NOT LISTED FOR SALE

40090 Reef Dr Avon, NC 27915

Estimated Value: $620,000 - $761,000

4 Beds
3 Baths
1,800 Sq Ft
$381/Sq Ft Est. Value

Last Sold January 08, 2014

Last sale price $375,000 $208 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,006/month

422 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Boat Dock
  • Furnished
  • Ocean View
  • Cathedral Ceiling
  • Cul-De-Sac

About This Home

As of January 2014

POSSIBLY THE TOP WATERSPORTS LOCATION ON THE OBX. SWEET LAUNCH FOR THE KAYAKS, WINDSURFERS, AND KITES. KIDS CAN FISH AND CRAB OFF THE BULKHEAD OR RELAX IN THIS SUPER CHILDER'S BUILT RESORT HOME. GREAT VACATION FLOOR PLAN. LARGE LOCKING STORAGE AREA. STRONG RENTAL HISTORY. $30K IN 2008. QUIET LOCATION IN PORT AVON SUB. IF THE PAMLICO SOUND IS YOUR THING..."SOFT SPOT" SHOULD BE YOUR HOUSE.

Last Agent to Sell the Property

Robert Barris

Vacasa North Carolina dba Vacasa - Avon License #105068 Listed on: 07/25/2012

Last Buyer's Agent

Dottie Reed

NC 12 Realty License #189956

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,235

Year Built

  • Built in 1998

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 66x190x84x185
  • 75 Feet of Waterfront
  • Home fronts a sound
  • Cul-De-Sac
  • Property is zoned R2A

Property Views

  • Ocean
  • Views of a Sound
  • Harbor
  • Canal

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot #5

Community Details

Overview

  • Built by CHILDERS CONSTRUCTION
  • Port Avon Subdivision

Recreation

  • Boat Dock
  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,235

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: TURN ONTO HARBOR RD AT LIGHT. FOLLOW PAST HARBOR TO A RIGHT ON REEF. GRAY HOUSE DOWN ON RIGHT.
  • Extras: Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Smoke Detector(s), Sun Deck
  • Flood Zone: VE
  • Subdivision Name: PORT AVON
  • Headline: YOUR WATERSPORTS HEADQUARTERS.
  • Heated Sq Ft: 1800
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: R2A
  • Deed Book Pg Number: 0415
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Bedroom 1: GOOD, On Level: 2
  • Bedroom 2: GOOD, On Level: 1
  • Bedroom 3: GOOD, On Level: 1
  • Bedroom 4: GOOD, On Level: 1
  • Kitchen: COMBO, On Level: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s)
  • Dining Room: COMBO, On Level: 2
  • Living Room: COMBO, On Level: 2
  • Optional Rooms: Utility Room

Exterior Features

  • Homebuilder: CHILDERS CONSTRUCTION
  • Construction: Frame, Wood
  • Covered Deck Size: PLENTY
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 66
  • Sun Deck Size: BIG
  • View: Canal, Harbor, Ocean, Sound, Salt Marsh
  • Water Frontage: 75

Garage/Parking

  • Garage: Carport

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Boat Ramp, Sound Access

Lot Info

  • Estimated Lot Sq Ft: 11500
  • Lot Description: Bulkheaded, Cul-de-sac, Water Frontage
  • Lot Faces: E
  • Lot Size: 66X190X84X185
  • Lot Number: Lot #5
  • Deed Book: 1160

Rental Info

  • Est Annual Rental Income: 30000
  • Estimated Rental Performance: 0.08
  • Lease Terms: Weekly
  • Other Expenses: 341300
  • Rental Co: Vacasa - Hatteras
  • Rental Cottage Name: SOFT SPOT
  • Rental Cottage Number: 5 PA
  • Rental Phone Number: 252-995-5466
  • Rental Turnover Day: SAT

Building Info

  • Year Built: 1998

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 2235

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2012
Closed on
Dec 3, 2013
Sold by
Weiner Jonathan J
Bought by
Hoffmann Garrett B and Nelson Michele J
Seller's Agent
Robert Barris
Vacasa North Carolina dba Vacasa - Avon
Buyer's Agent
Dottie Reed
NC 12 Realty
List Price
$450,000
Sold Price
$375,000
Premium/Discount to List
-$75,000
-16.67%
Current Estimated Value
$717,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,621
Avg. Annual Appreciation
5.15%
Original Mortgage
$187,500
Outstanding Balance
$139,939
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$545,160

Purchase Details

Closed on
May 18, 2010
Sold by
Livingston Elizabeth G
Bought by
Weiner Jonathan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,250
Interest Rate
4.97%
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
Hoffmann Garrett B $375,000 None Available
Weiner Jonathan J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffmann Garrett B $187,500
Previous Owner Weiner Jonathan J $314,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2014 01/08/14 Sold $375,000 -16.7% $208 / Sq Ft
09/20/2013 09/20/13 Pending -- -- --
07/25/2012 07/25/12 For Sale $450,000 -- $250 / 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 $3,051 $691,500 $291,400 $400,100
2024 $2,750 $426,800 $192,100 $234,700
2023 $2,744 $436,188 $192,100 $244,088
2022 $2,700 $436,188 $192,100 $244,088
2021 $2,663 $436,188 $192,100 $244,088
2020 $2,433 $436,188 $192,100 $244,088
2019 $2,472 $371,700 $189,100 $182,600
2018 $2,398 $360,900 $189,100 $171,800
2017 $2,587 $387,700 $189,100 $198,600
2016 $2,422 $387,700 $189,100 $198,600
2014 $2,422 $387,700 $189,100 $198,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Robert Barris

    Vacasa North Carolina dba Vacasa - Avon

    Section Image
  • Dottie Reed

    Buyer's Agent in 2014

    Dottie Reed

    NC 12 Realty

    (252) 305-1572

    14 in this area

    33 Total Sales

    Dottie Reed
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 75710

Outer Banks Association of REALTORS®

APN: 014776005

North Carolina Dare County Avon

40090 Reef Dr, Avon, NC

Not Listed for Sale

Detached

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