NOT LISTED FOR SALE

Summer Winds Condominiums 1505 Salter Path Rd Unit 331 Indian Beach, NC 28512

Estimated Value: $613,825 - $667,000

3 Beds
2 Baths
1,347 Sq Ft
$703/mo HOA Fee

Last Sold June 22, 2017

Last sale price $350,000 $260 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,353/month

21 Days on Market

Highlights

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

About This Home

As of June 2017

DIRECT OCEAN, 3 bedroom, furnished, end unit with over $33,000 in gross booked rentals in 2017. 3rd floor unit has a large corner deck, open floor plan, principal bedroom and ocean front bedroom with fantastic views. Very good condition. Make this your next home or great investment!

Last Listed By

Angie O'Bey

Eastern Carolina Properties License #193473 Listed on: 05/06/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,677

Year Built

  • Built in 1984

Lot Details

  • End Unit

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

  • 1,347 Sq Ft Home
  • Furnished
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Tile

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 6334.09.27.5141331

Community Details

Overview

  • Master Insurance
  • Summer Winds Condominiums Subdivision
  • Maintained Community
  • 6-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

$1,677

Year Built

Built in 1984

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: 6.0
  • Stories Levels: 3rd Floor Unit, End Unit
  • Year Built: 1984
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Furnished, Pantry, Blinds/Shades
  • List Price per Sq Ft: 288.79
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 1347.00
  • Total Heated Primary Separate Sq Ft: 1347.00

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, 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, Tennis Court(s), Water, Trash, Termite Bond, Maint - Comm Areas, Taxes, 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: 484.00
  • Special Assessments: none known
  • Zoning: B1

Rental Info

  • Rental Income Gross Rental Income: 33306.00
  • Annual Gross Rental Income Collected: 2017

Tax Info

  • Tax Identifier: 6334.09.27.5141331
  • Tax Year: 2016
  • Total City Real Estate Property Tax: 717.00
  • Total Real Estate Property Taxes: 1677.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2017
Closed on
Jun 14, 2017
Sold by
Bunch William H and Bunch Donna O
Bought by
Burbine Daniel H
Seller's Agent
Angie O'Bey
Eastern Carolina Properties
Buyer's Agent
Malcolm Boartfield
Bluewater Real Estate - EI
List Price
$389,000
Sold Price
$350,000
Premium/Discount to List
-$39,000
-10.03%
Total Days on Market
21
Current Estimated Value
$636,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,956

Range of Values:

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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
Burbine Daniel H $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bunch William H $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2017 06/22/17 Sold $350,000 -10.0% $260 / Sq Ft
05/27/2017 05/27/17 Pending -- -- --
05/06/2017 05/06/17 For Sale $389,000 -- $289 / 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 $1,219 $354,000 $0 $354,000
2023 $1,219 $354,000 $0 $354,000
2022 $1,183 $354,000 $0 $354,000
2021 $0 $354,000 $0 $354,000
2020 $1,183 $354,000 $0 $354,000
2019 $961 $305,000 $0 $305,000
2017 $961 $305,000 $0 $305,000
2016 $961 $305,000 $0 $305,000
2015 $1,647 $305,000 $0 $305,000
2014 $1,653 $309,000 $0 $309,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100061547

Hive MLS

APN: 6334.09.27.5141331