NOT LISTED FOR SALE

1503 Ballast Point Dr Unit 1503 Manteo, NC 27954

Estimated Value: $798,000 - $915,000

3 Beds
3 Baths
2,100 Sq Ft
$406/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $465,000 $221 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,597/month

44 Days on Market

Highlights

  • Private Dock
  • Health Club
  • Gated Community
  • Views of a Sound
  • Outdoor Pool
  • Home fronts a canal

About This Home

As of June 2019

Welcome to 1503 Ballast Point Drive. This pristine 3 bedroom, 3 bath home is situated on the crossroads of 4 canals in Ballast Point Villas. Incredible canal views, sound views and sunset views! Enter the tiled foyer and walk up to the first level of the home which features the open floor plan setting. Immediately, you are presented with brilliant sunlight and expansive canal views. The living area, kitchen and dining area are bright and open for family gatherings; capturing the essence of Outer Banks Living. The kitchen features stainless Kenmore appliances, under counter lighting, pantry, and tiled floor, Berber carpets round out the living and dining areas. Just off the living area is a large sun deck to capture your summer tan. A large bedroom and full bath complete the first floor. As you move to the second floor you will see the large West facing en-suite bedroom, bathed in sunlight and offering sound views. The large en-suite owner’s bedroom overlooks the expansive canal views with the Town of Manteo in the distance. It offers a huge walk-in closet, bath and sun-drenched balcony for those morning coffee sessions. Plenty of storage and workshop off the carport which easily houses cars, boats and the essential waterfront toys. A 30 foot boat slip is available for qualified boat owners. This home has never been rented, and the owners have used this property only 2 months a year since ownership. It shows like new! A rare opportunity to acquire this Ballast Point Villas Town-home. These units rarely come to market. Call today to see this premier property today!

Last Agent to Sell the Property

Michael Pringle

Coldwell Banker Seaside Realty KH License #259291 Listed on: 05/05/2019

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Anthony Chirico

Pirates Cove Realty License #287842

Pirates Cove Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,253

Year Built

  • Built in 2000

Lot Details

  • Home fronts a canal
  • Property fronts a private road
  • Landscaped

HOA Fees

  • $588 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Canal Views

Home Design

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

Interior Spaces

  • 2,100 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Workshop

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Off-Street Parking
  • Reserved Parking

Outdoor Features

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Water Filtration System
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, flood insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
  • Pc Ballast Pt Vlas Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Dock
  • Community Boardwalk
  • Health Club
  • Community Playground
  • Community Pool

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,253

Year Built

Built in 2000

Lot Details

0

HOA Fees

$588 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: Enter through Guard Gate, continue on Ballast Point Drive, first left after the canal bridge.
  • Extras: Ceiling Fan(s), Covered Decks, Landscaped, Sun Deck, Water Filter, Boat Dock, Inside Laundry Room
  • Flood Zone: AE
  • Subdivision Name: Ballast Point Villas
  • Headline: Pristine Unit-Stunning Sunsets
  • Heated Sq Ft: 2100
  • L V T Date: 05/05/2019
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Canalfront
  • Zoning: Residentia
  • Deed Book Pg Number: 0238
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Pirates Cove
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, Wine Cooler
  • Bedrooms: 3
  • Bedroom 1: 16 x 13
  • Bedroom 2: 13 x 14
  • Bedroom 3: 13 x 17
  • Kitchen: 8 x 11
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Gas Fireplace, Ensuite, Pantry, Walk in Closet
  • Dining Room: 12 x 11
  • Living Room: Open Plan
  • Optional Rooms: Foyer, Workshop

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: 15 x 15
  • View: Canal, Sound, Salt Marsh

Garage/Parking

  • Garage: Carport
  • Parking: Reserved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Boat Ramp, Boat Dock, Clubhouse, Gated Community, Health Club, Outdoor-Comm. Pool, Playground, Sound Access, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 7060

Lot Info

  • Lot Faces: W
  • Deed Book: 1377

Rental Info

  • Rental Contact Name: Never Rented!

Building Info

  • Year Built: 2000

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2018
  • Taxes: 3253.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2019
Closed on
Jun 27, 2019
Sold by
Mortenson Robert A and Mortenson Susan Y
Bought by
C P Ventures Lp
Seller's Agent
Michael Pringle
Coldwell Banker Seaside Realty KH
Buyer's Agent
Anthony Chirico
Pirates Cove Realty
List Price
$489,000
Sold Price
$465,000
Premium/Discount to List
-$24,000
-4.91%
Current Estimated Value
$853,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,365
Avg. Annual Appreciation
10.45%
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
C P Ventures Lp $465,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $465,000 -4.9% $221 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
05/05/2019 05/05/19 For Sale $489,000 -- $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 $3,551 $476,000 $130,000 $346,000
2023 $1,906 $476,000 $130,000 $346,000
2022 $3,551 $476,000 $130,000 $346,000
2021 $3,551 $476,000 $130,000 $346,000
2020 $3,551 $476,000 $130,000 $346,000
2019 $3,372 $387,300 $120,000 $267,300
2018 $3,358 $387,300 $120,000 $267,300
2017 $3,328 $387,300 $120,000 $267,300
2016 $3,165 $387,300 $120,000 $267,300
2014 $3,158 $387,300 $120,000 $267,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 105028

Outer Banks Association of REALTORS®

APN: 025694522