2 months on rocket

1116 S 3rd St, Wilmington, NC, 28401

$285,000

Home List Price

$3,384*

Closing Credit

2 Bedrooms
1 Full Bath
962 SqFt
$296/SqFt
House

Location

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1116 S 3rd St, Wilmington$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel, On Site, Off Street
Year Built1897
HeatingHeat Pump
CoolingCentral Air
FireplaceNone
MLS #100462230
Lot Size0.17 Acres
StatusActive

About 1116 S 3rd St

Price Improved to $288,000! Welcome to 1116 S 3rd St! This beautifully renovated 962 sqft home combines modern updates with classic charm. Inside, you'll find a new, contemporary feel with new kitchen appliances, new roof, new hvac, updated flooring, fresh paint, landscaping, and new back gravel driveway.Enjoy ample outdoor space with large front and back porches, perfect for relaxing or entertaining. The property also includes convenient off-street parking.Located in an up-and-coming neighborhood just outside downtown Wilmington, this home is a short walk to the vibrant South Front District. Explore local favorites like Satellite Bar and Lounge, Benny's Big Time Pizzeria, and Axes & Allies--all just around the corner.Don't miss your chance to own a stylish and conveniently located home in one of Wilmington's most exciting areas!

Property Details

Property Features

Property Information:

  • Year Built: 1897
  • Stories: 1
  • Living Area: 962 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Carolina Premier Properties

Interior Features

Interior Information:

  • Interior: 1st Floor Master, Walk-in Shower, 9Ft+ Ceilings
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Gravel, On Site, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From 3rd street turn onto Marstellar then take a right on Roderick Alley which will lead to a gravel parking area behind the home. You can also park on 3rd street in front of the home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $296/SqFt

Tax Information:

  • Annual Amount: $325
  • 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

1116 S 3rd St vs Wilmington

82 DAYS ON ROCKET

+38 Days

$285,000

-$140.5K Less

$296/SqFt

+$51 More

KEY TAKEAWAY

This property is $140.5K less than the Median Sold Price and $51/SqFt more than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100462230

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Carolina Premier Properties

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: 11/13/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$325$61,700
2019$324$61,700
2018$325$61,700
2017$516$61,700

History based on county public records data.

Payment Calculator

$1,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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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.

Nearby Schools

school-card-donut-287800
5
/10

  • Sunset Park Elementary School

  • 613 Alabama Ave

  • 0.94 miles

  • Public District Grades KG-5

school-card-donut-287801
5
/10

  • Douglass Academy

  • 507 N 6th St

  • 1.46 miles

  • Public Charter Grades KG-5

school-card-donut-287802
1
/10

  • Forest Hills Global Elementary School

  • 602 Colonial Dr

  • 1.88 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 $11,097. Residents of Wilmington, NC typically earn less than $35k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1116 S 3rd St

What is the listing price of this property?

The listing price of 1116 S 3rd St property is $285,000.

What type of property is this?

The property 1116 S 3rd St is a house located in Wilmington, North Carolina, 28401.

Is this property for sale now?

Active Listing: 1116 S 3rd 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 $325 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1116 S 3rd St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1116 S 3rd St is 962 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1116 S 3rd St is 1897.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28401›1116 S 3rd St

This home is located at 1116 S 3rd St in Wilmington, NC and zip code 28401 in the Dry Pond / South Side neighborhood. This 962 square foot home, which was built in 1897, sits on a 0.17 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $285,000.

Over 46 listings were sold over their listed price in October 2024 in Wilmington, NC. In the same period over 153 listings were sold below the listed price and 66 listings were sold for the listed price. Between September 2024 and October 2024, Wilmington, NC real estate market has seen increase in the number of listings by 3.5%. Listings spent 44 days on the market in October 2024, and had a median list price of $425,528 during the same period.

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

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