NOT LISTED FOR SALE

41091 Ocean Ln Avon, NC 27915

Estimated Value: $676,000 - $1,176,000

5 Beds
3.5 Baths
2,386 Sq Ft
$384/Sq Ft Est. Value

Last Sold October 20, 2015

Last sale price $582,500 $244 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,232/month

17 Days on Market

Highlights

  • Beach Front
  • Spa
  • Furnished
  • Ocean View
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of October 2015

They say that people who live in glass houses shouldn't throw stones. They also say that those homes provide the best views. With superb panoramic oceanfront views from the Avon pier to south, incredible oceanfront CASA DEL MAR will constantly fuel your love of the water. Located in north Kinnakeet Shores, CDM has boardwalk access to the best beach on the banks. The Avon Pier, good restaurants, easy shopping and the very cool Hatteras Realty pool and tennis are just minutes away. The ground level has two carports, outside shower, fish station, charcoal grill, and good parking. The first level opens with an oceanfront queen bedroom with TV. Oceanfront queen bedroom two has a flat screen TV and shares a full bath with tub/shower with bedroom one. West bedroom three has 2 bunks and TV. West bedroom four has 2 singles, TV/VHS and is close to a full hall bath with tub/shower and laundry nook. Guests will highly approve of the furnished oceanfront deck with eight person hot tub. The second floor great room has tall ceilings, 1/2 bath and incomparable oceanfront views from walls of windows. The living area has an oceanfront card table, comfy leather furniture, entertainment system with LCD/TV/DVD and stereo. The furnished Florida room has an LCD/TV. The wide open kitchen has tile floors, granite counters, breakfast island, and wine cooler. The nearby dining area can handle a crowd and catches all oceanviews. The upstairs master king loft bedroom has a full bath with shower, flatscreen, and incredible ocean vistas. Oceanfront CASA DEL MAR is simply irresistible.

Last Agent to Sell the Property

Danny Couch

NC 12 Realty License #116088 Listed on: 08/05/2015

Co-Listed By

MaryAnne Hill

Default, Office License #267453

Last Buyer's Agent

Liz Midgett

Midgett Realty - Avon License #221798

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,433

Year Built

  • Built in 1990

Lot Details

  • Beach Front
  • Level Lot

HOA Fees

  • $33 Monthly HOA Fees

Property Views

  • Ocean
  • Views of a Sound
  • Park or Greenbelt

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,386 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Wood Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot #16

Community Details

Overview

  • Association fees include grounds maintenance, pool, tennis courts, walkways
  • Pat Weston Association, Phone Number (252) 995-6523
  • Kinnakeet Shores Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,433

Year Built

Built in 1990

Lot Details

0.36 Acres

HOA Fees

$33 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Chalet
  • Directions: Close to Pier at north end of OVD
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Sun Deck
  • Flood Zone: AE, VE
  • Subdivision Name: Kinnakeet Shores Phase 5
  • Headline: OCEANFRONT! VIEWS! LOCATION!
  • Heated Sq Ft: 2386
  • Phase: 5
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 5
  • Waterfront Location: Oceanfront
  • Zoning: R-1
  • Deed Book Pg Number: 0263
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, Wine Cooler
  • Bedrooms: 5
  • Countertops: Granite, Wood
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Cedar Closet(s), Ensuite, Pantry
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 60
  • View: Ocean, Park Serv/Preserve, Sound

Garage/Parking

  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance, Pool, Tennis Courts, Walkways
  • Association Amenities: Outdoor-Off Site Pool, Outdoor-Off Site Tennis, Sound Access, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 400
  • Hoa Contact: Pat Weston
  • HOA Contact: 252 995 6523

Lot Info

  • Lot Description: Adj to Park Serv./Preserv, Beach Frontage, Level
  • Lot Faces: west
  • Lot Number: Lot #16
  • Deed Book: 1944

Rental Info

  • Est Annual Rental Income: 54778
  • Estimated Rental Performance: 0.094
  • Lease Terms: Weekly
  • Rental Co: Vacasa - Hatteras
  • Rental Cottage Name: Casa Del Mar
  • Rental Cottage Number: 16-5
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 1990

Tax Info

  • Year: 2015
  • Taxes: 3433

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2015
Closed on
Sep 30, 2015
Sold by
Ryan Dennis J and Ryan Deborah
Bought by
Farrell Joseph W and Dickinson Katherine J
Seller's Agent
Danny Couch
NC 12 Realty
Buyer's Agent
Liz Midgett
Midgett Realty - Avon
List Price
$605,000
Sold Price
$582,500
Premium/Discount to List
-$22,500
-3.72%
Current Estimated Value
$915,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,565
Avg. Annual Appreciation
4.43%
Original Mortgage
$49,000
Outstanding Balance
$40,979
Interest Rate
3.93%
Mortgage Type
Commercial
Estimated Equity
$874,086

Purchase Details

Listed on
Jul 9, 2013
Closed on
Oct 22, 2013
Sold by
Menden Erich and Nash Margaret R
Bought by
Ryan Dennis J and Meehan James P
Seller's Agent
MaryAnne Hill
Default, Office
Buyer's Agent
MaryAnne Hill
Default, Office
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.16%
Original Mortgage
$337,500
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 21, 2006
Sold by
English Charles L and Espey English E Patricia
Bought by
Menden Eric H and Nash Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
6.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Farrell Joseph W -- None Available
Ryan Dennis J -- None Available
Menden Eric H $950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrell Joseph W $49,000
Open Farrell Joseph W $417,000
Previous Owner Ryan Dennis J $337,500
Previous Owner Menden Eric H $712,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2015 10/20/15 Sold $582,500 -3.7% $244 / Sq Ft
08/22/2015 08/22/15 Pending -- -- --
08/05/2015 08/05/15 For Sale $605,000 +42.4% $254 / Sq Ft
10/25/2013 10/25/13 Sold $425,000 -5.6% $178 / Sq Ft View Prior Sale
07/09/2013 07/09/13 For Sale $450,000 -- $189 / Sq Ft
06/11/2013 06/11/13 Pending -- -- --
Source: Outer Banks Association of REALTORS®

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
2025 $5,258 $920,900 $490,100 $430,800
2024 $5,322 $630,000 $360,700 $269,300
2023 $5,313 $640,772 $360,700 $280,072
2022 $5,249 $640,772 $360,700 $280,072
2021 $5,184 $640,772 $360,700 $280,072
2020 $3,574 $640,772 $360,700 $280,072
2019 $3,422 $516,700 $308,200 $208,500
2018 $3,658 $551,400 $308,200 $243,200
2017 $3,658 $551,400 $308,200 $243,200
2016 $3,433 $551,400 $308,200 $243,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 89108

Outer Banks Association of REALTORS®

APN: 014822016

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