NOT LISTED FOR SALE

41237 Ocean Ln Avon, NC 27915

Avon Neighborhood

Estimated Value: $1,087,000 - $1,438,000

5 Beds
3.5 Baths
3,381 Sq Ft
$372/Sq Ft Est. Value

Last Sold January 17, 2017

Last sale price $735,000 $217 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $7,622/month

169 Days on Market

Highlights

  • Beach Front
  • Spa
  • Coastal Architecture
  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of January 2017

Canary Sings boasts spacious, open, bright oceanfront living in the heart of Avon. Due to the spectacular views, it has served successfully as a wedding venue. The cathedral ceilings and wall of windows overlooks the Atlantic Ocean offering memorable sunrises and sunsets. Extras include a loft with views of sunset skies, extensive decks, abundant cool ceramic tile, a well planned kitchen with new granite counter tops and fun beachy furnishings themes throughout. All 5 bedrooms (2 master bedrooms) face the sea, lulling its guests into pleasant slumber with ocean breezes, salty air and sounds of the surf. Not only is this "cottage" conveniently located next to the boardwalk for easy beach access, but also the Avon Pier, Oceanfront Beach Club, Fitness Center and Spa and some area restaurants., all within walking distance. A significant number of guests know this house as their annual vacation home, some for close to 20 years. With new guests and repeat guests, this popular resort home commands an attractive rental income each year. Whether you come as a guest or a potential owner, find out why Canary Sings, again and again does not disappoint.

Last Agent to Sell the Property

Rita Dwight

Surf or Sound Realty - Avon License #187702 Listed on: 06/14/2016

Last Buyer's Agent

Liz Midgett

Midgett Realty - Avon License #221798

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,757

Year Built

  • Built in 1991

Lot Details

  • 0.34 Acre Lot
  • Beach Front

HOA Fees

  • $38 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,381 Sq Ft Home
  • Central Vacuum
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Loft
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 6

Community Details

Overview

  • Kinnakeet Shores Subdivision

Recreation

  • Community Boardwalk
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,757

Year Built

Built in 1991

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Central Vacuum, Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Sun Deck
  • Headline: SPACIOUS BRIGHT RETREAT
  • Heated Sq Ft: 3381
  • L V T Date: 06/15/2016
  • Phase: 5
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R-1
  • Deed Book Pg Number: 0001
  • Office License Number: C7816
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite
  • Optional Rooms: Foyer, Loft
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 450
  • Home Owner Dwelling Insurance: 4140

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Beach Frontage
  • Lot Number: Lot 6
  • Deed Book: 1004

Rental Info

  • Est Annual Rental Income: 91415
  • Estimated Rental Performance: 0.1244
  • Flood Expenses: 710
  • Lease Terms: Weekly
  • Poolspa Expense: 1500
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Canary Sings
  • Rental Cottage Number: 28
  • Rental Phone Number: 252-995-5801
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 1500
  • Annual Electric: 5125
  • Annual Telephone Expense: 920
  • Annual Water Expense: 1235

Building Info

  • Year Built: 1991

Tax Info

  • Year: 2015
  • Taxes: 3757

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2016
Closed on
Jan 13, 2017
Sold by
Sullivan Maureen K
Bought by
Breden Michael A and Breden Thora K
Seller's Agent
Rita Dwight
Surf or Sound Realty - Avon
Buyer's Agent
Liz Midgett
Midgett Realty - Avon
List Price
$799,000
Sold Price
$735,000
Premium/Discount to List
-$64,000
-8.01%
Current Estimated Value
$1,281,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$546,808
Avg. Annual Appreciation
6.47%
Original Mortgage
$588,000
Outstanding Balance
$488,825
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$768,881
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
Breden Michael A $735,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breden Michael A $588,000
Previous Owner Sullivan Maureen K $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2017 01/17/17 Sold $735,000 -8.0% $217 / Sq Ft
11/30/2016 11/30/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $799,000 -- $236 / 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 $6,795 $799,400 $339,900 $459,500
2023 $6,780 $817,780 $339,900 $477,880
2022 $6,698 $817,780 $339,900 $477,880
2021 $6,632 $817,780 $339,900 $477,880
2020 $4,561 $817,780 $339,900 $477,880
2019 $4,167 $626,000 $305,600 $320,400
2018 $4,173 $626,900 $305,600 $321,300
2017 $4,004 $602,000 $305,600 $296,400
2016 $3,757 $602,000 $305,600 $296,400
2014 $3,757 $602,000 $305,600 $296,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 92773

Outer Banks Association of REALTORS®

APN: 014822006