Closing Price:
$129,000
$129,000
110 Mallard Street,
Grandy, NC 27939
2 bd
1 ba
0 sq ft
MLS #: 129357
Status: Closed
SOLD Details
Status: Closed
Sold Price: $129,000.00
Closing Date: 6/10/2025
Contract Date: 5/31/2025
Seller Concessions: No
Total Days on Market: 15
Due Diligence Date: 6/1/2025
Listing Information
Area: Jarvisburg to Poplar Br.
Mls Status: Closed
Days On Market: 15
Cumulative Days On Market: 15
Listing Price: $129,000
Original Listing Price: $129,000
Possession: Close Of Escrow, Negotiable
Short Sale: No
Price Date: 5/16/2025
Furnishing Available: No
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 800
Total Living Area Sq Ft: 800
Asking Price Per SqFt: $161.00
BedroomsTotal: 2
Bathrooms Full: 1
Year Built: 1972
Garage: None
Sub Type: Single Family Residence
Appliances: None
Parking: Off Street, Unpaved
Pool: No
Builder Name: unknown
Construction Materials: Manufactured (Mobile)
Legal Description
Section: 2
County: Currituck
Subdivision: Walnut Island
Deed Book: 1720
Deed Book Page Number: 627/628
County Pin Number: 107B00F00060002
Price Change: 6/10/2025
Block: F
Tract: Lot 6
Road Surface: Paved, Public
Association Amenities: Boat Ramp, Boat Dock, Clubhouse, Playground, Sound Access, Common Area
Lot Details
Land Tax Value: $31,400.00
Total Assessed Value: $31,700.00
Lot Size Acres: 0.38
Lot Size Dimensions: 192.2'x141'x150.6'x59'
Lot Size Square Feet: 16650
Lot Features: Level
Lot Faces: E
Waterfront: More than 5th row
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2025
Annual Property Taxes: $488.00
Insurance Expenses: $NaN
Home Owner Insurance Expense: $NaN
Flood Zone: X
Flood Insurance Expense: $NaN
Water Source: Municipal
Yearly Water Expense: $NaN
Contract Status Change Date: 6/11/2025
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Includes: Building Maintenance, Maintenance Grounds, Management, Taxes
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply
Financials
Bill Of Sale Amoung: 0
Electroni Locks: None
Bank/Institution Owned: No
Exterior: Sheet Siding
Extras: Landscaped,Patio
Fuel Tanks: Leased
HOA Contact Name: Ronda Galko
Primary Residence: No
Street Frontage : 59
HOA Contact Info: 7575371822 wipoa11@gmail
Rental Income
Estimated Annual Rental Income: $14,400.00
Rental Performance: 0.1116
Gross Income YTD Amt: $NaN
Owner Rental Income 2026 Amount: $NaN
Avertised Income 2026 Amount: $NaN
Owner Rental Income 2025 Amount: $NaN
Avertised Income 2025 Amount: $NaN
Owner Rental Income 2024 Amount: $10,200.00
Avertised Income 2024 Amount: $NaN
Owner Rental Income 2023 Amount: $13,200.00
Avertised Income 2023 Amount: $NaN
Owner Rental Income 2022 Amount: $NaN
Avertised Income 2021 Amount: $NaN
Owner Rental Income 2021 Amount: $NaN
Avertised Income 2021 Amount: $NaN
Listing Agent Remarks
Only 12 Miles from the Outer Banks!
In Walnut Island - a Sound-front community with Boat Ramp, Boat Docks, Restaurant, Clubhouse, Playground & more!
Large Property (nearly 0.4-acre), more than Double the size of most lots in Walnut Island! The existing mobile home is a 2BR singlewide, manufactured in the 1970's, has been a long term rental property for the last decade or so. Its most recent tenant moved out earlier this year. Seller has cleared out the interior, leaving it ready for a new owner to renovate, or to sell & remove to make way for a new build!
SAVE OVER $25k IN CLEARING, GRADING, LANDSCAPING, CULVERT & DRIVEWAY, INSTALLING SEPTIC SYSTEM, COUNTY WATER TAP FEES, INSTALLING ELECTRICITY, SETTING UP PROPANE, & Much More - as all of these things have been done here, adding tremendous value and convenience for anyone looking to build a new house, or to place a new modular home or manufactured home! The septic system is in good, working condition, was pumped in 2024; county water on-site; electric on-site; propane on-site (above-ground tank leased from propane company). The lot is cleared and leveled, landscaped and groomed, and the culvert & driveway are done!
The Single-wide is in fair condition. It was lived-in up until a few months ago, and has since been cleaned out to make it much easier for its new owner to repair and renovate, or remove from the lot. It will convey by title with no warranty, as-is, where-is, as personal property with no attributed value.
Walnut Island is a wonderful residential community on the Currituck Sound with a canal system offering easy and convenient access to the open waters for days of fishing, sailing, jet skiing, water skiing, kayaking, power boating & more! There is a waterfront restaurant, boat ramp, boat dock, playground, clubhouse & more available for Walnut Island property owners who choose to opt in to the Owners Association (low monthly dues, please confirm dues for a prospective new owner of 110 Mallard w/ OA point of contact - wipoagrandync.com is Walnut Island POA website).
This property is one of the largest lots in Walnut Island; up to 5-times the size of most other lots! The beaches, shops, and restaurants on the OBX are only 12 miles away by car, or approximately 2 miles away by boat!!
Lower Currituck County is growing like a weed, and available properties are fewer, and harder to come by! Get out ahead of what is sure to be a Real Estate boon in the near future for Lower Currituck, as the Outer Banks is saturated & prices there are sky-high... Lower Currituck is the ONLY direction through which necessary future growth & development can gravitate!
As a long-term rental, the Seller was getting $1,100 per month for this property, and in less-than ideal condition (the mobile home is over 50 years old, and much of it was still original) until the renter moved out last year. As a favor for a friend of the church, the Seller allowed a single mother to rent the place for a reduced price of $850 per month - well below competitive rental rates for similar properties - but looking back to 2023/2024 when it was renting for $1,100 per month, the current long term rental market is experiencing an even greater need for rental inventory, as there are many people & families who are still looking for a fitting rental at a fair price.
This would make for a fantastic investment, whether you renovate the existing mobile home, or you choose to remove it and build a house, a modular or manufactured home, or something along those lines...
Or... build or buy your new coastal getaway & have an affordable piece of Real Estate only 15 minutes from the OBX - whether by car or by boat!
Directions
Southbound on HWY 168 (traveling toward OBX): - Turn LEFT onto Walnut Island Blvd (stoplight w/ Hardees & Royal Farms) - go approximately 0.1 mile, take FIRST RIGHT onto Mallard Street - 110 Mallard is the 6th property on right, sign should be in front yard, although it has disappeared once already, so look for the address marker also. - Lockbox is on the front door * Lot goes about 20 feet back into the woods at rear of property. ** Mobile Home will convey at no assigned or attributed value, As-Is, Where-Is. *** Please check that back door and front doors are both locked upon leaving.Official MLS Disclaimer
The data relating to real estate for sale on this web site comes from the Broker Reciprocity
Program of the Outer Banks Association of REALTORS. This property located at 110 Mallard Street in Grandy is provided
courtesy of The Rich Company of Ocracoke/OBX . Information is believed to be accurate but is not
warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX
information is provided by Shore Realty of the OBX exclusively for consumers, personal,
non-commercial use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing. If this page disappears from this site it
means the property at 110 Mallard Street in Grandy is no longer available for sale.
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