Closing Price:
$999,000
40315 Ocean Isle Loop, Avon, NC 27915
8 bd
8 ba
4001 sq ft
MLS #: 68039
Status: Closed

Sold Details

Status: Closed
Sold Price: $999,000.00
Closing Date: 2/28/2011
Contract Date: 1/10/2011
Total Days on Market:
Cumulative Days on Market: 513

Listing Information

Area: Avon Oceanside
Mls Status: Closed
Days On Market: 513
Cumulative Days On Market: 513
Listing Price: $999,000
Original Listing Price: $999,000
Short Sale: Yes
Price Date: 9/23/2010
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4001
Asking Price Per SqFt: $250.00
Heated Living Area Sq Ft: 4001
BedroomsTotal: 8
Bathrooms Full: 8
Bathrooms Partial: 2
Year Built: 2002
Sub Type: Single Family Residence
Pool: No
Builder Name: BDA

Legal Description

County: Dare
Subdivision: Ocean Isle Esta
Deed Book: 1568
Deed Book Page Number: 0171
County Pin Number: 064014322903
Price Change: 2/27/2011

Lot Details

Lot Size Square Feet: 18000
Waterfront: Ocean Front
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2010
Annual Property Taxes: $7,389.00
Home Oner Insurance Expense: 6473
Flood Insurance Expense: 476
Yearly Water Expense: 829
Yearly Expense: Actual
Yearly Elecric Expense: 5297
Yearly Telephone Expense: 528
Yearly Cable Tv Expense: 1584
Contract Status Change Date: 2/28/2011
Estimated Annual Fee Amt: $35.00
Septic Fee: 750
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
HashTag of Units: 1
Primary Residence: No

Rental Income

Annual Rental Income: 123795
Rental Performance: 0.1239

Listing Agent Remarks

Ocean front on Hatteras - Avon Short Sale Oceanfront Home! Stunning ocean views. Tax value is over $1.8 million! This beautiful home is spacious, newer built and fantastically priced. Investors should be able to expect a positive return on this very popular vacation home. Over $124,000 in gross rentals. Avon offers all the advantages of being centrally located to Hatteras attractions and having shopping and groceries as well. This sprawling oceanfront home boasts a private pool, elevator, huge game room, hot tub and million dollar views of the Hatteras Nat'l Seashore and Atlantic Ocean. Step out the door to world class surf fishing, swim, surf and enjoy the nicest, cleanest beaches on the East Coast of the US. The solitude and rugged beauty of Hatteras in the fall and winter will be that much more enjoyable with the living room fireplace glowing. With over 4,000 feet of luxury home to enjoy, every member of the family will find their special place.

Directions

Hwy 12 to Avon. Turn into Ocean Isle Estates, house on oceanfront side of street.

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 40315 Ocean Isle Loop in Avon is provided courtesy of The Dean Agency . 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 40315 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 252-441-3416 OR 800-647-1868.
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