NOT LISTED FOR SALE

132 Pirates Way Unit 132A Manteo, NC 27954

Estimated Value: $312,000 - $322,000

1 Bed
1 Bath
737 Sq Ft
$463/mo HOA Fee

Last Sold February 25, 2013

Last sale price $64,260 $87 Per Sq Ft

Est. 392% increase in value since last sale

Current estimated payment $2,230/month

277 Days on Market

Highlights

  • Gated Community
  • Furnished
  • Tennis Courts
  • Home fronts a canal
  • Community Pool
  • Wood Siding

About This Home

As of February 2013

Value Priced, Top Floor Condo in Pirates Cove. One Bedroom with Alcove, Canal Front with nice views from this Third Floor location. Move in and Enjoy or would make a great Vacation Rental producing income for your benefit. One covered parking space assigned. *This property is now under auction terms. Pre-sale offers should be submitted through www.hudsonandmarshall.com. This property is subject to a 5% buyer's premium pursuant to the Auction Terms & Conditions. Please contact the listing agent for commission and details, as commissions may change between the pre-sale and auction periods. This is a reserve auction and all offers are subject to seller approval. Please contact listing agent for details. Note: Commission paid at escrow on this property is 1% of the high bid, with a $400 minimum to the cooperating broker. There is not a set minimum or starting bid on this property.*

Last Agent to Sell the Property

Michael Davenport

Sun Realty - KDH License #82882 Listed on: 04/16/2012

Co-Listed By

LeAnne Wiggins

Sun Realty - KDH License #182819

Last Buyer's Agent

Marty Griffin

Coldwell Banker Seaside Realty KH License #199715

Coldwell Banker Seaside Realty KH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,139

Year Built

  • Built in 1989

Lot Details

  • Home fronts a canal

HOA Fees

  • $463 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 737 Sq Ft Home
  • Furnished
  • Canal Views
  • Plumbed For Ice Maker
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • REO, home is currently bank or lender owned

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, grounds maintenance, management, tennis courts, walkways
  • Sharon Aldridge Association
  • Pc Buccaneer Vill Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,139

Year Built

Built in 1989

Lot Details

0

HOA Fees

$463 per month

Listing Details

  • Class: RESIDENTIAL
  • Bank Owned: Yes
  • Subdivision Name: Pirates Cove Buccaneer Village
  • Headline: One Bedroom Pirates Cove
  • Heated Sq Ft: 737
  • Roads: Paved
  • Sale/Rent: For Sale
  • Unit Level Number: 3
  • Waterfront Location: Canalfront
  • Zoning: Res
  • Deed Book Pg Number: 0138
  • Major Subdivision: Pirates Cove
  • Special Features: 20
  • Property Sub Type: Condos

Interior Features

  • Bedrooms: 1
  • Floor Coverings: Carpet, Vinyl
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Ice Maker Connection, Washer Connection

Exterior Features

  • Exterior: Lap Siding, Wood
  • View: Canal

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Grounds Maintenance, Management, Tennis Courts, Walkways
  • Association Amenities: Gated Community, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 5550
  • Hoa Contact: Sharon Aldridge
  • HOA Contact: 473-6800

Lot Info

  • Lot Description: Water Frontage
  • Deed Book: 1888

Rental Info

  • Other Expenses: 133000

Building Info

  • Year Built: 1989

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 1139.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2012
Closed on
Jan 28, 2013
Sold by
Fannie Mae
Bought by
Dunn Thomas S
Seller's Agent
Michael Davenport
Sun Realty - KDH
Buyer's Agent
Marty Griffin
Coldwell Banker Seaside Realty KH
List Price
$173,900
Sold Price
$64,260
Premium/Discount to List
-$109,640
-63.05%
Current Estimated Value
$316,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,003
Avg. Annual Appreciation
13.43%
Original Mortgage
$41,769
Outstanding Balance
$28,459
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$287,804

Purchase Details

Closed on
Jan 18, 2012
Sold by
Dwyer Shawn M and Gutierrez Lisa M
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Dec 2, 2011
Sold by
Dwyer Shawn M and Dwyer Jennifer H
Bought by
Pirates Cove Homeowners Association Inc

Purchase Details

Closed on
Jun 2, 2010
Sold by
Gutierrez Lisa M
Bought by
Dwyer Shawn M and Dwyer Jennifer H

Purchase Details

Closed on
Apr 14, 2008
Sold by
Gutierrez Lisa M and Josey Curtis F
Bought by
Dwyer Shawn M and Dwyer Jennifer H

Purchase Details

Closed on
Feb 1, 2006
Sold by
Saunders Christian B and Saunders Lori B
Bought by
Dwyer Shawn M and Dwyer Jennifer H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,050
Interest Rate
6.08%
Mortgage Type
New Conventional
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
Dunn Thomas S -- None Available
Federal National Mortgage Association $129,200 None Available
Pirates Cove Homeowners Association Inc $13,442 None Available
Dwyer Shawn M -- None Available
Dwyer Shawn M -- None Available
Dwyer Shawn M $227,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunn Thomas S $41,769
Previous Owner Dwyer Shawn M $34,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2013 02/25/13 Sold $64,260 -63.0% $87 / Sq Ft
01/18/2013 01/18/13 Pending -- -- --
04/16/2012 04/16/12 For Sale $173,900 -- $236 / 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 $1,077 $188,400 $95,000 $93,400
2023 $1,433 $192,136 $95,000 $97,136
2022 $1,433 $192,136 $95,000 $97,136
2021 $1,077 $192,136 $95,000 $97,136
2020 $1,433 $192,136 $95,000 $97,136
2019 $1,474 $171,000 $81,000 $90,000
2018 $1,478 $171,000 $81,000 $90,000
2017 $1,474 $171,000 $81,000 $90,000
2016 $1,404 $171,000 $81,000 $90,000
2014 $1,386 $171,000 $81,000 $90,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Davenport

    Seller's Agent in 2013

    Michael Davenport

    Sun Realty - KDH

    (252) 202-6113

    136 Total Sales

    Michael Davenport
    Section Image

  • L

    Seller Co-Listing Agent in 2013

    LeAnne Wiggins

    Sun Realty - KDH

    Section Image
  • Marty Griffin

    Buyer's Agent in 2013

    Marty Griffin

    Coldwell Banker Seaside Realty KH

    (252) 207-6448

    76 Total Sales

    Marty Griffin
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 74516

Outer Banks Association of REALTORS®

APN: 025694270

North Carolina Dare County Manteo 27954

132 Pirates Way Unit 132A, Manteo, NC

This home is located at 132 Pirates Way Unit 132A, Manteo, NC 27954 since 16 April 2012 and is currently estimated at $316,263, approximately $429 per square foot. This property was built in 1989. 132 Pirates Way Unit 132A is a home located in Dare County with nearby schools including Manteo Elementary School, Manteo Middle School, and Manteo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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