NOT LISTED FOR SALE

40298 Croaker Ct Avon, NC 27915

Estimated Value: $483,000 - $616,000

4 Beds
2.5 Baths
1,568 Sq Ft
$339/Sq Ft Est. Value

Last Sold August 05, 2013

Last sale price $270,000 $172 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,006/month

265 Days on Market

Highlights

  • Ocean View
  • Cathedral Ceiling
  • Beamed Ceilings
  • Beach Access
  • Furnished
  • Wet Bar

About This Home

As of August 2013

Here it is! An affordable beach house only 2 lots from the oceanfront. Recent makeover included interior painting, new fixtures, colorful bedding, outdoor furniture, new exterior door/storm door. It's looking good!!! A spacious great room with views of the ocean and sound. Convenient location within walking distance to shops and restaurants. Increase rental performance by adding another level (appears to be adequate space underneath house) and a pool and hot tub.

Last Agent to Sell the Property

Dottie Reed

NC 12 Realty License #189956 Listed on: 10/02/2012

Last Buyer's Agent

Jane Ford

Ford Luxury Properties, LLC License #212824

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,771

Year Built

  • Built in 1986

Lot Details

  • 9,588 Sq Ft Lot
  • Unpaved Streets

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,568 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Beach Access
  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Community Details

  • Hatteras Colony Subdivision

Listing and Financial Details

  • Tax Lot C

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,771

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: First street north of traffic light. Across highway from Village Grocery.
  • Extras: Beach Access, Ceiling Fan(s), Central Vacuum, Covered Decks, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Hatteras Colony
  • Headline: DECOR MAKEOVER~GREAT VALUE
  • Heated Sq Ft: 1568
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 7
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: R-1
  • Deed Book Pg Number: 0000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Pantry, Wet Bar
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1298

Lot Info

  • Estimated Lot Sq Ft: 9588
  • Lot Number: Lot C
  • Deed Book: 0000

Rental Info

  • Est Annual Rental Income: 13250
  • Estimated Rental Performance: 0.0491
  • Flood Expenses: 388
  • Lease Terms: Weekly
  • Other Expenses: 297600
  • Rental Co: Outer Beaches Realty
  • Rental Cottage Name: Kinnakeet Hi
  • Rental Cottage Number: 532
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 660
  • Annual Electric: 2406
  • Annual Telephone Expense: 586
  • Annual Water Expense: 343

Building Info

  • Year Built: 1986

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 1771

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2012
Closed on
Aug 1, 2013
Sold by
Evans Frederick A and Evans Armanda N
Bought by
Myers Michael E and Myers Shari S
Seller's Agent
Dottie Reed
NC 12 Realty
Buyer's Agent
Jane Ford
Ford Luxury Properties, LLC
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%
Current Estimated Value
$531,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,792
Avg. Annual Appreciation
5.60%
Original Mortgage
$216,000
Outstanding Balance
$159,492
Interest Rate
4.29%
Mortgage Type
New Conventional
Estimated Equity
$372,300
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Myers Michael E $270,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Michael E $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2013 08/05/13 Sold $270,000 -8.5% $172 / Sq Ft
06/24/2013 06/24/13 Pending -- -- --
10/02/2012 10/02/12 For Sale $295,000 -- $188 / 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 $2,732 $467,200 $168,800 $298,400
2024 $2,631 $310,800 $146,000 $164,800
2023 $2,637 $317,392 $146,000 $171,392
2022 $2,600 $317,392 $146,000 $171,392
2021 $2,573 $317,392 $146,000 $171,392
2020 $1,770 $317,392 $146,000 $171,392
2019 $1,849 $278,600 $153,300 $125,300
2018 $1,845 $278,000 $153,300 $124,700
2017 $1,849 $278,000 $153,300 $124,700
2016 $1,731 $278,000 $153,300 $124,700
2014 $1,770 $284,300 $159,600 $124,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76467

Outer Banks Association of REALTORS®

APN: 013919000