Listing Details For 42218 Griggs Lane in Avon

Closing Price:
$649,000
42218 Griggs Lane, Avon, NC 27915
4 bd
4 ba
1608 sq ft
MLS #: 124141
Status: Closed

Sold Details

Status: Closed
Sold Price: $605,000.00
Closing Date: 3/19/2024
Contract Date: 2/3/2024
Seller Concessions: Yes
Concession Comments: $2500 credit
Total Days on Market:
Cumulative Days on Market: 51
Due Diligence Date: 3/11/2024

Listing Information

Area: Avon Oceanside
Mls Status: Closed
Days On Market: 51
Cumulative Days On Market: 51
Listing Price: $649,000
Original Listing Price: $649,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 3/20/2024
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: 1608
Asking Price Per SqFt: $404.00
Heated Living Area Sq Ft: 1608
BedroomsTotal: 4
Bathrooms Full: 4
Year Built: 1985
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Parking: Off Street, Paved
Foundation: Piling
Pool: No
Counter Tops: Quartz
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Electric, Forced Air
Flooring: Carpet, Tile, Vinyl
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Askins Creek
Deed Book: 1701
Deed Book Page Number: 0279
County Pin Number: 054917113864
Price Change: 3/19/2024
Road Surface: Private

Lot Details

Lot Size Acres: 0.22
Lot Size Square Feet: 9500
Lot Features: Cul-De-Sac, Level
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $2,594.00
Flood Zone: Shaded X,X
Water Source: Municipal
Contract Status Change Date: 3/20/2024
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),Hot Tub,Outside Shower
Fuel Tanks: None
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: None

Rental Income

Annual Rental Income: 45000
Rental Performance: 0.0744
Owner Rental Income 2024 Amount: 16177
Owner Renatl Income 2023 Amount: 34125
Owner Renatl Income 2022 Amount: 31815

Listing Agent Remarks

Discover coastal living at its best with this semi-oceanfront gem in Avon, NC, a home that is not just a residence but a high-performing investment with a $45,000 rental projection on file. Lovingly maintained, this abode features a fortified roof, new decks, and windows. The updated kitchen reflects modern elegance, ensuring that you're hosting with style and ease. The three thoughtfully designed levels cater to both privacy and social gatherings. On the lower level, an en-suite provides a private haven alongside two additional bedrooms sharing a well-appointed bath. The open floor plan on the main floor is ideal for entertaining, complete with a full bath for convenience. The top level is the ultimate retreat—an en-suite with an oceanside deck boasting a hot tub and unrivaled views of the ocean, sound, and lighthouse. Step outside to savor the vibrant life in Avon. From exceptional dining and shopping to water sports and fishing, the area is rich with activities for all ages. This property is not just a home; it's a top-tier rental opportunity, inviting guests to indulge in the beauty and adventures of the Outer Banks. Don't just take our word for it; come see this beautifully-maintained home today and envision the lifestyle and income potential for yourself. This property offers beauty, comfort, and a smart investment opportunity all in one. Secure your slice of paradise in Avon and experience a world where every day feels like a getaway!

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 42218 Griggs Lane 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 42218 Griggs Lane 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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