$310,000
SOLD AUG 15, 2025

123 Pirates Way Unit 123A Manteo, NC 27954

1 Bed
1 Bath
751 Sq Ft
1989 Built

Recently Sold

$413 Per Sq Ft

10% Below List Price

216 Days on Market

About This Home

As of August 2025

Welcome to Pirate’s Cove, where coastal living meets convenience! This tastefully furnished 1-bedroom condo with a bonus bunk area and sleeper sofa comfortably sleeps six, making it an incredible investment opportunity. Featuring an updated kitchen and an airy, open design, this fully furnished condo is completely turn-key—ready to rent and start generating income immediately!

Relax on the screened-in back porch with stunning canal views, or take advantage of your private 25-foot canal boat slip—perfect for fishing enthusiasts and boat lovers alike! Pirate’s Cove is an amenity-rich community offering tennis courts, pickleball courts, pools, a playground, and a restaurant just steps away. Whether you’re hitting the water, lounging by the pool, or exploring nearby beaches, this condo is your gateway to the ultimate coastal lifestyle. This property is two minutes from the ocean and two minutes from the charming downtown Manteo. It is tucked away in the perfect location close to everything but away from the busy summer crowds.

Don’t miss this chance to own a piece of paradise with unbeatable rental potential!

Last Agent to Sell the Property

Dever Clevinger

NextHome Tidewater Realty License #311976 Listed on: 12/17/2024

Last Buyer's Agent

Michael Siers

Howard Hanna Outer Banks Realt License #269494

Howard Hanna Outer Banks Realt

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,303

Year Built

  • Built in 1989

Lot Details

  • Home fronts a canal

Home Design

  • 751 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • Pc Pirates Cove Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,303

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Headline: Beautiful Condo
  • Zoning: R-5
  • PropertySubType: Condominium
  • PropertyType: Residential
  • Ownership: Owned More than 12 Months
  • MLS Status: (21) Sold - Sold CO OP by Member
  • Subdivision Name: PC-Pirates Cove
  • Condo_Type: Attached
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Pool: No
  • Waterfront Features: Canal Front

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1302.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2024
Closed on
Aug 1, 2025
Sold by
Meador Melissa and Meador John
Bought by
Atkins Leonard Leroy and Atkins Susan Lynn
Seller's Agent
Dever Clevinger
NextHome Tidewater Realty
Buyer's Agent
Michael Siers
Howard Hanna Outer Banks Realt
List Price
$345,000
Sold Price
$310,000
Premium/Discount to List
-$35,000
-10.14%
Views
148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.78%

Purchase Details

Listed on
Sep 11, 2019
Closed on
Dec 5, 2019
Sold by
Koenig John E and Koenig Dawn L
Bought by
Meador Melissa M
Seller's Agent
Rhonda Midgett
Wave Realty
Buyer's Agent
Desmond Steyn
Outer Banks Realty Group
List Price
$175,000
Sold Price
$173,000
Premium/Discount to List
-$2,000
-1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%
Original Mortgage
$129,750
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $310,000 None Listed On Document
Warranty Deed $173,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $129,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Sold $310,000 -10.1% $413 / Sq Ft
07/21/2025 07/21/25 Pending -- -- --
07/12/2025 07/12/25 For Sale $345,000 0.0% $459 / Sq Ft
06/26/2025 06/26/25 Pending -- -- --
06/23/2025 06/23/25 For Sale $345,000 0.0% $459 / Sq Ft
05/31/2025 05/31/25 Off Market $345,000 -- --
05/17/2025 05/17/25 For Sale $345,000 0.0% $459 / Sq Ft
05/06/2025 05/06/25 Off Market $345,000 -- --
05/01/2025 05/01/25 Price Changed $345,000 0.0% $459 / Sq Ft
05/01/2025 05/01/25 For Sale $345,000 -1.4% $459 / Sq Ft
04/28/2025 04/28/25 Off Market $350,000 -- --
03/18/2025 03/18/25 Price Changed $350,000 -1.4% $466 / Sq Ft
02/03/2025 02/03/25 Price Changed $355,000 -2.7% $473 / Sq Ft
12/17/2024 12/17/24 For Sale $365,000 +111.0% $486 / Sq Ft
12/05/2019 12/05/19 Sold $173,000 -1.1% $230 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $175,000 -- $233 / 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 $1,303 $174,600 $75,000 $99,600
2023 $1,303 $174,600 $75,000 $99,600
2022 $1,332 $178,584 $75,000 $103,584
2021 $1,335 $178,584 $75,000 $103,584
2020 $1,332 $178,584 $75,000 $103,584
2019 $2,041 $179,300 $89,300 $90,000
2018 $1,255 $179,300 $89,300 $90,000
2017 $1,506 $179,300 $89,300 $90,000
2016 $1,434 $179,300 $89,300 $90,000
2014 $1,416 $179,300 $89,300 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 127726

Outer Banks Association of REALTORS®

APN: 025694265