NOT LISTED FOR SALE

1037 Fearing Ct Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $862,000 - $1,022,429

0.25 Acre
$3,732,428 Price per Acre
10,890 Sq Ft Lot

Last Sold July 25, 2022

Last sale price $169,000

Est. 452% increase in value since last sale

Current estimated payment $5,625/month

247 Days on Market

Highlights

  • Community Beach Access
  • Clubhouse
  • Tennis Courts
  • Health Club
  • Community Indoor Pool
  • Cul-De-Sac

About This Lot

As of July 2022

Biggest and best priced lot available in the AWARD-WINNING Corolla Light community. X Flood Zone means flood insurance is NOT required when you build your new dream home on this gorgeous lot! Perfectly located in a quiet cul-de-sac just steps away from the SOUND SIDE COMMUNITY POOL and INDOOR SPORTS COMPLEX where you will find a state-of-art gym, indoor tennis courts, Olympic size pool, and racquetball courts. Ride your bike or catch the trolly to the OCEAN SIDE POOL, OCEAN FRONT RESTAURANT, OUTDOOR TENNIS COURTS, PLAYGROUND, VOLLEYBALL, BASKETBALL, SHUFFLEBOARD, and weekly activities.

Last Agent to Sell the Property

Tammy Russell

Keller Williams - Outer Banks License #152164 Listed on: 10/05/2021

Keller Williams - Outer Banks

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707

Keller Williams - Outer Banks

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $357

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $223 Monthly HOA Fees

Additional Features

  • Timber
  • Municipal Utilities District Water

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, grounds maintenance, management, pool, security, tennis courts, walkways
  • Corolla Light Community Assoc. Association, Phone Number (252) 453-2455
  • Corolla Light Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Indoor Pool
  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$357

Lot Details

0

HOA Fees

$223 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Turn west onto Hampton St. Fearing Ct is on your immediate left.
  • Flood Zone: X
  • Headline: Steps to sports complex & pool
  • L V T Date: 10/05/2021
  • Roads: Paved
  • Sale/Rent: For Sale
  • Zoning: Res
  • Timber: Scattered
  • Deed Book Pg Number: 521
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Corolla Light
  • 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: LotsLands

Utilities

  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Health Club, Indoor Comm. Pool, Indoor Comm. Tennis, Ocean Access, Outdoor-Comm. Tennis, Outdoor-Comm. Pool, Park, Playground, Sound Access, Boardwalk to Beach, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 2673
  • Hoa Contact: Corolla Light Community Assoc.
  • HOA Contact: Don Cheek 252-453-2455
  • Fee Includes: Building Maintenance, Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Security, Tennis Courts, Walkways

Lot Info

  • Estimated Lot Sq Ft: 10900
  • Lot Description: Cul-de-sac, Level
  • Estimated Lot Size: 0.25
  • Deed Book: 1229
  • Unit/Lot Number: Lot #589

Tax Info

  • Year: 2021
  • Taxes: 357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Jul 18, 2022
Sold by
Jo Stover Betty
Bought by
Gillen Thomas and Gillen Laura
Seller's Agent
Tammy Russell
Keller Williams - Outer Banks
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$175,000
Sold Price
$169,000
Premium/Discount to List
-$6,000
-3.43%
Current Estimated Value
$933,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$764,107
Avg. Annual Appreciation
73.84%

Purchase Details

Listed on
Aug 30, 2012
Closed on
Dec 21, 2012
Sold by
Casson Donald D and Casson Kimberly S
Bought by
Stover Robert and Stover Betty Jo
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Jim Heinrich
Default, Office
List Price
$139,000
Sold Price
$100,000
Premium/Discount to List
-$39,000
-28.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
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
Gillen Thomas $845,000 Sharp Graham Baker & Varnell L
Stover Robert $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casson Donald D $31,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $169,000 -3.4% --
06/09/2022 06/09/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $175,000 0.0% --
05/10/2022 05/10/22 Pending -- -- --
03/16/2022 03/16/22 Price Changed $175,000 -2.8% --
10/05/2021 10/05/21 For Sale $180,000 +80.0% --
12/21/2012 12/21/12 Sold $100,000 -28.1% --
09/22/2012 09/22/12 Pending -- -- --
08/30/2012 08/30/12 For Sale $139,000 -- --
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 $3,800 $476,200 $70,000 $406,200
2023 $434 $70,000 $70,000 $0
2022 $357 $70,000 $70,000 $0
2021 $357 $100,000 $100,000 $0
2020 $530 $100,000 $100,000 $0
2019 $530 $100,000 $100,000 $0
2018 $530 $100,000 $100,000 $0
2017 $480 $100,000 $100,000 $0
2016 $480 $100,000 $100,000 $0
2015 $480 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Tammy Russell

    Seller's Agent in 2022

    Tammy Russell

    Keller Williams - Outer Banks

    (252) 489-8054

    28 in this area

    151 Total Sales

    Tammy Russell
    Section Image
  • Matt Myatt

    Buyer's Agent in 2022

    Matt Myatt

    Keller Williams - Outer Banks

    (252) 207-6588

    210 in this area

    435 Total Sales

    Matt Myatt
    Section Image

  • A

    Buyer Co-Listing Agent in 2022

    Adam Houff

    Keller Williams - Outer Banks

    (252) 299-4997

    41 in this area

    105 Total Sales

    Adam Houff
    Section Image
  • Sarah Spencer

    Seller's Agent in 2012

    Sarah Spencer

    Keller Williams - Outer Banks

    (252) 202-3357

    118 in this area

    336 Total Sales

    Sarah Spencer
    Section Image

  • J

    Buyer's Agent in 2012

    Jim Heinrich

    Default, Office

See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116352

Outer Banks Association of REALTORS®

APN: 115B-000-0589-0000

North Carolina Currituck County Corolla 27927 Corolla

1037 Fearing Ct, Corolla, NC

This home is located at 1037 Fearing Ct, Corolla, NC 27927 since 05 October 2021 and is currently estimated at $933,107. 1037 Fearing Ct is a home located in Currituck County with nearby schools including Knotts Island Elementary School, Currituck County Middle School, and Currituck County 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.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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