Seller's Agent in 2023
Trisha Midgett
Midgett Realty - Rodanthe
(252) 996-0124
254 in this area
1,258 Total Sales
40100 Reef Dr Avon, NC 27915
Avon NeighborhoodEstimated Value: $400,000 - $604,000
4
Beds
2
Baths
1,152
Sq Ft
$434/Sq Ft
Est. Value
Highlights
- Private Dock
- Home fronts a sound
- Cul-De-Sac
- Views of a Sound
- Screened Porch
- Outdoor Shower
About This Home
As of February 2023What a SOUND investment this is!! Waterfront property in Avon! Whether you are looking for a year round residence, vacation home, rental cottage pr long term investment opportunity, you do NOT want to miss this chance to own your coveted piece of Hatteras Island. This 4-bedroom, 2 full bath house is located at the end of a quiet cul-de-sac. The LARGE 15,000 square foot corner lot is bulkheaded and includes a 28' boat slip. Kayaking, swimming, fishing, crabbing, bird watching, windsurfing and kiting are all conveniently available at your front door. Shopping, dining and entertainment are all just minutes away! The unique, unobstructed views are outstanding. Put your feet up, relax and enjoy the absolutely spectacular sunsets...PRICELESS!! To make this opportunity even more attractive, the adjacent 9,500 square foot bulkheaded lot (Lot 7) is currently for sale by the same owner, offering equally incredible views and the added opportunity to own a HUGE gorgeous soundfront property. While currently utilized as a primary residence with this amazing location, this property could also be a solid rental performer...in fact our rental projection (see Associated Documents) shows rents of more than $53K!! This is truly a rare chance that you do NOT want to miss...come and visit today!!
Last Agent to Sell the Property
Midgett Realty - Rodanthe License #162204 Listed on: 09/20/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,970
Year Built
- Built in 1984
Lot Details
- 0.34 Acre Lot
- Home fronts a sound
- Cul-De-Sac
- Level Lot
- Property is zoned R-2A
Home Design
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Modular or Manufactured Materials
- Piling Construction
Interior Spaces
- 1,152 Sq Ft Home
- Ceiling Fan
- Screened Porch
- Tile Flooring
- Views of a Sound
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Unpaved Parking
- Off-Street Parking
Outdoor Features
- Outdoor Shower
- Sun Deck
- Private Dock
- Storage Shed
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
Community Details
- Port Avon Subdivision
Listing and Financial Details
- Tax Lot 7
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2022
Closed on
Feb 6, 2023
Sold by
Fenich Mary Lee
Bought by
Port Avon Llc
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Misty Gillikin
ROG OBX, Inc
List Price
$499,000
Sold Price
$400,000
Premium/Discount to List
-$99,000
-19.84%
Views
95
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,447
Avg. Annual Appreciation
9.06%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Port Avon Llc | $2,000,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2023 02/14/23 | Sold | $400,000 | -11.1% | $347 / Sq Ft |
| 01/10/2023 01/10/23 | Pending | -- | -- | -- |
| 01/03/2023 01/03/23 | Price Changed | $450,000 | -5.3% | $391 / Sq Ft |
| 11/12/2022 11/12/22 | Price Changed | $475,000 | -4.8% | $412 / Sq Ft |
| 09/20/2022 09/20/22 | For Sale | $499,000 | -- | $433 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $2,002 | $318,200 | $217,500 | $100,700 |
| 2023 | $2,002 | $318,200 | $217,500 | $100,700 |
| 2022 | $1,970 | $318,200 | $217,500 | $100,700 |
| 2021 | $1,938 | $318,200 | $217,500 | $100,700 |
| 2020 | $1,775 | $318,200 | $217,500 | $100,700 |
| 2019 | $1,838 | $283,200 | $212,100 | $71,100 |
| 2018 | $1,838 | $283,200 | $212,100 | $71,100 |
| 2017 | $1,838 | $283,200 | $212,100 | $71,100 |
| 2016 | $1,725 | $283,200 | $212,100 | $71,100 |
| 2014 | $1,725 | $283,200 | $212,100 | $71,100 |
Source: Public Records
Agents Affiliated with this Home
-
Trisha Midgett
-
Misty Gillikin
Buyer's Agent in 2023
Misty Gillikin
ROG OBX, Inc
(757) 575-2172
24 in this area
54 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 120395
APN: 029578000
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.
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Information is deemed reliable but not guaranteed.
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