NOT LISTED FOR SALE

40303 Dune Way Avon, NC 27915

Avon Neighborhood

Estimated Value: $666,000 - $879,000

4 Beds
3.5 Baths
1,814 Sq Ft
$440/Sq Ft Est. Value

Last Sold December 09, 2019

Last sale price $460,000 $254 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,674/month

507 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Rooftop Deck
  • Community Beach Access
  • Spa
  • Coastal Architecture

About This Home

As of December 2019

Beautiful oceanfront beach cottage that features 4 bedrooms and 3.5 baths with breathtaking ocean views. Enjoy a relaxing morning/evening on your multi-level, beach-front sun decks that come fully-loaded with patio furniture and a private hot tub. Perfect for a primary residence/second home with endless rental opportunities for that quaint beach getaway. Set back on a quiet cul-de-sac, away from the main traffic on Highway 12. Only fifty feet separates the house from your perfect day at the beach!. Centrally located in Kinnakeet Village, Avon..this home is just minutes away from all the shopping, dining and activities that the vibrant village of Avon has to offer. Perfect location...great rental performer (more than 10% ROI!)...what is not to love? Come and visit today!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 06/06/2018

Last Buyer's Agent

Amber Dawson

EXP Realty, LLC - Coastal License #297734

EXP Realty, LLC - Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,021

Year Built

  • Built in 1987

Lot Details

  • 10,500 Sq Ft Lot
  • Beach Front
  • Cul-De-Sac
  • Level Lot

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,814 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Loft
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Unpaved Parking
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Rooftop Deck

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 8

Community Details

Overview

  • Kinnakeet Dunes Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,021

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Extras: Beach Access, Boardwalk to Beach, Hot Tub, Outside Shower, Sun Deck, Roof Top Deck, Inside Laundry Room
  • Flood Zone: VE
  • Heated Sq Ft: 1814
  • L V T Date: 06/06/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 7550
  • Deed Book Pg Number: 0438
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0569
  • 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, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Beamed Ceiling(s)
  • Optional Rooms: Loft
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Off Street, Unpaved

Utilities

  • Cooling: Central
  • Heating: Electric, Forced Air
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Board Walk

Lot Info

  • Estimated Lot Sq Ft: 10500
  • Lot Description: Beach Frontage, Cul-de-sac, Level, Water Frontage
  • Lot Number: Lot 8
  • Estimated Lot Size: 0.24
  • Deed Book: 1398

Rental Info

  • Est Annual Rental Income: 48669
  • Estimated Rental Performance: 0.1058
  • Lease Terms: Weekly
  • Rental Co: Sun Realty
  • Rental Cottage Name: Sandcastle II
  • Rental Cottage Number: KSD-3
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2018
  • Taxes: 3021.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
Dec 4, 2019
Sold by
Tjr Properties Llc
Bought by
Grisson Danielle and Holliday Cody
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Amber Dawson
EXP Realty, LLC - Coastal
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%
Current Estimated Value
$798,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,395
Avg. Annual Appreciation
10.12%
Original Mortgage
$414,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Grisson Danielle $460,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armentrout Irvin $2,500,000
Closed Armentrout Irvin L $415,300
Closed Grisson Danielle $414,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2019 12/09/19 Sold $460,000 -4.0% $254 / Sq Ft
10/26/2019 10/26/19 Pending -- -- --
08/10/2019 08/10/19 Price Changed $479,000 -2.0% $264 / Sq Ft
07/01/2019 07/01/19 Price Changed $489,000 -2.0% $270 / Sq Ft
04/10/2019 04/10/19 Price Changed $499,000 -7.4% $275 / Sq Ft
01/21/2019 01/21/19 Price Changed $539,000 -1.8% $297 / Sq Ft
10/16/2018 10/16/18 Price Changed $549,000 +10.0% $303 / Sq Ft
10/11/2018 10/11/18 For Sale $499,000 0.0% $275 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $499,000 -- $275 / 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 $3,883 $461,700 $295,200 $166,500
2023 $3,883 $468,360 $295,200 $173,160
2022 $3,816 $465,864 $295,200 $170,664
2021 $3,769 $465,864 $295,200 $170,664
2020 $2,598 $465,864 $295,200 $170,664
2019 $3,021 $458,200 $313,200 $145,000
2018 $3,021 $458,200 $313,200 $145,000
2017 $3,021 $458,200 $313,200 $145,000
2016 $2,835 $458,200 $313,200 $145,000
2014 $2,835 $458,200 $313,200 $145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 100788

Outer Banks Association of REALTORS®

APN: 029627000