Listing Details For 41470 Portside Drive in Avon

Closing Price:
$1,255,000
41470 Portside Drive, Avon, NC 27915
6 bd
6 ba
4049 sq ft
MLS #: 122841
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,100,000.00
Closing Date: 5/29/2024
Off Market Date: 5/3/2024
Contract Date: 5/6/2024
Seller Concessions: No
Concession Comments: Price reduction due to repairs needed
Total Days on Market:
Cumulative Days on Market: 241
Due Diligence Date: 5/19/2024

Listing Information

Area: Avon Soundside
Mls Status: Closed
Days On Market: 241
Cumulative Days On Market: 241
Listing Price: $1,255,000
Original Listing Price: $1,600,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 5/30/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4049
Total Living Area Sq Ft: 4049
Asking Price Per SqFt: $310.00
Heated Living Area Sq Ft: 4049
BedroomsTotal: 6
Bathrooms Full: 6
Bathrooms Partial: 1
Year Built: 2004
Garage: Carport
Architectural Style: Contemporary, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, 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: Breakfast Nook, Foyer, Game Room, Loft
Flooring: Carpet, Ceramic Tile, Hardwood
Construction Materials: Frame, Wood Siding

Legal Description

Phase: 22
County: Dare
Subdivision: Kinnakeet Shores
Deed Book: 2425
Deed Book Page Number: 0949
County Pin Number: 053916920501
Price Change: 5/29/2024
Road Surface: Paved
Association Amenities: Common Area, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Sound Access

Lot Details

Lot Size Acres: 0.07
Lot Size Dimensions: 3000 sq ft
Lot Size Square Feet: 3000
Lot Features: Adj. To Common Area, Level
Lot Faces: W
Waterfront: Soundfront
View: Ocean, Sound, Salt Marsh
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $5,090.00
Flood Zone: AE,Shaded X,X
Water Source: Municipal
Contract Status Change Date: 5/30/2024
Estimated Annual Fee Amt: $1,050.00
Sewer: Shared Septic
Association Fee Includes: Management, Pool, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Cement Fiber Board,Lap Siding
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Elevator,Handicap Friendly,Hot Tub,Outside Lighting,Outside Shower,Patio,Sauna,Sun Deck,Dry Entry,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Pat Weston
Primary Residence: No
HOA Contact Info: obxblondie@aol.com

Rental Income

Annual Rental Income: 168798
Rental Performance: 0.1535
Owner Rental Income 2024 Amount: 114748
Avertised Income 2024 Amount: 133058
Owner Renatl Income 2023 Amount: 147497
Avertised Income 2023 Amount: 168798
Owner Renatl Income 2022 Amount: 137695
Avertised Income 2021 Amount: 156285
Owner Rental Income 2021 Amount: 107294
Avertised Income 2021 Amount: 123476

Listing Agent Remarks

Priced at $1,255,000!! 3 Martinis is an exemplary SoundFront home located in Kinnakeet Shores, in the Village of Avon. LOCATION, LOCATION, LOCATION!! With all the amenities included! Elevator, handicap friendly, private & association swimming pool, hot tub, Sauna, workout room & equipment, game room & wet bar, extra sitting areas on all levels, expansive water views, all bedrooms offer ensuite bathrooms, open and spacious living floor plans with phenomenal sunset views! With sound to ocean views, beautiful sunsets and comforts and conveniences at your fingertips, there is something for everyone! For the optimum viewing area, the spiral stairs lead up to a fourth level loft with both sound and ocean views and observation deck. With a combination of shaded and sundecks, you can take in the sights, sounds and spectacular water views in comfort any time of day. A shared boardwalk just one house down leads to the sandy beach, which makes this the perfect place for water-sport enthusiasts to launch their craft. Some of the best kite surfing launches on the East Coast are within minutes away, as well as Atlantic Ocean 4x4 driving access and parking lots, shopping, local eateries, free ferry to Ocracoke down Hwy 12. 3 Martinis offers Fantastic Rental Income at $156K Advertised Rents in 2022, $168K Advertised Rents in 2023 with $133K in bookings for 2024 already!! 3 Martinis is an extraordinary rental investment property, but would be well suited for either a second home or primary residence as well! Schedule your appointment today!

Directions

S Hwy 12, Right in Kinnakeet Shores Subdivision left at Roundabout to Pony Pasture Road, Left onto Portside Drive, follow down to PH 22, 3 Martinis will be on the 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 41470 Portside Drive in Avon is provided courtesy of Midgett Realty - Avon . 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 41470 Portside 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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