NOT LISTED FOR SALE

224 Pirates Way Unit 224 Manteo, NC 27954

Estimated Value: $473,516 - $610,000

3 Beds
2.5 Baths
1,448 Sq Ft
$374/Sq Ft Est. Value

Last Sold June 28, 2015

Last sale price $230,000 $159 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $3,546/month

19 Days on Market

Highlights

  • Tennis Courts
  • Gated Community
  • Clubhouse
  • Above Ground Pool
  • Home fronts a canal
  • Contemporary Architecture

About This Home

As of June 2015

Canalfront Condo in Pirate's Cove. Priced BELOW TAX VALUE, this 3BR, 2BA, Half Bath unit was designed with an open floorplan which includes an eat-on bar, ceramic tile floors, soaring ceilings in the living room, upscale furnishings, fireplace, sun deck, and upper level bedrooms. SOLD FURNISHED and NEVER RENTED, this 1,448 HSF condo includes a reserved parking space and proximity to community amenities. Located in the gated community of Pirate's Cove's Buccaneer Village, this condo's amenities include: tennis courts, swimming pool, marina, fitness center, homeowners' pool, clubhouse, playground, commons area and 4.2 miles of perimeter docking perfect for walking or fishing.

Last Agent to Sell the Property

Elizabeth Cloninger

Pirates Cove Realty License #270965 Listed on: 04/30/2015

Pirates Cove Realty

Last Buyer's Agent

Richard Tolson

RT Realty OBX, LLC License #119826

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,055

Year Built

  • Built in 1989

Lot Details

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

HOA Fees

  • $538 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

  • 1,448 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Canal Views
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Paved Parking
  • Parking Lot
  • Reserved Parking

Outdoor Features

  • Above Ground Pool
  • Tennis Courts
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling 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
  • Carol Funk Association, Phone Number (252) 473-6800
  • Pc Buccaneer Vill Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Boardwalk
  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,055

Year Built

Built in 1989

Lot Details

0

HOA Fees

$538 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Extras: Ceiling Fan(s), Landscaped, Lawn Sprinklers, Outdoor Tennis, Outside Lighting, Smoke Detector(s)
  • Flood Zone: AE
  • Subdivision Name: Buccaneer Village
  • Headline: SPECTACULAR UNIT
  • Heated Sq Ft: 1448
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Canalfront
  • Zoning: res
  • Deed Book Pg Number: 0439
  • Major Subdivision: Pirates Cove
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer
  • Bedrooms: 3
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Wood Fireplace
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Parking Lot, Paved, Reserved

Utilities

  • Cooling: Central
  • 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, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 6460
  • Hoa Contact: Carol Funk
  • HOA Contact: 252-473-6800

Lot Info

  • Lot Description: Bulkheaded, Water Frontage
  • Deed Book: 1522

Rental Info

  • Lease Terms: Weekly
  • Rental Phone Number: 252-473-6800

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2014
  • Taxes: 2054.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2015
Closed on
Jun 26, 2015
Sold by
Connor Thomas E and Connor Karen A
Bought by
Lombardo Alexander A and Lombardo Dolores
Seller's Agent
Elizabeth Cloninger
Pirates Cove Realty
Buyer's Agent
Richard Tolson
RT Realty OBX, LLC
List Price
$245,000
Sold Price
$230,000
Premium/Discount to List
-$15,000
-6.12%
Current Estimated Value
$541,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,129
Avg. Annual Appreciation
8.65%

Purchase Details

Closed on
Sep 17, 2007
Sold by
Wilson Brian D and Wilson Eileen J
Bought by
Connor Thomas E and Connor Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.41%
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
Lombardo Alexander A $230,000 None Available
Connor Thomas E $435,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Connor Thomas E $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2015 06/28/15 Sold $230,000 -6.1% $159 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $245,000 -- $169 / 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 $1,666 $223,300 $75,000 $148,300
2023 $1,666 $223,300 $75,000 $148,300
2022 $1,666 $223,300 $75,000 $148,300
2021 $1,666 $223,300 $75,000 $148,300
2020 $1,666 $223,300 $75,000 $148,300
2019 $2,123 $252,700 $105,000 $147,700
2018 $2,123 $252,700 $105,000 $147,700
2017 $2,123 $252,700 $105,000 $147,700
2016 $2,022 $252,700 $105,000 $147,700
2014 $2,055 $252,700 $105,000 $147,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 87875

Outer Banks Association of REALTORS®

APN: 025694280