Closing Price:
$769,000
41197 Fathom Court, Avon, NC 27915
7 bd
6 ba
3609 sq ft
MLS #: 117648
Status: Closed

Sold Details

Status: Closed
Sold Price: $810,000.00
Closing Date: 4/1/2022
Contract Date: 2/20/2022
Seller Concessions: Yes
Concession Comments: $6,500 closing costs
Total Days on Market:
Cumulative Days on Market: 5
Due Diligence Date: 3/2/2022

Listing Information

Area: Avon Soundside
Mls Status: Closed
Days On Market: 5
Cumulative Days On Market: 5
Listing Price: $769,000
Original Listing Price: $769,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 4/8/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3609
Asking Price Per SqFt: $213.00
Heated Living Area Sq Ft: 3609
BedroomsTotal: 7
Bathrooms Full: 6
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 and Association
Pool Features: Concrete, Association, Custom, Heated, In Ground, Outdoor Pool, Private
Counter Tops: Laminate
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Cedar Closet(s), Pantry, Wet Bar, Walk-In Closet(s)
Heating: Central, Electric, Heat Pump
Room Type: Foyer, Game Room, Home Theater, Loft
Flooring: Carpet, Ceramic Tile, Vinyl Tile, Laminate, Wood
Construction Materials: Frame, Wood Siding

Legal Description

Phase: 8
County: Dare
Subdivision: Kinnakeet Shores
Deed Book: 1921
Deed Book Page Number: 0359
County Pin Number: 054905175906
Price Change: 4/7/2022
Road Surface: Paved
Association Amenities: Board Walk, Common Area, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis

Lot Details

Lot Size Acres: 0.34
Lot Size Dimensions: 15000 sq ft
Lot Size Square Feet: 15000
Lot Features: Adj. To Common Area, Cul-De-Sac, Level, Waterfront
Lot Faces: S
Waterfront: Lake Front
View: Lake, Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $3,177.00
Home Oner Insurance Expense: 4478
Flood Zone: Shaded X
Other Insurance: 294
Water Source: Municipal
Yearly Expense: Actual
Contract Status Change Date: 4/8/2022
Estimated Annual Fee Amt: $550.00
Sewer: Shared Septic
Association Fee Includes: Maintenance Grounds, Management, Pool, Road Maintenance, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Cement Fiber Board,Lap Siding
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Elevator,Hot Tub,Jet Tub,Landscaped,Outside Lighting,Outside Shower,Patio,Storage Shed,Sun Deck,Tiki Bar,Boat Dock,Dry Entry,Inside Laundry Room
Fuel Tanks: Owned
HOA Contact Name: Pat Weston
Primary Residence: No
HOA Contact Info: www.kinnakeetshores.org

Rental Income

Annual Rental Income: 84355
Rental Performance: 0.1041
Owner Renatl Income 2022 Amount: 60495
Avertised Income 2021 Amount: 71145
Owner Rental Income 2021 Amount: 81695
Avertised Income 2021 Amount: 81695

Listing Agent Remarks

Serendipity is a 7 bedroom, 6.5 bathroom, Lakefront home in Kinnakeet Shores, Avon. Beautiful water views, private dock, private custom heated pool area overlooking the lakefront with tiki bar and hot tub. Elevator, gas fireplace, game room, home theater, private volleyball sand court, located a little further back from Hwy 12 with only a short and easy walk to the beach via the community boardwalk, are just a few of the amenities at Serendipity. Well loved and meticulously maintained! X FLOOD ZONE, Flood insurance is not required! Fantastic Rental Income, with $81,695 advertised rents in 2021 and $71145 advertised rents on the books for 2022 already! $84,355 Owner Rent projected for 2023! Serendipity is an excellent rental investment property, but would also be a wonderful 2nd home getaway or primary residence! Wow, this property is truly serene and splendid, what are you waiting for? Contact me today for details!

Directions

S Hwy 12, Left into Kinnakeet Shores, follow Starboard Drive, Right on Dory Lane, Right on Fathom Court, Serendipity is on the left side of the Cul De Sac.

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 41197 Fathom Court in Avon is provided courtesy of Midgett Realty - Avon . Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 41197 Fathom Court 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 252-441-3416 OR 800-647-1868.
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