NOT LISTED FOR SALE

1940 Simonton Dr Wilmington, NC 28405

Estimated Value: $345,000 - $410,000

3 Beds
2 Baths
1,720 Sq Ft
$215/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $222,900 $130 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,076/month

Highlights

  • Breakfast Area or Nook
  • Fenced Yard
  • Forced Air Heating System
  • Emma B. Trask Middle School Rated 9+
  • Living Room
  • Dogs and Cats Allowed

About This Home

As of February 2024

Built in 2020, this property has only had one set of tenants (and their pets) since new. Most types of pets are welcome. This home has 3 comfortable bedrooms and 2 spacious bathrooms for your enjoyment. The garage comes handy to park your spoiled vehicle or for storage purposes. Fully fenced back yard. Close to everything Wilmington has to offer. Long term rental (1-year lease minimum). Owner managed unit. Please schedule your showing soon and don't miss this rental while it is still available.

Last Agent to Rent the Property

Gerardo Andrade

STA Realty LLC License #295030 Listed on: 10/26/2023

Last Renter's Agent

Gerardo Andrade

STA Realty LLC License #295030 Listed on: 10/26/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020

Lot Details

  • 9,191 Sq Ft Lot
  • Fenced Yard

Home Design

  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,720 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Schools

  • Wrightsboro Elementary School
  • Trask Middle School
  • Laney High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Cane Garden Village Subdivision
  • Maintained Community

Listing and Financial Details

  • Tenant pays for cable TV, deposit, electricity, sewer, trash removal, water
  • The owner pays for hoa

Home Details

Home Type

Single Family

Year Built

Built in 2020

Lot Details

0

Rental Info

  • Owner Pays: HOA
  • Tenant Pays: Cable TV, Deposit, Electricity, Sewer, Trash Removal, Water
  • Leased Price Sq Ft: 1.22
  • Lease Price per Sq Ft: 1.22

Listing Details

  • Property Type: Residential Rental
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2020
  • Horses Y N: No
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: None
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 1st Floor Master
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Breakfast Nook Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Sq Ft Heated: 1720.00
  • Heated and Separate Living Space Sq Ft: 1720.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard
  • Porch Balcony Deck: None
  • Road Type Frontage: Paved
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street

Utilities

  • Cooling System: Heat Pump
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Condo/Co-op/Association

  • Pets Allowed: Cats Ok, Dogs Ok, Negotiable

Lot Info

  • Lot Acres: 0.21
  • Lot Sq Ft: 9191.00

MLS Schools

  • Elementary School: Wrightsboro
  • High School: Laney
  • Middle School: Trask

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Nov 24, 2020
Sold by
H & H Constructors Of Fayetteville Llc
Bought by
Luo Ning and Wang Yuling
Seller's Agent
Brian Lewis
Coldwell Banker Sea Coast Advantage
Buyer's Agent
White Espinosa Singh Team
Coldwell Banker Sea Coast Advantage-CB
List Price
$222,900
Sold Price
$222,900
Current Estimated Value
$370,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,517
Avg. Annual Appreciation
10.54%
Original Mortgage
$167,175
Outstanding Balance
$148,762
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$221,655

Purchase Details

Closed on
Mar 10, 2020
Sold by
Hoke Developers 3 Llc
Bought by
H & H Constructors Of Fayetteville Llc
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
Luo Ning $223,000 None Available
H & H Constructors Of Fayetteville Llc $650,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luo Ning $167,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2024 02/23/24 Rented $2,100 0.0% --
02/18/2024 02/18/24 Under Contract -- -- --
01/24/2024 01/24/24 Price Changed $2,100 -4.5% $1 / Sq Ft
10/26/2023 10/26/23 For Rent $2,200 0.0% --
11/24/2020 11/24/20 Sold $222,900 0.0% $129 / Sq Ft View Prior Sale
02/03/2020 02/03/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $222,900 -- $129 / 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
2025 $1,527 $390,100 $110,700 $279,400
2023 $1,210 $221,800 $61,000 $160,800
2022 $1,217 $221,800 $61,000 $160,800
2021 $1,214 $221,800 $61,000 $160,800
2020 $253 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Gerardo Andrade

    Landlord's Agent in 2024

    Gerardo Andrade

    STA Realty LLC

    (910) 264-1894

    5 in this area

    76 Total Sales

    Gerardo Andrade
    Section Image

  • B

    Seller's Agent in 2020

    Brian Lewis

    Coldwell Banker Sea Coast Advantage

  • W

    Buyer's Agent in 2020

    White Espinosa Singh Team

    Coldwell Banker Sea Coast Advantage-CB

See All Agents

Map

Source: Hive MLS

MLS Number: 100411684

Hive MLS

APN: R03400-003-068-000

North Carolina New Hanover County Wilmington 28405

1940 Simonton Dr, Wilmington, NC

Not Listed for Sale

Detached

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Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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