$197,901 - $225,000
RENTED NOV 11, 2024

705 Summertime Ln Unit D Wilmington, NC 28405

North College Neighborhood
2 Beds
2 Baths
1,124 Sq Ft
1996 Built

Last Sold November 23, 2016

Last sale price $85,000 $76 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,220/month

Highlights

  • Clubhouse
  • 1 Fireplace
  • Community Pool
  • M.C.S. Noble Middle School Rated A-
  • End Unit
  • Patio

About This Home

As of November 2024

***CHECK OUT THIS HUGE PRICE DROP! ******PLUS, SOME FREE RENT OFFERED**** ****PLUS, POSSIBLE SHORT-TERM LEASE*********$75 APPLICATION FEE IS WAIVED!!*****This end unit is in great condition and is ready for you to move in. Being on ground floor, no steps to climb and 2 assigned parking spaces. Lots of fun things to do such as swimming pool, tennis courts, sand court volleyball and more. Cape Cottages is located in a perfect spot for going to the beach or downtown. It is surrounded by restaurants and shopping. This ground floor condo is easy to access! 2-bedroom 2 bath open floor plan/dining and really spacious with 1200 sq. ft. Open plan living area. Fireplace provides a nice obeyance for those chilly nights. Even a washer/dryer included in rent Lots of closet space. Enclosed patio area. Rent also includes cable, Wi-Fi, and trash. Community pool, and a volleyball court and more for fun. At this price, I feel it will be rented soon so hurry up!!

Last Agent to Rent the Property

Jeff Ludwig

Ludwig Realty, Inc. License #337351 Listed on: 09/01/2024

Last Renter's Agent

Jeff Ludwig

Ludwig Realty, Inc. License #337351 Listed on: 09/01/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,010

Year Built

  • Built in 1996

Interior Spaces

  • 1,124 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Carpet

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • Additional Parking
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • End Unit

Listing and Financial Details

  • Tenant pays for cooling, water, heating, electricity, deposit
  • The owner pays for cable TV, pest control, trash removal, sewer, pool maintenance, lawn maint, hoa

Community Details

Overview

  • Property has a Home Owners Association
  • Master Insurance
  • Cape Cottages Subdivision
  • Maintained Community

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,010

Year Built

Built in 1996

Lot Details

0

Rental Info

  • Owner Pays: Cable TV, Pest Control, Trash Removal, Sewer, Pool Maintenance, Lawn Maint, HOA
  • Tenant Pays: Cooling, Water, Heating, Electricity, Deposit
  • Leased Price Sq Ft: 1.02
  • Lease Price per Sq Ft: 1.02

Listing Details

  • Property Type: Residential Rental
  • Sub Type: Condominium
  • Stories: 1.0
  • Stories Levels: 1st Floor, One, End Unit
  • Year Built: 1996
  • PetsAllowedPetsAllowed: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: 1
  • Flooring: Carpet
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 1st Floor Master, Pantry, Ceiling Fan(s)
  • Laundry Location: Closet, Kitchen
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Sq Ft Heated: 1124.00
  • Heated and Separate Living Space Sq Ft: 1124.00

Exterior Features

  • Fencing: None
  • Porch Balcony Deck: Patio
  • Road Type Frontage: Paved, Public (City/Cty/St)

Garage/Parking

  • Parking Driveway: Additional Parking, Parking Lot, Paved, Off Street, Assigned

Utilities

  • Appliances Equipment: Dishwasher, Washer, Stove/Oven - Electric, Refrigerator, Range, Microwave - Built-In, Ice Maker, Dryer, Disposal
  • Cooling System: Central, Heat Pump
  • Fuel Tank: None
  • Heating System: Fireplace(s), Heat Pump, 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: Cable Available, Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Master Insure, Management, Maintenance Structure, Maint - Grounds, Maint - Comm Areas, Community Pool, Clubhouse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2016
Closed on
Nov 22, 2016
Sold by
Pressley Danny R and Pressley Elizabeth
Bought by
Bullard Frances R
Seller's Agent
Nicholas Joseph
Cape Cottages Realty LLC
Buyer's Agent
Jill Jethwa
Dianne Perry & Company
List Price
$87,500
Sold Price
$85,000
Premium/Discount to List
-$2,500
-2.86%
Current Estimated Value
$208,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,475
Avg. Annual Appreciation
10.51%

Purchase Details

Closed on
Jun 9, 2006
Sold by
Morrison Robert M and Morrison Janice
Bought by
Pressley Danny R and Pressley Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2001
Sold by
Bullard Rebecca H
Bought by
Morrison Robert M Janice M

Purchase Details

Closed on
Jul 6, 2001
Sold by
Bullard Ii James Don
Bought by
Bullard Rebecca Holt

Purchase Details

Closed on
Mar 31, 1999
Sold by
Olivadese Salvatore A Calla
Bought by
Bullard Rebecca Holt

Purchase Details

Closed on
May 10, 1996
Sold by
Biltwell Inc
Bought by
Olivadese Salvatore A Calla

Purchase Details

Closed on
May 22, 1995
Sold by
Riddle Iii Joseph Palmer
Bought by
Biltwell Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bullard Frances R $86,000 None Available
Pressley Danny R $125,000 None Available
Morrison Robert M Janice M $87,500 --
Bullard Rebecca Holt -- --
Bullard Rebecca Holt $88,000 --
Olivadese Salvatore A Calla $79,000 --
Biltwell Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pressley Danny R $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2024 11/11/24 Rented $1,150 0.0% --
10/17/2024 10/17/24 Price Changed $1,150 -24.6% $1 / Sq Ft
10/07/2024 10/07/24 Price Changed $1,525 -3.2% $1 / Sq Ft
09/12/2024 09/12/24 Price Changed $1,575 -7.4% $1 / Sq Ft
09/04/2024 09/04/24 For Rent $1,700 0.0% --
09/02/2024 09/02/24 Price Changed $1,700 0.0% $2 / Sq Ft
11/23/2016 11/23/16 Sold $85,000 -2.9% $71 / Sq Ft
11/11/2016 11/11/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $87,500 -- $73 / 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 $1,010 $116,100 $0 $116,100
2022 $987 $116,100 $0 $116,100
2021 $994 $116,100 $0 $116,100
2020 $846 $80,300 $0 $80,300
2019 $846 $80,300 $0 $80,300
2018 $846 $80,300 $0 $80,300
2017 $846 $80,300 $0 $80,300
2016 $919 $82,900 $0 $82,900
2015 $878 $82,900 $0 $82,900
2014 $841 $82,900 $0 $82,900
Source: Public Records

Agents Affiliated with this Home

  • Jeff Ludwig

    Landlord's Agent in 2024

    Jeff Ludwig

    Ludwig Realty, Inc.

    (910) 619-1360

    11 Total Sales

    Jeff Ludwig
    Section Image

  • N

    Seller's Agent in 2016

    Nicholas Joseph

    Cape Cottages Realty LLC

    (910) 232-8409

    24 in this area

    31 Total Sales

    Nicholas Joseph
    Section Image

  • J

    Buyer's Agent in 2016

    Jill Jethwa

    Dianne Perry & Company

    (910) 332-0736

    58 Total Sales

    Jill Jethwa
    Section Image
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Map

Source: Hive MLS

MLS Number: 100464056

Hive MLS

APN: R04908-007-005-000

North Carolina New Hanover County Wilmington 28405 North College

705 Summertime Ln Unit D, Wilmington, NC

This home is located at 705 Summertime Ln Unit D, Wilmington, NC 28405 since 01 September 2024 and is currently priced at $208,475. This property was built in 1996. 705 Summertime Ln Unit D is a home located in New Hanover County with nearby schools including College Park Elementary School, M.C.S. Noble Middle School, and New Hanover High School.

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