NOT LISTED FOR SALE

40246 Croaker Ct Avon, NC 27915

Estimated Value: $500,000 - $631,779

0.18 Acre
$3,256,639 Price per Acre
8,000 Sq Ft Lot

Last Sold January 25, 2022

Last sale price $85,000

Est. 590% increase in value since last sale

Current estimated payment $3,356/month

45 Days on Market

Highlights

  • Wooded Lot
  • Timber
  • Level Lot

About This Lot

As of January 2022

Located in the heart of Avon. Close to the beach, shopping, restaurants, Avon fishing Pier. New bike/walking sidewalk. A great location to build your perfect second home or investment property!!! Lot Has Water Tap Included!!

Last Agent to Sell the Property

John Lettieri

Sun Realty - Avon License #302850 Listed on: 09/30/2021

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $930

Lot Details

  • 8,000 Sq Ft Lot
  • Level Lot
  • Wooded Lot

Additional Features

  • Timber
  • Municipal Utilities District Water

Community Details

  • Hatteras Colony Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$930

Lot Details

8,000 Sq Ft Lot

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: AE, X
  • Headline: CLOSE TO THE BEACH
  • L V T Date: 09/30/2021
  • Roads: Gravel, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: R-1
  • Timber: Light
  • Deed Book Pg Number: 0467
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3211
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 8000
  • Lot Description: Level, Wooded
  • Estimated Lot Size: 0.18
  • Deed Book: 2226
  • Unit/Lot Number: Lot E

Tax Info

  • Year: 2021
  • Taxes: 930.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2025
Sold by
Drezner Yaniv and Drezner Rasa
Bought by
Gargiulo Jeffrey and Gargiulo Laura
Current Estimated Value
$586,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$239,586
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$346,609

Purchase Details

Listed on
Sep 30, 2021
Closed on
Jan 25, 2022
Sold by
Innis Marilyn J and Debuchananne Jon C
Bought by
Drezner Yaniv and Drezner Rasa
Seller's Agent
John Lettieri
Sun Realty - Avon
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$95,000
Sold Price
$85,000
Premium/Discount to List
-$10,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.43%

Purchase Details

Closed on
Mar 8, 2018
Sold by
Hurst Jean D
Bought by
Hurst Jean A
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
Gargiulo Jeffrey $615,000 None Listed On Document
Drezner Yaniv $85,000 None Listed On Document
Hurst Jean A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gargiulo Jeffrey $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2022 01/25/22 Sold $85,000 -10.5% --
11/14/2021 11/14/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $95,000 -- --
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 $3,674 $624,900 $129,300 $495,600
2024 $3,395 $398,200 $115,000 $283,200
2023 $953 $115,000 $115,000 $0
2022 $942 $115,000 $115,000 $0
2021 $930 $115,000 $115,000 $0
2020 $641 $115,000 $115,000 $0
2019 $735 $113,200 $113,200 $0
2018 $0 $113,200 $113,200 $0
2017 $735 $113,200 $113,200 $0
2016 $690 $113,200 $113,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116303

Outer Banks Association of REALTORS®

APN: 013921000 01

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