NOT LISTED FOR SALE

205 Bayside Dr Cape Carteret, NC 28584

Estimated Value: $577,000 - $1,277,000

0.43 Acre
$2,258,767 Price per Acre
18,731 Sq Ft Lot

Last Sold March 31, 2017

Last sale price $220,000

Est. 341% increase in value since last sale

Current estimated payment $5,501/month

447 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 66 Feet of Waterfront
  • Boat Lift
  • White Oak Elementary School Rated A-
  • Community Boat Slip
  • Clubhouse

About This Lot

As of March 2017

Lovely, deep water canal, waterfront lot in Cape Point. Cleared and elevated. Already has seawall, 2 boat lifts 7k# and 10k# and dock. Water and electric meters installed and both utilities run to dock. All you need to do is build your dream home! Cape Point is a water front community with community pool and clubhouse, conveniently located near Carteret County schools, shopping and the pristine beaches of Emerald Isle. Convenient commute to military bases.

Last Agent to Sell the Property

Margaret Nelson

Advantage Coastal Properties License #239790 Listed on: 10/20/2015

Last Buyer's Agent

Alison Jaeger

Bluewater Real Estate - EI License #238786

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $868

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 67 x 212
  • 66 Feet of Waterfront
  • Home fronts a sound
  • Level Lot
  • Cleared Lot
  • Property is zoned R30

HOA Fees

  • $70 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Broad Creek Middle School
  • Croatan High School

Listing and Financial Details

  • Assessor Parcel Number 538406381179000

Community Details

Overview

  • Cape Point HOA, Phone Number (910) 330-2750
  • Cape Point Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Community Boat Slip
  • Community Pool
  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Boat Lift

Property Details

Property Type

Land

Est. Annual Taxes

$868

Lot Details

0

HOA Fees

$70 per month

Listing Details

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

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 133
  • Water Frontage: 66.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Utilities: Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Slip - Not Assign, Clubhouse, Maint - Comm Areas, Maint - Grounds, Maint - Roads, Mgmt Fee, Pest Control, Pool, Street Lights, Tax Comm Areas
  • Annual HOA: 835.00
  • HOA Company: Cape Point HOA
  • HOA Phone: 910-330-2750

Lot Info

  • Deed Book: 1334
  • Deed Page: 142.00
  • Lot Description: Water Depth 4+
  • Lot Dimensions: 67 X 212
  • Lot Sq Ft: 18730.80
  • Lot Water Features: Boat Lift, Deeded Water Access, Sound Side, Water Access Comm, Water Depth 4+, Waterfront Comm
  • Plat Book: 29.00
  • Plat Page: 783
  • Zoning: R30
  • Acres: 0.43
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • Flood Zone: Yes
  • List Price per Acre: 532558.14
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared, Level

Tax Info

  • Tax Identifier: 538406381179000
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 489.97
  • Total Real Estate Property Taxes: 868.37

MLS Schools

  • High School: Croatan
  • Middle School: Broad Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2015
Closed on
Mar 28, 2017
Sold by
King Graham and King Nanette M
Bought by
Nelson Michael William and Nelson Kimberly Hoag
Seller's Agent
Margaret Nelson
Advantage Coastal Properties
Buyer's Agent
Alison Jaeger
Bluewater Real Estate - EI
List Price
$245,900
Sold Price
$220,000
Premium/Discount to List
-$25,900
-10.53%
Current Estimated Value
$971,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$751,270
Avg. Annual Appreciation
19.30%
Original Mortgage
$516,000
Interest Rate
2%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 26, 2010
Sold by
Lee Gary M and Morgan Lee Margaret E
Bought by
King Graham

Purchase Details

Closed on
Jun 21, 2004

Purchase Details

Closed on
Aug 15, 2000
Source: Public Records

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
Nelson Michael William $220,000 None Available
King Graham $169,375 None Available
-- $169,000 --
-- $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Michael William $508,000
Closed Nelson Michael William $516,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $220,000 -10.5% --
01/09/2017 01/09/17 Pending -- -- --
10/20/2015 10/20/15 For Sale $245,900 -- --
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 $3,624 $518,553 $138,624 $379,929
2023 $3,541 $518,553 $138,624 $379,929
2022 $3,399 $518,553 $138,624 $379,929
2021 $3,399 $518,553 $138,624 $379,929
2020 $3,076 $469,043 $138,624 $330,419
2019 $2,927 $460,381 $130,923 $329,458
2017 $958 $460,381 $130,923 $329,458
2016 $958 $163,323 $130,923 $32,400
2015 $868 $163,323 $130,923 $32,400
2014 $988 $263,062 $236,495 $26,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 11505021

Hive MLS

APN: 5384.06.38.1179000