NOT LISTED FOR SALE

315 Summer Rest Rd Wilmington, NC 28405

Landfall Neighborhood

Estimated Value: $3,677,000 - $4,416,549

5 Beds
5.5 Baths
4,687 Sq Ft
$863/Sq Ft Est. Value

Last Sold September 03, 2014

Last sale price $2,150,000 $459 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $24,833/month

166 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Boat Slip
  • Waterfront
  • Wrightsville Beach Elementary School Rated A-
  • Intracoastal View
  • 1.01 Acre Lot

About This Home

As of September 2014

315 Summer Rest Road is a modern version of a historic Summer Rest cottage. Custom designed by Scott Sullivan for this spectacular one-of-a-kind waterfront site and meticulously built by master craftsman Ben Jurnigen in 2005. This five bedroom, five and a half bath home has a comfortable flowing floor plan accented by wide-plank heart pine Riverwood floors and craftsman style built-ins throughout. Numerous living areas open onto spacious porches overlooking Wrightsville Sound. Natural cherry wood cabinets, a wood burning fireplace, top of the line appliances and systems, 12 ceiling fans, whole house filtration system and a sealed crawl space makes this one of the most comfortable built-to-last homes in the area. The private pier has a 60 foot floating dock, 5000lb boat lift and a

Last Agent to Sell the Property

Karen Allison

Laney Real Estate Co. Listed on: 03/14/2014

Last Buyer's Agent

Paula Perkins

Intracoastal Realty Corp License #273576

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,402

Year Built

  • Built in 2005

Lot Details

  • 1.01 Acre Lot
  • Waterfront
  • Fenced Yard
  • Corner Lot
  • Irrigation
  • Property is zoned R-20

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 4,687 Sq Ft Home
  • 2-Story Property
  • Whole House Fan
  • Ceiling Fan
  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Intracoastal Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Boat Slip
  • Deck
  • Screened Patio
  • Gazebo
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,402

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2005
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: None
  • Flooring: Wood
  • Heated Sq Ft: 4500 - 4999
  • Interior Amenities: Ceiling Fan(s), Whole House Fan, Pantry
  • Laundry Location: Room
  • List Price per Sq Ft: 533.39
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedrooms: 5
  • Number Rooms: 11
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Other Level: First
  • Sq Ft Heated: 4687.00
  • Total Heated Primary Separate Sq Ft: 4687.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Structures: Gazebo
  • Fencing: Back Yard
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Porch, Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 3.00
  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Microwave - Built-In, Ice Maker, Disposal
  • Cooling System: Central
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2578.00
  • Lot Acres: 1.01
  • Lot Description: Corner Lot
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 44170.00
  • Lot Water Features: Boat Slip, Deeded Water Rights
  • Zoning: R-20
  • Lot View Type: ICW View

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2014
Closed on
Sep 3, 2014
Sold by
Galleher Earl P
Bought by
Zucker Barbara Hrbek and Zucker Benjamin L
Seller's Agent
Karen Allison
Laney Real Estate Co.
Buyer's Agent
Paula Perkins
Intracoastal Realty Corp
List Price
$2,575,000
Sold Price
$2,150,000
Premium/Discount to List
-$425,000
-16.5%
Current Estimated Value
$4,046,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,896,775
Avg. Annual Appreciation
4.33%

Purchase Details

Closed on
Jan 7, 2004
Sold by
Aea & L Llc
Bought by
Galleher Earl P

Purchase Details

Closed on
Sep 8, 2003
Sold by
Hunt Walter S Iii Sally K
Bought by
Aea & L Llc

Purchase Details

Closed on
Jul 1, 1988
Sold by
Hunt Walter S Iii Sally F
Bought by
Hunt Walter S Iii Sally K

Purchase Details

Closed on
Jul 1, 1983
Sold by
Mitchell Mark Douglas
Bought by
Summer Rest Investments

Purchase Details

Closed on
Apr 1, 1981
Sold by
Chiverton William S Maude
Bought by
Mitchell Mark Douglas
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
Zucker Barbara Hrbek $2,150,000 None Available
Galleher Earl P $1,250,000 --
Aea & L Llc $885,000 --
Hunt Walter S Iii Sally K -- --
Hunt Walter S Iii Sally F $100,000 --
Collins Glyne Jana F $285,000 --
Summer Rest Investments -- --
Mitchell Mark Douglas $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galleher Earl P $1,420,000
Previous Owner Galleher Earl P $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2014 09/03/14 Sold $2,150,000 -16.5% $459 / Sq Ft
08/27/2014 08/27/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $2,575,000 -- $549 / 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 $33,402 $3,839,300 $2,822,400 $1,016,900
2023 $33,402 $3,839,300 $2,822,400 $1,016,900
2022 $32,634 $3,839,300 $2,822,400 $1,016,900
2021 $32,857 $3,839,300 $2,822,400 $1,016,900
2020 $25,809 $2,450,100 $1,471,500 $978,600
2019 $22,998 $2,183,200 $1,471,500 $711,700
2018 $22,998 $2,183,200 $1,471,500 $711,700
2017 $22,998 $2,183,200 $1,471,500 $711,700
2016 $17,706 $1,598,000 $1,059,200 $538,800
2015 $16,923 $1,598,000 $1,059,200 $538,800
2014 $16,204 $1,598,000 $1,059,200 $538,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Karen Allison

    Laney Real Estate Co.

  • P

    Buyer's Agent in 2014

    Paula Perkins

    Intracoastal Realty Corp

    (484) 437-9218

    1 in this area

    30 Total Sales

    Paula Perkins
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Map

Source: Hive MLS

MLS Number: 30502904

Hive MLS

APN: R05714-003-008-000

North Carolina New Hanover County Wilmington 28405 Landfall

315 Summer Rest Rd, Wilmington, NC

This home is located at 315 Summer Rest Rd, Wilmington, NC 28405 since 14 March 2014 and is currently estimated at $4,046,775, approximately $863 per square foot. This property was built in 2005. 315 Summer Rest Rd is a home located in New Hanover County with nearby schools including Wrightsville Beach Elementary School, M.C.S. Noble Middle School, and New Hanover High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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