NOT LISTED FOR SALE

1117 S Bay Club Dr Unit 1117 Manteo, NC 27954

Estimated Value: $365,508 - $399,000

1 Bed
1.5 Baths
916 Sq Ft
$419/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $205,000 $224 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,780/month

146 Days on Market

Highlights

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

About This Home

As of August 2020

Immaculate & Ideal Location! This TOP FLOOR 1BR, 1BA Shallowbag Bay condo was designed to capture extensive water views from every angle. Interior features include a cathedral ceiling, kitchen with custom cabinetry and eat-on bar, a master bedroom and roomy bath with separate shower and jet tub, and floor-to-ceiling windows showcasing harbor and sound front views. SOLD FURNISHED, this investment property's building amenities include an elevator, reserved parking for owners, and is only steps to the marina and harbor. The Shallowbag community offers a clubhouse with fitness/recreation rooms, swimming pool and on-site restaurant. This rental property or second home has received meticulous care from its owners and enjoys location value from its short distance to downtown Manteo, the 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

Sydney Jenkins

Keller Williams - Outer Banks License #230144

Keller Williams - Outer Banks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,436

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

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

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Parking Lot
  • Reserved Parking

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

$1,436

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: Top Floor Unit - Waterfront
  • Heated Sq Ft: 916
  • L V T Date: 02/01/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Soundfront
  • Zoning: res
  • Deed Book Pg Number: 0918
  • Destination Commerce Corp: Yes
  • Office License Number: C20146
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • 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, Reserved

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: 2133

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: 1436.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2020
Closed on
Jul 14, 2020
Sold by
Mckee Investments Llc
Bought by
Watson Lindsey Anne
Seller's Agent
Elizabeth Cloninger
Pirates Cove Realty
Buyer's Agent
Sydney Jenkins
Keller Williams - Outer Banks
List Price
$225,000
Sold Price
$205,000
Premium/Discount to List
-$20,000
-8.89%
Current Estimated Value
$383,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,377
Avg. Annual Appreciation
13.25%
Original Mortgage
$194,750
Outstanding Balance
$173,145
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$210,232

Purchase Details

Closed on
Nov 18, 2016
Sold by
Groce Thomas A and Groce Lucille C
Bought by
Mckee Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
3.52%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2005
Sold by
Shallowbag Bay Club Llc
Bought by
Groce Thomas A and Groce Lucille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,250
Interest Rate
5.25%
Mortgage Type
Assumption
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
Watson Lindsey Anne $205,000 None Available
Mckee Investments Llc -- Attorney
Groce Thomas A $385,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Lindsey Anne $194,750
Previous Owner Mckee Investments Llc $15,000
Previous Owner Groce Thomas A $250,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $205,000 -8.9% $224 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $225,000 +9.8% $246 / Sq Ft
06/25/2020 06/25/20 Off Market $205,000 -- --
02/01/2020 02/01/20 For Sale $225,000 -- $246 / 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 $1,528 $204,800 $30,000 $174,800
2023 $1,528 $204,800 $30,000 $174,800
2022 $1,528 $204,800 $30,000 $174,800
2021 $1,585 $211,792 $30,000 $181,792
2020 $1,580 $211,792 $30,000 $181,792
2019 $1,436 $164,400 $33,000 $131,400
2018 $1,436 $164,400 $33,000 $131,400
2017 $1,436 $164,400 $33,000 $131,400
2016 $1,368 $164,400 $33,000 $131,400
2014 $1,351 $164,400 $33,000 $131,400
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Cloninger

    Seller's Agent in 2020

    Elizabeth Cloninger

    Pirates Cove Realty

    (252) 305-2951

    199 Total Sales

    Elizabeth Cloninger
    Section Image

  • S

    Buyer's Agent in 2020

    Sydney Jenkins

    Keller Williams - Outer Banks

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108117

Outer Banks Association of REALTORS®

APN: 030835082

North Carolina Dare County Manteo 27954

1117 S Bay Club Dr Unit 1117, Manteo, NC

This home is located at 1117 S Bay Club Dr Unit 1117, Manteo, NC 27954 since 01 February 2020 and is currently estimated at $383,377, approximately $418 per square foot. This property was built in 2004. 1117 S Bay Club Dr Unit 1117 is a home located in Dare County with nearby schools including Manteo Elementary School, Manteo Middle School, and Manteo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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