NOT LISTED FOR SALE

Estimated Value: $215,397 - $443,000

0.34 Acre
$887,642 Price per Acre
14,985 Sq Ft Lot

Last Sold May 10, 2022

Last sale price $195,000

Est. 57% increase in value since last sale

Current estimated payment $1,715/month

6 Days on Market

About This Lot

As of May 2022

Incredible Semi-Oceanfront lot with unobstructed ocean views over unbuildable oceanfront lots. This is the perfect 1/3 acre site for your beach house or rental property. A future home here will have wave-breaking views in Swan Beach!! Lot is adjacent to a pedestrian easement leading right to the beach. Live like oceanfront for half the price! Survey and soil work from 2021 completed and on file.

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 03/29/2022

Co-Listed By

Emily Morris

Twiddy and Company - Wash Woods License #304377

Last Buyer's Agent

Julie Rozella

Corolla Beach Realty License #239808

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $851

Lot Details

  • Ocean Front
  • Unpaved Streets

Utilities

  • Private Water Source
  • Well
  • Private or Community Septic Tank

Community Details

  • Swan Beach Subdivision

Listing and Financial Details

  • Tax Block 5

Property Details

Property Type

Land

Est. Annual Taxes

$851

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: Cobra, VE
  • L V T Date: 03/29/2022
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 618
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Private, Well
  • Electric: Available

Lot Info

  • Deed Book: 1648
  • Unit/Lot Number: Lot #4

Tax Info

  • Year: 2021
  • Taxes: 851

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Aug 6, 2021
Sold by
Murphy Joseph B
Bought by
Fletcher Megan and Fletcher Erick T
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$305,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,349
Avg. Annual Appreciation
15.78%

Purchase Details

Listed on
Jul 16, 2012
Closed on
Oct 15, 2012
Sold by
The Trust Company Of Virginia
Bought by
Murphy Joseph Bracken
Seller's Agent
Margaret Allen
Margaret Allen Realty
Buyer's Agent
Deborah Deane
Default, Office
List Price
$110,000
Sold Price
$90,000
Premium/Discount to List
-$20,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Original Mortgage
$67,500
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2012
Sold by
Giguere Daniel M
Bought by
The Trust Company Of Virginia and The Daniel M Giguere Irrevocable Trust
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
Fletcher Megan $175,000 None Available
Murphy Joseph Bracken $90,000 None Available
The Trust Company Of Virginia -- None Available
Giguere Daniel M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Joseph Bracken $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $195,000 -2.5% --
04/04/2022 04/04/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $199,900 +14.2% --
09/02/2021 09/02/21 Sold $175,000 0.0% --
06/23/2021 06/23/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $175,000 +94.4% --
10/22/2012 10/22/12 Sold $90,000 -18.2% --
09/12/2012 09/12/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $110,000 -- --
Source: Outer Banks Association of REALTORS®

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 $1,147 $185,000 $185,000 $0
2023 $1,036 $185,000 $185,000 $0
2022 $851 $185,000 $185,000 $0
2021 $851 $90,300 $90,300 $0
2020 $433 $90,300 $90,300 $0
2019 $433 $90,300 $90,300 $0
2018 $0 $90,300 $90,300 $0
2017 $433 $90,300 $90,300 $0
2016 $433 $90,300 $90,300 $0
2015 -- $90,300 $90,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 118207

Outer Banks Association of REALTORS®

APN: 101A-005-0004-0001