S
Seller's Agent in 2023
Sarah Lewis
eXp Realty
(252) 342-9968
17 Total Sales
545 Salter Path Rd Unit L5 Atlantic Beach, NC 28512
Estimated Value: $818,000 - $949,000
4
Beds
4
Baths
2,060
Sq Ft
$1,060/mo
HOA Fee
Highlights
- Community Beach Access
- Water Views
- Water Access
- Morehead City Primary School Rated A-
- Boat Dock
- Fitness Center
About This Home
As of April 2023One drive through the oceanfront community of Beacon's Reach and you'll agree; this place is a seaside sanctuary like no other. No wonder this is the place to be! Nestled in the maritime forest, Ocean Grove is protected by the gorgeous natural vegetation of established trees with knotted and crooked branches that offer a picturesque canopy of shade -- just what you need for a short walk to the beach, pool or around the scenic community trails. Enjoy all the community amenities within walking distance: tennis & basketball courts, multiple pools, marina with boat ramp, walking trails with benches and a gazebo, fitness center, sound & ocean accesses, and a boardwalk that leads directly from the unit to the beach.A covered carport provides easy access to this stunning 4 bedroom, 4 bath, move-in ready condo. Incredible ocean views, designer light fixtures, granite countertops with custom tile backsplash in the kitchen, skeleton style staircase with custom wrought iron balusters & wood stained stair treads, Italian porcelain tile and quartz countertops in the bathrooms are just a few of the upgrades that set this unit a step above... The details in this condo are extraordinary from top to bottom.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,540
Year Built
- Built in 1983
Lot Details
- 828
HOA Fees
- $1,060 Monthly HOA Fees
Home Design
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Stick Built Home
Interior Spaces
- 2,060 Sq Ft Home
- 3-Story Property
- Furnished
- Vaulted Ceiling
- Ceiling Fan
- Blinds
- Combination Dining and Living Room
- Water Views
- Pest Guard System
Kitchen
- Stove
- Built-In Microwave
- Ice Maker
- Dishwasher
- Solid Surface Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 1 Attached Carport Space
- Driveway
- Paved Parking
Outdoor Features
- Water Access
- Ocean Side of Freeway
- Balcony
- Deck
- Covered patio or porch
Schools
- Morehead City Elementary School
- Morehead City Middle School
- West Carteret High School
Utilities
- Forced Air Heating and Cooling System
- Water Softener
- Community Sewer or Septic
Additional Features
- Accessible Ramps
- Air Purifier
- Flood Insurance May Be Required
Listing and Financial Details
- Assessor Parcel Number 634407695547005
Community Details
Overview
- Roof Maintained by HOA
- Master Insurance
- Beacon's Reach Subdivision
- Maintained Community
Recreation
- Boat Dock
- RV or Boat Storage in Community
- Community Beach Access
- Marina
- Tennis Courts
- Community Basketball Court
- Community Playground
- Fitness Center
- Community Pool
- Trails
Additional Features
- Picnic Area
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2023
Closed on
Apr 17, 2023
Sold by
Mills Adam H and Mills Jennifer L
Bought by
Hutchinson David Knox and Hutchinson Mary Allen
Seller's Agent
Sarah Lewis
eXp Realty
Buyer's Agent
Carolyn Cannon
Cannon & Gruber, Realtors
List Price
$930,000
Sold Price
$939,000
Premium/Discount to List
$9,000
0.97%
Total Days on Market
4
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,137
Avg. Annual Appreciation
-2.82%
Original Mortgage
$751,200
Outstanding Balance
$733,029
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$152,834
Purchase Details
Listed on
Feb 4, 2020
Closed on
May 27, 2020
Sold by
Teasley Larry and Teasley Deborah
Bought by
Mills Adam H and Mills Jennifer L
Seller's Agent
Mary Cheatham King
Keller Williams Crystal Coast
Buyer's Agent
Basnight Garner Real Estate
Keller Williams Crystal Coast
List Price
$499,900
Sold Price
$442,500
Premium/Discount to List
-$57,400
-11.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.62%
Purchase Details
Closed on
Jun 24, 2009
Sold by
Us Bank National Association
Bought by
Teasley Larry and Teasley Deborah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.79%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 11, 2008
Sold by
Lauer Michael C and Lauer Kim R
Bought by
Suntrust Mortgage
Purchase Details
Closed on
Aug 11, 2005
Sold by
Baker Julian T
Bought by
Lauer Michael C and Lauer Kim R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,200
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 3, 2005
Sold by
Baker Julian T
Bought by
Baker Julian T and Julian T Baker Jr Charitable Remainder U
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,200
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hutchinson David Knox | $939,000 | None Listed On Document | |
| Mills Adam H | $442,500 | None Available | |
| Teasley Larry | $380,000 | None Available | |
| Us Bank National Association | -- | None Available | |
| Suntrust Mortgage | $533,316 | None Available | |
| Lauer Michael C | $675,000 | None Available | |
| Baker Julian T | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hutchinson David Knox | $751,200 | |
| Previous Owner | Teasley Larry N | $272,000 | |
| Previous Owner | Teasley Larry | $285,000 | |
| Previous Owner | Lauer Michael C | $50,000 | |
| Previous Owner | Lauer Michael C | $511,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2023 04/21/23 | Sold | $939,000 | +1.0% | $456 / Sq Ft |
| 03/05/2023 03/05/23 | Pending | -- | -- | -- |
| 03/01/2023 03/01/23 | For Sale | $930,000 | +110.2% | $451 / Sq Ft |
| 05/28/2020 05/28/20 | Sold | $442,500 | -11.5% | $220 / Sq Ft |
| 05/15/2020 05/15/20 | Pending | -- | -- | -- |
| 02/04/2020 02/04/20 | For Sale | $499,900 | -- | $249 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $15 | $403,920 | $0 | $403,920 |
| 2023 | $1,348 | $403,920 | $0 | $403,920 |
| 2022 | $1,348 | $403,920 | $0 | $403,920 |
| 2021 | $674 | $403,920 | $0 | $403,920 |
| 2020 | $1,348 | $403,920 | $0 | $403,920 |
| 2019 | $1,312 | $418,500 | $0 | $418,500 |
| 2017 | $1,312 | $418,500 | $0 | $418,500 |
| 2016 | $1,312 | $418,500 | $0 | $418,500 |
| 2015 | $1,271 | $418,500 | $0 | $418,500 |
| 2014 | -- | $450,000 | $0 | $450,000 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Lewis
-
Carolyn Cannon
C
Buyer's Agent in 2023
Carolyn Cannon
Cannon & Gruber, Realtors
(252) 241-5554
46 Total Sales
-
Mary Cheatham King
Seller's Agent in 2020
Mary Cheatham King
Keller Williams Crystal Coast
(252) 808-5596
1,334 Total Sales
-
B
Buyer's Agent in 2020
Basnight Garner Real Estate
Keller Williams Crystal Coast
Map
Similar Homes in Atlantic Beach, NC
Source: Hive MLS
MLS Number: 100371944
APN: 6344.07.69.5547005
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC
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