Closing Price:
$1,899,000
$1,899,000
40297 Ocean Isle Loop,
Avon, NC 27915
10 bd
11 ba
5145 sq ft
MLS #: 110863
Status: Closed
Sold Details
Status: Closed
Sold Price: $1,835,000.00
Closing Date: 4/5/2021
Contract Date: 2/6/2021
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 155
Due Diligence Date: 3/18/2021
Listing Information
Area: Avon Oceanside
Mls Status: Closed
Days On Market: 155
Cumulative Days On Market: 155
Listing Price: $1,899,000
Original Listing Price: $1,999,000
Short Sale: No
Price Date: 4/14/2021
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 5145
Asking Price Per SqFt: $369.00
Heated Living Area Sq Ft: 5145
BedroomsTotal: 10
Bathrooms Full: 11
Bathrooms Partial: 1
Year Built: 2003
Garage: Carport
Architectural Style: Contemporary, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Private
Counter Tops: Granite
Cooling: Central Air
Interior Features: Wet Bar
Heating: Electric, Forced Air
Room Type: Game Room, Home Theater
Flooring: Carpet, Ceramic Tile, Hardwood
Construction Materials: Frame, Wood Siding
Legal Description
County: Dare
Subdivision: Ocean Isle Esta
Subdivision Name: Ocean Isle Estates
Deed Book: 2138
Deed Book Page Number: 638
County Pin Number: 064014331080
Price Change: 4/13/2021
Road Surface: Paved, Private
Lot Details
Land Tax Value: 463300
Total Assessed Value: 1674600
Lot Features: Beach Frontage, Level
Waterfront: Ocean Front
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2020
Annual Property Taxes: $9,609.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 4/14/2021
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,Ceiling Fan(s),Covered Decks,Elevator,Handicap Friendly,Outside Lighting,Outside Shower,Sun Deck,Inside Laundry Room
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: None
Rental Income
Annual Rental Income: 214450
Rental Performance: 0.1169
Owner Rental Income 2021 Amount: 209417
Avertised Income 2021 Amount: 216442
Listing Agent Remarks
"Castlemere" has the 'WOW' factor that will keepvisitors coming back year after year! With beautiful views and 10 bedrooms this home offers the complete package for multi-family renters looking for ample living space and amazing views! Walk into the bottom game room level to find ample space, a 55" flat screen, and 3 master bedrooms, all on the first level! After a round of pool, take the elevator up to the middle level to find 5 more spacious bedrooms. When you'reready for a meal and some family fun, head up to the top level and enjoy dinner in the large dining room, spacious kitchen, and the final 2bedrooms. The large cathedral ceilings and gourmet kitchen offer optimal space for large groups spending their week at the beach. Speaking of the beach, head over the dune to spend your day sunning, fishing, paddle boarding, or take a walk down to the world famous Avon pier! This home is also in close proximity to Spa Koru, the Beach Klub, and many great restaurants - all within walking distance. Ready to invest in a beachfront beauty? With a ROI of more than 10% and more than $216K already on the books for 2021, "Castlemere" is sure to please! Recent improvements include a new roof and new stone driveway in 2019; resurfaced pool and new coping as well as new carpeting in 2018. Improvements in 2017 included: new gas grill, new flooring, newbedspreads, fresh exterior trim paint, new refrigerators and dishwashers in the kitchen and a new ice machine in game room. This is one you don't want to miss...come and visit Castlemere today!!
Directions
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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 40297 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
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