NOT LISTED FOR SALE

41439 Ocean Ln Avon, NC 27915

Avon Neighborhood

Estimated Value: $1,454,000 - $2,213,000

6 Beds
6.5 Baths
3,901 Sq Ft
$494/Sq Ft Est. Value

Last Sold July 13, 2015

Last sale price $1,125,000 $288 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $11,589/month

67 Days on Market

Highlights

  • Beach Front
  • Home Theater
  • Second Refrigerator
  • Ocean View
  • In Ground Pool
  • Main Floor Bedroom

About This Home

As of July 2015

Spectacular oceanfront home with panoramic ocean views. Magic Moments is a premier oceanfront home in mint condition. Large, gourmet kitchen. Spacious, open living area with gas fireplace. 5 master bedrooms. Exceptionally well-equipped game room with wet bar & kitchenette. 12 seat home theatre with a large screen & stadium seating. Oceanfront pool, hot tub & Tiki Bar surrounded by brick apron. Rental income exceeds $128,000. Magic Moments needs to be seen to fully appreciate its views, condition & amenities. Be sure to put Magic Moments at the top of your list of "must see" oceanfront homes.

Last Agent to Sell the Property

Tom Hranicka

NC 12 Realty License #135133 Listed on: 03/10/2015

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,430

Year Built

  • Built in 2013

Lot Details

  • 0.34 Acre Lot
  • Beach Front
  • Level Lot

HOA Fees

  • $38 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,901 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Home Theater
  • Game Room
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Tuck Under Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Tax Lot 3

Community Details

Overview

  • Association fees include common electric, common insurance, pool, taxes, tennis courts, walkways
  • Built by Albaugh
  • Kinnakeet Shores Subdivision

Amenities

  • Common Area

Recreation

  • Community Boardwalk
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,430

Year Built

Built in 2013

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Elevator, Hot Tub, Outside Lighting, Outside Shower, Security System, Smoke Detector(s), Sun Deck, Tiki Bar
  • Flood Zone: AE, VE
  • Subdivision Name: Kinnakeet Shores
  • Heated Sq Ft: 3901
  • Phase: 4
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R-1
  • Deed Book Pg Number: 0381
  • 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: 6
  • Bedroom 1: On Level: 2
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 1
  • Bedroom 6: On Level: 3
  • Kitchen: On Level: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Gas Fireplace, Ensuite, Pantry, Wet Bar
  • Dining Room: On Level: 3
  • Living Room: On Level: 3
  • Optional Rooms: Game Room, Home Theater
  • Partial Bathrooms: 1
  • Optional Room 1: Theatre, On Level: 1

Exterior Features

  • Homebuilder: Albaugh
  • Construction: Frame, Wood
  • Covered Deck Size: Yes
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: Yes
  • View: Ocean

Garage/Parking

  • Parking: Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Pool, Taxes, Tennis Courts, Walkways
  • Association Amenities: Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Sound Access, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 450
  • Home Owner Dwelling Insurance: 6475

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Beach Frontage, Level
  • Lot Number: Lot 3
  • Deed Book: 1942

Rental Info

  • Est Annual Rental Income: 128360
  • Estimated Rental Performance: 0.1141
  • Flood Expenses: 530
  • Lease Terms: Weekly
  • Other Expenses: 1381
  • Other Expenses2: 1166
  • Poolspa Expense: 4760
  • Rental Co: Outer Beaches Realty
  • Rental Cottage Name: Magic Moments
  • Rental Cottage Number: 999
  • Rental Phone Number: 252-995-4477
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 2130
  • Annual Electric: 5807
  • Annual Telephone Expense: 852
  • Annual Water Expense: 1004

Building Info

  • Year Built: 2013

Tax Info

  • Year: 2014
  • Taxes: 6430.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2022
Sold by
Patel Nimishabe C and Patel Anurag
Bought by
Jmb Realty Management Llc
Total Days on Market
67
Current Estimated Value
$1,970,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,580,000
Outstanding Balance
$1,514,622
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$413,776

Purchase Details

Closed on
Dec 10, 2020
Sold by
Patel Nimishabe and Patel Anurag
Bought by
Patel Nimishabe and Patel Nimesh C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2019
Sold by
Douglas Goldsmith Llc
Bought by
Patel Nimisha and Patel Anurag

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$833,333
Interest Rate
4.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 3, 2016
Sold by
Goldsmith Douglas and Goldsmith Kimberlee
Bought by
Douglas Goldsmith Llc

Purchase Details

Listed on
Feb 21, 2012
Closed on
May 10, 2012
Sold by
Garron Ken and Garron Carolyn E
Bought by
Harris Jon E and Harris Melanie S
Seller's Agent
Dan Johnson
Midgett Realty - Hatteras
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$345,000
Sold Price
$300,000
Premium/Discount to List
-$45,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.03%
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
Jmb Realty Management Llc $11,850,000 Casey & Robbins Pc
Patel Nimishabe -- Stewart Title Guaranty Co
Patel Nimisha $1,111,500 --
Douglas Goldsmith Llc -- Attorney
Harris Jon E $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jmb Realty Management Llc $1,580,000
Previous Owner Patel Nimishabe $825,000
Previous Owner Patel Nimisha $833,333
Previous Owner Harris John E $410,000
Previous Owner Harris John E $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2015 07/13/15 Sold $1,125,000 -13.3% $288 / Sq Ft
05/16/2015 05/16/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $1,298,000 +332.7% $333 / Sq Ft
05/10/2012 05/10/12 Sold $300,000 -13.0% --
04/14/2012 04/14/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $345,000 -- --
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 $9,770 $1,143,000 $339,900 $803,100
2023 $4,578 $1,175,124 $339,900 $835,224
2022 $9,625 $1,175,124 $339,900 $835,224
2021 $9,534 $1,175,124 $339,900 $835,224
2020 $6,554 $1,175,124 $339,900 $835,224
2018 $6,853 $1,020,000 $305,600 $714,400
2017 $6,853 $1,020,000 $305,600 $714,400
2016 $6,430 $1,020,000 $305,600 $714,400
2014 $6,430 $1,020,000 $305,600 $714,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 87088

Outer Banks Association of REALTORS®

APN: 014822040