NOT LISTED FOR SALE

42278 Greenwood Place Avon, NC 27915

Avon Neighborhood

Estimated Value: $569,000 - $722,000

4 Beds
2.5 Baths
1,568 Sq Ft
$400/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $619,500 $395 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,588/month

10 Days on Market

Highlights

  • Community Beach Access
  • Spa
  • Furnished
  • Ocean Front
  • Coastal Architecture
  • Tennis Courts

About This Home

As of May 2023

With limited semi-ocean front options in Avon, this is a great opportunity for a year round residence, rental home, or weekend getaway. This comfortably furnished 4 bedroom, 2.5 bath home offers nice ocean views, double decks, and close access to the beach. There is paved parking underneath the home that can also be a great spot for your next seafood boil and outdoor games. Enjoy the hot tub and star views on the upper deck. There are many restaurants and shopping areas that are within close walking distance. Kinnakeet Shores subdivision offers a community pool and tennis courts for you and your rental guests for an additional fee. Ask to see the list of updates as the sellers have taken care of this home and over the years. Some highlights are the replacement siding, multiple windows and doors, updated with Pex plumbing in 2022, and lots of items totaling over $111,000 during their ownership. This is a great semi-oceanfront location!

Last Agent to Sell the Property

Trafton Reynolds

NC 12 Realty License #265864 Listed on: 03/29/2023

Co-Listed By

Carla Reynolds

NC 12 Realty License #241562

Last Buyer's Agent

April Contestable

Brindley Beach Vacations & Sal License #190635

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,704

Year Built

  • Built in 1987

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
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,568 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

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

Pool

  • Spa
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 92

Community Details

Overview

  • Association fees include walkways
  • William Jennette Association, Phone Number (757) 971-0231
  • Kinnakeet Shores Subdivision

Amenities

  • Common Area

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,704

Year Built

Built in 1987

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: NC 12 south to Avon, left on Kinnakeet Drive, right Greenwood Place
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Hot Tub, Outside Lighting, Outside Shower, Sun Deck
  • Flood Zone: X
  • Headline: Avon Semi-Oceanfront!
  • Heated Sq Ft: 1568
  • L V T Date: 03/30/2023
  • Phase: 1
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: R-1
  • Advertised Income 2020: 44846
  • Advertised Income 2021: 50486
  • Deed Book Pg Number: 0001
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C24757
  • 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
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Optional with Additional Fee
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 175
  • Hoa Contact: William Jennette
  • HOA Contact: 757-971-0231

Lot Info

  • Estimated Lot Sq Ft: 11000
  • Lot Description: Level
  • Lot Number: Lot 92
  • Estimated Lot Size: 0.25
  • Deed Book: 1889

Rental Info

  • Est Annual Rental Income: 46157
  • Estimated Rental Performance: 0.0745
  • Rental Co: Vacasa - Hatteras
  • Rental Cottage Name: Lucky Duck
  • Rental Cottage Number: 296
  • Rental Phone Number: 252-489-4333
  • Rental Contact Email: ashley.house@vacasa.com
  • Rental Contact Name: Ashley House

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2022
  • Taxes: 2704

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
May 9, 2023
Sold by
Arrowood Paul L and Arrowood Dana H
Bought by
Stone Wayne Matthew
Seller's Agent
Trafton Reynolds
NC 12 Realty
Buyer's Agent
April Contestable
Brindley Beach Vacations & Sal
List Price
$619,500
Sold Price
$619,500
Views
19
Current Estimated Value
$627,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,137
Avg. Annual Appreciation
1.09%
Original Mortgage
$385,000
Outstanding Balance
$374,986
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$260,513

Purchase Details

Closed on
Feb 14, 2012
Sold by
Windley William T and Windley Victoria R
Bought by
Arrowood Paul L and Arrowood Dana H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Stone Wayne Matthew $3,097,500 None Listed On Document
Stone Wayne Matthew $3,097,500 None Listed On Document
Arrowood Paul L $342,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Wayne Matthew $385,000
Closed Stone Wayne Matthew $385,000
Previous Owner Arrowood Paul L $256,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2023 05/10/23 Sold $619,500 0.0% $395 / Sq Ft
04/08/2023 04/08/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $619,500 -- $395 / 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 $2,743 $323,700 $162,300 $161,400
2023 $2,737 $330,156 $162,300 $167,856
2022 $2,704 $330,156 $162,300 $167,856
2021 $2,671 $330,156 $162,300 $167,856
2020 $1,841 $330,156 $162,300 $167,856
2019 $2,021 $305,200 $180,800 $124,400
2018 $2,021 $305,200 $180,800 $124,400
2017 $2,021 $305,200 $180,800 $124,400
2016 $1,897 $305,200 $180,800 $124,400
2014 $1,897 $305,200 $180,800 $124,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 121829

Outer Banks Association of REALTORS®

APN: 027818092