1 year on rocket

106 N Water St Unit 404, Wilmington, NC, 28401

$412,000

Home List Price

$4,893*

Closing Credit

1 Bedroom
1 Full Bath
585 SqFt
$704/SqFt
Condo

Location

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106 N Water St Unit 404, Wilmington$412,000

Buyer Closing Credits

$4,893*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingLighted, Shared, Parking Lot, On Site
Year Built2000
HeatingHeat Pump
CoolingCentral Air, Heat Pump
WaterfrontNone
FireplaceNone
MLS #100403350
StatusActive

About 106 N Water St Unit 404

Welcome to the heart of Historic Downtown Wilmington. This Spectacular, fully furnished 1 bedroom, 1 bath condo is 585 square feet, located on the coveted 4th floor of the Water Street Building. This Condominium offers an unobstructed view of the majestic Cape Fear River, the iconic USS North Carolina battleship and further provides a unique advantage, with a picture-perfect view of the mesmerizing river activity, right from the cool comfort of your own living room, no need to step outside. And when you do step outside, you will greatly appreciate the large covered and protected balcony, offering the utmost privacy and panoramic river views. This property boasts easy maintenance laminate plank flooring, ceiling fans, and a new (1-year-old) water heater. The kitchen includes spacious granite counter tops, cabinets, and a full-sized oven/range. The building features 2 convenient, secure elevators and a shared owners onsite Parking Lot, just steps from your front door.In addition to the remarkable features of your new condo, its location offers a wealth of attractions and amenities, making it the perfect place. Indulge your culinary desires with an array of downtown's finest restaurants, the award-winning Wilmington River Walk, and Historical Sites, all within easy walking distance. And do not forget the many beaches and costal waterways that are only a short drive away.Whether you intend to call this condo your permanent residence, your part-time getaway, or place it as an AirBNB the HOA allows short-term rentals, making this property a hot commodity for both investors and homeowners alike.***NOTE: The HVAC is brand new and was installed on March 4, 2024! The condo is in excellent shape.

Property Details

Property Features

Property Information:

  • Year Built: 2000
  • Stories: 1
  • Living Area: 585 SqFt

Listing Office:

  • Office Name: Intracoastal Realty Corporation

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Stove, Washer, Refrigerator, Microwave, Humidifier, Dryer
  • Basement: No
  • Flooring Type: LVT/LVP
  • Interior: 9Ft+ Ceilings, Foyer, Sprinkler System, Smoke Detectors, Furnished, Blinds/Shades, Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: None

Parking Information:

  • Attached Garage: No
  • Parking: Lighted, Shared, Parking Lot, On Site

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air, Heat Pump

Other

Directions Information:

  • Directions: Facing north on 3rd St., turn left on Princess St., turn right on Water St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $412,000
  • Price Per SqFt: $704/SqFt
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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

106 N Water St Unit 404 vs Wilmington

442 DAYS ON ROCKET

+398 Days

$412,000

-$13.5K Less

$704/SqFt

+$459 More

KEY TAKEAWAY

This property is $13.5K less than the Median Sold Price and $459/SqFt more than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100403350

Listing Office:

  • Office Name: Intracoastal Realty Corporation

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: 11/21/2024, 7:20:51 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.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

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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-223148
5
/10
  • Douglass Academy

  • 507 N 6th St

  • 0.52 miles

  • Public Charter Grades KG-5

school-card-donut-223149
3
/10
  • Annie H Snipes Academy of Arts & Design

  • 2150 Chestnut St

  • 1.70 miles

  • Public Magnet Grades KG-5

school-card-donut-223150
5
/10
  • Sunset Park Elementary School

  • 613 Alabama Ave

  • 2.09 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,696. Most Wilmington, NC residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 106 N Water St Unit 404

What is the listing price of this property?

The listing price of 106 N Water St Unit 404 property is $412,000.

What type of property is this?

The property 106 N Water St Unit 404 is a condo located in Wilmington, North Carolina, 28401.

Is this property for sale now?

Active Listing: 106 N Water St Unit 404 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 106 N Water St Unit 404 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 106 N Water St Unit 404 is 585 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 106 N Water St Unit 404 is 2000.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28401›106 N Water St Unit 404

This home is located at 106 N Water St Unit 404 in Wilmington, NC and zip code 28401 in the Historic Downtown neighborhood. This 585 square foot home was built in 2000. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 05, 2023 and is currently priced at $412,000.

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%. In October 2024 median list price was $425,528 and the average listing age was 44 days.

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

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