Shore Realty Outer Banks Home Sales

Listing Details For 40300 Ocean Isle Loop in Avon


MLS #: 76220
40300 Ocean Isle Loop
Avon, NC 27915
Selling Price: $681,000
Asking Price: $754,000
Closing Date: 12/27/2013
Status: Sold CO OP by Member
Status Date: 12/30/2013



Listing Information

Headline$82,330.00 Booked in 2013
AreaAvon Oceanside
Beds8
Full Baths7
Partial Baths1
Asking Price$754,000
Price Date12/30/2013
Original Asking Price$799,000
Total Tax Assessed Value$1,189,400
Land Tax Assessd Value$547,200
Price Per Square Foot$179
Days On Market473
Cumulative Days On Market473
Days On MLS473
Cumulative Days On MLS473
Listing Date9/10/2012
Listing TypeExclusive Right Sell
Input Date Date9/10/2012
Update Date12/30/2013 8:32:00 PM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
StyleContemporary,Reverse Floor Plan
Year Built2003
Heated Living Area4216
Air ConditoningCentral,Heat Pump,Zoned
HeatingElectric,Forced Air,Zoned
AppliancesDisposal,Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer,2nd Dishwasher
GarageNone
Interior FeaturesCathedral Ceiling(s),Dryer Connection,Gas Fireplace,Some Windows Treated,Washer Connection,Wet Bar
ExtrasBeach Access,Ceiling Fan(s),Covered Decks,Fenced Yard,Hot Tub,Jet Tub,Landscaped,Smoke Detector(s),Sun Deck
Floor CoveringsCarpet,Ceramic Tile
AppliancesDisposal,Dishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer,2nd Dishwasher
ConstructionFrame
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeIn Ground,Fiberglass,Heated
ExteriorShakes
FoundationPiling
Optional RoomsLoft,Home Theater

Lot Details & Legal Description

Address40300 Ocean Isle Loop
SubdivisionOcean Isle Esta
Full Subdivision NameOcean Isle Estates
CountyDare
CityAvon
StateNC
Zip27915-
Deed Page0141
Deed Book1877
Doc Timestamp11/12/2013 5:06:00 PM
Pin Number064014229868
Tax Database ID4
Tax Property ID064014229868
Lot Square Feet16500
Lot DescritionCorner,Level
View DescriptionOcean
Distance To WaterSemi-Oceanfront
Zoningres
Flood ZoneAE
ParkingPaved
RoadsPaved
Association AmenitiesOcean Access,Board Walk

Property Expense & Utilities

If the seller of this property located at 40300 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 Year2012
Property Taxes$4,819
Water SourceMunicipal
Septic Disposal SystemPrivate Septic

Financial's

Rental Cottage NameOcean Isle
Rental Cottage #591
Rental Turnover DaySaturday
Finance OptionsCash,Conventional
Furniture Available ?Yes
Furniture Price/Bill Of Sale Amount$1
PossessionAt Closing
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count8

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 40300 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$80,363
Current Rental Income Amount$77,045
Current Rental Year2010
Last Year2011
Rental Income Last Year$81,185
Last Year2011
Gross Income 2013 $$82,330
Gross Income Year To Date$80,363

Listing Agent Remarks

This spacious 8 bedroom, 7.5 bath Semi Ocean Front home in prestigious "Ocean Isle Estates" offers outstanding rental income year after year. Vacationers appreciate the open floor plan and amenities including a great room with a home theater, fireplace, game room with kitchenette, loft with commanding ocean views, heated pool & hot tub and less than 200' to the beach access. Killer price to income ratio. Put this one on your best buy list! 2013 bookings so far are $82,330.00 Positive cash flow on this one! 2014 Rents Booked $63,615.00! 7% property management rate with Outer Beaches!

Directions

Before the first stop light in Avon and across the street from the Breeze Thru gas station

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 40300 Ocean Isle Loop in Avon is provided courtesy of Sandra Byers of Resort Realty - NH. 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 40300 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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