NOT LISTED FOR SALE

855 Salter Path Rd Unit 306 Atlantic Beach, NC 28512

Estimated Value: $420,000 - $490,000

2 Beds
2 Baths
1,088 Sq Ft
392 Sq Ft Lot

Sale Details

Date Sold: January 19, 2018

Last sale price $182,500 $168 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $2,797 / mo

109 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Vaulted Ceiling
  • Morehead City Primary School Rated A-
  • Ocean Side of Freeway
  • Main Floor Primary Bedroom

About This Home

As of January 2018

Third floor 2 bedroom, 2 bath condo in the community of Colony by the Sea. This unit has open living spaces with a vaulted ceiling in the living room letting in plenty of light that adds to the spacious feel. Off the deck you can see views of the ocean and sound. The kitchen has bar seating and plenty of counter space and storage. The dining area is right between the kitchen and living areas. Off the hall are the two bedrooms and two bathrooms. This complex offers underground parking, elevator, beach access, community pool and hot tub, basketball, and community grilling area. This would make a wonderful retreat of great vacation rental.

Last Agent to Sell the Property

Basnight Garner Real Estate

Keller Williams Crystal Coast Listed on: 07/31/2017

Last Buyer's Agent

Patricia Yelton

Keller Williams Realty Augusta

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,031

Year Built

  • Built in 1981

Lot Details

  • 392

HOA Fees

  • $302 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,088 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Ocean Side of Freeway
  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Co-Op Water
  • Community Sewer or Septic
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 6334.08.88.5274306

Community Details

Overview

  • Colony By The Sea Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Community Basketball Court
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Security Lighting

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,031

Year Built

Built in 1981

Lot Details

392 Sq Ft Lot

HOA Fees

$302 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Dryer
  • Handicap Accessible: Elevator
  • List Priceper Sq Ft: 188.42
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 1031.43
  • Waterview: Yes
  • Year Built: 1981
  • Lot View Type: Ocean View, Water View
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling - Vaulted, Pantry, Furnished, Ceiling Fan(s)
  • Laundry Location: Closet
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Sq Ft Heated: 1088.00
  • Stories: 3.0
  • Stories Levels: 3rd Floor Unit
  • Total Heated Primary Separate Sq Ft: 1088.00

Exterior Features

  • Exterior Features: Outdoor Shower, Security Lighting
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: Hot Tub, In Ground
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Maintained, Paved
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Garage And Parking Other See Remarks: underneath building
  • Parking Driveway: On Site, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heated Sq Ft: 1000 - 1199
  • Heating System: Heat Pump
  • Utilities: Community Sewer, Municipal Water

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Basketball Court, Picnic Area, Water, Trash, Street Lights, Flood Insurance, Management, Maintenance Structure, Maint - Grounds, Maint - Comm Areas, Community Pool, Cable
  • H O A Association Fee1 Year: 3620.00
  • H O A H O A1 Mgmt Company: Colony by the Sea

Schools

  • Elementary School#2: Morehead City Elem

Lot Info

  • Cobra Zone: No
  • Deed Page: 366.00
  • Lot Dimensions: 0x0x0xx
  • Lot Water Features: Ocean Side
  • Zoning: RR

Tax Info

  • Tax Identifier: 6334.08.88.5274306
  • Tax Year: 2016
  • Total City Real Estate Property Tax: 438.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2017
Closed on
Jan 3, 2018
Sold by
W Carroll Stephensen Jr Lp
Bought by
Davis Michale Lorenzen and Davis Katina Phillins
Seller's Agent
Basnight Garner Real Estate
Keller Williams Crystal Coast
Buyer's Agent
Patricia Yelton
Keller Williams Realty Augusta
List Price
$205,000
Sold Price
$182,500
Premium/Discount to List
-$22,500
-10.98%
Current Estimated Value
$445,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,209
Avg. Annual Appreciation
11.46%
Original Mortgage
$112,500
Outstanding Balance
$94,937
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$350,772
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
Davis Michale Lorenzen $182,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Michale Lorenzen $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2018 01/19/18 Sold $182,500 -11.0% $168 / Sq Ft
11/17/2017 11/17/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $205,000 -- $188 / Sq Ft
Source: Hive MLS

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 $1,134 $460,610 $0 $460,610
2024 $898 $235,320 $0 $235,320
2023 $815 $235,320 $0 $235,320
2022 $792 $235,320 $0 $235,320
2021 $792 $235,320 $0 $235,320
2020 $381 $111,000 $0 $111,000
2019 $160 $46,625 $0 $46,625
2017 $593 $186,500 $0 $186,500
2016 $593 $186,500 $0 $186,500
2015 $1,013 $186,500 $0 $186,500
2014 $1,764 $330,000 $0 $330,000
Source: Public Records

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Map

Source: Hive MLS

MLS Number: 100075066

Hive MLS

APN: 6334.08.88.5274306

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