NOT LISTED FOR SALE

Estimated Value: $284,000 - $372,000

2 Beds
2 Baths
1,195 Sq Ft
$284/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $370,000 $310 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,365/month

42 Days on Market

Highlights

  • Formal Dining Room
  • Tray Ceiling
  • Living Room
  • Fenced Yard
  • Patio
  • Resident Manager or Management On Site

About This Home

As of June 2024

Welcome to 1013 Summerlin Falls Dr, located in the heart of Wilmington, NC. This charming, turn-key, move-in ready residence offers a perfect blend of modern comfort and a coastal living oasis, is nestled in the desirable neighborhood of Summerlin Falls, and surrounded by lush greenery.As you step inside, you'll be greeted by an inviting ambiance filled with natural light streaming through ample windows, highlighting the lovely architectural details throughout the home. The open-concept floor plan seamlessly connects the living, dining, and kitchen areas, ideal for both entertaining and everyday living.The spacious living room features a Southern Exposure wall of glass Pella doors, custom built-in cherry bookcases, and a cozy gas fireplace, creating a warm focal point for gatherings with family and friends. Adjacent, the gourmet kitchen is a chef's delight, boasting beautiful cabinets and counters, a tray ceiling, stainless steel appliances, and ample cabinet space for storage. There is also a reverse osmosis filtration system installed under the kitchen sink! Retreat to the luxurious master suite, offering a peaceful sanctuary to unwind after a long day. Complete with a private courtyard, perfect for enjoying your morning coffee or evening glass of wine, an ensuite bathroom, this private oasis exudes relaxation and comfort.Additional highlights of this home include LVP Flooring throughout, generously sized guest bedrooms, perfect for accommodating family or visitors, as well as a versatile formal dining room that can be used as a home office, gym, media room, or additional bedroom to suit your lifestyle needs.Step outside to the backyard oasis, where you'll discover a tranquil retreat surrounded by beautiful, lush landscaping. Whether you're enjoying a morning cup of coffee on the patio or hosting a barbecue with loved ones, this outdoor space provides the perfect backdrop for outdoor living and entertaining year-round.Conveniently located...

Last Agent to Sell the Property

Andy Richardson

RE/MAX Essential License #238236 Listed on: 03/22/2024

RE/MAX Essential

Last Buyer's Agent

Donna Watson

Berkshire Hathaway HomeServices Carolina Premier Properties License #93462

Berkshire Hathaway HomeServices Carolina Premier Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,507

Year Built

  • Built in 1997

Lot Details

  • 2,701 Sq Ft Lot
  • Property fronts a private road
  • Fenced Yard
  • Property is zoned MF-L

HOA Fees

  • $363 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,195 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Gas Log Fireplace
  • Living Room
  • Formal Dining Room
  • Luxury Vinyl Plank Tile Flooring
  • Termite Clearance

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Side Facing Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Co-Op Water
  • Fuel Tank
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number R06500-003-080-000

Community Details

Overview

  • Master Insurance
  • Summerlin Falls HOA, Phone Number (910) 392-3130
  • Summerlin Falls Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,507

Year Built

Built in 1997

Lot Details

0

HOA Fees

$363 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: LVT/LVP
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 1st Floor Master, Ceiling - Trey, Gas Logs
  • List Price per Sq Ft: 313.81
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 7
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1195.00
  • Total Heated Primary Separate Sq Ft: 1195.00

Exterior Features

  • Exterior Finish: Fiber Cement
  • Fencing: Back Yard
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Patio
  • Road Type Frontage: Private
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Detached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Asphalt, Garage Faces Side, Off Street, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air
  • Utilities: Community Sewer, Community Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Maint - Grounds, Maint - Roads, Maintenance Structure, Management, Master Insure, Sewer, Street Lights, Termite Bond, Trash, Water
  • HOAAssociationFee1Year: 4356.00
  • HOAAssociationName: Summerlin Falls HOA
  • HOAAssociationPhone: 9103923130

Lot Info

  • Deed Page: 724.00
  • Lot Acres: 0.06
  • Lot Dimensions: irregular
  • Lot Sq Ft: 2701.00
  • Zoning: MF-L

Tax Info

  • Tax Identifier: R06500-003-080-000
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
May 28, 2024
Sold by
Reynolds Pamela A
Bought by
Gunning April
Seller's Agent
Andy Richardson
RE/MAX Essential
Buyer's Agent
Donna Watson
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$379,000
Sold Price
$370,000
Premium/Discount to List
-$9,000
-2.37%
Views
82
Current Estimated Value
$339,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,433
Avg. Annual Appreciation
-7.30%

Purchase Details

Closed on
Dec 11, 1997
Sold by
Landmark Homes Inc
Bought by
Reynolds Mark L Pamela A

Purchase Details

Closed on
May 12, 1997
Sold by
Landmark Land & Timber Inc
Bought by
Landmark Developers Inc

Purchase Details

Closed on
Nov 20, 1992
Sold by
Landmark Land & Timber Inc
Bought by
Wilmington City Of

Purchase Details

Closed on
Mar 22, 1991
Sold by
Landmark Organization Inc
Bought by
Landmark Land & Timber Inc

Purchase Details

Closed on
Jan 1, 1986
Sold by
Newkirk B W Jr Est
Bought by
Landmark Organization Inc
Source: Public Records

Range of Values:

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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
Gunning April $370,000 None Listed On Document
Reynolds Mark L Pamela A $137,500 --
Landmark Homes Inc -- --
Landmark Developers Inc -- --
Wilmington City Of -- --
Landmark Land & Timber Inc -- --
Landmark Organization Inc $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunning April $23,000
Previous Owner Reynolds Mark L $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $370,000 -1.3% $310 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/11/2024 04/11/24 Price Changed $375,000 -1.1% $314 / Sq Ft
03/22/2024 03/22/24 For Sale $379,000 -- $317 / Sq Ft
Source: Hive MLS

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 $1,507 $173,200 $51,300 $121,900
2023 -- $173,200 $51,300 $121,900
2022 $0 $173,200 $51,300 $121,900
2021 $1,533 $173,200 $51,300 $121,900
2020 $1,533 $145,500 $30,000 $115,500
2019 $1,533 $145,500 $30,000 $115,500
2018 $1,533 $145,500 $30,000 $115,500
2017 $1,533 $145,500 $30,000 $115,500
2016 $1,212 $109,400 $25,000 $84,400
2015 $1,159 $109,400 $25,000 $84,400
2014 $1,109 $109,400 $25,000 $84,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100434396

Hive MLS

APN: R06500-003-080-000