NOT LISTED FOR SALE

41903 Ocean Ln Avon, NC 27915

Avon Neighborhood

Estimated Value: $1,044,000 - $1,549,000

5 Beds
3.5 Baths
2,688 Sq Ft
$469/Sq Ft Est. Value

Last Sold November 22, 2016

Last sale price $667,500 $248 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $7,421/month

603 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Coastal Architecture
  • Beach Access
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of November 2016

Bright, Beautiful, Beachy Southern Avon Oceanfront! Great opportunity to own a spacious 5BR/3.5BA popular vacation home with private pool and excellent rental income. The impressive great room with endless ocean views includes a gourmet kitchen, large dining area and gas fireplace creating an elegant comfortable setting for friends and family to gather. There are 2 additional den or TV areas for smaller groups to hang out and an office set apart for those who need to do a little work between fun times in the sun. Check out this awesome property, Awe-View!

Last Agent to Sell the Property

Rita Dwight

Surf or Sound Realty - Avon License #187702 Listed on: 02/05/2015

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,769

Year Built

  • Built in 1994

Lot Details

  • 0.34 Acre Lot
  • Ocean Front

HOA Fees

  • $15 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,688 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Utility Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

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

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck

Utilities

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

Community Details

  • Kinnakeet Shores Subdivision

Listing and Financial Details

  • Tax Lot 15 Ph.2

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,769

Year Built

Built in 1994

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Shower, Sun Deck
  • Headline: Oceanfront Beauty with Pool!
  • Heated Sq Ft: 2688
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R-1
  • Deed Book Pg Number: 0050
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite
  • Optional Rooms: Foyer, Office, Utility Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 175
  • Home Owner Dwelling Insurance: 3740

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Number: Lot 15 Ph.2
  • Deed Book: 1881

Rental Info

  • Est Annual Rental Income: 76585
  • Estimated Rental Performance: 0.1147
  • Lease Terms: Weekly
  • Maintenance Expenses: 2500
  • Poolspa Expense: 3000
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Awe-View
  • Rental Cottage Number: 387
  • Rental Phone Number: 252-995-5801
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 1700
  • Annual Electric: 5000
  • Annual Telephone Expense: 300
  • Annual Water Expense: 1400

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2015
  • Taxes: 3769

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2015
Closed on
Nov 1, 2016
Sold by
Crook Stuart T and Schneider Linda G
Bought by
Kroschwitz Randolph A and Kroschwitz Robin S
Seller's Agent
Rita Dwight
Surf or Sound Realty - Avon
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$728,000
Sold Price
$667,500
Premium/Discount to List
-$60,500
-8.31%
Current Estimated Value
$1,261,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$593,868
Avg. Annual Appreciation
7.55%
Original Mortgage
$534,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2011
Sold by
Crook Stuart T and Schneider Linda G
Bought by
Crook Stuart T and Schneider Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.09%
Mortgage Type
New Conventional
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
Kroschwitz Randolph A $667,500 Attorney
Crook Stuart T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kroschwitz Randolph A $652,500
Closed Kroschwitz Randolph A $534,000
Previous Owner Crook Stuart T $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2016 11/22/16 Sold $667,500 -8.3% $248 / Sq Ft
09/30/2016 09/30/16 Pending -- -- --
02/05/2015 02/05/15 For Sale $728,000 -- $271 / 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 $6,411 $756,600 $339,900 $416,700
2023 $6,411 $773,268 $339,900 $433,368
2022 $6,334 $773,268 $339,900 $433,368
2021 $6,257 $773,268 $339,900 $433,368
2020 $4,313 $773,268 $339,900 $433,368
2019 $4,119 $618,900 $305,600 $313,300
2018 $4,119 $618,900 $305,600 $313,300
2017 $4,016 $603,800 $305,600 $298,200
2016 $3,769 $603,800 $305,600 $298,200
2014 $3,769 $603,800 $305,600 $298,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 86656

Outer Banks Association of REALTORS®

APN: 029593015