NOT LISTED FOR SALE

Summer Winds Condominiums 1505 Salter Path Rd Unit 523 Indian Beach, NC 28512

Estimated Value: $528,117 - $548,000

2 Beds
2 Baths
1,062 Sq Ft
$485/mo HOA Fee

Last Sold January 27, 2017

Last sale price $297,000 $280 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,472/month

66 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 2017

Enjoy beautiful ocean views from this 5th floor - just one from direct ocean- condo. Large deck to watch dolphins play and sunrise. Great condition, wonderfully maintained with Hurricane Shutters front and back, 10 Year Warranty on HVAC system and upgraded appliances. Offered furnished with few exceptions. Used only as a second home.

Last Listed By

Angie O'Bey

Eastern Carolina Properties License #193473 Listed on: 10/07/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10

Year Built

  • Built in 1985

Lot Details

  • 305

HOA Fees

  • $485 Monthly HOA Fees

Property Views

Home Design

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

Interior Spaces

  • 1,062 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Great Room
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 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
  • Well
  • Electric Water Heater
  • On Site Septic
  • Septic Tank
  • Community Sewer or Septic
  • Cable TV Available

Additional Features

  • Energy-Efficient Doors
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 6334.10.37.1261523

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
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$10

Year Built

Built in 1985

Lot Details

0

HOA Fees

$485 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: 3 Story or More
  • 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: Carpet, Tile
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s)
  • List Price per Sq Ft: 296.52
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Bedroom 2 Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1062.00
  • Total Heated Primary Separate Sq Ft: 1062.00

Exterior Features

  • Exterior Features: Shutters - Board/Hurricane, Thermal Windows, Thermal Doors
  • Exterior Finish: Brick
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • 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, Well Water, Septic On Site, Community Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Sewer, Water, Trash, Termite Bond, Tennis Court(s), Taxes, 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: 5820.00

Lot Info

  • Deed Page: 705.00
  • Special Assessments: none known
  • Zoning: B1
  • Lot View Type: Ocean View, Sound View

Tax Info

  • Tax Identifier: 6334.10.37.1261523
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2016
Closed on
Jan 5, 2017
Sold by
Steiberg Ruth A and Steiberg Vernon O
Bought by
Holder Dennis Wayne and Holder Cheryl Lynn
Seller's Agent
Angie O'Bey
Eastern Carolina Properties
Buyer's Agent
Malcolm Boartfield
Bluewater Real Estate - EI
List Price
$314,900
Sold Price
$297,000
Premium/Discount to List
-$17,900
-5.68%
Total Days on Market
66
Current Estimated Value
$536,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,029
Original Mortgage
$237,600
Outstanding Balance
$201,165
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1999

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
Holder Dennis Wayne $297,000 None Available
-- $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holder Dennis Wayne $237,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2017 01/27/17 Sold $297,000 -5.7% $280 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
10/07/2016 10/07/16 For Sale $314,900 -- $297 / 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 $10 $274,800 $0 $274,800
2023 $949 $274,800 $0 $274,800
2022 $922 $274,800 $0 $274,800
2021 $922 $274,800 $0 $274,800
2020 $922 $274,800 $0 $274,800
2019 $759 $240,000 $0 $240,000
2017 $759 $240,000 $0 $240,000
2016 $759 $240,000 $0 $240,000
2015 $1,299 $240,000 $0 $240,000
2014 -- $270,000 $0 $270,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100032967

Hive MLS

APN: 6334.10.37.1261523