NOT LISTED FOR SALE

41228 Ocean View Dr Avon, NC 27915

Avon Neighborhood

Estimated Value: $764,000 - $912,000

6 Beds
3 Baths
2,232 Sq Ft
$374/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $600,000 $269 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,140/month

50 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Cathedral Ceiling
  • Ocean Front
  • Coastal Architecture
  • Furnished

About This Home

As of May 2021

Whether you are looking for a year-round residence, the perfect vacation home or an investment opportunity, you owe it to yourself to visit "Terrapin East"!! This beautifully decorated and maintained 6 bedroom/ 3 full bath home boasts the perfect location - just steps from the beach via the community boardwalk directly across the street, while just minutes away from all the shopping, dining and entertainment that the village of Avon has to offer! As part of the beautiful Kinnakeet Shores subdivision, you are also just a stroll away from the community pool, tennis courts and sound access as well! But this property offers so many amenities, you may never want to leave your own little piece of paradise - garage; storage; dry entry; DUAL outdoor showers; private pool and hot tub; sun decks; covered decks; LARGE bedrooms; great room with cathedral ceiling; beautiful kitchen with stainless appliances; gorgeous vinyl plank flooring and outstanding ocean views...the list goes on and on. No wonder this home is such a stellar rental performer with more than $65K already on the books for 2021!! Recent improvements include new HVAC units and new roof - check out the complete list in Associated Docs. Don't miss this opportunity....plan now to make your way to "Terrapin East"... VISIT TODAY!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 02/26/2021

Last Buyer's Agent

Dottie Reed

NC 12 Realty License #189956

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,784

Year Built

  • Built in 1994

Lot Details

  • 0.34 Acre Lot
  • Ocean Front
  • Level Lot

HOA Fees

  • $46 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,232 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Ocean Views
  • Washer

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private Sewer

Listing and Financial Details

  • Tax Lot 32

Community Details

Overview

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

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,784

Year Built

Built in 1994

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, Outside Lighting, Outside Shower, Storage Shed, Sun Deck, Dry Entry
  • Flood Zone: X
  • Subdivision Name: Kinnakeet Shores Phase 5
  • Headline: CHARMING SEMI-OCEANFRONT!!
  • Heated Sq Ft: 2232
  • L V T Date: 02/26/2021
  • Phase: 5
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Advertised Income 2020: 60662
  • Advertised Income 2021: 65619
  • Deed Book Pg Number: 2006
  • 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, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 6
  • Floor Coverings: Ceramic Tile, Vinyl, Plank
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Some Windows Treated

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Attached
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Sound Access, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 550
  • Hoa Contact: Pat Weston
  • HOA Contact: 252-305-1705

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Level
  • Lot Number: Lot 32
  • Estimated Lot Size: 0.34
  • Deed Book: 0570

Rental Info

  • Est Annual Rental Income: 54789
  • Estimated Rental Performance: 0.0913
  • Lease Terms: Weekly
  • Rental Co: Midgett Realty
  • Rental Cottage Name: Terrapin East
  • Rental Cottage Number: AM325
  • Rental Turnover Day: Saturday
  • Rental Contact Email: kareng@midgettrealty.com
  • Rental Contact Name: Karen Greenwood

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2020
  • Taxes: 2784.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 30, 2021
Sold by
Mclaughlin William K and Mclaughlin Mary E
Bought by
Slater J Todd
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Dottie Reed
NC 12 Realty
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%
Current Estimated Value
$867,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,475
Avg. Annual Appreciation
8.13%
Original Mortgage
$480,000
Outstanding Balance
$438,048
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$395,736

Purchase Details

Closed on
Feb 9, 2015
Sold by
Radev Stanislav M and Radev Amy E
Bought by
Mclaughlin William K and Mclaughlin Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2012
Sold by
New York Community Bank
Bought by
Radev Amy E and Radev Stanislav M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2011
Sold by
Casini Nicholas P and Casini Janice B
Bought by
New York Community Bank
Source: Public Records

Range of Values:

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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
Slater J Todd $600,000 None Available
Mclaughlin William K -- None Available
Radev Amy E $320,000 None Available
New York Community Bank $427,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slater J Todd $480,000
Previous Owner Mclaughlin William K $310,000
Previous Owner Mclaughlin William K $342,000
Previous Owner Radev Amy E $176,000
Previous Owner Casini Nicholas P $600,000
Previous Owner Casini Nicholas $502,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $600,000 -7.7% $269 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $650,000 0.0% $291 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $650,000 0.0% $291 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $650,000 -- $291 / 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 $4,129 $485,500 $173,300 $312,200
2023 $4,129 $497,988 $173,300 $324,688
2022 $4,079 $497,988 $173,300 $324,688
2021 $4,039 $497,988 $173,300 $324,688
2020 $2,777 $497,988 $173,300 $324,688
2019 $2,819 $422,800 $193,100 $229,700
2018 $2,826 $422,800 $193,100 $229,700
2017 $2,819 $422,800 $193,100 $229,700
2016 $2,645 $422,800 $193,100 $229,700
2014 $2,503 $400,600 $193,100 $207,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113068

Outer Banks Association of REALTORS®

APN: 014822032