NOT LISTED FOR SALE

40263 Dolphin Ln Avon, NC 27915

Estimated Value: $443,000 - $552,000

4 Beds
3 Baths
1,196 Sq Ft
$414/Sq Ft Est. Value

Last Sold April 13, 2020

Last sale price $299,900 $251 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,739/month

29 Days on Market

Highlights

  • Community Beach Access
  • Spa
  • Cathedral Ceiling
  • Ocean View
  • Coastal Architecture
  • Furnished

About This Home

As of April 2020

Lovely cottage nestled away just 5-lots from the oceanfront with direct ocean access via walkway. Cozy and inviting this home has received many recent updates and improvements totaling over $32K including: New luxury vinyl plank flooring, stainless appliances, bath vanities and fixtures, lights and fans, hot water heater, exterior trim, new sliding glass door in great room, and newly installed 4 bedroom septic system. Additionally, there is a generous BONUS SUITE with PRIVATE ENTRANCE that includes bedroom w/queen bed, full bathroom and walk-in closet (ADDITIONAL 260 SQ. FT.) which isn't included in the heated living sq. ft. and would be ideal for a VRBO or Air BnB. Along with a very functional reverse floor plan this home features a spacious great room with cathedral ceilings, well-appointed kitchen/dining area and expansive windows to provide a light and airy feel throughout. The lower level deck features the dry space and gutter system that provides a dry entry and there’s also a 6 person hot tub on this level. The top level affords two large sun decks overlooking the ocean and sound with generous poly-wood furniture from “Built to Last”. If you're looking for beach cottage that's been recently updated and in close proximity to the beach; this is a great value!

Last Agent to Sell the Property

Rob Petty

Outer Banks Home Group License #224417 Listed on: 02/07/2020

Co-Listed By

Lisa Hux

Surf or Sound Realty - Rodanthe License #288095

Last Buyer's Agent

Chelsea Jordan

Coldwell Banker Seaside Realty KH License #286496

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,503

Year Built

  • Built in 1988

Lot Details

  • 5,600 Sq Ft Lot
  • Lot Dimensions are 80 x 70
  • Lot includes common area
  • Level Lot

Home Design

  • Coastal Architecture
  • Cottage
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,196 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Laminate Flooring
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Unpaved Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot # 103

Community Details

Overview

  • Hatteras Colony Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,503

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal, Cottage
  • Directions: Hwy 12 to Dolphin Lane, halfway down on the left
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Shower, Sun Deck, Dry Entry
  • Flood Zone: AE
  • Headline: BONUS SUITE + 260 SQ FT
  • Heated Sq Ft: 1196
  • L V T Date: 02/07/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 0030
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7816
  • 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 w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Electronic Locks: Owned
  • Floor Coverings: Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Under, Unpaved

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Home Owner Dwelling Insurance: 1511

Lot Info

  • Estimated Lot Sq Ft: 5600
  • Lot Description: Adj. To Common Area, Easement(s), Level
  • Lot Faces: S
  • Lot Size: 80 x 70
  • Lot Number: Lot# 103
  • Estimated Lot Size: 0.13
  • Deed Book: 2216

Rental Info

  • Est Annual Rental Income: 22225
  • Estimated Rental Performance: 0.0741
  • Flood Expenses: 595
  • Lease Terms: Weekly
  • Other Expenses: 384
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Carolina Breeze
  • Rental Cottage Number: 909
  • Rental Phone Number: 252-995-5801
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 984
  • Annual Electric: 2105
  • Annual Water Expense: 458

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2019
  • Taxes: 1502.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Apr 6, 2020
Sold by
Register Daniel R and Register Megan E
Bought by
Jr Timothy Andrew Chapman
Seller's Agent
Rob Petty
Outer Banks Home Group
Buyer's Agent
Chelsea Jordan
Coldwell Banker Seaside Realty KH
List Price
$309,000
Sold Price
$299,900
Premium/Discount to List
-$9,100
-2.94%
Current Estimated Value
$495,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,829
Avg. Annual Appreciation
9.17%
Original Mortgage
$299,900
Outstanding Balance
$265,098
Interest Rate
3.4%
Mortgage Type
VA
Estimated Equity
$230,631

Purchase Details

Listed on
Jun 7, 2017
Closed on
Jan 10, 2018
Sold by
Shears Phillip L and Shears Lisa B
Bought by
Register Daniel R and Register Megan E
Seller's Agent
Liz Midgett
Midgett Realty - Avon
Buyer's Agent
Rob Petty
Outer Banks Home Group
List Price
$264,000
Sold Price
$252,577
Premium/Discount to List
-$11,423
-4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$200,612
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jr Timothy Andrew Chapman $300,000 None Available
Register Daniel R $253,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jr Timothy Andrew Chapman $299,900
Previous Owner Register Daniel R $200,612
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2020 04/13/20 Sold $299,900 0.0% $251 / Sq Ft
03/07/2020 03/07/20 Pending -- -- --
03/03/2020 03/03/20 Price Changed $299,900 -2.9% $251 / Sq Ft
02/07/2020 02/07/20 For Sale $309,000 +22.3% $258 / Sq Ft
01/17/2018 01/17/18 Sold $252,577 -2.5% $227 / Sq Ft View Prior Sale
11/30/2017 11/30/17 Pending -- -- --
11/01/2017 11/01/17 Price Changed $259,000 -1.9% $233 / Sq Ft
06/07/2017 06/07/17 For Sale $264,000 -- $237 / 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
2025 $1,789 $415,200 $124,400 $290,800
2024 $1,741 $276,700 $96,900 $179,800
2023 $1,741 $276,700 $96,900 $179,800
2022 $1,713 $276,700 $96,900 $179,800
2021 $1,685 $276,700 $96,900 $179,800
2020 $1,543 $276,700 $96,900 $179,800
2019 $1,503 $231,500 $97,300 $134,200
2018 $1,546 $231,500 $97,300 $134,200
2017 $1,546 $231,500 $97,300 $134,200
2016 $1,451 $231,500 $97,300 $134,200
2014 $1,451 $231,500 $97,300 $134,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108212

Outer Banks Association of REALTORS®

APN: 013490000