Listing Details For 42237 Griggs Lane in Avon

Closing Price:
$504,500
42237 Griggs Lane, Avon, NC 27920
4 bd
3 ba
1568 sq ft
MLS #: 109331
Status: Closed

Sold Details

Status: Closed
Sold Price: $494,500.00
Closing Date: 8/6/2020
Contract Date: 6/15/2020
Seller Concessions: Yes
Concession Comments: $5,454 closing cost assistance.
Total Days on Market:
Cumulative Days on Market: 254

Listing Information

Area: Avon Oceanside
Mls Status: Closed
Days On Market: 253
Cumulative Days On Market: 254
Listing Price: $504,500
Original Listing Price: $504,500
Possession: Close Of Escrow
Short Sale: No
Price Date: 8/7/2020
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 1568
Asking Price Per SqFt: $322.00
Heated Living Area Sq Ft: 1568
BedroomsTotal: 4
Bathrooms Full: 3
Year Built: 1985
Architectural Style: Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Underground
Foundation: Piling
Pool: No
Counter Tops: Solid Surface
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Central, Heat Pump
Flooring: Carpet, Vinyl
Construction Materials: Frame

Legal Description

County: Dare
Subdivision: Askins Creek
Deed Book: 1563
Deed Book Page Number: 0204
County Pin Number: 054917115921
Price Change: 8/6/2020
Road Surface: Private

Lot Details

Lot Size Acres: 0.18
Lot Size Square Feet: 8000
Lot Features: Beach Frontage, Cul-De-Sac, Waterfront
Waterfront: Ocean Front
View: Ocean, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $2,487.00
Flood Zone: AE,VE
Flood Insurance Expense: 540
Water Source: Municipal
Contract Status Change Date: 8/7/2020
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: Shakes,Wood
Extras: Beach Access,Ceiling Fan(s),Screened Porch,Storm Doors,Sun Deck
Primary Residence: No

Rental Income

Annual Rental Income: 61922
Rental Performance: 0.1252

Listing Agent Remarks

Come check out "Air Waves" which has been generating some fantastic rental numbers. Annual income totals have consistently exceeded $55,000 and reached as much as $67,500 in the past 5 years. Air Waves is located on a south Avon street with a good dune line and just 4 other cottages which provides a feeling of privacy while being within reach of all Avon has to offer, including Ramp 38 that is just a few blocks away. When you are not enjoying the screen porch, the front, rear and sky decks offer wonderful ocean and sound water views. The top level has vaulted ceilings and skylights for a light and airy feel. The owners have nicely maintained the home and there is an updated kitchen with solid surface counter tops. Call the listing agent for an investment analysis that will show why this home should be at the top of your list!

Directions

NC 12 South to Avon, left on Griggs Lane.

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 42237 Griggs Lane in Avon is provided courtesy of NC 12 Realty carla@nc12realty.com. 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 42237 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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