$388,000
SOLD OCT 25, 2016

Summer Winds Condominiums 1505 Salter Path Rd Unit 230 Indian Beach, NC 28512

3 Beds
2 Baths
1,355 Sq Ft
$703/mo HOA Fee

Recently Sold

$286 Per Sq Ft

3% Below List Price

29 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Gated Community
  • Morehead City Primary School Rated A-
  • Indoor Pool
  • Clubhouse

About This Home

As of January 2020

Corner, direct ocean, 3 br, 2bath condo at Summer Winds. Fantastic sweeping ocean views from inside & out. Updated & beautifully furnished. Close to the Sports Complex center & steps to the beach access & pool. Great rental too.

Last Agent to Sell the Property

Angie O'Bey

Eastern Carolina Properties License #193473 Listed on: 07/28/2016

Last Buyer's Agent

Pam Bird

Al Williams Properties License #235965

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,834

Year Built

  • Built in 1985

HOA Fees

  • $703 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Steel Frame
  • Membrane Roofing
  • Concrete Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,355 Sq Ft Home
  • Furnished
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Stove
  • Range Hood
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Secure Parking

Outdoor Features

  • Indoor Pool
  • Deck
  • Covered patio or porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Additional Features

  • Energy-Efficient Doors
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 6334.10.37.1261230

Community Details

Overview

  • Master Insurance
  • Summer Winds Condominiums Subdivision
  • Maintained Community
  • 5-Story Property

Amenities

  • Clubhouse

Recreation

  • Community Basketball Court

Pet Policy

  • Only Owners Allowed Pets

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,834

Year Built

Built in 1985

Lot Details

0

HOA Fees

$703 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Concrete, Steel Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 5.0
  • Stories Levels: 2nd Floor Unit, One
  • Year Built: 1985
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Flooring: Tile
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Furnished, Pantry, Blinds/Shades
  • List Price per Sq Ft: 295.13
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 1355.00
  • Total Heated Primary Separate Sq Ft: 1355.00

Exterior Features

  • Exterior Features: Thermal Doors, Thermal Windows
  • Exterior Finish: Brick
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Covered, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Membrane
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: On Site, Security, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Vent Hood, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Carteret-Craven EMC
  • Service Providers Sewer Provider: Community System
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Utilities: Community Sewer
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Taxes, Water, Trash, Termite Bond, Tennis Court(s), Maint - Comm Areas, Security, Pest Control, Owner Pets Only, Master Insure, Management, Maintenance Structure, Maint - Grounds, Fitness Center, Indoor Pool, Gated, Flood Insurance, Community Pool, Clubhouse, Cable
  • HOAAssociationFee1Year: 8436.00

Lot Info

  • Deed Page: 243.00
  • Plat Book: 85
  • Plat Page: 10g
  • Zoning: B1

Tax Info

  • Tax Identifier: 6334.10.37.1261230
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 663.00
  • Total Real Estate Property Taxes: 1834.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2019
Closed on
Jan 2, 2020
Sold by
Lanier Franklin F and Lanier Kathryn C
Bought by
Richard John Albert and Richard Rebecca A
Seller's Agent
Jacqueline Davidian
Eastern Carolina Properties
Buyer's Agent
Craig Van Dyke
Bluewater Real Estate CC
List Price
$425,000
Sold Price
$402,000
Premium/Discount to List
-$23,000
-5.41%
Current Estimated Value
$711,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,851
Avg. Annual Appreciation
12.03%
Original Mortgage
$381,600
Outstanding Balance
$340,744
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$407,401

Purchase Details

Listed on
Jul 28, 2016
Closed on
Oct 19, 2016
Sold by
Loheide Stephen R and Loheide Michele D
Bought by
Lanier Franklin F and Lanier Kathryn C
Seller's Agent
Angie O'Bey
Eastern Carolina Properties
Buyer's Agent
Pam Bird
Al Williams Properties
List Price
$399,900
Sold Price
$388,000
Premium/Discount to List
-$11,900
-2.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.11%
Original Mortgage
$333,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 2, 2006
Sold by
Whalen John B and Whalen Geraldine F
Bought by
Loheide Stephen R and Loheide Michele D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 11, 2002
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $402,000 None Available
Warranty Deed $388,000 Attorney
Warranty Deed $570,000 None Available
Deed $258,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $381,600 New Conventional
Previous Owner $333,000 Adjustable Rate Mortgage/ARM
Previous Owner $417,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2020 01/14/20 Sold $402,000 -5.4% $295 / Sq Ft
11/21/2019 11/21/19 Pending -- -- --
08/18/2019 08/18/19 For Sale $425,000 +9.5% $311 / Sq Ft
10/25/2016 10/25/16 Sold $388,000 -3.0% $286 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $399,900 -- $295 / 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
2024 $14 $396,000 $0 $396,000
2023 $1,361 $396,000 $0 $396,000
2022 $1,322 $396,000 $0 $396,000
2021 $1,322 $396,000 $0 $396,000
2020 $1,322 $396,000 $0 $396,000
2019 $1,069 $340,000 $0 $340,000
2017 $1,069 $340,000 $0 $340,000
2016 $1,069 $340,000 $0 $340,000
2015 $1,834 $340,000 $0 $340,000
2014 $2,156 $404,000 $0 $404,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100023295

Hive MLS

APN: 6334.10.37.1261230