NOT LISTED FOR SALE

40186 Cutty Sark Dr Avon, NC 27915

Avon Area

Estimated Value: $922,000 - $1,264,000

7 Beds
8.5 Baths
3,658 Sq Ft
$297/Sq Ft Est. Value

Sale Details

Date Sold: January 26, 2017

Last sale price $530,000 $145 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $6,356 / mo

2 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Second Refrigerator
  • Home Theater
  • 23,871 Sq Ft lot
  • Coastal Architecture

About This Home

As of January 2017

This grand home has all the bells and whistles that will keep guest coming back year after year. Located on a private cul-de-sac, your arrival is easy as you stepping in via the dry entry and unloading your bags and groceries into the elevator. Unwind in the game room with pool table and wet bar with refrigerator, dishwasher, ice machine and microwave. Step outside to the sparkling swimming pool, cabana full bath and soothing 8-person hot tub inside the screened Tiki bar. Chase the stress away with your favorite movie in the media room with surround sound. This level also has two bedrooms: a queen master bedroom and a bunk bedroom with semi-private bath. Sweet dreams abound on the second level with four master bedrooms, two queen masters, one bunk master and one king master with handicap friendly features. The top level is truly grand with a king master suite featuring elegant architectural details, direct deck access and bathroom with double vanity, separate shower and a luxurious Jacuzzi tub. The dramatic vaulted ceilings of the great room extend all the way to the spacious kitchen with breakfast bar and dining area. Step outside to the deck for after dinner drinks in the fresh sea air. Just beyond the powder room is a cozy alcove perfect for enjoying your favorite novel with doors that open to the covered front porch with expansive water views.

Last Agent to Sell the Property

Rob Petty

Outer Banks Home Group License #224417 Listed on: 12/19/2016

Last Buyer's Agent

Misty Gillikin

RE/MAX Coastal Associates - Outer Banks License #252438

RE/MAX Coastal Associates - Outer Banks

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,863

Year Built

  • Built in 2005

Lot Details

  • 23,871 Sq Ft Lot
  • Lot Dimensions are 322 x 75 x 315 x 75
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • Paved Parking

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,658 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Home Theater
  • Game Room

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Fiberglass Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Community Details

  • Cutty Sark Subdivision

Listing and Financial Details

  • Tax Lot 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,863

Year Built

Built in 2005

Lot Details

0.55 Acres

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Hwy 12 to Avon, turn onto Cutty Sark Drive, house on the left
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Sun Deck, Dry Entry
  • Flood Zone: AE
  • Subdivision Name: Cutty Sark Subdivision
  • Headline: Pool, Elevator & 6 Masters
  • Heated Sq Ft: 3658
  • L V T Date: 01/24/2017
  • Roads: Paved
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 0225
  • Office License Number: C7816
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 7
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Pantry, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Home Theater, Media Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 75
  • View: Ocean, Sound

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 50
  • Home Owner Dwelling Insurance: 4516

Lot Info

  • Estimated Lot Sq Ft: 23871
  • Lot Description: Cul-de-sac, Level
  • Lot Faces: W
  • Lot Size: 322 x 75 x 315 x 75
  • Lot Number: Lot 5
  • Deed Book: 1831

Rental Info

  • Flood Expenses: 492
  • Lease Terms: Weekly
  • Maintenance Expenses: 3155
  • Other Expenses: 158
  • Other Expenses2: 675
  • Other Expenses3: 260
  • Poolspa Expense: 5024
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Scotch Retreat
  • Rental Cottage Number: 687
  • Rental Phone Number: 252-987-1444
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1501
  • Annual Electric: 7964
  • Annual Telephone Expense: 492
  • Annual Water Expense: 2101

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2015
  • Taxes: 3863

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2016
Closed on
Jan 25, 2017
Sold by
Bought by
Seller's Agent
Rob Petty
Outer Banks Home Group
Buyer's Agent
Misty Gillikin
RE/MAX Coastal Associates - Outer Banks
List Price
$589,000
Sold Price
$530,000
Premium/Discount to List
-$59,000
-10.02%
Current Estimated Value
$1,085,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,031
Avg. Annual Appreciation
7.82%
Original Mortgage
$416,000
Outstanding Balance
$337,253
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$747,778

Purchase Details

Closed on
Mar 29, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 12, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2008
Sold by
Bought by

Purchase Details

Closed on
May 19, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
9.28%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 17, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,180
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Avon, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$530,000 None Available
-- None Available
$500,000 None Available
$1,196,032 None Available
$1,250,000 None Available
$202,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $416,000
Previous Owner $500,000
Previous Owner $1,125,000
Previous Owner $182,180
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/26/2017 01/26/17 Sold $530,000 -10.0% $145 / Sq Ft
12/21/2016 12/21/16 Pending -- -- --
12/19/2016 12/19/16 For Sale $589,000 -- $161 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,798 $1,073,600 $104,900 $968,700
2024 $3,925 $602,000 $54,700 $547,300
2023 $3,925 $623,892 $54,700 $569,192
2022 $3,863 $623,892 $54,700 $569,192
2021 $3,800 $623,892 $54,700 $569,192
2020 $3,479 $623,892 $54,700 $569,192
2019 $4,117 $606,600 $52,000 $554,600
2018 $4,117 $606,600 $52,000 $554,600
2017 $4,117 $606,600 $52,000 $554,600
2016 $3,864 $606,600 $52,000 $554,600
2014 $3,864 $606,600 $52,000 $554,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 94943

Outer Banks Association of REALTORS®

APN: 017414006

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