NOT LISTED FOR SALE

503 Cypress Ln Unit G Manteo, NC 27954

Estimated Value: $363,000 - $580,018

3 Beds
3 Baths
1,761 Sq Ft
$261/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $209,000 $119 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,680/month

7 Days on Market

Highlights

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

About This Home

As of September 2019

Gorgeous, upscale condominium located in the neighborhood community of Cypress Cove. Over 1,750 Heated Square feet, this spacious unit has upper and lower levels giving privacy to occupants. Interior features include tall ceilings, an open floorplan, stainless appliances, eat-on bar, Kohler fixtures and balcony. Designed with 3BR, 3BA, this condo has beautiful detailing in the wood trim and plenty of natural light. 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. Seller offering $5K flooring credit.

Last Agent to Sell the Property

Elizabeth Cloninger

Pirates Cove Realty License #270965 Listed on: 07/21/2019

Pirates Cove Realty

Last Buyer's Agent

Beth Twyne

Carolina Dunes Real Estate License #165778

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,209

Year Built

  • Built in 2007

Lot Details

  • Property fronts a private road
  • Landscaped

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 1,761 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 Ii, Llc Association, Phone Number (757) 478-8585
  • Cypress Cove Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,209

Year Built

Built in 2007

Lot Details

0

HOA Fees

$225 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: Great Location, Great Price!
  • Heated Sq Ft: 1761
  • L V T Date: 07/21/2019
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 2
  • Zoning: res
  • Deed Book Pg Number: 0333
  • Destination Commerce Corp: Yes
  • Office License Number: C20146
  • 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: 2700
  • Hoa Contact: Cypress Cove II, LLC
  • HOA Contact: 757-478-8585

Lot Info

  • Deed Book: 1862

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2018
  • Taxes: 1208.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2023
Sold by
Thompson Isaac F and Thompson Wendy
Bought by
Yager Realty Llc
Current Estimated Value
$420,773

Purchase Details

Listed on
Jul 21, 2019
Closed on
Sep 13, 2019
Sold by
Cypress Cove H Llc
Bought by
Biggs Jason T and Biggs Jessica V
Seller's Agent
Elizabeth Cloninger
Pirates Cove Realty
Buyer's Agent
Beth Twyne
Carolina Dunes Real Estate
List Price
$209,000
Sold Price
$209,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.37%

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
Yager Realty Llc -- None Listed On Document
Biggs Jason T -- --
Cypress Cove Ii Llc $825,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $209,000 0.0% $119 / Sq Ft
07/28/2019 07/28/19 Pending -- -- --
07/21/2019 07/21/19 For Sale $209,000 -- $119 / 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 $1,569 $210,300 $27,500 $182,800
2023 $1,569 $210,300 $27,500 $182,800
2022 $1,569 $210,300 $27,500 $182,800
2021 $1,569 $210,300 $27,500 $182,800
2020 $1,569 $210,300 $27,500 $182,800
2019 $1,269 $151,100 $35,000 $116,100
2018 $0 $151,100 $35,000 $116,100
2017 $1,269 $151,100 $35,000 $116,100
2016 $1,209 $151,100 $35,000 $116,100
2014 $1,194 $151,100 $35,000 $116,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 105901

Outer Banks Association of REALTORS®

APN: 025709043