40426 Ocean Isle Loop Avon, NC 27915
Avon NeighborhoodEstimated payment $7,564/month
Total Views
16,965
7
Beds
7.5
Baths
3,690
Sq Ft
$341
Price per Sq Ft
Highlights
- Ocean View
- Coastal Architecture
- Furnished
- Concrete Pool
- Cathedral Ceiling
- Granite Countertops
About This Home
Consistently generating over 120K in annual rents, “Time Away” is a stellar vacation home in Avon, the hub of Hatteras Island, and the ideal property for your next rental investment. Ideal for large groups seeking quality time together, Avon is home to beautiful, uncrowded, renourished beaches and many “Mom and Pop” restaurants and shops that offer both traditional and exciting new choices. Reminding most of how the Outer Banks used to be, Hatteras Island has kept commercialism to a minimum and retains the small beach town charm that made our area so popular. No large chain restaurants and beachfront hotels blocking ocean views down here and a two-lane road keeping traffic congestion to a minimum. With generous and comfortable sleeping accommodations “Time Away” features 7 bedrooms, each with their own bath, six of them with direct access to the expansive decking on floors 2 and 3. Sunrise and sunset views from each of the decking areas attached to the 6 bedrooms, kitchen, and family room. Entertainment and relaxation options include a large, in-ground gunite pool that can be heated in the early spring and fall helping earn those shoulder week rentals that turn a rental season from good to great. Also included is a six-person hot tub, 9 Roku ready televisions, one per bedroom and large flat screens in the family and game rooms. The game room serving as another comfortable communal room for your family and guests alike also comes fitted with a pool table, wet bar and a full- size refrigerator. The main floor that is bathed in morning and afternoon sun and offers ocean views in another place to enjoy family time with movie night or fantastic seafood feasts. “Time Away” also offers easy access to the beach with the ocean, a short 5-minute walk that does not involve crossing a busy main thoroughfare. The beach is wide and pristine and ideal for shelling; recent finds include starfish, sand dollars, and dolphin sightings. Of course, the surfing, fishing, kiteboarding are also popular on Hatteras Island and with traditionally warmer water temps and better waves, those popular activities start earlier in the year and last all the way through the holidays. The gourmet kitchen offers two refrigerators, two coffee makers, two washer and dryer sets, ample kitchenware for preparing the meal of your choice and all adorned by a stylish granite countertop and new backsplash. “Time Away” also features and under emphasized feature, an elevator that travels all 3 floors useful for check-ins & outs as well as convenience for older/less mobile members of the family. Recent improvements include… New pool motor and heater (2023) New paint of the entire exterior of the house and pool fencing (2022) New HVAC unit (2023) New washer/dryer set (2023). The owners of “Time Away” are selling with great reluctance and quite simply an OBX home that is more appropriate for owner occupancy. They hope to pass this wonderful home on to the next family that can create as many wonderful memories as they have over the years.
Listing Agent
Keller Williams - Outer Banks Brokerage Phone: 252-722-5860 License #273751 Listed on: 10/24/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,546
Year Built
- Built in 2003
Lot Details
- Property is zoned C-2
Property Views
- Ocean Views
- Views of a Sound
Home Design
- Coastal Architecture
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 3,690 Sq Ft Home
- Elevator
- Wet Bar
- Furnished
- Cathedral Ceiling
- Game Room
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Parking
- Tuck Under Parking
- Paved Parking
- Off-Street Parking
Pool
- Concrete Pool
- In Ground Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Covered Deck
- Exterior Lighting
Utilities
- Central 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 17
Map
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Home Values in the Area
Average Home Value in this Area
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 | $6,546 | $767,000 | $204,800 | $562,200 |
| 2023 | $6,546 | $789,488 | $204,800 | $584,688 |
| 2022 | $6,467 | $789,488 | $204,800 | $584,688 |
| 2021 | $6,388 | $789,488 | $204,800 | $584,688 |
| 2020 | $4,403 | $789,488 | $204,800 | $584,688 |
| 2019 | $4,294 | $637,600 | $158,000 | $479,600 |
| 2018 | $4,506 | $668,700 | $158,000 | $510,700 |
| 2017 | $4,506 | $668,700 | $158,000 | $510,700 |
| 2016 | $4,229 | $668,700 | $158,000 | $510,700 |
| 2014 | $4,229 | $668,700 | $158,000 | $510,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/09/2024 12/09/24 | Price Changed | $1,260,000 | -3.8% | $341 / Sq Ft |
| 11/22/2024 11/22/24 | Price Changed | $1,310,000 | -3.7% | $355 / Sq Ft |
| 10/31/2024 10/31/24 | For Sale | $1,360,000 | 0.0% | $369 / Sq Ft |
| 10/26/2024 10/26/24 | Off Market | $1,360,000 | -- | -- |
| 10/24/2024 10/24/24 | For Sale | $1,360,000 | +40.9% | $369 / Sq Ft |
| 10/22/2021 10/22/21 | Sold | $965,000 | -3.4% | $292 / Sq Ft |
| 09/05/2021 09/05/21 | Pending | -- | -- | -- |
| 07/27/2021 07/27/21 | Price Changed | $999,000 | -7.1% | $303 / Sq Ft |
| 06/27/2021 06/27/21 | For Sale | $1,075,000 | -- | $326 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $965,000 | None Available | |
| Warranty Deed | $1,225,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $197,840 | New Conventional | |
| Open | $675,500 | New Conventional | |
| Previous Owner | $974,000 | Assumption |
Source: Public Records
Similar Home in Avon, NC
Source: Outer Banks Association of REALTORS®
MLS Number: 127327
APN: 014564017
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