NOT LISTED FOR SALE

325 Pirates Way Unit 325 Manteo, NC 27954

Estimated Value: $434,000 - $598,000

3 Beds
2.5 Baths
1,448 Sq Ft
$371/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $478,500 $330 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,687/month

4 Days on Market

Highlights

  • Health Club
  • Gated Community
  • Home fronts a canal
  • In Ground Pool
  • Pond View
  • Clubhouse

About This Home

As of February 2022

RENOVATED, CANALFRONT condo in prestigious Pirate's Cove neighborhood SOLD FURNISHED. Nestled behind the guard gate, this 3BR/2.5BA condo boasts a spacious two story design, vaulted living room ceiling, completely remodeled kitchen and baths, new appliances, LVT flooring, interior paint, new HVAC 2020, and furnishings in 2017. Enjoy reserved, covered parking, a ground level storage closet, and a 25' dock assignment directly behind the condo transferable to qualifying buyer. Pirate's Cove is a gated, world class boating community, with an abundance of amenities including two pools, a restaurant, tennis courts, picnic pavilion, fitness center, and over 4 miles of community boardwalks.

Last Agent to Sell the Property

Tyler Reber

Howard Hanna Outer Banks Realt License #275374 Listed on: 12/24/2021

Howard Hanna Outer Banks Realt

Last Buyer's Agent

Melanie Day

Landmark Sotheby's Internation License #219374

Landmark Sotheby's Internation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,664

Year Built

  • Built in 1989

Lot Details

  • Home fronts a canal
  • Property fronts a private road

HOA Fees

  • $697 Monthly HOA Fees

Property Views

  • Pond
  • Canal

Home Design

  • Property Attached
  • Entry on the 2nd floor
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,448 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Off-Street Parking
  • Reserved Parking

Pool

  • In Ground Pool

Utilities

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

Community Details

Overview

  • Association fees include building maintenance, common insurance, flood insurance, grounds maintenance, pool, road maintenance, security, sewer/septic, tennis courts, water, walkways
  • Renee Parrish Association
  • Pc Buccaneer Vill Subdivision

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,664

Year Built

Built in 1989

Lot Details

0

HOA Fees

$697 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: Past guard gate, third building on the right. Reserved parking is numbered, second space from left. Use far left stairs.
  • Extras: Ceiling Fan(s)
  • Headline: Remodeled Canalfront Condo
  • Heated Sq Ft: 1448
  • L V T Date: 12/24/2021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 2
  • Waterfront Location: Canalfront
  • Zoning: Res-Cndo
  • Deed Book Pg Number: 50
  • 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

  • Bedrooms: 3
  • Floor Coverings: Carpet, Tile, Vinyl, Plank
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s)
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Reserved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Insurance, Flood Insurance, Grounds Maintenance, Pool, Road Maintenance, Security, Sewer/Septic, Tennis Courts, Water, Walkways
  • Condo Type: Attached
  • Association Amenities: Boat Dock, Clubhouse, Gated Community, Health Club, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 8360
  • Hoa Contact: Renee Parrish
  • HOA Contact: rparrish@pirates-cove.com
  • Home Owner Dwelling Insurance: 550

Lot Info

  • Lot Description: Water Frontage
  • Deed Book: 2181

Rental Info

  • Est Annual Rental Income: 26337
  • Estimated Rental Performance: 0.055
  • Annual Electric: 500

Building Info

  • Year Built: 1989

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2021
  • Taxes: 1663.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2021
Closed on
Feb 11, 2022
Sold by
Cannon Beverly B and Cannon Richard D
Bought by
Fulton Kristina R
Seller's Agent
Tyler Reber
Howard Hanna Outer Banks Realt
Buyer's Agent
Melanie Day
Landmark Sotheby's Internation
List Price
$485,000
Sold Price
$478,500
Premium/Discount to List
-$6,500
-1.34%
Current Estimated Value
$537,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,201
Avg. Annual Appreciation
3.22%
Original Mortgage
$406,725
Outstanding Balance
$377,721
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$159,980

Purchase Details

Closed on
Jul 14, 2017
Sold by
Monds Joseph C
Bought by
Cannon Beverly B and Cannon Richard D
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
Fulton Kristina R $2,871,000 Sharp Graham Baker & Varnell L
Cannon Beverly B $459,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fulton Kristina R $406,725
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2022 02/11/22 Sold $478,500 -1.3% $330 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
12/26/2021 12/26/21 For Sale $485,000 0.0% $335 / Sq Ft
12/24/2021 12/24/21 Pending -- -- --
12/24/2021 12/24/21 For Sale $485,000 -- $335 / 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 $1,664 $223,000 $75,000 $148,000
2023 $1,664 $223,000 $75,000 $148,000
2022 $1,664 $223,000 $75,000 $148,000
2021 $1,664 $223,000 $75,000 $148,000
2020 $1,664 $223,000 $75,000 $148,000
2019 $2,120 $252,400 $105,000 $147,400
2018 $2,120 $252,400 $105,000 $147,400
2017 $2,120 $252,400 $105,000 $147,400
2016 $2,019 $252,400 $105,000 $147,400
2014 $1,994 $252,400 $105,000 $147,400
Source: Public Records

Agents Affiliated with this Home

  • Tyler Reber

    Seller's Agent in 2022

    Tyler Reber

    Howard Hanna Outer Banks Realt

    (252) 573-8601

    25 Total Sales

    Tyler Reber
    Section Image
  • Melanie Day

    Buyer's Agent in 2022

    Melanie Day

    Landmark Sotheby's Internation

    (252) 207-6138

    225 Total Sales

    Melanie Day
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117121

Outer Banks Association of REALTORS®

APN: 025694293

North Carolina Dare County Manteo 27954

325 Pirates Way Unit 325, Manteo, NC

This home is located at 325 Pirates Way Unit 325, Manteo, NC 27954 since 24 December 2021 and is currently estimated at $537,701, approximately $371 per square foot. This property was built in 1989. 325 Pirates Way Unit 325 is a home located in Dare County with nearby schools including Manteo Elementary School, Manteo Middle School, and Manteo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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