40471 Ocean Isle Loop Avon, NC 27915
Avon Neighborhood
7
Beds
9
Baths
3,962
Sq Ft
0.34
Acres
Highlights
- Community Beach Access
- Home Theater
- Second Refrigerator
- Ocean View
- Heated In Ground Pool
- Coastal Architecture
About This Home
As of December 2023Price $849,000, with $105,855k on the books for 2015, available to the buyer with no winter carrying costs. That's a 12.4% rental ratio!! All that with a high quality, good condition, upscale home. The 'Tommy Bahama Home' offers a great vacation home design / floorplan, upscale high quality finishes throughout, amazing outdoor entertaining areas, elevator, and super consistent high rental income to create an great rental ratio and positive cash flow! Attractive design features large rec room with custom kitchenette & pool table, mid level media / sitting room, bright and open great room with custom built-in's, large custom kitchen with multiple appliances, loft, elevator, and 7 true master bedrooms. High end finishes include Silistone counter tops in kitchen and rec room, oak hardwood floors, high quality cabinetry and vanities, custom tile showers, flooring & tile wainscoting, custom baths, vanities, hand painting, unique tile backsplash, etc, etc, etc. Add to all this amazing outdoor entertaining areas; featuring quality Tiki Bar with stone and tile, custom heated concrete pool with Palm Tree design & waterfall, recessed stainless steel / tiled hot tub with stone surround, fire pit for evening gatherings, all beautifully landscaped in tropical theme. Located in safe location, with ocean views and direct access to wide open beaches. Fully furnished with no exclusions. Families love this home, as indicated by a proven track record of high rental income, creating the best rental ratio you can find. Act now to capture in place 2015 income and low interest rates!
Last Agent to Sell the Property
Outer Banks Realty Group License #188389 Listed on: 02/12/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,460
Year Built
- Built in 2002
Lot Details
- 0.34 Acre Lot
- Fenced Yard
- Landscaped
- Sprinkler System
Parking
- Tuck Under Parking
Home Design
- Coastal Architecture
- Cottage
- Reverse Style Home
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 3,962 Sq Ft Home
- Elevator
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Home Theater
- Loft
- Game Room
- Ocean Views
- Home Security System
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Second Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- En-Suite Primary Bedroom
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Gunite Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Covered Deck
- Tiki or Chickee Hut
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
- Septic System
Listing and Financial Details
- Tax Lot 13
Community Details
Overview
- Ocean Isle Esta Subdivision
Recreation
- Community Boardwalk
- Community Beach Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2023
Closed on
Nov 22, 2023
Sold by
Glozer Michael J
Bought by
Ross Sean P and Ross Ann M
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$1,400,000
Sold Price
$1,300,000
Premium/Discount to List
-$100,000
-7.14%
Views
241
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
$55,618
Avg. Annual Appreciation
0.50%
Original Mortgage
$722,000
Outstanding Balance
$712,659
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$598,073
Purchase Details
Closed on
May 4, 2020
Sold by
Glozer Ashley A
Bought by
Glozer Michael J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 12, 2015
Closed on
Apr 27, 2015
Sold by
Smith Donald C and Smith Sue W
Bought by
Glozer Michael J and Glozer Ashley A
Seller's Agent
Mark Massey
Outer Banks Realty Group
Buyer's Agent
Hugh Willey
Sun Realty - KDH
List Price
$849,000
Sold Price
$807,500
Premium/Discount to List
-$41,500
-4.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$646,000
Interest Rate
3.79%
Mortgage Type
New Conventional
Similar Homes 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,300,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $722,000 | New Conventional | |
| Previous Owner | $595,000 | New Conventional | |
| Previous Owner | $646,000 | New Conventional | |
| Previous Owner | $980,000 | Unknown | |
| Previous Owner | $85,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/04/2023 12/04/23 | Sold | $1,300,000 | -7.1% | $328 / Sq Ft |
| 10/11/2023 10/11/23 | Pending | -- | -- | -- |
| 08/08/2023 08/08/23 | For Sale | $1,400,000 | +73.4% | $353 / Sq Ft |
| 04/27/2015 04/27/15 | Sold | $807,500 | -4.9% | $204 / Sq Ft |
| 03/15/2015 03/15/15 | Pending | -- | -- | -- |
| 02/12/2015 02/12/15 | For Sale | $849,000 | -- | $214 / 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 | $6,740 | $789,100 | $193,100 | $596,000 |
| 2023 | $6,740 | $812,940 | $193,100 | $619,840 |
| 2022 | $6,659 | $812,940 | $193,100 | $619,840 |
| 2021 | $6,597 | $812,940 | $193,100 | $619,840 |
| 2020 | $4,534 | $812,940 | $193,100 | $619,840 |
| 2019 | $4,753 | $704,400 | $148,900 | $555,500 |
| 2018 | $4,771 | $704,400 | $148,900 | $555,500 |
| 2017 | $4,753 | $704,400 | $148,900 | $555,500 |
| 2016 | $4,460 | $704,400 | $148,900 | $555,500 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Trisha Midgett
Midgett Realty - Rodanthe
(252) 996-0124
259 in this area
1,277 Total Sales
-
Buyer's Agent in 2023
Four Seasons Realty
Four Seasons Realty
(252) 261-6664
6 in this area
373 Total Sales
-
Buyer Co-Listing Agent in 2023
Max Konstanzer
Four Seasons Realty
(252) 256-2607
2 in this area
107 Total Sales
-
Seller's Agent in 2015
Mark Massey
Outer Banks Realty Group
(252) 202-4335
1 in this area
77 Total Sales
-
Buyer's Agent in 2015
Hugh Willey
Sun Realty - KDH
(252) 489-8491
3 in this area
79 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 86788
APN: 014564013
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 40270 Croaker Ct Unit Lot D
- 40246 Croaker Ct Unit Lot E
- 40196 Leslie Ln Unit Lot 23
- 40308 Due Rd E Unit Lot 15
- 40228 E Sunfish Ct Unit Lot 20
- 40250 Dolphin Ln Unit Lot 82
- 40309 Due E Unit Lot 11
- 40207 Fitzwater Ct Unit Lot 67
- 40113 N Carolina Highway 12 Unit Lot 163
- 40177 Jarvis Gray Ln
- 40830 Nc 12 Hwy Unit Lot 1
- 40191 Kiddy Ln Unit Lot 13
- 39972 N Carolina Highway 12 Unit Lot 15
- 39107 Cobia Way Unit Lot 57
- 40088 Harbor Rd
- 41057 Nc 12 Hwy Unit 12
- 0 E Kinnakeet Reef Ct Unit lot 13 R
- 41112 Villa Dr Unit 41112
- 39265 Angelfish Rd Unit Lot 78
- 39194 W Sunfish Ct Unit Lot 137