NOT LISTED FOR SALE

1661 Midland Rd Corolla, NC 27927

Estimated Value: $1,029,000 - $1,216,000

0.34 Acre
$3,170,622 Price per Acre
14,985 Sq Ft Lot

Sale Details

Date Sold: May 31, 2022

Last sale price $69,900

Est. 1,460% increase in value since last sale

Current estimated payment $6,196 / mo

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2022
Sold by
Bought by
Current Estimated Value
$1,090,694

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
$556,764

Purchase Details

Listed on
Mar 29, 2022
Closed on
May 13, 2022
Sold by
Bought by
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
98.75%

Purchase Details

Closed on
Aug 22, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$419,500 Priority Title
$349,500 Gilreath James R
$200,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    315 in this area

    347 Total Sales

    Jason Summerton
    Section Image
  • Emily Morris

    Seller Co-Listing Agent in 2022

    Emily Morris

    Twiddy and Company - Wash Woods

    (703) 624-2737

    253 in this area

    267 Total Sales

    Emily Morris
    Section Image
  • Matt Preston

    Buyer's Agent in 2022

    Matt Preston

    Twiddy and Company - Corolla

    (252) 207-6143

    42 in this area

    146 Total Sales

    Matt Preston
    Section Image
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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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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