$799,000
SOLD DEC 5, 2018

40485 Ocean Isle Loop Avon, NC 27915

Avon Neighborhood
7 Beds
9 Baths
4,782 Sq Ft
0.41 Acres

Recently Sold

$167 Per Sq Ft

6% Below List Price

218 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Coastal Architecture
  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of April 2020

Make 'Jamman Again' your next investment, rental, or true second home today! Located in the exclusive Ocean Isle Estate Subdivision, the beautiful 7-bedroom, 7 full bath, 2 half bath home is perfect for entertaining all your family and friends. Enjoy fun in the sand as the home is just a short walk to the beach or have fun in the sun right at home in the large heated pool, 12 person in-ground hot tub, outside bathroom, Cabana Bar, large commercial gas grill, 2 park grills and commercial ice maker. Inside the fun continues at the large Sports Bar game room with 8ft pool table, card table room, and wet bar. Enjoy sound and ocean views from every window on the top floor where you'll find a spacious living area with luxurious furnishings, fully-equipped kitchen with wet bar, 3 dishwashers, gas and electric range ovens, and plentiful dining spaces,. The exterior stairs on the upstairs deck leads to the a furnished tower room with phenomenal views of ocean and village. Don't miss the chance to own this beautiful home! It won't stay on the market long! Call today!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 03/12/2018

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 03/12/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,223

Year Built

  • Built in 2004

Lot Details

  • 0.41 Acre Lot
  • Property fronts a private road
  • Fenced Yard
  • Landscaped
  • Corner Lot
  • Level Lot

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 4,782 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Game Room

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Cork
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 14

Community Details

Overview

  • Ocean Isle Esta Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,223

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Security System, Smoke Detector(s), Sun Deck, Tiki Bar, Inside Laundry Room
  • Flood Zone: AE
  • Heated Sq Ft: 4782
  • L V T Date: 03/12/2018
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 0306
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0569
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Disposal, Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer, Wine Cooler
  • Bedrooms: 7
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Cork
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Gas Connection, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room, Pantry, Shipswatch
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Ocean Access

Lot Info

  • Estimated Lot Sq Ft: 18000
  • Lot Description: Corner, Level
  • Lot Number: Lot 14
  • Estimated Lot Size: 0.41
  • Deed Book: 1568

Rental Info

  • Est Annual Rental Income: 106635
  • Estimated Rental Performance: 0.1335
  • Lease Terms: Weekly
  • Rental Co: Vacasa - Hatteras
  • Rental Cottage Name: Jamman Again
  • Rental Cottage Number: 14-OI

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2018
  • Taxes: 5222.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
Apr 7, 2020
Sold by
Tke Junior Llc
Bought by
Hudson Benjamin I and Hudson Barbara A
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$869,000
Sold Price
$840,000
Premium/Discount to List
-$29,000
-3.34%
Total Days on Market
218
Current Estimated Value
$1,412,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,713
Avg. Annual Appreciation
10.13%

Purchase Details

Listed on
Mar 12, 2018
Closed on
Nov 21, 2018
Sold by
Mortellaro Jeffrey A and Mortellaro Mary G
Bought by
Tke Junior Llc
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$849,000
Sold Price
$799,000
Premium/Discount to List
-$50,000
-5.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $840,000 None Available
Warranty Deed $3,995,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $975,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2020 04/13/20 Sold $840,000 -3.3% $168 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $869,000 +8.8% $174 / Sq Ft
12/05/2018 12/05/18 Sold $799,000 0.0% $167 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
10/02/2018 10/02/18 Price Changed $799,000 -3.2% $167 / Sq Ft
09/04/2018 09/04/18 Price Changed $825,000 -2.8% $173 / Sq Ft
03/12/2018 03/12/18 For Sale $849,000 -- $178 / 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 $6,982 $842,100 $124,900 $717,200
2023 $6,982 $842,100 $124,900 $717,200
2022 $6,898 $842,100 $124,900 $717,200
2021 $7,069 $870,788 $124,900 $745,888
2020 $4,856 $870,788 $124,900 $745,888
2019 $5,223 $771,800 $114,800 $657,000
2018 $5,223 $771,800 $114,800 $657,000
2017 $5,223 $771,800 $114,800 $657,000
2016 $4,901 $771,800 $114,800 $657,000
2014 $4,901 $771,800 $114,800 $657,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99613

Outer Banks Association of REALTORS®

APN: 014564014