41771 Ocean Ln Avon, NC 27915
Avon Neighborhood
5
Beds
3.5
Baths
3,118
Sq Ft
0.34
Acres
About This Home
As of May 2017Ocean Front 5 bedroom, 3 bath home, large family - dining - kitchen area with great ocean views. 3rd level master bedroom with private deck and good ocean views. See warning below. This home is corporate owned and sold in it's current condition " AS IS". No warranties, disclosures, repairs or inspections provided by the seller. Seller reserves the right to negotiate offers in any order regardless of time/date submitted. Proof of funds to close or per-qualification letter Must accompany all offers. Sellers special addendum and "hold harmless" agreement will be made a part of the final contract. Most information contained herein obtained from county records to include sq. ft. Buyer/buyer agent should verify
Last Agent to Sell the Property
Pace Mimms
Default, Office License #156638 Listed on: 01/10/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,654
Year Built
- Built in 1988
Lot Details
- 0.34 Acre Lot
- Ocean Front
HOA Fees
- $15 Monthly HOA Fees
Interior Spaces
- 3,118 Sq Ft Home
- Ocean Views
Bedrooms and Bathrooms
- 5 Bedrooms
Utilities
- Well
- Private or Community Septic Tank
Community Details
- Kinnakeet Shores Subdivision
Listing and Financial Details
- REO, home is currently bank or lender owned
- Tax Lot # 24
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 1, 2020
Sold by
Farruggio James F and Farruggio Diane L
Bought by
Alam Shah K
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Outstanding Balance
$3,737
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,166,823
Purchase Details
Listed on
Jan 10, 2014
Closed on
Feb 11, 2014
Sold by
Us Bank Na
Bought by
Flannery Rees C
Seller's Agent
Pace Mimms
Default, Office
Buyer's Agent
Misty Gillikin
ROG OBX, Inc
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$200,000
Interest Rate
4.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 5, 2013
Sold by
Luchs Richard W and Luchs Laurel V
Bought by
Us Bank Na
Purchase Details
Closed on
Apr 1, 2005
Sold by
Luchs Barbara B
Bought by
Luchs Richard W and Luchs Laurel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
5.6%
Mortgage Type
New Conventional
Similar Homes in Avon, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $725,000 | None Available | |
| Special Warranty Deed | $395,000 | None Available | |
| Trustee Deed | $562,825 | None Available | |
| Warranty Deed | $100,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $70,000 | Credit Line Revolving | |
| Open | $510,000 | New Conventional | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $410,000 | Credit Line Revolving | |
| Previous Owner | $620,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2017 05/17/17 | Sold | $645,000 | -7.2% | $191 / Sq Ft |
| 04/17/2017 04/17/17 | Pending | -- | -- | -- |
| 01/08/2017 01/08/17 | For Sale | $695,000 | +75.9% | $206 / Sq Ft |
| 02/18/2014 02/18/14 | Sold | $395,000 | -1.2% | $127 / Sq Ft |
| 01/21/2014 01/21/14 | Pending | -- | -- | -- |
| 01/10/2014 01/10/14 | For Sale | $399,900 | -- | $128 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $5,964 | $704,400 | $331,400 | $373,000 |
| 2023 | $5,964 | $719,320 | $331,400 | $387,920 |
| 2022 | $5,892 | $719,320 | $331,400 | $387,920 |
| 2021 | $5,820 | $719,320 | $331,400 | $387,920 |
| 2020 | $4,012 | $719,320 | $331,400 | $387,920 |
| 2019 | $4,068 | $611,400 | $305,600 | $305,800 |
| 2018 | $4,068 | $611,400 | $305,600 | $305,800 |
| 2017 | $4,068 | $611,400 | $305,600 | $305,800 |
| 2016 | $3,645 | $584,500 | $305,600 | $278,900 |
| 2014 | $3,654 | $584,500 | $305,600 | $278,900 |
Source: Public Records
Agents Affiliated with this Home
-
Misty Gillikin
Seller's Agent in 2017
Misty Gillikin
ROG OBX, Inc
(757) 575-2172
25 in this area
55 Total Sales
-
Jeanne-Marie DeStefano
Buyer's Agent in 2017
Jeanne-Marie DeStefano
Keller Williams - Outer Banks
(252) 599-7250
4 in this area
123 Total Sales
-
P
Seller's Agent in 2014
Pace Mimms
Default, Office
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 81851
APN: 029593024
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