$173,000
SOLD DEC 5, 2019

123 Pirates Way Unit 123A Manteo, NC 27954

1 Bed
1 Bath
751 Sq Ft
1989 Built

Recently Sold

$230 Per Sq Ft

1% Below List Price

20 Days on Market

Highlights

  • Health Club
  • Outdoor Pool
  • Home fronts a canal
  • Tennis Courts
  • Gated Community
  • Clubhouse

About This Home

As of December 2019

This isn't your ordinary condo! Used by the owners as a second home, this unit is immaculate and has been totally renovated. SOLD FURNISHED with decor reflecting the beach cottage look. Kitchen features high-end wood look porcelain floors, upgraded kitchen cabinets with soft drawers, Corian counter tops with designer glass back splash and a custom made glass cabinet. Bathroom upgraded with Travertine tile in tub area and floor and solid Travertine vanity top. There is crown molding throughout for that finishing touch. Screened deck allows for extended living space and has Polywood deck furniture for the durability of beach living. A 25' boat slip directly behind the unit transfers to qualified buyer. This 1.5 BR, 1 BA is move in ready and is perfect for investment property or second home. A storage closet is located under the unit. Located in the gated community of Pirates Cove, amenities include, swimming pools, tennis courts, fitness center, world class marina, on-site restaurant with Tiki bar and 4 miles of lighted docks to enjoy day and night.

Last Agent to Sell the Property

Rhonda Midgett

Wave Realty License #198962 Listed on: 09/11/2019

Last Buyer's Agent

Desmond Steyn

Outer Banks Realty Group License #300167

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,041

Year Built

  • Built in 1989

Lot Details

  • Home fronts a canal

HOA Fees

  • $572 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Property Attached
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 751 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Screened Porch
  • Canal Views
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Corian Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Pool
  • Tennis Courts
  • Covered Deck
  • Exterior Lighting
  • Storage Shed

Utilities

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

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, flood insurance, grounds maintenance, management, pool, security, sewer/septic, walkways
  • Pc Buccaneer Vill Subdivision

Recreation

  • Community Boardwalk
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,041

Year Built

Built in 1989

Lot Details

0

HOA Fees

$572 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Extras: Ceiling Fan(s), Covered Decks, Outdoor Tennis, Outside Lighting, Screened Porch, Storage Shed
  • Flood Zone: AE
  • Heated Sq Ft: 751
  • L V T Date: 09/11/2019
  • Roads: Paved
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Canalfront
  • Zoning: res
  • Deed Book Pg Number: 0010
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Pirates Cove
  • Newpoint Media: Yes
  • Office License Number: C14200
  • 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
  • Countertops: Corian
  • Floor Coverings: Carpet, Ceramic Tile, Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Interior Amenities: Ensuite

Exterior Features

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

Garage/Parking

  • Parking: Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Security, Sewer/Septic, Walkways
  • Condo Type: Attached
  • Association Amenities: Clubhouse, Gated Community, Health Club, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 6860

Lot Info

  • Deed Book: 1639

Rental Info

  • Est Annual Rental Income: 28116
  • Estimated Rental Performance: 0.1625

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2019
  • Taxes: 2041.07

Ownership History

Date Name Owned For Owner Type

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
13.15%
Original Mortgage
$129,750
Outstanding Balance
$116,128
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$227,214
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 Type Sale Price Title Company
Warranty Deed $173,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $129,750 New Conventional
Previous Owner $176,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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: 106479

Outer Banks Association of REALTORS®

APN: 025694265