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1321 Fathom Way

Morehead City, NC 28557

3 bd 3 ba 2,404 sqft Built 2021 Lot 10,019 sqft single_family
Most recent sale
$419,900
Feb 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 4, 2022 Sold $419,900 MLS #100273835
May 28, 2021 Listed $419,900 MLS #100273835
May 3, 2021 Sold $65,000 MLS #100216921

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $431,861 $96,990 $528,851 $3,099
2024 $431,861 $96,990 $528,851 $2,785
2023 $298,307 $60,000 $358,307 $1,233
2022 $271,777 $60,000 $331,777 $1,094
2021 $60,000 $60,000 $198
2020 $60,000 $60,000 $198
2019 $31,500 $31,500 $97
2018 $34,500 $34,500 $106
2017 $34,500 $34,500 $106
2016 $34,500 $34,500 $106
2015 $34,500 $34,500 $103

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,404 sqft
Lot size
10,019 sqft
ZIP code
28557
City
Morehead City
Street
Fathom Way
Coordinates
34.73613, -76.72369

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
$3,245
Gross rental yield
9.27%
Implied cap rate
6.03%
Trend-extrapolated value

Frequently asked questions

When did 1321 Fathom Way last sell?
1321 Fathom Way most recently sold on Feb 4, 2022 for $419,900.
What is the current tax assessment for 1321 Fathom Way?
The most recent total assessment for 1321 Fathom Way (year 2025) is $528,851 with $3,099 in property tax.
How does 1321 Fathom Way's assessment compare to its last sale price?
The current assessment is 25.9% above the last sale price of $419,900.
When was 1321 Fathom Way built?
1321 Fathom Way was built in 2021.
How does 1321 Fathom Way compare to others on Fathom Way?
We track 8 other properties on Fathom Way. Browse the list under "Other properties on Fathom Way" to compare beds, baths, and sale history.
What are the property facts for 1321 Fathom Way?
1321 Fathom Way is a 3 bed, 3 bath, 2,404 sqft, 10,019 sqft lot single_family.
Is 1321 Fathom Way a flip candidate?
Yes — 1321 Fathom Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1321 Fathom Way a tax-appeal candidate?
Yes — 1321 Fathom Way 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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