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$729,000

Beds
4
Baths
2.5
sq ft
1,321

1505 Salter Path Road Unit 325, Atlantic Beach, NC 28512

1505 Salter Path Road Unit 325

Indian Beach, NC 28512

  • 73 days on market
    • Price drop $40,000↓
Welcome to your ocean front retreat! Located at Summer Winds in the center of Bogue Banks this condo is near Emerald Isle and Atlantic Beach. The large windows and balcony offer breathtaking views of the ocean, and from your living room you have amazing views of both the ocean and Bogue Sound. This unit has many updates including all bathrooms, kitchen, fresh paint and flooring throughout (LVP / carpeting). There is no other resort community on the island that compares to Summer Winds! The amenities are amazing, including three outdoor pools, one heated indoor pool, hot tub, a game room, snack bar, arcade, tennis, racquetball, and open boat parking! This gated community also offers 24-hour security and is guaranteed to surpass your expectations: This unit is an active vacation rental with solid bookings. YTD gross rental income is $42k. It is being sold furnished with some exclusions.

Details

Property type

Condominium

Est. home value

$769,617

Lot size

Unknown

Price per sq ft

$552

Year built

1985

Annual property taxes

$2,536.44

HOA fee

$9,384

Price History

11/04/2024
NorthCarolinaRegional

NorthCarolinaRegional #100466098

Price change
$729,000
-5.2%
09/13/2024
NorthCarolinaRegional

NorthCarolinaRegional #100466098

Listed
$769,000
+44.82%
05/06/2021
NorthCarolinaRegional

NorthCarolinaRegional #100255515

Sold
$531,000

Schools & Community

Elementary school: 

Morehead City Elem

Middle school: 

Morehead City

High school: 

West Carteret

Community features: 

Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$310,470
Asking price
$729,000
Closing costs (~8% of asking)
-$58,320
Est. remaining loan balance
-$360,210
Cash to seller
$310,470

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

April 2021

Original loan amount

$390,750

Est. remaining balance

$360,210

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Bettie K Swisher

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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House

301 Bogue Watch Drive, Newport, NC 28570

Status: Active

Tomo last checked: 11/24/2024 at 8:30 PM

Listing updated: 11/04/2024 at 11:22 AM

Listed by: Michele Moffitt, Keller Williams Crystal Coast Phone #: (919) 749-6115

MLS: NorthCarolinaRegional #100466098

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