NOT LISTED FOR SALE

40441 Ocean Isle Loop Avon, NC 27915

Avon Neighborhood

Estimated Value: $1,030,452 - $1,319,000

6 Beds
6.5 Baths
3,417 Sq Ft
$356/Sq Ft Est. Value

Last Sold May 09, 2014

Last sale price $628,000 $184 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $7,252/month

334 Days on Market

Highlights

  • Beach Access
  • Furnished
  • Landscaped
  • Spa

About This Home

As of May 2014

Best priced property in Ocean Isle Estates! Buy now and receive all the 2014 rental income from this well built and perfectly maintained vacation home. There are six bedrooms, five of which are Masters, and six and a half baths. A big 14' X 28' heated swimming pool and six person Hot Tub provide outside enjoyment, and there's a large game room with Pool Table, wet bar, refrigerator and convenient full bath off the pool area. The updated entertainment package with large screen TV's and lovely upscale furnishings and finishes complete this perfect turn-key package. There are beautiful ocean views from the sunny south facing top deck and the community beach access is just steps away. Arrange a showing soon!

Last Agent to Sell the Property

Steven Dwight

Default, Office License #187703 Listed on: 06/03/2013

Co-Listed By

Rita Dwight

Surf or Sound Realty - Avon License #187702

Last Buyer's Agent

Suzie Scholten

Midgett Realty - Hatteras License #211406

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,727

Year Built

  • Built in 2003

Lot Details

  • 0.34 Acre Lot
  • Landscaped
  • Property is zoned R1

Interior Spaces

  • 3,417 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 6 Bedrooms

Pool

  • Spa
  • Fiberglass Pool
  • Outdoor Shower

Outdoor Features

  • Beach Access

Listing and Financial Details

  • Tax Lot lot 11

Community Details

Overview

  • Ocean Isle Esta Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,727

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Extras: Beach Access, Boardwalk to Beach, Hot Tub, Landscaped, Outside Shower
  • Subdivision Name: Ocean Isle Estates
  • Headline: 10% GRIP - Beautiful Home
  • Heated Sq Ft: 3417
  • Sale/Rent: For Sale
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: R1
  • Deed Book Pg Number: 177
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Partial Bathrooms: 1

Exterior Features

  • Pool: Yes
  • Pool Type: Fiberglass, Heated

Utilities

  • Oilgas Severed Pre Owner: No Representation

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Number: lot 11
  • Deed Book: 1492

Rental Info

  • Est Annual Rental Income: 66000
  • Estimated Rental Performance: 0.1051
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Sister of the C
  • Rental Cottage Number: 384
  • Rental Phone Number: 995-5801
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2012
  • Taxes: 4727

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2013
Closed on
Apr 30, 2014
Sold by
Cerciello John A and Cerciello Lori A
Bought by
Morgan John Wayne and Morgan Cynthia L
Seller's Agent
Steven Dwight
Default, Office
Buyer's Agent
Suzie Scholten
Midgett Realty - Hatteras
List Price
$730,000
Sold Price
$628,000
Premium/Discount to List
-$102,000
-13.97%
Total Days on Market
334
Current Estimated Value
$1,216,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$588,863
Avg. Annual Appreciation
5.13%
Original Mortgage
$390,000
Outstanding Balance
$137,813
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$955,558
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
Morgan John Wayne $628,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan John Wayne $390,000
Previous Owner Cerciello John A $403,000
Previous Owner Cerciello John A $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2014 05/09/14 Sold $628,000 -14.0% $184 / Sq Ft
05/03/2014 05/03/14 Pending -- -- --
06/03/2013 06/03/13 For Sale $730,000 -- $214 / 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 $5,361 $630,000 $216,000 $414,000
2023 $2,523 $646,560 $216,000 $430,560
2022 $5,296 $646,560 $216,000 $430,560
2021 $5,231 $646,560 $216,000 $430,560
2020 $3,606 $646,560 $216,000 $430,560
2019 $4,500 $669,100 $187,200 $481,900
2018 $3,500 $669,100 $187,200 $481,900
2017 $4,515 $669,100 $187,200 $481,900
2016 $4,222 $669,100 $187,200 $481,900
2014 $4,222 $669,100 $187,200 $481,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 79339

Outer Banks Association of REALTORS®

APN: 014564011