NOT LISTED FOR SALE

42065 Greenwood Place Avon, NC 27915

Avon Neighborhood

Estimated Value: $968,000 - $1,273,000

4 Beds
2.5 Baths
2,272 Sq Ft
$491/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $675,000 $297 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,565/month

170 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Contemporary Architecture
  • Community Beach Access
  • Spa
  • Cathedral Ceiling

About This Home

As of November 2019

Beautiful oceanfront Ocean Gables is a beach legend. This is an exciting custom home. The great room has tall ceilings and an oceanfront wall of glass that magically expands the square footage with additional cubic footage. Views from the interior and three levels of sun decks are extraordinary. Lucky are those who can squeeze a rental week from the loyal customer base. The end of year rents are a bit less than normal because sellers choose to rent for a limited season. The sellers have also kept the house advertised as a four bedroom rental even though the septic capacity is for five. A buyer could choose to turn the loft or 2nd floor sunroom into a fifth bedroom. Located at the north end of the Greenwood cul de sac, OG is in an area of the Kinnakeet Shores oceanside with reduced traffic flow. The original ocean dune remains in place and Ocean Gables has a boardwalk directly from the house and is also next to the KSPOA maintained boardwalk. Please consult the attached renovations sheet to see the long list of expensive updates sellers have completed over the recent years. 5+ owner's weeks for 2019.

Last Agent to Sell the Property

Robert Barris

Vacasa North Carolina dba Vacasa - Avon License #105068 Listed on: 05/10/2019

Last Buyer's Agent

April Contestable

Brindley Beach Vacations & Sal License #190635

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,221

Year Built

  • Built in 1988

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 28x94x100x75x176
  • Beach Front
  • 75 Feet of Waterfront
  • Corner Lot
  • Property is zoned R1

HOA Fees

  • $15 Monthly HOA Fees

Property Views

  • Ocean
  • Views of a Sound
  • Park or Greenbelt

Home Design

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

Interior Spaces

  • 2,272 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Loft
  • Sun or Florida Room

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Tuck Under Parking
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Tax Lot 66

Community Details

Overview

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

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,221

Year Built

Built in 1988

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: SOUTH ON NC 12 TO AVON. PAST THE SECOND STOPLIGHT AT FOOD LION CENTER. MAKE THE LEFT TURN ONTO GREENWOOD TOWARD THE OCEAN. OCEAN GABLES IS HOME STRAIGHT OF GREEENWOOD TO THE OCEAN.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Storage Shed, Sun Deck, Inside Laundry Room
  • Flood Zone: AE
  • Subdivision Name: KINNAKEET SHORES PHASE 1
  • Headline: OCEAN GABLES OCEANFRONT
  • Heated Sq Ft: 2272
  • L V T Date: 05/10/2019
  • Phase: 1
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R1
  • Deed Book Pg Number: 0222
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3830
  • 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, Washer
  • Bedrooms: 4
  • Bedroom 1: GOOD, On Level: 1
  • Bedroom 2: GOOD, On Level: 1
  • Bedroom 3: GOOD, On Level: 1
  • Bedroom 4: GOOD, On Level: 1
  • Kitchen: LG COMBO, On Level: 2
  • Countertops: Laminate
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Washer Connection, 1st Flr Ensuite
  • Dining Room: LG COMBO, On Level: 2
  • Living Room: LG COMBO, On Level: 2
  • Optional Rooms: Loft, Sun/Florida Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: YES
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 28
  • Sun Deck Size: XL
  • View: Ocean, Park Serv/Preserve, Sound
  • Water Frontage: 75

Garage/Parking

  • Garage: 2 Car
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Walkways
  • Association Amenities: Ocean Access
  • Estimated Annual Fee: 175
  • Hoa Contact: RON TASSO KSPOA
  • HOA Contact: pres@kspoa.org

Lot Info

  • Estimated Lot Sq Ft: 11500
  • Lot Description: Adj to Park Serv./Preserv, Beach Frontage, Corner
  • Lot Faces: W
  • Lot Size: 28X94X100X75X176
  • Lot Number: Lot 66
  • Estimated Lot Size: 0.26
  • Deed Book: 1870

Rental Info

  • Lease Terms: Weekly
  • Other Expenses: 287800
  • Rental Co: Vacasa - Hatteras
  • Rental Cottage Name: OCEAN GABLES
  • Rental Cottage Number: 66-1KS
  • Rental Phone Number: 800-428-8372
  • Rental Turnover Day: SAT
  • Annual Electric: 3912
  • Annual Water Expense: 440
  • Rental Contact Email: MARIANNE.ONEAL@HATTERASREALTY.COM
  • Rental Contact Name: MARIANNE.ONEAL@HATTERASREALTY.COM
  • Rental Contact Phone: 800-428-8372

Building Info

  • Year Built: 1988

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2018
  • Taxes: 3221

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Nov 20, 2019
Sold by
Dispenza Sebastian J
Bought by
Kendall Martha
Seller's Agent
Robert Barris
Vacasa North Carolina dba Vacasa - Avon
Buyer's Agent
April Contestable
Brindley Beach Vacations & Sal
List Price
$779,000
Sold Price
$675,000
Premium/Discount to List
-$104,000
-13.35%
Current Estimated Value
$1,116,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,053
Avg. Annual Appreciation
9.11%
Source: Public Records

Range of Values:

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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
Kendall Martha $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kendall Martha $200,000
Previous Owner Dispenza Martha K $100,000
Previous Owner Dispenza Martha K $131,469
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $675,000 -13.4% $297 / Sq Ft
10/27/2019 10/27/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $779,000 -- $343 / 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 $5,625 $678,400 $336,900 $341,500
2023 $2,717 $678,400 $336,900 $341,500
2022 $5,557 $678,400 $336,900 $341,500
2021 $5,489 $678,400 $336,900 $341,500
2020 $3,796 $680,724 $336,900 $343,824
2019 $3,221 $486,300 $287,800 $198,500
2018 $0 $486,300 $287,800 $198,500
2017 $3,425 $515,200 $287,800 $227,400
2016 $3,207 $515,200 $287,800 $227,400
2014 $3,207 $515,200 $287,800 $227,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 105132

Outer Banks Association of REALTORS®

APN: 027822000