NOT LISTED FOR SALE

40392 Ocean Isle Loop Avon, NC 27915

Avon Neighborhood

Estimated Value: $923,000 - $2,003,000

7 Beds
9 Baths
4,942 Sq Ft
$332/Sq Ft Est. Value

Last Sold December 30, 2014

Last sale price $975,000 $197 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $10,542/month

201 Days on Market

Highlights

  • Ocean Front
  • Home Theater
  • Cathedral Ceiling
  • Beach Access
  • Heated In Ground Pool
  • Furnished

About This Home

As of December 2014

WHEN ONLY THE BEST WILL DO! Beautiful six bedrooms, seven baths and two half baths home with elevator in Ocean Isle Estates. Superbly furnished, custom built, quality construction, heated pool, hot tub, gameroom and Tiki bar. This is a beautiful home with great features and strong rents. Excludes sailing picture in great room.

Last Agent to Sell the Property

Holly Britt

SAGA Realty and Construction License #200150 Listed on: 05/05/2014

Last Buyer's Agent

Mark Massey

Outer Banks Realty Group License #188389

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,610

Year Built

  • Built in 2007

Lot Details

  • 0.37 Acre Lot
  • Ocean Front
  • Fenced Yard

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,942 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Game Room
  • Utility Room
  • Dryer
  • Ocean Views
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Built-In Range
  • Plumbed For Ice Maker
  • Second Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Carpet
  • Cork
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

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

Outdoor Features

  • Beach Access
  • Covered Deck

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 18

Community Details

Overview

  • Built by Renaissance Construction
  • Ocean Isle Esta Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,610

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Hot Tub, Outside Shower, Security System
  • Flood Zone: AE
  • Subdivision Name: Ocean Isle Estates
  • Headline: WHEN ONLY THE BEST WILL DO!
  • Heated Sq Ft: 4942
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: res
  • Deed Book Pg Number: 252
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dryer, Ice Machine, Range/Oven, Wall Oven, 2nd Dishwasher, Wine Cooler
  • Bedrooms: 7
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Cork
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Breakfast Nook, Foyer, Game Room, Pantry, Utility Room, Home Theater
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Renaissance Construction
  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Heated
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Under

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Heat Pump, Zoned
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 8657

Lot Info

  • Estimated Lot Sq Ft: 16192
  • Lot Faces: E
  • Lot Number: Lot 18
  • Deed Book: 1656

Rental Info

  • Est Annual Rental Income: 106299
  • Estimated Rental Performance: 0.109
  • Flood Expenses: 651
  • Lease Terms: Weekly
  • Maintenance Expenses: 11376
  • Other Expenses: 5343
  • Other Expenses2: 225
  • Other Expenses3: 1640
  • Poolspa Expense: 3393
  • Rental Co: Vacasa - Hatteras
  • Rental Cottage Name: Jamman By the Sea
  • Rental Cottage Number: 18-OI
  • Rental Phone Number: 489-4333
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1332
  • Annual Electric: 9133
  • Annual Telephone Expense: 707
  • Annual Water Expense: 265

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2013
  • Taxes: 5609.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2015
Sold by
Hierholzer Micheal and Hierholzer Teresa
Bought by
Hierholzer Investment Properties Llc
Current Estimated Value
$1,781,791

Purchase Details

Closed on
Oct 7, 2005
Sold by
Ergas Ralph and Nyberg Lynnette
Bought by
Mortellaro Jeffrey and Mortellaro Mary
Source: Public Records

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
Hierholzer Investment Properties Llc -- Attorney
Mortellaro Jeffrey $775,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hierholzer Michael $691,000
Closed Mortellaro Jeffery A $998,000
Closed Mortellaro Jeffery A $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2014 12/30/14 Sold $975,000 -9.3% $197 / Sq Ft
11/22/2014 11/22/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $1,075,000 -- $218 / 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 $9,437 $1,102,900 $219,600 $883,300
2023 $9,437 $1,138,232 $219,600 $918,632
2022 $9,323 $1,138,232 $219,600 $918,632
2021 $9,209 $1,138,232 $219,600 $918,632
2020 $6,348 $1,138,232 $219,600 $918,632
2019 $5,978 $886,200 $190,400 $695,800
2018 $6,001 $886,200 $190,400 $695,800
2017 $6,001 $886,200 $190,400 $695,800
2016 $5,610 $886,200 $190,400 $695,800
2014 $5,610 $886,200 $190,400 $695,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 83561

Outer Banks Association of REALTORS®

APN: 014564018