$265,000
SOLD JAN 31, 2025

404 Bay Point Edenton, NC 27932

0.71 Acre
$373,239 Price per Acre
30,928 Sq Ft Lot

Recently Sold

8% Below List Price

115 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Gated Community
  • Level Lot
  • 100 Feet of Waterfront
  • Picnic Area
  • Maintained Community

About This Lot

As of January 2025

PRIME WATERFRONT HOMESITE ...wide Albemarle Sound vistas... stunning sunsets over Edenton Bay...100' of interlocking vinyl bulkheaded waterfront...mature trees...no flood insurance required... piers permitted ...gated community privacy...walk, bike or golf cart to downtown shops and restaurants...this lot has it all! The Edenton Bay Plantation neighborhood is surrounded by farmland, trees and the Albemarle Sound. Stepped in history, this community is part of Historic Hayes Plantation, one of the most intact still farmed plantations in the South that was once home to North Carolina's first governor, Samuel Johnson. This pastoral rural setting gives the ambiance of country living in close proximity to downtown Edenton. The Links at Mulberry Hill offering golf, tennis and a sound side pool is also just down the road. This is a dream homesite...treat yourself!

Last Agent to Sell the Property

Ann Perry

Perry & Co Sotheby's International Realty License #180053 Listed on: 09/20/2024

Last Buyer's Agent

Ann Perry

Perry & Co Sotheby's International Realty License #180053 Listed on: 09/20/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,185

Lot Details

  • 0.71 Acre Lot
  • Lot Dimensions are 100 x 310 x 100 x 325
  • 100 Feet of Waterfront
  • Home fronts a sound
  • Property fronts a private road
  • Level Lot
  • Cleared Lot
  • Property is zoned R15

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Water Views
  • Views of a Sound

Schools

  • White Oak/D F Walker Elementary School
  • Chowan Middle School
  • John A. Holmes High School

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 781301078914

Community Details

Overview

  • Edenton Bay Plantation Association
  • Edenton Bay Plantation Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Deeded Waterfront Access Rights
  • Bulkhead

Additional Features

  • Picnic Area
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,185

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Sound Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 100
  • Water Frontage: 100.00

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Town of Edenton
  • Service Providers Water Provider: Chowan County
  • Utilities: Electricity Available, Municipal Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Gated, Picnic Area, Maint - Roads, Maint - Comm Areas
  • HOAAssociationFee1Year: 500.00
  • HOAAssociationName: Edenton Bay Plantation

Lot Info

  • Deed Page: 593.00
  • Lot Description: Level, Subdivision
  • Lot Dimensions: 100 x 310 x 100 x 325
  • Lot Number: 15
  • Lot Sq Ft: 30928.00
  • Lot Water Features: Bulkhead, Deeded Waterfront
  • Plat Book: OPC1
  • Plat Page: 178 (A-D)
  • Zoning: R15
  • Acres: 0.71
  • Current Use: Residential, Single Family
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 407042.25
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Level
  • Lot Number2: 15
  • Lot View Type: Sound View, Water View

Tax Info

  • Tax Identifier: 781301078914
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 1185.39

MLS Schools

  • Elementary School: White Oak/D F Walker
  • High School: John A. Holmes High
  • Middle School: Chowan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Jan 21, 2025
Sold by
Douglas Shannon K and Douglas Alicia S
Bought by
Britt Adam R
Seller's Agent
Ann Perry
Perry & Co Sotheby's International Realty
Buyer's Agent
Ann Perry
Perry & Co Sotheby's International Realty
List Price
$289,000
Sold Price
$265,000
Premium/Discount to List
-$24,000
-8.3%
Total Days on Market
115
Views
36
Current Estimated Value
$261,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,865
Avg. Annual Appreciation
-4.35%

Purchase Details

Listed on
Sep 5, 2018
Closed on
Jul 21, 2020
Sold by
Dratch Richard D and Dratch Deborah D
Bought by
Shannon Douglas K and Shannon Alicia Douglas
Seller's Agent
Ann Perry
Perry & Co Sotheby's International Realty
Buyer's Agent
Ann Perry
Perry & Co Sotheby's International Realty
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.78%
Original Mortgage
$123,600
Interest Rate
3.2%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 24, 2004
Bought by
Dratch Scott Richard
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 Type Sale Price Title Company
Warranty Deed $265,000 --
Grant Deed $800,000 --
Deed $257,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $123,600 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $265,000 -8.3% --
01/13/2025 01/13/25 Pending -- -- --
09/20/2024 09/20/24 For Sale $289,000 +80.6% --
07/24/2020 07/24/20 Sold $160,000 0.0% --
02/14/2019 02/14/19 Off Market $160,000 -- --
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 $1,234 $161,278 $158,153 $3,125
2023 $1,185 $161,278 $158,153 $3,125
2022 $1,185 $161,278 $158,153 $3,125
2021 $2,150 $260,550 $255,060 $5,490
2020 $2,110 $260,550 $255,060 $5,490
2019 $2,110 $260,550 $255,060 $5,490
2018 $2,084 $260,550 $255,060 $5,490
2016 $2,239 $281,610 $276,120 $5,490
2015 $2,197 $281,610 $276,120 $5,490
2014 $2,112 $281,610 $276,120 $5,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100467245

Hive MLS

APN: 7813-01-07-8914