NOT LISTED FOR SALE

5 Wild Bean Ct Bald Head Island, NC 28461

Estimated Value: $2,955,000 - $3,198,510

0.23 Acre
$13,236,970 Price per Acre
10,200 Sq Ft Lot

Last Sold July 02, 2021

Last sale price $649,000

Est. 369% increase in value since last sale

Current estimated payment $17,675/month

1,497 Days on Market

Highlights

  • Marina
  • Water Views
  • Clubhouse
  • Southport Elementary School Rated 9+
  • Boat Dock
  • Community Garden

About This Lot

As of July 2021

Resting high atop the dune ridge in Bald Head Island's south beach area is this wonderful home site. From this lot, you will enjoy stunning ocean views and relaxing ocean breezes. There are professionally designed plans (samples in ''documents'' section of listing)that have been done specifically for this property and those plans will convey to the new owner. An equity House Membership to the BHI Club is available for separate purchase.

Last Agent to Sell the Property

Kurt Bonney

Tiffany's Beach Properties License #216715 Listed on: 04/15/2017

Last Buyer's Agent

Rod Hyson

Cape Fear Realty / BHI Rentals License #188566

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,589

Lot Details

  • 10,200 Sq Ft Lot
  • Lot Dimensions are 85x120
  • Dunes
  • Steep Slope
  • Cleared Lot

HOA Fees

  • $13 Monthly HOA Fees

Property Views

  • Water Views

Schools

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

Listing and Financial Details

  • Tax Lot 2525
  • Assessor Parcel Number 2643d023

Community Details

Overview

  • Bh Association, Phone Number (910) 457-4676
  • Bhi Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Community Garden
  • Restaurant
  • Clubhouse

Recreation

  • Boat Dock
  • Marina

Property Details

Property Type

Land

Est. Annual Taxes

$5,589

Lot Details

0

HOA Fees

$13 per month

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: Yes

Utilities

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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Comm Garden, Dock, Maint - Comm Areas, Marina, Mgmt Fee, Restaurant, Tax Comm Areas
  • Annual HOA: 150.00
  • HOA Company: BH Association
  • HOA Phone: 910-457-4676

Lot Info

  • Deed Book: 3554
  • Deed Page: 30.00
  • Lot Description: Dunes
  • Lot Dimensions: 85X120
  • Lot Number: 2525
  • Lot Sq Ft: 10200.00
  • Special Assessments: Wildlife Overlook $27
  • Zoning: SFR
  • Acres: 0.23
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • Flood Zone: No
  • List Price per Acre: 2821739.13
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Steep
  • Lot Number2: 2525

Tax Info

  • Tax Identifier: 2643d023
  • Tax Year: 2016
  • Total Real Estate Property Taxes: 5589.00
  • Deferred Taxes: No

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
Apr 15, 2017
Closed on
Jun 17, 2021
Sold by
Kocis Keith C and Kocis Jennifer Lyn
Bought by
Hanlon Thomas F and Hanlon Kimberly R
Seller's Agent
Kurt Bonney
Tiffany's Beach Properties
Buyer's Agent
Rod Hyson
Cape Fear Realty / BHI Rentals
List Price
$795,000
Sold Price
$649,000
Premium/Discount to List
-$146,000
-18.36%
Current Estimated Value
$3,044,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,395,503
Avg. Annual Appreciation
43.02%

Purchase Details

Closed on
Dec 12, 2008
Sold by
Tait James B and Powell Carol T
Bought by
James B Tait Jr Generation Skipping Trus and Carol T Powell Generation Skipping Trust
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
Hanlon Thomas F $649,000 None Available
James B Tait Jr Generation Skipping Trus -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2021 07/02/21 Sold $649,000 -18.4% --
05/21/2021 05/21/21 Pending -- -- --
04/15/2017 04/15/17 For Sale $795,000 +38.3% --
08/07/2014 08/07/14 Sold $575,000 -30.3% -- View Prior Sale
08/06/2014 08/06/14 Pending -- -- --
04/28/2012 04/28/12 For Sale $825,000 -- --
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
2025 -- $1,976,260 $560,000 $1,416,260
2024 $20,711 $1,976,260 $560,000 $1,416,260
2023 $5,859 $1,525,340 $560,000 $965,340
2022 $5,859 $450,000 $450,000 $0
2021 $5,701 $450,000 $450,000 $0
2020 $5,701 $450,000 $450,000 $0
2019 $5,701 $450,000 $450,000 $0
2018 $5,701 $450,000 $450,000 $0
2017 $5,589 $450,000 $450,000 $0
2016 $5,589 $450,000 $450,000 $0
2015 $5,589 $450,000 $450,000 $0
2014 $8,423 $750,000 $750,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100058445

Hive MLS

APN: 2643D023