Closing Price:
$850,000
$850,000
40272 Ocean Isle Loop,
Avon, NC 27915
7 bd
7 ba
3572 sq ft
MLS #: 110832
Status: Closed
Sold Details
Status: Closed
Sold Price: $850,000.00
Closing Date: 3/17/2021
Off Market Date: 12/27/2020
Contract Date: 1/27/2021
Seller Concessions: Yes
Concession Comments: Credit $20,000
Total Days on Market:
Cumulative Days on Market: 109
Due Diligence Date: 3/15/2021
Listing Information
Area: Avon Oceanside
Mls Status: Closed
Days On Market: 109
Cumulative Days On Market: 109
Listing Price: $850,000
Original Listing Price: $850,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 9/3/2020
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 3572
Asking Price Per SqFt: $238.00
Heated Living Area Sq Ft: 3572
BedroomsTotal: 7
Bathrooms Full: 7
Bathrooms Partial: 1
Year Built: 2002
Garage: Carport
Architectural Style: Contemporary, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Outdoor Pool, Private
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Central, Electric, Forced Air, Heat Pump
Room Type: Game Room, Loft, Media Room
Flooring: Carpet, Ceramic Tile, Laminate
Construction Materials: Frame, Wood Siding
Legal Description
County: Dare
Subdivision: Ocean Isle Esta
Subdivision Name: Ocean Isle Estates
Deed Book: 1954
Deed Book Page Number: 0175
County Pin Number: 064014228841
Price Change: 3/20/2021
Road Surface: Paved, Private
Lot Details
Land Tax Value: 204800
Total Assessed Value: 744600
Lot Size Acres: 0.44
Lot Size Square Feet: 19000
Lot Features: Level
Waterfront: 2 - lots from oceanfront (3rd row
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2020
Annual Property Taxes: $4,273.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 3/21/2021
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Elevator,Hot Tub,Jet Tub,Outside Shower,Sun Deck
Fuel Tanks: None
HOA Contact Name: none
Primary Residence: No
HOA Contact Info: None
Rental Income
Annual Rental Income: 101365
Rental Performance: 0.1193
Owner Rental Income 2021 Amount: 94380
Avertised Income 2021 Amount: 104840
Listing Agent Remarks
If you are looking for the perfect vacation home or investment opportunity, look no further!! "Avon Sea Breeze" offers the perfect location - just 2 lots from the ocean in the beautiful Ocean Isle Estates subdivision and within walking distance to all the shopping, dining and entertainment that Avon has to offer! There is a community boardwalk to the beach just steps away, but this home has so much to offer, you may just want to stay home and enjoy your large private pool, hot tub, and tons and tons of decks! Step inside and be amazed at the space!! This 7 bedroom, 7 full bath and 1 half bath home also offers a game room with wet bar (with refrigerator and microwave - great for those poolside drinks and snacks!); a mid-level media room/den for extra space and an additional loft/reading room!! The top level boasts a beautiful open layout, floor to ceiling windows, a king master suite with jacuzzi and shower and...if two is your favorite number, check out the gourmet kitchen with TWO dishwashers, TWO refrigerators and incredible space for entertaining a crowd. Recent Improvements include a new fortified roof and 7 person hot tub in 2020. And to sweeten the deal...the seller is currently having the entire exterior of the house repainted and any damaged trim or hardiboard replaced as part of the process. This home truly has it all...no wonder it is such an incredible rental performer with ROI of more than 11% and more than $104K already on the books for 2021!!! "Avon Sea Breeze" will blow you away...come and visit today!!
Directions
(none)Official MLS Disclaimer
The data relating to real estate for sale on this web site comes from the Broker Reciprocity
Program of the Outer Banks Association of REALTORS. This property located at 40272 Ocean Isle Loop in Avon is provided
courtesy of Midgett Realty - Rodanthe C: 252-996-0124. Information is believed to be accurate but is not
warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX
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means the property at 40272 Ocean Isle Loop in Avon is no longer available for sale. If you are interested in this property
or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local
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