NOT LISTED FOR SALE

2078 Midnight Pass Corolla, NC 27927

Estimated Value: $273,000 - $312,000

10.01 Acres
$29,076 Price per Acre
436,036 Sq Ft Lot

Last Sold November 16, 2023

Last sale price $285,000

Est. 2% increase in value since last sale

Current estimated payment $1,598/month

About This Lot

As of November 2023

Great 10 acre wooded lot with 150ft of canal frontage and 1000ft+ bordering the USFW refuge. Lot has considerable x flood zone for building area. Property was off market sale entered in for comp purposes.

Last Agent to Sell the Property

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 10/25/2023

Co-Listed By

Emily Morris

Twiddy and Company - Wash Woods License #304377

Last Buyer's Agent

Jason Summerton

Twiddy and Company - Wash Woods License #231486 Listed on: 10/25/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $951

Lot Details

  • Home fronts a canal
  • Unpaved Streets

Property Views

  • Canal Views

Community Details

  • Wild Horse Esta Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$951

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: AE, Shaded X
  • Headline: 10 acre canafront!
  • L V T Date: 11/17/2023
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Waterfront Location: Canalfront
  • Zoning: SFR
  • Deed Book Pg Number: 935
  • 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: Canal

Utilities

  • Electric: Available

Lot Info

  • Deed Book: 1715
  • Unit/Lot Number: Lot #4

Tax Info

  • Year: 2023
  • Taxes: 950.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Oct 25, 2022
Sold by
Mayo Catherine Brooke and Mayo John T
Bought by
Grover William J and Grover Lauren D
Seller's Agent
Jean-Paul Peron
EXP Realty, LLC - Coastal
Buyer's Agent
Jason Summerton
Twiddy and Company - Wash Woods
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Current Estimated Value
$291,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,047
Avg. Annual Appreciation
1.93%
Original Mortgage
$2,065,250
Outstanding Balance
$1,809,440
Interest Rate
6.36%
Mortgage Type
New Conventional
Estimated Equity
-$1,518,393

Purchase Details

Closed on
Oct 21, 2006
Sold by
Ocean Front Vacationer Llc
Bought by
Mayo Catherine Brook and Wright John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Grover William J -- --
Mayo Catherine Brook $315,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grover William J $2,065,250
Previous Owner Mayo Catherine Brook $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2023 11/16/23 Sold $285,000 0.0% --
10/25/2023 10/25/23 Pending -- -- --
10/25/2023 10/25/23 For Sale $285,000 +3.6% --
11/11/2022 11/11/22 Sold $275,000 -6.8% -- View Prior Sale
09/25/2022 09/25/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $295,000 -- --
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
2024 $885 $142,700 $142,700 $0
2023 $951 $142,700 $142,700 $0
2022 $514 $142,700 $142,700 $0
2021 $656 $124,500 $124,500 $0
2020 $598 $124,500 $124,500 $0
2019 $598 $124,500 $124,500 $0
2018 $0 $124,500 $124,500 $0
2017 $598 $124,500 $124,500 $0
2016 $598 $124,500 $124,500 $0
2015 $598 $124,500 $124,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Summerton

    Seller's Agent in 2023

    Jason Summerton

    Twiddy and Company - Wash Woods

    (252) 202-0105

    350 in this area

    386 Total Sales

    Jason Summerton
    Section Image
  • Emily Morris

    Seller Co-Listing Agent in 2023

    Emily Morris

    Twiddy and Company - Wash Woods

    (703) 624-2737

    245 in this area

    262 Total Sales

    Emily Morris
    Section Image
  • Jean-Paul Peron

    Seller's Agent in 2022

    Jean-Paul Peron

    EXP Realty, LLC - Coastal

    (252) 564-9390

    175 in this area

    197 Total Sales

    Jean-Paul Peron
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 123968

Outer Banks Association of REALTORS®

APN: 099C-000-0004-0000

North Carolina Currituck County Corolla 27927

2078 Midnight Pass, Corolla, NC

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