NOT LISTED FOR SALE

1038 Fearing Ct Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $1,138,000 - $1,265,000

0.19 Acre
$6,546,204 Price per Acre
8,102 Sq Ft Lot

Last Sold November 16, 2021

Last sale price $189,000

Est. 544% increase in value since last sale

Current estimated payment $7,548/month

39 Days on Market

Highlights

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

About This Lot

As of November 2021

Excellent opportunity to build your dream home on this awesome lot in the award winning Corolla Light Resort! Located on a cul-de-sac close to the Indoor Sports Facility, this is a great lot for you to build the home you always wanted. Room for a pool!. X Flood Zone! Breeze over to the Corolla Light Sound side pool, walk the nature trails and enjoy the peaceful Currituck Sound. Corolla Light's amenities are 2nd to none, with 3 Oceanfront pools, Sound Side pool, 2 indoor and 8 outdoor tennis courts, Sports Center with competition size pool, exercise equipment, racquetball court and more! A short walk to the Corolla Light Shops including restaurants and miniature golf course.

Last Agent to Sell the Property

Eddie Kavanaugh

Keller Williams - Outer Banks License #126307 Listed on: 08/25/2021

Keller Williams - Outer Banks

Co-Listed By

Denise Graham

Keller Williams - Outer Banks License #190990

Last Buyer's Agent

Holly Henry-West

Century 21 Nachman Realty License #193937

Century 21 Nachman Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $357

Year Built

  • 2023

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Wooded Lot

HOA Fees

  • $223 Monthly HOA Fees

Utilities

  • Municipal Utilities District for Water and Sewer

Community Details

Overview

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

Amenities

  • Common Area

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$357

Year Built

2023

Lot Details

0

HOA Fees

$223 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: From Ocean Trail ( Rt 12 ), Left on Hampton St, left on Fearing Ct. Lot is at the end of the cul-de-sac on the right.
  • Flood Zone: X
  • Subdivision Name: Corolla Light PUD
  • Headline: Soundside Corolla Light
  • L V T Date: 08/25/2021
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 581
  • 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
  • Year Built (Public Record): 2023

Utilities

  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Health Club, Indoor Comm. Pool, Indoor Comm. Tennis, Ocean Access, Outdoor-Comm. Tennis, Outdoor-Comm. Pool, Playground, Raquetball, Sound Access, Boardwalk to Beach, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 2673
  • Hoa Contact: DonCheek
  • HOA Contact: 252-453-2455
  • Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways

Lot Info

  • Lot Description: Cul-de-sac, Level, Wooded
  • Lot Size: 10,072'
  • Deed Book: 1371
  • Unit/Lot Number: Lot 586

Tax Info

  • Year: 2020
  • Taxes: 357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2022
Sold by
Griffin Stanley P and Griffin Joanna R
Bought by
Griffin Investments Llc
Total Days on Market
39
Current Estimated Value
$1,217,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,000
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 25, 2021
Closed on
Nov 9, 2021
Sold by
Chiesa Thomas A and Chiesa Barbara
Bought by
Griffin Stanley P and Griffin Joanna Robinson
Seller's Agent
Eddie Kavanaugh
Keller Williams - Outer Banks
Buyer's Agent
Holly Henry-West
Century 21 Nachman Realty
List Price
$199,000
Sold Price
$189,000
Premium/Discount to List
-$10,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.00%

Purchase Details

Closed on
Jul 7, 2016
Sold by
Johnson Ronald T
Bought by
Chiesa Thomas A
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
Griffin Investments Llc -- --
Griffin Stanley P $189,000 None Available
Chiesa Thomas A $30,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Investments Tlc $862,500
Closed Griffin Investments Llc $699,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2021 11/16/21 Sold $189,000 -5.0% --
10/03/2021 10/03/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $199,000 -- --
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 $5,883 $740,200 $70,000 $670,200
2023 $5,883 $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 -- $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Eddie Kavanaugh

    Seller's Agent in 2021

    Eddie Kavanaugh

    Keller Williams - Outer Banks

    (252) 453-0797

    71 in this area

    81 Total Sales

    Eddie Kavanaugh
    Section Image
  • Denise Graham

    Seller Co-Listing Agent in 2021

    Denise Graham

    Keller Williams - Outer Banks

    (252) 202-2173

    71 in this area

    81 Total Sales

    Denise Graham
    Section Image
  • Holly Henry-West

    Buyer's Agent in 2021

    Holly Henry-West

    Century 21 Nachman Realty

    (252) 489-7778

    18 in this area

    58 Total Sales

    Holly Henry-West
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115851

Outer Banks Association of REALTORS®

APN: 115B-000-0586-0000

North Carolina Currituck County Corolla 27927 Corolla

1038 Fearing Ct, Corolla, NC

This home is located at 1038 Fearing Ct, Corolla, NC 27927 since 25 August 2021 and is currently estimated at $1,217,594. This property was built in 2023. 1038 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.

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