NOT LISTED FOR SALE

42022 Ocean View Dr Avon, NC 27915

Estimated Value: $538,000 - $654,000

4 Beds
2.5 Baths
1,928 Sq Ft
$306/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $432,000 $224 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,318/month

7 Days on Market

Highlights

  • Community Beach Access
  • Home Theater
  • Main Floor Bedroom
  • Ocean Front
  • Spa
  • Furnished

About This Home

As of April 2021

Grand Banks offers an impressive combination of location, convenience, comfort, and affordability. Semi-oceanfront cottages present attractive values because they are close to the ocean but do not have the higher land values associated with direct oceanfront homes. Grand Banks has the benefit of good ocean views and a community beach access walkway across the the street. In addition, the Hatteras Island Plaza with a grocery store, shops and restaurants is within walking distance.The cottage has a traditional 4-bedroom design with all bedrooms on the first floor and the living area, dining area and kitchen on the 2nd floor. The top level also features a wet bar with a mini-fridge and a recently added eye-catching bonus room with a TV and day bed for a quiet place to relax or read. Once you have visited Grand Banks, we think you will consider it to be an all around great island home!

Last Agent to Sell the Property

Tom Hranicka

NC 12 Realty License #135133 Listed on: 02/26/2021

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

  • $2,007

Year Built

  • Built in 1985

Lot Details

  • 0.42 Acre Lot
  • Ocean Front
  • Level Lot

HOA Fees

  • $15 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,928 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Home Theater
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Parking

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

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Exterior Lighting
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Tax Lot 62

Community Details

Overview

  • Association fees include walkways
  • Ron Tasso Association
  • Kinnakeet Shores Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,007

Year Built

Built in 1985

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Hwy 12 to stop light at Food Lion. Left on Seaside to right on Ocean View Drive. House is on right about halfway down street.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Storage Shed, Sun Deck
  • Flood Zone: X
  • Subdivision Name: Kinnakeet Shores Phase 2
  • Headline: Affordable Avon Semioceanfront
  • Heated Sq Ft: 1928
  • L V T Date: 02/26/2021
  • Phase: 2
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: R-1
  • Advertised Income 2020: 35201
  • Advertised Income 2021: 11280
  • Deed Book Pg Number: 0129
  • 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: 4
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Kitchen: On Level: 2
  • Countertops: Laminate
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Wet Bar
  • Dining Room: On Level: 2
  • Living Room: On Level: 2
  • Optional Rooms: Media Room
  • Partial Bathrooms: 1
  • Optional Room 1: TV Room, On Level: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: Yes
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, 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: Ocean Access, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 175
  • Hoa Contact: Ron Tasso
  • HOA Contact: kspoa.org
  • Home Owner Dwelling Insurance: 980

Lot Info

  • Estimated Lot Sq Ft: 18500
  • Lot Description: Level
  • Lot Faces: East
  • Lot Number: Lot 62
  • Estimated Lot Size: 0.42
  • Deed Book: 1998

Rental Info

  • Est Annual Rental Income: 25500
  • Estimated Rental Performance: 0.059
  • Flood Expenses: 735
  • Lease Terms: Weekly
  • Other Expenses: 444
  • Other Expenses2: 350
  • Other Expenses3: 240
  • Poolspa Expense: 1195
  • Rental Co: Outer Beaches Realty
  • Rental Cottage Name: Grand Banks
  • Rental Cottage Number: 123
  • Rental Phone Number: 252.995.4477
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1085
  • Annual Electric: 2645
  • Annual Telephone Expense: 360
  • Annual Water Expense: 164
  • Rental Contact Email: roxanne.staylor@outerbeaches.com
  • Rental Contact Name: Roxanne Staylor
  • Rental Contact Phone: 252-995-7347

Building Info

  • Year Built: 1985

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2020
  • Taxes: 2006.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
Mallery Coretta and Lankford Coretta Mallery
Bought by
Lankford Coretta Mallery and Lankford Jeffrey Lee
Current Estimated Value
$589,493

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 22, 2021
Sold by
Russell Patricia J and Quante David L
Bought by
Mallery Coretta
Seller's Agent
Tom Hranicka
NC 12 Realty
Buyer's Agent
Lisa Strydom
Coldwell Banker Seaside Realty KH
List Price
$425,000
Sold Price
$432,000
Premium/Discount to List
$7,000
1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$242,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2015
Sold by
Wilkins William R and Wilkins Karen H
Bought by
Russell Patricia J and Quante David L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lankford Coretta Mallery -- None Listed On Document
Lankford Coretta Mallery -- None Listed On Document
Mallery Coretta $432,000 None Available
Russell Patricia J $297,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mallery Coretta $242,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $432,000 +1.6% $224 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $425,000 -- $220 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $2,898 $497,100 $220,300 $276,800
2024 $2,983 $353,000 $182,900 $170,100
2023 $2,983 $359,804 $182,900 $176,904
2022 $2,947 $359,804 $182,900 $176,904
2021 $2,917 $359,804 $182,900 $176,904
2020 $2,007 $359,804 $182,900 $176,904
2019 $2,252 $340,100 $203,800 $136,300
2018 $0 $340,100 $203,800 $136,300
2017 $2,252 $340,100 $203,800 $136,300
2016 $2,113 $340,100 $203,800 $136,300
2014 $2,113 $340,100 $203,800 $136,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113076

Outer Banks Association of REALTORS®

APN: 029596062