NOT LISTED FOR SALE

40178 Hermolet Rd Avon, NC 27915

Estimated Value: $279,000 - $883,000

0.41 Acres
$1,059,600 Price per Acre
18,000 Sq Ft Lot

Last Sold January 08, 2016

Last sale price $44,000

Est. 895% increase in value since last sale

Current estimated payment $2,353/month

174 Days on Market

Highlights

  • Home fronts a canal
  • Timber
  • Level Lot

About This Lot

As of January 2016

Ready to build? Save money and time as this lot has been cleared, has a recent survey, site evaluation and water meter installed! This private location is just across from the Avon Pier/Beach Klub and many other restaurants and amenities. NCDOT just took over maintenance of Hermolet Road. Adjacent new home is listed for $187,500 (MLS 83804).

Last Agent to Sell the Property

Trafton Reynolds

NC 12 Realty License #265864 Listed on: 06/26/2015

Co-Listed By

Carla Reynolds

NC 12 Realty License #241562

Last Buyer's Agent

Jim Monroe

Outer Banks Realty Group License #274884

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $730

Lot Details

  • 0.41 Acre Lot
  • Home fronts a canal
  • Property fronts a private road
  • Level Lot
  • Property is zoned R-2A

Additional Features

  • Canal Views
  • Timber
  • Municipal Utilities District Water

Community Details

  • Hatteras Colony Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$730

Lot Details

0.41 Acres

Listing Details

  • Class: LOTS/LAND
  • Directions: NC 12 South to Avon, turn right onto Hermolet Road (directly across from Avon Pier).
  • Flood Zone: AE
  • Headline: Ready to Build!
  • Roads: Gravel, Private
  • Sale/Rent: For Sale
  • Section: 9
  • Waterfront Location: Canalfront
  • Zoning: R-2A
  • Timber: Scattered
  • Deed Book Pg Number: 0107
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canal

Utilities

  • Water: Municipal
  • Electric: Available

Lot Info

  • Estimated Lot Sq Ft: 18000
  • Lot Description: Level, Water Frontage
  • Deed Book: 1955
  • Unit/Lot Number: Lot 6

Tax Info

  • Year: 2013
  • Taxes: 729.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2018
Sold by
Gray-Fields Barbara
Bought by
Barbara Gray Fields Lt
Current Estimated Value
$437,851

Purchase Details

Listed on
Jun 26, 2015
Closed on
Jan 8, 2016
Sold by
Haller Development Llc
Bought by
Fields Barbara Gray
Seller's Agent
Trafton Reynolds
NC 12 Realty
Buyer's Agent
Jim Monroe
Outer Banks Realty Group
List Price
$49,900
Sold Price
$44,000
Premium/Discount to List
-$5,900
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.32%

Purchase Details

Closed on
Mar 26, 2014
Sold by
Sailor Stephen R and Sailor Carlene
Bought by
Haller Development Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Barbara Gray Fields Lt -- --
Fields Barbara Gray -- Attorney
Haller Development Llc $90,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2016 01/08/16 Sold $44,000 -11.8% --
12/17/2015 12/17/15 Pending -- -- --
06/26/2015 06/26/15 For Sale $49,900 -- --
Source: Outer Banks Association of REALTORS®

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 $1,203 $279,200 $113,400 $165,800
2024 $1,200 $190,700 $88,200 $102,500
2023 $1,200 $190,700 $88,200 $102,500
2022 $1,181 $190,700 $88,200 $102,500
2021 $1,162 $190,700 $88,200 $102,500
2020 $1,064 $190,700 $88,200 $102,500
2019 $1,035 $159,500 $83,800 $75,700
2018 $0 $159,500 $83,800 $75,700
2017 $661 $101,800 $83,800 $18,000
2016 $510 $83,800 $83,800 $0
2014 $730 $119,800 $119,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 88632

Outer Banks Association of REALTORS®

APN: 013947000

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