NOT LISTED FOR SALE

521 Pirates Way Unit 521 Manteo, NC 27954

Estimated Value: $475,000 - $561,000

2 Beds
2 Baths
1,227 Sq Ft
$522/mo HOA Fee

Last Sold December 03, 2014

Last sale price $190,000 $155 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $3,464/month

400 Days on Market

Highlights

  • Private Dock
  • Gated Community
  • Clubhouse
  • Outdoor Pool
  • Home fronts a canal
  • Contemporary Architecture

About This Home

As of December 2014

Great Location, Spectacular Price. This 2BR, 2BA condo is an end unit with high ceilings, plenty of natural light, fireplace, and furnishings with a beach decor. Sold furnished, this condo includes a second level with guest room, full bath and a loft area perfect for an office or set of bunk beds. An additional perk is the 35FT boat dock which conveys with the property to a qualified boat owner. Additional updates include ceramic tile around fireplace, master bath floor and eat-in bar. This investment property is a favorite amongst renters and is aggressively priced to sell. Located in the gated community of Pirate's Cove, amenities include: swimming pool, clubhouse, tennis courts, fitness center, fishing marina, restaurant and miles of perimeter docks.

Last Agent to Sell the Property

Elizabeth Cloninger

Pirates Cove Realty License #270965 Listed on: 09/27/2013

Pirates Cove Realty

Last Buyer's Agent

Pam Kelley

Default, Office License #278284

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,767

Year Built

  • Built in 1990

Lot Details

  • Home fronts a canal
  • Property fronts a private road
  • Lot includes common area
  • Landscaped
  • Sprinkler System

HOA Fees

  • $522 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction
  • Masonry

Interior Spaces

  • 1,227 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Canal Views
  • Stacked Washer and Dryer

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Outdoor Pool
  • Private Dock
  • Covered Deck
  • Storage Shed

Utilities

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

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, flood insurance, grounds maintenance, management, pool, road maintenance, security, sewer/septic, tennis courts, water, walkways
  • Pc Buccaneer Vill Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,767

Year Built

Built in 1990

Lot Details

0

HOA Fees

$522 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: Turn in Pirate's Cove community, thru guard gate. Buccaneer Village on right, bldg. #5.
  • Extras: Ceiling Fan(s), Covered Decks, Landscaped, Lawn Sprinklers, Smoke Detector(s), Storage Shed, Boat Dock
  • Flood Zone: AE
  • Subdivision Name: Buccaneer Village
  • Headline: End Unit - Great Price
  • Heated Sq Ft: 1227
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Canalfront
  • Zoning: Res
  • Deed Book Pg Number: 0313
  • Major Subdivision: Pirates Cove
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer
  • Bedrooms: 2
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Washer Connection

Exterior Features

  • Construction: Frame, Masonry, Wood
  • Exterior: Lap Siding, Wood
  • Pool: Yes
  • Pool: Association
  • Roof: Asphalt/Fiber Shingle
  • View: Canal

Garage/Parking

  • Parking: Paved

Utilities

  • Cooling: Central
  • Heating: Electric, Forced Air
  • Oilgas Severed Pre Owner: No Representation
  • 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, Pool, Road Maintenance, Security, Sewer/Septic, Tennis Courts, Water, Walkways
  • Association Amenities: Boat Dock, Clubhouse, Gated Community, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 6260

Lot Info

  • Lot Description: Adj. To Common Area, Level, Water Frontage
  • Deed Book: 1653

Rental Info

  • Est Annual Rental Income: 11200
  • Estimated Rental Performance: 0.0589
  • Lease Terms: Weekly
  • Rental Co: Pirates Cove Realty
  • Rental Phone Number: 252-473-6800
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1990

Tax Info

  • Year: 2013
  • Taxes: 1767.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2013
Closed on
Nov 20, 2014
Sold by
Vache Ione Hooker Maxwell
Bought by
Howerton Scott A and Howerton Kimberly G
Seller's Agent
Elizabeth Cloninger
Pirates Cove Realty
Buyer's Agent
Pam Kelley
Default, Office
List Price
$224,900
Sold Price
$190,000
Premium/Discount to List
-$34,900
-15.52%
Current Estimated Value
$501,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,786
Avg. Annual Appreciation
9.70%

Purchase Details

Closed on
Sep 30, 2005
Sold by
Harden Russell W and Harden Catherine B
Bought by
Vache Ione Hooker Maxwell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
5.66%
Mortgage Type
New Conventional
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
Howerton Scott A $190,000 None Available
Vache Ione Hooker Maxwell $395,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vache Ione Hooker Maxwell $296,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2014 12/03/14 Sold $190,000 -15.5% $155 / Sq Ft
11/01/2014 11/01/14 Pending -- -- --
09/27/2013 09/27/13 For Sale $224,900 -- $183 / 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 $2,038 $273,200 $85,000 $188,200
2023 $1,094 $273,200 $85,000 $188,200
2022 $2,038 $273,200 $85,000 $188,200
2021 $2,038 $273,200 $85,000 $188,200
2020 $2,038 $273,200 $85,000 $188,200
2019 $1,846 $219,800 $85,000 $134,800
2018 $0 $219,800 $85,000 $134,800
2017 $1,846 $219,800 $85,000 $134,800
2016 $1,812 $219,800 $85,000 $134,800
2014 $1,790 $219,800 $85,000 $134,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 80724

Outer Banks Association of REALTORS®

APN: 029880000