NOT LISTED FOR SALE

57218 Summer Place Dr Hatteras, NC 27943

Hatteras Neighborhood

Estimated Value: $1,461,308 - $2,119,000

6 Beds
7.5 Baths
3,914 Sq Ft
$478/Sq Ft Est. Value

Last Sold August 19, 2016

Last sale price $998,000 $255 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $10,585/month

655 Days on Market

Highlights

  • Community Beach Access
  • Heated In Ground Pool
  • Wood Flooring
  • Ocean Front
  • Coastal Architecture
  • Furnished

About This Home

As of August 2016

6BR, 7.5BA beautiful, spacious home w/private heated oceanfront pool/kiddie pool/hot tub located in the exclusive Summerplace Subd. Ocean and Sound views of Hatteras Village from the loft. Ground level has elevator access, under house parking, 2 enclosed outside showers. Easy beach access right next door via a boardwalk.. Game room w/ kitchenette. Call today

Last Agent to Sell the Property

Dan Johnson

Midgett Realty - Hatteras License #90206 Listed on: 09/26/2014

Last Buyer's Agent

Dan Johnson

Midgett Realty - Hatteras License #90206 Listed on: 09/26/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,289

Year Built

  • Built in 2001

Lot Details

  • Ocean Front
  • Property fronts a private road

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Tuck Under Parking

Home Design

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

Interior Spaces

  • 3,914 Sq Ft Home
  • Elevator
  • Furnished
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • 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 8

Community Details

Overview

  • Michael Wilson Treasurer Association, Phone Number (704) 995-9851
  • Summerplace Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,289

Year Built

Built in 2001

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Hwy 12 South, left on Summerplace Drive. Look for sign
  • Extras: Covered Decks, Elevator, Outside Lighting, Outside Shower, Sun Deck
  • Flood Zone: VE
  • Headline: Beautiful Oceanfront home
  • Heated Sq Ft: 3914
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 0039
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 6
  • Floor Coverings: Carpet, Wood
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Ice Maker Connection
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Under

Utilities

  • Cooling: Central
  • Heating: Central, Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 300
  • Hoa Contact: Michael Wilson-Treasurer
  • HOA Contact: 704-995-9851

Lot Info

  • Lot Description: Water Frontage
  • Lot Number: Lot 8
  • Deed Book: 1698

Rental Info

  • Est Annual Rental Income: 77955
  • Lease Terms: Weekly
  • Rental Co: Midgett Realty
  • Rental Cottage Name: Blue Marlin
  • Rental Cottage Number: HC080
  • Rental Phone Number: 252-986-6331
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 2001

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2014
  • Taxes: 6289

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2014
Closed on
Aug 9, 2016
Sold by
Smith Burrows G and Smith Pamela
Bought by
Thomson Properties Llc
Seller's Agent
Dan Johnson
Midgett Realty - Hatteras
Buyer's Agent
Dan Johnson
Midgett Realty - Hatteras
List Price
$1,175,000
Sold Price
$998,000
Premium/Discount to List
-$177,000
-15.06%
Current Estimated Value
$1,871,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$873,327
Avg. Annual Appreciation
7.11%
Original Mortgage
$848,300
Outstanding Balance
$676,188
Interest Rate
3.45%
Mortgage Type
Commercial
Estimated Equity
$1,195,139

Purchase Details

Closed on
Aug 8, 2006
Sold by
Gilley Charles J and Gilley Jennifer C
Bought by
Smith Burrows G and Smith Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000,000
Interest Rate
6.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Thomson Properties Llc $998,000 Attorney
Smith Burrows G $8,700,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomson Properties Llc $848,300
Previous Owner Smith Burrows G $51,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2016 08/19/16 Sold $998,000 -15.1% $255 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
09/26/2014 09/26/14 For Sale $1,175,000 -- $300 / 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 $7,667 $1,162,700 $443,800 $718,900
2023 $4,657 $1,191,456 $443,800 $747,656
2022 $7,548 $1,191,456 $443,800 $747,656
2021 $7,429 $1,191,456 $443,800 $747,656
2020 $7,412 $1,191,456 $443,800 $747,656
2019 $6,655 $887,400 $355,000 $532,400
2018 $6,655 $887,400 $355,000 $532,400
2017 $6,655 $887,400 $355,000 $532,400
2016 $6,289 $887,400 $355,000 $532,400
2014 $6,289 $887,400 $355,000 $532,400
Source: Public Records

Agents Affiliated with this Home

  • Dan Johnson

    Seller's Agent in 2016

    Dan Johnson

    Midgett Realty - Hatteras

    (252) 305-6323

    129 in this area

    264 Total Sales

    Dan Johnson
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 85336

Outer Banks Association of REALTORS®

APN: 016066008

North Carolina Dare County Hatteras Hatteras

57218 Summer Place Dr, Hatteras, NC

This home is located at 57218 Summer Place Dr, Hatteras, NC 27943 since 26 September 2014 and is currently estimated at $1,871,327, approximately $478 per square foot. This property was built in 2001. 57218 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.

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