NOT LISTED FOR SALE

58223 Sutton Place Hatteras, NC 27943

Hatteras Neighborhood

Estimated Value: $1,076,343 - $1,257,000

3 Beds
1.5 Baths
1,352 Sq Ft
$851/Sq Ft Est. Value

Last Sold December 20, 2017

Last sale price $610,000 $451 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $6,860/month

357 Days on Market

Highlights

  • Ocean Front
  • Coastal Architecture
  • Workshop
  • Beach Access
  • Furnished
  • Outdoor Shower

About This Home

As of December 2017

3BR, 1.5BA classic Hatteras cottages. Great opportunity to be in one of the 1st few oceanfront homes built in Hatteras. True charming oceanfront beach cottage with great trees around the property. Under house storage area with an easy walk to the beach.

Last Agent to Sell the Property

Dan Johnson

Midgett Realty - Hatteras License #90206 Listed on: 09/06/2016

Last Buyer's Agent

Dan Johnson

Midgett Realty - Hatteras License #90206 Listed on: 09/06/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,033

Year Built

  • Built in 1976

Lot Details

  • Ocean Front

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,352 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Workshop
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Beach Access
  • Sun Deck
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Private Sewer

Community Details

  • Sutton Place Subdivision

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,033

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Extras: Beach Access, Ceiling Fan(s), Outside Lighting, Outside Shower, Sun Deck
  • Flood Zone: VE
  • Headline: Great Location
  • Heated Sq Ft: 1352
  • L V T Date: 09/06/2016
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0918
  • Office License Number: C0569
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments
  • Optional Rooms: Workshop
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1015

Lot Info

  • Lot Description: Adj to Park Serv./Preserv, Water Frontage
  • Lot Number: Lot 1
  • Deed Book: 1251

Rental Info

  • Est Annual Rental Income: 39982
  • Estimated Rental Performance: 0.0655
  • Flood Expenses: 558
  • Lease Terms: Weekly
  • Rental Co: Vacasa - Hatteras
  • Rental Cottage Name: Point Leora
  • Rental Turnover Day: Sat.
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 759
  • Annual Electric: 1392
  • Annual Telephone Expense: 941
  • Annual Water Expense: 309

Building Info

  • Year Built: 1976

Tax Info

  • Year: 2016
  • Taxes: 3033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2016
Closed on
Dec 14, 2017
Sold by
Hamrick Terry L and Hamrick Sheree L
Bought by
Point Leora Llc
Seller's Agent
Dan Johnson
Midgett Realty - Hatteras
Buyer's Agent
Dan Johnson
Midgett Realty - Hatteras
List Price
$615,000
Sold Price
$610,000
Premium/Discount to List
-$5,000
-0.81%
Total Days on Market
357
Current Estimated Value
$1,150,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,086
Avg. Annual Appreciation
8.29%
Original Mortgage
$300,000
Outstanding Balance
$257,124
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$846,616
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
Point Leora Llc $610,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Point Leora Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2017 12/20/17 Sold $610,000 -0.8% $451 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
09/06/2016 09/06/16 For Sale $615,000 -- $455 / 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 $4,849 $741,400 $465,100 $276,300
2023 $2,969 $752,452 $465,100 $287,352
2022 $3,857 $608,828 $465,100 $143,728
2021 $4,166 $667,380 $465,100 $202,280
2020 $4,152 $667,380 $465,100 $202,280
2019 $3,206 $435,100 $331,400 $103,700
2018 $0 $435,100 $331,400 $103,700
2017 $3,209 $435,100 $331,400 $103,700
2016 $3,030 $435,100 $331,400 $103,700
2014 $3,033 $435,100 $331,400 $103,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 93630

Outer Banks Association of REALTORS®

APN: 015895001