NOT LISTED FOR SALE

113 Pirates Way Unit 113 Manteo, NC 27954

Estimated Value: $291,849 - $355,000

1 Bed
1 Bath
751 Sq Ft
$522/mo HOA Fee

Last Sold November 04, 2014

Last sale price $135,000 $180 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $2,310/month

20 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Furnished
  • Home fronts a canal
  • Contemporary Architecture
  • Community Pool

About This Home

As of November 2014

Wow, incredible price for this lower level condo in Pirate's Cove! Priced BELOW tax value, this 1BR, 1BA unit includes an extra loft area perfect for a study or bunk bed. The open floorplan showcases an eat-on bar, wood fireplace and balcony overlooking the water canal and wooded area. Since 2012, updates include new HVAC system, hot water heater, carpet, and kitchen appliances. Located near the tennis courts, pool and clubhouse, this unit is a great investment opportunity or vacation getaway for Outer Banks lovers.

Last Agent to Sell the Property

Elizabeth Cloninger

Pirates Cove Realty License #270965 Listed on: 08/24/2014

Pirates Cove Realty

Last Buyer's Agent

* *None

**None License #NA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,280

Year Built

  • Built in 1989

Lot Details

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

HOA Fees

  • $522 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 751 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Canal Views
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Forced Air 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, security, sewer/septic, tennis courts, water, walkways
  • Carol Funk Association, Phone Number (252) 473-6800
  • Pc Buccaneer Vill Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Boardwalk
  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,280

Year Built

Built in 1989

Lot Details

0

HOA Fees

$522 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: Enter Pirate's Cove, thru guard gate. Buccaneer Village on right. First bldg on right.
  • Extras: Ceiling Fan(s), Landscaped, Lawn Sprinklers, Outdoor Tennis, Smoke Detector(s)
  • Flood Zone: AE
  • Headline: Incredible Price and Value
  • Heated Sq Ft: 751
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Canalfront
  • Zoning: Res
  • Deed Book Pg Number: 0151
  • Major Subdivision: Pirates Cove
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer
  • Bedrooms: 1
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Interior Amenities: Wood Fireplace

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Canal

Garage/Parking

  • Parking: Paved

Utilities

  • Cooling: Central
  • Heating: Electric, Forced Air
  • Oilgas Severed Pre Owner: No Representation
  • 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, Security, Sewer/Septic, Tennis Courts, Water, Walkways
  • Association Amenities: Clubhouse, Gated Community, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 6260
  • Hoa Contact: Carol Funk
  • HOA Contact: 252-473-6800

Lot Info

  • Lot Description: Water Frontage
  • Deed Book: 1585

Rental Info

  • Est Annual Rental Income: 11250
  • Estimated Rental Performance: 0.0833
  • Lease Terms: Weekly
  • Rental Co: Pirates Cove Realty

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2013
  • Taxes: 1279.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2014
Closed on
Oct 27, 2014
Sold by
Sabie Ahmed and Sabie Vicki B
Bought by
Mannix John R and Mannix Diane
Seller's Agent
Elizabeth Cloninger
Pirates Cove Realty
Buyer's Agent
* *None
**None
List Price
$139,000
Sold Price
$135,000
Premium/Discount to List
-$4,000
-2.88%
Current Estimated Value
$319,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,212
Avg. Annual Appreciation
8.17%
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
Mannix John R -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2014 11/04/14 Sold $135,000 -2.9% $180 / Sq Ft
09/13/2014 09/13/14 Pending -- -- --
08/24/2014 08/24/14 For Sale $139,000 -- $185 / 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 $1,144 $153,400 $60,000 $93,400
2023 $614 $153,400 $60,000 $93,400
2022 $1,144 $153,400 $60,000 $93,400
2021 $1,144 $153,400 $60,000 $93,400
2020 $1,144 $153,400 $60,000 $93,400
2019 $1,323 $157,500 $67,500 $90,000
2018 $1,361 $157,500 $67,500 $90,000
2017 $1,361 $157,500 $67,500 $90,000
2016 $1,296 $157,500 $67,500 $90,000
2014 $128 $157,500 $67,500 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 84970

Outer Banks Association of REALTORS®

APN: 025694259