$402,250
SOLD JUN 16, 2023

532 Pirates Way Unit 532 Manteo, NC 27954

2 Beds
2 Baths
1,005 Sq Ft
871 Sq Ft Lot

Recently Sold

$400 Per Sq Ft

4% Below List Price

174 Days on Market

Highlights

  • Private Dock
  • Tennis Courts
  • Gated Community
  • Health Club
  • Outdoor Pool
  • Home fronts a canal

About This Home

As of June 2023

TOP FLOOR CANALFRONT condo with RESERVED PARKING & 35' BOAT SLIP IN RUDDER CANAL! This is a great opportunity to own a top floor condo with cathedral ceilings in Pirate's Cove Resort Community. This 2 bedroom 2 bath condo offers a ensuite master bedroom with cathedral ceilings, and a separate door to the covered deck. Decorated in beach decor, the open concept floor plan is bright and cheerful with numerous windows & sliders to let in the light. SOLD FURNISHED this canal front condo HAS A RESERVED UNDERNEATH PARKING SPACE & room to park a golf cart, your 35 ft boat slip 22 in Rudder canal to a qualified boat owner. Owner's storage room, and steps to condo are next to reserved parking. All new kitchen GE appliances. Pirate's Cove is a gated community which has two private pools, tennis courts, playground, Tiki Bar, Blue Water Grill & Raw Bar, World Class Marina & Pavilion, fitness center, and clubhouse. Spectacular condo in an excellent location. Close to shopping, restaurants, Jeanette's Pier, beach access, and downtown Manteo. About the Marina:Pirate's Cove Marina is a protected, deep water, full service marina with 195 slips and a charter fleet of 21 sport fish boats for offshore, nearshore and inlet fishing.It is one of the largest world class marinas on the East Coast with a high level of experienced charter sport fishing captains and crew. Pirate's Cove Marina is approximately eight miles inside and north of Oregon Inlet via a deepwater, well marked channel. The fixed bridge clearance of the Manteo/Nags Head causeway is 65 feet at mean high tide.

Last Agent to Sell the Property

Tammy Johnson

Island Life Realty License #278552 Listed on: 11/16/2022

Last Buyer's Agent

Brenda Williams

Howard Hanna - Great Bridge License #308547

Howard Hanna - Great Bridge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,927

Year Built

  • Built in 1990

Lot Details

  • Home fronts a canal
  • Property fronts a private road
  • Landscaped
  • Sprinkler System

HOA Fees

  • $863 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Property Attached
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,005 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Canal Views
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Tuck Under Parking
  • Reserved Parking

Outdoor Features

  • Outdoor Pool
  • Private Dock
  • Tennis Courts
  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump 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
  • Terri Richardson Association, Phone Number (252) 473-6800
  • Pc Buccaneer Vill Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Dock
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,927

Year Built

Built in 1990

Lot Details

0

HOA Fees

$863 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Directions: Enter through Pirate's Cove guard house stay on Pirate'sWay, condo is on the right side 5th building, middle set of stairs, top floor.
  • Extras: Ceiling Fan(s), Covered Decks, Landscaped, Lawn Sprinklers, Outdoor Tennis, Outside Lighting, Smoke Detector(s), Storm Doors, Boat Dock
  • Flood Zone: AE
  • Headline: Top Floor w/ Reserved Parking!
  • Heated Sq Ft: 1005
  • L V T Date: 11/16/2022
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 3
  • Waterfront Location: Canalfront
  • Zoning: R-5
  • Deed Book Pg Number: 812
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Pirates Cove
  • Newpoint Media: Yes
  • Office License Number: C27142
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Range/Oven, Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 2
  • Floor Coverings: Carpet, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Ensuite, Wood Fireplace

Exterior Features

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

Garage/Parking

  • Parking: Reserved, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • 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
  • Condo Type: Attached
  • Association Amenities: Boat Ramp, Boat Dock, Clubhouse, Gated Community, Health Club, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 10360
  • Hoa Contact: Terri Richardson
  • HOA Contact: 252-473-6800

Lot Info

  • Lot Description: Bulkheaded, Water Frontage
  • Deed Book: 2637

Rental Info

  • Est Annual Rental Income: 35965
  • Estimated Rental Performance: 0.0894
  • Rental Co: Pirates Cove Realty
  • Rental Contact Name: Sarah Winters
  • Rental Contact Phone: 252-473-6800

Building Info

  • Year Built: 1990

Tax Info

  • Year: 2022
  • Taxes: 1926.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2024
Sold by
Gledhill Jenna D
Bought by
Delorey Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Outstanding Balance
$343,948
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$96,921

Purchase Details

Listed on
Nov 16, 2022
Closed on
May 30, 2023
Sold by
Drake Property Group Llc
Bought by
Gledhill Rogy L and Gledhill Jenna D
Seller's Agent
Tammy Johnson
Island Life Realty
Buyer's Agent
Brenda Williams
Howard Hanna - Great Bridge
List Price
$419,900
Sold Price
$402,250
Premium/Discount to List
-$17,650
-4.2%
Views
300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$301,687
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2022
Closed on
Aug 4, 2022
Sold by
Randall Blanchard Thomas and Randall Marie Lauren
Bought by
Drake Property Group Llc
Seller's Agent
Kristine Bergin
Pirates Cove Realty
Buyer's Agent
Tammy Johnson
Island Life Realty
List Price
$405,000
Sold Price
$350,000
Premium/Discount to List
-$55,000
-13.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.79%

Purchase Details

Listed on
Oct 7, 2021
Closed on
Dec 14, 2021
Sold by
Dunn Kevin J and Dunn Marta
Bought by
Blanchard Thomas Randall and Blanchard Lauren Marie
Seller's Agent
Christie Baer
Pirates Cove Realty
Buyer's Agent
Kristine Bergin
Pirates Cove Realty
List Price
$340,000
Sold Price
$330,000
Premium/Discount to List
-$10,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$264,000
Interest Rate
3.37%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $465,000 None Listed On Document
Warranty Deed $2,413,750 None Listed On Document
Warranty Deed $350,000 Wheless W Jay
Warranty Deed $330,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $348,750 New Conventional
Previous Owner $301,687 New Conventional
Previous Owner $264,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 For Sale $475,000 +18.1% $475 / Sq Ft
06/16/2023 06/16/23 Sold $402,250 +1.8% $400 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
04/20/2023 04/20/23 Price Changed $395,000 -2.5% $393 / Sq Ft
04/09/2023 04/09/23 Price Changed $405,000 -3.5% $403 / Sq Ft
03/21/2023 03/21/23 For Sale $419,900 0.0% $418 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
12/06/2022 12/06/22 Price Changed $419,900 -1.2% $418 / Sq Ft
11/16/2022 11/16/22 For Sale $425,000 +21.4% $423 / Sq Ft
08/11/2022 08/11/22 Sold $350,000 -13.6% $348 / Sq Ft
07/02/2022 07/02/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $405,000 +22.7% $403 / Sq Ft
12/17/2021 12/17/21 Sold $330,000 -2.9% $328 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $340,000 -- $338 / 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 $1,927 $258,300 $95,000 $163,300
2023 $1,927 $258,300 $95,000 $163,300
2022 $1,927 $258,300 $95,000 $163,300
2021 $1,927 $258,300 $95,000 $163,300
2020 $1,927 $258,300 $95,000 $163,300
2019 $1,706 $203,100 $90,000 $113,100
2018 $1,706 $203,100 $90,000 $113,100
2017 $1,706 $203,100 $90,000 $113,100
2016 $1,625 $203,100 $90,000 $113,100
2014 $1,604 $203,100 $90,000 $113,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120841

Outer Banks Association of REALTORS®

APN: 029887000