42238 Griggs Ln Avon, NC 27915
Avon NeighborhoodEstimated Value: $908,000 - $1,055,000
4
Beds
3.5
Baths
2,475
Sq Ft
$394/Sq Ft
Est. Value
Highlights
- Beach Front
- Wood Flooring
- Hydromassage or Jetted Bathtub
- Ocean View
- Main Floor Bedroom
- Cul-De-Sac
About This Home
As of November 2021Perched on a sand dune on an oceanside street with just five other homes, this very special oceanfront home will delight you with its exceptional views of the Atlantic Ocean and its variety of special features. The top floor living area is accented by hardwood floors, a beautiful stone finished gas fireplace, and lots of windows to take advantage of the constantly changing panorama of wind and waves. The mid-level contains a master bedroom with a walk-in closet and an eye-catching master bath with French doors and a spacious jet tub. In addition, one of the bedrooms on this floor has been converted into a fully-furnished home office. Another, very private, master bedroom is located on the first level. Hand -crafted wooden bookcases will be found throughout the cottage. Added bonuses include two large storage areas, an electrical system that is wired for a generator, and storm shutters for all sliders and most upper level windows. The home has been used almost exclusively as an owner occupied primary residence, having only been rented from May through September for three summers in the early 1990s. On a standalone basis, Island Time offers an impressive value which has the potential to improve if the Avon Beach Nourishment Project becomes a reality as planned in 2022, increasing the width of the beach by about 120 feet. Be sure to make this beautiful, well-maintained oceanfront cottage a “must see” as you search for the Hatteras Island home of your dreams!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,537
Year Built
- Built in 1991
Lot Details
- 8,000 Sq Ft Lot
- Beach Front
- Property fronts a private road
- Cul-De-Sac
- Irregular Lot
Property Views
- Ocean Views
- Views of a Sound
Home Design
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Shake Siding
- Piling Construction
Interior Spaces
- 2,475 Sq Ft Home
- Ceiling Fan
- Gas Fireplace
- Living Room
- Dining Room
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Laminate Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- Walk-In Closet
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Home Security
- Storm Doors
- Fire and Smoke Detector
Parking
- Tuck Under Parking
- Off-Street Parking
Outdoor Features
- Outdoor Shower
- Sun Deck
- Exterior Lighting
- Storage Shed
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Fuel Tank
- Private or Community Septic Tank
Community Details
- Askins Creek Subdivision
Listing and Financial Details
- Tax Lot 27
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2021
Closed on
Nov 5, 2021
Sold by
Hranicka Thomas L and Hranicka Louise M
Bought by
Vick Karl N and Sullivan Stacy E
Seller's Agent
Tom Hranicka
NC 12 Realty
Buyer's Agent
Jennifer Bell
NC 12 Realty
List Price
$847,500
Sold Price
$860,000
Premium/Discount to List
$12,500
1.47%
Total Days on Market
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,222
Avg. Annual Appreciation
2.42%
Original Mortgage
$645,000
Outstanding Balance
$598,869
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$337,369
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Similar Homes in Avon, NC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vick Karl N | $860,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vick Karl N | $645,000 | |
| Previous Owner | Hranicka Thomas L | $400,000 | |
| Previous Owner | Hranicka Thomas L | $371,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2021 11/08/21 | Sold | $860,000 | +1.5% | $347 / Sq Ft |
| 09/12/2021 09/12/21 | Pending | -- | -- | -- |
| 08/31/2021 08/31/21 | For Sale | $847,500 | -- | $342 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $4,650 | $560,800 | $271,300 | $289,500 |
| 2023 | $4,650 | $560,800 | $271,300 | $289,500 |
| 2022 | $4,594 | $560,800 | $271,300 | $289,500 |
| 2021 | $4,537 | $560,800 | $271,300 | $289,500 |
| 2020 | $3,128 | $560,800 | $271,300 | $289,500 |
| 2019 | $3,184 | $490,500 | $259,100 | $231,400 |
| 2018 | $2,123 | $490,500 | $259,100 | $231,400 |
| 2017 | $3,184 | $490,500 | $259,100 | $231,400 |
| 2016 | $2,988 | $490,500 | $259,100 | $231,400 |
| 2014 | $2,988 | $490,500 | $259,100 | $231,400 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Hranicka
Seller's Agent in 2021
Tom Hranicka
NC 12 Realty
(252) 305-1556
34 in this area
49 Total Sales
-
Jennifer Bell
Buyer's Agent in 2021
Jennifer Bell
NC 12 Realty
(252) 305-5391
26 in this area
70 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 115932
APN: 014857000
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