NOT LISTED FOR SALE

41131 Dory Ln Avon, NC 27915

Estimated Value: $843,000

0.67 Acre
$1,266,244 Price per Acre
29,000 Sq Ft Lot

Last Sold May 29, 2012

Last sale price $20,500

Est. 4,012% increase in value since last sale

Current estimated payment $4,476/month

38 Days on Market

Highlights

  • Community Beach Access
  • 29,000 Sq Ft lot
  • Community Pool
  • Views of a Sound
  • Wooded Lot
  • Tennis Courts

About This Lot

As of May 2012

Large, beautiful building site with nice sunset views over the Pamlico Sound with all the amenities of Kinnakeet Shores.

Last Agent to Sell the Property

Michael Wynn

Sun Realty - Avon License #234210 Listed on: 04/11/2012

Last Buyer's Agent

Clarence Gibbs

Gibbs Realty & Construction, LLC License #196474

Property Details

Property Type

  • Land

Lot Details

  • 0.67 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $50 Monthly HOA Fees

Utilities

  • Municipal Utilities District Water
  • Community Sewer or Septic

Additional Features

  • Views of a Sound
  • Timber

Listing and Financial Details

  • REO, home is currently bank or lender owned

Community Details

Overview

  • Association fees include common insurance, management, road maintenance, walkways
  • Pat Weston Association, Phone Number (252) 995-6523
  • Kinnakeet Shores Subdivision

Recreation

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

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: LOTS/LAND
  • Bank Owned: Yes
  • Directions: Off Hwy 12 to Starboard, right on Dory at end on cul-de-sac, see sign
  • Flood Zone: AE, Cobra, VE
  • Subdivision Name: Kinnakeet Shores
  • Phase: 10
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Zoning: Res
  • Timber: Light
  • Deed Book Pg Number: 0178
  • Special Features: 20
  • Property Sub Type: LotsLands

Exterior Features

  • View: Sound, Salt Marsh

Utilities

  • Sewer/Septic System: Community Septic
  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis, Outdoor-Comm. Pool, Playground, Boardwalk to Beach
  • Association Fee: Yes
  • Estimated Annual Fee: 600
  • Hoa Contact: Pat Weston
  • HOA Contact: 252-995-6523
  • Fee Includes: Common Insurance, Management, Road Maintenance, Walkways

Lot Info

  • Estimated Lot Sq Ft: 29000
  • Lot Description: Cul-de-sac, Wooded
  • Deed Book: 1850
  • Unit/Lot Number: Lot 1006

Tax Info

  • Year: 2011
  • Taxes: 1026.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2012
Closed on
May 25, 2012
Sold by
First South Bank
Bought by
Mayer Gregory A
Seller's Agent
Michael Wynn
Sun Realty - Avon
Buyer's Agent
Clarence Gibbs
Gibbs Realty & Construction, LLC
List Price
$35,000
Sold Price
$20,500
Premium/Discount to List
-$14,500
-41.43%
Current Estimated Value
$843,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$822,500

Purchase Details

Closed on
Nov 8, 2010
Sold by
Gibbs Clarence L and Gibbs Deborah B
Bought by
First South Bank

Purchase Details

Closed on
Dec 24, 2005
Sold by
Bing John D and Bing Arvella B
Bought by
Gibbs Clarence L and Gibbs Deborah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,100
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mayer Gregory A $20,500 None Available
First South Bank $222,000 None Available
Gibbs Clarence L $439,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibbs Clarence L $395,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2012 05/29/12 Sold $20,500 -41.4% --
05/19/2012 05/19/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $35,000 -- --
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
2025 $210 $48,700 $48,700 $0
2024 $209 $33,200 $33,200 $0
2023 $209 $33,200 $33,200 $0
2022 $206 $33,200 $33,200 $0
2021 $202 $33,200 $33,200 $0
2020 $185 $33,200 $33,200 $0
2019 $291 $44,900 $44,900 $0
2018 $0 $44,900 $44,900 $0
2017 $291 $44,900 $44,900 $0
2016 $273 $44,900 $44,900 $0
2014 $273 $44,900 $44,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 74463

Outer Banks Association of REALTORS®

APN: 031018016