NOT LISTED FOR SALE

424 Pirates Way Unit 424 Manteo, NC 27954

Estimated Value: $331,000 - $348,000

1 Bed
1 Bath
751 Sq Ft
$453/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $163,500 $218 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,617/month

262 Days on Market

Highlights

  • Private Dock
  • Outdoor Pool
  • Pond View
  • Health Club
  • Gated Community
  • Home fronts a canal

About This Home

As of July 2020

This Gorgeous 1.5 bedroom and 1 full bath one level condo has recently been UPDATED and is being SOLD FURNISHED - Turnkey. NEW PAINT and CARPET, NEW Stainless Steel appliances, light fixtures, crown molding, updated Bathroom and beautifully designed tile backsplash in the Kitchen. 424 Pirates Way has all the amenities of home and a beautiful view from the covered deck. A 30ft Boat slip assignment can transfer to qualified new owner. Plenty of room for your guests with the built in bunkbeds. A perfect opportunity for investment buyer, Second home getaway or Primary Residence. Kick back and relax by the fireplace or outside on the covered patio. Or, fuel up your boat at Pirates Cove full service marina and take off for the blue water for a day of fishing. NOTE: WATER AND SEWER INCLUDED IN HOA DUES!! Pirates Cove is a gated community and only a 5 minute drive to the nearest Nags Head Beach access with many amenities such as 2 pools, tennis courts, clubhouse, fitness center, playground, and 4 miles of dockage to enjoy the views of the sound, or the views of the world class fishing boats. Bring your Golf cart and cruise around Pirates Cove or walk over to the Ships Store, Enjoy a drink at MiMis Tiki Hut or a quiet Dinner at Blue Water Raw Bar and Grill, all located inside Prates Cove.

Last Agent to Sell the Property

Christie Baer

Pirates Cove Realty License #313248 Listed on: 09/12/2019

Pirates Cove Realty

Co-Listed By

Suzanne Baer

Outer Banks Realty Solutions License #205159

Last Buyer's Agent

Chris Keyser

Keller Williams - Outer Banks License #295416

Keller Williams - Outer Banks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,583

Year Built

  • Built in 1989

Lot Details

  • Home fronts a canal
  • Property fronts a private road
  • Lot includes common area
  • Landscaped

HOA Fees

  • $630 Monthly HOA Fees

Property Views

  • Pond
  • Canal

Home Design

  • Contemporary Architecture
  • Property Attached
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 751 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Paved Parking
  • Parking Lot
  • Off-Street Parking
  • Secure Parking

Outdoor Features

  • Outdoor Pool
  • Private Dock
  • Covered Deck
  • Patio
  • Exterior Lighting
  • Storage Shed

Utilities

  • Central Air
  • 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
  • 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

$1,583

Year Built

Built in 1989

Lot Details

0

HOA Fees

$630 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: Nags Head/ Manteo Causeway. Over bridge. Turn R into PC to security. Contact Agent for entry into Pirates Cove.
  • Extras: Ceiling Fan(s), Covered Decks, Landscaped, Outside Lighting, Patio, Smoke Detector(s), Storage Shed, Boat Dock, Inside Laundry Room
  • Flood Zone: AE
  • Subdivision Name: Pirates Cove
  • Headline: Beautiful Location
  • Heated Sq Ft: 751
  • L V T Date: 09/16/2019
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 2
  • Waterfront Location: Canalfront
  • Zoning: res
  • Deed Book Pg Number: 0435
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Pirates Cove
  • Newpoint Media: Yes
  • Office License Number: C15136
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Parking: Parking Lot, Paved, Security, Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Electric, 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, 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, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 7560
  • Hoa Contact: Renee Parrish
  • Home Owner Dwelling Insurance: 579

Lot Info

  • Lot Description: Adj. To Common Area, Bulkheaded, Water Frontage
  • Deed Book: 2129

Rental Info

  • Lease Terms: Weekly
  • Annual Cable TV Expense: 1181
  • Annual Electric: 1000
  • Annual Telephone Expense: 284

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2018
  • Taxes: 1583

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Jul 15, 2020
Sold by
Hull Cletus L and Hull Bridget K
Bought by
Treu Cristen Honeycutt and Treu Justin Bradley
Seller's Agent
Christie Baer
Pirates Cove Realty
Buyer's Agent
Chris Keyser
Keller Williams - Outer Banks
List Price
$169,500
Sold Price
$163,500
Premium/Discount to List
-$6,000
-3.54%
Current Estimated Value
$339,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,117
Avg. Annual Appreciation
15.53%
Original Mortgage
$118,500
Outstanding Balance
$106,242
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$233,738

Purchase Details

Listed on
May 5, 2016
Closed on
Nov 1, 2016
Sold by
Kevin W Singletary
Bought by
Hull Cletus and Hull Bridget
Seller's Agent
Anthony Chirico
Pirates Cove Realty
Buyer's Agent
Keith Baer
Outer Banks Realty Solutions
List Price
$159,000
Sold Price
$156,000
Premium/Discount to List
-$3,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.28%
Original Mortgage
$124,800
Interest Rate
3.47%

Purchase Details

Closed on
Feb 1, 2006
Sold by
Osborne Kendall G and Osborne Rebecca O
Bought by
Singletary Kevin W and Singletary Terenia A

Purchase Details

Closed on
Dec 30, 2004
Sold by
Watson Robert C and Watson Sharon F
Bought by
Osborne Kendall G and Osborne Rebecca O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,800
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Treu Cristen Honeycutt $163,500 None Available
Hull Cletus -- --
Singletary Kevin W $245,000 None Available
Osborne Kendall G $219,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Treu Cristen Honeycutt $118,500
Previous Owner Hull Cletus $124,800
Previous Owner Hull Cletus --
Previous Owner Hull Cletus L $124,800
Previous Owner Osborne Kendall G $174,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $163,500 -3.5% $218 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $169,500 0.0% $226 / Sq Ft
01/25/2020 01/25/20 Pending -- -- --
01/16/2020 01/16/20 Price Changed $169,500 -5.8% $226 / Sq Ft
11/01/2019 11/01/19 Price Changed $179,900 -1.2% $240 / Sq Ft
09/16/2019 09/16/19 Price Changed $182,000 +1.2% $242 / Sq Ft
09/12/2019 09/12/19 For Sale $179,900 +15.3% $240 / Sq Ft
11/01/2016 11/01/16 Sold $156,000 -1.9% $208 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $159,000 -- $212 / 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 $1,332 $174,600 $75,000 $99,600
2023 $1,335 $178,584 $75,000 $103,584
2022 $1,332 $178,584 $75,000 $103,584
2021 $1,335 $178,584 $75,000 $103,584
2020 $1,544 $174,600 $75,000 $99,600
2019 $1,544 $179,300 $89,300 $90,000
2018 $1,544 $179,300 $89,300 $90,000
2017 $1,544 $179,300 $89,300 $90,000
2016 $1,470 $179,300 $89,300 $90,000
2014 $1,452 $179,300 $89,300 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 106530

Outer Banks Association of REALTORS®

APN: 025694304