NOT LISTED FOR SALE

39298 Ocean Ln Avon, NC 27915

Estimated Value: $490,000 - $2,214,000

3 Beds
1.5 Baths
1,346 Sq Ft
$732/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $586,000 $435 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,345/month

5 Days on Market

Highlights

  • Community Beach Access
  • Rooftop Deck
  • Wooded Lot
  • Ocean Front
  • Coastal Architecture
  • Corner Lot

About This Home

As of September 2023

“Flee To The Sea" and never want to leave. This bright and cheery beach house sits on a large semi-oceanfront lot just one back from the ocean in northern Avon. The home has been newly updated with furnishings and a new kitchen, all new appliances in 2020, plus a new HVAC in 2023, roof in 2019 and more. This is in addition to the expansion and updates made in 2012-2013 to enlarge the living/dining area and add the bonus room (currently used as a 4th bedroom). The house features a spacious living area and an open kitchen and dining area with high ceilings. The bonus room is located off the living room which would make a nice office, and there are three bedrooms and 1.5 baths down the hall after you pass the deep pantry closet. Tile floors throughout most of the house lend to the clean, crisp feel of the home and the windows are mostly high impact glass. There is an expansive deck on the ocean side with a roof top deck to really show off the ocean and sound views. The ground level includes a double carport area, a big workshop, laundry room with tankless water heater, an outdoor shower, and a large low-level party deck. Consider the potential to convert the workshop under the house to additional living area since it has a nice elevation in the X Flood Zone (no flood insurance required). Meander through the back yard to the 12' x 16' garden shed. An ocean access boardwalk to a beautiful, wide beach is just steps away. This ideal location is perfect for a primary home, second home getaway, or to continue as a vacation rental. No rental company contract is currently in place as the owner’s primary used Airbnb when they weren’t enjoying the property. Rental income in 2022 was phenomenal at $63,734 and it is on target to meet or exceed that this year, but there is no obligation to continue its rental status if you want to keep this home all to yourself. Home has multiple offers and a deadline of 12:00 on Monday, August 7 has been set for highest and best offers please.

Last Agent to Sell the Property

Carla Reynolds

NC 12 Realty License #241562 Listed on: 08/03/2023

Co-Listed By

Trafton Reynolds

NC 12 Realty License #265864

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,904

Year Built

  • Built in 1978

Lot Details

  • 9,979 Sq Ft Lot
  • Ocean Front
  • Corner Lot
  • Level Lot
  • Wooded Lot

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 1,346 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Workshop
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher
  • Butcher Block Countertops
  • Corian Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Rooftop Deck
  • Covered Deck
  • Exterior Lighting
  • Storage Shed

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 37

Community Details

Overview

  • Oceanfront Entr Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,904

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box, Coastal
  • Directions: Northern end of Avon where the lots are nice and big. Semi-Ocean Front down Ocean Lane at intersection of Jollie Road.
  • Extras: Ceiling Fan(s), Covered Decks, Outside Lighting, Outside Shower, Smoke Detector(s), Storage Shed, Sun Deck, Roof Top Deck, Outside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Oceanfront Enterprises Sec. 2
  • Headline: Offer deadline@ 12 Monday 8/7
  • Heated Sq Ft: 1346
  • L V T Date: 08/04/2023
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: R-1
  • Deed Book Pg Number: 0345
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C24757
  • Outer Banks Software: Yes
  • Short Term Rental Restrictions: No
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Solid Wood Butcher Block, Corian
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Ensuite, Pantry, Some Windows Treated, Washer Connection
  • Optional Rooms: Office, Workshop
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Off Street, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Board Walk

Lot Info

  • Estimated Lot Sq Ft: 9979
  • Lot Description: Corner, Level, Wooded
  • Lot Number: Lot 37
  • Estimated Lot Size: 0.23
  • Deed Book: 1327

Rental Info

  • Est Annual Rental Income: 63734
  • Estimated Rental Performance: 0.1088
  • Lease Terms: Variable
  • Rental Co: VRBO
  • Rental Cottage Name: Flee to the Sea
  • Rental Contact Name: Rented by homeowner

Building Info

  • Year Built: 1978

Tax Info

  • Year: 2022
  • Taxes: 1904.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Sep 20, 2023
Sold by
Fleeman Jesse D and Fleeman Jamie L
Bought by
Botwright Investments Llc
Seller's Agent
Carla Reynolds
NC 12 Realty
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$565,000
Sold Price
$586,000
Premium/Discount to List
$21,000
3.72%
Views
59
Current Estimated Value
$985,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,412
Avg. Annual Appreciation
24.07%
Original Mortgage
$360,000
Outstanding Balance
$352,365
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$633,047

Purchase Details

Listed on
May 14, 2020
Closed on
Jul 8, 2020
Sold by
Bauer Robert P and Bauer Carol T
Bought by
Fleeman Jesse D and Fleeman Jamie L
Seller's Agent
Carla Reynolds
NC 12 Realty
Buyer's Agent
Catherine Strachan
Brindley Beach Vacations & Sales-Duck
List Price
$299,000
Sold Price
$312,000
Premium/Discount to List
$13,000
4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.77%
Original Mortgage
$280,800
Interest Rate
3.1%
Mortgage Type
New Conventional
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
Botwright Investments Llc $3,516,000 None Listed On Document
Fleeman Jesse D $312,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Botwright Investments Llc $360,000
Previous Owner Fleeman Jesse D $280,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2023 09/22/23 Sold $586,000 +3.7% $435 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $565,000 +81.1% $420 / Sq Ft
07/10/2020 07/10/20 Sold $312,000 +4.3% $232 / Sq Ft View Prior Sale
05/18/2020 05/18/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $299,000 -- $222 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $2,737 $635,200 $304,500 $330,700
2024 $1,904 $302,700 $161,000 $141,700
2023 $1,904 $302,700 $161,000 $141,700
2022 $1,874 $302,700 $161,000 $141,700
2021 $1,844 $302,700 $161,000 $141,700
2020 $1,688 $302,700 $161,000 $141,700
2019 $1,833 $282,400 $181,200 $101,200
2018 $0 $282,400 $181,200 $101,200
2017 $1,833 $282,400 $181,200 $101,200
2016 $1,743 $282,400 $181,200 $101,200
2014 $1,745 $282,400 $181,200 $101,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 123019

Outer Banks Association of REALTORS®

APN: 014059000

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