9 months on rocket

102 Meares St, Wilmington, NC, 28401

$125,000

0.07 Acres
Land

Location

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Property Highlights

Home TypeResidential Land
WaterfrontNone
MLS #100424208
Lot Size0.07 Acres
StatusActive

About 102 Meares St

Vacant building lot opportunity for sale in historic downtown Wilmington! Nestled at the corner of Front Street and Meares, this small buildable lot, zoned R-3, presents a blank canvas for your primary home or next investment. Build a cottage, bungalow or embrace the industrial vibe of the corridor and go big with the potential for a three-story residence, this prime location affords captivating views of the majestic Cape Fear River.Situated strategically, the property finds itself at the crossroads of Downtown, halfway between the trendy South Front District / Greenfield Lake, and the heartbeat of the Historic Downtown Central Business District. Immerse yourself in the rich cultural tapestry of Wilmington while enjoying the convenience of this coveted corner lot.Whether you're an investor seeking a lucrative buy-and-hold opportunity or a homeowner envisioning your ideal dwelling, this lot offers a diverse range of possibilities. Design your primary residence to capture the essence of historic Wilmington living or explore the potential for an income-producing rental property - the choice is yours.To make your vision a reality, we can provide access to house plans tailored to maximize the lot's potential. Additionally, our network includes reputable builder referrals, ensuring a seamless transition from concept to construction.Seize the moment to be a part of Wilmington's rich history! Don't miss out on this rare chance to own a slice of downtown paradise.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Innovate-Wilmington

Exterior Features

Exterior Information:

  • Waterfront: None

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.07 Acres

Other

Directions Information:

  • Directions: Corner of Front and Meares Downtown

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000
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Housing Market Comparison

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

Med. Sold Price

$425.5K

Med. Price/SqFt

$244

Avg. Days On Market

44

# of Sold Homes

265

102 Meares St vs Wilmington

295 DAYS ON ROCKET

+251 Days

$125,000

-$300.5K Less

KEY TAKEAWAY

This property is $300.5K less than the Median Sold Price in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100424208

Listing Office:

  • Office Name: Keller Williams Innovate-Wilmington

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: 11/17/2024, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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-401971
5
/10
  • Sunset Park Elementary School

  • 613 Alabama Ave

  • 1.01 miles

  • Public District Grades KG-5

school-card-donut-401972
5
/10
  • Douglass Academy

  • 507 N 6th St

  • 1.42 miles

  • Public Charter Grades KG-5

school-card-donut-401973
3
/10
  • Annie H Snipes Academy of Arts & Design

  • 2150 Chestnut St

  • 1.94 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $11,097. Most Wilmington, NC residents have annual incomes less than $35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 102 Meares St

What is the listing price of this property?

The listing price of 102 Meares St property is $125,000.

What type of property is this?

The property 102 Meares St is land located in Wilmington, North Carolina, 28401.

Is this property for sale now?

Active Listing: 102 Meares St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 102 Meares St is 0.07 acres.
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Rocket HomesNorth CarolinaNew Hanover CountyWilmington28401102 Meares St

This home is located at 102 Meares St in Wilmington, NC and zip code 28401 in the Dry Pond / South Side neighborhood. This home sits on a 0.07 acre lot. It has been listed on Rocket Homes since January 26, 2024 and is currently priced at $125,000.

In October 2024 more than 46 listings in Wilmington, NC were sold above the asking price. During the same period more than 66 listings were sold at asking price, while more than 153 were sold below. Between September 2024 and October 2024, Wilmington, NC real estate market has seen increase in the number of listings by 3.5%. While the average time on the market in October 2024 was 44 days, the median list price was $425,528.

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

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