6 months on rocket

314 Red Cross St, Wilmington, NC, 28401

$775,000

Home List Price

$9,203*

Closing Credit

6 Bedrooms
4 Baths
3,062 SqFt
$253/SqFt
Multi

Location

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314 Red Cross St, Wilmington$775,000

Buyer Closing Credits

$9,203*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDirt, On Site, Off Street
Year Built1941
HeatingForced Air
CoolingCentral Air
FireplaceNone
MLS #100447050
Lot Size0.14 Acres
StatusActive

About 314 Red Cross St

In the heart of downtown. Walk everywhere. Fully occupied with long term tenants that want to continue to rent. Deep lot with storage building that can be converted to a ''tiny'' house. Space for an accessory building that can create additional income. Roof, HVAC units, windows replaced in 2021. No repairs needed. Just start collecting rent.

Property Details

Property Features

Property Information:

  • Year Built: 1941
  • Stories: 2
  • Living Area: 3,062 SqFt

Listing Office:

  • Office Name: G. Flowers Realty

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Wood
  • Interior: Apt/Suite, Smoke Detectors, Wash/Dry Connect
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Thermal Windows

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Redcross Street between 3rd & 4th

Price Information

Listing Price Info

Price Summary:

  • List Price: $775,000
  • Price Per SqFt: $253/SqFt

Tax Information:

  • Annual Amount: $1,568
  • 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

$428.3K

Med. Price/SqFt

$244

Avg. Days On Market

53

# of Sold Homes

218

314 Red Cross St vs Wilmington

188 DAYS ON ROCKET

+135 Days

$775,000

+$346.6K More

$253/SqFt

+$8 More

KEY TAKEAWAY

This property is $346.6K more than the Median Sold Price and $8/SqFt more than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100447050

Listing Office:

  • Office Name: G. Flowers Realty

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: 12/3/2024, 11:20:52 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$1,568$139,600
2019$1,568$139,600
2018$1,568$139,600
2017$1,594$139,600

History based on county public records data.

Payment Calculator

$3,935

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,390

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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-3467922
5
/10

  • Douglass Academy

  • 507 N 6th St

  • 0.18 miles

  • Public Charter Grades KG-5

school-card-donut-3467923
3
/10

  • Annie H Snipes Academy of Arts & Design

  • 2150 Chestnut St

  • 1.47 miles

  • Public Magnet Grades KG-5

school-card-donut-3467924
2
/10

  • Rachel Freeman School of Engineering

  • 2601 Princess Place Dr

  • 1.87 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 most common annual income of people living in Wilmington, NC is between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›New Hanover County›Wilmington›28401›314 Red Cross St

This home is located at 314 Red Cross St in Wilmington, NC and zip code 28401 in the Historic Downtown neighborhood. This 3,062 square foot home, which was built in 1941, sits on a 0.14 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 29, 2024 and is currently priced at $775,000.

In November 2024 more than 38 listings in Wilmington, NC were sold above the asking price. During the same period more than 47 listings were sold at asking price, while more than 133 were sold below. In November 2024 in Wilmington, NC there were 5.6% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $428,375, while the average time on the real estate market was 53 days.

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

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