NOT LISTED FOR SALE

523 Pirates Way Unit 523B Manteo, NC 27954

Estimated Value: $430,439 - $469,000

2 Beds
2 Baths
993 Sq Ft
$454/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $168,900 $170 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $3,073/month

408 Days on Market

Highlights

  • Views of a Sound
  • Tennis Courts
  • Gated Community
  • Health Club
  • In Ground Pool
  • Home fronts a canal

About This Home

As of July 2015

REDUCED 15K & New Paint ! Well cared for lowest priced! 2 bdrm. 2 ba. Buccaneer Vlg. Condo! Canal front and Pond, Reserved Covered Parking Space, and sold fully furnished. Private covered balcony with new slider doors and access from master suite to relax and take in all the spectacular views and summer SW breezes. DO NOT! miss this opportunity, at this price!, to enjoy all the wonderful family friendly amenities Pirates Cove has to offer; Two outdoor pools(one for owners only), tennis courts, fitness center, play ground, volley ball, activity center, covered pavilion for gatherings, 4.5 miles of boardwalks; all behind the secure guard gated entry of the World Class Pirates Cove Marina & Community!

Last Agent to Sell the Property

Scott Foster

Default, Office License #203524 Listed on: 04/27/2014

Last Buyer's Agent

Elizabeth Cloninger

Pirates Cove Realty License #270965

Pirates Cove Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,762

Year Built

  • Built in 1990

Lot Details

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

HOA Fees

  • $538 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Pond
  • Canal

Home Design

  • Contemporary Architecture
  • Property Attached
  • Entry on the 2nd floor
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 993 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • Tuck Under Parking
  • Paved Parking
  • Parking Lot
  • Reserved Parking
  • Secure Parking

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Tennis Courts
  • Covered Deck
  • Exterior Lighting
  • 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 insurance, flood insurance, grounds maintenance, pool, road maintenance, security, sewer/septic, tennis courts, walkways
  • Carol Funk Association
  • Pc Buccaneer Vill Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Boardwalk
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,762

Year Built

Built in 1990

Lot Details

0

HOA Fees

$538 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: Through guard gate, ahead on right Buccaneer Vlg. Condo Bldg. 5. Second floor, middle.
  • Extras: Ceiling Fan(s), Covered Decks, Landscaped, Outdoor Tennis, Outside Lighting, Smoke Detector(s), Storage Shed
  • Flood Zone: AE
  • Headline: REDUCED! Lowest Priced 2BDRM!
  • Heated Sq Ft: 993
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 2
  • Waterfront Location: Canalfront
  • Zoning: Res
  • Deed Book Pg Number: 0235
  • Major Subdivision: Pirates Cove
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Freezer, Microwave, Range/Oven, Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Dryer Connection, Ensuite, Washer Connection, Wood Fireplace

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Canal, Pond, Sound

Garage/Parking

  • Garage: Carport
  • Parking: Parking Lot, Paved, Reserved, Security, Under

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 Insurance, Flood Insurance, Grounds Maintenance, Pool, Road Maintenance, Security, Sewer/Septic, Tennis Courts, Walkways
  • Condo Type: Attached
  • Association Amenities: Clubhouse, Gated Community, Health Club, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Sound Access, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 6460
  • Hoa Contact: Carol Funk
  • HOA Contact: 473-6800

Lot Info

  • Lot Description: Adj. To Common Area, Bulkheaded, Level, Water Frontage
  • Deed Book: 1434

Rental Info

  • Est Annual Rental Income: 11955
  • Estimated Rental Performance: 0.0708
  • Other Expenses: 105000
  • Rental Co: Pirates Cove Realty
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1990

Tax Info

  • Year: 2014
  • Taxes: 1761.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2019
Sold by
Vaughn Thomas L and Short-Vaughn Kristin
Bought by
Nugent Raymond C and Ruark Stuart W
Current Estimated Value
$450,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Outstanding Balance
$181,294
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$269,316

Purchase Details

Listed on
Apr 27, 2014
Closed on
Jul 24, 2015
Sold by
Walker Sears and Walker Karen
Bought by
Vaughan Thomas Lucas and Vaughan Kristin Short
Seller's Agent
Scott Foster
Default, Office
Buyer's Agent
Elizabeth Cloninger
Pirates Cove Realty
List Price
$190,000
Sold Price
$168,900
Premium/Discount to List
-$21,100
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
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
Nugent Raymond C $230,000 --
Vaughan Thomas Lucas -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nugent Raymond C $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2015 07/24/15 Sold $168,900 -11.1% $170 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
04/27/2014 04/27/14 For Sale $190,000 -- $191 / 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 $1,750 $227,800 $75,000 $152,800
2023 $1,750 $233,912 $75,000 $158,912
2022 $1,745 $233,912 $75,000 $158,912
2021 $1,750 $233,912 $75,000 $158,912
2020 $1,745 $233,912 $75,000 $158,912
2019 $1,873 $217,400 $105,000 $112,400
2018 $1,873 $217,400 $105,000 $112,400
2017 $1,873 $217,400 $105,000 $112,400
2016 $1,784 $217,400 $105,000 $112,400
2014 $1,762 $217,400 $105,000 $112,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Scott Foster

    Default, Office

  • Elizabeth Cloninger

    Buyer's Agent in 2015

    Elizabeth Cloninger

    Pirates Cove Realty

    (252) 305-2951

    189 Total Sales

    Elizabeth Cloninger
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 83437

Outer Banks Association of REALTORS®

APN: 029882000

North Carolina Dare County Manteo 27954

523 Pirates Way Unit 523B, Manteo, NC

This home is located at 523 Pirates Way Unit 523B, Manteo, NC 27954 since 27 April 2014 and is currently estimated at $450,610, approximately $453 per square foot. This property was built in 1990. 523 Pirates Way Unit 523B 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.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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