NOT LISTED FOR SALE

332 S Bald Head Wynd Bald Head Island, NC 28461

Estimated Value: $1,190,000 - $1,590,000

5 Beds
4 Baths
1,972 Sq Ft
$736/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $1,000,000 $507 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $8,730/month

246 Days on Market

Highlights

  • Marina
  • Ocean Front
  • Deck
  • Southport Elementary School Rated 9+
  • Ocean Side of Freeway
  • Wood Flooring

About This Home

As of June 2020

Located at the heart of Bald Head Island's South Beach is the classic BHI Cottage ''The Blue Pearl''. Featured in Coastal Living Magazine this professionally decorated cottage is the perfect ocean front retreat for beach lovers. With 5 bedrooms, 4 baths, gourmet kitchen, living and dining all on one level this home encourages family time. A long ocean side porch and deck extend the length of the rear of the home and offer expansive views of the Atlantic Ocean. Other features are the outdoor shower and direct beach access. Home is sold fully furnished and two golf carts will convey. A Lifestyle and Shoals Memberships are available for separate purchase. This home is also an incredible vacation rental property which grosses approx $100,000 in rental income per year. Owner is a NC RE Broker.

Last Agent to Sell the Property

Kurt Bonney

Tiffany's Beach Properties License #216715 Listed on: 09/24/2019

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,237

Year Built

  • Built in 1977

Lot Details

  • 0.28 Acre Lot
  • Ocean Front
  • Open Lot
  • Property is zoned SF-R

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Garage Spaces | 1 Attached and 1 Detached

Home Design

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

Interior Spaces

  • 1,972 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Stove
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1322
  • Assessor Parcel Number 2641a025

Community Details

Overview

  • Bhi Subdivision
  • Maintained Community

Amenities

  • Community Garden
  • Restaurant

Recreation

  • Marina
  • Trails

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,237

Year Built

Built in 1977

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1977
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile, Wood
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Walk-in Shower, Solid Surface, Furnished, Ceiling Fan(s)
  • Laundry Location: Garage
  • List Price per Sq Ft: 557.81
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Number Rooms: 8
  • Sq Ft Heated: 1972.00
  • Total Heated Primary Separate Sq Ft: 1972.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Exterior Structures: Shower
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Open, Deck
  • Road Type Frontage: Paved
  • Roof: Composition
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Detached Garage Spaces: 1.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Cooktop - Electric, Refrigerator, Washer, Vent Hood, Stove/Oven - Electric, Microwave - Built-In, Dryer, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Comm Garden, Restaurant, Trail(s), Taxes, Marina, Management, Maint - Comm Areas
  • HOAAssociationFee1Year: 390.00

Lot Info

  • Deed Page: 1315.00
  • Lot Acres: 0.28
  • Lot Description: Open
  • Lot Dimensions: Front 126 X Left 120 X Rear 74 X Right 120
  • Lot Number: 1322
  • Lot Sq Ft: 12197.00
  • Lot Water Features: Ocean Side
  • Plat Book: 1-9
  • Plat Page: 12
  • Zoning: SF-R
  • Lot View Type: Ocean View

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Rental Info

  • Rental Income Gross Rental Income: 100000.00

Tax Info

  • Tax Identifier: 2641a025
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Jun 10, 2020
Sold by
Blue Pearl Partners Llc
Bought by
Gravatt Justine S and Gravatt Catherine C
Seller's Agent
Kurt Bonney
Tiffany's Beach Properties
Buyer's Agent
A Non Member
A Non Member
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Current Estimated Value
$1,452,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,346
Avg. Annual Appreciation
7.22%

Purchase Details

Closed on
Apr 26, 2018
Sold by
Jamison Scott M and Williams Tiffany A
Bought by
Blue Pearl Partners Llc

Purchase Details

Closed on
Dec 12, 2011
Sold by
Branch Banking & Trust Company
Bought by
Mcwhorter Fred and Mcwhorter Tiffany A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2009
Sold by
Morony Mary E and Morony Ralph W
Bought by
Branch Banking & Trust Company
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
Gravatt Justine S $10,000 None Available
Blue Pearl Partners Llc -- None Available
Mcwhorter Fred $305,000 None Available
Branch Banking & Trust Company $658,750 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcwhorter Fred $228,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2020 06/15/20 Sold $1,000,000 -9.1% $507 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
09/24/2019 09/24/19 For Sale $1,100,000 -- $558 / Sq Ft
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
2025 $12,237 $1,107,840 $525,000 $582,840
2024 $12,237 $1,107,840 $525,000 $582,840
2023 $9,735 $1,107,840 $525,000 $582,840
2022 $9,735 $728,090 $350,000 $378,090
2021 $9,735 $728,090 $350,000 $378,090
2020 $9,724 $728,090 $350,000 $378,090
2019 $9,480 $353,610 $350,000 $3,610
2018 $8,035 $353,960 $350,000 $3,960
2017 $7,850 $353,960 $350,000 $3,960
2016 $7,850 $353,960 $350,000 $3,960
2015 $7,690 $604,550 $350,000 $254,550
2014 $5,030 $436,134 $200,000 $236,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100185650

Hive MLS

APN: 2641A025