Land Development opportunity located in City of Wilmington's Central Business District. This 1.579 Acres parcel is located right in center of the Downtown Area. This parcel use to be the old WWAY site that is positioned directly across from the Wilmington Convention Center. Incredible potential to expand in the fast paced growth of the Wilmington Downtown area.
Property Details
Property Features
Listing Office:
Office Name: Intracoastal Realty Corp
Exterior Features
Exterior Information:
Waterfront: None
Lot Features
Lot Information:
Lot: See Remarks
Lot Size: 1.58 Acres
Other
Directions Information:
Directions: Take Market Street toward Downtown, turn right on N Front Street. Follow toward Downtown Convention Center.
Price Information
Listing Price Info
Price Summary:
List Price: $5,495,000
Tax Information:
Annual Amount: $16,516
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Wilmington, NC.
This property is $5.0M more than the Median Sold Price in Wilmington, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #100470103
Listing Office:
Office Name: Intracoastal Realty Corp
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, 6:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 13, 2018
Mar 13, 2018Home Sold
$1,575,000
Mar 06, 2006
Mar 06, 2006Home Sold
$1,551,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$16,516
$1,470,200
2019
$19,097
$1,470,200
2018
$19,098
$1,700,000
2017
$25,955
$3,063,800
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$27.4K
Per Month
Principal & Interest
$27.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$16.5K
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Douglass Academy
507 N 6th St
Distance between this listing and this school0.39 miles
Public Charter Grades KG-5
3
/10
Annie H Snipes Academy of Arts & Design
2150 Chestnut St
Distance between this listing and this school1.70 miles
Public Magnet Grades KG-5
2
/10
Rachel Freeman School of Engineering
2601 Princess Place Dr
Distance between this listing and this school2.08 miles
Public Magnet Grades KG-5
Nearby Schools
3
/10
D.C. Virgo Preparatory Academy
813 Nixon St
Distance between this listing and this school0.78 miles
Public District Grades KG-8
4
/10
The International School at Gregory
1106 Ann St
Distance between this listing and this school1.09 miles
Public Magnet Grades KG-8
3
/10
Williston Middle School
401 S 10th St
Distance between this listing and this school1.18 miles
Public District Grades 6-8
Nearby Schools
2
/10
New Hanover High School
1307 Market St
Distance between this listing and this school1.06 miles
Public District Grades 9-12
4
/10
Career Readiness Academy at Mosley Plc
3702 Princess Place Dr
Distance between this listing and this school2.82 miles
Public District Grades 6-12
5
/10
Girls Leadership Academy of Wilmington
4100 Sunglow Dr
Distance between this listing and this school2.99 miles
The neighbors living near this home have an average income of $48,696. Typical income of Wilmington, NC residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 615 N Front St
What is the listing price of this property?
The listing price of 615 N Front St property is $5,495,000.
What type of property is this?
The property 615 N Front St is land located in Wilmington, North Carolina, 28401.
Is this property for sale now?
Active Listing: 615 N Front 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 $16,516 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 13, 2018 for $1,575,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 615 N Front St in Wilmington, NC and zip code 28401 in the Upper Downtown neighborhood. This home sits on a 1.58 acre lot. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $5,495,000.
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 listings in Wilmington, NC increased by 3.5% between September 2024 and October 2024. In October 2024 median list price was $425,528 and the average listing age was 44 days.
From Rocket Homes Real Estate and based on county public records data.
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.
NBA/WNBA
NBA/WNBA
Figure Skating
Soccer
Express/Express For Men
Family Dollar
Forever 21
Starbucks
Church's Chicken
Dominos Pizza
Pontiac
Cadillac
Mazda
Urban Contemporary
Jazz
Rhythmic Contemporary Hits