3 months on rocket

240 N Water St Unit 556, Wilmington, NC, 28401

$735,000

Home List Price

$8,728*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,389 SqFt
$529/SqFt
Condo

Location

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240 N Water St Unit 556, Wilmington$735,000

Buyer Closing Credits

$8,728*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Lighted, See Remarks, Paved, On Site, Off Street, Covered
Attached Garage2 spaces
Year Built2019
HeatingForced Air, Heat Pump
CoolingCentral Air
WaterfrontNone
FireplaceNone
MLS #100457995
Lot Size0.03 Acres
StatusActive

About 240 N Water St Unit 556

Welcome home to River Place in the heart of historic downtown Wilmington where you will enjoy captivating views of the Cape Fear River, the battleship, and the cityscape all from your private covered balcony. This unique 5th floor home is a corner unit providing an abundance of light and an additional picture window. The entrance leads you to a chef's kitchen complete with Kitchen Aid appliances, large center island with seating for 4, quartz countertops, new light fixtures, pantry with roll out drawers, and a large 1/2 bathroom for guests. The spacious living room is open to the kitchen and outdoor view. The master suite is large and leads you to the spa-like bathroom with dual vanity and glamor shower. A walk-in closet with built-in shelving is sure to please. The split floorplan puts the 2nd bedroom on the other side of the living room and provides space for most any size bed and there is room for a desk as well. An ensuite bathroom includes dual vanities and a walk-in closet. The focal point of the condo is the covered balcony with room for entertaining or just taking in amazing sunsets and activity on the river. Other interior details include a large laundry room that provides additional storage opportunities. In addition, the HOA dues for this unit provide for 2 reserved parking spots in the on-site parking garage, an amenity terrace with roof top pool, hot tub, fire pit, gas grills, outdoor shower and entertainment area along with a fully equipped fitness center. This specific unit also includes access to the Tower lobby with concierge services and club rooms featuring a pool table, meeting area, coffee/wet bar, pet spas and designated storage lockers on the ground floor. This is a must-see unit!

Property Details

Property Features

Property Information:

  • Year Built: 2019
  • Stories: 1
  • Living Area: 1,389 SqFt

Listing Office:

  • Office Name: Living Seaside Realty Group

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Stove, Range Hood, Refrigerator, Microwave, Disposal
  • Basement: No
  • Flooring Type: Carpet, Tile, Wood
  • Interior: 1st Floor Master, Solid Surface, Walk-In Closet, Walk-in Shower, Sprinkler System, Elevator, Kitchen Island, Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Assigned, Lighted, See Remarks, Paved, On Site, Off Street, Covered

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From I-40 take a right on MLK Hwy to downtown Wilmington. Take a right onto Grace Street. Building and parking deck is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $735,000
  • Price Per SqFt: $529/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

240 N Water St Unit 556 vs Wilmington

116 DAYS ON ROCKET

+72 Days

$735,000

+$309.4K More

$529/SqFt

+$284 More

KEY TAKEAWAY

This property is $309.4K more than the Median Sold Price and $284/SqFt more than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100457995

Listing Office:

  • Office Name: Living Seaside Realty Group

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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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-222003
5
/10
  • Douglass Academy

  • 507 N 6th St

  • 0.49 miles

  • Public Charter Grades KG-5

school-card-donut-222004
3
/10
  • Annie H Snipes Academy of Arts & Design

  • 2150 Chestnut St

  • 1.71 miles

  • Public Magnet Grades KG-5

school-card-donut-222005
1
/10
  • Forest Hills Global Elementary School

  • 602 Colonial Dr

  • 2.13 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. The majority of Wilmington, NC residents have income less than $35k annually. Most families are 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 240 N Water St Unit 556

What is the listing price of this property?

The listing price of 240 N Water St Unit 556 property is $735,000.

What type of property is this?

The property 240 N Water St Unit 556 is a condo located in Wilmington, North Carolina, 28401.

Is this property for sale now?

Active Listing: 240 N Water St Unit 556 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 240 N Water St Unit 556 has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 240 N Water St Unit 556 is 1,389 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 240 N Water St Unit 556 is 2019.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28401›240 N Water St Unit 556

This home is located at 240 N Water St Unit 556 in Wilmington, NC and zip code 28401 in the Historic Downtown neighborhood. This 1,389 square foot home, which was built in 2019, sits on a 0.03 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 27, 2024 and is currently priced at $735,000.

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. 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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