NOT LISTED FOR SALE

Estimated Value: $906,000 - $3,223,053

0.68 Acre
$3,293,653 Price per Acre
29,621 Sq Ft Lot

Last Sold August 27, 2020

Last sale price $1,150,000

Est. 95% increase in value since last sale

Current estimated payment $13,635/month

410 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Wetlands on Lot
  • Maintained Community
  • Wrightsville Beach Elementary School Rated A-
  • Marsh on Lot

About This Lot

As of August 2020

1 if by land! 2 if by sea! Perhaps Wilmington's most sought after address, Summer Rest, at the foot of the scenic drawbridge to Wrightsville Beach provides easy walking access to the loop, Airlie Gardens, over 30 restaurants and the area's best shops. With only four home sites comprising Summer Rest Estates, each lot includes two 30 foot boat slips and the ability to build a generous home, pool and guest house. Build the home of your dreams on an estate size lot and start enjoying the best life . . . By land or by sea!

Last Agent to Sell the Property

Vance Young

Intracoastal Realty Corp License #245851 Listed on: 06/07/2019

Intracoastal Realty Corp

Last Buyer's Agent

Vance Young

Intracoastal Realty Corp License #245851 Listed on: 06/07/2019

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 212x151x211x130
  • Cleared Lot
  • Marsh on Lot
  • Property is zoned R-20

HOA Fees

  • $250 Monthly HOA Fees

Schools

  • Wrightsville Beach Elementary School
  • Noble Middle School
  • Hoggard High School

Utilities

  • Water Rights

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number R05714-003-012-000

Community Details

Overview

  • Summer Rest Subdivision
  • Maintained Community

Recreation

  • Deeded Waterfront Access Rights
  • Wetlands on Lot

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 212

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas
  • HOAAssociationFee1Year: 3000.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 503.00
  • Lot Description: Deeded Water Rights, Subdivision, Wetlands
  • Lot Dimensions: 212x151x211x130
  • Lot Number: 1
  • Lot Sq Ft: 29569.00
  • Lot Water Features: Deeded Water Rights, Water Access Comm
  • Plat Book: 36
  • Plat Page: 358
  • Zoning: R-20
  • Acres: 0.68
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 1838235.29
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Marsh/Wetland
  • Lot Number2: 1

Tax Info

  • Tax Identifier: R05714-003-012-000
  • Tax Year: 2018
  • Total Real Estate Property Taxes: 28997.00
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Wrightsville Beach
  • High School: Hoggard
  • Middle School: Noble
  • School District: New Hanover

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ellis Archibald K $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $1,150,000 0.0% --
07/21/2020 07/21/20 Pending -- -- --
06/07/2019 06/07/19 For Sale $1,150,000 -- --
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
2023 $14,179 $1,629,800 $799,000 $830,800
2022 $13,853 $1,629,800 $799,000 $830,800
2021 $9,831 $1,148,700 $799,000 $349,700
2020 $3,567 $338,600 $338,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100169674

Hive MLS

APN: R05714-003-015-000