Seller's Agent in 2023
Elizabeth Cloninger
Pirates Cove Realty
(252) 305-2951
187 Total Sales
51 Hammock Dr Manteo, NC 27954
Estimated Value: $1,008,000 - $1,118,000
4
Beds
3.5
Baths
3,014
Sq Ft
$352/Sq Ft
Est. Value
Highlights
- Private Dock
- Gated Community
- Clubhouse
- Outdoor Pool
- Home fronts a canal
- Contemporary Architecture
About This Home
As of April 2023Canalfront with 55FT Boat Dock! Located in the Hammock subdivision of Pirate's Cove, this 4BR, 3.5BA home was designed with a reverse floor plan with soaring ceilings, roomy kitchen with eat-on bar, stainless appliances, dining area, ship's watch, separate sitting area with half-bath, mid-level master suite with RENOVATED bathroom, three guest rooms and spacious bi-level decks overlooking the 55FT boat dock assigned by the HOA. Sold furnished, interior features include NEW interior and exterior paint, NEW plumbing fixtures, NEW hardware, NEW hot water heater, gas fireplace with tile surround, red oak hardwood and ceramic tile floors, granite countertops, ceramic tile backsplash and custom plantation shutters. Only steps from the assigned boat dock and sound access, exterior features include an outdoor shower, fishing cleaning station, and expanded storage closet with golf-cart garage. Located in the gated community of Pirate's Cove, amenities include: two swimming pools, tennis courts, fitness center, clubhouse, playground, world-class fishing center, on-site restaurant and miles of perimeter docking perfect for walking or fishing. See List of Improvements/Features in associated documents. Gas fireplace has never been used and seller has no opinion of its function. Rental projection on file.
Last Agent to Sell the Property
Pirates Cove Realty License #270965 Listed on: 02/26/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,336
Year Built
- Built in 1989
Lot Details
- 0.25 Acre Lot
- Home fronts a canal
- Property fronts a private road
- Landscaped
- Property is zoned R-5
HOA Fees
- $192 Monthly HOA Fees
Parking
- Paved Parking
Home Design
- Contemporary Architecture
- Frame Construction
- Asphalt Shingled Roof
- Piling Construction
Interior Spaces
- 3,014 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Entrance Foyer
- Canal Views
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Wine Cooler
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Pool
- Outdoor Pool
- Outdoor Shower
Outdoor Features
- Sun Deck
- Private Dock
- Covered Deck
Utilities
- Zoned Heating and Cooling
- Municipal Utilities District for Water and Sewer
Listing and Financial Details
- Tax Lot 51
Community Details
Overview
- Association fees include common electric, common insurance, management, pool, road maintenance, security, tennis courts, walkways
- Pchoaadmin@Pirates Cove.Com Association, Phone Number (252) 473-6800
- Pc Hammock Village Subdivision
Recreation
- Tennis Courts
- Community Playground
- Community Pool
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2023
Closed on
Apr 14, 2023
Sold by
Phelps James A and Phelps Nancy F
Bought by
Edwards Gregory W
Seller's Agent
Elizabeth Cloninger
Pirates Cove Realty
Buyer's Agent
Tammy Johnson
Island Life Realty
List Price
$1,150,000
Sold Price
$950,000
Premium/Discount to List
-$200,000
-17.39%
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,633
Avg. Annual Appreciation
4.54%
Original Mortgage
$850,000
Outstanding Balance
$829,757
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$231,876
Purchase Details
Closed on
Feb 22, 2012
Sold by
Espich William A and Espich Jimmie P
Bought by
Phelps James A and Phelps Nancy F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,875
Interest Rate
3.37%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Edwards Gregory W | $4,750,000 | None Listed On Document | |
| Phelps James A | $554,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Edwards Gregory W | $850,000 | |
| Previous Owner | Phelps James A | $415,875 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/17/2023 04/17/23 | Sold | $950,000 | -17.4% | $315 / Sq Ft |
| 03/08/2023 03/08/23 | Pending | -- | -- | -- |
| 02/26/2023 02/26/23 | For Sale | $1,150,000 | -- | $382 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $5,387 | $1,043,700 | $346,900 | $696,800 |
| 2024 | $4,337 | $581,300 | $199,100 | $382,200 |
| 2023 | $2,328 | $581,300 | $199,100 | $382,200 |
| 2022 | $4,451 | $596,588 | $199,100 | $397,488 |
| 2021 | $4,451 | $596,588 | $199,100 | $397,488 |
| 2020 | $4,451 | $596,588 | $199,100 | $397,488 |
| 2019 | $4,993 | $501,300 | $222,000 | $279,300 |
| 2018 | $5,014 | $501,300 | $222,000 | $279,300 |
| 2017 | $5,298 | $531,200 | $222,000 | $309,200 |
| 2016 | $5,067 | $531,200 | $222,000 | $309,200 |
| 2014 | $5,162 | $531,200 | $222,000 | $309,200 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Cloninger
-
Tammy Johnson
Buyer's Agent in 2023
Tammy Johnson
Island Life Realty
(252) 256-0150
83 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 121542
APN: 025694251
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