40395 Ocean Isle Loop Avon, NC 27915
Avon NeighborhoodEstimated Value: $1,573,000 - $3,482,000
8
Beds
9.5
Baths
6,684
Sq Ft
$401/Sq Ft
Est. Value
Highlights
- Beach Front
- Home Theater
- Second Refrigerator
- Ocean View
- Heated In Ground Pool
- Coastal Architecture
About This Home
As of April 2022THIS HOME IS A RENTAL POWERHOUSE!! There truly are no words to adequately describe this stunning oceanfront home!! No wonder "Bramasole" is such a solid rental performer with $280K already booked for 2022!! If you are looking for the perfect beach home/investment opportunity, look no further! This beautifully decorated and maintained 8 bedroom (ALL ARE MASTERS!), 9 full bath and 1 half bath oceanfront home in the Ocean Isle Estates subdivision of Avon has everything you could possibly be looking for. The amenities are nearly endless... 5 separate living areas; furnished decks on every level; a handicap friendly ground level master with roll-in shower; an incredible pool with a waterfall and kiddie pool; poolside tiki bar and pergola; cabana bath with outside entrance; 8 person hot tub; HUGE ground floor game room with wet bar/kitchenette with a full refrigerator, dishwasher, microwave and ice machine; mid-level library and media room with blackout shades; two washer and dryers; an incredible top level living area with breathtaking ocean and sound views, cathedral ceilings and gas fireplace; gorgeous kitchen with 2 dishwashers, dual ovens and 2 gas cooktops and granite counter tops; breakfast nook; and for even more space, a loft sitting area with wet bar and mini-fridge....this list is endless!! This property needs to be seen to be believed... come and visit today!!
Last Agent to Sell the Property
Midgett Realty - Rodanthe License #162204 Listed on: 01/06/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,432
Year Built
- Built in 2003
Lot Details
- 0.42 Acre Lot
- Beach Front
- Property fronts a private road
- Landscaped
- Level Lot
Home Design
- Coastal Architecture
- Contemporary Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 6,684 Sq Ft Home
- Elevator
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Home Theater
- Library
- Loft
- Game Room
- Ocean Views
Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Built-In Range
- Microwave
- Second Refrigerator
- Ice Maker
- Second Dishwasher
- Quartz Countertops
Flooring
- Wood
- Carpet
- Concrete
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- En-Suite Primary Bedroom
- Hydromassage or Jetted Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Tuck Under Parking
- Paved Parking
- Off-Street Parking
Accessible Home Design
- Handicap Accessible
Pool
- Heated In Ground Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Covered Deck
- Exterior Lighting
- Tiki or Chickee Hut
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Fuel Tank
- Private or Community Septic Tank
Community Details
- Ocean Isle Esta Subdivision
Listing and Financial Details
- Tax Lot 7
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 6, 2022
Closed on
Mar 8, 2022
Sold by
Burkhardt Beale J and Burkhardt Patricia R
Bought by
Aw Bramasole Llc
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$2,999,999
Sold Price
$2,950,000
Premium/Discount to List
-$49,999
-1.67%
Total Days on Market
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$272,744
Avg. Annual Appreciation
-4.66%
Similar Home in Avon, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aw Bramasole Llc | $17,700,000 | Dixon & Dixon Law Offices Pllc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aw Bramasole Llc | $2,500,000 | |
| Previous Owner | Beale J Burkhardt | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2022 04/14/22 | Sold | $2,950,000 | -1.7% | $441 / Sq Ft |
| 02/24/2022 02/24/22 | Pending | -- | -- | -- |
| 01/06/2022 01/06/22 | For Sale | $2,999,999 | -- | $449 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $12,739 | $1,489,400 | $418,800 | $1,070,600 |
| 2023 | $5,965 | $1,532,224 | $418,800 | $1,113,424 |
| 2022 | $12,550 | $1,532,224 | $418,800 | $1,113,424 |
| 2021 | $6,216 | $1,532,224 | $418,800 | $1,113,424 |
| 2020 | $8,545 | $1,532,224 | $418,800 | $1,113,424 |
| 2019 | $9,355 | $1,392,200 | $411,000 | $981,200 |
| 2018 | $9,355 | $1,392,200 | $411,000 | $981,200 |
| 2017 | $8,537 | $1,268,000 | $411,000 | $857,000 |
| 2016 | $7,984 | $1,268,000 | $411,000 | $857,000 |
| 2014 | $8,011 | $1,268,000 | $411,000 | $857,000 |
Source: Public Records
Agents Affiliated with this Home
-
Trisha Midgett
Seller's Agent in 2022
Trisha Midgett
Midgett Realty - Rodanthe
(252) 996-0124
264 in this area
1,306 Total Sales
-
John Mills
J
Buyer Co-Listing Agent in 2022
John Mills
Midgett Realty - Rodanthe
(252) 489-3215
56 in this area
224 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 117194
APN: 014564007
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