NOT LISTED FOR SALE

58229 Gray Eagle Rd Hatteras, NC 27943

Estimated Value: $966,000 - $1,112,000

4 Beds
3.5 Baths
2,434 Sq Ft
$428/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $1,070,000 $440 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,785/month

7 Days on Market

Highlights

  • Beach Front
  • Coastal Architecture
  • Loft
  • Ocean View
  • Cathedral Ceiling
  • Furnished

About This Home

As of June 2022

Amazing oceanfront opportunity to step into Windfall. Located on Gray Eagle Road. Property is located on two lots. Lot 1 & 2 of Hatteras Dunes sec 2&3. Owners have loved this home for 27 years and are now ready for their next adventure. This is a must see. Location, location, location! Close to marinas, shops and restaurants yet tucked away from Hwy 12. Prequal letter or proof of funds required prior to showing.

Last Agent to Sell the Property

Dan Johnson

Midgett Realty - Hatteras License #90206 Listed on: 04/14/2022

Last Buyer's Agent

Suzie Scholten

Midgett Realty - Hatteras License #211406

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,588

Year Built

  • Built in 1995

Lot Details

  • 5,500 Sq Ft Lot
  • Beach Front

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 2,434 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Loft
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Outdoor Shower
  • Sun Deck

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Municipal Utilities District Water

Listing and Financial Details

  • Tax Lot 2

Community Details

Overview

  • Hatteras Dunes Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,588

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Outside Shower, Smoke Detector(s), Sun Deck
  • Headline: AMAZING OCEANFRONT LOCATION!
  • Heated Sq Ft: 2434
  • L V T Date: 04/14/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 396
  • 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, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Beamed Ceiling(s), Cathedral Ceiling(s), Ensuite, Walk in Closet
  • Optional Rooms: Loft
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Heat Pump
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 5500
  • Lot Description: Beach Frontage
  • Lot Number: Lot 2
  • Estimated Lot Size: 0.13
  • Deed Book: 997

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Midgett Realty
  • Rental Cottage Name: WINDFALL
  • Rental Turnover Day: SATURDAY
  • Rental Contact Email: SAMM@MIDGETTREALTY.COM

Building Info

  • Year Built: 1995

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2021
  • Taxes: 4588

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Jun 2, 2022
Sold by
Sanders Ashley H and Sanders William K
Bought by
Smiley Sean Edward
Seller's Agent
Dan Johnson
Midgett Realty - Hatteras
Buyer's Agent
Suzie Scholten
Midgett Realty - Hatteras
List Price
$1,100,000
Sold Price
$1,070,000
Premium/Discount to List
-$30,000
-2.73%
Current Estimated Value
$1,041,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,170
Avg. Annual Appreciation
-0.75%
Original Mortgage
$802,500
Outstanding Balance
$762,697
Interest Rate
5.3%
Mortgage Type
Balloon
Estimated Equity
$279,133
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smiley Sean Edward $6,420,000 Dixon & Dixon Law Offices
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smiley Sean Edward $802,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2022 06/23/22 Sold $1,070,000 -2.7% $440 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $1,100,000 -- $452 / 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 $4,104 $908,500 $448,000 $460,500
2024 $4,815 $735,900 $427,000 $308,900
2023 $4,815 $748,256 $427,000 $321,256
2022 $4,740 $748,256 $427,000 $321,256
2021 $4,665 $748,256 $427,000 $321,256
2020 $4,655 $748,256 $427,000 $321,256
2019 $4,097 $550,400 $304,200 $246,200
2018 $4,097 $550,400 $304,200 $246,200
2017 $4,097 $550,400 $304,200 $246,200
2016 $3,872 $550,400 $304,200 $246,200
2014 $39 $550,400 $304,200 $246,200
Source: Public Records

Agents Affiliated with this Home

  • Dan Johnson

    Seller's Agent in 2022

    Dan Johnson

    Midgett Realty - Hatteras

    (252) 305-6323

    120 in this area

    249 Total Sales

    Dan Johnson
    Section Image
  • Suzie Scholten

    Buyer's Agent in 2022

    Suzie Scholten

    Midgett Realty - Hatteras

    (252) 216-9181

    28 in this area

    112 Total Sales

    Suzie Scholten
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 118475

Outer Banks Association of REALTORS®

APN: 017400000

North Carolina Dare County Hatteras

58229 Gray Eagle Rd, Hatteras, NC

Not Listed for Sale

Detached

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