NOT LISTED FOR SALE

117 Salter Path Rd Unit 503a Pine Knoll Shores, NC 28512

Estimated Value: $592,000 - $775,000

2 Beds
2 Baths
1,124 Sq Ft
$750/mo HOA Fee

Last Sold April 22, 2021

Last sale price $525,000 $467 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,515/month

237 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Covered Patio or Porch
  • Morehead City Primary School Rated A-
  • Furnished
  • Balcony

About This Home

As of April 2021

Beautiful 3rd floor, direct oceanfront condo with amazing views! This condo is fully furnished condo with a few exceptions and makes a fantastic investment property or second home. Aside from one of the best views on the beach, amenities include high ceilings, oceanfront deck, ceiling fans throughout and hurricane shutters. The complex amenities offer outdoor swimming pool and elevator.

Last Agent to Sell the Property

Jeannie Reynolds

Atlantic Beach Realty License #214184 Listed on: 08/06/2020

Last Buyer's Agent

Basnight Garner Real Estate

Keller Williams Crystal Coast

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002

Lot Details

  • Ocean Front

HOA Fees

  • $750 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,124 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Pest Guard System

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 6365.19.52.2063503

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Shuttersob Subdivision
  • Maintained Community

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Resident Manager or Management On Site
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2002

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 3rd Floor Unit
  • Year Built: 2002
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 9Ft+ Ceilings, Furnished, Walk-in Shower, Smoke Detectors, Pantry, Blinds/Shades, Ceiling Fan(s)
  • Laundry Location: Closet
  • List Price per Sq Ft: 520.46
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Sq Ft Heated: 1124.00
  • Total Heated Primary Separate Sq Ft: 1124.00

Exterior Features

  • Exterior Features: Shutters - Board/Hurricane
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Paved
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Assigned, On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Ice Maker, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Community Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, No Tenant Pets, Trash, Roof, Pest Control, Owner Pets Only, Maint - Comm Areas, Master Insure, Management, Maintenance Structure
  • HOAAssociationFee1Year: 9000.00

Lot Info

  • Deed Page: 212.00
  • Special Assessments: Hurricane Assessmen $6500 paid
  • Zoning: residential
  • Lot View Type: Ocean View

Rental Info

  • Rental Income Gross Rental Income: 37370.00
  • Annual Gross Rental Income Collected: 2019

Tax Info

  • Tax Identifier: 6365.19.52.2063503
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Apr 7, 2021
Sold by
Creighton Marshall Stronach and Creighton Charles Scott
Bought by
Bunn William H and Bunn Laura S
Seller's Agent
Jeannie Reynolds
Atlantic Beach Realty
Buyer's Agent
Basnight Garner Real Estate
Keller Williams Crystal Coast
List Price
$595,000
Sold Price
$525,000
Premium/Discount to List
-$70,000
-11.76%
Current Estimated Value
$689,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,581
Avg. Annual Appreciation
6.01%
Original Mortgage
$393,750
Outstanding Balance
$355,793
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$333,788

Purchase Details

Closed on
Dec 31, 2019
Sold by
Stronach George T and Stronach Anne H
Bought by
Abramson Nancy S and Stronach George T

Purchase Details

Closed on
Sep 27, 2002
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bunn William H $525,000 None Available
Abramson Nancy S -- None Available
-- $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bunn William H $393,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2021 04/22/21 Sold $525,000 -11.8% $467 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
07/15/2020 07/15/20 For Sale $595,000 -- $529 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,708 $715,468 $0 $715,468
2024 $1,470 $403,650 $0 $403,650
2023 $1,387 $403,650 $0 $403,650
2022 $1,347 $403,650 $0 $403,650
2021 $1,347 $403,650 $0 $403,650
2020 $1,347 $403,650 $0 $403,650
2019 $1,162 $370,000 $0 $370,000
2017 $1,162 $370,000 $0 $370,000
2016 $1,162 $370,000 $0 $370,000
2015 $1,125 $370,000 $0 $370,000
2014 $1,275 $420,000 $0 $420,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jeannie Reynolds

    Atlantic Beach Realty

  • B

    Buyer's Agent in 2021

    Basnight Garner Real Estate

    Keller Williams Crystal Coast

See All Agents

Map

Source: Hive MLS

MLS Number: 100226891

Hive MLS

APN: 6365.19.52.2063503

North Carolina Carteret County Pine Knoll Shores 28512

117 Salter Path Rd Unit 503a, Pine Knoll Shores, NC

Not Listed for Sale

Condos

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