NOT LISTED FOR SALE

1829 Salter Path Rd Atlantic Beach, NC 28512

Estimated Value: $1,770,000 - $3,285,000

6 Beds
3 Baths
1,667 Sq Ft
$1,451/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $500,000 $300 Per Sq Ft

Est. 384% increase in value since last sale

Current estimated payment $13,079/month

385 Days on Market

Highlights

  • Ocean Front
  • Ocean Side of Freeway
  • Wood Flooring
  • Morehead City Primary School Rated A-
  • Deck
  • Great Room

About This Home

As of February 2013

Now at an incredibly low price! Discover a view that everyone dreams about from both inside & outside areas of this classic, 6 bedroom, oceanfront beach cottage. Beachfront home priced less than the cost of the lot which stretches 100' wide. Home offers 4BR's/2BA's/Living/Kitchen-Dining in main house and 2BR's/1BA/Den in detached guest suite. Enjoy ocean breezes from an oceanfront gazebo. Solid rental history. Unfurnished. Being sold 'As-Is'. Cooling: New 2005 Heating: New 2005 Possession: Vacation Rental Roof: New 2009 Sewer: New Drain Field 2004

Last Agent to Sell the Property

Donald Whiteside

Emerald Isle Realty License #172902 Listed on: 11/16/2011

Emerald Isle Realty

Last Buyer's Agent

Donald Whiteside Jr

Emerald Isle Realty, Inc. License #172902

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 0.71 Acre Lot
  • Lot Dimensions are 100 x 301 x 100 x 319
  • Ocean Front
  • Chain Link Fence

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Brick Exterior Construction
  • Raised Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,667 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Partial Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Deck

Utilities

  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 632412961321000

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Cooling System: See Remarks
  • Deed Page: 2.00
  • Directions To Property: West end of Salter Path Road, just East of Emerald Isle on oceanfront, Look for For Sale sign
  • Document Count: 4
  • Fencing: Chain Link, Partial
  • Foundation: Raised, Slab
  • Listing I D: 11104666
  • List Priceper Sq Ft: 317.34
  • Location Type: Island
  • Lot Acres: 0.71
  • Lot Dimensions: 100 X 301 X 100 X 319
  • Lot Number: 1
  • Lot Sq Ft: 30927.60
  • Lot Water Features: Ocean Side
  • Marketing City: Indian Beach
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Maintained, Paved
  • Great Room Level: Second
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Sq Ft Heated: 1667.00
  • State Province: NC
  • Stories: 1.0
  • Stories Levels: One and One Half
  • Subdivision: Not In Subdivision
  • Tax Identifier: 632412961321000
  • Terms: Cash, Conventional
  • Total Heated Primary Separate Sq Ft: 1667.00
  • Un Branded Virtual Tour: http://www.homesandland.com/unbrandedEZTour?17718117&EZTourId=1642556&width=720&height=540
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 1983
  • 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, Kitchen
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 6
  • Bedroom2 Level: Second
  • Bedroom3 Level: Second
  • Bedroom4 Level: Second
  • Bedroom5 Level: Second
  • Bedroom6 Level: Second
  • Family Room Level: Second
  • Kitchen Level: Second
  • Primary Bedroom Level: Second

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Brick Veneer, Vinyl Siding
  • Exterior Structures: Shower
  • Roof: See Remarks, Shingle
  • Waterfront: Yes

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: Paved

Utilities

  • Heated Sq Ft: 1600 - 1799
  • Heating System: Heat Pump, Other-See Remarks
  • Utilities: Municipal Water, See Remarks, Septic On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2011
Closed on
Feb 28, 2013
Sold by
Mcbride Johnny Cabbel and Mcbride Sarah Morrison
Bought by
Peterson Terry W and Peterson Erica B
Seller's Agent
Donald Whiteside
Emerald Isle Realty
Buyer's Agent
Donald Whiteside
Emerald Isle Realty
List Price
$735,000
Sold Price
$500,000
Premium/Discount to List
-$235,000
-31.97%
Current Estimated Value
$2,418,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,918,089
Avg. Annual Appreciation
13.03%
Original Mortgage
$400,000
Outstanding Balance
$271,950
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$2,146,139

Purchase Details

Closed on
Feb 10, 2011
Sold by
Mcbride Kimberley
Bought by
Mcbride Johnny Cabbell and Mcbride Sarah Morrison

Purchase Details

Closed on
Aug 10, 2010
Sold by
Mcbride Jonathan C
Bought by
Mcbride Johnny Cabbell and Mcbride Sarah Morrison

Purchase Details

Closed on
May 18, 2007
Sold by
Mcbride Johnny Cabbel and Mcbride Sarah Morrison
Bought by
Mcbride Johnny Cabbel and Mcbride Sarah Morrison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Peterson Terry W $500,000 None Available
Mcbride Johnny Cabbell -- None Available
Mcbride Johnny Cabbell -- None Available
Mcbride Johnny Cabbel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Terry W $400,000
Previous Owner Mcbride Johnny Cabbel $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2013 02/28/13 Sold $500,000 -32.0% $300 / Sq Ft
12/05/2012 12/05/12 Pending -- -- --
11/16/2011 11/16/11 For Sale $735,000 -- $441 / 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 $5,215 $2,274,156 $1,665,310 $608,846
2024 $2,065 $578,460 $336,400 $242,060
2023 $1,982 $578,460 $336,400 $242,060
2022 $1,924 $578,460 $336,400 $242,060
2021 $1,924 $578,460 $336,400 $242,060
2020 $1,924 $578,460 $336,400 $242,060
2019 $1,835 $587,075 $336,400 $250,675
2017 $1,325 $574,826 $336,400 $238,426
2016 $1,594 $533,962 $336,400 $197,562
2015 $2,740 $509,316 $336,400 $172,916
2014 $4,749 $893,115 $705,280 $187,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 11104666

Hive MLS

APN: 6324.12.96.1321000