NOT LISTED FOR SALE

40457 Ocean Isle Loop Avon, NC 27915

Avon Neighborhood

Estimated Value: $225,136

0.34 Acre
$662,165 Price per Acre
14,810 Sq Ft Lot

Last Sold March 21, 2022

Last sale price $199,900

Est. 13% increase in value since last sale

Current estimated payment $1,392/month

562 Days on Market

Highlights

  • Community Beach Access
  • Timber
  • Level Lot

About This Lot

As of March 2022

Large lot in the beautiful Ocean Isle Estates subdivision! The community boardwalk is a short walk that takes you to the beach where you can enjoy surfing, SUP, kitesurfing, fishing, or just relaxing in your favorite lounge chair! Plenty of room to build your own pool and incredible beach cottage. The Avon pier is nearby for fishing or sightseeing! Close to shopping and incredible dining! Motivated Seller!!! Bring Offer!!!!! One of the last lots available in this highly desirable ocean front community!!

Last Agent to Sell the Property

John Lettieri

Sun Realty - Avon License #302850 Listed on: 07/16/2020

Last Buyer's Agent

Jeff Scott

Scott Team Realty License #133929

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $967

Lot Details

  • 0.34 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Cleared Lot

Farming

  • Timber

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

Overview

  • Ocean Isle Esta Subdivision

Recreation

  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$967

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: X
  • Headline: Large Oceanside Lot in Avon
  • L V T Date: 07/16/2020
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Timber: Scattered
  • Deed Book Pg Number: 0405
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3211
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Ocean Access

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Level, Cleared
  • Estimated Lot Size: 0.34
  • Deed Book: 1480
  • Unit/Lot Number: Lot 12

Tax Info

  • Year: 2019
  • Taxes: 966.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Mar 22, 2022
Sold by
Torlone Macher and Torlone Debra
Bought by
Burke Dawn M and Burke Patrick Stephen
Seller's Agent
John Lettieri
Sun Realty - Avon
Buyer's Agent
Jeff Scott
Scott Team Realty
List Price
$225,000
Sold Price
$199,900
Premium/Discount to List
-$25,100
-11.16%
Total Days on Market
562
Current Estimated Value
$225,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,236
Avg. Annual Appreciation
4.18%
Original Mortgage
$149,925
Outstanding Balance
$142,364
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$85,743
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Burke Dawn M $1,199,500 Dixon & Dixon Law Offices Pllc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Dawn M $149,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $199,900 0.0% --
01/29/2022 01/29/22 Pending -- -- --
07/26/2021 07/26/21 Price Changed $199,900 -7.0% --
04/07/2021 04/07/21 Price Changed $214,999 -4.4% --
03/04/2021 03/04/21 For Sale $225,000 0.0% --
03/04/2021 03/04/21 Price Changed $225,000 +12.6% --
02/01/2021 02/01/21 Off Market $199,900 -- --
07/16/2020 07/16/20 For Sale $250,000 -- --
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 $1,601 $193,100 $193,100 $0
2023 $1,601 $193,100 $193,100 $0
2022 $1,582 $193,100 $193,100 $0
2021 $1,562 $193,100 $193,100 $0
2020 $967 $193,100 $193,100 $0
2019 $967 $148,900 $148,900 $0
2018 $967 $148,900 $148,900 $0
2017 $967 $148,900 $148,900 $0
2016 $907 $148,900 $148,900 $0
2014 $907 $148,900 $148,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110137

Outer Banks Association of REALTORS®

APN: 014564012