NOT LISTED FOR SALE

40169 Cc Gray Rd Avon, NC 27915

Estimated Value: $744,000 - $960,653

4 Beds
3 Baths
2,500 Sq Ft
$336/Sq Ft Est. Value

Last Sold July 19, 2016

Last sale price $340,000 $136 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $4,693/month

33 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Coastal Architecture
  • Central Air
  • Views of a Sound
  • Wood Flooring
  • Wood Siding

About This Home

As of July 2016

The views don't get any better than this! Soundfront in Avon is the perfect place to move or have as a second home. Great layout and nice wrap around porches so you can enjoy the views. Perfect location for kite boarders, windsurfers or kayaks. If you like sunsets, this house is for you.

Last Agent to Sell the Property

Richard Hess

Sun Realty - KDH License #130782 Listed on: 05/05/2016

Last Buyer's Agent

Rick Drumm

Beach Realty & Construction License #141499

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,743

Year Built

  • Built in 2004

Lot Details

  • 0.34 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts a sound

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • Views of a Sound

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,743

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Bank Owned: Yes
  • Directions: NC Hwy 12 to Harbor Rd, turn onto CC Gray Rd & follow to the Sound
  • Heated Sq Ft: 2500
  • L V T Date: 05/06/2016
  • Roads: Public
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: res
  • Deed Book Pg Number: 0312
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Floor Coverings: Carpet, Tile, Vinyl, Wood
  • Full Bathrooms: 3

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Sound
  • Water Frontage: 100

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Water Frontage
  • Lot Number: Lot
  • Deed Book: 1983

Rental Info

  • Other Expenses: 212100

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2015
  • Taxes: 2743

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2016
Closed on
Jul 11, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Maples Michael E and Maples Isabel M
Seller's Agent
Richard Hess
Sun Realty - KDH
Buyer's Agent
Rick Drumm
Beach Realty & Construction
List Price
$324,000
Sold Price
$340,000
Premium/Discount to List
$16,000
4.94%
Current Estimated Value
$839,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,163
Avg. Annual Appreciation
10.02%

Purchase Details

Closed on
Oct 22, 2014
Sold by
Ingle Grady I and Ells Elizabeth B
Bought by
Federal Home Loan Mortgage Corp
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
Maples Michael E -- Attorney
Federal Home Loan Mortgage Corp -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2016 07/19/16 Sold $340,000 +4.9% $136 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $324,000 -- $130 / 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 $3,709 $841,700 $332,800 $508,900
2024 $3,613 $559,300 $219,300 $340,000
2023 $3,604 $572,900 $219,300 $353,600
2022 $3,547 $572,900 $219,300 $353,600
2021 $3,498 $572,900 $219,300 $353,600
2020 $3,195 $572,900 $219,300 $353,600
2019 $2,985 $448,000 $212,100 $235,900
2018 $2,992 $448,000 $212,100 $235,900
2017 $2,985 $448,000 $212,100 $235,900
2016 $2,741 $448,000 $212,100 $235,900
2014 $2,743 $448,000 $212,100 $235,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 92310

Outer Banks Association of REALTORS®

APN: 025333000