$638,000
SOLD JAN 15, 2014

40256 Ocean Isle Loop Avon, NC 27915

Avon Neighborhood
6 Beds
5.5 Baths
3,401 Sq Ft
0.42 Acres

Recently Sold

$188 Per Sq Ft

1% Below List Price

9 Days on Market

Highlights

  • Ocean View
  • Second Refrigerator
  • Wood Flooring
  • Heated In Ground Pool
  • Cathedral Ceiling
  • Main Floor Bedroom

About This Home

As of May 2018

Six bedroom, 5 1/2 bath home in Ocean Isle Estates with a mid level den and ground floor rec room. This house was built with low maintenance in mind, hardwood floors and stairs, tile baths, silestone countertops, hardi-plank siding, trex decking, vinyl rails and stainless steel deck screws. This home also features an elevator, heated pool and screened porch. "Seas the Day" is a great rental and as of 11/25/13 there are 10 weeks booked for 2014. There are ocean and sound views from the back deck.

Last Agent to Sell the Property

Daphne Degabrielle

Outer Banks Realty Group License #136949 Listed on: 11/22/2013

Last Buyer's Agent

Suzie Scholten

Midgett Realty - Hatteras License #211406

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,805

Year Built

  • Built in 2006

Lot Details

  • 0.42 Acre Lot
  • Property fronts a private road

Parking

  • Tuck Under Parking

Home Design

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

Interior Spaces

  • 3,401 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Library
  • Game Room
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 24

Community Details

Overview

  • Built by Hunter Homes
  • Ocean Isle Esta Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,805

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: VE
  • Subdivision Name: Ocean Isle Estates
  • Heated Sq Ft: 3401
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: res
  • Deed Book Pg Number: 497
  • 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: 6
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 1
  • Bedroom 6: On Level: 1
  • Kitchen: On Level: 3
  • Countertops: Silestone, Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Dining Room: On Level: 3
  • Family Room: On Level: 1
  • Living Room: On Level: 3
  • Optional Rooms: Game Room, Library/Study
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Hunter Homes
  • Construction: Frame
  • Covered Deck Size: 400
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: Outdoor, In Ground, Vinyl, Heated
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: 90
  • Street Frontage: 80
  • Sun Deck Size: 585
  • View: Ocean

Garage/Parking

  • Parking: Under

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Board Walk
  • Home Owner Dwelling Insurance: 4203

Lot Info

  • Estimated Lot Sq Ft: 18186
  • Lot Number: Lot 24
  • Deed Book: 1586

Rental Info

  • Est Annual Rental Income: 63313
  • Estimated Rental Performance: 0.0992
  • Flood Expenses: 469
  • Lease Terms: Weekly
  • Rental Co: Sun Realty
  • Rental Cottage Name: Seas the Day
  • Rental Cottage Number: OI-23
  • Rental Phone Number: 995-5865
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1820
  • Annual Electric: 3952
  • Annual Water Expense: 1200

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2013
  • Taxes: 3805.26

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
7.80%
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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $702,000 --
Warranty Deed $638,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,400 New Conventional
Closed $561,600 Purchase Money Mortgage
Previous Owner $417,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $460,000 New Conventional
Previous Owner $600,000 Construction
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

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 81481

Outer Banks Association of REALTORS®

APN: 014564024