NOT LISTED FOR SALE

103 Ballast Point Dr Manteo, NC 27954

Estimated Value: $936,000 - $1,206,000

4 Beds
3 Baths
2,234 Sq Ft
$478/Sq Ft Est. Value

Last Sold May 23, 2014

Last sale price $525,000 $235 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $6,281/month

478 Days on Market

Highlights

  • Private Dock
  • Outdoor Pool
  • Home fronts a canal
  • Health Club
  • Gated Community
  • Clubhouse

About This Home

As of May 2014

BEAUTIFUL 4BR, 3BA CANALFRONT HOME IN PIRATE'S COVE. CUSTOM BUILT BUILT IN 1998, THIS 2,234 SQ. FT. HOME UNDERWENT OVER $28K IN RECENT RENOVATIONS INCLUDING: NEW FLOORS, INTERIOR CARPET, EXTERIOR PAINT, AND CERAMIC TILE FLOORS IN KITCHEN AND MASTER BATH. DESIGNED WITH A REVERSE FLOORPLAN, LARGE LIVING ROOM AREA, 9' FT. CEILINGS, GAS FIREPLACE, SUNDECKS, AND FLOOR-TO-CEILING WINDOWS. THIS PROPERTY HAS BEEN IN A RENTAL PROGRAM SINCE CONSTRUCTION AND IS A FAVORITE AMONGST RENTERS. STILL OWNED BY THE ORIGINAL OWNER, THIS INVESTMENT PROPERTY HAS RECEIVED METICULOUS MAINTENANCE SINCE CONSTRUCTION WITH A NEW HVAC SYSTEM AND WATER HEATERS ADDED IN MAY, 2013. AN ADDITIONAL SAFEGUARD INCLUDES ROLL-DOWN HURRICANE SHUTTERS AND ADDITIONAL UPGRADES INCLUDE BEAD-BOARD TRIM IN KITCHEN, 47" FLAT SCREEN TV IN FAMILY ROOM AND STORAGE ROOM WITH SECOND FREEZER AND A BULKHEADED LOT PERFECT FOR PARKING YOUR BOAT AT YOUR ASSIGNED BOAT SLIP OUTSIDE YOUR BACK DOOR. PIRATE'S COVE AMENITIES INCLUDE: SECURITY, CLUBHOUSE, COMMUNITY POOL, HOMEOWNERS' POOL, FITNESS FACILITY, LANDSCAPING AND MORE.

Last Agent to Sell the Property

Elizabeth Cloninger

Pirates Cove Realty License #270965 Listed on: 12/26/2012

Pirates Cove Realty

Last Buyer's Agent

Marie Gelormine

Default, Office License #267649

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,834

Year Built

  • Built in 1998

Lot Details

  • Home fronts a canal
  • Property fronts a private road
  • Landscaped
  • Sprinkler System

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,234 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Dining Room
  • Utility Room
  • Washer
  • Canal Views
  • Hurricane or Storm Shutters

Kitchen

  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Outdoor Pool
  • Sun Deck
  • Private Dock
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Sewer

Listing and Financial Details

  • Tax Lot 91

Community Details

Overview

  • Association fees include grounds maintenance, pool, road maintenance, security, tennis courts, walkways
  • Carol Funk Association, Phone Number (252) 473-6800
  • Pc Village Landngs Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,834

Year Built

Built in 1998

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Directions: Turn into Pirate's Cove, thru guard gate, follow road past Fitness Center, Over Bridge, #103 on left
  • Extras: Ceiling Fan(s), Landscaped, Lawn Sprinklers, Outside Lighting, Sun Deck, Boat Dock
  • Flood Zone: AE
  • Headline: RENOVATED & PAINTED!
  • Heated Sq Ft: 2234
  • Primary Residence: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Canalfront
  • Zoning: Res
  • Deed Book Pg Number: 0485
  • Major Subdivision: Pirates Cove
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Freezer, Microwave, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 3
  • Bedroom 3: On Level: 3
  • Bedroom 4: On Level: 3
  • Kitchen: On Level: 2
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Walk in Closet
  • Dining Room: On Level: 2
  • Family Room: On Level: 2

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board, Hurricane Shutters
  • Pool: Yes
  • Roof: Asphalt/Fiber Shingle
  • View: Canal

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Electric
  • Oilgas Severed By Seller: Yes
  • Oilgas Severed Pre Owner: No Representation
  • Seller To Sever Oilgas: Yes
  • Sewer/Septic System: Municipal Sewer

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Clubhouse, Gated Community, Health Club, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 2700
  • Hoa Contact: Carol Funk
  • HOA Contact: 252-473-6800
  • Home Owner Dwelling Insurance: 3135

Lot Info

  • Lot Description: Bulkheaded, Water Frontage
  • Lot Number: Lot 91
  • Deed Book: 1591

Rental Info

  • Est Annual Rental Income: 20001
  • Estimated Rental Performance: 0.0381
  • Flood Expenses: 310
  • Lease Terms: Weekly
  • Maintenance Expenses: 1200
  • Rental Co: Pirates Cove Realty
  • Rental Cottage Number: 103
  • Rental Phone Number: 252-473-6800
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 930
  • Annual Electric: 1400
  • Annual Water Expense: 990

Building Info

  • Year Built: 1998

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2013
  • Taxes: 3833.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2012
Closed on
May 19, 2014
Sold by
Tarkenton Scott L and Tarkenton Betty M
Bought by
Bridgman Edward W and Bridgman Pamela K
Seller's Agent
Elizabeth Cloninger
Pirates Cove Realty
Buyer's Agent
Marie Gelormine
Default, Office
List Price
$539,000
Sold Price
$525,000
Premium/Discount to List
-$14,000
-2.6%
Current Estimated Value
$1,049,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,587
Avg. Annual Appreciation
6.51%
Original Mortgage
$417,000
Interest Rate
4.37%
Mortgage Type
New Conventional
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
Bridgman Edward W $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bridgman Edward W $385,000
Closed Bridgman Edward W $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2014 05/23/14 Sold $525,000 -2.6% $235 / Sq Ft
04/18/2014 04/18/14 Pending -- -- --
12/26/2012 12/26/12 For Sale $539,000 -- $241 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $4,048 $496,500 $240,000 $256,500
2023 $4,049 $542,820 $240,000 $302,820
2022 $4,051 $543,051 $240,000 $303,051
2021 $3,994 $535,356 $240,000 $295,356
2020 $4,003 $536,558 $240,000 $296,558
2019 $4,039 $439,500 $231,000 $208,500
2018 $4,049 $439,500 $231,000 $208,500
2017 $4,350 $474,000 $231,000 $243,000
2016 $4,154 $474,000 $231,000 $243,000
2014 $3,882 $474,000 $231,000 $243,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 77246

Outer Banks Association of REALTORS®

APN: 025694445