NOT LISTED FOR SALE

117 Old Nc Highway 345 Unit 303 Manteo, NC 27954

Estimated Value: $252,000 - $320,000

2 Beds
2 Baths
948 Sq Ft
$315/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $137,000 $145 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,907/month

41 Days on Market

Highlights

  • Views of a Sound
  • Cathedral Ceiling
  • En-Suite Primary Bedroom
  • Home fronts a sound
  • Covered Deck
  • Forced Air Heating System

About This Home

As of May 2017

Why rent when you can own for less then the average rental! Great for a couple just getting started or someone looking for an affordable second home on the Outer Banks. This is a well maintained, top floor, 2 bedroom 2 bath unit with a priceless view of the Roanoke Sound. The unit is only 10 minutes from Jennett's Pier and close to Down Town Manteo.

Last Agent to Sell the Property

Larry Hansen

Lawrence Hansen, Broker License #218695 Listed on: 02/12/2017

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

  • $993

Year Built

  • Built in 1985

Lot Details

  • Home fronts a sound
  • Property fronts a private road

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Property Attached
  • Entry on the 3rd floor

Interior Spaces

  • 948 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Views of a Sound
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Covered Deck

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, grounds maintenance, management, road maintenance, sewer/septic, taxes, water
  • Roanoke Shores Condo Subdivision

Amenities

  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$993

Year Built

Built in 1985

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: In Manteo, take Business Highway 64 north approximately 3 miles. Just before reaching Fort Raleigh Old NC 345 is on the right. Make the right and the OBX Shriner's Club will be directly in front of you. There is a sign Roanoke Shores Condos. Take the road towards the sound and you come to the condos.
  • Extras: Ceiling Fan(s), Covered Decks, Smoke Detector(s)
  • Headline: Well maintained top floor unit
  • Heated Sq Ft: 948
  • L V T Date: 02/14/2017
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 3
  • Waterfront Location: Soundfront
  • Zoning: Residentia
  • Deed Book Pg Number: 0287
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Floor Coverings: Carpet, Wood Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection

Exterior Features

  • View: Sound

Garage/Parking

  • Parking: Parking Lot, Paved, Off Street

Utilities

  • Cooling: Heat Pump
  • Heating: Forced Air, Heat Pump
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Grounds Maintenance, Management, Road Maintenance, Sewer/Septic, Taxes, Water
  • Condo Type: Attached
  • Association Amenities: Boat Dock, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3000

Lot Info

  • Lot Description: Bulkheaded, Water Frontage
  • Deed Book: 1614

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2016
  • Taxes: 993.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2017
Closed on
May 5, 2017
Sold by
Sabadic Michael J and Sabadic Carolyn G
Bought by
Postlewait Kathy
Seller's Agent
Larry Hansen
Lawrence Hansen, Broker
Buyer's Agent
Sydney Jenkins
Keller Williams - Outer Banks
List Price
$144,000
Sold Price
$137,000
Premium/Discount to List
-$7,000
-4.86%
Current Estimated Value
$298,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,478
Avg. Annual Appreciation
9.62%

Purchase Details

Closed on
Feb 2, 2005
Sold by
Meads Blair Austin
Bought by
Sabadic Michael J and Sabadic Carolyn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,250
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
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
Postlewait Kathy -- None Available
Postlewait Kathy -- None Available
Sabadic Michael J $215,000 None Available
Sabadic Michael J $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sabadic Michael J $32,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2017 05/05/17 Sold $137,000 -4.9% $145 / Sq Ft
03/25/2017 03/25/17 Pending -- -- --
02/12/2017 02/12/17 For Sale $144,000 -- $152 / 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
2025 $1,104 $290,600 $60,000 $230,600
2024 $656 $158,200 $60,000 $98,200
2023 $866 $158,200 $60,000 $98,200
2022 $850 $158,200 $60,000 $98,200
2021 $834 $158,200 $60,000 $98,200
2020 $832 $158,200 $60,000 $98,200
2019 $1,062 $172,300 $80,000 $92,300
2018 $1,062 $172,300 $80,000 $92,300
2017 $1,062 $172,300 $80,000 $92,300
2016 $993 $172,300 $80,000 $92,300
2014 $993 $172,300 $80,000 $92,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 95194

Outer Banks Association of REALTORS®

APN: 025007017