NOT LISTED FOR SALE

41007 Channel Ct Avon, NC 27915

Avon Neighborhood

Estimated Value: $868,000 - $992,000

6 Beds
7 Baths
3,572 Sq Ft
$259/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $705,000 $197 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,566/month

6 Days on Market

Highlights

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

About This Home

As of September 2021

THIS IS THE PERFECT HOME IN THE PERFECT LOCATION!! Whether you are looking for the perfect year round residence or dream vacation home, look no further than "Xactly Wright"!. Perfectly located just 4 lots from the sound and only 3 lots from the ocean in the beautiful Kinnakeet Shores subdivision in Avon and within walking distance to all the dining, entertainment and shopping that the village has to offer! This beautifully maintained and decorated 6-bedroom (5 are masters!), 5-full and 2-half bath home will steal your heart!! The amenities abound - private pool and hot tub; patio; sun decks; covered decks; first level game room with full kitchen; LARGE bedrooms; stellar views; laundry room; beautiful upper level with floor to ceiling windows, cathedral ceilings and electric fireplace...this home has it all! Add in Kinnakeet Shore's community pool and tennis courts, sound and beach access and this property is just unbeatable. No wonder "Xactly Wright" is such a solid rental performer with more than $68K already on the books for 2021 and more than $34K already booked for 2022!! Opportunities like this do not come along every day...don't miss out on this one. "Xactly Wright" could be exactly right for you...come and visit today!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 07/13/2021

Last Buyer's Agent

Jennifer Paddock

Brindley Beach Vacations & Sales - Frisco License #310588

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,840

Year Built

  • Built in 2005

Lot Details

  • 0.29 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $71 Monthly HOA Fees

Property Views

  • Ocean
  • Views of a Sound
  • Lake

Home Design

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

Interior Spaces

  • 3,572 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Loft
  • Game Room

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Second Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 727

Community Details

Overview

  • Association fees include common insurance, management, pool, road maintenance, tennis courts, walkways
  • Pat Weston Association, Phone Number (252) 305-1705
  • Kinnakeet Shores Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,840

Year Built

Built in 2005

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Patio, Sun Deck, Inside Laundry Room
  • Flood Zone: AE
  • Subdivision Name: Kinnakeet Shores Phase 7
  • Heated Sq Ft: 3572
  • L V T Date: 07/13/2021
  • Phase: 7
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: 7
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res
  • Advertised Income 2020: 59929
  • Advertised Income 2021: 68199
  • Deed Book Pg Number: 0327
  • 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: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Plank
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Ensuite, Pantry, Electric Fireplace
  • Optional Rooms: Game Room, Loft
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Lake/River, Ocean, Sound

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Management, Pool, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Sound Access, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 850
  • Hoa Contact: Pat Weston
  • HOA Contact: 252-305-1705
  • Home Owner Dwelling Insurance: 1227

Lot Info

  • Estimated Lot Sq Ft: 12500
  • Lot Description: Cul-de-sac, Level, Water Frontage
  • Lot Number: Lot 727
  • Estimated Lot Size: 0.29
  • Deed Book: 1767

Rental Info

  • Est Annual Rental Income: 46409
  • Estimated Rental Performance: 0.0658
  • Flood Expenses: 768
  • Lease Terms: Weekly
  • Rental Co: Outer Beaches Realty
  • Rental Cottage Name: Xactly Wright
  • Rental Cottage Number: 760
  • Rental Turnover Day: Sunday
  • Rental Contact Email: crystal.devall@outerbeaches.com
  • Rental Contact Name: Crystall Devall

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2020
  • Taxes: 2839.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 18, 2021
Sold by
Wright Richard W and Wright Jean P
Bought by
Alace Hemalatha and Mahimairaj V
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Jennifer Paddock
Brindley Beach Vacations & Sales - Frisco
List Price
$699,000
Sold Price
$705,000
Premium/Discount to List
$6,000
0.86%
Current Estimated Value
$954,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,943
Avg. Annual Appreciation
7.14%
Original Mortgage
$493,500
Outstanding Balance
$453,914
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$469,827

Purchase Details

Closed on
May 8, 2008
Sold by
Wright Richard W and Wright Jean P
Bought by
Wright Richard W and Wright Jean P

Purchase Details

Closed on
Jul 12, 2006
Sold by
Douglas C Burlage Inc
Bought by
Wright Richard W and Wright Jean P
Source: Public Records

Range of Values:

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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
Alace Hemalatha $705,000 None Available
Wright Richard W -- None Available
Wright Richard W $765,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alace Hemalatha $493,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $705,000 +0.9% $197 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $699,000 -- $196 / 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 $3,203 $491,900 $60,400 $431,500
2023 $3,203 $509,160 $60,400 $448,760
2022 $3,152 $509,160 $60,400 $448,760
2021 $3,101 $509,160 $60,400 $448,760
2020 $2,840 $509,160 $60,400 $448,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115210

Outer Banks Association of REALTORS®

APN: 014822727