NOT LISTED FOR SALE

Estimated Value: $91,000 - $265,000

0.34 Acre
$498,153 Price per Acre
14,810 Sq Ft Lot

Last Sold December 11, 2023

Last sale price $125,000

Est. 35% increase in value since last sale

Current estimated payment $951/month

15 Days on Market

About This Lot

As of December 2023

Discover your very own coastal haven in the heart of Swan Beach in the 4x4 section of Corolla -- Corolla's hidden gem. This vacant lot offers an unparalleled opportunity to construct your dream retreat amidst the untamed beauty of the Outer Banks. Bordering the Currituck National Wildlife Refuge, this location offers breathtaking views of the ocean and potentially the Currituck Sound. You'll wake up to the soothing sounds of waves and enjoy front-row seats to unforgettable sunrises and sunsets. Privacy and tranquility are yours as this property is a sanctuary of peace, allowing you to escape the hustle and bustle and reconnect with nature. Explore over 20 miles of unspoiled beachfront, collect seashells, take in the stunning vistas and of course -- don't forget about the Corolla Wild Horses!! Located completely in an X flood zone. This is your chance to own a piece of 4x4 paradise and transform your coastal dreams into reality.

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 10/18/2023

Co-Listed By

Courtney Snearer

Midgett Realty - Rodanthe License #309440

Last Buyer's Agent

Janice Scarborough

Howard Hanna Outer Banks Realt License #265742

Howard Hanna Outer Banks Realt

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $325

Lot Details

  • 0.34 Acre Lot
  • Unpaved Streets

Property Views

  • Ocean
  • Park or Greenbelt

Utilities

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

Community Details

  • Swan Beach Subdivision

Listing and Financial Details

  • Tax Block 14

Property Details

Property Type

Land

Est. Annual Taxes

$325

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: Cobra, X
  • L V T Date: 10/18/2023
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 1
  • Zoning: SFR
  • Deed Book Pg Number: 261
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0569
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean, Park Serv./Preserve

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Adj to Park Serv./Preserv
  • Estimated Lot Size: 0.34
  • Deed Book: 1626
  • Unit/Lot Number: Lot 9

Tax Info

  • Year: 2023
  • Taxes: 324.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Dec 11, 2023
Sold by
Torgesen Harald J and Torgesen Jennifer
Bought by
Heinbaugh Harry and Heinbaugh Alissa D
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Janice Scarborough
Howard Hanna Outer Banks Realt
List Price
$149,000
Sold Price
$125,000
Premium/Discount to List
-$24,000
-16.11%
Views
28
Current Estimated Value
$169,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,372
Avg. Annual Appreciation
19.44%

Purchase Details

Listed on
Feb 26, 2020
Closed on
May 5, 2021
Sold by
Ward Patricia and Ward Patricia A
Bought by
Torgesen Harald J and Torgesen Jennifer M
Seller's Agent
Jean-Paul Peron
EXP Realty, LLC - Coastal
Buyer's Agent
Jean-Paul Peron
EXP Realty, LLC - Coastal
List Price
$64,000
Sold Price
$64,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.15%
Original Mortgage
$48,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2013
Closed on
Sep 20, 2013
Sold by
Summerton One Llc
Bought by
Ford Patricia A
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Deborah Deane
Default, Office
List Price
$61,500
Sold Price
$57,500
Premium/Discount to List
-$4,000
-6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.41%

Purchase Details

Closed on
Apr 29, 2005
Sold by
Buchanan Scott and Buchanan Laurie
Bought by
Summerton One Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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
Heinbaugh Harry $125,000 None Listed On Document
Torgesen Harald J $64,000 None Available
Ford Patricia A $57,500 None Available
Summerton One Llc $2,050,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torgesen Harald J $48,000
Previous Owner Summerton One Llc $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $125,000 -16.1% --
11/02/2023 11/02/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $149,000 +132.8% --
05/28/2021 05/28/21 Sold $64,000 0.0% --
03/31/2021 03/31/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $64,000 0.0% --
02/26/2021 02/26/21 Off Market $64,000 -- --
02/26/2020 02/26/20 For Sale $64,000 +11.3% --
09/30/2013 09/30/13 Sold $57,500 -6.5% --
08/08/2013 08/08/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $61,500 -- --
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 $360 $58,000 $58,000 $0
2023 $325 $58,000 $58,000 $0
2022 $267 $58,000 $58,000 $0
2021 $267 $64,700 $64,700 $0
2020 $311 $64,700 $64,700 $0
2019 $311 $64,700 $64,700 $0
2018 $0 $64,700 $64,700 $0
2017 $311 $64,700 $64,700 $0
2016 $311 $64,700 $64,700 $0
2015 -- $64,700 $64,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 123705

Outer Banks Association of REALTORS®

APN: 101A-014-0009-0001