NOT LISTED FOR SALE

40383 Ocean Isle Loop Avon, NC 27915

Avon Neighborhood

Estimated Value: $2,314,000 - $2,757,000

7 Beds
9 Baths
6,000 Sq Ft
$418/Sq Ft Est. Value

Last Sold February 05, 2016

Last sale price $1,230,000 $205 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $15,196/month

5 Days on Market

Highlights

  • Beach Front
  • Heated In Ground Pool
  • Cathedral Ceiling
  • Ocean View
  • Coastal Architecture
  • Wood Flooring

About This Home

As of February 2016

Amazing panoramic views of the Avon ocean front and sound from this gorgeously home. All 7 bedrooms are masters. Under house dry entry. All floor elevator, wet bar, game room, heated pool, hot tub are just some of the amenities. This is a must see.

Last Agent to Sell the Property

Dan Johnson

Midgett Realty - Hatteras License #90206 Listed on: 06/18/2015

Last Buyer's Agent

Carla Reynolds

NC 12 Realty License #241562

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,975

Year Built

  • Built in 2004

Lot Details

  • Beach Front

Home Design

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

Interior Spaces

  • 6,000 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Loft
  • Game Room
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Covered Deck
  • Storage Shed

Utilities

  • Central Air
  • Heating Available
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Ocean Isle Esta Subdivision

Listing and Financial Details

  • Tax Lot 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,975

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Jet Tub, Outside Shower, Storage Shed
  • Flood Zone: AE, VE
  • Subdivision Name: Ocean Isle Estates
  • Headline: Amazing panoramic views
  • Heated Sq Ft: 6000
  • Potential Short Sale: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0198
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Wall Oven, Washer
  • Bedrooms: 7
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Connection, Ensuite, Some Windows Treated, Wet Bar
  • Optional Rooms: Breakfast Nook, Foyer, Game Room, Loft
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 2 Car
  • Parking: Paved

Utilities

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

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot 6
  • Deed Book: 1515

Rental Info

  • Est Annual Rental Income: 155220
  • Estimated Rental Performance: 0.1262
  • Lease Terms: Weekly
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: The Oasis
  • Rental Phone Number: 252-995-5801
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2014
  • Taxes: 7975

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2021
Sold by
Totolos George and Totolos Rebecca L
Bought by
Ryousha Oashisu Llc
Total Days on Market
5
Current Estimated Value
$2,506,576

Purchase Details

Listed on
Jun 18, 2015
Closed on
Jan 25, 2016
Sold by
Garron Herbert S and Garron Ken
Bought by
Totolos George and Totolos Rebecca L
Seller's Agent
Dan Johnson
Midgett Realty - Hatteras
Buyer's Agent
Carla Reynolds
NC 12 Realty
List Price
$1,300,000
Sold Price
$1,230,000
Premium/Discount to List
-$70,000
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$984,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Ryousha Oashisu Llc $2,000,000 None Available
Totolos George $1,230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Totolos George $984,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2016 02/05/16 Sold $1,230,000 -5.4% $205 / Sq Ft
06/23/2015 06/23/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $1,300,000 -- $217 / 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 $13,509 $1,578,100 $413,100 $1,165,000
2023 $13,470 $1,624,700 $413,100 $1,211,600
2022 $13,308 $1,624,700 $413,100 $1,211,600
2021 $13,145 $1,624,700 $413,100 $1,211,600
2020 $9,061 $1,624,700 $413,100 $1,211,600
2019 $8,471 $1,262,200 $405,300 $856,900
2018 $8,471 $1,262,200 $405,300 $856,900
2017 $8,471 $1,262,200 $405,300 $856,900
2016 $7,949 $1,262,200 $405,300 $856,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 88548

Outer Banks Association of REALTORS®

APN: 014564006