NOT LISTED FOR SALE

40004 Reef Dr Avon, NC 27915

Estimated Value: $664,000 - $919,000

4 Beds
2.5 Baths
2,116 Sq Ft
$384/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $550,500 $260 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,527/month

146 Days on Market

Highlights

  • Views of a Sound
  • Coastal Architecture
  • Sun or Florida Room
  • Home fronts a sound
  • Cathedral Ceiling
  • Skylights

About This Home

As of January 2021

Whether you are looking for a year-round residence, vacation home or investment opportunity, you owe it to yourself to visit this one-of-a-kind sound front home in Avon! This 4-bedroom, 2-1/2 bath beach home is being sold unfurnished so you can make it your own, but all the appliances convey. Some of the notable features of the propery include spacious sun decks; a free standing fireplace in the living area; an enclosed porch/sunroom; celing fans; skylights and an open balcony/hallway. From the bulkheaded sound front lot that creates a private beach to the incredible views and unique design features, this home is a must see!! Don't let this one get away...come and visit today!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 06/25/2020

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 06/25/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,520

Year Built

  • Built in 1987

Lot Details

  • 0.45 Acre Lot
  • Home fronts a sound
  • Level Lot

Home Design

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

Interior Spaces

  • 2,116 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Sun or Florida Room
  • Views of a Sound

Kitchen

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

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Sun Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,520

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Extras: Ceiling Fan(s), Sun Deck
  • Flood Zone: AE
  • Heated Sq Ft: 2116
  • L V T Date: 06/25/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 0067
  • 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, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Skylight, Wood Fireplace
  • Optional Rooms: Sun/Florida Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 19500
  • Lot Description: Bulkheaded, Level, Water Frontage
  • Lot Number: Lot 1
  • Estimated Lot Size: 0.45
  • Deed Book: 1960

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2019
  • Taxes: 2519.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2021
Sold by
Beidelman Ralph Allen and Beidelman Peggy
Bought by
Trunow Natalie
Current Estimated Value
$811,620

Purchase Details

Listed on
Jun 25, 2020
Closed on
Jan 19, 2021
Sold by
Campbel Margaret Hutchins and Gitomer Richard S
Bought by
Beidelman Ralph Allen
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$675,000
Sold Price
$550,500
Premium/Discount to List
-$124,500
-18.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$400,000
Interest Rate
2.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Trunow Natalie $5,000 None Available
Beidelman Ralph Allen $550,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beidelman Ralph Allen $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2021 01/27/21 Sold $550,500 -8.1% $260 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
08/29/2020 08/29/20 Price Changed $599,000 -11.3% $283 / Sq Ft
06/25/2020 06/25/20 For Sale $675,000 -- $319 / 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 $3,300 $765,800 $357,600 $408,200
2024 $3,132 $497,900 $235,700 $262,200
2023 $3,132 $497,900 $235,700 $262,200
2022 $3,083 $497,900 $235,700 $262,200
2021 $3,033 $497,900 $233,800 $264,100
2020 $2,777 $497,900 $233,800 $264,100
2019 $2,520 $388,200 $226,300 $161,900
2018 $2,520 $388,200 $226,300 $161,900
2017 $2,520 $388,200 $226,300 $161,900
2016 $2,365 $388,200 $226,300 $161,900
2014 $2,365 $388,200 $226,300 $161,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109853

Outer Banks Association of REALTORS®

APN: 026246000