NOT LISTED FOR SALE

535 Salter Path Rd Unit 3 Pine Knoll Shores, NC 28512

Estimated Value: $627,000 - $852,000

3 Beds
3 Baths
1,525 Sq Ft
$799/mo HOA Fee

Last Sold December 04, 2020

Last sale price $505,000 $331 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,834/month

8 Days on Market

Highlights

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

About This Home

As of December 2020

STUNNING, UPDATED, OCEANFRONT condo in Coral Shores offering water views from every angle! This completely remodeled condo offers a primary bedroom on the second floor with a balcony overlooking the sound, two bedrooms on the third floor with personal balconies and views. There is bonus space in the completely finished first floor with two additional flex rooms! Relax and rejuvenate with your own slice of heaven.You will love making meals in this modern and beautifully updated kitchen with high-end finishes and brand new appliances. The large balcony off of the living room allows you and your guests to enjoy the beauty and sound of the ocean waves with its calming effects. With this condo, you will also enjoy a an easy walkway to the beach and a community pool! This fully furnished condo includes completely remodeled bathrooms, new LVP & tile flooring throughout, fresh paint, brand new kitchen cabinets and counter tops! There is nothing left to do except pack your bags and move in!

Last Listed By

Cassie Digby

Keller Williams Realty License #291874 Listed on: 10/10/2020

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13

Year Built

  • Built in 1979

Lot Details

  • Ocean Front

HOA Fees

  • $799 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 1,525 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Pest Guard System
  • Laundry Room

Kitchen

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

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Parking

  • Lighted Parking
  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • In Ground Pool
  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Covered patio or porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6344.07.69.7568003

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Beacon's Reach Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$13

Year Built

Built in 1979

Lot Details

0

HOA Fees

$799 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1979
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Dining Room Type: Kitchen
  • Fireplace: None
  • Flooring: LVT/LVP, Tile
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Ceiling - Vaulted, Solid Surface, Furnished, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 326.56
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 1525.00
  • Total Heated Primary Separate Sq Ft: 1525.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Slab
  • On Site Pool Spa: In Ground, See Remarks
  • Porch Balcony Deck: Balcony, Open, Covered, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Composition, Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Lighted, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Community Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Pest Control, Roof, Maint - Comm Areas, Master Insure, Management, Maintenance Structure, Maint - Grounds, Community Pool
  • HOAAssociationFee1Year: 9587.00

Lot Info

  • Deed Page: 166.00
  • Lot Water Features: Ocean Side, Waterfront Comm
  • Plat Book: 10B
  • Plat Page: 72-80
  • Special Assessments: none known
  • Zoning: Multi-family
  • Lot View Type: Ocean View, Water View, Sound View

Tax Info

  • Tax Identifier: 6344.07.69.7568003
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2020
Closed on
Dec 1, 2020
Sold by
Mcdonald Paul Edward
Bought by
Andrews Jason and Andrews Cathryn
Seller's Agent
Cassie Digby
Keller Williams Realty
Buyer's Agent
Mary Cheatham King
Keller Williams Crystal Coast
List Price
$498,000
Sold Price
$505,000
Premium/Discount to List
$7,000
1.41%
Total Days on Market
8
Current Estimated Value
$727,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,481
Avg. Annual Appreciation
8.55%
Original Mortgage
$400,000
Outstanding Balance
$360,782
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$366,699

Purchase Details

Listed on
Jul 23, 2018
Closed on
Feb 19, 2019
Sold by
Somlo Joan O Cho and Cho John M
Bought by
Mcdonald Paul Edward
Seller's Agent
Pam Bird
Al Williams Properties
Buyer's Agent
MICHAEL OVERTON
The Overton Group
List Price
$379,500
Sold Price
$345,000
Premium/Discount to List
-$34,500
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.72%
Original Mortgage
$276,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 7, 2015
Sold by
Cho Young T and Cho Theresa
Bought by
Chosomlo Joan and Cho John M

Range of Values:

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Average Value
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List Price
Sold Price
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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
Andrews Jason $505,000 None Available
Mcdonald Paul Edward $345,000 None Available
Chosomlo Joan -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrews Jason $400,000
Previous Owner Mcdonald Paul Edward $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $505,000 +1.4% $331 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $498,000 +44.3% $327 / Sq Ft
02/19/2019 02/19/19 Sold $345,000 -9.1% $324 / Sq Ft
01/02/2019 01/02/19 Pending -- -- --
07/23/2018 07/23/18 For Sale $379,500 -- $357 / 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 $352,450 $0 $352,450
2023 $1,213 $352,450 $0 $352,450
2022 $1,178 $352,450 $0 $352,450
2021 $1,178 $352,450 $0 $352,450
2020 $1,178 $352,450 $0 $352,450
2019 $1,255 $400,000 $0 $400,000
2017 $1,255 $400,000 $0 $400,000
2016 $1,255 $400,000 $0 $400,000
2015 $1,233 $400,000 $0 $400,000
2014 -- $450,000 $0 $450,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100240684

Hive MLS

APN: 6344.07.69.7568003