Closing Price:
$1,299,000
57220 Summerplace Drive, Hatteras, NC 27943
8 bd
8 ba
4979 sq ft
MLS #: 97875
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,225,000.00
Closing Date: 9/21/2018
Contract Date: 8/9/2018
Seller Concessions: Yes
Concession Comments: Closing Credit
Total Days on Market:
Cumulative Days on Market: 322

Listing Information

Area: Hatteras Oceanside
Mls Status: Closed
Days On Market: 321
Cumulative Days On Market: 322
Listing Price: $1,299,000
Original Listing Price: $1,380,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 9/24/2018
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4979
Asking Price Per SqFt: $261.00
Heated Living Area Sq Ft: 4979
BedroomsTotal: 8
Bathrooms Full: 8
Bathrooms Partial: 1
Year Built: 2004
Architectural Style: Contemporary, Coastal, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dryer, Dishwasher, Freezer, Ice Maker, Refrigerator w/Ice Maker, Washer, Wine Cooler, Wall Oven
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, Heated, In Ground, Outdoor Pool, Private
Counter Tops: Granite,Silestone
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Wet Bar, Walk-In Closet(s)
Heating: Electric, Heat Pump
Room Type: Foyer, Game Room, Loft
Flooring: Carpet, Ceramic Tile, Laminate
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Summerplace
Deed Book: 1915
Deed Book Page Number: 0401
County Pin Number: 959405195204
Price Change: 9/23/2018
Road Surface: Paved, Private
Association Amenities: Board Walk, Ocean Access

Lot Details

Lot Size Acres: 0.35
Lot Size Dimensions: 15000
Lot Size Square Feet: 15096
Lot Features: Adj. To Common Area, Adj to Park Serv./Preserv, Beach Frontage, Level
Lot Faces: S
Water Frontage: 75
Waterfront: Ocean Front
View: Ocean, Park/Greenbelt, Sound, Salt Marsh
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2017
Annual Property Taxes: $7,470.00
Flood Zone: VE
Water Source: Municipal
Contract Status Change Date: 9/24/2018
Estimated Annual Fee Amt: $600.00
Sewer: Septic Tank
Association Fee Includes: Management, Road Maintenance, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: None
Bank/Institution Owned: No
Exterior: Cement Fiber Board,Lap Siding,Wood
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Elevator,Fenced Yard,Handicap Friendly,Hot Tub,Jet Tub,Outside Lighting,Outside Shower,Patio,Sun Deck,Dry Entry,Inside Laundry Room
Fuel Tanks: Leased
Primary Residence: No
Street Frontage : 75

Rental Income

Annual Rental Income: 146522
Rental Performance: 0.1196

Listing Agent Remarks

FANTASTIC RENTAL INVESTMENT PROPERTY! 11%ROI! Ocean Visions is a premier OCEAN FRONT home located in Summerplace Subdivision. Offering top of the line amenities as well as first class location. 8 bedrooms (7 master suites), 8 full bathrooms, and 1 half bathroom, elevator, game & media room, full lower level kitchenette, first level master suite, laundry on 2 levels, gas fireplace, open floor plan living area, private 4th level loft, expansive decking overlooking the ocean and sound, private heated pool, hot tub, outside shower and toilet, fenced yard, adjacent boardwalk to the beach. The recently updated kitchen boasts of granite counters, full size refrigerator & freezer, ice maker, 2 dishwashers, 2 wall ovens, and gas range all overlooking fantastic ocean views! The top level master suite comes equipped with a walk in closet, beautiful en-suite, and extraordinary ocean views from bed! With $146,000 in gross rents for 2016, Ocean Visions is a consistently top producing rental property! Schedule your showing today!

Directions

S Hwy 12, Left on Summerplace Drive, Ocean Visions is on the Ocean Front.

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 57220 Summerplace Drive 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 57220 Summerplace Drive 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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