NOT LISTED FOR SALE

40312 Dolphin Ln Avon, NC 27915

Estimated Value: $602,000 - $705,000

3 Beds
2 Baths
1,344 Sq Ft
$482/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $520,000 $387 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,776/month

2 Days on Market

Highlights

  • Beach Front
  • Coastal Architecture
  • Furnished
  • Ocean View
  • Cathedral Ceiling
  • Wood Countertops

About This Home

As of March 2021

Keep it simple with "The Sweet Spot" and come and enjoy one of Avon's most popular locations. This home has modern updates but feels like going back in time for good family memories. Since 2018 the seller has updated the decks, kitchen, flooring, HVAC, roof, windows and interior paint. There are three levels of decks to hang out on and the top deck has excellent ocean views. The main living area has a vaulted ceiling with warm ceiling beams and an open feel. There is a loft tucked away up top for the smaller ones to enjoy. The lower level is accessed through a spiral stairway and outside entry and has a sitting area, foosball table and locked storage. Good things come in small packages!

Last Agent to Sell the Property

Trafton Reynolds

NC 12 Realty License #265864 Listed on: 02/05/2021

Co-Listed By

Carla Reynolds

NC 12 Realty License #241562

Last Buyer's Agent

April Contestable

Brindley Beach Vacations & Sales - KH License #190635

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,199

Year Built

  • Built in 1977

Lot Details

  • 5,500 Sq Ft Lot
  • Beach Front
  • Cul-De-Sac

Home Design

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

Interior Spaces

  • 1,344 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Game Room
  • Workshop
  • Vinyl Flooring
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Wood Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Private or Community Septic Tank

Community Details

  • Hatteras Colony Subdivision

Listing and Financial Details

  • Tax Lot 77

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,199

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: NC 12 South to Avon, left on Dolphin, enter cul-de-sac and turn right, home on left.
  • Extras: Beach Access, Covered Decks, Outside Lighting
  • Flood Zone: X
  • Headline: The Sweet Spot
  • Heated Sq Ft: 1344
  • L V T Date: 02/05/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R-1
  • Deed Book Pg Number: 78
  • Destination Commerce Corp: Yes
  • Office License Number: C24757
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Wood
  • Floor Coverings: Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Beamed Ceiling(s), Cathedral Ceiling(s)
  • Optional Rooms: Game Room, Workshop

Exterior Features

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

Garage/Parking

  • Parking: Off Street, Unpaved

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 5500
  • Lot Description: Beach Frontage, Cul-de-sac, Easement(s), Water Frontage
  • Lot Number: Lot 77
  • Estimated Lot Size: 0.13
  • Deed Book: 2230

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Midgett Realty
  • Rental Cottage Name: The Sweet Spot
  • Rental Cottage Number: AH771
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1977

Tax Info

  • Year: 2020
  • Taxes: 2199

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 22, 2021
Sold by
Schwieterman Thomas S and Schwieterman Shana M
Bought by
Newton David Lee and Newton Kimberly Kolan
Seller's Agent
Trafton Reynolds
NC 12 Realty
Buyer's Agent
April Contestable
Brindley Beach Vacations & Sales - KH
List Price
$475,000
Sold Price
$520,000
Premium/Discount to List
$45,000
9.47%
Current Estimated Value
$678,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,822
Avg. Annual Appreciation
4.72%
Original Mortgage
$416,000
Outstanding Balance
$373,104
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$275,334

Purchase Details

Listed on
Feb 20, 2017
Closed on
Jul 28, 2017
Sold by
Clark Donald W
Bought by
Schwieterman Thomas R and Schwieterman Shana M
Seller's Agent
Trafton Reynolds
NC 12 Realty
Buyer's Agent
Trafton Reynolds
NC 12 Realty
List Price
$320,000
Sold Price
$285,000
Premium/Discount to List
-$35,000
-10.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.91%
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
Newton David Lee $520,000 First American Mortgage Sln
Schwieterman Thomas R $113,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newton David Lee $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2021 03/26/21 Sold $520,000 +9.5% $387 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $475,000 +66.7% $353 / Sq Ft
07/31/2017 07/31/17 Sold $285,000 -10.9% $278 / Sq Ft View Prior Sale
06/24/2017 06/24/17 Pending -- -- --
02/20/2017 02/20/17 For Sale $320,000 -- $313 / 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 $2,758 $629,100 $365,600 $263,500
2024 $2,481 $388,200 $247,500 $140,700
2023 $2,478 $393,828 $247,500 $146,328
2022 $2,438 $393,828 $247,500 $146,328
2021 $2,402 $393,828 $247,500 $146,328
2020 $2,196 $393,828 $247,500 $146,328
2019 $2,235 $338,000 $221,900 $116,100
2018 $2,129 $322,500 $221,900 $100,600
2017 $2,126 $322,500 $221,900 $100,600
2016 $1,964 $322,500 $221,900 $100,600
2014 $1,995 $322,500 $221,900 $100,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112732

Outer Banks Association of REALTORS®

APN: 013465000