NOT LISTED FOR SALE

41880 Ocean View Dr Avon, NC 27915

Avon Neighborhood

Estimated Value: $766,000 - $786,827

5 Beds
4 Baths
2,480 Sq Ft
$312/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $424,000 $171 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,546/month

560 Days on Market

Highlights

  • Ocean Front
  • Spa
  • Main Floor Bedroom
  • Beach Access
  • Rooftop Deck
  • Sun or Florida Room

About This Home

As of September 2020

Cape Escape is a wonderful oceanside beach home in the Kinnakeet Shores community in Avon. Located just one lot back from oceanfront, this home has been beautifully maintained both outside with multi-level decking including a rooftop deck offering gorgeous ocean and Pamlico Sound views and inside with attractive furnishings, ceramic tile and carpeting, and one-year old appliances. In addition, a beach access walkway is very nearby. Bonus features include a sun/Florida room with a four season hot tub and a gas fireplace to enhance the year-round appeal of this ideally located home. A “must see” for those looking for an appealingly priced 5-bedroom island cottage with comfortably sized rooms that is charmingly decorated!

Last Agent to Sell the Property

Tom Hranicka

NC 12 Realty License #135133 Listed on: 01/03/2019

Last Buyer's Agent

Tom Hranicka

NC 12 Realty License #135133 Listed on: 01/03/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,942

Year Built

  • Built in 1997

Lot Details

  • 0.44 Acre Lot
  • Ocean Front
  • Level Lot

HOA Fees

  • $15 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,480 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Rooftop Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 53

Community Details

Overview

  • Association fees include walkways
  • Ron Tasso Association, Phone Number (252) 995-6578
  • Kinnakeet Shores Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,942

Year Built

Built in 1997

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Hwy 12 to Seaside St. Left on Ocean View. 4th house on left.
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Roof Top Deck
  • Flood Zone: AE
  • Subdivision Name: Kinnakeet Shores Phase 2
  • Headline: Beautiful Semi-Oceanfront
  • Heated Sq Ft: 2480
  • L V T Date: 01/03/2019
  • Phase: 2
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: R-1
  • Advertised Income 2020: 48954
  • Deed Book Pg Number: 0641
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C2305
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Bedroom 5: On Level: 2
  • Kitchen: On Level: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Gas Connection, Pantry
  • Dining Room: On Level: 2
  • Living Room: On Level: 2
  • Optional Rooms: Sun/Florida Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 75
  • Sun Deck Size: Yes
  • View: Ocean, Sound

Garage/Parking

  • Parking: Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Walkways
  • Association Amenities: Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 175
  • Hoa Contact: Ron Tasso
  • HOA Contact: (252) 995-6578

Lot Info

  • Estimated Lot Sq Ft: 19000
  • Lot Description: Level
  • Lot Faces: E
  • Lot Number: Lot 53
  • Estimated Lot Size: 0.44
  • Deed Book: 1099

Rental Info

  • Est Annual Rental Income: 35753
  • Estimated Rental Performance: 0.0843
  • Flood Expenses: 811
  • Lease Terms: Weekly
  • Other Expenses: 100
  • Other Expenses2: 205
  • Other Expenses3: 250
  • Poolspa Expense: 650
  • Rental Co: Outer Beaches Realty
  • Rental Cottage Name: Cape Escape
  • Rental Cottage Number: 434
  • Rental Phone Number: 252-995-4477
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1150
  • Annual Electric: 3600
  • Annual Water Expense: 578

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2019
  • Taxes: 2941.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
Sep 16, 2020
Sold by
Mengel Arthur V and Mengel Mary T
Bought by
Larose Richard L and Larose Elizabeth T
Seller's Agent
Tom Hranicka
NC 12 Realty
Buyer's Agent
Tom Hranicka
NC 12 Realty
List Price
$484,500
Sold Price
$424,000
Premium/Discount to List
-$60,500
-12.49%
Current Estimated Value
$774,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,957
Avg. Annual Appreciation
13.46%
Original Mortgage
$336,000
Outstanding Balance
$298,992
Interest Rate
2.8%
Mortgage Type
Stand Alone Second
Estimated Equity
$492,110
Source: Public Records

Range of Values:

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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
Larose Richard L $424,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larose Richard L $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2020 09/17/20 Sold $424,000 +6.0% $171 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
01/21/2020 01/21/20 Price Changed $399,900 -3.6% $161 / Sq Ft
07/10/2019 07/10/19 Price Changed $415,000 -7.8% $167 / Sq Ft
05/15/2019 05/15/19 Price Changed $450,000 -3.1% $181 / Sq Ft
04/07/2019 04/07/19 Price Changed $464,500 -4.1% $187 / Sq Ft
01/03/2019 01/03/19 For Sale $484,500 -- $195 / 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 $3,709 $447,400 $184,300 $263,100
2023 $3,566 $430,100 $184,300 $245,800
2022 $3,523 $430,100 $184,300 $245,800
2021 $3,281 $405,500 $184,300 $221,200
2020 $2,311 $414,348 $184,300 $230,048
2019 $2,942 $441,400 $205,400 $236,000
2018 $0 $441,400 $205,400 $236,000
2017 $2,942 $441,400 $205,400 $236,000
2016 $2,760 $441,400 $205,400 $236,000
2014 $2,768 $441,400 $205,400 $236,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 103109

Outer Banks Association of REALTORS®

APN: 029596053