NOT LISTED FOR SALE

503 Cypress Ln Unit E Manteo, NC 27954

Estimated Value: $332,000 - $482,629

3 Beds
3 Baths
1,716 Sq Ft
$227/Sq Ft Est. Value

Last Sold June 06, 2015

Last sale price $165,000 $96 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $2,412/month

11 Days on Market

Highlights

  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Landscaped

About This Home

As of June 2015

Gorgeous, upscale END UNIT condominium located in the neighborhood community of Cypress Cove. Over 1,700 Heated Square feet, this spacious condominium has upper and lower levels giving privacy to occupants. Interior features include tall ceilings, an open floorplan, NEW CARPET, stainless appliances, eat-on bar, Kohler fixtures and a private end balcony. Designed with 3BR, 3BA, this condo has beautiful detailing in the wood trim and plenty of natural light from multiple windows. This property is only minutes from the downtown waterfront, local businesses and area attractions. Perfect for a starter home, investment property or place on the Outer Banks.

Last Agent to Sell the Property

Elizabeth Cloninger

Pirates Cove Realty License #270965 Listed on: 05/06/2015

Pirates Cove Realty

Last Buyer's Agent

Tammy Johnson

Island Life Realty License #278552

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,295

Year Built

  • Built in 2007

Lot Details

  • Property fronts a private road
  • Landscaped

HOA Fees

  • $208 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Property Attached
  • Entry on the 2nd floor
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 1,716 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Parking Lot

Outdoor Features

  • Exterior Lighting

Utilities

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

Community Details

  • Association fees include building maintenance, common electric, common insurance, flood insurance, grounds maintenance, management, road maintenance, walkways
  • Cypress Cove Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,295

Year Built

Built in 2007

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: HWY 64 into Manteo. Located in Cypress Cove Community. Condos located above commercial businesses on right when entering community.
  • Extras: Ceiling Fan(s), Landscaped, Outside Lighting, Smoke Detector(s)
  • Flood Zone: AE
  • Subdivision Name: Cypress Cove Commons
  • Headline: END UNIT CONDO!
  • Heated Sq Ft: 1716
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 2
  • Zoning: res
  • Deed Book Pg Number: 0333
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Foundation: Slab
  • Full Bathrooms: 3

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Parking Lot, Paved

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, Road Maintenance, Walkways
  • Condo Type: Attached
  • Association Fee: Yes
  • Estimated Annual Fee: 2500

Lot Info

  • Deed Book: 1862

Rental Info

  • Est Annual Rental Income: 15300
  • Estimated Rental Performance: 0.0927
  • Lease Terms: 1 Year
  • Rental Co: Managed by Homeowner

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2014
  • Taxes: 1294.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2018
Sold by
Bates Robcert B and Bates Doris N
Bought by
Bates Rhonda J
Current Estimated Value
$389,907

Purchase Details

Listed on
May 6, 2015
Closed on
Jun 1, 2015
Sold by
Cypress Cove Ii Llc
Bought by
Bates Robert B and Bates Doris N
Seller's Agent
Elizabeth Cloninger
Pirates Cove Realty
Buyer's Agent
Tammy Johnson
Island Life Realty
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%

Purchase Details

Closed on
Mar 30, 2011
Sold by
Cypress Cove Partners Llc
Bought by
Cypress Cove Ii Llc
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
Bates Rhonda J -- --
Bates Robert B -- None Available
Cypress Cove Ii Llc $825,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2015 06/06/15 Sold $165,000 0.0% $96 / Sq Ft
05/17/2015 05/17/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $165,000 -- $96 / 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 $1,638 $219,600 $32,500 $187,100
2023 $1,694 $227,084 $32,500 $194,584
2022 $1,694 $227,084 $32,500 $194,584
2021 $1,638 $219,600 $32,500 $187,100
2020 $1,638 $219,600 $32,500 $187,100
2019 $1,377 $163,900 $45,000 $118,900
2018 $0 $163,900 $45,000 $118,900
2017 $1,377 $163,900 $45,000 $118,900
2016 $1,311 $163,900 $45,000 $118,900
2014 $1,295 $163,900 $45,000 $118,900
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Cloninger

    Seller's Agent in 2015

    Elizabeth Cloninger

    Pirates Cove Realty

    (252) 305-2951

    189 Total Sales

    Elizabeth Cloninger
    Section Image
  • Tammy Johnson

    Buyer's Agent in 2015

    Tammy Johnson

    Island Life Realty

    (252) 256-0150

    84 Total Sales

    Tammy Johnson
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 88009

Outer Banks Association of REALTORS®

APN: 025709041

North Carolina Dare County Manteo 27954

503 Cypress Ln Unit E, Manteo, NC

This home is located at 503 Cypress Ln Unit E, Manteo, NC 27954 since 06 May 2015 and is currently estimated at $389,907, approximately $227 per square foot. This property was built in 2007. 503 Cypress Ln Unit E 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.

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