NOT LISTED FOR SALE

40076 Marlin Dr Avon, NC 27915

Estimated Value: $448,000 - $2,100,000

3 Beds
2 Baths
1,120 Sq Ft
$789/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $495,000 $442 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,149/month

43 Days on Market

Highlights

  • Saltbox Architecture
  • Screened Porch
  • Ceiling Fan
  • Furnished
  • Central Heating and Cooling System
  • Sun Deck

About This Home

As of June 2023

Welcome to FROLICKING SEAWARD, an inviting three-bedroom/two-bath home that captures the essence of a relaxed beach lifestyle. As soon as you step inside, you'll be captivated by the charming ambiance of this delightful vacation home. The ground level features an outdoor shower and a fenced-in dog run. On the first level, a queen master bedroom with an adjoining full bath offers direct access to the back deck, where you can relax and soak up the gentle ocean breezes. The first level also boasts a bright and airy great room, featuring comfortable furnishings and a wall-mounted TV. The nicely equipped kitchen is ideal for preparing meals that the whole family can enjoy at the eight-person farm table. Alternatively, dine outside on the screened-in porch at the picnic table, where you can savor your meal while enjoying the natural surroundings. On the top level, two more bedrooms await you, including one with a queen bed and another with two sets of single bunks that share a Jack-and-Jill bathroom. From the deck on this level, you can enjoy ocean views. FROLICKING SEAWARD also boasts deeded beach access and is conveniently located just a short five-minute walk from the beach, allowing you to indulge in the sand, sun, and surf to your heart's content. Additionally, the home is only a few minutes away from Avon's fishing pier, shops, and restaurants, making it easy to enjoy everything this charming town has to offer. Avon, NC is a fantastic destination that offers something for everyone. From the pristine beaches to the many attractions and activities, there's never a shortage of things to see and do. Whether you're in the mood for a leisurely stroll around town or a delicious seafood dinner, Avon has it all. Don't miss out on the opportunity to create unforgettable memories in this idyllic beach community. Boasting over 33K in rental for 2022!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 04/02/2023

Co-Listed By

Michael Milteer

Midgett Realty - Rodanthe License #309421

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 04/02/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,519

Year Built

  • Built in 1987

Lot Details

  • 6,500 Sq Ft Lot
  • Level Lot

Home Design

  • Saltbox Architecture
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,120 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Screened Porch
  • Stacked Washer and Dryer

Kitchen

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

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

Community Details

  • Hatteras Colony Subdivision

Listing and Financial Details

  • Tax Lot 150

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,519

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Saltbox
  • Extras: Ceiling Fan(s), Screened Porch, Sun Deck
  • Flood Zone: Shaded X
  • Heated Sq Ft: 1120
  • L V T Date: 04/02/2023
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: R-1
  • Deed Book Pg Number: 0500
  • 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, Microwave, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Electric Fireplace

Exterior Features

  • Construction: Wood
  • Exterior: Lap Siding
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 6500
  • Lot Description: Level
  • Lot Number: Lot 150
  • Estimated Lot Size: 0.15
  • Deed Book: 2667

Rental Info

  • Est Annual Rental Income: 33671
  • Estimated Rental Performance: 0.068
  • Lease Terms: Weekly
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Frolicking Seaward
  • Rental Cottage Number: 1107
  • Rental Phone Number: 252-995-5801
  • Rental Turnover Day: Flex
  • Rental Contact Email: kimberley@surforsound.com
  • Rental Contact Name: Kimberley Hutton
  • Rental Contact Phone: 252-995-5801

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2022
  • Taxes: 1519

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
Jun 6, 2023
Sold by
Frack Julie L
Bought by
Kocherlakota Prashanthi and Kocherlakota Raj
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$499,999
Sold Price
$495,000
Premium/Discount to List
-$4,999
-1%
Views
223
Current Estimated Value
$951,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,262
Avg. Annual Appreciation
25.72%
Original Mortgage
$445,500
Outstanding Balance
$433,112
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$450,222

Purchase Details

Closed on
Feb 21, 2023
Sold by
Frack Michael J
Bought by
Frack Julie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2019
Sold by
Wuagon Stanley S and Wuagon Janet C
Bought by
Frack Michael J and Frack Julie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,910
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Kocherlakota Prashanthi $2,970,000 None Listed On Document
Frack Julie L -- --
Frack Michael J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kocherlakota Prashanthi $445,500
Previous Owner Frack Julie L $195,000
Previous Owner Frack Michael J $206,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $495,000 -1.0% $442 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
04/02/2023 04/02/23 For Sale $499,999 -- $446 / 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 $2,160 $485,700 $110,000 $375,700
2024 $1,544 $238,600 $82,500 $156,100
2023 $1,540 $244,844 $82,500 $162,344
2022 $1,516 $244,844 $82,500 $162,344
2021 $1,491 $244,844 $82,500 $162,344
2020 $1,366 $244,844 $82,500 $162,344
2019 $1,223 $183,200 $79,700 $103,500
2018 $1,223 $183,200 $79,700 $103,500
2017 $1,223 $183,200 $79,700 $103,500
2016 $1,147 $183,200 $79,700 $103,500
2014 $1,147 $183,200 $79,700 $103,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 121853

Outer Banks Association of REALTORS®

APN: 013534000