NOT LISTED FOR SALE

57223 Summer Place Dr Hatteras, NC 27943

Hatteras Neighborhood

Estimated Value: $913,678 - $984,000

5 Beds
5.5 Baths
2,888 Sq Ft
$326/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $809,000 $280 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,481/month

49 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Furnished
  • Ocean View
  • Coastal Architecture
  • Granite Countertops

About This Home

As of January 2022

If you are looking for the perfect vacation home or investment opportunity, look no further than "Summer Time". This absolutely charming 5 bedroom( 4 are masters!)/ 5 full bath and one half bath is perfectly located in the Summerplace subdivision of Hatteras...on a quiet cul-de-sac and just a stroll down the community boardwalk to the beach, yet just minutes from shopping, dining, marinas, entertainment and the Ocracoke ferry!! The amenities abound - gorgeous private pool; hot tub; screened porch; outdoor shower; sun decks; covered decks; carport; dry entry; storage shed; LARGE bedrooms; well planned kitchen with breakfast bar and granite countertops; upper level with cathedral ceilings, floor to ceiling windows and beautiful views...the list is nearly endless! Currently operated as a VRBO and AirBnB, it is no wonder that this property is a STELLAR rental performer with more than $100K on the books for 2021 (ROI of 12%!!) and more than $69K already booked for 2022!! This is an opportunity you do NOT want to miss! Life is better in "Summer Time"...come and visit today!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 10/19/2021

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 10/19/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,635

Year Built

  • Built in 2001

Lot Details

  • 0.39 Acre Lot
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $75 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 2,888 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Game Room
  • Screened Porch

Kitchen

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

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

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Tax Lot 19

Community Details

Overview

  • Association fees include walkways
  • Bob Comerford Association, Phone Number (908) 229-4723
  • Summerplace Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,635

Year Built

Built in 2001

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Screened Porch, Storage Shed, Sun Deck, Dry Entry
  • Flood Zone: AE
  • Headline: RENTAL POWERHOUSE!!
  • Heated Sq Ft: 2888
  • L V T Date: 10/19/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: Res
  • Deed Book Pg Number: 0395
  • 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
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Ensuite, Some Windows Treated, 1st Flr Ensuite
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Walkways
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 900
  • Hoa Contact: Bob Comerford
  • HOA Contact: 908-229-4723

Lot Info

  • Estimated Lot Sq Ft: 17000
  • Lot Description: Cul-de-sac, Level
  • Lot Number: Lot 19
  • Estimated Lot Size: 0.39
  • Deed Book: 1643

Rental Info

  • Est Annual Rental Income: 100924
  • Estimated Rental Performance: 0.1248
  • Lease Terms: Weekly
  • Rental Co: VRBO
  • Rental Cottage Name: Summer Time
  • Rental Cottage Number: 76780
  • Rental Turnover Day: Variable
  • Rental Contact Email: https://www.vrbo.com/76780

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2020
  • Taxes: 3635.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2025
Sold by
Dbj Adventures Llc
Bought by
Nc Tmaw 223 Llc
Current Estimated Value
$942,170

Purchase Details

Closed on
Jul 25, 2024
Sold by
Robinson Brad D and Robinson Danielle A
Bought by
Dbj Adventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2021
Closed on
Jan 19, 2022
Sold by
Steagall Michael J and Steagall Elise R
Bought by
Robinson Brad D and Robinson Danille A
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$825,000
Sold Price
$809,000
Premium/Discount to List
-$16,000
-1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%
Original Mortgage
$647,200
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2005
Sold by
Nuckel Thomas J and Nuckel Kim Marie
Bought by
Steagall Michael J and Steagall Elise R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
5.25%
Mortgage Type
Assumption
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
Nc Tmaw 223 Llc -- None Listed On Document
Nc Tmaw 223 Llc -- None Listed On Document
Dbj Adventures Llc $940,000 None Listed On Document
Robinson Brad D $4,045,000 Dixon & Dixon Law Offices Pllc
Steagall Michael J $71,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dbj Adventures Llc $470,000
Previous Owner Robinson Brad D $647,200
Previous Owner Steagall Michael J $417,000
Previous Owner Steagall Michael J $417,000
Previous Owner Steagall Michael J $172,000
Previous Owner Steagall Michael J $572,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $809,000 -1.9% $280 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $825,000 -- $286 / 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 $3,741 $564,300 $138,100 $426,200
2023 $3,741 $581,348 $138,100 $443,248
2022 $3,683 $581,348 $138,100 $443,248
2021 $3,635 $581,348 $138,100 $443,248
2020 $3,617 $581,348 $138,100 $443,248
2019 $3,449 $456,600 $114,900 $341,700
2018 $3,461 $456,600 $114,900 $341,700
2017 $3,461 $456,600 $114,900 $341,700
2016 $3,259 $456,600 $114,900 $341,700
2014 $3,259 $456,600 $114,900 $341,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116533

Outer Banks Association of REALTORS®

APN: 016066019