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301 West Fearing Street

301 West Fearing Street, Elizabeth City, NC 27909
Sold Nov 18, 2021
$120,000
$90,000 by Finance Of America Commercial
Mortgage Due Dec 08, 2051
Sold Nov 18, 2021
$120,000
$90,000 by Finance Of America Commercial
Mortgage Due Dec 08, 2051
Local assessors in Elizabeth City, NC have categorized 301 West Fearing Street as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 6,229 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 301 West Fearing Street has a total of 1,941 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. Lots of asbestos shingle were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a steam heating system is the primary heating source and it is being fueled with oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 301 West Fearing Street sold most recently in Oct 4, 2021 for a total of $120,000. If you work out the math, that's approximately a cost of $61.82 per sqft. Before that, the property was also sold for $120,000 in Oct 4, 2021. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,359 in taxes each year. 301 West Fearing Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $86,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Quality: C+
  • Building Style: Traditional
  • Exterior Walls Type: Asbestos shingle
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,229
  • Total Building Area: 1,941
  • Gross Building Area: 1,941
  • Building Area: 1,941
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Steam
  • Heated Square Feet: 1,941
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DUPLEX 301 A&B ELIZABETH CITY INSID

Ownership

  • Current Owner : ADF PROPERTIES LLC
  • Previous Owner : MCCLUNG JOHN
  • Previous Owner 2: FRIEDMAN JONATHAN
  • Owner Before Previous Owner: MCCLUNG JOHN
  • Owner Before Previous Owner 2: FRIEDMAN JONATHAN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Pasquotank County Schools
  • Census Tract: 960400

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: 32-A-36
  • Account Number: 131098
  • Parcel: 891307794310
  • Municipality: EL
  • Latitude: 36.2996
  • Longitude: -76.2256

    Address

  • Full Address: 301 W Fearing St
  • Address - House Number: 301
  • Street Direction: W
  • Address - Street Name: Fearing
  • Address - Suffix Type: St
  • State: NC
  • City Name: Elizabeth City
  • Carrier Code: C006
  • 4-Digit Zip Code: 4705
  • Zip Code: 27909

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,359

    Appraisal Valuation

  • Standard Deviation: 0.2353
  • Valuation Date: May 17, 2023
  • Confidence Score: 67
  • Final Value: 149,850
  • High Value: 185,114
  • Low Value: 114,586

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $90,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA COMMERCIAL
  • First Open Lien Mortgage Recording Date: Nov 18, 2021
  • First Open Lien Mortgage Loan Amount: $90,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Dec 08, 2051

    Market Valuation

  • Market Total Value: $86,100
  • Market Land Value: $9,500
  • Market Improvement Value: $76,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $86,100

    Sales

  • Current Sale Contract Date: Oct 04, 2021
  • Current Sale Recording Date: Nov 18, 2021
  • Current Sale Transaction ID: 11869184058
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 468347
  • Previous Sale Recording Date: Nov 18, 2021
  • Previous Sale Contract Date: Oct 04, 2021
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA COMMERCIAL
  • First Mortgage Transaction Date: Nov 18, 2021
  • First Mortgage Loan Amount: $90,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Dec 08, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA COMMERCIAL
  • Previous Mortgage Transaction Date: Nov 18, 2021
  • Previous Mortgage Loan Amount: $90,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Dec 08, 2051

About Historic Elizabeth City



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Frequently Asked Questions

What neighborhood is 301 West Fearing Street located in?
The 301 West Fearing Street is a located in the neighborhood of Historic Elizabeth City in Historic Elizabeth City, Elizabeth City.
What is the average sales price for listings in 301 West Fearing Street?
The average sales price for units in 301 West Fearing Street is $0 currently.

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