NOT LISTED FOR SALE

8 Cape Creek Rd Bald Head Island, NC 28461

Estimated Value: $3,115,000 - $4,090,868

0.78 Acre
$4,562,764 Price per Acre
33,977 Sq Ft Lot

Last Sold April 23, 2019

Last sale price $525,000

Est. 578% increase in value since last sale

Current estimated payment $21,204/month

20 Days on Market

Highlights

  • 160 Feet of Waterfront
  • 0.78 Acre Lot
  • Community Garden
  • Ocean View
  • Wooded Lot
  • Property fronts a marsh

About This Lot

As of April 2019

MarshFRONT Homesite on the Estuary of Cape Creek with grandview Up and Down the Marsh & Creek. LOT 202 -Private Location, secluded, pristine and one of the very best offered on Bald Head Island & Middle Island Plantation. Canoe launching ramp is across the street from this property - with ramp for launching & viewing dock. No time limit to build - come with your Architect & design with two views in mind - Equity Lifestyle BHI Club Membership available with separate purchase - Shoals Club is also available at the Club.

Last Agent to Sell the Property

Ginger Dunn

Wendy Wilmot Properties License #157324 Listed on: 03/26/2019

Last Buyer's Agent

Kurt Bonney

Tiffany's Beach Properties License #216715

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,423

Lot Details

  • 0.78 Acre Lot
  • Lot Dimensions are 150 x 89 x 67 x 66 x 149.17 x 173.25 x 73.81
  • Property fronts a marsh
  • 160 Feet of Waterfront
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Marsh on Lot

HOA Fees

  • $87 Monthly HOA Fees

Property Views

  • Ocean Views

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 26500066

Community Details

Overview

  • Middle Island Plantation Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Community Garden

Recreation

  • Access to marsh

Property Details

Property Type

Land

Est. Annual Taxes

$2,423

Lot Details

0

HOA Fees

$87 per month

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Unpaved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 150
  • Water Frontage: 160.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Sewer Available, Municipal Water, Municipal Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Comm Garden, Maint - Comm Areas, Maint - Roads, Mgmt Fee, Tax Comm Areas
  • HOAAssociationFee1Year: 1040.00

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 1105.00
  • Lot Description: Wooded
  • Lot Dimensions: 150 X 89 X 67 X 66 X 149.17 X 173.25 X 73.81
  • Lot Sq Ft: 33932.00
  • Lot Water Features: Salt Marsh, Water Access Comm, Waterfront Comm
  • Plat Book: 25
  • Plat Page: 271
  • Zoning: RESIDENTIAL
  • Acres: 0.78
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 864102.56
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Marsh/Wetland, Rolling, Undeveloped
  • Lot View Type: Marsh View, Ocean View, Water View

Tax Info

  • Tax Identifier: 26500066
  • Tax Year: 2018
  • Total City Real Estate Property Tax: 0.73
  • Total Real Estate Property Taxes: 2423.00
  • Deferred Taxes: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2019
Closed on
Apr 22, 2019
Sold by
Griffin Lot Ventures Llc
Bought by
Bowen Rees Julian and Bowen Rees Melissa
Seller's Agent
Ginger Dunn
Wendy Wilmot Properties
Buyer's Agent
Kurt Bonney
Tiffany's Beach Properties
List Price
$674,000
Sold Price
$525,000
Premium/Discount to List
-$149,000
-22.11%
Current Estimated Value
$3,558,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,033,956
Avg. Annual Appreciation
34.76%

Purchase Details

Closed on
Jun 26, 2018
Sold by
Griffin Anthony C and Griffin Scott M
Bought by
Griffin Lot Ventures Llc

Purchase Details

Closed on
Dec 1, 2002
Bought by
Griffin Anthony C and Griffin Scott M
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
Bowen Rees Julian $525,000 None Available
Griffin Lot Ventures Llc -- None Available
Griffin Anthony C $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Griffin Anthony C $655,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2019 04/23/19 Sold $525,000 -22.1% --
04/15/2019 04/15/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $674,000 -- --
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 $20,696 $2,049,710 $520,000 $1,529,710
2023 $9,850 $2,049,710 $520,000 $1,529,710
2022 $0 $790,340 $150,000 $640,340
2021 $0 $332,770 $150,000 $182,770
2020 $1,817 $150,000 $150,000 $0
2019 $1,817 $150,000 $150,000 $0
2018 $2,423 $200,000 $200,000 $0
2017 $2,383 $200,000 $200,000 $0
2016 $2,383 $200,000 $200,000 $0
2015 $2,383 $200,000 $200,000 $0
2014 $3,218 $300,000 $300,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100156822

Hive MLS

APN: 26500066