NOT LISTED FOR SALE

5 Sabal Palm Ct Bald Head Island, NC 28461

Estimated Value: $866,000 - $1,043,000

2 Beds
2 Baths
1,884 Sq Ft
$505/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $850,000 $451 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,126/month

125 Days on Market

Highlights

  • Waterfront
  • Deck
  • 1 Fireplace
  • Water Views
  • Vaulted Ceiling
  • Furnished

About This Home

As of May 2023

One of Bald Head's Most Scenic ViewsSweeping vistas over an expansive lagoon can be seen from the kitchen, living area, large loft, Carolina room, and back deck of this remarkable home. For nature lovers, it is a paradise! Egrets, ibis, all herons, painted buntings and other birds, and deer come to fish and drink. 'Gators, turtles, and fish make their home in this lagoon... one of the deepest on the island. It is your own private overlook! It is a unique spot allowing for viewing all the nature Bald Head offers. This cottage is situated on its own ''peninsula'', surrounded by lagoon and common ground, providing privacy from other cottages. The buyer for this home will have their own little slice of island heaven. The home has 2 bedrooms, an expansive loft, two baths and a Carolina room. The loft could easily be converted into a third bedroom and bath. Recent upgrades include a new roof (Rob Schmidt,2015), two new HVAC units (2015), kitchen remodel (2014), master bathroom remodel (2015), and 21 new windows (panes only) (Brunswick Glass 2015/2016). Sabal Plan Cottages is a quaint community with thoughtful, caring, and fun neighbors. A community lagoon overlook with grill is the site of many social gatherings throughout the year. The home is tastefully furnished with two golf carts (one enclosed). An Equity Lifestyle Membership to the BHI Club is available for separate purchase.

Last Agent to Sell the Property

David Berne

Atlantic Realty Professionals, Inc License #169481 Listed on: 11/17/2022

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,681

Year Built

  • Built in 1995

Lot Details

  • 1,884 Sq Ft Lot

HOA Fees

  • $233 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,884 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • 1 Fireplace
  • Combination Dining and Living Room
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2641p02105

Community Details

Overview

  • Bhi Stage I Sabal Palm Cottages Subdivision
  • Maintained Community

Recreation

  • Waterfront

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,681

Year Built

Built in 1995

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Property Type: A
  • 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: 1995
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: 9Ft+ Ceilings, Ceiling - Vaulted, Furnished, Walk-In Closet
  • List Price per Sq Ft: 469.75
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 7
  • Sq Ft Heated: 1884.00
  • Total Heated Primary Separate Sq Ft: 1884.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Fiber Cement, Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Porch, Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Detached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Detached

Utilities

  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Management, Taxes
  • HOAAssociationFee1Year: 2795.00

Lot Info

  • Deed Book: 2911
  • Deed Page: 260.00
  • Lot Sq Ft: 1884.00
  • Lot Water Features: Waterfront Comm
  • Plat Book: 17
  • Plat Page: 153
  • Special Assessments: Wildlife Overlook $80
  • Zoning: Res

Tax Info

  • Tax Identifier: 2641p02105
  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
May 15, 2023
Sold by
Johnson William W and Johnson Colleen M
Bought by
Zigmund William Joseph and Zigmund Heather S
Seller's Agent
David Berne
Atlantic Realty Professionals, Inc
Buyer's Agent
A Non Member
A Non Member
List Price
$920,000
Sold Price
$850,000
Premium/Discount to List
-$70,000
-7.61%
Views
184
Current Estimated Value
$951,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,050
Avg. Annual Appreciation
3.71%
Original Mortgage
$550,000
Outstanding Balance
$534,083
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$386,131
Source: Public Records

Range of Values:

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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
Zigmund William Joseph $850,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zigmund William Joseph $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $850,000 -4.0% $451 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/17/2023 03/17/23 Price Changed $885,000 -3.8% $470 / Sq Ft
11/17/2022 11/17/22 For Sale $920,000 -- $488 / 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 $7,681 $760,770 $160,000 $600,770
2023 $5,510 $760,770 $160,000 $600,770
2022 $5,510 $442,110 $100,000 $342,110
2021 $5,355 $442,110 $100,000 $342,110
2020 $5,355 $442,110 $100,000 $342,110
2019 $5,355 $106,550 $100,000 $6,550
2018 $5,115 $89,840 $85,000 $4,840
2017 $5,031 $89,840 $85,000 $4,840
2016 $5,031 $89,840 $85,000 $4,840
2015 $5,031 $422,280 $85,000 $337,280
2014 $5,777 $538,613 $250,000 $288,613
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100358738

Hive MLS

APN: 2641P02105