NOT LISTED FOR SALE

27 Hammock Dr Manteo, NC 27954

Estimated Value: $1,155,000 - $1,232,000

4 Beds
3.5 Baths
3,380 Sq Ft
$353/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $694,995 $206 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $7,188/month

16 Days on Market

Highlights

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

About This Home

As of October 2020

This waterfront gem located in the heart of world renowned fishing and boating community Pirate's Cove is a perfect getaway for anyone who loves the coastal lifestyle; boating, fishing, sunsets, beach, Pirate's Cove exclusive amenities - the list goes on! This home sits perched atop one of the most ELEVATED canalfront lots and offers tremendous sweeping sunset/water VIEWS, 3 large master bedrooms with private baths and covered & uncovered deck access, great closet/storage space, spacious and open living/kitchen/dining areas, cozy covered outdoor dining space, a finished first level that serves as a great entertainment area/game room/additional sleeping area, and a deepwater 55 FT BOAT DOCK right in the back yard! Enjoy the convenience and exclusivity of the gated neighborhood of Pirate's Cove and being just a short boat ride to Oregon Inlet for world class sportfishing or a ~9 minute drive to Jennette's Fishing Pier and Beach Access. The home has been METICULOUSLY maintained and never rented! The owners have added many improvements over the years including an expanded lower level deck, constructed roof over back deck, the addition of a bulkhead, a tackle room/workroom off one of the garages, and an enlarged master bedroom suite and sunroom. CUSTOM back-lit cabinetry in the living room, CUSTOM back-lit maple cabinetry along the wet bar, BRAZILIAN GRANITE, and beautiful HARDWOOD on the main midlevel are just a few of the luxurious touches that set this home apart. Midlevel HVAC new in 2016 and upper level HVAC new in 2014, exterior painted in 2016. Full list of approx. $180K WORTH OF IMPROVEMENTS available. Pirate's Coves famed Blue Water Grill is located at the community entrance and provides a great, easily accessible dining experience and will even cook your own catch! After a day on the water, or for those who don't like the water, take advantage of access to the great amenities in the Pirate's Cove neighborhood including nearby swimming pools, tennis courts, clubhouse, fitness center, playground, and marina! Pre-sale NC Home Inspection on file and available upon request.

Last Agent to Sell the Property

Four Seasons Realty

Four Seasons Realty License #177785 Listed on: 08/07/2020

Co-Listed By

Max Konstanzer

Four Seasons Realty License #290410

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785 Listed on: 08/07/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,324

Year Built

  • Built in 2002

Lot Details

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

HOA Fees

  • $142 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,380 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Workshop
  • Canal Views
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Private Dock
  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 27

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
  • P Cove Association
  • Pc Hammock Village Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,324

Year Built

Built in 2002

Lot Details

0

HOA Fees

$142 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Directions: Through guard gate, left on Spinnaker, left at the circle on Hammock Dr and house will be on the left
  • Extras: Ceiling Fan(s), Covered Decks, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Boat Dock
  • Flood Zone: AE
  • Headline: 55 ft BOAT DOCK, Move in Ready
  • Heated Sq Ft: 3380
  • L V T Date: 08/08/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Canalfront
  • Zoning: Res
  • Deed Book Pg Number: 112
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Pirates Cove
  • Newpoint Media: Yes
  • Office License Number: C14915
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Wine Cooler
  • Bedrooms: 4
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Tile, Hardwood
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Pantry, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Workshop
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Canal, Salt Marsh

Garage/Parking

  • Garage: 2 Car
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Boat Dock, Clubhouse, Gated Community, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 1700
  • Hoa Contact: P cove
  • HOA Contact: P cove
  • Home Owner Dwelling Insurance: 3423

Lot Info

  • Lot Description: Bulkheaded, Water Frontage
  • Lot Number: Lot 27
  • Deed Book: 1790

Rental Info

  • Flood Expenses: 751

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2019
  • Taxes: 5323.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Oct 6, 2020
Sold by
Inchaustegui Roberto D and Inchaustegui Sandra D
Bought by
Strum David Brian and Strum Rebecca Adkins
Seller's Agent
Four Seasons Realty
Four Seasons Realty
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$699,000
Sold Price
$694,995
Premium/Discount to List
-$4,005
-0.57%
Current Estimated Value
$1,192,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,985
Avg. Annual Appreciation
11.66%

Purchase Details

Closed on
Jan 20, 2009
Sold by
Gearing James V and Gearing Shannon L
Bought by
Inchaustegui Roberto D and Inchaustegui Sandra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2006
Sold by
Petty Charles D and Petty Helen Van Cleef
Bought by
Gearing James and Gearing Shannon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.31%
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
Strum David Brian $695,000 None Available
Inchaustegui Roberto D $637,500 None Available
Gearing James $745,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Inchaustegui Roberto D $400,000
Previous Owner Gearing James $100,000
Previous Owner Gearing James $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $694,995 -0.6% $206 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $699,000 -- $207 / 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 $6,698 $697,200 $205,600 $491,600
2023 $6,562 $879,631 $205,600 $674,031
2022 $5,330 $714,427 $205,600 $508,827
2021 $5,342 $714,427 $205,600 $508,827
2020 $5,334 $714,960 $205,600 $509,360
2019 $5,324 $615,500 $229,400 $386,100
2018 $5,329 $615,500 $229,400 $386,100
2017 $5,170 $615,500 $229,400 $386,100
2016 $4,924 $615,500 $229,400 $386,100
2014 $4,862 $615,500 $229,400 $386,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110484

Outer Banks Association of REALTORS®

APN: 025694227