Closing Price:
$754,000
$754,000
40300 Ocean Isle Loop,
Avon, NC 27915
8 bd
7 ba
4216 sq ft
MLS #: 76220
Status: Closed
Sold Details
Status: Closed
Sold Price: $681,000.00
Closing Date: 12/27/2013
Contract Date: 12/26/2013
Seller Concessions: Yes
Total Days on Market:
Cumulative Days on Market: 473
Listing Information
Area: Avon Oceanside
Mls Status: Closed
Days On Market: 473
Cumulative Days On Market: 473
Listing Price: $754,000
Original Listing Price: $799,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 12/30/2013
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 4216
Asking Price Per SqFt: $179.00
Heated Living Area Sq Ft: 4216
BedroomsTotal: 8
Bathrooms Full: 7
Bathrooms Partial: 1
Year Built: 2003
Garage: None
Architectural Style: Contemporary, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, Disposal, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: Yes
Pool Features: Fiberglass, Heated, In Ground
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Electric, Forced Air, Zoned
Room Type: Home Theater, Loft
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame
Legal Description
County: Dare
Subdivision: Ocean Isle Esta
Subdivision Name: Ocean Isle Estates
Deed Book: 1877
Deed Book Page Number: 0141
County Pin Number: 064014229868
Price Change: 12/29/2013
Road Surface: Paved
Association Amenities: Board Walk, Ocean Access
Lot Details
Total Assessed Value: 1
Lot Size Square Feet: 16500
Lot Features: Corner Lot, Level
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2012
Annual Property Taxes: $4,819.00
Flood Zone: AE
Water Source: Municipal
Other Yearly Expense: 547200
Contract Status Change Date: 12/30/2013
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: Shakes
HashTag of Units: 1
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Fenced Yard,Hot Tub,Jet Tub,Landscaped,Smoke Detector(s),Sun Deck
Primary Residence: No
Rental Income
Annual Rental Income: 80363
Rental Performance: 0.118
Listing Agent Remarks
This spacious 8 bedroom, 7.5 bath Semi Ocean Front home in prestigious "Ocean Isle Estates" offers outstanding rental income year after year. Vacationers appreciate the open floor plan and amenities including a great room with a home theater, fireplace, game room with kitchenette, loft with commanding ocean views, heated pool & hot tub and less than 200' to the beach access.
Killer price to income ratio. Put this one on your best buy list! 2013 bookings so far are $82,330.00 Positive cash flow on this one! 2014 Rents Booked $63,615.00! 7% property management rate with Outer Beaches!
Directions
Before the first stop light in Avon and across the street from the Breeze Thru gas stationOfficial 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 40300 Ocean Isle Loop in Avon is provided
courtesy of Resort Realty - KH . 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 40300 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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