Seller's Agent in 2021
Liz Midgett
Midgett Realty - Avon
(252) 986-6329
34 in this area
107 Total Sales
40426 Ocean Isle Loop Avon, NC 27915
Estimated Value: $1,187,000 - $1,379,000
7
Beds
7.5
Baths
3,300
Sq Ft
$384/Sq Ft
Est. Value
Highlights
- Ocean View
- Concrete Pool
- Coastal Architecture
- Beach Access
- Second Refrigerator
- Cathedral Ceiling
About This Home
As of October 2021Look no further! Time Away is a Terrific, Two lot back from Oceanfront home, 7 Bedrooms, 7.5 Bathrooms, in Ocean Isle Estates Subdivision of Avon Village that has it all! 11% ROI!!! Ocean views with easy beach access down the street! Private Heated Pool, Plenty of Outdoor space, Hot Tub, Multiple Level Decking, Game Room Level offers Pool Table and kitchenette, bunkroom, full bathroom, along with the laundry room. The 2nd level has 4 bedrooms with private baths and deck access in each. The open floor plan Living Level offers an expansive Kitchen with granite counters, Loft, gas fireplace, and guaranteed Amazing Ocean views! You will find two master suites on the top level, both offering extraordinary water views and access to outside decking! Fantastic Rental Income History with 10% ROI! Public sound access for kayaking, crabbing, and kite boarding or Public 4x4 Beach access is just a short drive away at the South or North end of Avon Village. Time Away is a consistent rental producer, making this property ideal for rental investment, but would be wonderful as a 2nd home get away or primary residence as well! Avon Village is centrally located to all of the sites and scenes of Hatteras Island! There have been many updates to Time Away within the past few years, but to name a few: 2020- FORTIFIED Roof, Hot Tub, Dining room table/10 chairs, 8 outdoor chairs, 2019 - 8 outdoor chairs, 2017- stackable washer/dryer unit, 2016 - 2 dishwashers, Kitchen refrigerator, 2015 - Kitchen granite countertops/tile backsplash/2 sinks/faucets, 2014 - First floor refrigerator. This one will go quickly, so contact me for details today!
Last Agent to Sell the Property
Midgett Realty - Avon License #221798 Listed on: 06/27/2021
Last Buyer's Agent
Everette Jennings
OBXBROKER L.L.P License #280195
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,403
Year Built
- Built in 2003
Lot Details
- 0.44 Acre Lot
- Landscaped
- Level Lot
Home Design
- Coastal Architecture
- Contemporary Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Lap Siding
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 3,300 Sq Ft Home
- Elevator
- Wet Bar
- Furnished
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Loft
- Game Room
- Ocean Views
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Second Dishwasher
- Granite Countertops
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Stacked Washer and Dryer
Parking
- Tuck Under Parking
- Off-Street Parking
Pool
- Concrete Pool
- Heated In Ground Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Beach Access
- Sun Deck
- Covered Deck
- Patio
- 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2021
Closed on
Oct 1, 2021
Sold by
Weber Michael R and Weber Elizabeth G
Bought by
Garza Edward G and Garza Annette M
Seller's Agent
Liz Midgett
Midgett Realty - Avon
Buyer's Agent
Everette Jennings
OBXBROKER L.L.P
List Price
$1,075,000
Sold Price
$965,000
Premium/Discount to List
-$110,000
-10.23%
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
$303,812
Avg. Annual Appreciation
6.72%
Original Mortgage
$675,500
Outstanding Balance
$614,197
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$654,615
Purchase Details
Closed on
May 26, 2005
Sold by
Smith Kevin F and Smith Kelly C
Bought by
Weber Michael R and Weber Elizabeth G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$974,000
Interest Rate
5%
Mortgage Type
Assumption
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 |
|---|---|---|---|
| Garza Edward G | $965,000 | None Available | |
| Weber Michael R | $1,225,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Garza Edward G | $675,500 | |
| Previous Owner | Weber Michael R | $974,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per 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®
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 |
|---|---|---|---|---|
| 2025 | $7,409 | $1,258,400 | $212,600 | $1,045,800 |
| 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
Agents Affiliated with this Home
-
Liz Midgett
-
E
Buyer's Agent in 2021
Everette Jennings
OBXBROKER L.L.P
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 114991
APN: 014564017
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