NOT LISTED FOR SALE

40256 Ocean Isle Loop Avon, NC 27915

Avon Neighborhood

Estimated Value: $934,000 - $1,378,000

6 Beds
5.5 Baths
3,489 Sq Ft
$346/Sq Ft Est. Value

Last Sold May 16, 2018

Last sale price $702,000 $201 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $7,638/month

358 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Contemporary Architecture
  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of May 2018

Walking through the door of Sea Smoke (formerly Penny Lane) gives you a warm feeling of comfort. This beautiful and well decorated home has all the bells and whistles. 6 beautiful bedrooms, 4 master, have all the sleeping space you need. Nice size den offers quiet space for those on working vacations while first floor game room has plenty of room for fun. Lots of trex style deck space for sunning and a covered screened porch for rainy days. Fully equipped kitchen if you want to cook but close to restaurants if you don't. Elevator to all floors for your convenience. Huge pool, hot tub and tiki bar outside. Two large storage closets for outdoor toys too. Just short walk to beach walk over for easy ocean access. Owner just switched rental to Hatteras Realty. Projection on file of $88,160.

Last Agent to Sell the Property

Suzie Scholten

Midgett Realty - Hatteras License #211406 Listed on: 04/24/2017

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,069

Year Built

  • Built in 2005

Lot Details

  • 0.41 Acre Lot
  • Property fronts a private road
  • Lot includes common area

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,489 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Library
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Hydromassage or Jetted Bathtub

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Vinyl Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 24

Community Details

Overview

  • Ocean Isle Esta Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,069

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: Highway 12 to Avon, Ocean Isle Loop on Oceanside of street. North side of loop. Home on right.
  • Extras: Beach Access, Covered Decks, Elevator, Hot Tub, Jet Tub, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry
  • Flood Zone: AE
  • Headline: Stunning Home
  • Heated Sq Ft: 3489
  • L V T Date: 04/24/2017
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: RES
  • Deed Book Pg Number: 0138
  • Office License Number: C0569
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Silestone, Solid Surface
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Wood
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Fireplace, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Library/Study
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Vinyl, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Board Walk
  • Home Owner Dwelling Insurance: 3896

Lot Info

  • Estimated Lot Sq Ft: 18000
  • Lot Description: Adj. To Common Area
  • Lot Number: Lot 24
  • Estimated Lot Size: 0.41
  • Deed Book: 1950

Rental Info

  • Flood Expenses: 782
  • Lease Terms: Weekly
  • Rental Co: Vacasa - Hatteras
  • Rental Cottage Name: Sea Smoke
  • Rental Turnover Day: Sat
  • Annual Cable TV Expense: 709
  • Annual Electric: 3902
  • Annual Water Expense: 682

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2017
  • Taxes: 4069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2017
Closed on
May 12, 2018
Sold by
Morgan John W and Morgan Cynthia L
Bought by
Westmoreland Jamey T and Westmoreland Lauri A
Seller's Agent
Suzie Scholten
Midgett Realty - Hatteras
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$789,900
Sold Price
$702,000
Premium/Discount to List
-$87,900
-11.13%
Current Estimated Value
$1,298,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,661
Avg. Annual Appreciation
7.77%
Original Mortgage
$561,600
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 22, 2013
Closed on
Jan 17, 2014
Sold by
Penn Bruce R and Penn Holly A
Bought by
Morgan John W and Morgan Cynthia L
Seller's Agent
Daphne Degabrielle
Outer Banks Realty Group
Buyer's Agent
Suzie Scholten
Midgett Realty - Hatteras
List Price
$647,000
Sold Price
$638,000
Premium/Discount to List
-$9,000
-1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.23%
Original Mortgage
$417,000
Interest Rate
4.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Westmoreland Jamey T $702,000 --
Morgan John W $638,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westmoreland Jamey T $510,400
Closed Westmoreland Jamey T $561,600
Previous Owner Morgan John W $417,000
Previous Owner Penn Bruce R $417,000
Previous Owner Penn Holly A $460,000
Previous Owner Penn Bruce R $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2018 05/16/18 Sold $702,000 -5.0% $201 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
01/02/2018 01/02/18 Price Changed $739,000 -5.1% $212 / Sq Ft
11/18/2017 11/18/17 Price Changed $779,000 -1.4% $223 / Sq Ft
04/24/2017 04/24/17 For Sale $789,900 +23.8% $226 / Sq Ft
01/15/2014 01/15/14 Sold $638,000 -1.4% $188 / Sq Ft
12/01/2013 12/01/13 Pending -- -- --
11/22/2013 11/22/13 For Sale $647,000 -- $190 / 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 $6,318 $740,500 $201,800 $538,700
2023 $6,318 $762,048 $201,800 $560,248
2022 $6,242 $762,048 $201,800 $560,248
2021 $6,183 $762,048 $201,800 $560,248
2020 $4,250 $762,048 $201,800 $560,248
2019 $4,055 $602,400 $155,700 $446,700
2018 $4,055 $602,400 $155,700 $446,700
2017 $4,070 $602,400 $155,700 $446,700
2016 $3,805 $602,400 $155,700 $446,700
2014 $3,805 $602,400 $155,700 $446,700
Source: Public Records

Agents Affiliated with this Home

  • Suzie Scholten

    Seller's Agent in 2018

    Suzie Scholten

    Midgett Realty - Hatteras

    (252) 216-9181

    23 in this area

    127 Total Sales

    Section Image
  • Trisha Midgett

    Buyer's Agent in 2018

    Trisha Midgett

    Midgett Realty - Rodanthe

    (252) 996-0124

    257 in this area

    1,275 Total Sales

    Section Image
  • Daphne Degabrielle

    Seller's Agent in 2014

    Daphne Degabrielle

    Outer Banks Realty Group

    (252) 475-4147

    1 in this area

    53 Total Sales

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 96164

Outer Banks Association of REALTORS®

APN: 014564024

North Carolina Dare County Avon Avon

40256 Ocean Isle Loop, Avon, NC

This home is located at 40256 Ocean Isle Loop, Avon, NC 27915 since 24 April 2017 and is currently estimated at $1,207,037, approximately $345 per square foot. This property was built in 2005. 40256 Ocean Isle Loop is a home located in Dare County with nearby schools including Cape Hatteras Elementary School and Cape Hatteras Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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