NOT LISTED FOR SALE

55 Hammock Dr Manteo, NC 27954

Estimated Value: $1,136,000 - $1,206,000

5 Beds
3 Baths
3,536 Sq Ft
$334/Sq Ft Est. Value

Last Sold March 21, 2022

Last sale price $1,040,000 $294 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,023/month

31 Days on Market

Highlights

  • 20 Feet of Waterfront
  • Views of a Sound
  • Above Ground Pool
  • Private Dock
  • Health Club
  • Gated Community

About This Home

As of March 2022

Rare opportunity to own coastal chic 5 BR home with both private & association pools! Southern Living style home, amazing water views abound, in highly sought after gated community of Pirate's Cove on Historic Roanoke Island. Main level has lovely guest room, office, living, kitchen, dedicated dining space with amazing views of sound & saltmarsh. Upstairs has two other bedrooms with shared full bath in hall, stunning primary bedroom offers fabulous walk-in closet & en suite with jacuzzi tub! Top floor has two beds, two storage closet/attic spaces, and "bonus" full bath for your guests to enjoy their own private getaway. The views are absolutely breathtaking!! Fisherman/handyman special downstairs with additional 900 sq ft of storage space, including "bonus" half bath, extra owners closet area & outdoor shower. Relax in shade of porch, lounge in sun by your own saltwater pool, or hit the water in ease with 55 ft of boat moorage available right at your back door! 50 amp shore power also on dock directly behind house, for qualifying buyers per PCHOA bylaws. Charming nautical community boasts world class Marina, ship store, community pool, clubhouse, owners pool, tennis courts, playground, & beautiful walking along docks. Pirates Cove offers mix of year round residences, second homes, & vacation rentals, and is host to the world famous Pirate's Cove Big Game Fishing Tournament! Home being sold unfurnished, some furnishings may be negotiable. Please refer to PCHOA Bylaws in assoc docs for more info on association amenities & expenditures. Boat slip available to qualifying buyers with boat, $160/yr fee. $300 Buyer Conveyance Fee due at closing to PCHOA. Listing Agent is related to Sellers.

Last Agent to Sell the Property

Brim Silver

Keller Williams - Outer Banks License #218891 Listed on: 12/20/2021

Keller Williams - Outer Banks

Last Buyer's Agent

Kristine Bergin

Pirates Cove Realty License #302933

Pirates Cove Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,574

Year Built

  • Built in 2001

Lot Details

  • 0.26 Acre Lot
  • 20 Feet of Waterfront
  • Home fronts a canal
  • Property fronts a private road
  • Landscaped
  • Sprinkler System

HOA Fees

  • $175 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Canal Views

Home Design

  • Colonial Architecture
  • Coastal Architecture
  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,536 Sq Ft Home
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Workshop
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • Above Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Private Dock
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 55

Community Details

Overview

  • Association fees include common insurance, grounds maintenance, management, pool, road maintenance, security, tennis courts
  • Pchoa Renee Parrish Association, Phone Number (252) 473-6800
  • Pc Hammock Village Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,574

Year Built

Built in 2001

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Colonial, Contemporary, Coastal
  • Directions: Pirates Cove through Guard Gate, straight past Pool/Clubhouse take left on Spinnaker Dr, cross over little bridge follow circle around and to left Hammock Dr, 2nd home on right
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Shower, Smoke Detector(s), Sun Deck, Boat Dock, Dry Entry
  • Flood Zone: AE
  • Subdivision Name: Pirates Cove Ph-1 Hammock Village
  • Headline: Southern Living PC with Pool!
  • Heated Sq Ft: 3536
  • L V T Date: 12/21/2021
  • Primary Residence: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unheated Lvarsf: 983
  • Waterfront Location: Canalfront
  • Zoning: RES
  • Deed Book Pg Number: 0538
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Pirates Cove
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Ice Machine, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, Wine Cooler
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Interior Amenities: 9' Ceilings, Attic, Dryer Connection, Gas Fireplace, Ensuite, Pantry, Some Windows Treated, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Office, Pantry, Workshop

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Above Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 56
  • View: Canal, Sound, Salt Marsh
  • Water Frontage: 20

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts
  • Association Amenities: Boat Dock, Clubhouse, Gated Community, Health Club, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 2100
  • Hoa Contact: PCHOA Renee Parrish
  • HOA Contact: 252-473-6800
  • Home Owner Dwelling Insurance: 4105

Lot Info

  • Estimated Lot Sq Ft: 11200
  • Lot Description: Water Frontage
  • Lot Number: Lot 55
  • Estimated Lot Size: 0.26
  • Deed Book: 0617

Rental Info

  • Est Annual Rental Income: 80000
  • Estimated Rental Performance: 0.0769
  • Flood Expenses: 528
  • Lease Terms: Weekly
  • Rental Co: Pirates Cove Realty
  • Rental Cottage Name: Captains Quarters
  • Rental Phone Number: 252-473-6800
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 3900
  • Annual Water Expense: 1224
  • Rental Contact Email: swinters@pirates-cove.com
  • Rental Contact Name: PC Realty, Sarah Winters
  • Rental Contact Phone: 252-473-6800

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2021
  • Taxes: 5573.89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Mar 21, 2022
Sold by
Walton Spruill James and Walton Nancy C
Bought by
Anderson Michael S and Anderson Bonnie P
Seller's Agent
Brim Silver
Keller Williams - Outer Banks
Buyer's Agent
Kristine Bergin
Pirates Cove Realty
List Price
$1,050,000
Sold Price
$1,040,000
Premium/Discount to List
-$10,000
-0.95%
Current Estimated Value
$1,182,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,473
Avg. Annual Appreciation
3.79%
Source: Public Records

Range of Values:

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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
Anderson Michael S $6,240,000 Wheless W Jay
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spruill James Walton $548,250
Previous Owner Spruill James W $500,000
Previous Owner Sprull James Walton $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $1,040,000 -1.0% $294 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
12/20/2021 12/20/21 For Sale $1,050,000 -- $297 / 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 $5,000 $670,200 $179,200 $491,000
2023 $2,684 $670,200 $179,200 $491,000
2022 $5,572 $670,200 $179,200 $491,000
2021 $5,574 $747,170 $179,200 $567,970
2020 $5,090 $682,368 $179,200 $503,168
2019 $4,940 $575,600 $199,800 $375,800
2018 $4,899 $575,600 $199,800 $375,800
2017 $5,837 $575,600 $199,800 $375,800
2016 $5,589 $575,600 $199,800 $375,800
2014 $4,562 $575,600 $199,800 $375,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117103

Outer Banks Association of REALTORS®

APN: 025694255