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109 Fairway Dr

Morehead City, NC 28557

3 bd 2 ba 2,235 sqft Built 1992 Lot 20,473 sqft single_family
Most recent sale
$385,000
Apr 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2022 Sold $385,000 MLS #100315404
Mar 5, 2022 Listed $385,000 MLS #100315404
Aug 6, 2020 Sold $299,900 MLS #100223168
Jun 20, 2020 Listed $299,900 MLS #100223168
Jan 31, 2017 Listing removed $299,900 NCRCarteret
Dec 13, 2007 Listing removed $299,900 NCRCarteret
Jul 5, 2007 Listed $299,900 MLS #07-3835

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $375,641 $83,540 $459,181 $1,498
2024 $375,641 $83,540 $459,181 $1,248
2023 $170,630 $83,514 $254,144 $1,322
2022 $170,630 $83,514 $254,144 $1,296
2021 $170,630 $83,514 $254,144 $1,245
2020 $150,958 $83,514 $234,472 $1,112
2019 $160,125 $75,759 $235,884 $1,070
2018 $160,125 $75,759 $235,884 $1,070
2017 $160,125 $75,759 $235,884 $1,070
2016 $160,125 $75,759 $235,884 $905
2015 $160,125 $75,759 $235,884 $881

Property facts

Year built
1992
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,235 sqft
Lot size
20,473 sqft
ZIP code
28557
City
Morehead City
Street
Fairway Dr
Coordinates
34.73684, -76.83348

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,017
Gross rental yield
9.40%
Implied cap rate
6.11%
Trend-extrapolated value

Frequently asked questions

When did 109 Fairway Dr last sell?
109 Fairway Dr most recently sold on Apr 18, 2022 for $385,000.
What is the current tax assessment for 109 Fairway Dr?
The most recent total assessment for 109 Fairway Dr (year 2025) is $459,181 with $1,498 in property tax.
How does 109 Fairway Dr's assessment compare to its last sale price?
The current assessment is 19.3% above the last sale price of $385,000.
When was 109 Fairway Dr built?
109 Fairway Dr was built in 1992.
How does 109 Fairway Dr compare to others on Fairway Dr?
We track 8 other properties on Fairway Dr. Browse the list under "Other properties on Fairway Dr" to compare beds, baths, and sale history.
What are the property facts for 109 Fairway Dr?
109 Fairway Dr is a 3 bed, 2 bath, 2,235 sqft, 20,473 sqft lot single_family.
Is 109 Fairway Dr a flip candidate?
Yes — 109 Fairway Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 109 Fairway Dr a tax-appeal candidate?
Yes — 109 Fairway Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.5%
Implied 1-yr
+30.1%
2026 Q3
$889.3K
2026 Q4
$934.3K
ZIP 28557 — Median Price History + Forecast

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