NOT LISTED FOR SALE

41440 Ocean Ln Avon, NC 27915

Avon Neighborhood

Estimated Value: $758,000 - $1,432,000

5 Beds
4.5 Baths
2,312 Sq Ft
$404/Sq Ft Est. Value

Last Sold December 01, 2014

Last sale price $305,000 $132 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $5,377/month

546 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Sun or Florida Room
  • Ocean Front
  • Clubhouse
  • Furnished

About This Home

As of December 2014

A Vacation Home with Lots to Offer !!! Enjoy the wonderful ocean views from the upper sun deck or the covered second floor deck of this semi-oceanfront property. This home has five bedrooms, 4.5 baths, a spacious family/dining/kitchen area with fireplace, a dining area with seating for ten, and is equipped with surround sound & huge TV in the living area. There's also a bonus Florida sun room with seating for four, a wet bar, & an extra icemaker -- perfect for a bright breakfast/brunch or for those late night card players!!! Outside there's two lockable storage areas, an outdoor shower, fish cleaning table, basketball goal, dry entrance into the home, and a private, concrete, inground pool!!! And, there's more -- amenities from the HOA -- community pool, tennis, clubhouse, etc. Great neighborhood for your rental investment !!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 02/11/2013

Last Buyer's Agent

Liz Midgett

Midgett Realty - Avon License #221798

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,755

Year Built

  • Built in 1989

Lot Details

  • 0.34 Acre Lot
  • Ocean Front
  • Level Lot

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Ocean
  • Pond

Home Design

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

Interior Spaces

  • 2,312 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Sun or Florida Room
  • Intercom

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

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

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Tax Lot 19

Community Details

Overview

  • Association fees include common insurance, management, pool, road maintenance, tennis courts, walkways
  • Kinnakeet Shores Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,755

Year Built

Built in 1989

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: From NC 12 South, take left onto Ocean Drive. Past Tern, eighth house on right.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Intercom, Outside Lighting, Outside Shower, Patio, Storage Shed, Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Kinnakeet Shores Phase 4
  • Heated Sq Ft: 2312
  • Potential Short Sale: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: R
  • Deed Book Pg Number: 0150
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Ice Maker Connection, Ensuite, Some Windows Treated, Washer Connection, Wet Bar, Electric Fireplace
  • Optional Rooms: Sun/Florida Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Pond

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Management, Pool, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Clubhouse, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 300

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Level
  • Lot Number: Lot 19
  • Deed Book: 1491

Rental Info

  • Est Annual Rental Income: 37559
  • Estimated Rental Performance: 0.1231
  • Lease Terms: Weekly
  • Rental Co: Midgett Realty
  • Rental Cottage Name: Dolphin Delight
  • Rental Cottage Number: AM419
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2013
  • Taxes: 2754.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2021
Sold by
Wagner Jeffrey W and Wagner Melissa M
Bought by
Wagner Jeffrey W and Wagner Melissa M
Current Estimated Value
$924,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Outstanding Balance
$169,754
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$765,216

Purchase Details

Listed on
Feb 11, 2013
Closed on
Nov 24, 2014
Sold by
Conover William R and Conover Shirley A
Bought by
Wagner Jeffrey and Wagner Melissa
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Liz Midgett
Midgett Realty - Avon
List Price
$399,000
Sold Price
$305,000
Premium/Discount to List
-$94,000
-23.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.00%
Original Mortgage
$244,000
Interest Rate
4.02%
Mortgage Type
New Conventional
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
Wagner Jeffrey W -- None Available
Wagner Jeffrey $305,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Jeffrey W $218,000
Closed Wagner Jeffrey $244,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2014 12/01/14 Sold $305,000 -23.6% $132 / Sq Ft
08/11/2014 08/11/14 Pending -- -- --
02/11/2013 02/11/13 For Sale $399,000 -- $173 / 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 $3,799 $447,300 $173,300 $274,000
2023 $3,799 $458,260 $173,300 $284,960
2022 $3,754 $458,260 $173,300 $284,960
2021 $3,708 $458,260 $173,300 $284,960
2020 $2,556 $458,260 $173,300 $284,960
2019 $2,841 $426,000 $193,100 $232,900
2018 $2,771 $415,700 $193,100 $222,600
2017 $2,936 $439,900 $193,100 $246,800
2016 $2,755 $439,900 $193,100 $246,800
2014 $2,762 $439,900 $193,100 $246,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 77850

Outer Banks Association of REALTORS®

APN: 014822056