NOT LISTED FOR SALE

41021 Latitude Ln Avon, NC 27915

Avon Neighborhood

Estimated Value: $736,000

0.29 Acre
$2,564,813 Price per Acre
12,500 Sq Ft Lot

Last Sold April 15, 2012

Last sale price $30,000

Est. 2,353% increase in value since last sale

Current estimated payment $3,950/month

34 Days on Market

About This Lot

As of April 2012

Nice vacant lot in Kinnakeet Shores. This property is corporate owned and sold in its current condition "AS IS". Proof of funds to close or pre-qualification letter MUST accompany all offers. No inspections, repairs, disclosures or warranty provided by the seller. Seller reserves the right to negotiate offers in any order regardless of date/time submitted. Title to be conveyed by "Special Warranty" deed. A special corporate addendum will be made a part of the final contract.

Last Agent to Sell the Property

Pace Mimms

Default, Office License #156638 Listed on: 02/02/2012

Last Buyer's Agent

Rob Petty

Outer Banks Home Group License #224417

Property Details

Property Type

  • Land

Lot Details

  • 0.29 Acre Lot

HOA Fees

  • $21 Monthly HOA Fees

Community Details

  • Kinnakeet Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: LOTS/LAND
  • Bank Owned: Yes
  • Directions: Hatteras Island, Avon, West into Kinnakeet Shores to Latitude
  • Subdivision Name: Kinnakeet Shores
  • Phase: 12
  • Sale/Rent: For Sale
  • Zoning: r
  • Deed Book Pg Number: 0117
  • Special Features: 20
  • Property Sub Type: LotsLands

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 250

Lot Info

  • Estimated Lot Sq Ft: 12500
  • Deed Book: 1881
  • Unit/Lot Number: Lot 1214

Tax Info

  • Year: 2011
  • Taxes: 771

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2012
Closed on
Apr 4, 2012
Sold by
Bank Of America Na
Bought by
Veltsistas Pete and The Pete Veltsistas Trust
Seller's Agent
Pace Mimms
Default, Office
Buyer's Agent
Rob Petty
Outer Banks Home Group
List Price
$39,900
Sold Price
$30,000
Premium/Discount to List
-$9,900
-24.81%
Current Estimated Value
$736,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$706,000

Purchase Details

Closed on
Jul 13, 2005
Sold by
Hardy George O
Bought by
Lane Lisa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
5.62%
Mortgage Type
Assumption

Purchase Details

Closed on
Feb 8, 2005
Sold by
Pugh Anthony and Pugh Judy A
Bought by
Hardy George O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,900
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Veltsistas Pete $30,000 None Available
Lane Lisa G $275,000 None Available
Hardy George O $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lane Lisa G $261,250
Previous Owner Hardy George O $191,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2012 04/15/12 Sold $30,000 -24.8% --
03/07/2012 03/07/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $39,900 -- --
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 $315 $50,100 $50,100 $0
2023 $315 $50,100 $50,100 $0
2022 $310 $50,100 $50,100 $0
2021 $305 $50,100 $50,100 $0
2020 $279 $50,100 $50,100 $0
2019 $245 $37,800 $37,800 $0
2018 $0 $37,800 $37,800 $0
2017 $245 $37,800 $37,800 $0
2016 $230 $37,800 $37,800 $0
2014 $230 $37,800 $37,800 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Pace Mimms

    Default, Office

  • Rob Petty

    Buyer's Agent in 2012

    Rob Petty

    Outer Banks Home Group

    (252) 256-2830

    12 in this area

    50 Total Sales

    Rob Petty
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 73389

Outer Banks Association of REALTORS®

APN: 014822076

North Carolina Dare County Avon Avon

41021 Latitude Ln, Avon, NC

This home is located at 41021 Latitude Ln, Avon, NC 27915 since 02 February 2012 and is currently priced at $736,000. 41021 Latitude Ln is a home located in Dare County with nearby schools including Cape Hatteras Elementary School and Cape Hatteras Secondary School.

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.

Outer Banks Association of REALTORS® 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.

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