NOT LISTED FOR SALE

301 W Fearing St Elizabeth City, NC 27909

Downtown Elizabeth City Neighborhood

Estimated Value: $153,000 - $196,573

4 Beds
2 Baths
-- Sq Ft
6,215 Sq Ft Lot

Last Sold November 18, 2021

Last sale price $120,000

Est. 42% increase in value since last sale

Current estimated payment $1,043/month

68 Days on Market

About This Home

As of November 2021

Excellent investment opportunity with long term tenants already in place. Possible immediate cash flow! Entire front of the property has just been painted! Interior apartments have been well maintained. Downtown location with easy walk to waterfront, shopping, and restaurants. Two meters in place. Tenants pay own utilities. Downstairs unit has baseboard heat and upstairs has central gas heat. Downtown location offers easy walk to shopping, restaurants, and bars. Bring your investors to check this one out!, Off Street Parking spaces 1

Last Agent to Sell the Property

Audrey Armstrong Gri

Hall & Nixon Real Estate, Inc License #253521 Listed on: 07/01/2021

Last Buyer's Agent

Lauren Meads Underhill

Hall & Nixon Real Estate, Inc License #253318

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,359

Year Built

  • Built in 1930

Lot Details

  • 6,215 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Raised Foundation
  • Wood Frame Construction

Interior Spaces

  • 2-Story Property
  • Stove
  • Washer and Dryer Hookup

Parking

  • 1 Parking Space
  • Off-Street Parking

Schools

  • Elizabeth City Middle School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Baseboard Heating

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,359

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Construction: See Remarks, Wood Frame
  • Stories Levels: Two
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry Location: Hookup - Dryer, Hookup - Washer

Exterior Features

  • Foundation: Raised
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: See Remarks

Garage/Parking

  • Garage And Parking Driveway Spaces: 1.00
  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Cooling System: Wall/Window Unit(s)
  • Heating System: Baseboard
  • Service Providers Electric Provider: City of Elizabeth City
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric, Natural Gas

Association/Amenities

  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Book: 972
  • Deed Page: 148.00
  • Lot Acres: 0.14
  • Lot Description: Corner Lot
  • Lot Sq Ft: 6215.00
  • Lot Water Features: None

Tax Info

  • Tax Year: 2020

Multi Family

  • Number Total Units: 2

MLS Schools

  • Middle School: Elizabeth City Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2007
Sold by
Bunn Richard S and Bunn Sharon B
Bought by
Mcclung John and Mcclung Jonathan
Current Estimated Value
$170,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2006
Sold by
Lamb Sarah Virginia and Brown Barbara Bunn
Bought by
Bunn Lamb Sarah Virginia
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
Mcclung John $115,000 None Available
Bunn Lamb Sarah Virginia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclung John $104,500
Closed Mcclung John $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Sold $120,000 0.0% --
10/19/2021 10/19/21 Off Market $120,000 -- --
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 $1,359 $86,100 $0 $0
2023 $1,366 $86,100 $0 $0
2022 $1,359 $86,100 $0 $0
2021 $1,262 $62,100 $0 $0
2020 $1,203 $62,100 $0 $0
2019 $1,203 $62,100 $0 $0
2018 $1,209 $62,100 $0 $0
2017 $1,209 $62,100 $0 $0
2016 $1,203 $62,100 $0 $0
2014 -- $62,100 $7,600 $54,500
2013 -- $76,600 $10,800 $65,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Audrey Armstrong Gri

    Hall & Nixon Real Estate, Inc

    (252) 202-2448

    5 in this area

    28 Total Sales

    Audrey Armstrong Gri
    Section Image

  • L

    Buyer's Agent in 2021

    Lauren Meads Underhill

    Hall & Nixon Real Estate, Inc

    (252) 335-8600

    13 in this area

    104 Total Sales

    Lauren Meads Underhill
    Section Image
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Map

Source: Hive MLS

MLS Number: 8104512

Hive MLS

APN: 891307794310

North Carolina Pasquotank County Elizabeth City 27909 Downtown Elizabeth City

301 W Fearing St, Elizabeth City, NC

This home is located at 301 W Fearing St, Elizabeth City, NC 27909 since 01 July 2021 and is currently estimated at $170,643. This property was built in 1930. 301 W Fearing St is a home located in Pasquotank County with nearby schools including Sheep-Harney Elementary School, Elizabeth City Middle School, and Pasquotank 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.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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