NOT LISTED FOR SALE

705 Francis Drake St Manteo, NC 27954

Estimated Value: $305,000 - $803,000

3 Beds
2 Baths
1,320 Sq Ft
$345/Sq Ft Est. Value

Last Sold May 06, 2019

Last sale price $175,000 $133 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $2,561/month

56 Days on Market

Highlights

  • Ranch Style House
  • En-Suite Primary Bedroom
  • Level Lot
  • Laundry Room
  • Ceiling Fan
  • 1-minute walk to National Park Service

About This Home

As of May 2019

Well-Maintained Manteo Home within walking distance to downtown, schools and the library. This 3 bedroom, 2 bath home with mature landscaping offers a Master Suite with Walk-in Closet, Double Vanity, and Garden Soaker Tub. Upon entry, you will find the home has new LVT flooring and modern neutral color palette giving the home a light and airy feeling. Entertaining is a breeze here with its open floor plan for an easy transition between the kitchen and living room. This would be a perfect primary residence or investment property. The home has been rented through Airbnb with a fantastic ROI (AirBnb Income will be added shortly). Additionally, the home has previously rented long-term for $1,400/month.

Last Agent to Sell the Property

Emily Quinn Bray

Coldwell Banker Seaside Realty KH License #262971 Listed on: 01/30/2019

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Jeremy Jensen

Outer Banks Realty Group License #282180

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $943

Year Built

  • Built in 2003

Lot Details

  • 7,000 Sq Ft Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Lap Siding
  • Modular or Manufactured Materials
  • Vinyl Construction Material

Interior Spaces

  • 1,320 Sq Ft Home
  • Ceiling Fan
  • Vinyl Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Roanoke Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / R

Home Details

Home Type

Single Family

Est. Annual Taxes

$943

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Ranch
  • Directions: Heading north on US 64/264 through Manteo, turn left on Burnside Dr, take the 2nd Right onto Francis Drake St. 2nd driveway on the right.
  • Extras: Ceiling Fan(s), Inside Laundry Room
  • Flood Zone: AE
  • Headline: Adorable & Affordable
  • Heated Sq Ft: 1320
  • L V T Date: 02/01/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 0395
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Vinyl, Vinyl Tile
  • Full Bathrooms: 2
  • Interior Amenities: Dryer Connection, Ensuite, Washer Connection, 1st Flr Ensuite
  • Optional Rooms: Pantry

Exterior Features

  • Construction: Modular (Pre-Fab)
  • Exterior: Lap Siding, Vinyl
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 7000
  • Lot Description: Level
  • Lot Size: 7000
  • Lot Number: Lot 11
  • Estimated Lot Size: 0.16
  • Deed Book: 1489

Rental Info

  • Flood Expenses: 584
  • Rental Co: Managed by Homeowner

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2018
  • Taxes: 942.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2019
Closed on
May 1, 2019
Sold by
Dudley Land Co Llc
Bought by
Sokoloski Brian T and Sokoloski Brandi
Seller's Agent
Emily Quinn Bray
Coldwell Banker Seaside Realty KH
Buyer's Agent
Jeremy Jensen
Outer Banks Realty Group
List Price
$179,000
Sold Price
$175,000
Premium/Discount to List
-$4,000
-2.23%
Total Days on Market
56
Current Estimated Value
$455,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,305
Avg. Annual Appreciation
16.42%
Original Mortgage
$178,762
Outstanding Balance
$158,471
Interest Rate
4.1%
Mortgage Type
VA
Estimated Equity
$296,834
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sokoloski Brian T $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sokoloski Brian T $178,762
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2019 05/06/19 Sold $175,000 -2.2% $133 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $179,000 -- $136 / 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 $969 $174,500 $36,500 $138,000
2023 $959 $175,300 $36,500 $138,800
2022 $937 $174,500 $36,500 $138,000
2021 $920 $174,500 $36,500 $138,000
2020 $917 $174,500 $36,500 $138,000
2019 $943 $152,900 $35,800 $117,100
2018 $943 $152,900 $35,800 $117,100
2017 $943 $152,900 $35,800 $117,100
2016 $881 $152,900 $35,800 $117,100
2014 $881 $152,900 $35,800 $117,100
Source: Public Records

Agents Affiliated with this Home

  • Emily Quinn Bray

    Seller's Agent in 2019

    Emily Quinn Bray

    Coldwell Banker Seaside Realty KH

    (252) 412-5991

    175 Total Sales

    Section Image

  • J

    Buyer's Agent in 2019

    Jeremy Jensen

    Outer Banks Realty Group

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 103507

Outer Banks Association of REALTORS®

APN: 023127003

North Carolina Dare County Manteo 27954

705 Francis Drake St, Manteo, NC

This home is located at 705 Francis Drake St, Manteo, NC 27954 since 30 January 2019 and is currently estimated at $455,305, approximately $344 per square foot. This property was built in 2003. 705 Francis Drake St 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.

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