$185,000
SOLD JUL 10, 2025

2029 Palmetto Cove Bald Head Island, NC 28461

0.47 Acre
$393,617 Price per Acre
20,473 Sq Ft Lot

Recently Sold

18% Below List Price

129 Days on Market

Highlights

  • Wooded Lot
  • Resident Manager or Management On Site
  • Maintained Community
  • Corner Lot

About This Lot

As of July 2025

Large Homesite in prestigious Palmetto Cove. This property backs up to the Maritime Forest Preserve owned by the State of North Carolina. Noone can build for acres behind this homesite. Palmetto Cove has a private community dock. Build your island home on one of Bald Head's most private homesites. Property is owned by listing broker.

Last Agent to Sell the Property

David Berne

Atlantic Realty Professionals, Inc License #169481 Listed on: 01/13/2025

Last Buyer's Agent

Kurt Bonney

Tiffany's Beach Properties License #216715

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $757

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 143 x 226 x 97 x 165
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned PD2

HOA Fees

  • $39 Monthly HOA Fees

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Listing and Financial Details

  • Assessor Parcel Number 2642n003

Community Details

Overview

  • Bhi Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Security

  • Resident Manager or Management On Site

Property Details

Property Type

Land

Est. Annual Taxes

$757

Lot Details

0

HOA Fees

$39 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 143

Utilities

  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Taxes, Management
  • HOAAssociationFee1Year: 473.00

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 212.00
  • Lot Description: Corner Lot
  • Lot Dimensions: 143 x 226 x 97 x 165
  • Lot Sq Ft: 20473.00
  • Plat Book: Z
  • Plat Page: 304
  • Zoning: PD2
  • Acres: 0.47
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 478723.40
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Level, Wooded

Tax Info

  • Tax Identifier: 2642n003
  • Tax Year: 2025

MLS Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • Middle School: South Brunswick
  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2025
Closed on
Jun 19, 2025
Sold by
Pebble Beach Holdings Llc
Bought by
Big Bird Land Development Llc and Wb Coastal Development Llc
Seller's Agent
David Berne
Atlantic Realty Professionals, Inc
Buyer's Agent
Kurt Bonney
Tiffany's Beach Properties
List Price
$225,000
Sold Price
$185,000
Premium/Discount to List
-$40,000
-17.78%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1342.26%
Original Mortgage
$150,750
Outstanding Balance
$150,624
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$72,376

Purchase Details

Closed on
Oct 29, 2021
Sold by
Ohm Stacey and Ohm Wanda
Bought by
Pebble Beach Holdings Llc

Purchase Details

Closed on
Aug 6, 2010
Sold by
Suntrust Bank
Bought by
Ohm Stacey and Ohm Wanda

Purchase Details

Closed on
Oct 5, 2009
Sold by
Zarnoch Hyson Llc and Minter Julie M
Bought by
Suntrust Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $185,000 None Listed On Document
Warranty Deed $185,000 None Listed On Document
Warranty Deed $75,000 None Available
Special Warranty Deed $127,500 None Available
Trustee Deed $200,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,750 Credit Line Revolving
Closed $150,750 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Sold $185,000 -17.8% --
05/22/2025 05/22/25 Pending -- -- --
02/05/2025 02/05/25 Off Market $225,000 -- --
01/14/2025 01/14/25 For Sale $225,000 0.0% --
01/13/2025 01/13/25 For Sale $225,000 -- --
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 $757 $75,000 $75,000 $0
2023 $374 $75,000 $75,000 $0
2022 $374 $30,000 $30,000 $0
2021 $0 $30,000 $30,000 $0
2020 $0 $30,000 $30,000 $0
2019 $363 $30,000 $30,000 $0
2018 $787 $65,000 $65,000 $0
2017 $774 $65,000 $65,000 $0
2016 $774 $65,000 $65,000 $0
2015 $774 $65,000 $65,000 $0
2014 $1,931 $180,000 $180,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100483308

Hive MLS

APN: 2642N003