NOT LISTED FOR SALE

56773 Nc Highway 12 Unit 205 Hatteras, NC 27943

Hatteras Neighborhood

Estimated Value: $299,000 - $593,000

2 Beds
2 Baths
840 Sq Ft
$523/mo HOA Fee

Last Sold June 27, 2014

Last sale price $173,500 $207 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,044/month

334 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Clubhouse
  • Community Beach Access
  • Spa
  • Furnished

About This Home

As of June 2014

Shangri-la is a fabulous oceanfront condo lovingly maintained by its year-round resident owners, and extremely well-appointed. Hatteras’ unique southern exposure means cooling onshore breezes during the summer to allow you to enjoy off-the-deck stellar views regardless of the heat elsewhere, especially in the late afternoon. The natural beauty of the beach and spirited surf make this a destination well worth the extra miles. Association dues cover a host of ahh-menities as outlined in the features section. Recent upgrades include DirecTV (110 channels) & remote controlled storm shutters on the oceanfront sliders for each unit. Additionally unit owners have conditional access to two HOA-owned units for personal guests. Shangri-la has been home to Thad and Sharon. They were married here! It is a bittersweet decision for them to sell but a grand baby born far, far away beckons. Treat yourself to a look at this lovely condo, & be mesmerized by the ocean.

Last Agent to Sell the Property

Dottie Reed

NC 12 Realty License #189956 Listed on: 06/02/2013

Last Buyer's Agent

Dottie Reed

NC 12 Realty License #189956 Listed on: 06/02/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,644

Year Built

  • Built in 2007

Lot Details

  • Beach Front

HOA Fees

  • $523 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Asphalt Shingled Roof
  • Modular or Manufactured Materials
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 840 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Home Security

Parking

  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include building maintenance, cable, common electric, common insurance, flood insurance, grounds maintenance, management, pool, sewer/septic, walkways
  • Sam Mckeen Association, Phone Number (301) 807-1574
  • Durants Sta Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,644

Year Built

Built in 2007

Lot Details

0

HOA Fees

$523 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: Located in Hatteras Village on oceanside ~ can't miss it!
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Common Laundry Area, Covered Decks, Elevator, Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s)
  • Subdivision Name: Durant Station Condo
  • Headline: OUTSTANDING PRICE & VIEWS!
  • Heated Sq Ft: 840
  • Primary Residence: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit Level Number: 2
  • Waterfront Location: Oceanfront
  • Zoning: C-2
  • Deed Book Pg Number: 0374
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 2
  • Countertops: Solid Surface
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Dryer Connection, Ensuite, Washer Connection

Exterior Features

  • Construction: Modular (Pre-Fab)
  • Exterior: Vinyl
  • Pool: Yes
  • Pool Type: Outdoor
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Parking: Parking Lot, Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Cable, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Sewer/Septic, Walkways
  • Association Amenities: Clubhouse, Ocean Access, Outdoor-Comm. Pool, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 6276
  • Hoa Contact: Sam McKeen
  • HOA Contact: 301-807-1574

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Deed Book: 1873

Rental Info

  • Est Annual Rental Income: 22000
  • Estimated Rental Performance: 0.1268
  • Other Expenses: 2712
  • Rental Cottage Name: Shangri-la
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2013
  • Taxes: 1644

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2013
Closed on
Jun 25, 2014
Sold by
Chupalio Thad A and Chupalio Sharon B
Bought by
Foyes William M and Foyes Mary E
Seller's Agent
Dottie Reed
NC 12 Realty
Buyer's Agent
Dottie Reed
NC 12 Realty
List Price
$230,000
Sold Price
$173,500
Premium/Discount to List
-$56,500
-24.57%
Total Days on Market
334
Current Estimated Value
$422,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,973
Avg. Annual Appreciation
8.62%

Purchase Details

Closed on
Aug 10, 2011
Sold by
Waters Jeffrey M and Waters Danelle
Bought by
Mccready Sharon B and Chupalio Thad A

Purchase Details

Closed on
Feb 2, 2009
Sold by
Waters Jeffrey M
Bought by
Waters Jeffrey M and Waters Danelle

Purchase Details

Closed on
Oct 10, 2005
Sold by
Stone Mark A and Stone Shannon L
Bought by
Waters Jeffrey M
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Foyes William M -- None Available
Mccready Sharon B $242,000 None Available
Waters Jeffrey M -- None Available
Waters Jeffrey M $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chapalio Thad A $150,000
Previous Owner Stone Mark A $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $173,500 -24.6% $207 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
06/02/2013 06/02/13 For Sale $230,000 -- $274 / 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 $1,792 $271,700 $117,000 $154,700
2023 $1,088 $277,888 $117,000 $160,888
2022 $1,760 $277,888 $117,000 $160,888
2021 $1,733 $277,888 $117,000 $160,888
2020 $1,911 $307,188 $146,300 $160,888
2019 $1,740 $233,300 $120,000 $113,300
2018 $1,740 $233,300 $120,000 $113,300
2017 $1,740 $233,300 $120,000 $113,300
2016 $1,644 $233,300 $120,000 $113,300
2014 $1,644 $233,300 $120,000 $113,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 79328

Outer Banks Association of REALTORS®

APN: 027863104