NOT LISTED FOR SALE

8 Scotch Bonnet Ln Bald Head Island, NC 28461

Estimated Value: $1,259,000 - $1,452,000

2 Beds
2.5 Baths
1,430 Sq Ft
$942/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $912,500 $638 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $8,386/month

40 Days on Market

Highlights

  • Ocean View
  • Ocean Side of Freeway
  • Bamboo Flooring
  • Water Access
  • Deck
  • Furnished

About This Home

As of October 2020

The quintessential ocean view beach cottage with a massive overhaul! If you're looking for a Bald Head Island oasis from the hustle of busy city life, this is it. Every design and decor feature in this home has been carefully chosen to reflect an air of livable luxury with all the colors of the sea around you. Completely renovated, this 2 Bedroom, 2.5 bath home easily sleeps six, making it perfect for a romantic beach home getaway or family retreat. Watch the sky light up at sunset on the second floor porch which offers sweeping ocean views. Kick off your shoes and walk to the private boardwalk access to South Beach within steps of the home's wrap around screened porch. Grossing 70k in annual rental. Home is being sold furnished with one six passenger golf cart. Bald Head Island Club Social/House Membership available for separate purchase. Roof: 2016, Windows: 2019. New flooring, interior and exterior paint, kitchen remodel includes new countertops, backsplash, sink, fixtures and stainless steel appliances. New lighting fixtures and fans throughout. Updated Master bath ensuite, new fireplace, modern steel cable stair railings, new washer dryer.

Last Agent to Sell the Property

Stephanie Blake

Intracoastal Realty License #288981 Listed on: 07/17/2020

Intracoastal Realty

Last Buyer's Agent

Kurt Bonney

Tiffany's Beach Properties License #216715

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,325

Year Built

  • Built in 1993

Lot Details

  • 0.3 Acre Lot
  • Cul-De-Sac
  • Wood Fence

HOA Fees

  • $233 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,430 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Partial Basement

Kitchen

  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Ocean Side of Freeway
  • Deck
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2643g001

Community Details

Overview

  • Bhi Stage I & II Killegray Ridge Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,325

Year Built

Built in 1993

Lot Details

0

HOA Fees

$233 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: 1993
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Bamboo, Wood, Tile
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 9Ft+ Ceilings, Skylights, Walk-In Closet, Walk-in Shower, Solid Surface, Furnished, Gas Logs, Ceiling Fan(s), Blinds/Shades
  • List Price per Sq Ft: 688.81
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 2
  • Number Rooms: 7
  • Sq Ft Heated: 1430.00
  • Total Heated Primary Separate Sq Ft: 1430.00

Exterior Features

  • Exterior Features: Gas Logs, Outdoor Shower
  • Exterior Finish: Wood Siding
  • Fencing: Partial, Wood
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Open, Screened, Porch, Patio, Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Detached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Cooktop - Electric, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer, Disposal, Dishwasher
  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Street Lights, Management, Maint - Grounds
  • HOAAssociationFee1Year: 2790.00

Lot Info

  • Deed Page: 1047.00
  • Lot Acres: 0.30
  • Lot Description: Cul-de-Sac Lot
  • Lot Sq Ft: 13068.00
  • Lot Water Features: Ocean Side, Second Row, Water Access Comm
  • Plat Book: X
  • Plat Page: 253
  • Special Assessments: Yes, 2020 Boardwalk/PAID
  • Zoning: Residential
  • Lot View Type: Ocean View, Water View

Rental Info

  • Rental Income Gross Rental Income: 70000.00

Tax Info

  • Tax Identifier: 2643g001
  • Tax Year: 2019
  • Total Real Estate Property Taxes: 7325.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2021
Sold by
Immel Scott and Tanna Chaya
Bought by
Bleu Fin Llc
Current Estimated Value
$1,347,330

Purchase Details

Listed on
Jul 17, 2020
Closed on
Oct 2, 2020
Sold by
Mcbrayer Nathan E and Mcbrayer Lori A
Bought by
Immel Scott and Tanna Chaya
Seller's Agent
Stephanie Blake
Intracoastal Realty
Buyer's Agent
Kurt Bonney
Tiffany's Beach Properties
List Price
$985,000
Sold Price
$912,500
Premium/Discount to List
-$72,500
-7.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$730,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2018
Sold by
Hollinshed Thomas O and Fisher Martha H
Bought by
Gibson Pryor A

Purchase Details

Listed on
Oct 16, 2016
Closed on
Apr 9, 2018
Sold by
Katz Pamela J and Katz Frederick L
Bought by
Mcbrayer Nathan E and Mcbrayer Lori A
Seller's Agent
Mary Munroe
Mary Munroe Realty: Bald Head Vacations and Sales
Buyer's Agent
Stephanie Blake
Bald Head Island Limited Real Estate Sales
List Price
$749,999
Sold Price
$620,000
Premium/Discount to List
-$129,999
-17.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%
Original Mortgage
$105,000
Interest Rate
4.45%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 21, 2005
Sold by
Katz Pamela J and Katz Frederick L
Bought by
Katz Pamelan J and Katz Frederick L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2005
Sold by
Burns J Gordon J and Burns Meredith C
Bought by
Katz Fredrick L and Katz Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
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
Bleu Fin Llc -- None Available
Immel Scott $912,500 None Available
Gibson Pryor A $34,000 None Available
Mcbrayer Nathan E $620,000 None Available
Katz Pamelan J -- None Available
Katz Fredrick L $460,000 None Available
Katz Frederick L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Immel Scott $730,000
Previous Owner Mcbrayer Nathan E $110,000
Previous Owner Mcbrayer Nathan E $569,000
Previous Owner Mcbrayer Nathan E $105,000
Previous Owner Mcbrayer Nathan E $453,000
Previous Owner Katz Pamela J $804,500
Previous Owner Katz Frederick L $275,000
Previous Owner Katz Frederick L $565,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold $912,500 -7.4% $638 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $985,000 +58.9% $689 / Sq Ft
04/19/2018 04/19/18 Sold $620,000 -17.3% $434 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
10/16/2016 10/16/16 For Sale $749,999 -- $524 / 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
2025 $10,417 $956,780 $505,000 $451,780
2024 $10,417 $956,780 $505,000 $451,780
2023 $8,339 $956,780 $505,000 $451,780
2022 $8,339 $608,510 $300,000 $308,510
2021 $7,923 $608,510 $300,000 $308,510
2020 $7,509 $562,590 $300,000 $262,590
2019 $7,325 $305,830 $300,000 $5,830
2018 $9,831 $479,450 $475,000 $4,450
2017 $9,605 $479,450 $475,000 $4,450
2016 $9,605 $479,450 $475,000 $4,450
2015 $9,605 $741,900 $475,000 $266,900
2014 $9,080 $773,904 $500,000 $273,904
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100227327

Hive MLS

APN: 2643G001