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Closing Price:
$399,000
40022 Reef Drive, Avon, NC 27915
4 bd
2 ba
1584 sq ft
MLS #: 68393
Status: Closed

Sold Details

Status: Closed
Sold Price: $350,000.00
Closing Date: 8/12/2011
Contract Date: 7/12/2011
Seller Concessions: Yes
Total Days on Market:
Cumulative Days on Market: 1515

Listing Information

Area: Avon Soundside
Mls Status: Closed
Days On Market: 1514
Cumulative Days On Market: 1515
Listing Price: $399,000
Original Listing Price: $399,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 8/13/2011
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: 1584
Asking Price Per SqFt: $252.00
Heated Living Area Sq Ft: 1584
BedroomsTotal: 4
Bathrooms Full: 2
Year Built: 1987
Architectural Style: Cottage
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Underground
Foundation: Piling
Pool: No
Cooling: Central Air, Heat Pump
Heating: Electric, Heat Pump
Flooring: Carpet, Vinyl
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Port Avon
Subdivision Name: Port Avon
Deed Book: 1094
Deed Book Page Number: 0391
County Pin Number: 053908993944
Price Change: 8/12/2011
Road Surface: Paved

Lot Details

Lot Size Dimensions: 80x122x80x120
Lot Size Square Feet: 15000
Lot Features: Bulkheaded
Lot Faces: East
Water Frontage: 80
Waterfront: Soundfront
View: Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2010
Annual Property Taxes: $2,045.00
Home Oner Insurance Expense: 1816
Flood Zone: VE
Flood Insurance Expense: 347
Water Source: Municipal
Yearly Water Expense: 333
Yearly Elecric Expense: 1624
Yearly Telephone Expense: 350
Yearly Cable Tv Expense: 489
Contract Status Change Date: 8/13/2011
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 50
Bank/Institution Owned: No
Exterior: Shakes,Wood
HashTag of Units: 1
Primary Residence: No
Street Frontage : 80

Rental Income

Annual Rental Income: 20980
Rental Performance: 0.0599

Listing Agent Remarks

This house is a great find, located in the Village of Avon, a quiet neighborhood, fishing and boating, launching from the landing, wide spance of water views and beautiful sunsets. Good rental history with returning guests each year. Upgrades include complete new septic system in 2007; new heat pumps in 2008 and 2010; boardwalk replaced in 2011; north and south side of exterior walls resided and weatherproofed in 2011; new carpet and vinyl on first floor in 2011 and decor update 2011.

Directions

Turn into Avon Village take left at McMullen go to Reef Dr. House on Right

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 40022 Reef Drive in Avon is provided courtesy of Outer Beaches Realty - Hatteras . 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 40022 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.
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