5 months on rocket

228 Mcrae St, Wilmington, NC, 28401

$427,900

Home List Price

$5,081*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,188 SqFt
$360/SqFt
Townhouse

Location

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228 Mcrae St, Wilmington$427,900

Buyer Closing Credits

$5,081*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOn Street, Street Only
Year Built1915
HeatingFireplace(s), Heat Pump, Gas Pack
CoolingCentral Air
WaterfrontNone
Fireplace2
MLS #100446282
Lot Size0.03 Acres
StatusActive

About 228 Mcrae St

Don't miss out on this TURNKEY FURNISHED one of a kind beautifully updated historical property in downtown Wilmington. Say goodbye to mowing and hello to downtown living! This 2 bedroom 2 bathroom boasts gorgeous hardwood floors, a newly renovated upstairs bathroom, an added half bath on the first floor, updated galley kitchen with brand new GE Cafe appliances including a gas oven/range, refrigerator, dishwasher, microwave, quartz countertops, new ventless washer/dryer combo, garbage disposal (2022). A few short blocks to the heart of downtown Wilmington, the Soda Pop District and the Brooklyn Arts District. Also only 4 miles to the airport and less than 10 miles to Wrightsville Beach! Fresh paint throughout, brand new GE Cafe Appliances, washer/dryer combo, electrical outlets (2023), gas hot water heater (2022), and coating on roof that transfers 10 year warranty (2022). The dining room showcases an incredible historic mural showing the history of Wilmington.HOA only $175/month, 9 members, covers building exterior, master insurance, and termite coverage. Fully furnished (except for a few personal items). 30 day minimum rentals allowed making it perfect for a part time residence.

Property Details

Property Features

Property Information:

  • Architectural Style: Historic District, Historic Home
  • Year Built: 1915
  • Stories: 2
  • Living Area: 1,188 SqFt

Listing Office:

  • Office Name: Fathom Realty Coastal

Interior Features

Interior Information:

  • Appliances: Convection Oven, Washer, Dishwasher, Gas Oven, Gas Stove, Self Cleaning Oven, Refrigerator, Microwave, Ice Maker, Dryer, Disposal, Gas Cooktop
  • Basement: No
  • Flooring Type: Wood
  • Interior: 9Ft+ Ceilings, Smoke Detectors, Gas Logs, Ceiling Fan(s), Blinds/Shades
  • Fireplace: 2

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: None, Storm Windows, Storm Doors

Parking Information:

  • Attached Garage: No
  • Parking: On Street, Street Only

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Fireplace(s), Heat Pump, Gas Pack
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From 3rd St turn east onto Grace St. Make a right at McRae St. Unit 9 is the end unit on the corner of Grace and McRae St. From Market St turn north onto N 7th St. Make a right turn at Grace St. Unit 9 is the end unit on the corner of Grace and McRae St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $427,900
  • Price Per SqFt: $360/SqFt

Tax Information:

  • Annual Amount: $974
  • 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

228 Mcrae St vs Wilmington

173 DAYS ON ROCKET

+129 Days

$427,900

+$2.3K More

$360/SqFt

+$115 More

KEY TAKEAWAY

This property is $2.3K more than the Median Sold Price and $115/SqFt more than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100446282

Listing Office:

  • Office Name: Fathom Realty Coastal

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$974$184,900
2019$973$184,900
2018$974$184,900
2017$681$184,900

History based on county public records data.

Payment Calculator

$2,203

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,349

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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-281765
5
/10

  • Douglass Academy

  • 507 N 6th St

  • 0.27 miles

  • Public Charter Grades KG-5

school-card-donut-281766
3
/10

  • Annie H Snipes Academy of Arts & Design

  • 2150 Chestnut St

  • 1.12 miles

  • Public Magnet Grades KG-5

school-card-donut-281767
2
/10

  • Rachel Freeman School of Engineering

  • 2601 Princess Place Dr

  • 1.55 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,500. The majority of Wilmington, NC residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 228 Mcrae St

What is the listing price of this property?

The listing price of 228 Mcrae St property is $427,900.

What type of property is this?

The property 228 Mcrae St is a townhouse located in Wilmington, North Carolina, 28401.

Is this property for sale now?

Active Listing: 228 Mcrae 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 $974 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 228 Mcrae St has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 228 Mcrae St is 1,188 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 228 Mcrae St is 1915.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28401›228 Mcrae St

This home is located at 228 Mcrae St in Wilmington, NC and zip code 28401 in the Hemenway neighborhood. This 1,188 square foot home, which was built in 1915, sits on a 0.03 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 23, 2024 and is currently priced at $427,900.

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. The number of listings in Wilmington, NC increased by 3.5% between September 2024 and October 2024. The median list price of listings available in October 2024 was $425,528, while the average time on the real estate market was 44 days.

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

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