NOT LISTED FOR SALE

41545 Ocean Ln Avon, NC 27915

Estimated Value: $730,000 - $949,000

5 Beds
3 Baths
2,196 Sq Ft
$388/Sq Ft Est. Value

Last Sold May 24, 2017

Last sale price $539,000 $245 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,840/month

161 Days on Market

Highlights

  • Beach Front
  • Spa
  • Cathedral Ceiling
  • Ocean View
  • Coastal Architecture
  • Hydromassage or Jetted Bathtub

About This Home

As of May 2017

Bright! Whimsical! Beachy! Sign of the Seahorse is the oceanfront vacation home you have been waiting for - Inviting & Comfortable - 5 bedrooms, 3 baths, master bath with large jet tub. This colorful home with casual elegance features cathedral ceilings, well appointed kitchen, hot tub, gas fireplace, foosball fun, sunny decks and covered deck with endless ocean views to enjoy sunrises & moon rises over the Atlantic. Many upgrades adding value to this popular rental include storm shutters, new fireplace, new windows, blinds and sliders. New stainless refrigerator and dishwasher, and all interior painting for the 2017 rental season. This is a must see on your oceanfront tour of homes.

Last Agent to Sell the Property

Rita Dwight

Surf or Sound Realty - Avon License #187702 Listed on: 11/08/2016

Last Buyer's Agent

Lisa Strydom

Coldwell Banker Seaside Realty KH License #249050

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,157

Year Built

  • Built in 1987

Lot Details

  • 0.34 Acre Lot
  • Beach Front

HOA Fees

  • $38 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,196 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Ocean Views
  • Hurricane or Storm Shutters

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

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

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 5

Community Details

Overview

  • Association fees include pool, tennis courts, walkways
  • Pat Weston Association, Phone Number (252) 995-6523
  • Kinnakeet Shores Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,157

Year Built

Built in 1987

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Sun Deck, Dry Entry
  • Headline: Oceanfront Opportunity!!
  • Heated Sq Ft: 2196
  • L V T Date: 11/08/2016
  • Phase: 3
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R-1
  • Deed Book Pg Number: Cert
  • Office License Number: C7816
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Washer Connection

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood, Hurricane Shutters
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Pool, Tennis Courts, Walkways
  • Association Fee: Yes
  • Estimated Annual Fee: 450
  • Hoa Contact: Pat Weston
  • HOA Contact: 252-995-6523
  • Home Owner Dwelling Insurance: 953

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Beach Frontage
  • Lot Number: Lot 5
  • Deed Book: Death

Rental Info

  • Flood Expenses: 701
  • Lease Terms: Weekly
  • Rental Co: Vacasa - Hatteras
  • Rental Cottage Name: Sign of the Seahorse
  • Rental Phone Number: 800-428-8372
  • Rental Turnover Day: Sat.

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2016
  • Taxes: 3157

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2020
Sold by
Turnbull David M and Yusi Nancy
Bought by
Raez Marlo Nicole and Raez William Burks
Current Estimated Value
$852,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$597,500
Outstanding Balance
$530,727
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$321,457

Purchase Details

Listed on
Nov 8, 2016
Closed on
May 22, 2017
Sold by
Tietze Timothy and Cohen Abigail K
Bought by
Turnbull David M and Yusi Nancy
Seller's Agent
Rita Dwight
Surf or Sound Realty - Avon
Buyer's Agent
Lisa Strydom
Coldwell Banker Seaside Realty KH
List Price
$625,000
Sold Price
$539,000
Premium/Discount to List
-$86,000
-13.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Raez Marlo Nicole $597,500 None Available
Turnbull David M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raez Marlo Nicole $597,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2017 05/24/17 Sold $539,000 -13.8% $245 / Sq Ft
04/18/2017 04/18/17 Pending -- -- --
11/08/2016 11/08/16 For Sale $625,000 -- $285 / 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 $4,042 $752,900 $450,100 $302,800
2024 $4,417 $577,800 $331,400 $246,400
2023 $4,417 $577,800 $331,400 $246,400
2022 $4,733 $577,800 $331,400 $246,400
2021 $4,755 $587,656 $331,400 $256,256
2020 $3,277 $587,656 $331,400 $256,256
2019 $3,165 $479,000 $305,600 $173,400
2018 $3,165 $479,000 $305,600 $173,400
2017 $3,364 $508,100 $305,600 $202,500
2016 $3,157 $508,100 $305,600 $202,500
2014 $3,157 $508,100 $305,600 $202,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 94280

Outer Banks Association of REALTORS®

APN: 029593305