NOT LISTED FOR SALE

41439 Ocean View Dr Avon, NC 27915

Avon Neighborhood

Estimated Value: $1,589,000 - $2,223,000

6 Beds
6.5 Baths
3,984 Sq Ft
$490/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $1,975,000 $496 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $11,227/month

31 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • In Ground Pool
  • Community Beach Access
  • Home Theater
  • Second Refrigerator

About This Home

As of August 2022

Magic Moments is where your beach vacation dreams come true! Its rental income is pretty spectacular as well! $224,000 in gross rental income in '21 and already $199,823 so far for '22 with room to grow. This beautiful beachfront home boasts six spacious primary bedrooms, a home theater, game room, private pool, hot tub, and chef's kitchen. On the first level, you are greeted with a game room equipped with a pool table, a newer foosball table and arcade games. You can also relax by watching a movie in the home theater room with tiered reclining theatre seats. There is also a master bedroom with two bunks on this level. Step outside just past the shaded covered deck and take a dip in the private pool, have a drink by the tiki bar, or enjoy an evening soaking away the day in the hot tub that sits on a raised platform giving you views of the beautiful starry night sky that can only be found on Hatteras Island or the glowing phosphorescence floating in the ocean. The second floor offers four more large primary bedrooms and a laundry room with two sets of stackable washers and dryers. Each bedroom has access to the covered deck that offers beautiful ocean views. Make your way to the top floor to experience the sweeping ocean views from all rooms. The upscale kitchen offers granite countertops and a brand new commercial oven/range. On this level, you will also find a king master suite with access to the oceanfront sundeck. Not only is the oceanfront location fantastic, but you'll also love being situated in the heart of Avon, surrounded by the Avon Pier, Koru Village Beach Klub, grocery store and many shops and restaurants. The owners have lovingly maintained the home and made many upgrades within the past year, including the storm-resistant rigid fence and storm shutters on the first floor for added pool and home protection, new stackable washers/dryers, microwave, ice machine and much more. A great vacation home and investment, make Magic Moments yours today!

Last Agent to Sell the Property

Jennifer Bell

NC 12 Realty License #260665 Listed on: 06/16/2022

Last Buyer's Agent

Melissa Curry

SAGA Realty and Construction License #330672

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,533

Year Built

  • Built in 2013

Lot Details

  • Beach Front
  • Level Lot

HOA Fees

  • $46 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,984 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Home Theater
  • Game Room
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

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

Accessible Home Design

  • Handicap Accessible

Pool

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

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 3

Community Details

Overview

  • Association fees include common insurance, grounds maintenance, 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

$9,533

Year Built

Built in 2013

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From NC 12 Hwy in Avon turn east onto Yucca Street then turn left onto Ocean View Drive. Third house on the right.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: $200K in Rental Income!
  • Heated Sq Ft: 3984
  • L V T Date: 06/16/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R-1
  • Advertised Income 2020: 192019
  • Advertised Income 2021: 224751
  • Advertised Income 2022: 199823
  • Deed Book Pg Number: 0310
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C24757
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer, Wine Cooler
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Plank
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Pantry, Utility Room, Home Theater
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Private Pool, Association Pool
  • 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

  • HOA Fee Includes: Common Insurance, Grounds Maintenance, 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
  • Home Owner Dwelling Insurance: 1396

Lot Info

  • Lot Description: Beach Frontage, Level
  • Lot Number: Lot 3
  • Deed Book: 2542

Rental Info

  • Flood Expenses: 2373
  • Lease Terms: Weekly
  • Other Expenses: 393
  • 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
  • Rental Contact Email: leigh.gardner@outerbeaches.com
  • Rental Contact Name: Leigh Gardner
  • Rental Contact Phone: 252-995-7377

Building Info

  • Year Built: 2013

Tax Info

  • Year: 2021
  • Taxes: 9533

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 24, 2022
Sold by
Patel Nimishabe C and Patel Anurag
Bought by
Jmb Realty Management Llc
Seller's Agent
Jennifer Bell
NC 12 Realty
Buyer's Agent
Melissa Curry
SAGA Realty and Construction
List Price
$2,199,000
Sold Price
$1,975,000
Premium/Discount to List
-$224,000
-10.19%
Total Days on Market
31
Current Estimated Value
$1,953,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,620
Avg. Annual Appreciation
-0.05%
Original Mortgage
$1,580,000
Outstanding Balance
$1,522,635
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$449,576

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

Listed on
Mar 24, 2019
Closed on
Jul 31, 2019
Sold by
Douglas Goldsmith Llc
Bought by
Patel Nimisha and Patel Anurag
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Kristine Bergin
Pirates Cove Realty
List Price
$1,225,000
Sold Price
$1,111,111
Premium/Discount to List
-$113,889
-9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
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

Closed on
May 10, 2012
Sold by
Garron Ken and Garron Carolyn E
Bought by
Harris Jon E and Harris Melanie S
Source: Public Records

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Range of Values:

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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
08/24/2022 08/24/22 Sold $1,975,000 -10.2% $496 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $2,199,000 +97.9% $552 / Sq Ft
08/02/2019 08/02/19 Sold $1,111,111 -9.3% $285 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
03/24/2019 03/24/19 For Sale $1,225,000 -- $314 / 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 $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: 119315

Outer Banks Association of REALTORS®

APN: 014822040