NOT LISTED FOR SALE

41380 Ocean Ln Avon, NC 27915

Avon Neighborhood

Estimated Value: $867,000 - $1,143,000

5 Beds
4 Baths
2,778 Sq Ft
$348/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $469,000 $169 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $5,577/month

168 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • Contemporary Architecture
  • Home Theater
  • Rooftop Deck
  • Furnished

About This Home

As of July 2015

This well maintained vacation home is packed with amenities and with its excellent rental numbers and affordable price Carolina Prince is an outstanding value in today's market. Features that keep vacationers coming back include a nice game room with pool table, plush theater room, large heated pool and sun deck area, crow's nest with ocean to sound views, and location across from the boardwalk to the beach. There are comfortable furnishings throughout, two master bedrooms, lovely open floor plan and lots of deck access on both levels. A metal roof tops off this low maintenance home.

Last Agent to Sell the Property

Steven Dwight

Default, Office License #187703 Listed on: 01/26/2015

Co-Listed By

Rita Dwight

Surf or Sound Realty - Avon License #187702

Last Buyer's Agent

Jeff Kluger

Coldwell Banker Seaside Realty KH License #275932

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,186

Year Built

  • Built in 1996

Lot Details

  • Ocean Front
  • Property is zoned R1

HOA Fees

  • $38 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Metal Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,778 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Home Theater
  • Game Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Pool

  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Rooftop Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 16

Community Details

Overview

  • Kinnakeet Shores Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,186

Year Built

Built in 1996

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Extras: Boardwalk to Beach, Hot Tub, Outside Shower, Sun Deck, Roof Top Deck
  • Flood Zone: AE
  • Subdivision Name: Kinnakeet Shores
  • Headline: 11% GRIP Semi-Oecanfront
  • Heated Sq Ft: 2778
  • Phase: 4
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: R1
  • Deed Book Pg Number: 0040
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Floor Coverings: Carpet, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings
  • Optional Rooms: Game Room, Home Theater

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Private Pool
  • Roof: Metal
  • View: Ocean, Sound

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 450

Lot Info

  • Lot Faces: East
  • Lot Size: 15,000 sf
  • Lot Number: Lot 16
  • Deed Book: 1025

Rental Info

  • Est Annual Rental Income: 55220
  • Estimated Rental Performance: 0.1177
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Carolina Prince
  • Rental Cottage Number: 459
  • Rental Phone Number: 995-5801
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1996

Tax Info

  • Year: 2015
  • Taxes: 3186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2020
Sold by
Pancza Robert and Carlino Joyce D
Bought by
Luce John Phillip and Luce Maria
Current Estimated Value
$966,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Outstanding Balance
$367,070
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$625,025

Purchase Details

Listed on
Jan 26, 2015
Closed on
Jul 21, 2015
Sold by
Prince Larry S and Prince Susan K
Bought by
Pancza Robert and Carlino Joyce D
Seller's Agent
Steven Dwight
Default, Office
Buyer's Agent
Jeff Kluger
Coldwell Banker Seaside Realty KH
List Price
$499,000
Sold Price
$469,000
Premium/Discount to List
-$30,000
-6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
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
Luce John Phillip $570,000 None Available
Pancza Robert -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luce John Phillip $456,000
Previous Owner Prince Larry S $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2015 07/24/15 Sold $469,000 -6.0% $169 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $499,000 -- $180 / 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 $4,934 $577,300 $173,300 $404,000
2023 $4,920 $593,460 $173,300 $420,160
2022 $4,861 $593,460 $173,300 $420,160
2021 $4,802 $593,460 $173,300 $420,160
2020 $3,395 $593,460 $173,300 $420,160
2019 $3,395 $507,300 $193,100 $314,200
2018 $0 $507,300 $193,100 $314,200
2017 $3,395 $507,300 $193,100 $314,200
2016 $3,186 $507,300 $193,100 $314,200
2014 $3,186 $507,300 $193,100 $314,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 86495

Outer Banks Association of REALTORS®

APN: 014822053