1653 Midland Rd Unit Lot 2 Corolla, NC 27927
Estimated payment $3,479/month
Highlights
- Coastal Architecture
- Corner Lot
- Entrance Foyer
- Cathedral Ceiling
- Soaking Tub
- Ceramic Tile Flooring
About This Home
**Seller willing to negotiate closing costs** Escape to the 4x4 beaches of Corolla with this well-maintained 4-bedroom, 3-bath home in Swan Beach! Netting nearly $80k in rental income, and with space for a future pool and potential to increase rental income. The open, light-filled living area welcomes you in, with a spacious kitchen featuring updated appliances and a screened porch right off of the kitchen that is perfect for outdoor dining. The primary suite is located off the main living space and offers a private retreat with a soaking tub and separate shower. On the second level, you’ll find 3 additional bedrooms and a full bathroom, providing plenty of space for family and guests. Updates in 2022: new roof, siding, septic drainfield and D-box, and water system, 2023: HVAC and deck railing. Outside, unwind on the expansive decks or in the hot tub after a day on the sand, or rinse off in the outdoor shower. Just a short drive over the dunes to the ocean and about 15 minutes down the beach to town—this home delivers the peace of remote living with convenient access to Corolla’s amenities. Perfect for a vacation getaway, income producing rental investment, or your own beach escape!
Listing Agent
Iron Valley Real Estate Virgin Brokerage Phone: 252-510-4873 License #318227 Listed on: 11/06/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,600
Year Built
- Built in 1986
Lot Details
- Corner Lot
Home Design
- Coastal Architecture
- Wood Siding
- Piling Construction
Interior Spaces
- 1,743 Sq Ft Home
- Cathedral Ceiling
- Entrance Foyer
- Utility Room
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
- Soaking Tub
Laundry
- Dryer
- Washer
Parking
- Unpaved Parking
- Off-Street Parking
Utilities
- Zoned Heating and Cooling System
- Heat Pump System
- Well
- Septic Tank
Community Details
- Swan Beach Subdivision
Listing and Financial Details
- Tax Block 2
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $1,934 | $258,100 | $55,000 | $203,100 |
| 2024 | $1,934 | $258,100 | $55,000 | $203,100 |
| 2023 | $1,925 | $258,100 | $55,000 | $203,100 |
| 2022 | $1,478 | $258,100 | $55,000 | $203,100 |
| 2021 | $1,470 | $222,900 | $54,600 | $168,300 |
| 2020 | $1,264 | $222,900 | $54,600 | $168,300 |
| 2019 | $1,260 | $222,900 | $54,600 | $168,300 |
| 2018 | $1,260 | $222,900 | $54,600 | $168,300 |
| 2017 | $1,228 | $222,900 | $54,600 | $168,300 |
| 2016 | $1,228 | $222,900 | $54,600 | $168,300 |
| 2015 | $1,224 | $222,900 | $54,600 | $168,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/17/2026 01/17/26 | Price Changed | $650,000 | -1.9% | $373 / Sq Ft |
| 12/03/2025 12/03/25 | Price Changed | $662,400 | -0.4% | $380 / Sq Ft |
| 11/06/2025 11/06/25 | For Sale | $664,900 | -- | $381 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $485,000 | Sharp Graham Baker & Varnell L | |
| Special Warranty Deed | $218,500 | Attorney | |
| Deed | -- | Attorney | |
| Warranty Deed | $200,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $291,000 | Balloon | |
| Previous Owner | $174,800 | New Conventional | |
| Previous Owner | $160,000 | Purchase Money Mortgage | |
| Closed | $145,500 | No Value Available |
Source: Outer Banks Association of REALTORS®
MLS Number: 130999
APN: 101A-000-0002-0002
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Ask me questions while you tour the home.