$370,000
SOLD FEB 22, 2023

632 Pirates Way Unit 632B Manteo, NC 27954

2 Beds
2 Baths
1,000 Sq Ft
1990 Built

Recently Sold

$370 Per Sq Ft

7% Below List Price

51 Days on Market

Highlights

  • Views of a Sound
  • Outdoor Pool
  • Home fronts a canal
  • Health Club
  • Gated Community
  • Clubhouse

About This Home

As of February 2023

TOP FLOOR, GREAT CONDITION!!! 2 bedroom, 2 bath furnished penthouse unit with cathedral ceilings in Pirates Cove. 3x the views – sound, canal, & pond! HVAC and hot water heater replaced in 2019, plantation shutters installed in 2020, ceiling fixtures updated, interior painted in past three years, exterior painted in 2022. Previous owners replaced doors and windows. Covered reserved parking with storage unit. Amenities include 2 pools, lighted tennis courts, playground, fitness center, onsite restaurant and tiki bar, and miles of lighted docks to walk, fish, or crab from. Pirates Cove is a private gated, golf cart friendly community with 24/7 onsite security. Just five minutes to the nearest beach access. Current owners do not have a slip, but buyers that own a registered boat under 25' can be assigned a slip.

Last Agent to Sell the Property

Alex Argiroff

Keller Williams - Outer Banks License #176145 Listed on: 12/15/2022

Keller Williams - Outer Banks

Co-Listed By

Kathleen Argiroff

Keller Williams - Outer Banks License #216690

Last Buyer's Agent

Laura Mascia

Pirates Cove Realty License #296169

Pirates Cove Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,925

Year Built

  • Built in 1990

Lot Details

  • Home fronts a canal
  • Property fronts a private road
  • Landscaped
  • Level Lot

HOA Fees

  • $838 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Pond
  • Canal

Home Design

  • Contemporary Architecture
  • Property Attached
  • Entry on the 3rd floor
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

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

Outdoor Features

  • Outdoor Pool
  • Covered Deck
  • Exterior Lighting
  • Storage Shed

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

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
  • Renee Parrish Or Erin Johnson Association, Phone Number (252) 473-6800
  • Pc Buccaneer Vill Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,925

Year Built

Built in 1990

Lot Details

0

HOA Fees

$838 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: Enter through security gate. Continue straight pull into buildings 5 & 6, condo on top floor, use stairs in the middle of the building
  • Extras: Ceiling Fan(s), Covered Decks, Landscaped, Outside Lighting, Storage Shed
  • Flood Zone: AE
  • Headline: TOP FLOOR - CANAL FRONT
  • Heated Sq Ft: 1000
  • L V T Date: 12/15/2022
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 3
  • Waterfront Location: Canalfront
  • Zoning: R-5
  • Deed Book Pg Number: 0890
  • 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: MultiFamily

Interior Features

  • Appliances: Disposal, Microwave, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer
  • Bedrooms: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ensuite, Wood Fireplace

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Community Septic
  • 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 Dock, Clubhouse, Gated Community, Health Club, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 10060
  • Hoa Contact: RENEE PARRISH OR ERIN JOHNSON
  • HOA Contact: 252-473-6800

Lot Info

  • Lot Description: Bulkheaded, Level, Water Frontage
  • Deed Book: 2234

Rental Info

  • Est Annual Rental Income: 72689
  • Estimated Rental Performance: 0.1965
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 660
  • Annual Electric: 560

Building Info

  • Year Built: 1990

Tax Info

  • Year: 2022
  • Taxes: 1924.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2024
Sold by
Sparks Jonathan B and Sparks Brook
Bought by
Ballog Mark T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Outstanding Balance
$373,857
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$134,350

Purchase Details

Closed on
Jul 12, 2023
Sold by
Parnell Hugh B and Parnell Ann M
Bought by
Parnell Hugh B and Sparks Jonathan B

Purchase Details

Listed on
Dec 15, 2022
Closed on
Feb 16, 2023
Sold by
Mattern Michael D and Mattern Ann E
Bought by
Parnell Hugh B and Parnell Ann M
Seller's Agent
Alex Argiroff
Keller Williams - Outer Banks
Buyer's Agent
Laura Mascia
Pirates Cove Realty
List Price
$399,900
Sold Price
$370,000
Premium/Discount to List
-$29,900
-7.48%
Views
197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.04%

Purchase Details

Closed on
Apr 30, 2018
Sold by
Stephenson Rita T and Stephenson Timothy
Bought by
Mattern Michael D and Mattern Ann E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2010
Sold by
Stoner Bruce H and Stoner Sally Ann
Bought by
Stephenson Rita T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
4.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $530,000 None Listed On Document
Warranty Deed $2,922,000 None Listed On Document
Warranty Deed $370,000 --
Warranty Deed $240,000 --
Warranty Deed $220,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $397,500 New Conventional
Previous Owner $128,000 New Conventional
Previous Owner $176,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2025 09/26/25 For Sale $549,000 +48.4% $542 / Sq Ft
02/22/2023 02/22/23 Sold $370,000 -2.6% $370 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
02/03/2023 02/03/23 Price Changed $379,900 -3.8% $380 / Sq Ft
01/13/2023 01/13/23 Price Changed $394,900 -1.3% $395 / Sq Ft
12/15/2022 12/15/22 For Sale $399,900 -- $400 / 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 $1,925 $258,000 $95,000 $163,000
2023 $1,925 $258,000 $95,000 $163,000
2022 $1,925 $258,000 $95,000 $163,000
2021 $1,925 $258,000 $95,000 $163,000
2020 $1,925 $258,000 $95,000 $163,000
2019 $1,704 $202,800 $90,000 $112,800
2018 $1,704 $202,800 $90,000 $112,800
2017 $1,704 $202,800 $90,000 $112,800
2016 $1,622 $202,800 $90,000 $112,800
2014 $1,602 $202,800 $90,000 $112,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 121014

Outer Banks Association of REALTORS®

APN: 029901000