NOT LISTED FOR SALE

41188 Yardarm Ct Avon, NC 27915

Avon Neighborhood

Estimated Value: $877,000 - $964,000

6 Beds
5.5 Baths
3,240 Sq Ft
$285/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $551,000 $170 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,536/month

23 Days on Market

Highlights

  • Community Beach Access
  • Lake Front
  • 0.78 Acre Lot
  • Ocean View
  • In Ground Pool
  • Second Refrigerator

About This Home

As of November 2020

If waterfront living and incredible views are what you are looking for...then "Tequila Sunset" is the home for you!! This lakefront stunner in Kinnakeet Shores offers 6 bedrooms, 5 full baths and 1 half bath! Three levels of expansive dekcs offer gorgeous lake views, plus ocean and sound views from the top level. This home truly has it all...spacious open floor plan; game room with wet bar and full size refrigerator and microwave; loft; screened porch; gas fireplace; plus views, views, VIEWS!! Move outside to enjoy your private hot tub, heated private pool and LARGE 34,000 sqft lot!! You can launch your kayak or SUP from your owne backyard and enjoy all the watersports your heart desires. All this plus the Kinnakeet Shores community pool, fit trails and tennis courts are within walking distance!! Located in the heart of Avon, this beautifully maintained home is just minutes from all the shopping, dining and entertainment that this vibrant village has to offer. No wonder this property is such a stellar rental performer with ROI of more than 10%!! Don't let another sunset pass you by...come and visit "Tequila Sunset" today!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 09/04/2020

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,015

Year Built

  • Built in 2004

Lot Details

  • 0.78 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $46 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
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,240 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Loft
  • Game Room
  • Screened Porch

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under 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 Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 1725

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, sewer/septic, 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

$3,015

Year Built

Built in 2004

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Patio, Screened Porch, Sun Deck, Dry Entry
  • Flood Zone: AE
  • Subdivision Name: Kinnakeet Shores - PH 17
  • Headline: LAKEFRONT STUNNER!!
  • Heated Sq Ft: 3240
  • L V T Date: 09/04/2020
  • Phase: 17
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Lakefront
  • Zoning: Res
  • Advertised Income 2020: 61155
  • Advertised Income 2021: 13165
  • Deed Book Pg Number: 0265
  • 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 w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Pantry, Wet Bar
  • Optional Rooms: Foyer, Game Room, Loft
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, 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, Salt Marsh

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Forced Air, Heat Pump
  • Fuel Tanks: Leased
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Sewer/Septic, 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

Lot Info

  • Estimated Lot Sq Ft: 34000
  • Lot Description: Cul-de-sac, Level, Water Frontage
  • Lot Number: Lot 1725
  • Estimated Lot Size: 0.78
  • Deed Book: 2206

Rental Info

  • Est Annual Rental Income: 61155
  • Estimated Rental Performance: 0.111
  • Lease Terms: Weekly
  • Rental Co: Midgett Realty
  • Rental Cottage Name: Tequila Sunset
  • Rental Cottage Number: A1725
  • Rental Turnover Day: Saturday
  • Rental Contact Email: kareng@midgettrealty.com
  • Rental Contact Name: Karen Greenwood

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2020
  • Taxes: 3015.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Nov 12, 2020
Sold by
Howard Allan D and Howard Tamara K
Bought by
Stevens James Edward and Stevens Edward Lori
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$578,000
Sold Price
$551,000
Premium/Discount to List
-$27,000
-4.67%
Current Estimated Value
$951,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,032
Avg. Annual Appreciation
11.53%
Original Mortgage
$401,000
Outstanding Balance
$360,880
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$562,333

Purchase Details

Listed on
Jul 8, 2016
Closed on
Nov 17, 2017
Sold by
Sergent Kevin B and Sergent Renee M
Bought by
Howard Allan D and Howard Tamara K
Seller's Agent
Liz Midgett
Midgett Realty - Avon
Buyer's Agent
Holleay Parcker
Spinnaker Realty, LLC
List Price
$528,000
Sold Price
$457,000
Premium/Discount to List
-$71,000
-13.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
Jan 9, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Sargent Kevin B and Sargent Renee M

Purchase Details

Closed on
Sep 6, 2008
Sold by
Chesley Lloyd E and Chesley Tracy P
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Apr 13, 2006
Sold by
Hardee Cathy H and Hardee Alfred D
Bought by
Chesley Lloyd E and Chesley Tracy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.41%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Stevens James Edward $551,000 None Available
Howard Allan D $457,000 None Available
Sargent Kevin B $515,000 None Available
Deutsche Bank National Trust Co $812,503 None Available
Chesley Lloyd E $979,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens James Edward $401,000
Previous Owner Chesley Lloyd E $749,999
Previous Owner Chesley Lloyd E $195,800
Previous Owner Chesley Lloyd E $100,000
Previous Owner Chesley Lloyd E $734,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $551,000 -4.7% $170 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $578,000 +26.5% $178 / Sq Ft
11/21/2017 11/21/17 Sold $457,000 0.0% $139 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
07/31/2017 07/31/17 Off Market $457,000 -- --
07/21/2017 07/21/17 Price Changed $479,000 -2.0% $146 / Sq Ft
07/03/2017 07/03/17 Price Changed $489,000 -1.0% $149 / Sq Ft
05/30/2017 05/30/17 Price Changed $494,000 -6.4% $151 / Sq Ft
07/08/2016 07/08/16 For Sale $528,000 -- $161 / 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 $3,401 $522,700 $74,700 $448,000
2023 $3,401 $540,620 $74,700 $465,920
2022 $3,347 $540,620 $74,700 $465,920
2021 $3,293 $540,620 $74,700 $465,920
2020 $3,015 $540,620 $74,700 $465,920
2019 $3,142 $463,900 $59,900 $404,000
2018 $3,142 $463,900 $59,900 $404,000
2017 $3,142 $463,900 $59,900 $404,000
2016 $2,949 $463,900 $59,900 $404,000
2014 $2,949 $463,900 $59,900 $404,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110857

Outer Banks Association of REALTORS®

APN: 014822157