NOT LISTED FOR SALE

Estimated Value: $1,663,000 - $3,949,406

3 Beds
2.5 Baths
2,925 Sq Ft
$969/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $2,247,500 $768 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $17,110/month

239 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Boat Dock
  • Boat Slip
  • Wrightsville Beach Elementary School Rated A-
  • Boat Lift
  • Intracoastal View

About This Home

As of April 2021

Truly charming, coastal cottage on sought after Summer Rest Road was renovated by respected master craftsman, Wright Holman. The home sits high on a bluff and offers exceptional views of the Intracoastal Waterway from its peaceful front porch. Enjoy the ease of water access provided by your private dock and boat slip with lift just out your front door. This home has all the fine features of a Wright Holman design including 5 inch Cape Fear Riverwood floors and mantle, custom trim and a large 1st floor Master Suite with private office and laundry. Three additional rooms are upstairs to accommodate all your guests. Enjoy a sunny morning in the Carolina room leading to a private backyard deck featuring a grand Live Oak. There is even a apartment over the carport / garage offering an additional 521 SF of guest space. An outdoor shower and fish cleaning area top off this backyard retreat. Charm, spectacular views, and its proximity to Wrightsville Beach, restaurants, shopping and walking trails make this one-of-a-kind! Meticulously maintained and move-in ready for this summer. Call today to schedule your private showing of the best that Wilmington has to offer.

Last Agent to Sell the Property

Kelli Lazzaro

Landfall Realty, LLC License #294244 Listed on: 07/12/2020

Last Buyer's Agent

Kraig Marquis

Keller Williams Innovate-Wilmington License #258999

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,536

Year Built

  • Built in 1937

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 125x214xx270x237x53x65
  • Waterfront
  • Wood Fence
  • Property is zoned R-20

Home Design

  • Block Foundation
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,925 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Gas Log Fireplace
  • Shutters
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room
  • Intracoastal Views
  • Hurricane or Storm Shutters

Kitchen

  • Gas Cooktop
  • <<builtInMicrowave>>
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bedroom Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Partially Finished Attic

Parking

  • 1 Car Detached Garage
  • 1 Detached Carport Space
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deeded Waterfront Access Rights
  • Boat Lift
  • Boat Slip
  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 3,5,7,9,11,10,12
  • Assessor Parcel Number R05714-002-009-000

Community Details

Overview

  • No Home Owners Association
  • Summer Haven Subdivision

Recreation

  • Boat Dock

Security

  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,536

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: Yes
  • Construction: Block
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1937
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Eave Storage, Floored - Partial
  • Basement: None
  • Dining Room Type: Kitchen
  • Fireplace: 2
  • Flooring: Carpet, Wood
  • Heated Sq Ft: 2800 - 2999
  • Interior Amenities: 9Ft+ Ceilings, Walk-In Closet, Gas Logs, Ceiling - Vaulted, Apt/Suite
  • Laundry Location: Closet
  • List Price per Sq Ft: 693.56
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 9
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bonus Room Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Office Level: First
  • Sunroom Level: First
  • Additional Living Spaces with Detached Garage Apartment Description: 521 SF
  • Sq Ft Heated: 2925.00
  • Sq Ft Heated Separate: 521.00
  • Total Heated Primary Separate Sq Ft: 3446.00

Exterior Features

  • Exterior Features: Gas Logs, Outdoor Shower, Shutters - Functional, Shutters - Board/Hurricane, Security Lighting
  • Exterior Finish: Wood Siding
  • Exterior Structures: Shower
  • Fencing: Wood
  • Foundation: Block
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Detached Carport Spaces: 1.00
  • Detached Garage Spaces: 1.00
  • Garage And Parking Driveway Spaces: 3.00
  • Total Carport Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Carport, Paved

Utilities

  • Appliances Equipment: Cooktop - Gas, Washer, Refrigerator, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Natural Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 447.00
  • Lot Acres: 0.51
  • Lot Dimensions: 125x214xx270x237x53x65
  • Lot Number: 3,5,7,9,11,10,12
  • Lot Sq Ft: 22216.00
  • Lot Water Features: Boat Dock, Deeded Water Access, Deeded Water Rights, Boat Slip, Boat Lift
  • Plat Book: 3,5,7,9,11 -book 36 and 10,12 -book 2
  • Plat Page: 3.,5,7,9,11 - page 336 and 10,12 page 122
  • Zoning: R-20
  • Lot View Type: ICW View, Water View

Tax Info

  • Tax Identifier: R05714-002-009-000
  • Tax Year: 2019
  • Total Real Estate Property Taxes: 17536.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2021
Sold by
Ferrell William A and Ferrell Laura E
Bought by
Lass Resort Llc
Current Estimated Value
$2,834,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,798,000
Outstanding Balance
$1,674,108
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$470,225

Purchase Details

Listed on
Jul 12, 2020
Closed on
Mar 30, 2021
Sold by
Guard Barbara W and Guard Ronald
Bought by
Ferrell William A and Ferrell Laura E
Seller's Agent
Kelli Lazzaro
Landfall Realty, LLC
Buyer's Agent
Kraig Marquis
Keller Williams Innovate-Wilmington
List Price
$2,390,000
Sold Price
$2,247,500
Premium/Discount to List
-$142,500
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.09%

Purchase Details

Closed on
Apr 2, 2002
Sold by
Black Carlos Sally Miles
Bought by
Guard Barbara W

Purchase Details

Closed on
Mar 4, 1993
Sold by
Black Lawanda M
Bought by
Black Carlos

Purchase Details

Closed on
Mar 27, 1991
Sold by
State Of North Carolina
Bought by
Black Carlos Lawanda M

Purchase Details

Closed on
Apr 7, 1989
Sold by
Starker Services Inc
Bought by
Black Carlos Lawanda M

Purchase Details

Closed on
Jul 1, 1969
Bought by
Sharkey Frances Faison
Source: Public Records

Range of Values:

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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
Lass Resort Llc -- Boston National Ttl Agcy Inc
Ferrell William A $2,247,500 None Available
Guard Barbara W $750,000 --
Black Carlos -- --
Black Carlos Lawanda M -- --
Black Carlos Lawanda M $192,500 --
Starker Services Inc -- --
Sharkey Frances Faison -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lass Resort Llc $1,798,000
Previous Owner Guard Ronald L $600,000
Previous Owner Guard Ronald L $405,000
Previous Owner Guard Ronald L $250,000
Previous Owner Guard Ronald L $417,000
Previous Owner Guard Ronald L $417,000
Previous Owner Guard Ronald L $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $2,247,500 -6.0% $768 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
12/02/2020 12/02/20 For Sale $2,390,000 0.0% $817 / Sq Ft
12/02/2020 12/02/20 Price Changed $2,390,000 -18.3% $817 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
07/12/2020 07/12/20 For Sale $2,925,000 -- $1,000 / 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
2023 $16,935 $1,819,400 $1,619,600 $199,800
2022 $15,465 $1,819,400 $1,619,600 $199,800
2021 $15,570 $1,819,400 $1,619,600 $199,800
2020 $17,536 $1,664,700 $1,293,600 $371,100
2019 $17,536 $1,664,700 $1,293,600 $371,100
2018 $17,536 $1,664,700 $1,293,600 $371,100
2017 $17,536 $1,664,700 $1,293,600 $371,100
2016 $13,193 $1,190,700 $930,600 $260,100
2015 $12,610 $1,190,700 $930,600 $260,100
2014 $12,074 $1,190,700 $930,600 $260,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100226499

Hive MLS

APN: R05714-002-008-000