NOT LISTED FOR SALE

57059 Lighthouse Rd Hatteras, NC 27943

Hatteras Neighborhood

Estimated Value: $1,807,000 - $2,215,000

6 Beds
8 Baths
4,691 Sq Ft
$415/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $1,750,000 $373 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,971/month

10 Days on Market

Highlights

  • Beach Front
  • Heated In Ground Pool
  • Coastal Architecture
  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of March 2022

Whether you are looking for the PERFECT vacation home or investment opportunity, look no further than "Davis Dunes II"!! This 6 bedroom (5are masters!), 6 full bath and 2 half baths ocean front stunner will steal your heart!! Perfectly located on a cul-de-sac just steps away from the community boardwalk to the beach and within minutes of all the shopping, dining and entertainment that the village has to offer, this home truly has it all. The amenities abound - beautiful private heated pool with pergola; hot tub; dry entry; elevator; TWO laundry areas (ground and mid-level); a game room with wet bar featuring a full sized refrigerator and microwave; LARGE bedrooms with beautiful views and deck access; covered decks; sun decks; an incredible upper level with wood burning fireplace, vaulted ceilings and floor-to-ceiling windows; beautiful kitchen with double dishwashers, 6 burner gas range and granite countertops; large dining area and breathtaking ocean views!!! No wonder this property is such a solid rental performer with more than $156K in rents for 2021 and more than $162K already booked for 2022! This is one you do NOT want to miss...come and visit "Davis Dunes II" today!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 01/08/2022

Last Buyer's Agent

Dru Ferrence

Basnight Realty License #174208

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,928

Year Built

  • Built in 2007

Lot Details

  • 0.34 Acre Lot
  • Beach Front
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 4,691 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 6

Community Details

Overview

  • Captain's Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,928

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: Shaded X
  • Headline: Oceanfront "Davis Dunes II"
  • Heated Sq Ft: 4691
  • L V T Date: 01/08/2022
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 147995
  • Advertised Income 2021: 156038
  • Advertised Income 2022: 162948
  • Deed Book Pg Number: 0577
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0569
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Ensuite, Wet Bar, Wood Fireplace
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Beach Frontage, Cul-de-sac, Level
  • Lot Size: 15000 Sq. Ft.
  • Lot Number: Lot 6
  • Estimated Lot Size: 0.34
  • Deed Book: 2337

Rental Info

  • Est Annual Rental Income: 156038
  • Estimated Rental Performance: 0.0892
  • Lease Terms: Weekly
  • Rental Co: Midgett Realty
  • Rental Cottage Name: Davis Dunes II
  • Rental Cottage Number: HEA06
  • Rental Turnover Day: Saturday
  • Rental Contact Email: kareng@midgettrealty.com
  • Rental Contact Name: Karen Greenwood

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2021
  • Taxes: 6928.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2022
Closed on
Feb 21, 2022
Sold by
Salty Llc
Bought by
Turner Property Ventures Hatte
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Dru Ferrence
Basnight Realty
List Price
$1,750,000
Sold Price
$1,750,000
Current Estimated Value
$1,947,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,293
Avg. Annual Appreciation
3.76%
Original Mortgage
$1,312,500
Outstanding Balance
$1,260,184
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$733,992

Purchase Details

Listed on
Oct 19, 2018
Closed on
Nov 8, 2019
Sold by
Tolbert Marshall and Morgan Jay K
Bought by
Salty Llc
Seller's Agent
Dan Johnson
Midgett Realty - Hatteras
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$1,395,000
Sold Price
$1,100,000
Premium/Discount to List
-$295,000
-21.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.48%
Original Mortgage
$825,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2006
Sold by
Rhodes Georgia G and Rhodes Joseph W
Bought by
Streea Neurosurgery Group and Profit Sharing Plan & Trust
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
Turner Property Ventures Hatte $10,500,000 Wheless & Wheless Pllc
Salty Llc $1,100,000 --
Streea Neurosurgery Group $700,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Property Ventures Hatte $1,312,500
Previous Owner Salty Llc $825,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $1,750,000 0.0% $373 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/08/2022 01/08/22 For Sale $1,750,000 +59.1% $373 / Sq Ft
11/21/2019 11/21/19 Sold $1,100,000 -8.3% $236 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
05/17/2019 05/17/19 Price Changed $1,200,000 -12.4% $257 / Sq Ft
01/03/2019 01/03/19 Price Changed $1,370,000 -1.8% $294 / Sq Ft
10/19/2018 10/19/18 For Sale $1,395,000 -- $299 / 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 $7,151 $1,085,400 $440,600 $644,800
2023 $7,167 $1,111,192 $440,600 $670,592
2022 $7,039 $1,111,192 $440,600 $670,592
2021 $6,928 $1,111,192 $440,600 $670,592
2020 $6,913 $1,111,192 $440,600 $670,592
2019 $7,965 $1,058,600 $352,500 $706,100
2018 $7,965 $1,058,600 $352,500 $706,100
2017 $7,965 $1,058,600 $352,500 $706,100
2016 $7,527 $1,058,600 $352,500 $706,100
2014 $7,527 $1,058,600 $352,500 $706,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117220

Outer Banks Association of REALTORS®

APN: 025516006