NOT LISTED FOR SALE

86 Keelson Row Bald Head Island, NC 28461

Estimated Value: $644,000 - $824,000

0.08 Acre
$9,243,338 Price per Acre
3,528 Sq Ft Lot

Last Sold May 22, 2024

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

Est. 23% increase in value since last sale

Current estimated payment $4,308/month

232 Days on Market

Highlights

  • 125 Feet of Waterfront
  • Ocean View
  • Home fronts a creek
  • Southport Elementary School Rated 9+
  • Property is near a marina
  • Wooded Lot

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: 09/05/2023

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,090

Lot Details

  • 3,528 Sq Ft Lot
  • Home fronts a creek
  • Property fronts a marsh
  • 125 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Wood Fence
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned PD-3

Property Views

  • Ocean
  • Marina
  • River

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 2601b064

Community Details

Overview

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

Recreation

  • Property is near a marina
  • Property Near A Cove
  • Access to marsh
  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$4,090

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Bay/Harbor, Creek Front, Marina Front, Marsh Front
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Wood
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 69
  • Water Frontage: 125.00

Utilities

  • Fuel Tank: None
  • Utilities: Electricity Available, Municipal Sewer, Municipal Water

Association/Amenities

  • HOA and Neighborhood Amenities: Maint - Comm Areas, Taxes
  • HOAAssociationName: BHI Association
  • HOAAssociationPhone: 9104574676

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 608.00
  • Lot Description: Level, Open
  • Lot Sq Ft: 3528.00
  • Lot Water Features: Bulkhead, Cove, Harbor, Salt Marsh
  • Plat Book: Z
  • Plat Page: 75
  • Special Assessments: last year wildlife assessment
  • Zoning: PD-3
  • Acres: 0.08
  • Wooded Acres: 198.00
  • Current Use: Vacant
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 11237500.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Level, Wooded
  • Lot View Type: Marina View, Marsh View, Ocean View, River View, Water View

Tax Info

  • Tax Identifier: 2601b064
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 4090.48

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 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
A Non Member
A Non Member
List Price
$1,295,000
Sold Price
$600,000
Premium/Discount to List
-$695,000
-53.67%
Views
67
Current Estimated Value
$739,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,467
Avg. Annual Appreciation
15.86%

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:

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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 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 $4,793 $474,730 $337,500 $137,230
2024 $4,793 $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