NOT LISTED FOR SALE

40025 Reef Dr Avon, NC 27915

Estimated Value: $451,000 - $587,000

0.23 Acres
$2,269,999 Price per Acre
10,000 Sq Ft Lot

Sale Details

Date Sold: May 19, 2017

Last sale price $60,000

Est. 769% increase in value since last sale

Current estimated payment $2,970 / mo

212 Days on Market

Highlights

  • 140 Feet of Waterfront
  • Views of a Sound
  • Corner Lot

About This Lot

As of May 2017

LOVE THIS CORNER CANAL LOT. BIG. NO SURVEY BUT COUNTY HAS IT OVER 10,000S.F. DIMENSIONS TAKEN FROM COUNTY MAP. SUPERB VIEWS OF SOUND. LOCATED IN THE FISHING VILLAGE OF AVON NC.

Last Agent to Sell the Property

Robert Barris

Vacasa North Carolina dba Vacasa - Avon License #105068 Listed on: 09/15/2016

Last Buyer's Agent

Belinda Thomas

All at Sea Realty License #208954

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $687

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 67x129x81x67x201
  • 140 Feet of Waterfront
  • Home fronts a canal
  • Corner Lot
  • Property is zoned R2A

Property Views

  • Views of a Sound
  • Canal Views

Community Details

  • Port Avon Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$687

Lot Details

10,000 Sq Ft Lot

Listing Details

  • Class: LOTS/LAND
  • Directions: NORTH STOP LIGHT IN AVON TURN ON HARBOR RD. TAKE SERPENTINE TRAIL ALL THE WAY PAST AVON HARBOR TO REEF DRIVE. RIGHT ON REEF. LOT AROUND THE CORNER ON LEFT.
  • Flood Zone: VE
  • Subdivision Name: PORT AVON
  • Headline: BIG CANAL LOT WITH SOUND VIEWS
  • L V T Date: 09/15/2016
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Canalfront
  • Zoning: R2A
  • Deed Book Pg Number: 0132
  • Office License Number: C3830
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 67
  • View: Canal, Sound, Salt Marsh
  • Water Frontage: 140

Utilities

  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Sound Access

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Corner, Water Frontage
  • Lot Faces: W
  • Lot Size: 67X129X81X67X201
  • Deed Book: 1358
  • Unit/Lot Number: Lot 17

Tax Info

  • Year: 2015
  • Taxes: 687.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2020
Sold by
Stacey Kathleen P
Bought by
Stacey V George William
Current Estimated Value
$521,120

Purchase Details

Listed on
Sep 15, 2016
Closed on
May 16, 2017
Sold by
Reid Joan O and Reid David C
Bought by
Stacey Kathleen P and Stacey George William
Seller's Agent
Robert Barris
Vacasa North Carolina dba Vacasa - Avon
Buyer's Agent
Belinda Thomas
All at Sea Realty
List Price
$78,000
Sold Price
$60,000
Premium/Discount to List
-$18,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.42%
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
Stacey V George William -- None Available
Stacey Kathleen P -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2017 05/19/17 Sold $60,000 -23.1% --
04/15/2017 04/15/17 Pending -- -- --
09/15/2016 09/15/16 For Sale $78,000 -- --
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 $2,499 $559,600 $120,400 $439,200
2024 $2,231 $341,800 $100,300 $241,500
2023 $2,224 $353,460 $100,300 $253,160
2022 $2,116 $341,800 $100,300 $241,500
2021 $1,337 $219,500 $100,300 $119,200
2020 $695 $124,600 $100,300 $24,300
2016 $687 $112,800 $112,800 $0
2014 $687 $112,800 $112,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 93760

Outer Banks Association of REALTORS®

APN: 014782017

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