Home for Sale at 4 A Pirates Way, Manteo, NC 27954

4 A Pirates Way
Manteo, NC 27954

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Property Details

List Price:	$995,000
Beds:	4
Baths:	4
Status:	Active
SqFt:	2100
Agency:	Outer Banks Realty Solutions

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Description/Comments

Lot Size:	6,500 sqft
Property Type:	Residential
Year Built:	--
Notes:	Move in Ready! 4 bedroom, 3 bath canalfront home located in the gated community of Pirate's Cove-Rudder Village. This beautifully decorated home offers an open floor plan, hardwood flooring, stainless steel appliances, beautiful kitchen cabinetry, wainscoting, a gas fp and breathtaking views of the canal. A first level guest bedroom with access to a full bath. Walk-in Laundry room. The spacious primary suite with cathedral ceiling features a vanity and sitting area, private screened-in balcony, private shower, separate jet tub and large closet. Two additional second floor bedrooms with guest bath. The mid level sitting area and bi-level decks provide ample space for entertaining guests. The property includes a 35FT boat dock slip 4A assigned by the HOA to a new owner with a registered boat, making this home a perfect investment property with a projected annual owner income of $59,534 or second home or primary resident for boating enthusiasts and is only minutes to the Nags Head beaches. Sold furnished with a small list of exclusions, the home also features ample storage, an enclosed garage and plenty of space for your golf cart. There is also a water closet, and outdoor shower and walkway right to your dock. The owners have meticulously maintained the home and has been used as a second home. Fairly NEW windows excluding east side of home, and HVAC units in the past few years. Pirate's Cove amenities include a clubhouse, two swimming pools, snack bar, tennis courts, fitness center, playground, world-class fishing marina, ships store, tiki bar and community social events. There are miles of perimeter docking to enjoy walking, fishing or crabbing from. Don't miss out on the opportunity to own this immaculate canalfront home in Pirate's Cove.
MlsNumber:	124525

Listing Provided By:	Outer Banks Realty Solutions, original listing
Name:	Outer Banks Realty Solutions
Phone:	(252) 305-2237
Office Name:	Outer Banks Realty Solutions
Office Phone:	(252) 261-9003
Agent Name:	Suzanne Baer
Disclaimer:	Copyright Â© 2024 Outer Banks Association of Realtors Â®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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