NOT LISTED FOR SALE

515 Cypress Ln Manteo, NC 27954

Estimated Value: $568,440 - $1,204,000

2 Beds
2.5 Baths
1,326 Sq Ft
$573/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $565,500 $426 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,449/month

38 Days on Market

About This Home

As of October 2023

TWO FOR ONE! This beautiful coastal home is located on Roanoke Island within blocks of the Croatan Sound, historic Downtown Manteo, and a short distance from Cape Hatteras National Seashore. Enjoy the nearby ocean beaches and spectacular beauty of sunrise and sunset over the salt marshes. The property offers 1326 sq ft. in the main house (Bldg. #1) and an additional 416 sq ft. in the fully finished Coastal Carriage House (Bldg. #2) for a total of 1742 sq ft. A great opportunity for added rental income. The main house first floor features an open kitchen/dining/living room plan. The lower-level master en suite with full bath has access to large screened in porch. Gorgeous hickory floors and crown molding throughout. Kitchen has granite counter tops, Italian farmhouse sink, GE double oven, gas range, dishwasher, and refrigerator. Living room offers lots of natural light provided by the 9ft ceilings, transom windows, and gas fireplace. Second floor features an additional master suite with beautifully tiled shower, soaker tub, Kohler sink, Moen faucet/fixtures, walk in closet and large private deck with incredible views from every direction. Top level features a loft area that can be used for office space or sitting area. Upper-level laundry with GE washer/dryer and large walk in attic storage area. You will love the coastal carriage house with a private entrance located over the detached garage. This fully finished space features full kitchen with GE appliances; refrigerator, range/oven, and dishwasher, laminate wood flooring, beadboard finishes, washer/dryer hookup, and separate 3rd bedroom with full bath.

Last Agent to Sell the Property

Michael Siers

Howard Hanna Outer Banks Realt License #269494 Listed on: 08/09/2023

Howard Hanna Outer Banks Realt

Co-Listed By

Stacy Siers

Howard Hanna Outer Banks Realt License #253800

Last Buyer's Agent

Elizabeth Cloninger

Pirates Cove Realty License #270965

Pirates Cove Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,947

Year Built

  • Built in 2013

Lot Details

  • 6,000 Sq Ft Lot
  • Property is zoned R-5

HOA Fees

  • $173 Monthly HOA Fees

Home Design

  • 1,326 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Fuel Tank

Community Details

  • Signature Touch Association, Phone Number (252) 441-8857
  • Built by Lee Tugwell
  • Cypress Cove Subdivision

Listing and Financial Details

  • Tax Lot lot#4

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,947

Year Built

Built in 2013

Lot Details

0

HOA Fees

$173 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: Take 64 North into Manteo. 1st left past Dunkin Donuts onto Cypress Lane. Home will down on the right.
  • Headline: Coastal Cottage w/ Guest House
  • Heated Sq Ft: 1326
  • L V T Date: 08/09/2023
  • Primary Residence: Yes
  • Sale/Rent: For Sale
  • Zoning: R-5
  • Deed Book Pg Number: 0158
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C32879
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Lee Tugwell

Utilities

  • Fuel Tanks: Leased

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 2076
  • Hoa Contact: Signature Touch
  • HOA Contact: 252-441-8857, Kathryn Ben

Lot Info

  • Estimated Lot Sq Ft: 6000
  • Lot Number: lot#4
  • Estimated Lot Size: 0.14
  • Deed Book: 2482

Building Info

  • Year Built: 2013

Tax Info

  • Year: 2023
  • Taxes: 2947.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Oct 19, 2023
Sold by
Shelley Jeanine M
Bought by
Pb & J Property Investments Llc
Seller's Agent
Michael Siers
Howard Hanna Outer Banks Realt
Buyer's Agent
Elizabeth Cloninger
Pirates Cove Realty
List Price
$695,000
Sold Price
$565,500
Premium/Discount to List
-$129,500
-18.63%
Views
517
Current Estimated Value
$760,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,610
Avg. Annual Appreciation
16.29%

Purchase Details

Closed on
Mar 18, 2021
Sold by
Shelley-Ellman Jeanine and Shelley Jeanine
Bought by
Shelley-Ellman Jeanine and Shelley Joan M

Purchase Details

Closed on
Mar 16, 2021
Sold by
Shelley Joan M and Shelley Ellman Jeanine
Bought by
Shelley Ellman Jeanine and Shelley Joan M

Purchase Details

Listed on
Dec 17, 2015
Closed on
Apr 22, 2016
Sold by
Hannant Cheryl
Bought by
Shelley Joan M and Shelley Ellman Jeanine
Seller's Agent
Jessica Evans
Coastal Carolina Vacations
Buyer's Agent
Michael Siers
Howard Hanna Outer Banks Realt
List Price
$329,500
Sold Price
$320,000
Premium/Discount to List
-$9,500
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%

Purchase Details

Closed on
Apr 15, 2011
Sold by
Cypress Cove Llc
Bought by
Hannant Cheryl
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pb & J Property Investments Llc $3,393,000 None Listed On Document
Pb & J Property Investments Llc $3,393,000 None Listed On Document
Shelley-Ellman Jeanine -- None Listed On Document
Shelley Ellman Jeanine -- None Available
Shelley Joan M $320,000 None Available
Hannant Cheryl $45,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2023 10/31/23 Sold $565,500 -10.2% $426 / Sq Ft
09/16/2023 09/16/23 Pending -- -- --
08/25/2023 08/25/23 Price Changed $629,500 -3.0% $475 / Sq Ft
08/18/2023 08/18/23 Price Changed $649,000 -6.6% $489 / Sq Ft
08/09/2023 08/09/23 For Sale $695,000 +117.2% $524 / Sq Ft
04/22/2016 04/22/16 Sold $320,000 -2.9% $184 / Sq Ft View Prior Sale
03/06/2016 03/06/16 Pending -- -- --
12/17/2015 12/17/15 For Sale $329,500 -- $189 / 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 $2,947 $395,100 $92,800 $302,300
2023 $2,947 $395,100 $92,800 $302,300
2022 $2,947 $395,100 $92,800 $302,300
2021 $2,947 $395,100 $92,800 $302,300
2020 $2,609 $395,100 $92,800 $302,300
2019 $2,609 $310,600 $79,000 $231,600
2018 $0 $310,600 $79,000 $231,600
2017 $2,609 $310,600 $79,000 $231,600
2016 $2,485 $310,600 $79,000 $231,600
2014 $2,454 $310,600 $79,000 $231,600
Source: Public Records

Agents Affiliated with this Home

  • Michael Siers

    Seller's Agent in 2023

    Michael Siers

    Howard Hanna Outer Banks Realt

    (252) 489-3861

    201 Total Sales

    Michael Siers
    Section Image
  • Stacy Siers

    Seller Co-Listing Agent in 2023

    Stacy Siers

    Howard Hanna Outer Banks Realt

    (252) 489-9451

    157 Total Sales

    Stacy Siers
    Section Image
  • Elizabeth Cloninger

    Buyer's Agent in 2023

    Elizabeth Cloninger

    Pirates Cove Realty

    (252) 305-2951

    189 Total Sales

    Elizabeth Cloninger
    Section Image

  • J

    Seller's Agent in 2016

    Jessica Evans

    Coastal Carolina Vacations

    (252) 305-0629

    52 Total Sales

    Jessica Evans
    Section Image
  • Ashley Massey

    Seller Co-Listing Agent in 2016

    Ashley Massey

    Landmark Sotheby's Internation

    (252) 202-4874

    55 Total Sales

    Ashley Massey
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 123082

Outer Banks Association of REALTORS®

APN: 025709004

North Carolina Dare County Manteo 27954

515 Cypress Ln, Manteo, NC

This home is located at 515 Cypress Ln, Manteo, NC 27954 since 09 August 2023 and is currently estimated at $760,110, approximately $573 per square foot. This property was built in 2013. 515 Cypress Ln 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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