NOT LISTED FOR SALE

40099 Reef Dr Avon, NC 27915

Avon Neighborhood

Estimated Value: $571,000 - $643,000

3 Beds
2 Baths
1,938 Sq Ft
$313/Sq Ft Est. Value

Last Sold April 10, 2016

Last sale price $314,000 $162 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,477/month

18 Days on Market

Highlights

  • 168 Feet of Waterfront
  • Views of a Sound
  • Cathedral Ceiling
  • Private Dock
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of April 2016

SUPER CANALFRONT "DRAGON'S LAIR" HAS THAT SPECIAL SOMETHING. LOCATED ON THE REEF DR CUL DE SAC "DL" HAS A CANAL CORNER WITH 167' OF WATERFRONT. THE PAMLICO SOUND IS JUST A SHORT JOG AWAY IN A SMALL BOAT. FISH, WINDSURF, KAYAK, CRAB FROM YOUR BACKYARD. YOU CAN ENTER "DL" FROM A DRY ENTRY FROM THE GARAGE. LOTS OF STORAGE AREA FOR YOUR WATER TOYS. THE SELLERS HAVE TAKEN THE INTERIOR OF "DL" UP A NOTCH. WARM WOOD FLOORS, WALLS AND CEILINGS BASK "DL" IN A GREAT GLOW. TURN ON THE GAS FIREPLACE. RENTERS LOVE THE DRAGONS LAIR BUT THIS IS A HOUSE YOU COULD LIVE IN YEAR ROUND. THE SELLER LIVED A WONDERFUL LIFE HERE FOR YEARS. A PREDOMINANTLY SOUTHERN EXPOSURE PROVIDES A BIT OF EXTRA WARMTH AND PLENTY OF NATURAL LIGHT. "DL" HAS SUNDECKS AND A SCREENED PORCH. THE BEDROOMS AND BATHS ARE NOT YOUR STANDARD RENTAL FARE. ONE LOOK AND IT WILL WIN YOU OVER. PREVIEW BEAUTIFUL DRAGON'S LAIR ON YOUR NEXT HATTERAS VISIT.

Last Agent to Sell the Property

Robert Barris

Vacasa North Carolina dba Vacasa - Avon License #105068 Listed on: 02/18/2016

Last Buyer's Agent

Hugh Willey

Sun Realty - KDH License #238260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,845

Year Built

  • Built in 1987

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 20x183x87x81x103x68
  • 168 Feet of Waterfront
  • Home fronts a canal
  • Cul-De-Sac
  • Corner Lot
  • Property is zoned R2A

Property Views

  • Views of a Sound
  • Canal Views

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,938 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Workshop
  • Screened Porch

Kitchen

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

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Private Dock
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Port Avon Subdivision

Listing and Financial Details

  • Tax Lot 11

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,845

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Cape Cod
  • Directions: TURN TO SOUND (WEST) AT NORTH STOPLIGHT IN AVON. HARBOR RD FOR ABOUT A MILE (PAST HARBOR) TO REEF DR. DRAGON'S LAIR IS ALL THE WAY IN CUL DE SAC ON LEFT.
  • Extras: Ceiling Fan(s), Outside Lighting, Outside Shower, Screened Porch, Whirlpool/Spa, Boat Dock, Dry Entry
  • Flood Zone: VE
  • Subdivision Name: PORT AVON
  • Headline: AVON WATERFRONT DRAGON'S LAIR
  • Heated Sq Ft: 1938
  • L V T Date: 02/18/2016
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Canalfront
  • Zoning: R2A
  • Deed Book Pg Number: 0225
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Bedroom 1: LG, On Level: 1
  • Bedroom 2: LG, On Level: 2
  • Bedroom 3: LG, On Level: 2
  • Kitchen: LG COMBO, On Level: 1
  • Countertops: Laminate
  • Floor Coverings: Ceramic Tile, Wood, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Beamed Ceiling(s), Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite
  • Dining Room: LG COMBO, On Level: 1
  • Living Room: LG COMBO, On Level: 1
  • Optional Rooms: Workshop

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 20
  • Sun Deck Size: YES
  • View: Canal, Sound, Salt Marsh
  • Water Frontage: 168

Garage/Parking

  • Garage: 1 Car
  • Parking: Off Street, Unpaved

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 12000
  • Lot Description: Bulkheaded, Corner, Cul-de-sac, Water Frontage
  • Lot Faces: W
  • Lot Size: 20x183x87x81x103x68
  • Lot Number: Lot 11
  • Deed Book: 0757

Rental Info

  • Lease Terms: Weekly
  • Other Expenses: 110600
  • Rental Co: Vacasa - Hatteras
  • Rental Cottage Name: DRAGON'S LAIR
  • Rental Cottage Number: 11PA
  • Rental Phone Number: 800-428-8372
  • Rental Turnover Day: SUN

Building Info

  • Year Built: 1987

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2015
  • Taxes: 1845

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2016
Closed on
May 3, 2016
Sold by
Mills Carol P
Bought by
Welling Roger R and Welling Patricia J
Seller's Agent
Robert Barris
Vacasa North Carolina dba Vacasa - Avon
Buyer's Agent
Hugh Willey
Sun Realty - KDH
List Price
$319,000
Sold Price
$314,000
Premium/Discount to List
-$5,000
-1.57%
Current Estimated Value
$606,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,338
Avg. Annual Appreciation
7.25%
Original Mortgage
$251,200
Outstanding Balance
$200,533
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$405,805
Source: Public Records

Range of Values:

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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
Welling Roger R $314,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welling Roger R $251,200
Previous Owner Mills Carol P $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2016 04/10/16 Sold $314,000 -1.6% $162 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $319,000 -- $165 / 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
2024 $2,385 $367,300 $98,400 $268,900
2023 $2,378 $378,056 $98,400 $279,656
2022 $2,341 $378,056 $98,400 $279,656
2021 $2,309 $378,056 $98,400 $279,656
2020 $2,108 $378,056 $98,400 $279,656
2019 $1,967 $293,800 $110,600 $183,200
2018 $1,972 $293,800 $110,600 $183,200
2017 $1,967 $293,800 $110,600 $183,200
2016 $1,845 $293,800 $110,600 $183,200
2014 $1,790 $293,800 $110,600 $183,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Robert Barris

    Vacasa North Carolina dba Vacasa - Avon

    Section Image
  • Hugh Willey

    Buyer's Agent in 2016

    Hugh Willey

    Sun Realty - KDH

    (252) 489-8491

    3 in this area

    78 Total Sales

    Hugh Willey
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 91215

Outer Banks Association of REALTORS®

APN: 014778000

North Carolina Dare County Avon Avon

40099 Reef Dr, Avon, NC

This home is located at 40099 Reef Dr, Avon, NC 27915 since 18 February 2016 and is currently estimated at $606,338, approximately $312 per square foot. This property was built in 1987. 40099 Reef Dr is a home located in Dare County with nearby schools including Cape Hatteras Elementary School and Cape Hatteras Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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