NOT LISTED FOR SALE

216 Pirates Way Unit 216 Manteo, NC 27954

Estimated Value: $322,000 - $513,000

1 Bed
1 Bath
773 Sq Ft
$492/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $349,000 $451 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,820/month

Highlights

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

About This Home

As of April 2022

End Unit condo with reserved parking! Designed with an open floorplan, this 1.5BR, 1BA first-floor condo has excellent location value with close proximity to the community swimming pool, clubhouse and tennis courts. SOLD FURNISHED, this rental property or second home includes a wood burning fireplace, kitchen with eat-on bar and additional loft area perfect for bunk beds or office. Updates include new interior paint, new granite countertops, new master bedroom furniture and new kitchen table, and new kitchen and bathroom sinks. Relax on the covered deck that overlooks the canal which offers boaters easy sound access and overlooks the 25FT boat dock (Slip 18) assigned by the HOA. Located in the gated community of Pirate's Cove, additional amenities include a homeowners' swimming pool, fitness center, commons area, playground, on-site restaurant, world-class fishing marina and miles of perimeter docking perfect for fishing or walking. New HVAC 2019, New sliding door 2020, Water Heater 2018, New storm door, New dishwasher, and New washer/dryer. Property being professionally measured 3/22/2022; square footage is based on Dare County tax records. Photos to be posted 3/24/2022.

Last Agent to Sell the Property

Elizabeth Cloninger

Pirates Cove Realty License #270965 Listed on: 03/21/2022

Pirates Cove Realty

Last Buyer's Agent

Laura Mascia

Pirates Cove Realty License #296169

Pirates Cove Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,265

Year Built

  • Built in 1989

Lot Details

  • Home fronts a canal
  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $697 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Property Attached
  • Entry on the 1st floor
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 773 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Loft
  • Canal Views

Kitchen

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

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Paved Parking
  • Parking Lot
  • Reserved Parking

Outdoor Features

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump 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, sewer/septic, tennis courts, water, walkways
  • Renee Parrish Association, Phone Number (252) 473-6800
  • Pc Buccaneer Vill Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,265

Year Built

Built in 1989

Lot Details

0

HOA Fees

$697 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: Straight through guard gate. Second building on the right
  • Extras: Ceiling Fan(s), Covered Decks, Landscaped, Lawn Sprinklers, Outdoor Tennis, Outside Lighting, Patio, Smoke Detector(s), Storage Shed, Storm Doors
  • Flood Zone: AE
  • Headline: End Unit with Reserved Parking
  • Heated Sq Ft: 773
  • L V T Date: 03/21/2022
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Canalfront
  • Zoning: res
  • Deed Book Pg Number: 778
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Pirates Cove
  • Newpoint Media: Yes
  • Office License Number: C20146
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 1
  • Countertops: Granite
  • Floor Coverings: Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Wood Fireplace
  • Optional Rooms: Loft

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Parking Lot, Paved, Reserved

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Electric, Forced Air
  • 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, Sewer/Septic, Tennis Courts, Water, Walkways
  • Condo Type: Attached
  • Association Amenities: Clubhouse, Gated Community, Health Club, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 8360
  • Hoa Contact: Renee Parrish
  • HOA Contact: 252-473-6800

Lot Info

  • Lot Description: Level, Water Frontage
  • Deed Book: 2199

Rental Info

  • Rental Co: Pirates Cove Realty
  • Rental Contact Email: reservations@pirates-cove.com
  • Rental Contact Name: Sarah Winters
  • Rental Contact Phone: 252-473-6800

Building Info

  • Year Built: 1989

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2021
  • Taxes: 1265.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2017
Closed on
Oct 20, 2017
Sold by
Marks Klaus P and Marks Edith R
Bought by
Simmers Stephen B and Simmers Jennifer M
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Frankie Brown
Pirates Cove Realty
List Price
$169,000
Sold Price
$147,500
Premium/Discount to List
-$21,500
-12.72%
Current Estimated Value
$380,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,122
Avg. Annual Appreciation
12.65%
Original Mortgage
$118,000
Outstanding Balance
$64,144
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$316,478
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
Simmers Stephen B $147,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmers Stephen B $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $349,000 0.0% $451 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $349,000 +136.6% $451 / Sq Ft
10/20/2017 10/20/17 Sold $147,500 -1.0% $203 / Sq Ft View Prior Sale
09/18/2017 09/18/17 Pending -- -- --
09/13/2017 09/13/17 Price Changed $149,000 -11.8% $206 / Sq Ft
04/20/2017 04/20/17 For Sale $169,000 -- $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 $1,265 $169,600 $75,000 $94,600
2023 $1,265 $169,600 $75,000 $94,600
2022 $1,293 $169,600 $75,000 $94,600
2021 $1,296 $173,384 $75,000 $98,384
2020 $1,293 $173,384 $75,000 $98,384
2019 $1,408 $163,100 $72,000 $91,100
2018 $1,370 $163,100 $72,000 $91,100
2017 $1,408 $163,100 $72,000 $91,100
2016 $1,341 $163,100 $72,000 $91,100
2014 $1,324 $163,100 $72,000 $91,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 118097

Outer Banks Association of REALTORS®

APN: 025694276