NOT LISTED FOR SALE

1401 Fathom Way Morehead City, NC 28557

Estimated Value: $115,000

0.28 Acre
$410,714 Price per Acre
12,197 Sq Ft Lot

Last Sold August 24, 2023

Last sale price $100,000

Est. 15% increase in value since last sale

Current estimated payment $722/month

200 Days on Market

Highlights

  • Waterfront Community
  • Water Views
  • Water Access
  • Morehead City Primary School Rated A-
  • Boat Dock
  • Community Pool

About This Lot

As of August 2023

One of the few remaining lots in Mariner's Pointe. The community is within the city limits offering all city amenities including underground utilities, city sewer and water, and access to natural gas. Neighborhood amenities include a community dock, tennis and pickleball courts, pool, and clubhouse. All just minutes from the Morehead City waterfront, historic Beaufort, restaurants, and area beaches.

Last Agent to Sell the Property

Karen Ahern

RE/MAX Ocean Properties License #204646 Listed on: 01/12/2023

RE/MAX Ocean Properties

Last Buyer's Agent

Melissa Dees

Coldwell Banker Sea Coast AB License #313259

Coldwell Banker Sea Coast AB

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $426

Lot Details

  • 0.28 Acre Lot
  • Interior Lot
  • Level Lot
  • Cleared Lot

HOA Fees

  • $58 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Morehead City Elementary School
  • Morehead City Middle School
  • West Carteret High School

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 126
  • Assessor Parcel Number 638610367811000

Community Details

Overview

  • Mariner's Pointe Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Waterfront Community
  • Tennis Courts
  • Community Pool
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$426

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: See Remarks
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved
  • Waterfront: No
  • Waterview: Yes
  • Total Road Frontage: 58

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: City of Morehead City
  • Service Providers Water Provider: Carteret County
  • Utilities: Cable Available, Electricity Available, Municipal Sewer Available, Municipal Water Available, Natural Gas Available, Phone Available, Underground

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Dock, Maint - Comm Areas, Pool, Tax Comm Areas, Tennis
  • HOAAssociationFee1Year: 700.00

Lot Info

  • Lot Description: Development, Interior Lot, Level, Subdivision
  • Lot Dimensions: F58 x L163 x B88 x R173
  • Lot Number: 126
  • Lot Sq Ft: 12197.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Plat Book: 31
  • Plat Page: 104
  • Special Assessments: None Known
  • Zoning: Residential
  • Acres: 0.28
  • Current Use: Residential, Single Family, Vacant
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 380357.14
  • Soil Evaluation Other: City provider
  • Topography: Cleared, Level
  • Lot Number2: 126
  • Lot View Type: Water View

Tax Info

  • Tax Identifier: 638610367811000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 426.00

MLS Schools

  • Elementary School: Morehead City Elem
  • High School: West Carteret
  • Middle School: Morehead City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Aug 4, 2023
Sold by
Easterling Marshall and Easterling Tyler
Bought by
Dees James Jason and Dees Melissa
Seller's Agent
Karen Ahern
RE/MAX Ocean Properties
Buyer's Agent
Melissa Dees
Coldwell Banker Sea Coast AB
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%
Views
108
Current Estimated Value
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,000
Avg. Annual Appreciation
7.20%
Original Mortgage
$71,250
Interest Rate
6.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 25, 2006
Sold by
Natures Own Land Co
Bought by
Easterling Marshall and Easterling Tyler
Source: Public Records

Range of Values:

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Average Value
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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
Dees James Jason $100,000 None Listed On Document
Easterling Marshall $129,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dees James Jason $420,200
Closed Dees James Jason $421,700
Closed Dees James Jason $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $100,000 -6.1% --
07/31/2023 07/31/23 Pending -- -- --
07/11/2023 07/11/23 Price Changed $106,500 -3.2% --
01/12/2023 01/12/23 For Sale $110,000 -- --
Source: Hive MLS

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 $450 $60,000 $60,000 $0
2023 $204 $60,000 $60,000 $0
2022 $198 $60,000 $60,000 $0
2021 $198 $60,000 $60,000 $0
2020 $198 $60,000 $60,000 $0
2019 $98 $31,500 $31,500 $0
2017 $107 $34,500 $34,500 $0
2016 $107 $34,500 $34,500 $0
2015 $104 $34,500 $34,500 $0
2014 -- $42,750 $42,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100364409

Hive MLS

APN: 6386.10.36.7811000