NOT LISTED FOR SALE

1041 Fearing Ct Corolla, NC 27927

Corolla Neighborhood

Estimated Value: $656,000 - $762,000

4 Beds
3.5 Baths
2,325 Sq Ft
$300/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $680,000 $292 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,296/month

74 Days on Market

Highlights

  • Health Club
  • Coastal Architecture
  • Corner Lot
  • Spa
  • Cathedral Ceiling
  • Furnished

About This Home

As of November 2023

Experience the epitome of coastal living in this 4-bedroom, 3.5-bathroom home located in the highly sought-after Corolla Light subdivision in Corolla, NC, a blend of updates and classic beach charm, boasting new flooring and fresh paint throughout. The result is a modern yet welcoming ambiance that captures the essence of coastal living. Indulge in the abundance of outdoor living this home provides. Expansive decks offer both covered and uncovered areas, ideal for basking in the sun, or simply stargazing on tranquil evenings. Enjoy drinks on the cozy screened in porch or relax in the hot tub after a day at the beach. The home is just steps from the Corolla Bike Path leading to iconic landmarks such as the Currituck Lighthouse and the historic Whalehead Club as well as mini-golf, an array of shopping options, and a diverse selection of dining experiences. Nestled within the Corolla Light community, you and your guests will enjoy access to a variety of remarkable amenities including two pools, a fitness center, indoor and outdoor tennis courts, basketball and volleyball courts, as well as a playground. Don't wait! This one won't last long!

Last Agent to Sell the Property

Randy Jones

EXP Realty, LLC - Coastal License #187811 Listed on: 08/13/2023

EXP Realty, LLC - Coastal

Co-Listed By

Lynn Sherman

EXP Realty, LLC - Coastal License #183247

Last Buyer's Agent

Randy Jones

EXP Realty, LLC - Coastal License #187811 Listed on: 08/13/2023

EXP Realty, LLC - Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,080

Year Built

  • Built in 1989

Lot Details

  • Landscaped
  • Corner Lot
  • Level Lot
  • Property is zoned SFO

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,325 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Game Room
  • Screened Porch
  • Luxury Vinyl Plank Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Garage
  • Carport
  • Garage Door Opener

Pool

  • Spa
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 591

Community Details

Overview

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

Recreation

  • Health Club
  • Indoor Tennis Courts
  • Community Playground
  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,080

Year Built

Built in 1989

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Ceiling Fan(s), Covered Decks, Garage Door Opener, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Flood Zone: X
  • Headline: Classic Coastal Living
  • Heated Sq Ft: 2325
  • L V T Date: 08/13/2023
  • Phase: 5E
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: SFO
  • Deed Book Pg Number: 242
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Corolla Light
  • Newpoint Media: Yes
  • Office License Number: C32879
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 4
  • Floor Coverings: Luxury Vinyl Plank
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection, Wood Fireplace
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: 1 Car

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Tennis Courts, Walkways
  • Association Amenities: Health Club, Indoor-Comm. Pool, Indoor-Comm. Tennis, Outdoor-Comm. Pool, Playground, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 3300
  • Hoa Contact: Corolla Light
  • HOA Contact: 252-453-2455

Lot Info

  • Lot Description: Corner, Level
  • Lot Number: Lot 591
  • Deed Book: 1295

Rental Info

  • Est Annual Rental Income: 75000
  • Estimated Rental Performance: 0.1103

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2022
  • Taxes: 2080

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2023
Closed on
Nov 17, 2023
Sold by
Windows Ronald M and Windows Joan K
Bought by
Vidal Melissa and Vidal John-David
Seller's Agent
Randy Jones
EXP Realty, LLC - Coastal
Buyer's Agent
Randy Jones
EXP Realty, LLC - Coastal
List Price
$749,500
Sold Price
$680,000
Premium/Discount to List
-$69,500
-9.27%
Views
227
Current Estimated Value
$696,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,457
Avg. Annual Appreciation
1.37%
Original Mortgage
$145,237
Outstanding Balance
$142,944
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$553,513

Purchase Details

Listed on
Nov 2, 2012
Closed on
Jun 25, 2014
Sold by
Rcw222 Llc
Bought by
Windows Ronald M and Windows Joan K
Seller's Agent
Linda Cole
Outer Banks Realty Group
Buyer's Agent
Randy Jones
EXP Realty, LLC - Coastal
List Price
$399,500
Sold Price
$338,500
Premium/Discount to List
-$61,000
-15.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$270,800
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2008
Sold by
Whiteed Robert W and Caroline Whiteed E
Bought by
Rcwiii Llc

Purchase Details

Closed on
Jul 25, 2006
Sold by
Wiggins Joseph S and Wiggins Jill S
Bought by
Whiteed Robert W and Caroline Whiteed E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Vidal Melissa $680,000 None Listed On Document
Windows Ronald M $338,500 None Available
Rcwiii Llc -- None Available
Whiteed Robert W $505,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vidal Melissa $145,237
Previous Owner Windows Ronald M $267,500
Previous Owner Windows Ronald M $270,800
Previous Owner Whiteed Robert W $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2023 11/21/23 Sold $680,000 -6.7% $292 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
09/19/2023 09/19/23 Price Changed $729,000 -2.7% $314 / Sq Ft
08/13/2023 08/13/23 For Sale $749,500 +121.4% $322 / Sq Ft
07/03/2014 07/03/14 Sold $338,500 -15.3% $146 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
11/02/2012 11/02/12 For Sale $399,500 -- $172 / 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 $2,715 $309,200 $70,000 $239,200
2023 $2,450 $309,200 $70,000 $239,200
2022 $2,080 $309,200 $70,000 $239,200
2021 $2,065 $304,900 $100,000 $204,900
2020 $1,946 $304,900 $100,000 $204,900
2019 $1,940 $304,900 $100,000 $204,900
2018 $1,940 $304,900 $100,000 $204,900
2017 $1,768 $304,900 $100,000 $204,900
2016 $1,768 $304,900 $100,000 $204,900
2015 $1,768 $304,900 $100,000 $204,900
Source: Public Records

Agents Affiliated with this Home

  • Randy Jones

    Seller's Agent in 2023

    Randy Jones

    EXP Realty, LLC - Coastal

    (252) 202-2573

    30 in this area

    110 Total Sales

    Randy Jones
    Section Image
  • Lynn Sherman

    Seller Co-Listing Agent in 2023

    Lynn Sherman

    EXP Realty, LLC - Coastal

    (252) 305-0222

    29 in this area

    106 Total Sales

    Lynn Sherman
    Section Image

  • L

    Seller's Agent in 2014

    Linda Cole

    Outer Banks Realty Group

    Section Image
  • Phyllis Cole/noLngr

    Seller Co-Listing Agent in 2014

    Phyllis Cole/noLngr

    Village Realty Holdings, LLC - Corolla

    (252) 202-2793

    2 in this area

    2 Total Sales

    Phyllis Cole/noLngr
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 123117

Outer Banks Association of REALTORS®

APN: 115B-000-0591-0000

North Carolina Currituck County Corolla 27927 Corolla

1041 Fearing Ct, Corolla, NC

This home is located at 1041 Fearing Ct, Corolla, NC 27927 since 13 August 2023 and is currently estimated at $696,457, approximately $299 per square foot. This property was built in 1989. 1041 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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