4 months on rocket

1005 Queen St, Wilmington, NC, 28401

$125,000

Home List Price

$1,484*

Closing Credit

1 Bedroom
1 Full Bath
828 SqFt
$151/SqFt
House

Location

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1005 Queen St, Wilmington$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1938
HeatingForced Air
CoolingCentral Air
FireplaceNone
MLS #100457558
Lot Size0.06 Acres
StatusActive

About 1005 Queen St

Discover the potential of this fixer-upper located in the heart of downtown Wilmington. While in need of some TLC, this property offers a fantastic opportunity for both investors and future homeowners. Just moments away from the vibrant downtown area and beautiful beaches, it boasts an unbeatable location. With some repairs and renovations, this house can be transformed into a charming rental or a cozy residential home, making it a smart investment in a highly desirable area. Don't miss the chance to turn this diamond in the rough into a shining gem.Property is in minimum housing code violation for the City of Wilmington.

Property Details

Property Features

Property Information:

  • Year Built: 1938
  • Stories: 1
  • Living Area: 828 SqFt

Listing Office:

  • Office Name: Prosper Real Estate

Interior Features

Interior Information:

  • Interior: 1st Floor Master
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Heading West on Market St, turn left onto S 16th St. Then, Turn right onto Queen St. Property will be around 6 blocks down, on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000
  • Price Per SqFt: $151/SqFt

Tax Information:

  • Annual Amount: $276
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Wilmington, NC.

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Wilmington, NC

City

Med. Sold Price

$425.5K

Med. Price/SqFt

$244

Avg. Days On Market

44

# of Sold Homes

265

1005 Queen St vs Wilmington

121 DAYS ON ROCKET

+77 Days

$125,000

-$300.5K Less

$151/SqFt

-$94 Less

KEY TAKEAWAY

This property is $300.5K less than the Median Sold Price and $94/SqFt less than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100457558

Listing Office:

  • Office Name: Prosper Real Estate

IDX 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: 11/23/2024, 6:20:51 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

Mar 01, 2012Home Sold
$16,000
Mar 01, 2012Home Sold
$16,000

Tax History

YEARPROP. TAXASSESSMENT
2020$276$26,200
2019$275$26,200
2018$276$26,200
2017$359$26,200

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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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.

Nearby Schools

school-card-donut-946738
5
/10

  • Douglass Academy

  • 507 N 6th St

  • 1.09 miles

  • Public Charter Grades KG-5

school-card-donut-946739
3
/10

  • Annie H Snipes Academy of Arts & Design

  • 2150 Chestnut St

  • 1.18 miles

  • Public Magnet Grades KG-5

school-card-donut-946740
1
/10

  • Forest Hills Global Elementary School

  • 602 Colonial Dr

  • 1.24 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,107. Typical income of Wilmington, NC residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1005 Queen St

What is the listing price of this property?

The listing price of 1005 Queen St property is $125,000.

What type of property is this?

The property 1005 Queen St is a house located in Wilmington, North Carolina, 28401.

Is this property for sale now?

Active Listing: 1005 Queen St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $276 (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 1, 2012 for $16,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1005 Queen St has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1005 Queen St is 828 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1005 Queen St is 1938.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28401›1005 Queen St

This home is located at 1005 Queen St in Wilmington, NC and zip code 28401 in the Dry Pond / South Side neighborhood. This 828 square foot home, which was built in 1938, sits on a 0.06 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $125,000.

Wilmington, NC housing market in October 2024 saw over 46 listings sold above listed price, more than 66 sold at listed price and over 153 sold below. In October 2024 in Wilmington, NC there were 3.5% more homes for sale than in September 2024. In October 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $425,528.

From Rocket Homes Real Estate and based on county public records data.

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