NOT LISTED FOR SALE

41957 Ocean View Dr Avon, NC 27915

Avon Neighborhood

Estimated Value: $920,000 - $1,504,000

0.34 Acre
$3,568,663 Price per Acre
14,985 Sq Ft Lot

Last Sold October 06, 2021

Last sale price $400,000

Est. 207% increase in value since last sale

Current estimated payment $7,252/month

973 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Level Lot

About This Lot

As of October 2021

PRIME OCEANFRONT BUILDING SITE IN OPTIMUM LOCATION. Choice lot when first purchased by original owner, and just as/even more desirable today! Contractors/Builder customers strongly encouraged to contact listing agent or clients to contact buyer's agent for discussion of possibilities. NOT FINDING THE RIGHT OCEANFRONT? BUILD IT AND ESTABLISH YOUR OWN EQUITY!

Last Agent to Sell the Property

Danny Couch

NC 12 Realty License #116088 Listed on: 10/17/2018

Last Buyer's Agent

Kelly Dean

Landmark Sotheby's International Realty License #273801

Landmark Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,984

Lot Details

  • Lot Dimensions are 75x200
  • Beach Front
  • Level Lot
  • Cleared Lot

HOA Fees

  • $15 Monthly HOA Fees

Property Views

  • Ocean
  • Views of a Sound
  • Park or Greenbelt

Utilities

  • Municipal Utilities District Water

Community Details

  • Association fees include common insurance, grounds maintenance, tennis courts, walkways
  • Ron Tasso Association
  • Kinnakeet Shores Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,984

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Oceanside at Food Lion stop light; right on OVD, 35 yds. or so down on left
  • Flood Zone: AE, VE
  • Subdivision Name: Kinnakeet Shores Phase 2
  • Headline: Kinnakeet Shores Oceanfront
  • L V T Date: 10/22/2018
  • Phase: 2
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R-1
  • Deed Book Pg Number: 0928
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30860
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean, Park Serv./Preserve, Sound

Utilities

  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 175
  • Hoa Contact: Ron Tasso
  • HOA Contact: PO Box 204 Avon NC 27915
  • Fee Includes: Common Insurance, Grounds Maintenance, Tennis Courts, Walkways

Lot Info

  • Lot Description: Adj to Park Serv./Preserv, Beach Frontage, Level, Cleared
  • Lot Faces: west
  • Lot Size: 75x200
  • Deed Book: 2247
  • Unit/Lot Number: Lot 11

Tax Info

  • Year: 2018
  • Taxes: 1984

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
Aug 30, 2021
Sold by
Hamilton Real Estate Holdings Llc
Bought by
Reilly Mark and Mckendree Reilly Melissa
Seller's Agent
Danny Couch
NC 12 Realty
Buyer's Agent
Kelly Dean
Landmark Sotheby's International Realty
List Price
$749,000
Sold Price
$400,000
Premium/Discount to List
-$349,000
-46.6%
Current Estimated Value
$1,227,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$827,620
Avg. Annual Appreciation
34.61%
Original Mortgage
$750,000
Outstanding Balance
$689,839
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$577,328

Purchase Details

Closed on
Jun 27, 2018
Sold by
Wiggins Michael H and Dawson-Wiggins Christie
Bought by
Hamilton Real Estate Hold

Purchase Details

Closed on
May 30, 2018
Sold by
Wiggins-Drew Linda G and Drew James H
Bought by
Wiggins Michael H

Purchase Details

Closed on
May 20, 2015
Sold by
Snyder Shannon L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 17, 2006
Sold by
Vallario Marc F and Vallario Susan L
Bought by
Elliott William D and Elliott Gail G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.44%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Reilly Mark $400,000 None Available
Hamilton Real Estate Hold -- --
Wiggins Michael H -- --
Federal National Mortgage Association -- None Available
Elliott William D $1,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reilly Mark $750,000
Previous Owner Elliott William D $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Sold $400,000 +0.1% --
06/16/2021 06/16/21 Pending -- -- --
03/03/2021 03/03/21 Price Changed $399,500 -19.9% --
11/03/2020 11/03/20 Price Changed $499,000 -5.0% --
07/01/2020 07/01/20 Price Changed $525,000 -24.9% --
06/18/2019 06/18/19 Price Changed $699,000 -6.7% --
10/17/2018 10/17/18 For Sale $749,000 -- --
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 $6,575 $793,000 $357,800 $435,200
2023 $6,575 $793,000 $357,800 $435,200
2022 $4,103 $500,900 $500,900 $0
2021 $4,053 $500,900 $500,900 $0
2020 $2,794 $500,900 $500,900 $0
2019 $1,984 $305,600 $305,600 $0
2018 $1,984 $305,600 $305,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 102417

Outer Banks Association of REALTORS®

APN: 029593011