NOT LISTED FOR SALE

6945 Runningbrook Terrace Wilmington, NC 28411

Estimated Value: $1,014,000 - $1,261,000

4 Beds
4 Baths
4,413 Sq Ft
$269/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $949,000 $215 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,842/month

Highlights

  • Waterfront Community
  • Boat Dock
  • Clubhouse
  • Ogden Elementary School Rated A-
  • Water Access
  • Wood Flooring

About This Home

As of February 2024

Extraordinary long-term rental opportunity tucked away in the quiet and unique waterfront community of Demarest Landing in Wilmington, NC. This three-level custom built residence showcases 4,413 SqFt of unmatched beauty and classic detail throughout--from its beautiful hardwood floors, 9-foot ceilings and crown molding, to it's wide wrap around front porch, making this home a true gem in a coveted location. Set on a cul-de-sac, this beautiful wooden lot is surrounded by an abundance of trees and foliage. This pet-friendly home boasts four spacious bedrooms and four bathrooms. Located on the first floor is an updated eat-in kitchen that opens to a family room with a wood burning fireplace, leading to the formal dining room. Adjacent to the kitchen is a wet bar, laundry room, and a walk-in pantry. An expansive screened-in porch off of the family room allows residences to enjoy the lush greenery and tranquil outdoor setting. The first bedroom can be found on the first floor, and the remaining three are on the second floor. Additional entertainment space can be found on the third floor, where a 38x12 bonus room and spa-like bath including a soaking tub and steam shower are located. An oversized detached garage accommodates two cars with attic space above (shared space with homeowner). The back patio features an outdoor shower and a grill. Incredible neighborhood amenities include a community pool, tennis courts, a shared dock, boathouse, and walking trails. Convenient to premier shopping and a multitude of great restaurants in Mayfaire and Wrightsville Beach.

Last Agent to Rent the Property

Daniel Malechuk

Landmark Sotheby's International Realty License #338617 Listed on: 12/01/2023

Landmark Sotheby's International Realty

Last Renter's Agent

Daniel Malechuk

Landmark Sotheby's International Realty License #338617 Listed on: 12/01/2023

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,347

Year Built

  • Built in 1998

Lot Details

  • 0.51 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Corner Lot
  • Irrigation

Home Design

  • Wood Frame Construction

Interior Spaces

  • 4,413 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Bookcases
  • Ceiling height of 9 feet or more
  • Whole House Fan
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Workshop
  • Laundry Room

Kitchen

  • Built-In Self-Cleaning Double Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Walk-in Shower

Attic

  • Attic Fan
  • Attic Floors
  • Storage In Attic

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Additional Parking

Outdoor Features

  • Water Access
  • Wrap Around Porch
  • Screened Patio

Schools

  • Ogden Elementary School
  • Noble Middle School
  • Laney High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Tenant pays for cooling, deposit, electricity, gas, heating, trash removal, water
  • The owner pays for lawn maint
  • Tax Lot 29

Community Details

Overview

  • Property has a Home Owners Association
  • Demarest Landing Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Waterfront Community
  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,347

Year Built

Built in 1998

Lot Details

0

Rental Info

  • Owner Pays: Lawn Maint
  • Tenant Pays: Cooling, Deposit, Electricity, Gas, Heating, Trash Removal, Water
  • Leased Price Sq Ft: 1.13
  • Lease Price per Sq Ft: 1.13

Listing Details

  • Property Type: Residential Rental
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1998
  • Trash Collection: Private Service
  • Horses Y N: No
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Attic Fan, Eave Storage, Floored, Walk-In
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 4000 - 4499
  • Interior Amenities: 9Ft+ Ceilings, Blinds/Shades, Bookcases, Ceiling Fan(s), Foyer, Pantry, Security System, Smoke Detectors, Walk-in Shower, Walk-In Closet, Whole House Fan, Workshop
  • Laundry Location: Room
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 9
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 4413.00
  • Heated and Separate Living Space Sq Ft: 4413.00

Exterior Features

  • Exterior Features: Irrigation System, Storm Doors
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Porch Balcony Deck: Covered, Patio, Porch, Screened, Wrap Around
  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: No
  • Waterview: No
  • Pool Spa: None

Garage/Parking

  • Detached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Additional Parking, Garage Door Opener, On Site, Paved

Utilities

  • Appliances Equipment: Central Vac, Cooktop - Gas, Dishwasher, Disposal, Double Oven, Downdraft, Microwave - Built-In, Refrigerator, Self Cleaning Oven, Wall Oven
  • Cooling System: Attic Fans, Central, Heat Pump
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Fireplace(s), Forced Air, Heat Pump
  • 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
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Boat Dock, Clubhouse, Community Pool, Maint - Comm Areas, Maint - Roads, See Remarks, Sidewalk, Street Lights, Tennis Court(s), Trail(s), Trash

Condo/Co-op/Association

  • Pets Allowed: Dogs Ok

Schools

  • Elementary School: Ogden
  • Middle School: Noble
  • High School: Laney

Lot Info

  • Lot Acres: 0.51
  • Lot Description: Corner Lot, Cul-de-Sac Lot
  • Lot Number: 29
  • Lot Sq Ft: 22216.00
  • Lot Water Features: Water Access Comm, Waterfront Comm

MLS Schools

  • Elementary School: Ogden
  • Elementary School #2: Eaton
  • High School: Laney
  • Middle School: Noble

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Oct 6, 2023
Sold by
Edward Fay William and Bass Heather
Bought by
Ficalora Christopher and Sznyter Laura
Seller's Agent
Diana Holdridge
Intracoastal Realty Corp
Buyer's Agent
David Benford Group
Landmark Sotheby's International Realty
List Price
$949,000
Sold Price
$949,000
Views
6
Current Estimated Value
$1,189,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,247
Avg. Annual Appreciation
6.67%
Original Mortgage
$700,000
Outstanding Balance
$688,139
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$378,444

Purchase Details

Closed on
Jan 30, 2007
Sold by
Pugh Kirkland E and Pugh Barbara R
Bought by
Bass Fay William Edward and Bass Fay Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2002
Sold by
Desimone David Marian I
Bought by
Pugh Kirkland E Barbara R

Purchase Details

Closed on
Nov 4, 1996
Sold by
Demarest Landing Ltd Liability
Bought by
Desimone David Marian I

Purchase Details

Closed on
Feb 9, 1995
Sold by
Brock Danny R Faye S
Bought by
Demarest Landing Llc

Purchase Details

Closed on
Sep 1, 1994
Sold by
Stewart C V Clare H
Bought by
Demarest Landing Ltd Liability
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
Ficalora Christopher $949,000 None Listed On Document
Bass Fay William Edward $784,000 None Available
Pugh Kirkland E Barbara R $450,000 --
Desimone David Marian I $132,500 --
Demarest Landing Llc -- --
Demarest Landing Llc -- --
Demarest Landing Ltd Liability $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ficalora Christopher $700,000
Previous Owner Fay Heather Bass $170,000
Previous Owner Bass Fay William Edward $150,000
Previous Owner Pugh Kirkland Ellis $677,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Rented $5,000 0.0% --
12/01/2023 12/01/23 For Rent $5,000 0.0% --
10/23/2023 10/23/23 Sold $949,000 0.0% $215 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $949,000 -- $215 / 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 $4,347 $811,100 $227,000 $584,100
2022 $0 $811,100 $227,000 $584,100
2021 $4,453 $811,100 $227,000 $584,100
2020 $4,755 $751,700 $178,300 $573,400
2019 $4,755 $751,700 $178,300 $573,400
2018 $4,755 $751,700 $178,300 $573,400
2017 $4,867 $751,700 $178,300 $573,400
2016 $4,530 $653,700 $126,600 $527,100
2015 $4,210 $653,700 $126,600 $527,100
2014 $4,138 $653,700 $126,600 $527,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100417020

Hive MLS

APN: R04420-005-020-000