Welcome to 403 Summer Rest Rd. This coastal masterpiece resides on a high bluff that is located on one of Wilmington's most scenic waterfront addresses. The property includes its own pier with deep water access accompanied by two boat lifts and a floating dock capable of holding a 50' yacht. Permitted for 4 slips.This gem offers the quiet tranquility of yesteryear, with views of the ICW and Wrightsville Beach from virtually every room. Spanish moss drapes the branches of a stately Live Oak Tree at the front of the property. A must-see for the most discriminating waterfront buyer. Pool sized backyard 1st loan assumable with approval from Region Bank.
Property Details
Property Features
Property Information:
Year Built: 2004
Stories: 2
Living Area: 4,989 SqFt
Listing Office:
Office Name: Landmark Sotheby's International Realty
Interior Features
Interior Information:
Appliances: Bar Fridge, Central Vacuum, Trash Compactor, Convection Oven, Gas Cooktop, Dishwasher, Disposal, Double Oven, Humidifier, Refrigerator, Self Cleaning Oven
Basement: No
Flooring Type: Carpet, See Remarks, Tile, Wood
Interior: 1st Floor Master, Ceiling Fan(s), Gas Logs, Security System, Smoke Detectors, Sprinkler System, Walk-in Shower, Walk-In Closet, Wet Bar
This property is $5.0M more than the Median Sold Price and $865/SqFt more than other homes in Wilmington, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #100428384
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: 4/28/2024, 7:25:18 PM 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 25, 2015
Mar 25, 2015Home Sold
$2,200,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$23,094
$2,192,300
2019
$23,093
$2,192,300
2018
$23,094
$2,192,300
2017
$16,648
$2,192,300
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.
$27.4K
Per Month
Principal & Interest
$27.4K
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
$16.5K
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 school0.97 miles
Public District Grades KG-5
7
/10
Dr Hubert Eaton Sr Elementary School
6701 Gordon Rd
Distance between this listing and this school3.26 miles
Public District Grades PK-5
4
/10
Dr John Codington Elementary School
4321 Carolina Beach Rd
Distance between this listing and this school7.18 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 school2.49 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 school3.83 miles
Public District Grades 9-12
5
/10
Emsley A Laney High School
2700 N College Rd
Distance between this listing and this school6.21 miles
Public District Grades 9-12
9
/10
Wilmington Early College High School
4500 Blue Clay Rd
Distance between this listing and this school7.91 miles
Public District Grades 9-12
Assigned Schools
7
/10
Wrightsville Beach Elementary School
220 Coral Dr
Distance between this listing and this school0.97 miles
Public District Grades KG-5
7
/10
Dr Hubert Eaton Sr Elementary School
6701 Gordon Rd
Distance between this listing and this school3.26 miles
Public District Grades PK-5
4
/10
Dr John Codington Elementary School
4321 Carolina Beach Rd
Distance between this listing and this school7.18 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 school2.49 miles
Public District Grades 6-8
Nearby Schools
4
/10
Roland-Grise Middle School
4412 Lake Ave
Distance between this listing and this school4.65 miles
Public District Grades 6-8
5
/10
Emma B Trask Middle School
2900 N College Rd
Distance between this listing and this school6.44 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 school3.83 miles
Public District Grades 9-12
5
/10
Emsley A Laney High School
2700 N College Rd
Distance between this listing and this school6.21 miles
Public District Grades 9-12
9
/10
Wilmington Early College High School
4500 Blue Clay Rd
Distance between this listing and this school7.91 miles
The neighbors living near this home have an average income of $124,337. Residents of Wilmington, NC typically earn between $100k-200k each year. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 403 Summer Rest Rd
What is the listing price of this property?
The listing price of 403 Summer Rest Rd property is $5,495,000.
What type of property is this?
The property 403 Summer Rest Rd is a house located in Wilmington, North Carolina, 28405.
Is this property for sale now?
Active Listing: 403 Summer Rest Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 403 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 $23,094 (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 25, 2015 for $2,200,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 403 Summer Rest Rd has 4 bedrooms and 5 full and 1 half bathrooms.
What is the square footage of this property?
The property 403 Summer Rest Rd is 4,989 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 403 Summer Rest Rd is 2004.
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 403 Summer Rest Rd in Wilmington, NC and zip code 28405 in the Landfall neighborhood. This 4,989 square foot home, which was built in 2004, sits on a 0.39 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $5,495,000.
In March 2024, from all listings sold in Wilmington, NC there were more than 54 sold above asking price, over 157 sold below and more than 53 were sold right at the asked price. The number of homes for sale in Wilmington, NC increased by 6.8% between February 2024 and March 2024. In March 2024 median list price was $409,102 and the average listing age was 39 days.
From Rocket Homes Real Estate and based on county public records data.