NOT LISTED FOR SALE

41193 Portside Dr Avon, NC 27915

Avon Neighborhood

Estimated Value: $799,000

0.44 Acre
$1,832,569 Price per Acre
18,992 Sq Ft Lot

Last Sold July 19, 2012

Last sale price $37,000

Est. 2,059% increase in value since last sale

Current estimated payment $4,406/month

66 Days on Market

Highlights

  • Community Beach Access
  • Views of a Sound
  • Wooded Lot

About This Lot

As of July 2012

Enjoy the Kinnakeet Shores lifestyle...

Last Agent to Sell the Property

April Contestable

Brindley Beach Vacations & Sal License #190635 Listed on: 04/03/2012

Last Buyer's Agent

Peter Groom

Default, Office License #187950

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $17 Monthly HOA Fees

Additional Features

  • Views of a Sound
  • Wooded Lot

Listing and Financial Details

  • REO, home is currently bank or lender owned

Community Details

Overview

  • Kinnakeet Shores Subdivision

Recreation

  • Community Beach Access

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Class: LOTS/LAND
  • Bank Owned: Yes
  • Directions: Into Kinnakeet Shores left on Portside, lot on left.
  • Flood Zone: AE
  • Subdivision Name: Kinnakeet shores Phase 17
  • Headline: Bank owned
  • Phase: 17
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 0029
  • Special Features: 20
  • Property Sub Type: LotsLands

Exterior Features

  • View: Sound

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 200

Lot Info

  • Lot Description: Wooded
  • Lot Faces: W
  • Deed Book: 1845
  • Unit/Lot Number: Lot 1715

Tax Info

  • Year: 2011
  • Taxes: 1051.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2012
Closed on
Jul 17, 2012
Sold by
First South Bank
Bought by
Gruss Charles M and Gruss Christina M
Seller's Agent
April Contestable
Brindley Beach Vacations & Sal
Buyer's Agent
Peter Groom
Default, Office
List Price
$45,000
Sold Price
$37,000
Premium/Discount to List
-$8,000
-17.78%
Current Estimated Value
$799,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$762,000
Original Mortgage
$31,450
Outstanding Balance
$22,125
Interest Rate
3.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 4, 2010
Sold by
Kinnakeet Partners Llc
Bought by
First South Bank

Purchase Details

Closed on
Dec 20, 2005
Sold by
Melzi Percy G and Melzi Frida M
Bought by
Kinnakeet Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
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
Gruss Charles M $37,000 None Available
First South Bank $127,370 None Available
Kinnakeet Partners Llc $320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gruss Charles M $31,450
Previous Owner Kinnakeet Partners Llc $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2012 07/19/12 Sold $37,000 -17.8% --
06/08/2012 06/08/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $45,000 -- --
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
2024 $423 $67,200 $67,200 $0
2023 $423 $67,200 $67,200 $0
2022 $416 $67,200 $67,200 $0
2021 $409 $67,200 $67,200 $0
2020 $375 $67,200 $67,200 $0
2019 $351 $54,000 $54,000 $0
2018 $351 $54,000 $54,000 $0
2017 $351 $54,000 $54,000 $0
2016 $329 $54,000 $54,000 $0
2014 $329 $54,000 $54,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 74368

Outer Banks Association of REALTORS®

APN: 014822147