NOT LISTED FOR SALE

1674 Midland Rd Corolla, NC 27927

Estimated Value: $44,012 - $579,000

0.34 Acre
$676,482 Price per Acre
14,810 Sq Ft Lot

Last Sold January 03, 2020

Last sale price $28,000

Est. 229% increase in value since last sale

Current estimated payment $500/month

10 Days on Market

Highlights

  • Home fronts a pond
  • Pond View
  • Corner Lot

About This Lot

As of January 2020

Terrific building lot in Swan Beach! Swan Beach is located in the 4 wheel drive area of Corolla. It is only a few miles down the beach to this location. Property sits on the corner with very easy access right down the street to the Atlantic Ocean and beach for your convenience. You can watch the Wild Spanish Mustangs roam the area, along with other wildlife of the Outer Banks. This is a great area for your new beach home!

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 11/08/2019

Co-Listed By

Janice Scarborough

Howard Hanna Outer Banks Realty License #265742

Last Buyer's Agent

Robert Godley

Kitty Hawk Land Company License #185619

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $262

Lot Details

  • 0.34 Acre Lot
  • Home fronts a pond
  • Corner Lot
  • Unpaved Streets

Property Views

  • Pond Views

Community Details

  • Swan Beach Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$262

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: AE, Cobra, X
  • Headline: Terrific Corner Location!
  • L V T Date: 11/08/2019
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Section: 2
  • Waterfront Location: Pondfront
  • Zoning: Res
  • Deed Book Pg Number: 474
  • 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

Exterior Features

  • View: Pond

Utilities

  • Electric: Available

Lot Info

  • Estimated Lot Sq Ft: 14810
  • Lot Description: Corner
  • Estimated Lot Size: 0.34
  • Deed Book: 1376
  • Unit/Lot Number: Lot 104

Tax Info

  • Year: 2019
  • Taxes: 262.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Dec 30, 2019
Sold by
Summerrton Two Llc
Bought by
Washkau Michael W and Washkau Pamela M
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Robert Godley
Kitty Hawk Land Company
List Price
$35,000
Sold Price
$28,000
Premium/Discount to List
-$7,000
-20%
Current Estimated Value
$92,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,139
Avg. Annual Appreciation
41.88%

Purchase Details

Closed on
Aug 4, 2016
Sold by
George Jennifer
Bought by
Summerton Two Llc

Purchase Details

Listed on
Jul 2, 2013
Closed on
Feb 4, 2014
Sold by
Summerton Two Llc
Bought by
George Jennifer
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Linda Meurer
WatersEdge Realty
List Price
$44,900
Sold Price
$40,900
Premium/Discount to List
-$4,000
-8.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.60%
Original Mortgage
$29,175
Interest Rate
4.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 7, 2005
Sold by
Damiani Janice and Damiani Brian
Bought by
Summerton Two Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
5.46%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Washkau Michael W $28,000 None Available
Summerton Two Llc $30,000 None Available
George Jennifer $41,000 None Available
Summerton Two Llc $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner George Jennifer $29,175
Previous Owner Summerton Two Llc $166,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2020 01/03/20 Sold $28,000 -20.0% --
11/18/2019 11/18/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $35,000 -14.4% --
02/14/2014 02/14/14 Sold $40,900 -8.9% -- View Prior Sale
02/05/2014 02/05/14 Pending -- -- --
07/02/2013 07/02/13 For Sale $44,900 -- --
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 $217 $35,000 $35,000 $0
2024 $217 $35,000 $35,000 $0
2023 $196 $35,000 $35,000 $0
2022 $161 $35,000 $35,000 $0
2021 $161 $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 2020

    Jason Summerton

    Twiddy and Company - Wash Woods

    (252) 202-0105

    339 in this area

    375 Total Sales

    Jason Summerton
    Section Image
  • Janice Scarborough

    Seller Co-Listing Agent in 2020

    Janice Scarborough

    Howard Hanna Outer Banks Realty

    (252) 722-2410

    36 in this area

    53 Total Sales

    Janice Scarborough
    Section Image

  • R

    Buyer's Agent in 2020

    Robert Godley

    Kitty Hawk Land Company

    (252) 207-4894

    79 Total Sales

    Robert Godley
    Section Image

  • L

    Buyer's Agent in 2014

    Linda Meurer

    WatersEdge Realty

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 107240

Outer Banks Association of REALTORS®

APN: 101A-000-0104-0002

North Carolina Currituck County Corolla 27927

1674 Midland Rd, Corolla, NC

Not Listed for Sale

Lots

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