NOT LISTED FOR SALE

511 Cypress Ln Manteo, NC 27954

Estimated Value: $632,882 - $695,000

3 Beds
2.5 Baths
2,266 Sq Ft
$291/Sq Ft Est. Value

Last Sold July 15, 2018

Last sale price $372,500 $164 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,902/month

48 Days on Market

Highlights

  • Guest House
  • Craftsman Architecture
  • Marble Countertops
  • Second Refrigerator
  • Wood Flooring
  • Attic

About This Home

As of July 2018

Custom-built home with detached one-car garage and apartment. Built in 2015, this 3BR, 2.5BA home was designed with an open floorplan, 9FT ceilings, galley kitchen with eat-on bar, private office, upstairs bedrooms and lower level utility room. Over 1,850 square feet and sold partially furnished, interior features include custom cabinetry, hardwood floors, ceramic tile, granite counter tops, stainless appliances, ceramic tile backsplash, crown molding, gas fireplace with rock surround, custom plantation shutters, master bath with dual vanities, ceramic tile surround and glass shower door. The detached one-car garage includes a 416 HSF one-bedroom apartment (sold furnished) with full kitchen, separate bedroom and bath. Interior apartment features include 9FT ceilings, custom cabinets, stainless appliances, granite counter tops and stackable washer/dryer. This immaculate property is only two years since construction with landscaped yard and irrigation system and is located within the 32 home-site community of Cypress Cove. Cypress Cove is only minutes from downtown Manteo, area attractions and the OBX beaches.

Last Agent to Sell the Property

Elizabeth Cloninger

Pirates Cove Realty License #270965 Listed on: 04/18/2018

Pirates Cove Realty

Last Buyer's Agent

Pam Kelley

Default, Office License #278284

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,796

Year Built

  • Built in 2015

Lot Details

  • 6,000 Sq Ft Lot
  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $144 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 2,266 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Utility Room
  • Stacked Washer and Dryer
  • Attic

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Marble Countertops
  • Granite Countertops
  • Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Garage Door Opener

Additional Homes

  • Guest House

Utilities

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

Listing and Financial Details

  • Tax Lot 2

Community Details

Overview

  • Association fees include common insurance, grounds maintenance, management, road maintenance
  • Signature Touch Association
  • Cypress Cove Subdivision

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,796

Year Built

Built in 2015

Lot Details

0

HOA Fees

$144 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Craftsman
  • Directions: North onto old hwy 64 into Manteo, Cypress Cove Subdivision on left. Left onto Cypress Lane. #511 on right.
  • Extras: Ceiling Fan(s), Garage Door Opener, Landscaped, Lawn Sprinklers, Smoke Detector(s), Storm Doors
  • Flood Zone: AE
  • Headline: Custom-built with Garage Apt.
  • Heated Sq Ft: 2266
  • L V T Date: 04/18/2018
  • Primary Residence: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 0689
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • 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: Detached

Interior Features

  • Appliances: Compactor, Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 3
  • Countertops: Granite, Marble
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Short Pilings
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Attic, Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Walk in Closet, Washer Connection
  • Optional Rooms: Office, Utility Room, Guest House
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: 1 Car, Detached
  • Parking: Paved

Utilities

  • Cooling: Central, Zoned
  • Heating: Central, Electric, Forced Air
  • Fuel Tanks: Leased
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Grounds Maintenance, Management, Road Maintenance
  • Association Amenities: Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1725
  • Hoa Contact: Signature Touch
  • Home Owner Dwelling Insurance: 249

Lot Info

  • Estimated Lot Sq Ft: 6000
  • Lot Description: Level
  • Lot Number: Lot 2
  • Estimated Lot Size: 0.14
  • Deed Book: 2020

Rental Info

  • Flood Expenses: 500
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 2100
  • Annual Water Expense: 900

Building Info

  • Year Built: 2015

Tax Info

  • Year: 2017
  • Taxes: 2796.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2018
Closed on
Jul 13, 2018
Sold by
Cloninger Elizabeth L
Bought by
Taylor Michael T and Taylor Leslie E
Seller's Agent
Elizabeth Cloninger
Pirates Cove Realty
Buyer's Agent
Pam Kelley
Default, Office
List Price
$375,000
Sold Price
$372,500
Premium/Discount to List
-$2,500
-0.67%
Current Estimated Value
$659,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,721
Avg. Annual Appreciation
8.61%
Original Mortgage
$297,500
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 1, 2014
Sold by
Berry Greyson David
Bought by
Gamiel Elizabeth C

Purchase Details

Closed on
Jan 29, 2013
Sold by
Cypress Cove Llc
Bought by
Berry Greyson David
Source: Public Records

Range of Values:

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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
Taylor Michael T $372,500 --
Gamiel Elizabeth C -- Attorney
Berry Greyson David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Michael T $316,450
Closed Taylor Michael T $297,500
Previous Owner Gamiel Elizabeth C $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2018 07/15/18 Sold $372,500 -0.7% $164 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $375,000 -- $165 / 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 $2,942 $394,400 $92,800 $301,600
2023 $2,942 $394,400 $92,800 $301,600
2022 $2,942 $394,400 $92,800 $301,600
2021 $2,942 $394,400 $92,800 $301,600
2020 $2,942 $394,400 $92,800 $301,600
2019 $2,796 $332,900 $79,000 $253,900
2018 $0 $332,900 $79,000 $253,900
2017 $2,796 $332,900 $79,000 $253,900
2016 $2,062 $257,700 $79,000 $178,700
2014 $62 $79,000 $79,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 100132

Outer Banks Association of REALTORS®

APN: 025709002