Closing Price:
$450,000
$450,000
40100 Reef Drive,
Avon, NC 27915
4 bd
2 ba
1152 sq ft
MLS #: 120395
Status: Closed
Sold Details
Status: Closed
Sold Price: $400,000.00
Closing Date: 2/14/2023
Contract Date: 1/10/2023
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 112
Due Diligence Date: 1/30/2023
Listing Information
Area: Avon Soundside
Mls Status: Closed
Days On Market: 112
Cumulative Days On Market: 112
Listing Price: $450,000
Original Listing Price: $499,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 2/17/2023
Furnishing Available: No
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 1152
Asking Price Per SqFt: $391.00
Heated Living Area Sq Ft: 1152
BedroomsTotal: 4
Bathrooms Full: 2
Year Built: 1984
Sub Type: Single Family Residence
Appliances: Dryer, Refrigerator, Washer
Roof: Asphalt
Parking: Off Street, Unpaved
Foundation: Piling
Pool: No
Cooling: Central Air, Heat Pump
Heating: Central, Electric, Heat Pump
Flooring: Tile
Construction Materials: Frame, Modular (Pre-Fab), Wood Siding
Legal Description
County: Dare
Subdivision: Port Avon
Deed Book: 1349
Deed Book Page Number: 0007
County Pin Number: 053908993423
Price Change: 2/16/2023
Road Surface: Paved, Public
Lot Details
Lot Size Acres: 0.34
Lot Size Square Feet: 15000
Lot Features: Bulkheaded, Cul-De-Sac, Level, Waterfront
Waterfront: Soundfront
View: Sound
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2022
Annual Property Taxes: $1,970.00
Flood Zone: AE,Shaded X
Water Source: Municipal
Contract Status Change Date: 2/17/2023
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: Wood
Extras: Ceiling Fan(s),Outside Shower,Screened Porch,Storage Shed,Sun Deck,Boat Dock
Fuel Tanks: None
HOA Contact Name: None
Primary Residence: Yes
HOA Contact Info: None
Rental Income
Annual Rental Income: 53865
Rental Performance: 0.1347
Listing Agent Remarks
What a SOUND investment this is!! Waterfront property in Avon! Whether you are looking for a year round residence, vacation home, rental cottage pr long term investment opportunity, you do NOT want to miss this chance to own your coveted piece of Hatteras Island. This 4-bedroom, 2 full bath house is located at the end of a quiet cul-de-sac. The LARGE 15,000 square foot corner lot is bulkheaded and includes a 28' boat slip. Kayaking, swimming, fishing, crabbing, bird watching, windsurfing and kiting are all conveniently available at your front door. Shopping, dining and entertainment are all just minutes away! The unique, unobstructed views are outstanding. Put your feet up, relax and enjoy the absolutely spectacular sunsets...PRICELESS!! To make this opportunity even more attractive, the adjacent 9,500 square foot bulkheaded lot (Lot 7) is currently for sale by the same owner, offering equally incredible views and the added opportunity to own a HUGE gorgeous soundfront property. While currently utilized as a primary residence with this amazing location, this property could also be a solid rental performer...in fact our rental projection (see Associated Documents) shows rents of more than $53K!! This is truly a rare chance that you do NOT want to miss...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 40100 Reef Drive 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
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 40100 Reef Drive 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.
For Immediate Service
252-441-3416 (Local OBX)
800-647-1868 (Toll Free)