$325,000
SOLD JUL 20, 2017

Summer Winds Condominiums 1505 Salter Path Rd Unit 412 Indian Beach, NC 28512

3 Beds
2 Baths
1,272 Sq Ft
$577/mo HOA Fee

Recently Sold

$256 Per Sq Ft

4% Below List Price

123 Days on Market

Highlights

  • Ocean Front
  • Deeded access to the beach
  • Indoor Pool
  • Morehead City Primary School Rated A-
  • Fitness Center
  • RV or Boat Storage in Community

About This Home

As of May 2022

Lovely 3 bedroom 2 bath unit overlooking the pool and and ocean with great views of both! Never been a rental but could easily gross $25K per year. In great shape and nicely decorated, ceramic tile floors in living areas and remodeled master bath. Summerwinds is a resort complex with 3 outdoor pools, indoor pool, sports complex with racquetball, snack bar and gym,basketball, tennis courts and a restaurant. Make this your home away from home or investment rental property!Potential rental income $23,000. No Pending assessments!

Last Agent to Sell the Property

Kitch Ayre

Kitch Ayre Real Estate License #165043 Listed on: 03/02/2017

Last Buyer's Agent

Lynne Griffin

CENTURY 21 Coastland Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13

Year Built

  • Built in 1985

HOA Fees

  • $577 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,272 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • <<builtInMicrowave>>
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Indoor Pool
  • Deeded access to the beach
  • Ocean Side of Freeway
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Community Sewer or Septic

Additional Features

  • Energy-Efficient Doors

Listing and Financial Details

  • Assessor Parcel Number 6334.10.27.8237412

Community Details

Overview

  • Summer Winds Condominiums Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • RV or Boat Storage in Community
  • Community Basketball Court

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$13

Year Built

Built in 1985

Lot Details

0

HOA Fees

$577 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Concrete
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 4th Floor or Higher Unit
  • Year Built: 1985
  • 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: 1200 - 1399
  • Interior Amenities: Blinds/Shades, Elevator, Furnished, Ceiling Fan(s)
  • Laundry Location: Kitchen
  • List Price per Sq Ft: 267.29
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1272.00
  • Total Heated Primary Separate Sq Ft: 1272.00

Exterior Features

  • Exterior Features: Thermal Doors
  • Exterior Finish: Stucco
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved
  • Roof: Membrane
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Paved, Shared

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Community Sewer, Municipal Sewer

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Restaurant, Tennis Court(s), Taxes, RV/Boat Storage, Fitness Center, Maintenance Structure, Maint - Roads, Maint - Grounds, Maint - Comm Areas, Indoor Pool, Gated, Community Pool, Clubhouse
  • HOAAssociationFee1Year: 6924.00

Schools

  • School District: Carteret

Lot Info

  • Deed Page: 234.00
  • Lot Dimensions: 00
  • Lot Water Features: Deeded Beach Access, Ocean Side
  • Zoning: Residential
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 6334.10.27.8237412
  • Tax Year: 2015

MLS Schools

  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
May 4, 2022
Sold by
Ruffin Richard C and Ruffin Mary L
Bought by
Riddle Michael Anthony
Seller's Agent
Lynne Griffin
Century 21 Coastal Advantage
Buyer's Agent
Martha Martin
Sun-Surf Realty
List Price
$515,000
Sold Price
$567,000
Premium/Discount to List
$52,000
10.1%
Current Estimated Value
$662,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,274
Avg. Annual Appreciation
4.99%
Original Mortgage
$400,500
Outstanding Balance
$380,550
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$281,724

Purchase Details

Listed on
Mar 2, 2017
Closed on
Jul 18, 2017
Sold by
Keesee Kenneth David and Keesee Gloria Herring
Bought by
Ruffin Richard C and Ruffin Mary L
Seller's Agent
Kitch Ayre
Kitch Ayre Real Estate
Buyer's Agent
Lynne Griffin
CENTURY 21 Coastland Realty
List Price
$339,999
Sold Price
$325,000
Premium/Discount to List
-$14,999
-4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.29%
Original Mortgage
$248,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 15, 2000
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $567,000 --
Warranty Deed $325,000 None Available
Deed $214,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,500 New Conventional
Previous Owner $248,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $567,000 +10.1% $446 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $515,000 +58.5% $405 / Sq Ft
07/20/2017 07/20/17 Sold $325,000 -4.4% $256 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $339,999 -- $267 / 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 $13 $358,800 $0 $358,800
2023 $1,235 $358,800 $0 $358,800
2022 $1,199 $358,800 $0 $358,800
2021 $0 $358,800 $0 $358,800
2020 $1,199 $358,800 $0 $358,800
2019 $877 $278,000 $0 $278,000
2017 $877 $278,000 $0 $278,000
2016 $877 $278,000 $0 $278,000
2015 $1,502 $278,000 $0 $278,000
2014 $1,552 $290,000 $0 $290,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100050774

Hive MLS

APN: 6334.10.27.8237412