NOT LISTED FOR SALE

40244 Dune Way Avon, NC 27915

Avon Neighborhood

Estimated Value: $881,000 - $908,000

4 Beds
7 Baths
2,516 Sq Ft
$355/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $719,000 $286 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,367/month

3 Days on Market

Highlights

  • Ocean View
  • Cabana
  • Second Refrigerator
  • Beach Access
  • Rooftop Deck
  • Dumbwaiter

About This Home

As of July 2021

Whether you are looking for a year-round residence, vacation home or investment opportunity, look no further than "Dune Castle". This home truly has everything you could wish for...and more!! This beautifully decorated and maintained 4 bedroom (all are masters!), 4 full bath and 3 half bath home on a cul-de-sac in the Kinnakeet Dunes subdivision in Avon is just steps from the beach via the community boardwalk and minutes from all the shopping, dining and entertainment that the village of Avon has to offer. This is the perfect location! And this is the perfect property....the nearly endless amenities this home has to offer begin outdoors - paved off street parking; double driveways; incredible pool with cabana bath and tiki bar; fire pit; a ramped custom built storage shed that matches the house; cargolift; and TONS of sun and shaded seating...you will feel as if you own your own resort! Move indoors and the amenities continue...game room with a kitchenette featuring a full refrigerator, dishwasher, microwave and toaster oven; four LARGE master bedrooms; covered decks; sun decks; open great room with cathedral ceilings and unique ceiling fans; well equipped kitchen with breakfast bar and pantry; screened porch; roof top deck; and incredible views in all directions! This home truly has it all...no wonder this is such a solid rental performer with more than $74K already on the books for 2021!! This is one you do NOT want to miss!! Get ready to feel like royalty...come and visit "Dune Castle" today!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 05/13/2021

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 05/13/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,841

Year Built

  • Built in 2004

Lot Details

  • 8,500 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Level Lot

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 2,516 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Game Room
  • Screened Porch
  • Ocean Views

Kitchen

  • Dumbwaiter
  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Second Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Cabana
  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Rooftop Deck
  • Covered Deck
  • Exterior Lighting
  • Tiki or Chickee Hut
  • Storage Shed

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Community Details

  • Kinnakeet Dunes Subdivision

Listing and Financial Details

  • Tax Lot 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,841

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Extras: Beach Access, Cabana, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Screened Porch, Storage Shed, Sun Deck, Dumbwaiter/Lift, Tiki Bar, Roof Top Deck
  • Flood Zone: Shaded X
  • Heated Sq Ft: 2516
  • L V T Date: 05/13/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Advertised Income 2020: 70820
  • Advertised Income 2021: 74462
  • Deed Book Pg Number: 0349
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0569
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Ensuite, Pantry, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 3

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 8500
  • Lot Description: Cul-de-sac, Level
  • Lot Number: Lot14
  • Estimated Lot Size: 0.20
  • Deed Book: 1579

Rental Info

  • Est Annual Rental Income: 64060
  • Estimated Rental Performance: 0.0891
  • Lease Terms: Weekly
  • Rental Co: Sun Realty
  • Rental Cottage Name: Dune Castle
  • Rental Cottage Number: KSD-14
  • Rental Turnover Day: Saturday
  • Rental Contact Email: tinaoneal@sunrealtync.com
  • Rental Contact Name: Tina O'Neal

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2020
  • Taxes: 2841

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 29, 2021
Sold by
Sutton Charlie Eugene and Sutton Sandra L
Bought by
Proper Timothy M and Proper Trisha T
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$719,000
Sold Price
$719,000
Total Days on Market
3
Current Estimated Value
$893,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,261
Avg. Annual Appreciation
5.78%
Original Mortgage
$400,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Proper Timothy M $719,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Proper Timothy M $400,000
Closed Proper Timothy M $400,000
Previous Owner Sutton Charlie $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $719,000 0.0% $286 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $719,000 -- $286 / 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 $4,224 $494,800 $129,500 $365,300
2023 $4,224 $509,412 $129,500 $379,912
2022 $4,173 $509,412 $129,500 $379,912
2021 $4,122 $509,412 $129,500 $379,912
2020 $2,841 $509,412 $129,500 $379,912
2019 $2,972 $442,100 $127,500 $314,600
2018 $2,972 $442,100 $127,500 $314,600
2017 $2,972 $442,100 $127,500 $314,600
2016 $2,789 $442,100 $127,500 $314,600
2014 -- $442,100 $127,500 $314,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114373

Outer Banks Association of REALTORS®

APN: 029569000