NOT LISTED FOR SALE

41187 Lakeside Dr Avon, NC 27915

Estimated Value: $499,000 - $537,000

3 Beds
3 Baths
1,723 Sq Ft
$300/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $270,000 $157 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,932/month

196 Days on Market

Highlights

  • Community Beach Access
  • Lake Front
  • Coastal Architecture
  • Ocean View
  • Outdoor Pool
  • Cathedral Ceiling

About This Home

As of June 2020

Kinnakeet Shores is a sought after community in Avon which is home to some full-timers and many successful vacation rental homes. Reality Revisions has been used as a second home in recent years which gives the new owner the option to occupy, use as a second home, or purchase for a weekly vacation rental investment. Hatteras Realty has provided a rental projection indicating $17,575 in rental income annually. It has three bedrooms, three full baths and a loft with daybed and Foosball table. Under house carport and dry entry.

Last Agent to Sell the Property

Carla Reynolds

NC 12 Realty License #241562 Listed on: 10/30/2019

Co-Listed By

Trafton Reynolds

NC 12 Realty License #265864

Last Buyer's Agent

* **Not a Member

**Not a Member License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,483

Year Built

  • Built in 1995

Lot Details

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

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • Paved Parking

Property Views

  • Ocean
  • Lake

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,723 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Loft
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • 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 BA 7

Community Details

Overview

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

Amenities

  • Common Area

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,483

Year Built

Built in 1995

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: West into Kinnakeet Shores just before Food Lion. First right on Lakeside Drive
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry
  • Flood Zone: AE
  • Headline: Kinnakeet Shores Lakefront
  • Heated Sq Ft: 1723
  • L V T Date: 10/31/2019
  • Phase: 15
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Lakefront
  • Zoning: Res
  • Deed Book Pg Number: 0438
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C24757
  • 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
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection
  • Optional Rooms: Loft

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding, Wood
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Lake/River, Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance, Pool, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Sound Access, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 550
  • Hoa Contact: Pat Weston
  • HOA Contact: 252-305-1705
  • Home Owner Dwelling Insurance: 2276

Lot Info

  • Lot Description: Cul-de-sac, Level
  • Lot Number: Lot BA 7
  • Deed Book: 1831

Rental Info

  • Est Annual Rental Income: 17575
  • Estimated Rental Performance: 0.0651
  • Flood Expenses: 684
  • Rental Cottage Name: Reality Revisions
  • Yearly Expense Actual Estimate: Estimated

Building Info

  • Year Built: 1995

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2019
  • Taxes: 1482.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2024
Sold by
Yoder Jeremy V and Stroup Angela
Bought by
Foster Brandon Thomas and Foster Melissa Amber
Current Estimated Value
$516,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Outstanding Balance
$379,838
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$137,016

Purchase Details

Listed on
Oct 30, 2019
Closed on
Jun 3, 2020
Sold by
Naquin Robert J and Naquin Jennifer S
Bought by
Yoder Jeremy V and Yoder Angela Stroup
Seller's Agent
Carla Reynolds
NC 12 Realty
Buyer's Agent
* **Not a Member
**Not a Member
List Price
$285,000
Sold Price
$270,000
Premium/Discount to List
-$15,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%
Original Mortgage
$216,000
Interest Rate
3.3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 3, 2010
Sold by
Cagwin Daniel and Cagwin Nicole C
Bought by
Naquin Robert J and Naquin Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2010
Sold by
Lane Charles B and Lane Mee Mee
Bought by
Cagwin Daniel and Cagwin Nicole C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2006
Sold by
Aaron Frank W and Aaron Gail B
Bought by
Cagwin Daniel and Cagwin Nichole C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.25%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Foster Brandon Thomas $515,000 None Listed On Document
Yoder Jeremy V $270,000 First American Mortgage Sln
Naquin Robert J $251,500 None Available
Cagwin Daniel -- None Available
Cagwin Daniel $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Brandon Thomas $386,250
Previous Owner Yoder Jeremy V $216,000
Previous Owner Naquin Robert J $200,000
Previous Owner Cagwin Daniel $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2020 06/05/20 Sold $270,000 -1.1% $157 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
05/12/2020 05/12/20 Price Changed $273,000 -2.2% $158 / Sq Ft
12/11/2019 12/11/19 Price Changed $279,000 -2.1% $162 / Sq Ft
10/30/2019 10/30/19 For Sale $285,000 -- $165 / 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
2025 $2,231 $499,600 $58,300 $441,300
2024 $1,755 $269,300 $50,600 $218,700
2023 $1,749 $278,048 $50,600 $227,448
2022 $1,721 $278,048 $50,600 $227,448
2021 $1,699 $278,048 $50,600 $227,448
2020 $1,551 $278,048 $50,600 $227,448
2019 $1,477 $219,100 $49,900 $169,200
2018 $1,483 $219,100 $49,900 $169,200
2017 $1,483 $219,100 $49,900 $169,200
2016 $1,386 $219,100 $49,900 $169,200
2014 $1,335 $219,100 $49,900 $169,200
Source: Public Records

Agents Affiliated with this Home

  • Carla Reynolds

    Seller's Agent in 2020

    Carla Reynolds

    NC 12 Realty

    (252) 996-0403

    28 in this area

    126 Total Sales

    Carla Reynolds
    Section Image
  • Trafton Reynolds

    Seller Co-Listing Agent in 2020

    Trafton Reynolds

    NC 12 Realty

    (252) 996-0104

    37 in this area

    145 Total Sales

    Trafton Reynolds
    Section Image

  • *

    Buyer's Agent in 2020

    * **Not a Member

    **Not a Member

See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 107145

Outer Banks Association of REALTORS®

APN: 014822114

North Carolina Dare County Avon

41187 Lakeside Dr, Avon, NC

Not Listed for Sale

Detached

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