NOT LISTED FOR SALE

57214 Summer Place Dr Hatteras, NC 27943

Hatteras Neighborhood

Estimated Value: $605,000 - $1,889,000

5 Beds
6.5 Baths
3,569 Sq Ft
$389/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $899,999 $252 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,974/month

181 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Sauna
  • Community Beach Access
  • Heated In Ground Pool
  • Second Refrigerator

About This Home

As of October 2018

RECENTLY UPDATED and READY FOR AN OFFER! $50K Price Reduction! 5 Bedroom, 6.5 bathroom Summerplace Ocean Front Home in Hatteras Village, Dances With Waves aims to please potential purchasers and vacationers alike! Renters favorite, easily books for the season! Beautiful Ocean views and easy beach access! All 5 bedrooms are masters with en suites. Laundry located on bedroom level for convenience and ease. Excellent rental history with 12% RENTAL RATION! Private Pool and hot tub just off the covered porch leisure area. Private Sauna, Fireplace, Lower level sitting area with wet bar and full bathroom, 3 Master Suites have private balconies overlooking the Ocean! Screened porch off of the dining/kitchen area. Master Suite on main living level. Enjoy amazing views of Hatteras Sunrises or Sunsets over the Atlantic Ocean while lying in bed! All new whole house siding, windows, and doors in 2016/2017/2018. New Roof in 2014. Put Dances With Waves at the top of your must see list!

Last Agent to Sell the Property

Liz Midgett

Midgett Realty - Avon License #221798 Listed on: 03/01/2018

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,360

Year Built

  • Built in 2001

Lot Details

  • 0.38 Acre Lot
  • Beach Front
  • 75 Feet of Waterfront
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Traditional Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,569 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Screened Porch
  • Sauna

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Unpaved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 10

Community Details

Overview

  • Association fees include management, road maintenance, walkways
  • Summerplace Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,360

Year Built

Built in 2001

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Traditional, Coastal
  • Directions: S Hwy 12, Left on Summerplace Drive. Dances With Waves is on the Ocean Front
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Patio, Screened Porch, Sauna, Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: VE
  • Headline: All New Siding, Doors, Windows
  • Heated Sq Ft: 3569
  • L V T Date: 03/01/2018
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 0199
  • 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 Refrigerator
  • Bedrooms: 5
  • Countertops: Corian
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate, Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Pantry, Wet Bar
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 75
  • View: Ocean, Sound
  • Water Frontage: 75

Garage/Parking

  • Garage: Carport
  • Parking: Off Street, Under, Unpaved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Road Maintenance, Walkways
  • Association Amenities: Ocean Access, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 600

Lot Info

  • Estimated Lot Sq Ft: 16427
  • Lot Description: Adj to Park Serv./Preserv, Beach Frontage, Level, Water Frontage
  • Lot Faces: S
  • Lot Size: 16427
  • Lot Number: Lot 10
  • Estimated Lot Size: 0.38
  • Deed Book: 1884

Rental Info

  • Est Annual Rental Income: 111260
  • Estimated Rental Performance: 0.1236
  • Flood Expenses: 700
  • Lease Terms: Weekly
  • Maintenance Expenses: 4500
  • Other Insurance Expenses: 200
  • Poolspa Expense: 4000
  • Rental Co: Midgett Realty
  • Rental Cottage Name: Dances With Waves
  • Rental Cottage Number: HC100
  • Rental Phone Number: 252-986-2841
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 900
  • Annual Electric: 4800
  • Annual Telephone Expense: 800
  • Annual Water Expense: 900
  • Rental Contact Name: Bryan Fail

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2017
  • Taxes: 6360

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Wallace Wells Brady
Bought by
R Wells Revocable Living Trust
Current Estimated Value
$1,387,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$637,780
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$790,948

Purchase Details

Closed on
Dec 15, 2021
Sold by
Wells Jenny Bradsher and Bradsher Jenny L
Bought by
Wells Brady Walalce

Purchase Details

Listed on
Mar 1, 2018
Closed on
Oct 20, 2018
Sold by
Lundy Laurie E
Bought by
Wells Robert E and Wells Brady W
Seller's Agent
Liz Midgett
Midgett Realty - Avon
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$994,900
Sold Price
$899,999
Premium/Discount to List
-$94,901
-9.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%
Original Mortgage
$600,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2011
Sold by
Brown David F and Brown Dawn C
Bought by
Lundy Laurie Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2005
Sold by
Justice Daniel R and Justice Jamie D
Bought by
Brown David F and Brown Dawn C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
R Wells Revocable Living Trust $2,906,000 Rose Harrison Gilreath & Power
Wells Brady Walalce -- None Available
Wells Robert E $900,000 --
Lundy Laurie Elizabeth $825,000 None Available
Brown David F $502,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R Wells Revocable Living Trust $675,000
Previous Owner Wells Robert E $600,000
Previous Owner Lundy Laurie Elizabeth $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $899,999 -2.7% $252 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
06/19/2018 06/19/18 Price Changed $924,900 -5.1% $259 / Sq Ft
04/13/2018 04/13/18 Price Changed $974,900 -2.0% $273 / Sq Ft
03/01/2018 03/01/18 For Sale $994,900 -- $279 / 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 $6,366 $968,600 $450,000 $518,600
2023 $3,879 $989,344 $450,000 $539,344
2022 $6,267 $989,344 $450,000 $539,344
2021 $6,169 $989,344 $450,000 $539,344
2020 $6,343 $989,344 $450,000 $539,344
2019 $6,343 $846,800 $360,000 $486,800
2018 $0 $846,800 $360,000 $486,800
2017 $6,360 $846,800 $360,000 $486,800
2016 $5,994 $846,800 $360,000 $486,800
2014 $5,994 $846,800 $360,000 $486,800
Source: Public Records

Agents Affiliated with this Home

  • Liz Midgett

    Seller's Agent in 2018

    Liz Midgett

    Midgett Realty - Avon

    (252) 986-6329

    28 in this area

    116 Total Sales

    Liz Midgett
    Section Image
  • Trisha Midgett

    Buyer's Agent in 2018

    Trisha Midgett

    Midgett Realty - Rodanthe

    (252) 996-0124

    129 in this area

    1,254 Total Sales

    Trisha Midgett
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99460

Outer Banks Association of REALTORS®

APN: 016066010

North Carolina Dare County Hatteras Hatteras

57214 Summer Place Dr, Hatteras, NC

This home is located at 57214 Summer Place Dr, Hatteras, NC 27943 since 01 March 2018 and is currently estimated at $1,387,536, approximately $388 per square foot. This property was built in 2001. 57214 Summer Place Dr is a home located in Dare County with nearby schools including Cape Hatteras Elementary School and Cape Hatteras Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes