NOT LISTED FOR SALE

1661 Midland Rd Corolla, NC 27927

Estimated Value: $1,034,000 - $1,198,000

0.34 Acre
$3,217,779 Price per Acre
14,985 Sq Ft Lot

Last Sold May 31, 2022

Last sale price $69,900

Est. 1,484% increase in value since last sale

Current estimated payment $6,195/month

11 Days on Market

About This Lot

As of May 2022

Great interior lot in Swan Beach. Beautiful Live Oak trees and the lot is mostly in the X flood zone. This would make an ideal getaway spot or vacation rental location. Future two story home should have ocean views.

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

Matt Preston

Twiddy and Company - Corolla License #288364

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $235

Lot Details

  • Unpaved Streets

Utilities

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

Community Details

  • Swan Beach Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$235

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: AE, Cobra, X
  • Headline: Great price!
  • L V T Date: 03/29/2022
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 2
  • Zoning: Res
  • Deed Book Pg Number: 777
  • 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: 1017
  • Unit/Lot Number: Lot #6

Tax Info

  • Year: 2021
  • Taxes: 235

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2022
Sold by
Esth Llc
Bought by
Hall Thomas L and Hall Chelsea
Current Estimated Value
$1,106,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$533,930
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$572,986

Purchase Details

Listed on
Mar 29, 2022
Closed on
May 13, 2022
Sold by
Duck Land Company Llc
Bought by
And Esth Llc
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Matt Preston
Twiddy and Company - Corolla
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.39%

Purchase Details

Closed on
Aug 22, 2007
Sold by
Twiddy Hadley F
Bought by
Duck Land Company Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hall Thomas L $419,500 Priority Title
And Esth Llc $349,500 Gilreath James R
Duck Land Company Llc $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Thomas L $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $69,900 0.0% --
04/09/2022 04/09/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $69,900 -- --
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
2025 $4,882 $711,800 $55,000 $656,800
2024 $4,882 $711,800 $55,000 $656,800
2023 $4,873 $210,000 $55,000 $155,000
2022 $253 $55,000 $55,000 $0
2021 $253 $54,600 $54,600 $0
2020 $262 $54,600 $54,600 $0
2019 $262 $54,600 $54,600 $0
2018 $262 $54,600 $54,600 $0
2017 $262 $54,600 $54,600 $0
2016 $262 $54,600 $54,600 $0
2015 $262 $54,600 $54,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Summerton

    Seller's Agent in 2022

    Jason Summerton

    Twiddy and Company - Wash Woods

    (252) 202-0105

    340 in this area

    376 Total Sales

    Jason Summerton
    Section Image
  • Emily Morris

    Seller Co-Listing Agent in 2022

    Emily Morris

    Twiddy and Company - Wash Woods

    (703) 624-2737

    252 in this area

    268 Total Sales

    Emily Morris
    Section Image
  • Matt Preston

    Buyer's Agent in 2022

    Matt Preston

    Twiddy and Company - Corolla

    (252) 207-6143

    41 in this area

    156 Total Sales

    Matt Preston
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 118203

Outer Banks Association of REALTORS®

APN: 101A-000-0006-0002

North Carolina Currituck County Corolla 27927

1661 Midland Rd, Corolla, NC

Not Listed for Sale

Lots

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