NOT LISTED FOR SALE

39004 Drum Rd Avon, NC 27915

Estimated Value: $538,000 - $678,000

3 Beds
3.5 Baths
1,845 Sq Ft
$326/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $415,000 $225 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,375/month

6 Days on Market

Highlights

  • Views of a Sound
  • Spa
  • Cathedral Ceiling
  • Home fronts a sound
  • Coastal Architecture
  • Wood Flooring

About This Home

As of May 2017

"On the Waterfront" and that is not an exaggeration. Water views all around. Sound views to the west, canal views to the north and the south make this a truly unique location. High end finishing throughout the home from the hardwood floors and wainscoting to the door knobs and HARDWOOD doors. With a beautiful kitchen and bathrooms no expense was spared in this home. Easy living in quality construction. This home has been completely renovated and drop dead gorgeous. SOLID rental income on this property make this a great investment on the Outer Banks and the location is a PRIME location for a year round residence and or second home. You have to see the home to truly appreciate the beauty.

Last Agent to Sell the Property

Tim Lancsek

Surfside Realty License #210399 Listed on: 04/04/2017

Surfside Realty

Last Buyer's Agent

Jack Marshall

Shore Advantage Realty-KH License #201176

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,787

Year Built

  • Built in 1983

Lot Details

  • Home fronts a sound
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Level Lot

Property Views

  • Views of a Sound
  • Canal Views

Home Design

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

Interior Spaces

  • 1,845 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Covered Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Hatteras Colony Subdivision

Listing and Financial Details

  • Tax Lot 217Pt216

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,787

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Nags Head, Coastal, Cottage
  • Directions: Heading South to Avon Turn Right on Seashore Blvd and then a right on Drum Home is down to the left
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Patio, Screened Porch, Smoke Detector(s)
  • Flood Zone: VE
  • Subdivision Name: Hatteras Colony
  • Heated Sq Ft: 1845
  • L V T Date: 04/04/2017
  • Roads: Paved, Private, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: res
  • Deed Book Pg Number: 0010
  • Office License Number: C21933
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Countertops: Granite, Laminate
  • Floor Coverings: Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Bay/Bow Window, Beamed Ceiling(s), Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Pantry
  • Optional Rooms: Pantry
  • Partial Bathrooms: 1

Exterior Features

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

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Forced Air, Heat Pump, Zoned
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 2497

Lot Info

  • Lot Description: Bulkheaded, Cul-de-sac, Level, Water Frontage
  • Lot Faces: West
  • Lot Number: Lot 217Pt216
  • Deed Book: 0744

Rental Info

  • Est Annual Rental Income: 40992
  • Estimated Rental Performance: 0.0988
  • Flood Expenses: 888
  • Lease Terms: Weekly
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: On the Waterfront
  • Rental Cottage Number: 250
  • Rental Phone Number: 252-995-5801
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1983

Tax Info

  • Year: 2015
  • Taxes: 1787

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2017
Closed on
May 10, 2017
Sold by
Kline Kenneth E and Kline Rebecca M
Bought by
Fiore Joanne and Fiore Debra
Seller's Agent
Tim Lancsek
Surfside Realty
Buyer's Agent
Jack Marshall
Shore Advantage Realty-KH
List Price
$399,000
Sold Price
$415,000
Premium/Discount to List
$16,000
4.01%
Current Estimated Value
$600,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,562
Avg. Annual Appreciation
4.38%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fiore Joanne -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2017 05/12/17 Sold $415,000 +4.0% $225 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $399,000 -- $216 / 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 $2,750 $620,100 $182,000 $438,100
2024 $3,018 $466,300 $161,200 $305,100
2023 $3,010 $478,504 $161,200 $317,304
2022 $2,962 $478,504 $161,200 $317,304
2021 $2,922 $478,504 $161,200 $317,304
2020 $2,669 $478,504 $161,200 $317,304
2019 $2,001 $300,700 $147,800 $152,900
2018 $2,006 $300,700 $147,800 $152,900
2017 $1,900 $285,300 $136,300 $149,000
2016 $1,783 $285,300 $136,300 $149,000
2014 $1,783 $285,300 $136,300 $149,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 95906

Outer Banks Association of REALTORS®

APN: 013844000