Closing Price:
$634,000
58218 Sand Road, Hatteras, NC 27943
4 bd
3 ba
2004 sq ft
MLS #: 121495
Status: Closed

Sold Details

Status: Closed
Sold Price: $594,000.00
Closing Date: 7/14/2023
Contract Date: 5/31/2023
Seller Concessions: Yes
Concession Comments: Price Reduction in lieu of repairs
Total Days on Market:
Cumulative Days on Market: 99
Due Diligence Date: 7/3/2023

Listing Information

Area: Hatteras Oceanside
Mls Status: Closed
Days On Market: 99
Cumulative Days On Market: 99
Listing Price: $634,000
Original Listing Price: $649,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 7/14/2023
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2004
Asking Price Per SqFt: $316.00
Heated Living Area Sq Ft: 2004
BedroomsTotal: 4
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 1988
Garage: Carport
Architectural Style: Contemporary, Reverse Floor Plan, Coastal, Cottage
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: No
Counter Tops: Laminate
Cooling: Central Air, Heat Pump
Interior Features: Beamed Ceilings, Cathedral Ceiling(s), Pantry
Heating: Electric, Heat Pump
Flooring: Carpet, Ceramic Tile, Vinyl
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Nita B Ballance
Deed Book: 2126
Deed Book Page Number: 0497
County Pin Number: 958407774529
Price Change: 7/13/2023
Road Surface: Paved

Lot Details

Lot Size Acres: 0.11
Lot Size Dimensions: 5000 sq. ft.
Lot Size Square Feet: 5000
Lot Features: Level
Lot Faces: E
Waterfront: 2 - lots from oceanfront (3rd row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $2,446.00
Flood Zone: Shaded X,X
Water Source: Municipal
Contract Status Change Date: 7/14/2023
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Shakes,Wood
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Jet Tub,Outside Lighting,Outside Shower,Patio,Sun Deck,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: none
Primary Residence: No
HOA Contact Info: none

Rental Income

Annual Rental Income: 40112
Rental Performance: 0.0675
Owner Renatl Income 2023 Amount: 28685
Avertised Income 2023 Amount: 34983
Owner Renatl Income 2022 Amount: 34122
Avertised Income 2021 Amount: 40112
Owner Rental Income 2021 Amount: 31684
Avertised Income 2021 Amount: 38155

Listing Agent Remarks

Hatteras Beach is an oceanside oasis offering 4 bedrooms, 3.5 bathrooms located in the heart of Hatteras Village! $34K Advertised Rents already on the books for 2023!! Beautiful Ocean Views, Easy & Short walk to the beach! Only 2 lots from Oceanfront in an X Flood Zone! Hatteras Beach offers easy beach access just a few steps down the street! Only a golf cart ride away from several Marina's for quick and easy boating access and fantastic local eateries & shops. Plenty of serene space to get away or enjoy soaking in the rays on the large sundecks. The first level consists of 3 bedrooms, 2 full shared bathrooms, and the laundry. The second/main living level offers open concept floor plan with exceptional horizon ocean views from the kitchen & living spaces. Top it off with a master suite with ocean view sitting area and ensuite with Jacuzzi tub. Hatteras Beach brought in $40K in advertised rents in 2022 with the owner using a few of the peak season weeks. While Hatteras Beach has been a consistent rental property, it would also be ideal for a 2nd home getaway or year round residence. Endless opportunity! A few recent updates include, New Septic, All New Stainless Kitchen Appliances, Bathrooms updated, 2 AC Heat Pumps about 3 years old.

Directions

S Hwy 12, Left on Woodall Way, Right on Sand Road, Hatteras Beach is on the right close to the beach access.

Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 58218 Sand Road in Hatteras is provided courtesy of Midgett Realty - Avon . Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 58218 Sand Road in Hatteras is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 OR 800-647-1868.
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