NOT LISTED FOR SALE

40331 Ocean Isle Loop Avon, NC 27915

Avon Area

Estimated Value: $1,976,523

0.4 Acre
$4,941,308 Price per Acre
17,500 Sq Ft Lot

Sale Details

Date Sold: October 25, 2022

Last sale price $1,030,000

Est. 92% increase in value since last sale

Current estimated payment $12,529 / mo

67 Days on Market

About This Lot

As of October 2022

Spectacular, large oceanfront lot in premier subdivision. The lot is level and has large rolling dunes and a beautiful, wide beach. In July 2022 Avon competed its beach nourishment. This effort enhanced an already wonderfully wide, expansive beach. This is the last oceanfront lot in the Ocean Isle Estates and offers a unique opportunity to build the oceanfront home of your dreams. Conveniently located with shopping, restaurants and Avon pier nearby.

Last Agent to Sell the Property

Connie Burke

Coastal Carolina Vacations License #220597 Listed on: 06/21/2022

Last Buyer's Agent

Connie Burke

Coastal Carolina Vacations License #220597 Listed on: 06/21/2022

Range of Values:

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

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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,296

Lot Details

  • 17,500 Sq Ft Lot
  • Beach Front
  • Property fronts a private road
  • Cleared Lot
  • Property is zoned re

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

Overview

  • Ocean Isle Esta Subdivision

Recreation

  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$3,296

Lot Details

0.4 Acres

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: Shaded X, X
  • Headline: Spectacular Oceanfront Lot
  • L V T Date: 06/21/2022
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: re
  • Deed Book Pg Number: 0061`
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C34867
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Ocean Access

Lot Info

  • Estimated Lot Sq Ft: 17500
  • Lot Description: Beach Frontage, Cleared
  • Estimated Lot Size: 0.40
  • Deed Book: 2536
  • Unit/Lot Number: Lot 3

Tax Info

  • Year: 2021
  • Taxes: 3296.27

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2024
Sold by
Burris Donnan R and Burris Amy E
Bought by
Current Estimated Value
$1,976,523

Purchase Details

Listed on
Jun 21, 2022
Closed on
Oct 24, 2022
Sold by
Kuszyk Brian Scott and Kuszyk Cara Lynn
Bought by
Burris Donnan R and Burris Amy E
Seller's Agent
Connie Burke
Coastal Carolina Vacations
Buyer's Agent
Connie Burke
Coastal Carolina Vacations
List Price
$1,275,000
Sold Price
$1,030,000
Premium/Discount to List
-$245,000
-19.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.04%
Original Mortgage
$550,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Avon, NC

  • Richard Tolson Real Estate Agent - RT Realty OBX, LLC

    Richard Tolson

    RT Realty OBX, LLC

    (252) 599-5418

    56 Total Sales

    1 in Avon

    $89,500 Price

    Richard Tolson
     Section Image
  • Trisha Midgett Real Estate Agent - Midgett Realty - Rodanthe

    Trisha Midgett

    Responds Quickly

    Midgett Realty - Rodanthe

    (252) 650-8051

    1,055 Total Sales

    224 in Avon

    $39K - $5.3M Price Range

    Trisha Midgett
     Section Image
  • Nancy Scarborough Real Estate Agent - Dolphin Realty, Inc.

    Nancy Scarborough

    Dolphin Realty, Inc.

    (252) 475-7378

    29 Total Sales

    1 in Avon

    $450,000 Price

    Nancy Scarborough
     Section Image
  • Haley Winslow Real Estate Agent - Coldwell Banker Seaside Realty KH

    Haley Winslow

    Coldwell Banker Seaside Realty KH

    (828) 268-3712

    89 Total Sales

    1 in Avon

    $85,000 Price

    Haley Winslow
     Section Image
  • Rick Uhl Real Estate Agent - NC VA Land and Home Inc

    Rick Uhl

    NC VA Land and Home Inc

    (757) 909-6490

    66 Total Sales

    12 in Avon

    $39K - $960K Price Range

    Rick Uhl
     Section Image
  • Wendi Munden Real Estate Agent - NC 12 Realty

    Wendi Munden

    Responds Quickly

    NC 12 Realty

    (252) 475-7329

    15 Total Sales

    6 in Avon

    $125K - $593K Price Range

    Wendi Munden
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Burris Donnan R $1,330,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $550,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/25/2022 10/25/22 Sold $1,030,000 -19.2% --
08/27/2022 08/27/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $1,275,000 -- --
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,421 $2,700,700 $1,118,300 $1,582,400
2024 $6,965 $840,100 $407,400 $432,700
2023 $1,632 $407,400 $407,400 $0
2022 $3,337 $407,400 $407,400 $0
2021 $3,296 $407,400 $407,400 $0
2020 $2,594 $407,400 $407,400 $0
2019 $2,594 $399,700 $399,700 $0
2018 $2,594 $399,700 $399,700 $0
2017 $2,594 $399,700 $399,700 $0
2016 $2,435 $399,700 $399,700 $0
2014 $2,435 $399,700 $399,700 $0
Source: Public Records

Agents Affiliated with this Home

  • CB

    Seller's Agent in 2022

    Connie Burke

    Coastal Carolina Vacations

    (252) 573-9564

    39 Total Sales

    Connie Burke
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119388

Outer Banks Association of REALTORS®

APN: 014564003

North Carolina Dare County Avon

40331 Ocean Isle Loop, Avon, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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