NOT LISTED FOR SALE

41002 Latitude Ln Avon, NC 27915

Avon Neighborhood

Estimated Value: $536,000 - $554,507

4 Beds
3 Baths
1,700 Sq Ft
$323/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $272,500 $160 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,116/month

64 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Coastal Architecture
  • Views of a Sound
  • Spa
  • Cathedral Ceiling

About This Home

As of June 2016

Quality built by Joe Toner in 2000, "Changes in Latitude" is lakefront and situated in a quiet location at the end of the cul-de-sac. The owners have continued improvements over the last few years with granite counter tops and stainless steel appliances in the kitchen and in 2015 added two new heat pumps and wood laminate flooring throughout. This is a perfect home in Kinnakeet Shores that is in great condition that will not break the bank. Preliminary site plan is on file which shows location for adding a pool. The nice size screen porch, hot tub and multiple decks look over the lake for peaceful easy feelings.

Last Agent to Sell the Property

Trafton Reynolds

NC 12 Realty License #265864 Listed on: 03/15/2016

Co-Listed By

Carla Reynolds

NC 12 Realty License #241562

Last Buyer's Agent

Hugh Willey

Sun Realty - KDH License #238260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,411

Year Built

  • Built in 2000

Lot Details

  • 0.3 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $38 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Lake Views

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,700 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Screened Porch

Kitchen

  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 1216

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, tennis courts
  • Pat Weston Association, Phone Number (252) 305-1705
  • Built by Joe Toner
  • Kinnakeet Shores Subdivision

Recreation

  • Community Boardwalk
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,411

Year Built

Built in 2000

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: NC 12 South to Avon, right on Kinnakeet Blvd/Starboard Drive, left on Latitude, home at end of cul-de-sac.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Screened Porch, Sun Deck
  • Flood Zone: AE
  • Headline: Quiet Lakefront
  • Heated Sq Ft: 1700
  • L V T Date: 03/15/2016
  • Phase: 12
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Lakefront
  • Zoning: Res
  • Deed Book Pg Number: 407
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Pantry
  • Optional Rooms: Foyer

Exterior Features

  • Homebuilder: Joe Toner
  • Construction: Frame
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Lake/River, Sound

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Tennis Courts
  • Association Amenities: Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 450
  • Hoa Contact: Pat Weston
  • HOA Contact: 252-305-1705

Lot Info

  • Estimated Lot Sq Ft: 13000
  • Lot Description: Cul-de-sac, Level
  • Lot Number: Lot 1216
  • Deed Book: 1319

Rental Info

  • Est Annual Rental Income: 24717
  • Estimated Rental Performance: 0.0907
  • Rental Co: Midgett Realty
  • Rental Cottage Name: Changes in Latitude
  • Rental Cottage Number: AK121
  • Rental Phone Number: 995-5333
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2015
  • Taxes: 1410.89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2016
Closed on
Jun 20, 2016
Sold by
Mccloskey Charles J and Mccloskey Elizabeth A
Bought by
Mcdonald Lonnie H and Mcdonald Michelle C
Seller's Agent
Trafton Reynolds
NC 12 Realty
Buyer's Agent
Hugh Willey
Sun Realty - KDH
List Price
$284,900
Sold Price
$272,500
Premium/Discount to List
-$12,400
-4.35%
Current Estimated Value
$548,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,877
Avg. Annual Appreciation
7.79%
Original Mortgage
$218,000
Outstanding Balance
$173,899
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$374,479
Source: Public Records

Range of Values:

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Average Value
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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
Mcdonald Lonnie H $272,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Lonnie H $218,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2016 06/24/16 Sold $272,500 -4.4% $160 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $284,900 -- $168 / 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 $2,052 $314,700 $52,200 $262,500
2023 $2,052 $325,200 $52,200 $273,000
2022 $2,013 $325,200 $52,200 $273,000
2021 $1,987 $325,200 $52,200 $273,000
2020 $1,814 $325,200 $52,200 $273,000
2019 $1,504 $222,600 $41,900 $180,700
2018 $1,509 $222,600 $41,900 $180,700
2017 $1,509 $222,600 $41,900 $180,700
2016 $1,411 $222,600 $41,900 $180,700
2014 $1,411 $222,600 $41,900 $180,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 91557

Outer Banks Association of REALTORS®

APN: 014822078