NOT LISTED FOR SALE

2056 Midnight Pass Corolla, NC 27927

Estimated Value: $272,000 - $376,000

13.3 Acres
$24,361 Price per Acre
579,348 Sq Ft Lot

Last Sold October 28, 2016

Last sale price $175,000

Est. 85% increase in value since last sale

Current estimated payment $1,838/month

188 Days on Market

Highlights

  • Home fronts a sound
  • Park or Greenbelt View
  • Level Lot

About This Lot

As of October 2016

Come see one of the most unique and peaceful large acreage on the Outer Banks! Situated on over 13 acres of pure privacy and serenity, the owners have begun site work on a beautiful site plan modeled after the old Currituck Hunt Club style that is sure to impress all nature lovers that desire something unique and tranquil. This plan will have 2 tree-lined driveways, large pond perfect for stocking with fish, a housepad with 8 bedroom septic approval positioned just off the pond and against the boundary of the property adjacent to the US Fish and Wildlife preserve. There is an additional site that can be utilized for a nice barn with heated living guest quarters that could overlook the wild horse conservation easement in the subdivision. The property already has 400 amp electric service installed and the pond is currently being excavated to the siteplan specifications. The live oak groves and mature pines onsite attract an abundance of wildlife including deer, wild horses, fox, osprey, and even a resident bald eagle. ALL this and the property has incredibly convenient beach access. You cannot find a more unique parcel on the Outer Banks anywhere near this price!

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 04/12/2016

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 04/12/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $297

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Park or Greenbelt Views

Lot Details

  • Home fronts a sound
  • Level Lot
  • Unpaved Streets

Utilities

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

Community Details

  • Wild Horse Esta Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$297

HOA Fees

$42 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Contact agent
  • Flood Zone: AE, Cobra, X
  • Headline: Incredible large parcel!
  • L V T Date: 04/14/2016
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Soundfront
  • Zoning: res
  • Deed Book Pg Number: 908
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Park Serv./Preserve

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 499

Lot Info

  • Lot Description: Adj to Park Serv./Preserv, Level
  • Deed Book: 1175
  • Unit/Lot Number: Lot # 11

Tax Info

  • Year: 2015
  • Taxes: 297

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2016
Closed on
Oct 26, 2016
Sold by
Currituck Investment Associates Llc
Bought by
Old Henrys Fishing Pond & Lodge Llc
Seller's Agent
Jason Summerton
Twiddy and Company - Wash Woods
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$198,000
Sold Price
$175,000
Premium/Discount to List
-$23,000
-11.62%
Current Estimated Value
$324,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,000
Avg. Annual Appreciation
6.77%

Purchase Details

Closed on
Oct 25, 2011
Sold by
Cherry Perry Contracting Llc
Bought by
Currituck Investment Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2011
Sold by
Perry Mark A
Bought by
Cherry Perry Contracting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2006
Sold by
Wild Horse Estates Llc
Bought by
Perry Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Old Henrys Fishing Pond & Lodge Llc $875,000 Attorney
Currituck Investment Associates Llc $67,000 None Available
Cherry Perry Contracting Llc $90,000 None Available
Perry Mark A $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Currituck Investment Associates Llc $130,000
Previous Owner Cherry Perry Contracting Llc $135,000
Previous Owner Perry Mark A $154,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2016 10/28/16 Sold $175,000 -11.6% --
10/17/2016 10/17/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $198,000 -- --
Source: Outer Banks Association of REALTORS®

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 $919 $148,200 $148,200 $0
2024 $919 $148,200 $148,200 $0
2023 $830 $148,200 $148,200 $0
2022 $682 $148,200 $148,200 $0
2021 $682 $61,800 $61,800 $0
2020 $297 $61,800 $61,800 $0
2019 $297 $61,800 $61,800 $0
2018 $0 $61,800 $61,800 $0
2017 $297 $61,800 $61,800 $0
2016 $297 $61,800 $61,800 $0
2015 -- $61,800 $61,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 92018

Outer Banks Association of REALTORS®

APN: 099C-000-0011-0000

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