NOT LISTED FOR SALE

Estimated Value: $3,107,349 - $4,572,000

4 Beds
4.5 Baths
3,475 Sq Ft
$1,063/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $2,250,000 $647 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $22,797/month

256 Days on Market

Highlights

  • Water Views
  • Clubhouse
  • Vaulted Ceiling
  • Ocean Side of Freeway
  • Deck
  • Wood Flooring

About This Home

As of August 2020

This gorgeous custom built home located on South Beach on Bald Head Island, North Carolina offers unparalleled craftsmanship by Chris Lokey and architectural design by Cothran Harris. All of the interior woodwork throughout consists of Cypress and Poplar. As you enter through a hand-made mahogany door, you will be in awe of the open-concept kitchen and living room area. The chef's kitchen has a Cypress island with a solid White Oak countertop to blend with the new European White Oak flooring. Off the kitchen is a screened porch with a dining area and a wood burning fireplace. There are large porches on the front and beach sides of the home with a private boardwalk to the beach. Each of the bedrooms has their own bath. The upper floor has a seating area with a balcony that provides incredible views of the Atlantic Ocean. The abundance of windows provide plenty of natural light. The home has been recently renovated with a new cedar shake roof installed by Schmidt and Sons, fresh paint inside and out, closed cell foam insulation, and many more features. It truly gives you the feeling of walking into a new coastal home on the beach. Sold furnished with two new golf carts with transferrable memberships to BHI Club and Shoals Club available to be purchased separately.

Last Agent to Sell the Property

David Wray

Intracoastal Realty License #55202 Listed on: 11/13/2019

Intracoastal Realty

Last Buyer's Agent

David Wray

Intracoastal Realty License #55202 Listed on: 11/13/2019

Intracoastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,271

Year Built

  • Built in 2005

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 37.93x74.45x193.59x24.88x61.42x18.7x145.91

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 3,475 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • 2 Fireplaces
  • Thermal Windows
  • Combination Dining and Living Room
  • Water Views
  • Fire and Smoke Detector

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Enclosed patio or porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 2643o005

Community Details

Overview

  • Bhi Stage Ii Braemar Subdivision
  • Maintained Community

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,271

Year Built

Built in 2005

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
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 2
  • Flooring: Tile, Wood
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors, Wet Bar, Walk-In Closet, Walk-in Shower, Pantry, Furnished, Ceiling - Vaulted
  • List Price per Sq Ft: 647.48
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 4
  • Number Rooms: 11
  • Sq Ft Heated: 3475.00
  • Total Heated Primary Separate Sq Ft: 3475.00

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Porch, Screened, Open, Deck, Enclosed
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shake
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer Available, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Maint - Comm Areas, Management
  • HOAAssociationFee1Year: 390.00

Lot Info

  • Deed Page: 1.00
  • Lot Acres: 0.43
  • Lot Dimensions: 37.93x74.45x193.59x24.88x61.42x18.7x145.91
  • Lot Sq Ft: 18731.00
  • Lot Water Features: Ocean Side
  • Plat Book: Z
  • Plat Page: 386
  • Special Assessments: Yes
  • Zoning: Residential
  • Lot View Type: Water View

Tax Info

  • Tax Identifier: 2643o005
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2019
Closed on
Aug 26, 2020
Sold by
Duncan Buell G and Duncan Theresa B
Bought by
Mcgrew Matthew Ryan and Mcgrew Lesley Huff
Seller's Agent
David Wray
Intracoastal Realty
Buyer's Agent
David Wray
Intracoastal Realty
List Price
$2,400,000
Sold Price
$2,250,000
Premium/Discount to List
-$150,000
-6.25%
Total Days on Market
256
Current Estimated Value
$3,694,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,444,116
Avg. Annual Appreciation
11.64%

Purchase Details

Closed on
Aug 4, 2005
Sold by
Duncan Buell G and Duncan Theresa B
Bought by
Duncan Theresa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Mcgrew Matthew Ryan $225,000 None Available
Duncan Theresa B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duncan Theresa B $850,000
Previous Owner Duncan Theresa B $650,000
Previous Owner Duncan Theresa B $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $2,250,000 -6.3% $647 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
11/13/2019 11/13/19 For Sale $2,400,000 -- $691 / 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
2024 $25,271 $2,347,510 $557,500 $1,790,010
2023 $24,102 $2,347,510 $557,500 $1,790,010
2022 $0 $1,838,020 $750,000 $1,088,020
2021 $0 $1,838,020 $750,000 $1,088,020
2020 $24,629 $1,838,020 $750,000 $1,088,020
2019 $23,933 $769,020 $750,000 $19,020
2018 $26,301 $766,780 $750,000 $16,780
2017 $25,695 $766,780 $750,000 $16,780
2016 $25,695 $766,780 $750,000 $16,780
2015 $25,695 $2,019,910 $750,000 $1,269,910
2014 $18,377 $1,593,439 $460,000 $1,133,439
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100192870

Hive MLS

APN: 2643O005