NOT LISTED FOR SALE

86 Keelson Row Bald Head Island, NC 28461

Estimated Value: $533,000 - $928,000

0.08 Acre
$8,818,788 Price per Acre
3,485 Sq Ft Lot

Last Sold May 22, 2024

Last sale price $600,000 $3,030 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,635/month

232 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Property is near a marina
  • Wood Fence
  • Southport Elementary School Rated 9+
  • Property fronts a marsh

About This Lot

As of May 2024

One of the most unique properties on Bald Head Island located in the marina. Views, views and more views, 360 degrees in every direction. Very few homesites have marina, marsh, river and ocean views from one property. There are exceptions to set-back and impervious coverage requirements. allowing for a larger home to be built. A home in excess of 3,500 sq ft could be built on this property. Years ago the Cheney Fatigue Clinic occupied this land with crofter and cart garage. The crofter is currently being remodeled. A rental analysis has been completed showing $63,000 annual income for the crofter. Note: 87A will also be included in this purchase which includes the bulkhead.

Last Agent to Sell the Property

Gordon Davis

Atlantic Realty Professionals, Inc License #225359 Listed on: 09/06/2023

Last Buyer's Agent

Sally Seller

Non Member Office

Property Details

Property Type

  • Land

Lot Details

  • Property fronts a marsh
  • Property Fronts a Bay or Harbor
  • Wood Fence
  • Property is zoned PD-3

Outdoor Features

  • Property is near a marina

Schools

  • Southport Elementary School
  • South Brunswick High School

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Secondary Subdivision: N/A
  • Property Sub Type: Residential Land
  • Original List Price: 899000.00
  • Other Structures: Storage
  • Island Or Mainland: Island
  • Prospect Exempt Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Acre: 11237500.00
  • Special Features: None

Interior Features

  • Bathrooms Total Source: MLS

Exterior Features

  • Fencing: Wood
  • Road Frontage Type: Creek, Bay/Harbor, Marsh Front, Marina Front
  • Road Frontage Type: Maintained, City Street, State Road, Paved
  • Road Surface Type: Paved
  • Waterfront Features: Bulkhead, Cove, Harbor, Marina Front, Salt Marsh
  • Waterfront?: Yes
  • Waterfront Footage: 125.00

Utilities

  • Utilities: Sewer Available, Water Available, Electricity Available
  • Water Source: Public
  • Sewer Provider: Municipal Sewer

Condo/Co-op/Association

  • Association Amenities: Maintenance Common Areas, Taxes
  • Association Name: BHI Association
  • Association Phone#: 910-457-4676
  • Has H O A?: Yes
  • Association Management Company Phone: 9104588881
  • Association Management Company: BHI Harbour association

Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • Junior High Dist: Brunswick County Schools
  • Middle Or Junior School: South Brunswick

Lot Info

  • Deed Book: 4966
  • Deed Page: 608.00
  • Zoning: PD-3
  • Current Use: Vacant
  • Environmental Hazard: No
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Level,Wooded
  • Lot Features: Open Lot, Level, Bulkhead, Cove, Harbor, Salt Marsh
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3528.00
  • Wooded Area: 198.00
  • Purchase Contract Date: 2024-04-25
  • Parcel#: 2601b064
  • Cobra Zone Y N: No
  • Deed Restriction Y N: Yes
  • Permitted Use: Public

Tax Info

  • Tax Year: 2022
  • Tax Block: 75
  • Tax Book Number: Z
  • Tax Map Number: 2601B064
  • Tax Other Assessment Amount Frequency: last year wildlife assessment
  • Tax Amount: 4090.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
May 21, 2024
Sold by
Nice Neighbors Llc
Bought by
Compent Llc
Seller's Agent
Gordon Davis
Atlantic Realty Professionals, Inc
Buyer's Agent
Sally Seller
Non Member Office
List Price
$1,295,000
Sold Price
$600,000
Premium/Discount to List
-$695,000
-53.67%
Views
67
Current Estimated Value
$798,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,267
Avg. Annual Appreciation
10.12%

Purchase Details

Closed on
Jan 25, 2023
Sold by
Bald Head Island Limited Llc
Bought by
Nice Neighbors Llc

Purchase Details

Closed on
Mar 1, 2012
Sold by
Bhi Realty Ventures Llc
Bought by
Bald Head Island Limited Llc

Purchase Details

Closed on
Jul 8, 2005
Sold by
Cheney Paul R and Cheney Holly K
Bought by
Bhi Realty Ventures Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Compent Llc $600,000 None Listed On Document
Compent Llc $600,000 None Listed On Document
Nice Neighbors Llc $700,000 --
Bald Head Island Limited Llc -- None Available
Bhi Realty Ventures Llc $1,450,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2024 05/22/24 Sold $600,000 -33.3% $3,030 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
02/03/2024 02/03/24 Price Changed $899,000 -30.6% $4,540 / Sq Ft
09/06/2023 09/06/23 For Sale $1,295,000 -- $6,540 / Sq Ft
Source: Hive MLS

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 $4,793 $474,730 $337,500 $137,230
2024 $46 $474,730 $337,500 $137,230
2023 $4,090 $474,730 $337,500 $137,230
2022 $4,090 $328,210 $250,000 $78,210
2021 $3,976 $328,210 $250,000 $78,210
2020 $3,976 $328,210 $250,000 $78,210
2019 $3,976 $250,000 $250,000 $0
2018 $6,930 $572,110 $500,000 $72,110
2017 $6,816 $500,000 $500,000 $0
2016 $6,816 $500,000 $500,000 $0
2015 $6,816 $572,110 $500,000 $72,110
2014 $7,582 $706,930 $640,000 $66,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100403472

Hive MLS

APN: 2601B064