NOT LISTED FOR SALE

116 Pirates Way Unit 116 Manteo, NC 27954

Estimated Value: $333,000 - $342,399

1 Bed
1 Bath
765 Sq Ft
$444/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $170,000 $222 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,481/month

63 Days on Market

Highlights

  • Outdoor Pool
  • Home fronts a canal
  • Tennis Courts
  • Gated Community
  • Clubhouse
  • Covered Deck

About This Home

As of May 2019

This beautiful end unit gives you great views of the peaceful boardwalk lined canal from the living room, covered patio, and bedroom. It has been meticulously maintained by the owner and is move-in ready. Enjoy your afternoons looking over the canal from the spacious covered patio or stay warm by the fireplace on cooler evenings. There is also room for a twin sized bed in the alcove that is perfect for guests or kids. Located in Pirates cove, this gated community offers tons of amenities including luxurious pools, tennis courts, clubhouse, fitness center, and miles of gorgeous boardwalks along the waterways. Pirates Cove also offers Mimi's Tiki Bar, Blue Water Grill and Raw Bar, and the marina store. You never have to leave home with all that Pirate's Cove has to offer. This condo is perfect for boaters and fishermen or anyone who enjoys the water. This unit is listed as unfurnished but some furnishings may be available if desired. A covered parking space is provided directly under the unit as well as an assigned storage unit. The owner currently has a 25 ft. boat slip. This boat slip can transfer to the buyer if they meet the criteria for a qualified Pirates Cove boat owner. Boat slip fee is $130.

Last Agent to Sell the Property

Wade Perry

Default, Office License #306331 Listed on: 02/14/2019

Last Buyer's Agent

Anthony Chirico

Pirates Cove Realty License #287842

Pirates Cove Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,369

Year Built

  • Built in 1989

Lot Details

  • Home fronts a canal

HOA Fees

  • $572 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 765 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Canal Views
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Tuck Under Parking
  • Paved Parking
  • Parking Lot
  • Off-Street Parking
  • Reserved Parking

Outdoor Features

  • Outdoor Pool
  • Covered Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump 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, water
  • 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

$1,369

Year Built

Built in 1989

Lot Details

0

HOA Fees

$572 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: Go through the gates at Pirate's Cove. It is building #1 on your right. It is the end unit facing the canal.
  • Extras: Ceiling Fan(s), Covered Decks
  • Flood Zone: AE
  • Heated Sq Ft: 765
  • L V T Date: 02/14/2019
  • Roads: Paved
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Canalfront
  • Zoning: Res
  • Deed Book Pg Number: 0228
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Pirates Cove
  • Newpoint Media: Yes
  • Office License Number: C25588
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer
  • Bedrooms: 1
  • Foundation: Piling
  • Full Bathrooms: 1
  • Interior Amenities: 9' Ceilings, All Window Treatments

Exterior Features

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

Garage/Parking

  • Parking: Parking Lot, Paved, Reserved, Off Street, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Forced Air, Heat Pump
  • 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, Water
  • Condo Type: Attached
  • Association Amenities: Clubhouse, Gated Community, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 6860

Lot Info

  • Lot Description: Bulkheaded, Water Frontage
  • Deed Book: 2093

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2018
  • Taxes: 1369.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2024
Sold by
Buie James D and Buie Estelita
Bought by
Hunters Ridge Llc
Current Estimated Value
$339,350

Purchase Details

Listed on
Feb 14, 2019
Closed on
May 22, 2019
Sold by
Hoggard Allyson M
Bought by
Buie James D and Buie Estelita
Seller's Agent
Wade Perry
Default, Office
Buyer's Agent
Anthony Chirico
Pirates Cove Realty
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.41%
Original Mortgage
$153,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2016
Closed on
Apr 29, 2016
Sold by
Holcomb Russell C and Holcomb Lisa A
Bought by
Hoggard Allyson M
Seller's Agent
Tammy Johnson
Island Life Realty
Buyer's Agent
Keith Baer
Outer Banks Realty Solutions
List Price
$158,000
Sold Price
$151,350
Premium/Discount to List
-$6,650
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%
Original Mortgage
$109,500
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 30, 2012
Closed on
Jun 15, 2015
Sold by
Henry Kenneth W and Henry Barbara J
Bought by
Holcomb Russell C and Holcomb Lisa A
Seller's Agent
Suzanne Baer
Outer Banks Realty Solutions
Buyer's Agent
Johanna Holcomb
Coldwell Banker Seaside Realty KH
List Price
$175,000
Sold Price
$140,000
Premium/Discount to List
-$35,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
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
Hunters Ridge Llc $375,000 None Listed On Document
Hunters Ridge Llc $375,000 None Listed On Document
Buie James D $170,000 --
Hoggard Allyson M $151,500 None Available
Holcomb Russell C $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buie James D $153,000
Previous Owner Hoggard Allyson M $109,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2019 05/24/19 Sold $170,000 -5.5% $222 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
02/14/2019 02/14/19 For Sale $179,900 +18.9% $235 / Sq Ft
05/13/2016 05/13/16 Sold $151,350 -4.2% $189 / Sq Ft View Prior Sale
03/19/2016 03/19/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $158,000 +12.9% $198 / Sq Ft
06/18/2015 06/18/15 Sold $140,000 -20.0% $175 / Sq Ft View Prior Sale
05/29/2015 05/29/15 Pending -- -- --
11/30/2012 11/30/12 For Sale $175,000 -- $219 / 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 $1,320 $172,600 $75,000 $97,600
2023 $1,317 $176,504 $75,000 $101,504
2022 $1,317 $176,504 $75,000 $101,504
2021 $1,320 $176,504 $75,000 $101,504
2020 $1,317 $176,504 $75,000 $101,504
2019 $1,369 $163,000 $72,000 $91,000
2018 $0 $163,000 $72,000 $91,000
2017 $1,369 $163,000 $72,000 $91,000
2016 $1,340 $163,000 $72,000 $91,000
2014 $1,324 $163,000 $72,000 $91,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 103703

Outer Banks Association of REALTORS®

APN: 025694262