40272 Ocean Isle Loop Avon, NC 27915
Avon NeighborhoodEstimated Value: $1,221,265 - $1,428,000
7
Beds
7.5
Baths
3,572
Sq Ft
$376/Sq Ft
Est. Value
Highlights
- Ocean View
- Home Theater
- Second Refrigerator
- Beach Access
- In Ground Pool
- Coastal Architecture
About This Home
As of March 2021If you are looking for the perfect vacation home or investment opportunity, look no further!! "Avon Sea Breeze" offers the perfect location - just 2 lots from the ocean in the beautiful Ocean Isle Estates subdivision and within walking distance to all the shopping, dining and entertainment that Avon has to offer! There is a community boardwalk to the beach just steps away, but this home has so much to offer, you may just want to stay home and enjoy your large private pool, hot tub, and tons and tons of decks! Step inside and be amazed at the space!! This 7 bedroom, 7 full bath and 1 half bath home also offers a game room with wet bar (with refrigerator and microwave - great for those poolside drinks and snacks!); a mid-level media room/den for extra space and an additional loft/reading room!! The top level boasts a beautiful open layout, floor to ceiling windows, a king master suite with jacuzzi and shower and...if two is your favorite number, check out the gourmet kitchen with TWO dishwashers, TWO refrigerators and incredible space for entertaining a crowd. Recent Improvements include a new fortified roof and 7 person hot tub in 2020. And to sweeten the deal...the seller is currently having the entire exterior of the house repainted and any damaged trim or hardiboard replaced as part of the process. This home truly has it all...no wonder it is such an incredible rental performer with ROI of more than 11% and more than $104K already on the books for 2021!!! "Avon Sea Breeze" will blow you away...come and visit today!!
Last Agent to Sell the Property
Midgett Realty - Rodanthe License #162204 Listed on: 09/03/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,273
Year Built
- Built in 2002
Lot Details
- 0.44 Acre Lot
- Property fronts a private road
- Level Lot
Home Design
- Coastal Architecture
- Contemporary Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 3,572 Sq Ft Home
- Elevator
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Home Theater
- Loft
- Game Room
- Ocean Views
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Second Dishwasher
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- En-Suite Primary Bedroom
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Parking
- Tuck Under Parking
- Paved Parking
- Off-Street Parking
Pool
- In Ground Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Beach Access
- Sun Deck
- Covered Deck
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
Listing and Financial Details
- Tax Lot 23
Community Details
Overview
- Ocean Isle Esta Subdivision
Recreation
- Community Boardwalk
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2020
Closed on
Mar 3, 2021
Sold by
Gottleib Ellwood Sean and Gottleib Anne
Bought by
Halvorsen Michelle Rae and Halvorsen Jason Robert
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$850,000
Sold Price
$850,000
Total Days on Market
146
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,316
Avg. Annual Appreciation
10.39%
Original Mortgage
$680,000
Outstanding Balance
$616,458
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$674,599
Purchase Details
Closed on
Mar 11, 2014
Sold by
Posner David and Posner Bridget
Bought by
Gottleib Ellwood Sean and Gottleib Anne
Purchase Details
Closed on
Jun 9, 2005
Sold by
Smith D Craig and Smith Sue W
Bought by
Posner David and Posner Bridget
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,250
Interest Rate
5.69%
Mortgage Type
New Conventional
Similar Homes in Avon, NC
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Halvorsen Michelle Rae | $850,000 | None Listed On Document | |
| Halvorsen Michelle Rae | $850,000 | None Listed On Document | |
| Gottleib Ellwood Sean | $652,500 | None Available | |
| Posner David | $1,227,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Halvorsen Michelle Rae | $680,000 | |
| Closed | Halvorsen Michelle Rae | $680,000 | |
| Previous Owner | Posner David | $920,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2021 03/17/21 | Sold | $850,000 | 0.0% | $238 / Sq Ft |
| 01/27/2021 01/27/21 | Pending | -- | -- | -- |
| 12/27/2020 12/27/20 | For Sale | $850,000 | 0.0% | $238 / Sq Ft |
| 11/20/2020 11/20/20 | Pending | -- | -- | -- |
| 09/03/2020 09/03/20 | For Sale | $850,000 | -- | $238 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $6,353 | $744,600 | $204,800 | $539,800 |
| 2023 | $2,982 | $766,192 | $204,800 | $561,392 |
| 2022 | $6,276 | $766,192 | $204,800 | $561,392 |
| 2021 | $6,199 | $766,192 | $204,800 | $561,392 |
| 2020 | $4,478 | $766,192 | $204,800 | $561,392 |
| 2019 | $4,478 | $664,500 | $158,000 | $506,500 |
| 2018 | $3,731 | $664,500 | $158,000 | $506,500 |
| 2017 | $4,478 | $664,500 | $158,000 | $506,500 |
| 2016 | $4,202 | $664,500 | $158,000 | $506,500 |
| 2014 | $4,202 | $664,500 | $158,000 | $506,500 |
Source: Public Records
Agents Affiliated with this Home
-
Trisha Midgett
Seller's Agent in 2021
Trisha Midgett
Midgett Realty - Rodanthe
(252) 996-0124
264 in this area
1,306 Total Sales
-
John Mills
J
Buyer Co-Listing Agent in 2021
John Mills
Midgett Realty - Rodanthe
(252) 489-3215
56 in this area
224 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 110832
APN: 014564023
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