4 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

School Info

Assigned Schools Information:

  • New Hanover High School, Public District Grades 9-12
  • Isaac M Bear High School, Public District Grades 9-12
  • Wilmington Early College High School, Public District Grades 9-12
  • A H Snipes Academy of Arts/Des, Public District Grades PK-5
  • Dr John Codington Elementary School, Public District Grades KG-5
  • Dr Hubert Eaton Sr Elementary School, Public District Grades PK-5

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

$424.9K

Med. Price/SqFt

$243

Avg. Days On Market

48

# of Sold Homes

264

314 Red Cross St vs Wilmington

146 DAYS ON ROCKET

+98 Days

$775,000

+$350K More

$253/SqFt

+$10 More

KEY TAKEAWAY

This property is $350K more than the Median Sold Price and $10/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: 10/22/2024, 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.

Elementary School

school-card-donut-550271
3
/10

  • A H Snipes Academy of Arts/Des

  • 2150 Chestnut St

  • 1.45 miles

  • Public District Grades PK-5

school-card-donut-550272
6
/10

  • Dr John Codington Elementary School

  • 4321 Carolina Beach Rd

  • 5.39 miles

  • Public District Grades KG-5

school-card-donut-550273
9
/10

  • Dr Hubert Eaton Sr Elementary School

  • 6701 Gordon Rd

  • 6.62 miles

  • Public District Grades PK-5

High School

school-card-donut-550274
2
/10

  • New Hanover High School

  • 1307 Market St

  • 0.82 miles

  • Public District Grades 9-12

school-card-donut-550275
8
/10

  • Isaac M Bear High School

  • 630 Macmillan Ave N

  • 4.14 miles

  • Public District Grades 9-12

school-card-donut-550276
9
/10

  • Wilmington Early College High School

  • 4500 Blue Clay Rd

  • 6.89 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,500. Most Wilmington, NC residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically 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.

Over 40 listings were sold over their listed price in September 2024 in Wilmington, NC. In the same period over 155 listings were sold below the listed price and 69 listings were sold for the listed price. The inventory of homes for sale in Wilmington, NC between August 2024 and September 2024 decreased by 2.3%. Listings spent 48 days on the market in September 2024, and had a median list price of $424,945 during the same period.

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

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