5 months on rocket

502 N 25th St, Wilmington, NC, 28405

$372,000

Home List Price

$4,418*

Closing Credit

3 Bedrooms
1 Full Bath
1,478 SqFt
$252/SqFt
House

Location

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502 N 25th St, Wilmington$372,000

Buyer Closing Credits

$4,418*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Paved
Year Built1952
HeatingForced Air, Heat Pump
CoolingCentral Air
FireplaceNone
MLS #100449524
Lot Size0.26 Acres
StatusActive

About 502 N 25th St

Charming 1952 home nestled in a prime location close to downtown, offering convenience and character without the restrictions of an HOA. This home boasts original hardwood floors, built in book shelves, planter box and lots of natural light. The kitchen offers stainless steel appliances, granite countertops and LVP flooring. The bathroom has been updated, a new roof in 2020 and a newly added fully fenced in backyard. The large laundry room leads out to a private backyard oasis, ideal for relaxing or entertaining. Sellers are providing a 2-10 home warranty for 1 year. Natural gas is available for hook up.

Property Details

Property Features

Property Information:

  • Year Built: 1952
  • Stories: 1
  • Living Area: 1,478 SqFt

Listing Office:

  • Office Name: Nest Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Stove, Refrigerator
  • Flooring Type: LVT/LVP, Wood
  • Interior: Blinds/Shades, Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street, Paved

Lot Features

Lot Information:

  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Market Street turn on 25th, home will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $372,000
  • Price Per SqFt: $252/SqFt

Tax Information:

  • Annual Amount: $1,555
  • 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

502 N 25th St vs Wilmington

157 DAYS ON ROCKET

+113 Days

$372,000

-$53.5K Less

$252/SqFt

+$7 More

KEY TAKEAWAY

This property is $53.5K less than the Median Sold Price and $7/SqFt more than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100449524

Listing Office:

  • Office Name: Nest 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: 11/14/2024, 5:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 27, 2019Home Sold
$169,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,555$147,600
2019$1,554$147,600
2018$1,555$147,600
2017$1,371$147,600

History based on county public records data.

Payment Calculator

$1,924

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,182

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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-210779
2
/10

  • Rachel Freeman School of Engineering

  • 2601 Princess Place Dr

  • 0.09 miles

  • Public Magnet Grades KG-5

school-card-donut-210780
3
/10

  • Annie H Snipes Academy of Arts & Design

  • 2150 Chestnut St

  • 0.46 miles

  • Public Magnet Grades KG-5

school-card-donut-210781
1
/10

  • Forest Hills Global Elementary School

  • 602 Colonial Dr

  • 0.97 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 $64,187. Most Wilmington, NC residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 N 25th St

What is the listing price of this property?

The listing price of 502 N 25th St property is $372,000.

What type of property is this?

The property 502 N 25th St is a house located in Wilmington, North Carolina, 28405.

Is this property for sale now?

Active Listing: 502 N 25th 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 $1,555 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 27, 2019 for $169,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 502 N 25th St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 502 N 25th St is 1,478 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 N 25th St is 1952.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28405›502 N 25th St

This home is located at 502 N 25th St in Wilmington, NC and zip code 28405 in the Princess Place neighborhood. This 1,478 square foot home, which was built in 1952, sits on a 0.26 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 10, 2024 and is currently priced at $372,000.

In October 2024, from all listings sold in Wilmington, NC there were more than 46 sold above asking price, over 153 sold below and more than 66 were sold right at the asked price. The number of homes for sale 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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