NOT LISTED FOR SALE

1248 Fairwinds Ct Corolla, NC 27927

Estimated Value: $732,738 - $797,000

5 Beds
4.5 Baths
1,918 Sq Ft
$392/Sq Ft Est. Value

Last Sold November 08, 2012

Last sale price $315,000 $164 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $4,360/month

94 Days on Market

About This Home

As of November 2012

This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing. This outstanding house has much to offfer like, multiple sundecks, across the street from the tennis courts, clubhouse and amnenties. Great house with new paint and carpet. Come look and buy your dream house.

Last Agent to Sell the Property

Phyllis Bosomworth

Hall & Nixon Real Estate Inc License #46993 Listed on: 07/03/2012

Last Buyer's Agent

Jack & Carol Riggle

Outer Banks Realty Group License #185778

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,384

Year Built

  • Built in 1994

Lot Details

  • 8,712

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • 1,918 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • Villages At Ocean Hill Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 44

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,384

Year Built

Built in 1994

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Class: RESIDENTIAL
  • Bank Owned: Yes
  • Directions: 158 south to NC 12 North L on Currituck L on West Ocean Hill blvd., right on Lakeside, r on Fairwin
  • Heated Sq Ft: 1918
  • Sale/Rent: For Sale
  • Deed Book Pg Number: 366
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 1

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 1500

Lot Info

  • Lot Number: Lot 44
  • Deed Book: 1202

Building Info

  • Year Built: 1994

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 1383.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2012
Closed on
Nov 6, 2012
Sold by
Fannie Mae
Bought by
Schultz Robert C and Schultz Carole L
Seller's Agent
Phyllis Bosomworth
Hall & Nixon Real Estate Inc
Buyer's Agent
Jack & Carol Riggle
Outer Banks Realty Group
List Price
$359,900
Sold Price
$315,000
Premium/Discount to List
-$44,900
-12.48%
Current Estimated Value
$760,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,415
Avg. Annual Appreciation
6.81%
Original Mortgage
$252,000
Outstanding Balance
$173,135
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$578,050

Purchase Details

Closed on
May 4, 2012
Sold by
Gannon Edward J and Gannon Sarah B
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schultz Robert C -- None Available
Federal National Mortgage Association $488,816 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Robert C $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2012 11/08/12 Sold $315,000 -12.5% $164 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
07/03/2012 07/03/12 For Sale $359,900 -- $188 / 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
2025 $3,109 $375,200 $85,000 $290,200
2024 $3,109 $375,200 $85,000 $290,200
2023 $3,093 $375,200 $85,000 $290,200
2022 $2,350 $375,200 $85,000 $290,200
2021 $2,335 $317,800 $90,000 $227,800
2020 $1,954 $317,800 $90,000 $227,800
2019 $1,954 $317,800 $90,000 $227,800
2018 $1,954 $317,800 $90,000 $227,800
2017 $1,775 $317,800 $90,000 $227,800
2016 $1,775 $317,800 $90,000 $227,800
2015 $1,775 $317,800 $90,000 $227,800
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Phyllis Bosomworth

    Hall & Nixon Real Estate Inc

    Section Image

  • J

    Buyer's Agent in 2012

    Jack & Carol Riggle

    Outer Banks Realty Group

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 75472

Outer Banks Association of REALTORS®

APN: 114E-000-0044-0000

North Carolina Currituck County Corolla 27927

1248 Fairwinds Ct, Corolla, NC

Not Listed for Sale

Detached

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