NOT LISTED FOR SALE

41375 Ocean View Dr Avon, NC 27915

Estimated Value: $1,738,000 - $2,181,000

7 Beds
7 Baths
5,054 Sq Ft
$375/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $1,775,000 $351 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $10,280/month

57 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Sauna
  • Community Beach Access
  • Heated In Ground Pool
  • Second Refrigerator

About This Home

As of July 2022

Whether you are looking for the perfect year round residence, vacation home or investment opportunity, you do NOT want to miss this incredible 7 bedroom, 7 full bath stunner in the beautiful Kinnakeet Shores in Avon. Located on a LARGE oceanfront lot and minutes from all the shopping, dining and entertainment that the village has to offer, "Southern Sol" boasts the perfect location! Boasting sun decks; covered decks; screened porch; incredible ocean views; private hot tub and private pool; 2 outdoor showers; game room with wet bar; sauna; elevator; LARGE bedrooms (5 are masters!); Beautiful updated kitchen; open upper level with cathedral ceilings, gas fireplace - this list of amenities this home has to offer is nearly endless!! No wonder this property is such a solid rental performer with more than $168K already on the books for 2022 with a limited rental season and more than 20 weeks already booked for 2023!! In fact, the 2022 open calendar Rental Projection shows income potential of more than $176K, and the 2023 Rental Projection (see Assoc. Docs),shows income from $210K to $217K!! This is one you do NOT want to miss. Come and find your "Southern Sol"...visit to today!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 04/11/2022

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 04/11/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,254

Year Built

  • Built in 1997

Lot Details

  • 0.34 Acre Lot
  • Beach Front
  • Level Lot

HOA Fees

  • $46 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 5,054 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Game Room
  • Screened Porch
  • Sauna
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • 7 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 7

Community Details

Overview

  • Association fees include 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

$10,254

Year Built

Built in 1997

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Screened Porch, Sauna, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: Shaded X, X
  • Subdivision Name: Kinnakeet Shores Phase 4
  • Headline: Oceanfront "Southern Sol"
  • Heated Sq Ft: 5054
  • L V T Date: 04/11/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2021: 169945
  • Advertised Income 2022: 168490
  • Deed Book Pg Number: 0887
  • 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, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 7
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar, 1st Flr Ensuite
  • Optional Rooms: Breakfast Nook, Game Room

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: 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: Beach Frontage, Level
  • Lot Number: Lot 7
  • Estimated Lot Size: 0.34
  • Deed Book: 2366

Rental Info

  • Est Annual Rental Income: 217000
  • Estimated Rental Performance: 0.1223
  • Lease Terms: Weekly
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Southern Sol
  • Rental Cottage Number: 925
  • Rental Turnover Day: Saturday
  • Rental Contact Email: kimberley@surforsound.com
  • Rental Contact Name: Kimberley Hutton

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2021
  • Taxes: 10254.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
Jul 26, 2022
Sold by
Obx Investment Company Lc
Bought by
Camilla Ann Llc
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$1,900,000
Sold Price
$1,775,000
Premium/Discount to List
-$125,000
-6.58%
Current Estimated Value
$1,802,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,577
Avg. Annual Appreciation
1.87%
Original Mortgage
$1,420,000
Outstanding Balance
$1,353,356
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$540,015

Purchase Details

Closed on
Apr 6, 2020
Sold by
Kellam Gregory S and Kellam Patricia P
Bought by
Obx Onvestment Company Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,815
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2019
Closed on
Oct 29, 2019
Sold by
Barefootin Llc
Bought by
Kellam Gregory S and Kellam Patricia P
Seller's Agent
Claudia Denelsbeck Laskow
NC 12 Realty
Buyer's Agent
Deanna B. Dorman
Surf or Sound Realty - Rodanthe
List Price
$1,295,000
Sold Price
$1,175,000
Premium/Discount to List
-$120,000
-9.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$600,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2016
Sold by
Hartman John E and Hartman Jill C
Bought by
Barefootin Llc

Purchase Details

Closed on
Jun 4, 2015
Sold by
Hartman John E and Hartman Jill C
Bought by
Barefootin Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Camilla Ann Llc $1,775,000 Dixon & Dixon Law Offices
Obx Onvestment Company Lc -- None Available
Kellam Gregory S $1,175,000 --
Barefootin Llc -- Attorney
Barefootin Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Camilla Ann Llc $1,420,000
Previous Owner Obx Onvestment Company Lc $587,815
Previous Owner Kellam Gregory S $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2022 07/28/22 Sold $1,775,000 -6.6% $351 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $1,900,000 +61.7% $376 / Sq Ft
11/07/2019 11/07/19 Sold $1,175,000 -9.3% $226 / Sq Ft View Prior Sale
09/20/2019 09/20/19 Pending -- -- --
04/13/2019 04/13/19 For Sale $1,295,000 -- $249 / 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 $10,472 $1,779,600 $461,700 $1,317,900
2024 $10,508 $1,231,700 $339,900 $891,800
2023 $10,508 $1,267,372 $339,900 $927,472
2022 $10,381 $1,267,372 $339,900 $927,472
2021 $10,254 $1,267,372 $339,900 $927,472
2020 $7,068 $1,267,372 $339,900 $927,472
2019 $6,575 $979,300 $305,600 $673,700
2018 $6,491 $967,000 $305,600 $661,400
2017 $6,462 $962,700 $305,600 $657,100
2016 $6,064 $962,700 $305,600 $657,100
2014 $6,064 $962,700 $305,600 $657,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 118408

Outer Banks Association of REALTORS®

APN: 014822044