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425 Pirates Way

Manteo, NC 27954

3 bd 3 ba 1,448 sqft Built 1989 Lot 81,631 sqft condo
Most recent sale
$520,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $520,000 Public Record
Feb 8, 2022 Sold $405,000 MLS #116891

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $343,700 $160,000 $503,700 $2,599
2024 $343,700 $160,000 $503,700 $1,663
2023 $148,000 $75,000 $223,000 $893
2022 $148,000 $75,000 $223,000 $1,663
2021 $148,000 $75,000 $223,000 $1,692
2020 $206,300 $75,000 $281,300 $1,693
2019 $147,400 $105,000 $252,400 $2,154
2018 $147,400 $105,000 $252,400 $2,155
2017 $147,400 $105,000 $252,400 $2,147
2016 $147,400 $105,000 $252,400 $2,046
2015 $147,400 $105,000 $252,400 $2,047
2014 $147,400 $105,000 $252,400 $2,022
2013 $147,400 $105,000 $252,400 $1,997
2012 $161,400 $121,100 $282,500 $1,532
2010 $161,400 $121,100 $282,500 $1,475
2009 $161,400 $121,100 $282,500 $1,342

Property facts

Year built
1989
Property type
condo
Stories
2
Beds
3
Baths
3
Living area
1,448 sqft
Lot size
81,631 sqft
ZIP code
27954
City
Manteo
Street
Pirates Way
Coordinates
35.89602, -75.64213

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,955
Gross rental yield
4.51%
Implied cap rate
2.93%
Trend-extrapolated value

Frequently asked questions

When did 425 Pirates Way last sell?
425 Pirates Way most recently sold on Sep 30, 2022 for $520,000.
What is the current tax assessment for 425 Pirates Way?
The most recent total assessment for 425 Pirates Way (year 2025) is $503,700 with $2,599 in property tax.
How does 425 Pirates Way's assessment compare to its last sale price?
The current assessment is 3.1% below the last sale price of $520,000.
When was 425 Pirates Way built?
425 Pirates Way was built in 1989.
How does 425 Pirates Way compare to others on Pirates Way?
We track 8 other properties on Pirates Way. Browse the list under "Other properties on Pirates Way" to compare beds, baths, and sale history.
What are the property facts for 425 Pirates Way?
425 Pirates Way is a 3 bed, 3 bath, 1,448 sqft, 81,631 sqft lot condo.
Is 425 Pirates Way a flip candidate?
Yes — 425 Pirates Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 425 Pirates Way a tax-appeal candidate?
No — 425 Pirates Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-2.1%
2026 Q3
$490.4K
2026 Q4
$487.8K
ZIP 27954 — Median Price History + Forecast

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