NOT LISTED FOR SALE

Estimated Value: $2,209,000 - $3,432,344

0.59 Acre
$4,780,800 Price per Acre
25,683 Sq Ft Lot

Sale Details

Date Sold: July 2, 2021

Last sale price $3,200,000

Est. 12% decrease in value since last sale

Current estimated payment $17,649 / mo

695 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 166 Feet of Waterfront
  • Maintained Community
  • Wrightsville Beach Elementary School Rated A
  • Wetlands on Lot

About This Lot

As of July 2021

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 slip and the ability to build a generous home, pool and guest house. Build the home of your dreams on an estate lot and start enjoying the best life. . . By land or by sea!

Last Agent to Sell the Property

Vance Young

Intracoastal Realty Corporation License #245851 Listed on: 01/02/2021

Intracoastal Realty Corporation

Last Buyer's Agent

Sally Seller

Non Member Office

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,379

Lot Details

  • 25,683 Sq Ft Lot
  • Lot Dimensions are 147 x 137 x 103 x 64 x 211
  • 166 Feet of Waterfront
  • Property fronts a state road
  • Property is zoned R-20

HOA Fees

  • $21 Monthly HOA Fees

Schools

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

Utilities

  • Water Rights

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number R05714-003-003-000

Community Details

Overview

  • Summer Rest HOA, Phone Number (910) 232-8850
  • Summer Rest Subdivision
  • Maintained Community

Recreation

  • Deeded Waterfront Access Rights
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$14,379

Lot Details

0.59 Acres

HOA Fees

$21 per month

Listing Details

  • Property Type: Land
  • Secondary Subdivision: N/A
  • Property Sub Type: Residential Lot
  • Original List Price: 3395000.00
  • Other Structures: None
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Acre: 5754237.29
  • Special Features: VirtualTour

Interior Features

  • Bathrooms Total Source: MLS

Exterior Features

  • Fencing: None
  • Road Frontage Type: ICW Front
  • Road Frontage Type: City Street, State Road, Paved
  • Road Surface Type: Paved
  • Waterfront Features: Deeded Water Rights, Water Access Comm
  • Waterfront?: Yes
  • Waterfront Footage: 166.00

Garage/Parking

  • Has Attached Garage?: No
  • Has Attached Garage?: No

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Source: Public
  • Fuel Tank Details: None
  • Sewer Provider: Municipal Sewer, Cape Fear Public Utility Authority
  • Electric Provider: Duke Energy
  • Water Provider: Cape Fear Public Utility Authority

Condo/Co-op/Association

  • Association Amenities: Maintenance Common Areas
  • Association Fees: 250.00
  • Association Fee Frequency: Annually
  • Association Name: Summer Rest HOA
  • Association Phone#: 9102328850
  • Has H O A?: Yes
  • Association Management Company Phone: 9102328850
  • Association Management Company: Summer Rest HOA

Schools

  • Elementary School: Wrightsville Beach
  • High School: Hoggard
  • Junior High Dist: New Hanover
  • Middle Or Junior School: Noble

Lot Info

  • Deed Book: 6208
  • Deed Page: 503.00
  • Lot Number: 4
  • Zoning: R-20
  • Current Use: Residential
  • Environmental Hazard: Unknown
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared,Marsh/Wetland
  • Lot Features: Deeded Water Rights, Subdivided, Wetlands, Water Access Comm
  • Lot Size Acres: 0.59
  • Lot Size: 147 x 137 x 103 x 64 x 211
  • Lot Size Sq Ft: 25683.00
  • Purchase Contract Date: 2021-05-02
  • Parcel#: R05714-003-003-000
  • Cobra Zone Y N: No
  • Federal Flood Insurance Available Y N: Yes
  • Deed Restriction Y N: No

Tax Info

  • Tax Year: 2020
  • Tax Block: 358
  • Tax Book Number: 36
  • Tax Map Number: 315716838736000
  • Tax Other Assessment Amount Frequency: no
  • Tax Amount: 14379.0

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/02/2021 07/02/21 Sold $3,200,000 -5.7% --
05/02/2021 05/02/21 Pending -- -- --
04/27/2021 04/27/21 Price Changed $3,395,000 +1.3% --
01/02/2021 01/02/21 For Sale $3,350,000 0.0% --
01/02/2021 01/02/21 Price Changed $3,350,000 +4.7% --
12/31/2020 12/31/20 Off Market $3,200,000 -- --
06/07/2019 06/07/19 For Sale $3,250,000 -- --
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $25,680 $4,363,600 $3,981,500 $382,100
2023 $28,425 $3,363,900 $3,014,200 $349,700
2022 $28,593 $3,363,900 $3,014,200 $349,700
2021 $28,788 $3,363,900 $3,014,200 $349,700
2020 $14,379 $1,365,000 $1,365,000 $0
Source: Public Records

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Map

Source: Hive MLS

MLS Number: 100169663

Hive MLS

APN: R05714-003-016-000

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