NOT LISTED FOR SALE

56731 Nc Highway 12 Hatteras, NC 27943

Hatteras Neighborhood

Estimated Value: $1,791,000 - $3,380,000

10 Beds
12 Baths
4,940 Sq Ft
$553/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $2,895,000 $586 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $16,071/month

12 Days on Market

Highlights

  • Beach Front
  • Home Theater
  • Second Refrigerator
  • Ocean View
  • Heated In Ground Pool
  • Cathedral Ceiling

About This Home

As of February 2023

A Stunning and Rare opportunity! BRAND NEW, Ocean Front, Hatteras Estate with spectacular views and luxury detailing throughout featuring 10 bedrooms, 10 full baths, and 2 half baths. The top level of “Aquasition” provides an expansive great room with exceptional views of the Atlantic Ocean and an open flow concept with volume ceilings. The generous sized dining area, and chef inspired kitchen with dual refrigerators are perfect for entertaining family and friends. Also featured on this level are 2 king suites, powder bath, and two beautiful ocean-view covered decks to enjoy the coastal sounds and views. The mid-level offers two ocean view decks and is dedicated to 4 king suites, theater, and ocean lounge with billiards table and wet bar. The first level offers hours of enjoyment with an ocean front recreation room, arcade, powder bath and 4 additional bedroom suites. The ground level provides a comfortable dry entry and easy access to the interior staircase and elevator. Opulent interior detailing, furnishings, décor, and lighting will leave a lasting impression. The outdoor entertaining area will provide endless fun with fiberglass, in-ground pool, hot tub, outdoor shower, large lounging area, and event lawn. Set to deliver an estimated 12% ROI within the first 5 years, this home is an ideal investment to add to any portfolio. Don't miss this RARE OPPORTUNITY. Buyer to sign Joint Driveway Declaration and Joint Walkway Declaration found in associated documents.

Last Agent to Sell the Property

Tammy Aycock

SAGA Realty and Construction License #174696 Listed on: 11/30/2022

Last Buyer's Agent

Tammy Aycock

SAGA Realty and Construction License #174696 Listed on: 11/30/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,399

Year Built

  • Built in 2022

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 54x256x56x244
  • Beach Front
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned CH-2

Parking

  • Paved Parking

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Siding
  • Piling Construction

Interior Spaces

  • 4,940 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Home Theater
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Built-In Oven
  • Microwave
  • Second Refrigerator
  • Second Dishwasher
  • Granite Countertops
  • Quartz Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Covered Deck
  • Tiki or Chickee Hut

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Septic System

Listing and Financial Details

  • Tax Lot 3

Community Details

Overview

  • Built by SAGA Construction

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,399

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: South on NC 12 Hwy, home is north of Durant Station Condos and a few miles north of Hatteras to Ocracoke Ferry.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Hot Tub, Landscaped, Lawn Sprinklers, Smoke Detector(s), Tiki Bar
  • Flood Zone: AO
  • Headline: Newly constructed in Hatteras!
  • Heated Sq Ft: 4940
  • L V T Date: 11/30/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: CH-2
  • Deed Book Pg Number: 152
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C18181
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Ice Machine, Microwave, Range/Oven, Refrigerator, Wall Oven, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 10
  • Countertops: Granite, Silestone, Quartz
  • Floor Coverings: Carpet, Tile, Luxury Vinyl Plank
  • Foundation: Piling
  • Full Bathrooms: 10
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Ensuite, Washer Connection
  • Optional Rooms: Foyer, Game Room, Pantry, Home Theater
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: SAGA Construction
  • Construction: Frame, Wood
  • Exterior: Lap Siding, Composite Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Electric, Heat Pump, Zoned
  • Fuel Tanks: Owned
  • Sewer/Septic System: Non Conventional Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 13703
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: .31
  • Lot Size: 54x256x56x244
  • Lot Number: Lot 3
  • Estimated Lot Size: 0.31
  • Deed Book: 2327

Rental Info

  • Est Annual Rental Income: 269891
  • Estimated Rental Performance: 0.0932
  • Lease Terms: Variable
  • Rental Co: KEES Vacation Rentals
  • Rental Cottage Name: Aquasition
  • Rental Cottage Number: K6510
  • Rental Phone Number: 866-316-1843
  • Rental Turnover Day: flex
  • Rental Contact Email: emily.walski@keesouterbanks.com
  • Rental Contact Name: Emily Walski
  • Rental Contact Phone: 252-489-6175

Building Info

  • Year Built: 2022

Tax Info

  • Year: 2022
  • Taxes: 5398.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Feb 23, 2023
Sold by
Hatteras Shores Two Llc
Bought by
El-Khoury Semaan Y and El-Khoury Hiba J
Seller's Agent
Tammy Aycock
SAGA Realty and Construction
Buyer's Agent
Tammy Aycock
SAGA Realty and Construction
List Price
$3,095,000
Sold Price
$2,895,000
Premium/Discount to List
-$200,000
-6.46%
Total Days on Market
12
Views
27
Current Estimated Value
$2,729,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$165,163
Avg. Annual Appreciation
-2.55%
Original Mortgage
$2,171,250
Outstanding Balance
$2,117,191
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$612,646

Purchase Details

Closed on
Nov 25, 2022
Sold by
Hatteras Shores Two Llc
Bought by
All Swell Obx Llc

Purchase Details

Closed on
Sep 26, 2019
Sold by
Daniel L Seale Ret
Bought by
Hatteras Shores 2 Llc
Source: Public Records

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
El-Khoury Semaan Y $14,475,000 None Listed On Document
All Swell Obx Llc -- --
Hatteras Shores 2 Llc $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open El-Khoury Semaan Y $2,171,250
Previous Owner Hatteras Shores Two Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $2,895,000 -6.5% $586 / Sq Ft
12/12/2022 12/12/22 Pending -- -- --
11/30/2022 11/30/22 For Sale $3,095,000 -- $627 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,970 $1,393,900 $350,000 $1,043,900
2023 $8,970 $1,393,900 $350,000 $1,043,900
2022 $5,399 $852,200 $350,000 $502,200
2021 $2,400 $385,000 $385,000 $0
2020 $2,395 $385,000 $385,000 $0
2019 $2,204 $302,700 $302,700 $0
2018 $2,204 $302,700 $302,700 $0
2017 $2,204 $302,700 $302,700 $0
2016 $2,083 $302,700 $302,700 $0
2014 $2,083 $302,700 $302,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120934

Outer Banks Association of REALTORS®

APN: 016017000