NOT LISTED FOR SALE

115 Pirates Way Unit 15 Manteo, NC 27954

Estimated Value: $388,000 - $463,000

2 Beds
2 Baths
981 Sq Ft
$419/Sq Ft Est. Value

Last Sold July 14, 2016

Last sale price $188,000 $192 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,835/month

8 Days on Market

Highlights

  • Private Dock
  • Outdoor Pool
  • Home fronts a canal
  • Tennis Courts
  • Gated Community
  • Clubhouse

About This Home

As of July 2016

Charming canalfront condo in Pirate's Cove! This 2BR, 2BA condo has excellent location value with close proximity to the swimming pool and tennis courts. SOLD FURNISHED, this rental property includes a RESERVED PARKING SPACE and 25FT BOAT DOCK, slip #7 located in the Buccaneer Canal. Designed with an open floorplan, this unit has NEW kitchen cabinets, NEW bathroom cabinets, NEW countertops, NEW carpet, NEW refrigerator & dishwasher, an eat-on bar, fireplace and deck with separate entry from the master bedroom. Located in the gated community of Pirate's Cove, this unit enjoys amenities including swimming pools, clubhouse, tennis courts, fitness center, commons area, playground, on-site restaurant, world-class fishing marina and miles of perimeter docking perfect for fishing or walking.

Last Agent to Sell the Property

Elizabeth Cloninger

Pirates Cove Realty License #270965 Listed on: 05/24/2016

Pirates Cove Realty

Last Buyer's Agent

Bonnie Langdale

OBX Property Management, LLC dba Paradise Realty License #280889

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,494

Year Built

  • Built in 1989

Lot Details

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

HOA Fees

  • $547 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 981 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Canal Views
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Paved Parking
  • Parking Lot
  • Reserved Parking

Outdoor Features

  • Outdoor Pool
  • Private Dock
  • Tennis Courts
  • Covered Deck
  • Exterior Lighting

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,494

Year Built

Built in 1989

Lot Details

0

HOA Fees

$547 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: Enter Pirate's Cove, thru guard gate, first condo building on right.
  • Extras: Ceiling Fan(s), Curbs, Covered Decks, Lawn Sprinklers, Outdoor Tennis, Outside Lighting, Smoke Detector(s), Boat Dock
  • Flood Zone: AE
  • Headline: Renovated & Reserved Parking
  • Heated Sq Ft: 981
  • L V T Date: 05/24/2016
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Canalfront
  • Zoning: res
  • Deed Book Pg Number: 133
  • Major Subdivision: Pirates Cove
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer
  • Bedrooms: 2
  • Bedroom 1: King
  • Bedroom 2: Bunkbeds
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Wood Fireplace

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Canal

Garage/Parking

  • Parking: Parking Lot, Paved, Reserved

Utilities

  • Cooling: Central
  • Heating: Electric, Forced Air
  • 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
  • Condo Type: Attached
  • Association Amenities: Boat Dock, Clubhouse, Gated Community, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 6560
  • Hoa Contact: Carol Funk
  • HOA Contact: 252-473-6800

Lot Info

  • Lot Description: Bulkheaded, Water Frontage
  • Deed Book: 805

Rental Info

  • Est Annual Rental Income: 19940
  • Estimated Rental Performance: 0.1061
  • Lease Terms: Weekly
  • Rental Co: Pirates Cove Realty
  • Rental Phone Number: 252-473-6800
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2015
  • Taxes: 1494.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2018
Sold by
Parrish Robert Keith and Parrish Tanya Renee
Bought by
Ward Robert Glenn and Ward Brenda Elizabeth
Current Estimated Value
$410,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Outstanding Balance
$76,014
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$334,568
Source: Public Records

Range of Values:

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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
Ward Robert Glenn $208,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Robert Glenn $135,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2016 07/14/16 Sold $188,000 -8.3% $192 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $205,000 -- $209 / 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 $1,333 $174,100 $60,000 $114,100
2023 $1,333 $178,664 $60,000 $118,664
2022 $1,333 $178,664 $60,000 $118,664
2021 $1,333 $178,664 $60,000 $118,664
2020 $1,333 $178,664 $60,000 $118,664
2019 $1,523 $181,300 $71,300 $110,000
2018 $1,523 $181,300 $71,300 $110,000
2017 $1,569 $181,300 $71,300 $110,000
2016 $1,450 $181,300 $71,300 $110,000
2014 $1,476 $181,300 $71,300 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 92509

Outer Banks Association of REALTORS®

APN: 025694261