NOT LISTED FOR SALE

41466 Portside Dr Avon, NC 27915

Avon Neighborhood

Estimated Value: $1,246,000 - $1,717,000

8 Beds
11 Baths
4,547 Sq Ft
$326/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $1,715,000 $377 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $8,643/month

23 Days on Market

Highlights

  • Community Beach Access
  • Home fronts a sound
  • Heated In Ground Pool
  • Views of a Sound
  • Home Theater
  • Second Refrigerator

About This Home

As of June 2022

THIS PROPERTY WILL BE A RENTAL POWERHOUSE!!! If you are looking for the PERFECT investment opportunity, look no further than "Beaches Be Crazy". This soon to be finished new construction in the upscale Kinnakeet Shores subdivision of Avon boasts incredible sound views; 8 bedrooms - all masters with their own bathrooms; 3 additional half baths; private heated pool and hot tub; sun decks; covered decks; game room with wet bar; media room; mid-level den; dual carports; elevator; incredible open floor plan; cathedral ceilings; granite countertops...the list is nearly endless, AND this home will be sold fully furnished with high end finishes and appliances!! Add in the perfect location - steps from the community boardwalk to the sound, a stroll to the community pool and tennis courts and minutes from all the shopping, dining and entertainment that Avon has to offer....this property will be unbeatable!! No wonder there is already more than $112K in rents booked for 2022. In fact our rental projection with open calendar projects rents of more than $183K!!! Don't let this opportunity pass you by...come and visit today!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 03/18/2022

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 03/18/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,840

Year Built

  • Built in 2022

Lot Details

  • 3,000 Sq Ft Lot
  • Home fronts a sound
  • Property fronts a private road
  • Lot includes common area
  • Level Lot

HOA Fees

  • $88 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 4,547 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Home Theater
  • Game Room
  • Views of a Sound

Kitchen

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

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

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
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot Site 13

Community Details

Overview

  • Association fees include common insurance, grounds maintenance, management, pool, road maintenance, tennis courts, walkways
  • Pat Weston Association, Phone Number (252) 305-1705
  • Kinnakeet Shores Subdivision

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,840

Year Built

Built in 2022

Lot Details

0

HOA Fees

$88 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Outside Lighting, Outside Shower, Sun Deck, Inside Laundry Room
  • Flood Zone: AE, Shaded X, X
  • Subdivision Name: Kinnakeet Shores Phase 22
  • Headline: NEW CONSTRUCTION!!!
  • Heated Sq Ft: 4547
  • L V T Date: 03/18/2022
  • Phase: 22
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Advertised Income 2022: 112087
  • Deed Book Pg Number: 0526
  • 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: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Ceramic Tile, Vinyl, Plank
  • Foundation: Piling
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ensuite, Pantry, Wet Bar, 1st Flr Ensuite
  • Optional Rooms: Foyer, Game Room, Media Room
  • Partial Bathrooms: 3

Exterior Features

  • Construction: Frame, Wood
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Heated, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Sound, Salt Marsh

Garage/Parking

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

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Forced Air, Heat Pump
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 1050
  • Hoa Contact: Pat Weston
  • HOA Contact: 252-305-1705

Lot Info

  • Estimated Lot Sq Ft: 3000
  • Lot Description: Adj to Park Serv./Preserv, Adj. To Common Area, Level
  • Lot Number: Lot Site 13
  • Estimated Lot Size: 0.07
  • Deed Book: 2246

Rental Info

  • Est Annual Rental Income: 105423
  • Estimated Rental Performance: 0.0615
  • Lease Terms: Weekly
  • Rental Co: Midgett Realty
  • Rental Cottage Name: Beaches Be Crazy
  • Rental Cottage Number: A1322
  • Rental Turnover Day: Saturday
  • Rental Contact Email: kareng@midgettrealty.com
  • Rental Contact Name: Karen Greenwood

Building Info

  • Year Built: 2022

Tax Info

  • Year: 2021
  • Taxes: 2839.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2025
Sold by
Giordanella Silvana E
Bought by
Seg Beach House Llc
Current Estimated Value
$1,480,920

Purchase Details

Listed on
Mar 18, 2022
Closed on
May 17, 2022
Sold by
Doyle Michael L
Bought by
Giordanella Silvana E
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$1,800,000
Sold Price
$1,715,000
Premium/Discount to List
-$85,000
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.40%
Original Mortgage
$1,200,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2017
Closed on
Jun 21, 2018
Sold by
Letchford James E and Letchford Ellen V
Bought by
Doyle Michael L
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Michael Wynn
Sun Realty - Avon
List Price
$125,000
Sold Price
$90,000
Premium/Discount to List
-$35,000
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
111.69%

Purchase Details

Listed on
Jan 19, 2015
Closed on
Apr 28, 2016
Sold by
Patel Yogesh R and Patel Ananta Y
Bought by
Letchford James E and Letchford Ellen V
Seller's Agent
Misty Gillikin
ROG OBX, Inc
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$99,000
Sold Price
$76,000
Premium/Discount to List
-$23,000
-23.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$27,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2011
Sold by
Lee Linda J
Bought by
Patel Yogesh R and Patel Ananta Y
Source: Public Records

Range of Values:

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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
Seg Beach House Llc -- None Listed On Document
Giordanella Silvana E $10,290,000 Dixon & Dixon Law Offices Pllc
Doyle Michael L $450,000 --
Letchford James E $76,000 None Available
Patel Yogesh R $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giordanella Silvana E $1,200,500
Previous Owner Letchford James E $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $1,715,000 -4.7% $377 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $1,800,000 +1900.0% $396 / Sq Ft
06/29/2018 06/29/18 Sold $90,000 -9.1% --
04/15/2018 04/15/18 Pending -- -- --
03/24/2018 03/24/18 Price Changed $99,000 -20.8% --
10/31/2017 10/31/17 For Sale $125,000 +64.5% --
05/13/2016 05/13/16 Sold $76,000 -23.2% --
03/31/2016 03/31/16 Pending -- -- --
01/19/2015 01/19/15 For Sale $99,000 -- --
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 $6,022 $957,200 $85,000 $872,200
2023 $6,022 $957,200 $85,000 $872,200
2022 $3,965 $640,500 $85,000 $555,500
2021 $2,840 $466,200 $85,000 $381,200
2020 $1,722 $308,700 $85,000 $223,700
2019 $415 $64,000 $64,000 $0
2018 $415 $64,000 $64,000 $0
2017 $415 $64,000 $64,000 $0
2016 $390 $64,000 $64,000 $0
2014 $390 $64,000 $64,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 118064

Outer Banks Association of REALTORS®

APN: 014822241