Listing Details For 40485 Ocean Isle Loop in Avon

Closing Price:
$869,000
40485 Ocean Isle Loop, Avon, NC 27915
7 bd
7 ba
5002 sq ft
MLS #: 108506
Status: Closed

Sold Details

Status: Closed
Sold Price: $840,000.00
Closing Date: 4/13/2020
Contract Date: 3/11/2020
Seller Concessions: Yes
Concession Comments: Buyers Credit
Total Days on Market:
Cumulative Days on Market: 12
Due Diligence Date: 3/25/2020

Listing Information

Area: Avon Oceanside
Mls Status: Closed
Days On Market: 12
Cumulative Days On Market: 12
Listing Price: $869,000
Original Listing Price: $869,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 4/16/2020
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 5002
Asking Price Per SqFt: $174.00
Heated Living Area Sq Ft: 5002
BedroomsTotal: 7
Bathrooms Full: 7
Bathrooms Partial: 2
Year Built: 2004
Architectural Style: Contemporary, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Range/Oven, Stackable Washer/Dryer, Washer, Wine Cooler, Wall Oven
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Heated, In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar, Walk-In Closet(s)
Heating: Central, Electric, Heat Pump
Room Type: Foyer, Game Room, Pantry, Shipswatch
Flooring: Carpet, Cork, Ceramic Tile
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Ocean Isle Esta
Subdivision Name: Ocean Isle Estates
Deed Book: 2273
Deed Book Page Number: 0004
County Pin Number: 064018226206
Price Change: 4/15/2020
Road Surface: Paved, Private

Lot Details

Land Tax Value: 114800
Total Assessed Value: 771800
Lot Size Acres: 0.41
Lot Size Square Feet: 18000
Lot Features: Corner Lot, Level
Waterfront: None
View: Ocean, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $5,223.00
Flood Zone: AE
Water Source: Municipal
Contract Status Change Date: 4/16/2020
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: Lap Siding
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Elevator,Fenced Yard,Hot Tub,Jet Tub,Landscaped,Outside Lighting,Outside Shower,Security System,Smoke Detector(s),Sun Deck,Tiki Bar,Inside Laundry Room
Fuel Tanks: Leased
Primary Residence: No

Rental Income

Annual Rental Income: 122966
Rental Performance: 0.1464

Listing Agent Remarks

Whether you are looking for the perfect investment property or vacation home, "Jamman Again" could be exactly what you are looking for! Located in the exclusive Ocean Isle Estate Subdivision, this beautiful decorated and maintained 7-bedroom, 7-full bath and 2-half bath stunner will win your heart. Enjoy fun in the sand as the home is just a short walk to the beach or have fun in the sun right at home while enjoying your private heated pool, 12 person in-ground hot tub, outside bathroom, two outside showers, cabana bar, gas grill, 2 park grills and commercial ice-maker. Inside, the fun continues in the large game room with pool table, card table room and wet bar equipped with a dishwasher and a full refrigerator! Enjoy the convenience of an indoor laundry room with two full-sized stacked washer/dryer combos and built in ironing board. Enjoy sound and ocean views from every window on the top floor where you'll find a spacious living area complete with gas fireplace and luxurious furnishings; an incredible kitchen with wet bar, 2 dishwashers, gas and electric range ovens and plentiful dining spaces. But wait...it gets even better...take the exterior stairs from the upstairs decks to the furnished tower room with phenomenal views of the ocean and all of Avon village. To take the worries of maintenance off your mind, this home boasts a new roof and new hot water heaters and will soon have new granite countertops in the pool cabana. You need to see this home to appreciate the loving care that has been dedicated to keeping this property in pristine condition. No wonder this property is such a rental superstar with ROI of more than 14%!! Don't miss your chance to own this extraordinary home. Come and visit today!!

Directions

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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 40485 Ocean Isle Loop 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 40485 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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