NOT LISTED FOR SALE

1827 Salter Path Rd Atlantic Beach, NC 28512

Estimated Value: $2,188,216 - $2,762,000

7 Beds
8.5 Baths
5,040 Sq Ft
$494/Sq Ft Est. Value

Last Sold March 13, 2019

Last sale price $1,911,000 $379 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $18,692/month

Highlights

  • Ocean Front
  • Home Theater
  • Ocean Side of Freeway
  • Morehead City Primary School Rated A-
  • In Ground Pool
  • Deck

About This Home

As of March 2019

Lovely Ocean Front Sandcastle with all the bells and whistles! 7 en suite bedrooms + bonus room - with Bogue Sound or Ocean Views from just about every room in the house. Reverse floor plan with an elevator provides panoramic views from living areas and easy access. Ocean Front Pool and Hot Tub,and Private Boardwalk to the Wide Sandy Beaches! Media Room and Game Room plus Open Floor Plan make this a property of INTEREST! Grossing $186k booked for 2018 as of 10/9/18 - the renters love this home! ''Sail Away'' has hosted many destination weddings and you can see why with its spacious living areas, room to sleep a crowd, large kitchen with 2 dishwashers, and gorgeous VIEWS - Full Remodel Underway Due to Hurricane Florence.Seller is a licensed NC RE Agent.

Last Agent to Sell the Property

Margaret Nelson

Advantage Coastal Properties License #239790 Listed on: 12/19/2018

Last Buyer's Agent

Angela Clark

Emerald Isle Realty License #285241

Emerald Isle Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,970

Year Built

  • Built in 2004

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 101x299x103x297
  • Ocean Front
  • Wood Fence
  • Sprinkler System
  • Property is zoned R25

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 5,040 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Home Theater

Kitchen

  • Double Oven
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Intercom
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Water Softener
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 632412962325000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,970

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Water Softener, Washer, Refrigerator, Microwave - Built-In, Dryer, Double Oven
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 80.00
  • Directions To Property: Emerald Dr, turns into Salter Path Rd as you leave the city limits of Emerald Isle, house will be on the right as you travel into Indian Beach, driveway framed by tall palms.
  • Fencing: Wood
  • Fireplace: 1
  • Foundation: Slab
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Handicap Accessible: Elevator
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100143578
  • List Priceper Sq Ft: 416.67
  • Location Type: Island
  • Lot Acres: 0.68
  • Lot Dimensions: 101x299x103x297
  • Lot Sq Ft: 29621.00
  • Lot Water Features: Ocean Side
  • Marketing City: Emerald Isle
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Balcony, Patio, Porch, Covered, Deck
  • Prospect Exempt: No
  • Rental Income Gross Rental Income: 186504.00
  • Annual Gross Rental Income Collected: 2018
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • School District: Carteret
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Sq Ft Heated: 5040.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Subdivision: Not In Subdivision
  • Tax Identifier: 632412962325000
  • Tax Year: 2017
  • Terms: Cash, Conventional
  • Total City Real Estate Property Tax: 2568.00
  • Total Real Estate Property Taxes: 5970.00
  • Total Heated Primary Separate Sq Ft: 5040.00
  • Waterview: Yes
  • Year Built: 2004
  • Zoning: R25
  • Road Frontage Type: Ocean Front
  • Lot View Type: Ocean View, Water View, Sound View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors, Whirlpool, Wet Bar, Walk-In Closet, Walk-in Shower, Sprinkler System, Solid Surface, Elevator, Intercom/Music, Home Theater, Gas Logs, Furnished, Blinds/Shades, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Closet
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 9.00
  • Bedrooms: 7

Exterior Features

  • Exterior Features: Gas Grill, Outdoor Shower, Thermal Windows
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shower
  • On Site Pool Spa: Hot Tub, In Ground
  • Roof: Shingle
  • Waterfront: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Heated Sq Ft: 5000 - 5499
  • Heating System: Heat Pump
  • Utilities: Community Water, Septic On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2018
Closed on
Mar 7, 2019
Sold by
Clark Andrew R and Clark Kathleen W
Bought by
Gallaher Steven and Steven Gallaher Exempt Trust
Seller's Agent
Margaret Nelson
Advantage Coastal Properties
Buyer's Agent
Angela Clark
Emerald Isle Realty
List Price
$2,100,000
Sold Price
$1,911,000
Premium/Discount to List
-$189,000
-9%
Current Estimated Value
$3,468,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,557,053
Avg. Annual Appreciation
3.94%
Original Mortgage
$350,000
Outstanding Balance
$314,177
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,174,562

Purchase Details

Closed on
Aug 20, 2004
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Gallaher Steven $1,911,000 None Available
-- $1,875,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallaher Steven $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2019 03/13/19 Sold $1,911,000 -9.0% $379 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
12/19/2018 12/19/18 For Sale $2,100,000 -- $417 / 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
2025 $6,688 $2,928,743 $1,852,031 $1,076,712
2024 $3,738 $1,070,625 $333,500 $737,125
2023 $3,655 $1,070,625 $333,500 $737,125
2022 $3,548 $1,070,625 $333,500 $737,125
2021 $3,548 $1,070,625 $333,500 $737,125
2020 $3,548 $1,070,625 $333,500 $737,125
2019 $3,402 $1,092,693 $333,500 $759,193
2017 $3,402 $1,092,693 $333,500 $759,193
2016 $3,402 $1,092,693 $333,500 $759,193
2015 $5,861 $1,092,693 $333,500 $759,193
2014 $8,553 $1,610,929 $699,520 $911,409
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100143578

Hive MLS

APN: 6324.12.96.2325000