NOT LISTED FOR SALE

57442 Nc Highway 12 Unit B5 Hatteras, NC 27943

Hatteras Neighborhood

Estimated Value: $396,000 - $466,000

2 Beds
2.5 Baths
1,272 Sq Ft
$328/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $213,500 $168 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,966/month

837 Days on Market

Highlights

  • Views of a Sound
  • Home fronts a canal
  • Contemporary Architecture
  • Outdoor Pool
  • Clubhouse
  • Furnished

About This Home

As of November 2019

Step into relaxation at this luxurious condo. Boat right into your slip, take the elevator up and walk out onto the deck for a serene view of the Hatteras soundside or if you prefer just lay around at the pool. 2 bedrooms each have their own full bath. Storage for the unit is on ground level; perfect spot to keep the fishing rods or beach chairs. Rent a golf cart and spin around the village of Hatteras! Visit the shops and restaurants or see the fishing boat's fresh catch as they come in each evening from the Gulf Stream. This makes a great second home or rental property. Property rents well as is comfortable for small groups. Enjoy the good life now!

Last Agent to Sell the Property

April Contestable

Brindley Beach Vacations & Sal License #190635 Listed on: 06/15/2017

Last Buyer's Agent

Trafton Reynolds

NC 12 Realty License #265864

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,735

Year Built

  • Built in 2005

Lot Details

  • Home fronts a canal
  • Property fronts a private road

HOA Fees

  • $615 Monthly HOA Fees

Parking

  • Parking Lot

Property Views

  • Views of a Sound
  • Canal Views

Home Design

  • Contemporary Architecture
  • Property Attached
  • Entry on the 2nd floor
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,272 Sq Ft Home
  • Elevator
  • Furnished

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Covered Deck
  • Storage Shed

Utilities

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

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, flood insurance, grounds maintenance, management, pool, sewer/septic, water
  • Slash Creek Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Boardwalk
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,735

Year Built

Built in 2005

Lot Details

0

HOA Fees

$615 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Extras: Covered Decks, Elevator, Storage Shed
  • Flood Zone: AE
  • Headline: Condo w/Boat Dock-Pool-Views!
  • Heated Sq Ft: 1272
  • L V T Date: 06/15/2017
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 2
  • Waterfront Location: Canalfront
  • Zoning: Res
  • Deed Book Pg Number: 0205
  • Office License Number: C3830
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Canal, Sound, Salt Marsh

Garage/Parking

  • Parking: Parking Lot

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Sewer/Septic, Water
  • Condo Type: Attached
  • Association Amenities: Boat Dock, Clubhouse, Outdoor-Comm. Pool, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 7380

Lot Info

  • Lot Description: Bulkheaded, Water Frontage
  • Deed Book: 1870

Rental Info

  • Lease Terms: Weekly
  • Other Insurance Expenses: 556
  • Rental Co: Vacasa - Hatteras
  • Rental Cottage Name: B5
  • Rental Turnover Day: Sat
  • Annual Cable TV Expense: 1601
  • Annual Electric: 1308
  • Annual Telephone Expense: 625

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2018
  • Taxes: 1734.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2024
Sold by
Lynn Todd Matthew and Lynn Crystal Roxanne
Bought by
Smith Matthew
Current Estimated Value
$416,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$168,437
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$248,445

Purchase Details

Listed on
Jun 15, 2017
Closed on
Nov 15, 2019
Sold by
Hastteras Investments Llc
Bought by
Lynn Todd M and Lynn Crystral R
Seller's Agent
April Contestable
Brindley Beach Vacations & Sal
Buyer's Agent
Trafton Reynolds
NC 12 Realty
List Price
$235,000
Sold Price
$213,500
Premium/Discount to List
-$21,500
-9.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.78%
Original Mortgage
$170,800
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2011
Sold by
Mills Fred G and Mills Rachel
Bought by
Hatteras Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,770
Interest Rate
4.63%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 21, 2011
Sold by
Slash Creek Llc
Bought by
Mills Fred G and Mills Fred G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.58%
Mortgage Type
New Conventional
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
Smith Matthew $410,000 None Listed On Document
Smith Matthew $410,000 None Listed On Document
Lynn Todd M $213,500 --
Hatteras Investments Llc -- None Available
Mills Fred G $245,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Matthew $170,000
Closed Smith Matthew $170,000
Previous Owner Lynn Todd M $170,800
Previous Owner Hatteras Investments Llc $177,770
Previous Owner Mills Fred G $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $213,500 -5.1% $168 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
07/15/2019 07/15/19 Price Changed $225,000 -4.3% $177 / Sq Ft
01/11/2018 01/11/18 For Sale $235,000 +10.1% $185 / Sq Ft
01/01/2018 01/01/18 Off Market $213,500 -- --
06/15/2017 06/15/17 For Sale $245,000 -- $193 / 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
2025 $1,843 $404,300 $100,000 $304,300
2024 $1,428 $216,100 $69,000 $147,100
2023 $1,428 $221,984 $69,000 $152,984
2022 $1,406 $221,984 $69,000 $152,984
2021 $1,388 $221,984 $69,000 $152,984
2020 $1,381 $221,984 $69,000 $152,984
2019 $1,729 $229,500 $70,000 $159,500
2018 $1,735 $229,500 $70,000 $159,500
2017 $1,729 $229,500 $70,000 $159,500
2016 $1,634 $229,500 $70,000 $159,500
2014 $1,634 $229,500 $70,000 $159,500
Source: Public Records

Agents Affiliated with this Home

  • April Contestable

    Seller's Agent in 2019

    April Contestable

    Brindley Beach Vacations & Sal

    (252) 996-0131

    64 Total Sales

    April Contestable
    Section Image
  • Trafton Reynolds

    Buyer's Agent in 2019

    Trafton Reynolds

    NC 12 Realty

    (252) 996-0104

    28 in this area

    150 Total Sales

    Trafton Reynolds
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 96816

Outer Banks Association of REALTORS®

APN: 015746014

North Carolina Dare County Hatteras Hatteras

57442 Nc Highway 12 Unit B5, Hatteras, NC

Not Listed for Sale

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