NOT LISTED FOR SALE

40013 Reef Dr Avon, NC 27915

Estimated Value: $490,000 - $533,000

3 Beds
3.5 Baths
2,230 Sq Ft
$230/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $275,000 $123 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,865/month

Highlights

  • 18 Feet of Waterfront
  • Coastal Architecture
  • Hydromassage or Jetted Bathtub
  • Views of a Sound
  • Cathedral Ceiling
  • Corner Lot

About This Home

As of May 2016

SUPER CUSTOM CANALFRONT HOME WITH VIEWS OF SOUND, CANAL, AND AVON HARBOR. THIS IS IT. KEEP THE BOAT IN THE BACKYARD AND A VIEW OF THE SOUND OUT FRONT. THIS CUSTOM ONE OF A KIND GARY HARRIS HOME IS A KEEPER. GREAT GARAGE AT GROUND LEVEL. A MID LEVEL 1/2 BATH AND LAUNDRY. THE FULL FIRST LEVEL HAS A LIVING KITCHEN AND DINING ARRANGEMENT AND TWO BEDROOMS AND TWO BATHS. THE 2ND LEVEL EXECUTIVE MASTER IS TOP OF THE LINE. A LARGE COVERED DECK, FULL BATH WITH WHIRLPOOL, GAS FIREPLACE, OFFICE DESK, AND SLEEPING STATION ARE READY FOR YOUR PAMLICO SOUND DREAMS. GET UP EARLY AND VISIT THE SHIP'S WATCH TO SEE IF YOU WANT TO HEAD FOR THE SOUND OR THE BEACH. EASY TO SEE. COMBO LOCK.

Last Agent to Sell the Property

Robert Barris

Vacasa North Carolina dba Vacasa - Avon License #105068 Listed on: 03/14/2016

Last Buyer's Agent

Tom Hranicka

NC 12 Realty License #135133

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,795

Year Built

  • Built in 1988

Lot Details

  • 8,500 Sq Ft Lot
  • Lot Dimensions are 19x92x126x18x145
  • 18 Feet of Waterfront
  • Home fronts a canal
  • Property fronts a private road
  • Fenced Yard
  • Corner Lot
  • Property is zoned R2A

Property Views

  • Views of a Sound
  • Harbor
  • Canal

Home Design

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

Interior Spaces

  • 2,230 Sq Ft Home
  • Central Vacuum
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Washer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Hydromassage or Jetted Bathtub

Parking

  • Garage
  • Carport
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Covered Deck

Utilities

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

Community Details

  • Built by HARRIS
  • Port Avon Subdivision

Listing and Financial Details

  • Tax Lot 18

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,795

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Directions: TURN ON TO HARBOR AT NORTH AVON STOP LIGHT. HARBOR TO LEFT ON MCMULLEN. STRAIGHT TO REEF DR. PORT AVON UP ON LEFT WITH TOWER.
  • Extras: Ceiling Fan(s), Central Vacuum, Covered Decks, Fenced Yard, Jet Tub, Outside Shower
  • Flood Zone: VE
  • Subdivision Name: PORT AVON
  • Headline: CANALFRONT PORT AVON FOR SALE
  • Heated Sq Ft: 2230
  • L V T Date: 03/14/2016
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Canalfront
  • Zoning: R2A
  • Deed Book Pg Number: 0132
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Bedroom 1: XLG, On Level: 2
  • Bedroom 2: GOOD, On Level: 1
  • Bedroom 3: GOOD, On Level: 1
  • Kitchen: COMBO, On Level: 1
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Cedar Closet(s), Gas Fireplace, Ensuite, Washer Connection
  • Dining Room: COMBO, On Level: 1
  • Living Room: COMBO, On Level: 1
  • Optional Rooms: Office, Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: HARRIS
  • Construction: Frame, Wood
  • Covered Deck Size: YES
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 111
  • Sun Deck Size: PLENTY
  • View: Canal, Harbor, Sound
  • Water Frontage: 18

Garage/Parking

  • Garage: 2 Car, Attached
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Sound Access

Lot Info

  • Estimated Lot Sq Ft: 8500
  • Lot Description: Corner, Easement(s), Water Frontage
  • Lot Faces: W
  • Lot Size: 19X92X126X18X145
  • Lot Number: Lot 18
  • Deed Book: 1358

Rental Info

  • Lease Terms: Weekly
  • Other Expenses: 103300
  • Rental Co: Vacasa - Hatteras
  • Rental Cottage Name: PORT AVON
  • Rental Cottage Number: 18PA
  • Rental Phone Number: 800-428-8372
  • Rental Turnover Day: SUNDAY

Building Info

  • Year Built: 1988

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2015
  • Taxes: 1795

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
May 18, 2016
Sold by
Reid Joan O and Reid David C
Bought by
Black Richard L and Black Teresa H
Seller's Agent
Robert Barris
Vacasa North Carolina dba Vacasa - Avon
Buyer's Agent
Tom Hranicka
NC 12 Realty
List Price
$287,000
Sold Price
$275,000
Premium/Discount to List
-$12,000
-4.18%
Current Estimated Value
$513,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,537
Avg. Annual Appreciation
6.71%
Original Mortgage
$210,000
Outstanding Balance
$166,792
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$346,745
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Black Richard L $275,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Richard L $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2016 05/20/16 Sold $275,000 -4.2% $123 / Sq Ft
03/14/2016 03/14/16 For Sale $287,000 -- $129 / Sq Ft
01/06/2016 01/06/16 Pending -- -- --
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 $2,179 $452,800 $110,200 $342,600
2024 $2,413 $330,600 $91,900 $238,700
2023 $1,324 $383,602 $91,900 $291,702
2022 $2,082 $336,281 $91,900 $244,381
2021 $2,048 $336,302 $91,900 $244,402
2020 $1,877 $336,478 $91,900 $244,578
2019 $1,893 $285,500 $103,300 $182,200
2018 $0 $285,500 $103,300 $182,200
2017 $1,853 $285,500 $103,300 $182,200
2016 $1,794 $285,500 $103,300 $182,200
2014 $1,794 $285,500 $103,300 $182,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 91543

Outer Banks Association of REALTORS®

APN: 014782000