NOT LISTED FOR SALE

41531 Ocean Ln Avon, NC 27915

Estimated Value: $1,111,000 - $1,306,000

5 Beds
6 Baths
2,922 Sq Ft
$419/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $620,000 $212 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $6,972/month

310 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Coastal Architecture
  • Community Beach Access
  • Spa
  • Cathedral Ceiling

About This Home

As of August 2016

THE LIVING IS EASY AT BEAUTIFUL KINNAKEET SHORES OCEANFRONT DREAMCATCHER. SUPERB VACATION DESIGN, PERFECT BUILD BY FINCH AND COMPANY, AND EXCELLENT MAINTENANCE BY OWNERS MAKE THIS HOUSE THE ONE YOU WANT. NO DETAIL HAS BEEN OVERLOOKED. LOCATED NEXT TO SUBDIVISION OCEAN BOARDWALK. UNDERHOUSE ENTRY WITH GAMEROOM AND TWO LOCKED UTILITY ROOMS THAT COULD BE MAKE INTO BEDROOM #6. HOT TUB, AND WHIRLPOOL TUB IN MASTER ADD TO THE ATTRACTIVENESS OF DC. THESE SELLERS HAVE KEPT THE HOUSE IN TIP TOP CONDITION. CHECK OUT THE RENTAL BOOKINGS. STORM SHUTTERS, CENTRAL VAC, MASTER BEDROOMS, PAINTED 2014-15. SEE THE ATTACHED LIST IN DOCUMENTS. I CAN'T STRESS HOW "READY TO WEAR" AND RENT THIS HOUSE IS. 6 BEDROOM SEPTIC TANK AND FIELD IN PLACE. ADD A POOL AND INCOME GOES THROUGH THE ROOF. START LIVING THE BEACH DREAM TODAY.

Last Agent to Sell the Property

Robert Barris

Vacasa North Carolina dba Vacasa - Avon License #105068 Listed on: 08/25/2015

Co-Listed By

Vicky Barris

Default, Office License #154063

Last Buyer's Agent

Michael Wynn

Sun Realty - Avon License #234210

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,856

Year Built

  • Built in 1996

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75x200
  • Beach Front
  • 200 Feet of Waterfront
  • Property is zoned R1

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • Off-Street Parking

Property Views

  • Ocean
  • Park or Greenbelt

Home Design

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

Interior Spaces

  • 2,922 Sq Ft Home
  • Central Vacuum
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Game Room
  • Screened Porch
  • Utility Room

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Spa
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 6

Community Details

Overview

  • Association fees include walkways
  • Pat Weston 252 995 6523 Association, Phone Number (252) 995-6523
  • Built by FINCH & CO.
  • Kinnakeet Shores Subdivision

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,856

Year Built

Built in 1996

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: ENTERING KINNAKEET SHORES FROM THE NORTH. MAKE A LEFT ON YUCCA TO OCEAN. RIGHT ON OCEAN VIEW DR. HOUSE UP ON LEFT ON OCEANFRONT
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Central Vacuum, Covered Decks, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck, Dry Entry
  • Flood Zone: VE
  • Subdivision Name: KINNAKEET SHORES PHASE 3
  • Headline: DREAMCATCHER rules the beach.
  • Heated Sq Ft: 2922
  • Phase: 3
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R1
  • Deed Book Pg Number: 0532
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Bedroom 1: GOOD, On Level: 3
  • Bedroom 2: GOOD, On Level: 2
  • Bedroom 3: GOOD, On Level: 2
  • Bedroom 4: GOOD, On Level: 2
  • Bedroom 5: GOOD, On Level: 2
  • Kitchen: COMBO XL, On Level: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Washer Connection
  • Dining Room: COMBO XL, On Level: 3
  • Game Room: GOOD, On Level: 1
  • Living Room: COMBO XL, On Level: 3
  • Optional Rooms: Game Room, Utility Room
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: FINCH & CO.
  • Construction: Frame, Wood
  • Covered Deck Size: YES
  • Exterior: Cement Fiber Board, Hurricane Shutters
  • Pool: Yes
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: LG
  • Street Frontage: 75
  • Sun Deck Size: LG
  • View: Ocean, Park Serv/Preserve
  • Water Frontage: 200

Garage/Parking

  • Garage: Carport
  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 450
  • Hoa Contact: PAT WESTON 252-995-6523
  • HOA Contact: 252-995-6523

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Adj to Park Serv./Preserv, Beach Frontage
  • Lot Faces: W
  • Lot Size: 75X200
  • Lot Number: Lot 6
  • Deed Book: 1069

Rental Info

  • Est Annual Rental Income: 57590
  • Estimated Rental Performance: 0.0929
  • Lease Terms: Weekly
  • Other Expenses: 311900
  • Rental Co: Vacasa - Hatteras
  • Rental Cottage Name: DREAM CATCHER
  • Rental Cottage Number: 6-3
  • Rental Phone Number: 800-428-8372
  • Rental Turnover Day: SAT

Building Info

  • Year Built: 1996

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2015
  • Taxes: 3856

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2021
Sold by
Stone Albert Louis and Stone Amy Michelle
Bought by
Hardy Brian T and Hardy Kristi
Current Estimated Value
$1,223,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$494,205
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$729,253

Purchase Details

Listed on
Aug 25, 2015
Closed on
Aug 22, 2016
Sold by
Hibbs Ralph L and Hibbs Carol A
Bought by
Stone Albert Louis and Stone Amy Michelle
Seller's Agent
Robert Barris
Vacasa North Carolina dba Vacasa - Avon
Buyer's Agent
Michael Wynn
Sun Realty - Avon
List Price
$799,000
Sold Price
$620,000
Premium/Discount to List
-$179,000
-22.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$79,000
Interest Rate
3.48%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hardy Brian T $975,000 None Available
Stone Albert Louis $620,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hardy Brian T $548,250
Previous Owner Stone Albert Louis $79,000
Previous Owner Stone Albert Louis $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2016 08/29/16 Sold $620,000 -22.4% $212 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
08/25/2015 08/25/15 For Sale $799,000 -- $273 / 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
2025 $6,519 $1,141,600 $454,000 $687,600
2024 $5,965 $719,400 $334,200 $385,200
2023 $5,965 $719,400 $334,200 $385,200
2022 $5,893 $719,400 $334,200 $385,200
2021 $5,821 $719,400 $334,200 $385,200
2020 $4,012 $719,400 $334,200 $385,200
2019 $4,157 $640,400 $305,600 $334,800
2018 $4,157 $640,400 $305,600 $334,800
2017 $4,266 $640,400 $305,600 $334,800
2016 $3,856 $617,500 $305,600 $311,900
2014 $3,856 $617,500 $305,600 $311,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 89284

Outer Banks Association of REALTORS®

APN: 029593306