Listing Details For 40395 Ocean Isle Loop in Avon
1/36
Closing Price:
$2,999,999
$2,999,999
40395 Ocean Isle Loop,
Avon, NC 27915
8 bd
9 ba
6684 sq ft
MLS #: 117194
Status: Closed
Sold Details
Status: Closed
Sold Price: $2,950,000.00
Closing Date: 4/14/2022
Contract Date: 2/24/2022
Seller Concessions: Yes
Concession Comments: $15,000
Total Days on Market:
Cumulative Days on Market: 293
Due Diligence Date: 4/7/2022
Listing Information
Area: Avon Oceanside
Mls Status: Closed
Days On Market: 293
Cumulative Days On Market: 293
Listing Price: $2,999,999
Original Listing Price: $2,999,999
Possession: Close Of Escrow
Short Sale: No
Price Date: 4/18/2022
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: 6684
Asking Price Per SqFt: $449.00
Heated Living Area Sq Ft: 6684
BedroomsTotal: 8
Bathrooms Full: 9
Bathrooms Partial: 1
Year Built: 2003
Garage: Carport
Architectural Style: Contemporary, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Washer, Wall Oven
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Custom, Heated, In Ground, Outdoor Pool, Private
Counter Tops: Quartz,Silestone
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Central, Electric, Forced Air, Zoned
Room Type: Breakfast Nook, Game Room, Home Theater, Library, Loft, Media Room
Flooring: Carpet, Concrete, Ceramic Tile, Hardwood, Plank, Vinyl
Construction Materials: Frame, Wood Siding
Legal Description
County: Dare
Subdivision: Ocean Isle Esta
Subdivision Name: Ocean Isle Estates
Deed Book: 1438
Deed Book Page Number: 0461
County Pin Number: 064018321550
Price Change: 4/17/2022
Road Surface: Paved, Private
Lot Details
Lot Size Acres: 0.42
Lot Size Dimensions: 18500
Lot Size Square Feet: 18500
Lot Features: Beach Frontage, Level
Waterfront: Ocean Front
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2021
Annual Property Taxes: $12,432.00
Flood Zone: Shaded X,X
Water Source: Municipal
Contract Status Change Date: 4/18/2022
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: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Elevator,Handicap Friendly,Hot Tub,Jet Tub,Landscaped,Outside Lighting,Outside Shower,Sun Deck,Tiki Bar,Dry Entry,Inside Laundry Room
Fuel Tanks: Owned
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: None
Rental Income
Annual Rental Income: 230920
Rental Performance: 0.0783
Owner Renatl Income 2022 Amount: 266800
Avertised Income 2021 Amount: 280800
Owner Rental Income 2021 Amount: 230920
Avertised Income 2021 Amount: 244363
Listing Agent Remarks
THIS HOME IS A RENTAL POWERHOUSE!! There truly are no words to adequately describe this stunning oceanfront home!! No wonder "Bramasole" is such a solid rental performer with $280K already booked for 2022!! If you are looking for the perfect beach home/investment opportunity, look no further! This beautifully decorated and maintained 8 bedroom (ALL ARE MASTERS!), 9 full bath and 1 half bath oceanfront home in the Ocean Isle Estates subdivision of Avon has everything you could possibly be looking for. The amenities are nearly endless... 5 separate living areas; furnished decks on every level; a handicap friendly ground level master with roll-in shower; an incredible pool with a waterfall and kiddie pool; poolside tiki bar and pergola; cabana bath with outside entrance; 8 person hot tub; HUGE ground floor game room with wet bar/kitchenette with a full refrigerator, dishwasher, microwave and ice machine; mid-level library and media room with blackout shades; two washer and dryers; an incredible top level living area with breathtaking ocean and sound views, cathedral ceilings and gas fireplace; gorgeous kitchen with 2 dishwashers, dual ovens and 2 gas cooktops and granite counter tops; breakfast nook; and for even more space, a loft sitting area with wet bar and mini-fridge....this list is endless!! This property needs to be seen to be believed... come and visit today!!
Directions
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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 40395 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
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