StatusAccepting Backup Offers (Pending with Showings)
About 205 Summer Rest Rd
Step back in time to one of Wilmington's most charming neighborhoods. The Summer Rest neighborhood has long been one of the most sought after locales. Located just steps from the Wrightsville Drawbridge, Summer Rest has long been a locals favorite, with a charm all its own. 205 Summer Rest Road is your chance to own a little slice of paradise. The home has gone through an extensive renovation over the last few years. Some of the new features include a gourmet kitchen, new master bath with sauna, new full-house generator, new Mahogany front door, new roof, new HVAC system, outdoor lighting, new windows, foam insulation and design by local firm Teal Interior Design. The home boasts an open floor plan, 4 bedrooms, 4.5 baths and over 3500 square feet over three stories. Enjoy water views from all three levels of porches of the Intracoastal waterway and saltwater pond to the southwest. The home conveys with deeded 31' boat-slip and boat-lift. Additionally, 205 Summer Rest is located in the highly coveted Wrightsville Beach School District and close to many of the areas best restaurants, shopping and the popular Summer Rest Trail. Schedule your showing today and make the most our of this rare opportunity to live the coastal lifestyle.
Property Details
Property Features
Property Information:
Year Built: 1997
Stories: 3
Living Area: 3,534 SqFt
Listing Office:
Office Name: Landmark Sotheby's International Realty
Interior Features
Interior Information:
Appliances: Gas Cooktop, Disposal, Double Oven, Down Draft, Dryer, Generator, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Electric Oven, Electric Stove, Range Hood, Washer
Isaac M Bear High School, Public District Grades 9-12
Emsley A Laney High School, Public District Grades 9-12
Wilmington Early College High School, Public District Grades 9-12
M C S Noble Middle School, Public District Grades 6-8
Wrightsville Beach Elementary School, Public District Grades KG-5
Dr Hubert Eaton Sr Elementary School, Public District Grades PK-5
Dr John Codington Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: Come east on Eastwood Rd and take a left on Summer Rest Road just before the Wrightsville Beach Drawbridge. Take your first left on Blue Avenue. House will be the third driveway on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $3,395,000
Price Per SqFt: $961/SqFt
Tax Information:
Annual Amount: $7,403
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Wilmington, NC.
This property is $2.9M more than the Median Sold Price and $725/SqFt more than other homes in Wilmington, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #100433783
Listing Office:
Office Name: Landmark Sotheby's International Realty
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/29/2024, 10:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 26, 2019
Mar 26, 2019Home Sold
$1,230,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$7,403
$702,800
2019
$7,567
$718,400
2018
$7,568
$718,400
2017
$5,089
$718,400
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$17K
Per Month
Principal & Interest
$16.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$10.2K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Wrightsville Beach Elementary School
220 Coral Dr
Distance between this listing and this school1.01 miles
Public District Grades KG-5
7
/10
Dr Hubert Eaton Sr Elementary School
6701 Gordon Rd
Distance between this listing and this school3.32 miles
Public District Grades PK-5
4
/10
Dr John Codington Elementary School
4321 Carolina Beach Rd
Distance between this listing and this school7.03 miles
Public District Grades KG-5
Middle School
5
/10
M C S Noble Middle School
6520 Market St
Distance between this listing and this school2.52 miles
Public District Grades 6-8
High School
8
/10
Isaac M Bear High School
630 Macmillan Ave N
Distance between this listing and this school3.71 miles
Public District Grades 9-12
5
/10
Emsley A Laney High School
2700 N College Rd
Distance between this listing and this school6.24 miles
Public District Grades 9-12
9
/10
Wilmington Early College High School
4500 Blue Clay Rd
Distance between this listing and this school7.95 miles
Public District Grades 9-12
Assigned Schools
7
/10
Wrightsville Beach Elementary School
220 Coral Dr
Distance between this listing and this school1.01 miles
Public District Grades KG-5
7
/10
Dr Hubert Eaton Sr Elementary School
6701 Gordon Rd
Distance between this listing and this school3.32 miles
Public District Grades PK-5
4
/10
Dr John Codington Elementary School
4321 Carolina Beach Rd
Distance between this listing and this school7.03 miles
Public District Grades KG-5
Assigned Schools
5
/10
M C S Noble Middle School
6520 Market St
Distance between this listing and this school2.52 miles
Public District Grades 6-8
Nearby Schools
4
/10
Roland-Grise Middle School
4412 Lake Ave
Distance between this listing and this school4.51 miles
Public District Grades 6-8
5
/10
Emma B Trask Middle School
2900 N College Rd
Distance between this listing and this school6.47 miles
Public District Grades 6-8
Assigned Schools
8
/10
Isaac M Bear High School
630 Macmillan Ave N
Distance between this listing and this school3.71 miles
Public District Grades 9-12
5
/10
Emsley A Laney High School
2700 N College Rd
Distance between this listing and this school6.24 miles
Public District Grades 9-12
9
/10
Wilmington Early College High School
4500 Blue Clay Rd
Distance between this listing and this school7.95 miles
The neighbors living near this home have an average income of $124,337. Typical income of Wilmington, NC residents is between $100k-200k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 205 Summer Rest Rd
What is the listing price of this property?
The listing price of 205 Summer Rest Rd property is $3,395,000.
What type of property is this?
The property 205 Summer Rest Rd is a house located in Wilmington, North Carolina, 28405.
Is this property for sale now?
Accepting Backup Offers: 205 Summer Rest Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 205 Summer Rest Rd are: Wrightsville Beach Elementary School: GreatSchools Rating 7/10Dr Hubert Eaton Sr Elementary School: GreatSchools Rating 7/10Dr John Codington Elementary School: GreatSchools Rating 4/10M C S Noble Middle School: GreatSchools Rating 5/10Isaac M Bear High School: GreatSchools Rating 8/10Emsley A Laney High School: GreatSchools Rating 5/10Wilmington Early College High School: GreatSchools Rating 9/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $7,403 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 26, 2019 for $1,230,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 205 Summer Rest Rd has 4 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 205 Summer Rest Rd is 3,534 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 205 Summer Rest Rd is 1997.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 205 Summer Rest Rd in Wilmington, NC and zip code 28405 in the Landfall neighborhood. This 3,534 square foot home, which was built in 1997, sits on a 0.42 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 20, 2024 and is currently priced at $3,395,000.
While more than 54 listings in Wilmington, NC in March 2024 were sold above asking price, there were more than 53 listings sold at asking price, and more than 157 were sold below. The inventory of homes for sale in Wilmington, NC between February 2024 and March 2024 increased by 6.8%. Listings spent 39 days on the market in March 2024, and had a median list price of $409,102 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
PGA/LPGA
PGA/LPGA
Skiing/snowboarding
College Football
Stein Mart
BJs Wholesale Club
Express/Express For Men
Cracker Barrel
Panera
Bob Evans
Lexus
Infiniti
Lincoln
Oldies
Adult Hits
News/Talk/Information