NOT LISTED FOR SALE

42234 Greenwood Place Avon, NC 27915

Avon Neighborhood

Estimated Value: $643,000 - $763,000

4 Beds
2.5 Baths
1,940 Sq Ft
$365/Sq Ft Est. Value

Last Sold October 06, 2015

Last sale price $375,000 $193 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,075/month

450 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Sun or Florida Room
  • Ocean Front
  • Coastal Architecture
  • Furnished

About This Home

As of October 2015

This is a turnkey property. Everything a home needs including a raised 2 car garage. This home has been a prized possession since it was built and it shows. This property has one of the best rental incomes in this group of comparable properties. Built as a residence, this home offers large spacious closets with 2 closets in the master bedroom, one of them a walk-in. The dining/living room area offers hardwood floors and built-in book shelves. The 2 car garage could easily be converted into a gameroom with a bathroom facility. Concrete pool is set up for a pool heater, but currently doesn't offer that function. Great for year-round living or as an on-going rental property. Enjoy the stars as you watch the Hatteras light. All private belongings have been removed, the furnished property you see is what is being sold.

Last Agent to Sell the Property

Peter Groom

Default, Office License #187950 Listed on: 05/28/2014

Last Buyer's Agent

Michael Wynn

Sun Realty - Avon License #234210

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,480

Year Built

  • Built in 1988

Lot Details

  • 0.25 Acre Lot
  • Ocean Front
  • Level Lot

HOA Fees

  • $15 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,940 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Sun or Florida Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Tuck Under Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 95

Community Details

Overview

  • Association fees include building maintenance, flood insurance
  • Kinnakeet Shores Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,480

Year Built

Built in 1988

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Hwy 12 south, left on Kinnakeet Dr., right on Greenwood Pl.
  • Extras: Ceiling Fan(s), Hot Tub
  • Flood Zone: AE
  • Subdivision Name: Kinnakeet Shores Ph. 1
  • Headline: A real gem at this new price!!
  • Heated Sq Ft: 1940
  • Phase: 1
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: R
  • Deed Book Pg Number: 429
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Washer Connection, Wet Bar
  • Optional Rooms: Sun/Florida Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 75
  • View: Ocean

Garage/Parking

  • Garage: 2 Car
  • Garage Sq Ft: 647
  • Parking: Under

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Flood Insurance
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 175
  • Home Owner Dwelling Insurance: 2107

Lot Info

  • Estimated Lot Sq Ft: 11000
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 149x75+/-
  • Lot Number: Lot 95
  • Deed Book: 1815

Rental Info

  • Est Annual Rental Income: 37797
  • Estimated Rental Performance: 0.1008
  • Flood Expenses: 1288
  • Lease Terms: Weekly
  • Other Expenses: 325
  • Poolspa Expense: 2500
  • Rental Co: Outer Beaches Realty
  • Rental Cottage Name: Sea Lady
  • Rental Cottage Number: 490
  • Rental Phone Number: 252-995-4477
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 480
  • Annual Electric: 3128
  • Annual Telephone Expense: 450
  • Annual Water Expense: 835

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2013
  • Taxes: 2479.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2009
Sold by
Patchin Kyle and Patchin Robin
Bought by
Patchin Kyle and Patchin Robin
Current Estimated Value
$708,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
5.03%
Mortgage Type
New Conventional
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
Patchin Kyle -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Shelton Barry L $280,500
Closed Patchin Kyle $297,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2015 10/06/15 Sold $375,000 -14.6% $193 / Sq Ft
08/21/2015 08/21/15 Pending -- -- --
05/28/2014 05/28/14 For Sale $439,000 -- $226 / 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 $3,414 $401,200 $162,300 $238,900
2023 $3,406 $410,756 $162,300 $248,456
2022 $3,365 $410,756 $162,300 $248,456
2021 $3,331 $410,756 $162,300 $248,456
2020 $2,291 $410,756 $162,300 $248,456
2019 $2,636 $395,300 $180,800 $214,500
2018 $2,636 $395,300 $180,800 $214,500
2017 $2,636 $395,300 $180,800 $214,500
2016 $2,473 $395,300 $180,800 $214,500
2014 $2,480 $395,300 $180,800 $214,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 83861

Outer Banks Association of REALTORS®

APN: 027831000