NOT LISTED FOR SALE

1109 S Bay Club Dr Unit 1109 Manteo, NC 27954

Estimated Value: $368,355 - $387,000

1 Bed
1.5 Baths
916 Sq Ft
$415/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $195,700 $214 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,757/month

185 Days on Market

Highlights

  • Views of a Sound
  • Outdoor Pool
  • Contemporary Architecture
  • Home fronts a sound
  • Clubhouse
  • Cathedral Ceiling

About This Home

As of September 2020

Immaculate & Ideal Location! This 1BR, 1BA Shallowbag Bay condo showcases extensive water views from its floor-to-ceiling windows and cozy covered deck. SOLD FURNISHED, this investment property or second homes features an open floor plan with combined living/dining area, kitchen with custom cabinetry and eat-on bar, master bedroom and bath with separate shower and jet tub, and private deck showcasing harbor and sound front views. Located in the Shallowbag community, building amenities include an elevator and is only steps to the marina and harbor. Community amenities include a clubhouse with fitness/recreation rooms, swimming pool and on-site restaurant. This unit has received meticulous care from its owners and enjoys location value from its short distance to the downtown waterfront and local attractions.

Last Agent to Sell the Property

Elizabeth Cloninger

Pirates Cove Realty License #270965 Listed on: 02/01/2020

Pirates Cove Realty

Last Buyer's Agent

Terry Cremia

Shore Realty License #204156

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,375

Year Built

  • Built in 2004

Lot Details

  • Home fronts a sound
  • Property fronts a private road
  • Landscaped

HOA Fees

  • $564 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Harbor
  • Canal

Home Design

  • Contemporary Architecture
  • Property Attached
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 916 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Parking

  • Paved Parking
  • Parking Lot

Outdoor Features

  • Outdoor Pool
  • Covered Deck
  • Exterior Lighting

Utilities

  • Zoned Heating and Cooling System
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, flood insurance, grounds maintenance, management, pool, road maintenance
  • Shallowbag Bay Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,375

Year Built

Built in 2004

Lot Details

0

HOA Fees

$564 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: Head north on Old Hwy 64 into Manteo; at McDonalds, turn right into community. Bear to the right, building 11 is at the end of the street.
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Jet Tub, Landscaped, Outside Lighting
  • Flood Zone: AE
  • Headline: Cozy Unit with Water Views!
  • Heated Sq Ft: 916
  • L V T Date: 02/02/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Soundfront
  • Zoning: res
  • Deed Book Pg Number: 0413
  • Destination Commerce Corp: Yes
  • Office License Number: C20146
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer
  • Bedrooms: 1
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Canal, Harbor, Sound, Salt Marsh

Garage/Parking

  • Parking: Parking Lot, Paved

Utilities

  • Cooling: Central
  • Heating: Central, Electric, Zoned
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Road Maintenance
  • Condo Type: Attached
  • Association Amenities: Clubhouse, Outdoor-Comm. Pool, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 6764

Lot Info

  • Lot Description: Bulkheaded, Water Frontage
  • Deed Book: 1890

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Pirates Cove Realty
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 900
  • Annual Water Expense: 600

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2019
  • Taxes: 1374.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2012
Sold by
Laster Kenneth D and Laster Patricia K
Bought by
Sironas Investments Llc
Current Estimated Value
$380,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 6, 2005
Sold by
Shallowbag Bay Llc
Bought by
Laster Kenneth D and Laster Patricia K
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
Sironas Investments Llc $160,000 None Available
Laster Kenneth D $390,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Kurt $146,250
Closed Sironas Investments Llc $114,750
Closed Sironas Investments Llc $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $195,700 -4.5% $214 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/22/2020 07/22/20 Price Changed $205,000 -4.7% $224 / Sq Ft
02/01/2020 02/01/20 For Sale $215,000 -- $235 / 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 $1,469 $196,900 $25,000 $171,900
2023 $1,469 $196,900 $25,000 $171,900
2022 $1,469 $196,900 $25,000 $171,900
2021 $1,469 $203,776 $25,000 $178,776
2020 $1,520 $203,776 $25,000 $178,776
2019 $1,375 $157,200 $28,000 $129,200
2018 $1,380 $157,200 $28,000 $129,200
2017 $1,375 $157,200 $28,000 $129,200
2016 $1,309 $157,200 $28,000 $129,200
2014 $1,242 $157,200 $28,000 $129,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108128

Outer Banks Association of REALTORS®

APN: 030835074