NOT LISTED FOR SALE

15 Ballast Point Dr Manteo, NC 27954

Estimated Value: $1,912,000 - $2,148,000

5 Beds
5 Baths
4,989 Sq Ft
$410/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $1,100,000 $220 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $12,176/month

138 Days on Market

Highlights

  • Private Dock
  • Gated Community
  • Clubhouse
  • Outdoor Pool
  • Home fronts a canal
  • Contemporary Architecture

About This Home

As of July 2018

Spectacular Custom-Built Ballast Point Home. Constructed by Renaissance Construction, this 5BR, 3BA, 2 half-bath home features soaring ceilings, gorgeous sunset and water views, upscale furnishings and custom features. Over 4,900 HSF, the open floorplan includes a gourmet kitchen with eat-on bar and stainless appliances, living room with granite wall detail, dining room, entertainment area with wet bar, master suite that includes a sitting area, fireplace, private balcony, his/her walk-in closets and master bath with separate jet tub, walk-in glass block shower, and dual sinks with vanity. Additional features include an optional second master bedroom or den, three guest rooms with a jack-and-jill bath, upstairs laundry room and plenty of storage including a cedar-lined closet. NEVER RENTED and SOLD FURNISHED, this immaculate home includes: 10FT ceilings, custom plantation shutters on every level, 3 fireplaces, bi-level decks, 4 garages that accommodate up to five cars, a lower level work-shop, a multi-purpose room perfect for an office/recreation area, an elevator, custom cabinetry in baths/kitchen, granite countertops, ceramic tile and enclosed all-weather porch. Professionally decorated, updates include: new interior paint, new interior furnishings, new HVAC system, and a renovated bath. Located in the Ballast Point Subdivision, the BULKHEADED lot enjoys protection of the canal but has close proximity to full sound access and conveys a 35Ft BOAT DOCK located behind the property. Extras include an alarm system, speaker system, Rinnai hot water system, Le-Bleu water system, full house generator, water softener system, two electric and one gas fireplaces, and an instant hot water application. A lower level garage also includes a car lift (valued at $20K) and a golf cart that conveys.

Last Agent to Sell the Property

Elizabeth Cloninger

Pirates Cove Realty License #270965 Listed on: 01/21/2018

Pirates Cove Realty

Last Buyer's Agent

Richard Tolson

RT Realty OBX, LLC License #119826

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,913

Year Built

  • Built in 2003

Lot Details

  • Home fronts a canal
  • Property fronts a private road
  • Fenced Yard
  • Landscaped
  • Sprinkler System

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,989 Sq Ft Home
  • Elevator
  • Wet Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Workshop
  • Sun or Florida Room
  • Screened Porch
  • Utility Room
  • Canal Views
  • Home Security System

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Sun Deck
  • Private Dock
  • Covered Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Generator Hookup
  • Water Filtration System
  • Fuel Tank
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 15

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, road maintenance, security, walkways
  • Built by Renaissance Construction
  • Pc Pirates Cove Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,913

Year Built

Built in 2003

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: Enter Pirate's Cove, thru guard gate. Proceed on Pirate's Way onto Ballast Point Drive. #15 on left.
  • Extras: Covered Decks, Elevator, Fenced Yard, Garage Door Opener, Jet Tub, Landscaped, Lawn Sprinklers, Patio, Screened Porch, Security System, Sun Deck, Water Filter, Boat Dock, Generator Hookup, Dry Entry
  • Flood Zone: AE
  • Headline: Exquisite Waterfront Home
  • Heated Sq Ft: 4989
  • L V T Date: 01/21/2018
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Canalfront
  • Zoning: res
  • Deed Book Pg Number: 0096
  • Major Subdivision: Pirates Cove
  • Office License Number: C20146
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Disposal, Dishwasher, Dryer, Ice Machine, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, Wine Cooler
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Ceramic Tile, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Office, Sun/Florida Room, Utility Room, Workshop
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Renaissance Construction
  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Canal, Salt Marsh

Garage/Parking

  • Garage: 1 Car, 2 Car
  • Parking: Paved

Utilities

  • Cooling: Central
  • Heating: Electric, Forced Air, Zoned
  • Fuel Tanks: Owned
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Road Maintenance, Security, Walkways
  • Association Amenities: Boat Dock, Clubhouse, Gated Community, Outdoor-Comm. Tennis, Playground, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 3600
  • Home Owner Dwelling Insurance: 5171

Lot Info

  • Lot Description: Bulkheaded, Water Frontage
  • Lot Number: Lot 15
  • Deed Book: 1910

Rental Info

  • Est Annual Rental Income: 73207
  • Estimated Rental Performance: 0.0666
  • Flood Expenses: 787
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 3100
  • Annual Water Expense: 1667

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2017
  • Taxes: 8913.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2020
Sold by
Sadworx
Bought by
Bane Dave
Current Estimated Value
$2,045,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Outstanding Balance
$457,202
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,595,811

Purchase Details

Listed on
Jan 21, 2018
Closed on
Jul 9, 2018
Sold by
Bodner Theodore H and Bodner Diana M
Bought by
Sandworx Llc
Seller's Agent
Elizabeth Cloninger
Pirates Cove Realty
Buyer's Agent
Richard Tolson
RT Realty OBX, LLC
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%

Purchase Details

Listed on
Apr 3, 2012
Closed on
Jul 23, 2012
Sold by
Frazer James D and Frazer Margaret L
Bought by
Bodner Theodore H and Bodner Diana M
Seller's Agent
Sarah Brown
Keller Williams - Outer Banks
Buyer's Agent
Jane Ford
Ford Luxury Properties, LLC
List Price
$1,375,000
Sold Price
$1,240,000
Premium/Discount to List
-$135,000
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.99%
Source: Public Records

Range of Values:

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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
Bane Dave -- None Available
Sandworx Llc $1,100,000 --
Bodner Theodore H $1,240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bane Dave $510,400
Previous Owner Frazer James D $767,200
Previous Owner Frazer James D $764,000
Previous Owner Frazer James D $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2018 07/10/18 Sold $1,100,000 -4.3% $220 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
01/21/2018 01/21/18 For Sale $1,150,000 -7.3% $231 / Sq Ft
07/27/2012 07/27/12 Sold $1,240,000 -9.8% $182 / Sq Ft
07/13/2012 07/13/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $1,375,000 -- $202 / 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 $8,751 $1,173,100 $352,800 $820,300
2023 $8,751 $1,173,100 $352,800 $820,300
2022 $8,751 $1,173,100 $352,800 $820,300
2021 $8,751 $1,173,100 $352,800 $820,300
2020 $8,751 $1,173,100 $352,800 $820,300
2019 $8,913 $1,061,100 $339,600 $721,500
2018 $8,913 $1,061,100 $339,600 $721,500
2017 $8,913 $1,061,100 $339,600 $721,500
2016 $8,489 $1,061,100 $339,600 $721,500
2014 $8,383 $1,061,100 $339,600 $721,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 98951

Outer Banks Association of REALTORS®

APN: 025694372