$420,000
SOLD JUN 12, 2017

1550 Salter Path Rd Unit 501 Indian Beach, NC 28512

3 Beds
3 Baths
1,789 Sq Ft
$604/mo HOA Fee

Recently Sold

$235 Per Sq Ft

2% Below List Price

115 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ocean View
  • Boat Ramp
  • Morehead City Primary School Rated A-
  • Boat Dock
  • Home fronts a sound

About This Home

As of July 2019

Absolutely gorgeous views invite you to this large light and bright 1789 sq ft Sound front condo with 3 bedrooms and 3 full large baths at The Nautical Club! This 5th floor end unit has an additional 725 sq ft of outside living space with wrap around decks on 3 sides facing west for the best sunsets on the Island! New stainless steel appliances, new lighting, maple hardwood floors in Living room will make this a place to call home!Penthouse includes gym, study, fully stocked kitchen, and event room. Motivated Seller!!

Last Agent to Sell the Property

Jimmy Paylor

RE/MAX Ocean Properties License #264290 Listed on: 01/17/2017

RE/MAX Ocean Properties

Last Buyer's Agent

Emma Singleton

Emerald Isle Realty License #180070

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14

Year Built

  • Built in 2007

Lot Details

  • Home fronts a sound
  • End Unit

HOA Fees

  • $604 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 1,789 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Double Pane Windows
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Electric Cooktop
  • Stove
  • <<builtInMicrowave>>
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Bulkhead
  • Boat Ramp
  • Balcony
  • Deck
  • Covered patio or porch
  • Outdoor Gas Grill

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Private Sewer
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 6334.05.28.1548501

Community Details

Overview

  • Master Insurance
  • The Nautical Club Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Boat Dock
  • RV or Boat Storage in Community
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$14

Year Built

Built in 2007

Lot Details

0

HOA Fees

$604 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Block, Steel Frame, Concrete
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: End Unit
  • Year Built: 2007
  • Road Frontage Type: Sound Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate, Wood, See Remarks
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 1st Floor Master, Solid Surface, Walk-In Closet, Walk-in Shower, Pantry, Blinds/Shades
  • Laundry Location: Closet
  • List Price per Sq Ft: 238.26
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 1789.00
  • Total Heated Primary Separate Sq Ft: 1789.00

Exterior Features

  • Exterior Features: DP50 Windows, Thermal Windows, Gas Grill
  • Exterior Finish: Block, Steel Siding
  • Fencing: None
  • Foundation: Block, Pilings, Brick/Mortar
  • Porch Balcony Deck: Balcony, Porch, Covered, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Membrane
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site, Shared, Paved

Utilities

  • Appliances Equipment: Cooktop - Electric, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer, Dishwasher
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Community Sewer, Private Sewer, Community Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Ramp, Taxes, Street Lights, Sidewalk, RV/Boat Storage, Maint - Comm Areas, Picnic Area, Master Insure, Maintenance Structure, Maint - Roads, Maint - Grounds, Fitness Center, Community Pool, Clubhouse
  • HOAAssociationFee1Year: 7248.00

Lot Info

  • Deed Page: 272.00
  • Lot Water Features: Boat Dock, Water Access Comm, Water Depth 4+, Deeded Water Access, Deeded Water Rights, Bulkhead, Boat Ramp
  • Plat Page: 478
  • Zoning: RESIDENTIAL
  • Lot View Type: Ocean View, Water View, Sound View

Tax Info

  • Tax Identifier: 6334.05.28.1548501
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2018
Closed on
Jul 17, 2019
Sold by
Leggett Ronnie W and Leggett Debra H
Bought by
Workman Carole and Workman Michael
Seller's Agent
Kelinda & Linda Rike
Linda Rike Real Estate
Buyer's Agent
DONNA AND TEAM NEW BERN
Keller Williams Realty
List Price
$449,000
Sold Price
$426,500
Premium/Discount to List
-$22,500
-5.01%
Current Estimated Value
$687,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,175
Avg. Annual Appreciation
8.32%

Purchase Details

Listed on
Jan 17, 2017
Closed on
Jun 6, 2017
Sold by
Gardner Bruce and Gardner Elizabeth
Bought by
Leggett Ronnie W and Leggett Debra H
Seller's Agent
Jimmy Paylor
RE/MAX Ocean Properties
Buyer's Agent
Emma Singleton
Emerald Isle Realty
List Price
$429,000
Sold Price
$420,000
Premium/Discount to List
-$9,000
-2.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.73%

Purchase Details

Listed on
Mar 27, 2013
Closed on
May 8, 2013
Sold by
Rbc Real Estate Finance Inc
Bought by
Gardner Bruce and Gardner Elizabeth
Seller's Agent
Nautical Club Team EI
Bluewater Real Estate - EI
Buyer's Agent
Heidi Lanier
Bluewater Real Estate - EI
List Price
$290,500
Sold Price
$290,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
Original Mortgage
$50,000
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage
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 $426,500 None Available
Warranty Deed $420,000 None Available
Special Warranty Deed $290,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2019 07/17/19 Sold $426,500 -5.0% $240 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
08/30/2018 08/30/18 For Sale $449,000 +6.9% $252 / Sq Ft
06/12/2017 06/12/17 Sold $420,000 -2.1% $235 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $429,000 +47.7% $240 / Sq Ft
05/10/2013 05/10/13 Sold $290,500 0.0% $182 / Sq Ft
04/09/2013 04/09/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $290,500 -- $182 / 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 $395,520 $0 $395,520
2023 $1,360 $395,520 $0 $395,520
2022 $1,716 $395,520 $0 $395,520
2021 $1,320 $395,520 $0 $395,520
2020 $1,320 $395,520 $0 $395,520
2019 $914 $290,000 $0 $290,000
2017 $914 $290,000 $0 $290,000
2016 $914 $290,000 $0 $290,000
2015 $1,509 $290,000 $0 $290,000
2014 $1,733 $350,000 $0 $350,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100043550

Hive MLS

APN: 6334.05.28.1548501