Shore Realty Outer Banks Home Sales

Listing Details For 40272 Ocean Isle Loop in Avon


MLS #: 72341
40272 Ocean Isle Loop
Avon, NC 27915
Selling Price: $652,500
Asking Price: $685,000
Closing Date: 3/21/2014
Status: Sold CO OP by Member
Status Date: 3/22/2014



Listing Information

HeadlineBEST BUY - 12% GRIP
AreaAvon Oceanside
Beds7
Full Baths7
Partial Baths1
Asking Price$685,000
Price Date3/22/2014
Original Asking Price$845,000
Price Per Square Foot$192
Days On Market820
Cumulative Days On Market820
Days On MLS820
Cumulative Days On MLS820
Listing Date10/28/2011
Listing TypeExclusive Right Sell
Input Date Date10/28/2011
Update Date3/22/2014 4:47:00 PM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
StyleContemporary,Reverse Floor Plan
Year Built2002
Heated Living Area3572
Air ConditoningCentral,Heat Pump,Zoned
HeatingCentral,Electric,Heat Pump,Zoned
AppliancesDishwasher,Dryer,Microwave,Range/Oven,Refrigerator w/Ice Maker,Washer
Interior Features9' Ceilings,Gas Fireplace,Master Bath
ExtrasBeach Access,Boardwalk to Beach,Ceiling Fan(s),Elevator,Hot Tub,Landscaped,Outside Shower,Sun Deck
Floor CoveringsCarpet,Ceramic Tile,Wood Laminate
AppliancesDishwasher,Dryer,Microwave,Range/Oven,Refrigerator w/Ice Maker,Washer
ConstructionFrame,Wood
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeOutdoor,In Ground,Concrete,Heated
ExteriorCement Fiber Board
FoundationPiling
Optional RoomsGame Room,Shipswatch
Virtual TourGame Room,Shipswatch

Lot Details & Legal Description

Address40272 Ocean Isle Loop
SubdivisionOcean Isle Esta
Full Subdivision NameOcean Isle Estates
CountyDare
CityAvon
StateNC
Zip27915-
Deed Page267
Deed Book1635
Doc Timestamp2/27/2014 9:29:00 PM
Pin Number064014228841
Tax Database ID4
Tax Property ID064014228841
Lot Square Feet19000
View DescriptionOcean
Distance To Water2 - lots from o
ZoningR-1
Flood ZoneAE
ParkingPaved
RoadsPaved,Public
Association AmenitiesOcean Access,Board Walk

Property Expense & Utilities

If the seller of this property located at 40272 Ocean Isle Loop in Avon has provided the expenses, you will see them below, as provided by the listing agent. If there are no expenses listed, give Shore Realty of the OBX a call and let us do the research for you. It helps to know! Local 252-441-3416 or 800-647-1868. OBX Local experts here to help you!

Association Fee Y/NNo
Tax Year2013
Property Taxes$4,202
Water SourceMunicipal
Septic Disposal SystemPrivate Septic

Financial's

Rental Cottage NameAvon Sea Breeze
Rental Cottage #600
Rental Turnover DaySAT
Finance OptionsCash,Conventional
Furniture Available ?Yes
Bill Of Sale?Yes
Furniture Price/Bill Of Sale Amount$1
PossessionAt Closing
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count6

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 40272 Ocean Isle Loop is used as a vacation rental home or as a year round rental, you will see the income listed below if provided by the seller's agent. A lack of rental numbers does not necessarily mean the property is not rented out. For more call 800-647-1868 and we can get you the actual rental numbers.

Yearly Income Actual/EstimatedActual
Gross Annual Rental Income$84,590
Current Rental Income Amount$82,740
Current Rental Year2012
Last Year2011
Rental Income Last Year$79,476
Last Year2011
Gross Income 2013 $$84,590
Gross Income Year To Date$82,740

Listing Agent Remarks

This is the real deal with outstanding income to price ratio and no short sale hassles. This home rents 26 weeks a season with consistently good income. Tour "Avon Sea Breeze" and see its five master suites, ELEVATOR, beautiful kitchen with double stainless steel appliances, spacious great room and dining area to accommodate large family gatherings, decorator furnishings and fixtures and fine electronics, a large tiled game room with full size pool table, wet bar and fridge, and convenient bathroom adjacent to the lovely patio and 14 x 28 heated pool and hot tub. Easy beach access is just steps away in Avon's best oceanfront community. Recent upgrades include new wood laminate flooring and complete exterior painting in 2010 and 2011. Start building family memories now in this luxurious, easy to own ocean side cottage.

Directions

North Ocean Isle Loop on 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 40272 Ocean Isle Loop in Avon is provided courtesy of Steven Dwight of Surf or Sound 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 40272 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.

Schools

The school systems on the Outer Banks are never lacking for money. With most of the property owners living out of town, there is a disproportionate amount of tax money available to the schools, the result is lots of money spent per pupil.

We have 2 county school systems on the OBX, the Currituck County School System for residents of Corolla and the Currituck Mainland AND the Dare County School System for residents of the beach's from Duck south through Nags Head to Hatteras Island, Manteo and the Dare County Mainland.

Looking for more info about this property or another OBX properties? We can answer all your questions. Call DIRECT 800-647-1868 or fill out this form and let us know what you need, so we can start to help. It is easier than you think.




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