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Address Not Disclosed - MLS#100472145, Wilmington, NC, 28401

$1,100,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
5 Full Baths
5,467 SqFt
$201/SqFt
House

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Address Not Disclosed$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Off Street
Year Built1948
HeatingNone
CoolingCentral Air
BasementYes
WaterfrontNone
Fireplace3+
MLS #100472145
Lot Size0.42 Acres
StatusActive

About This Home

An incredible opportunity awaits. Located in Wilmington's Historic District is a unique 5467 square foot historic mansion This Queen Anne-style historic mansion was built by E. William Gilchrist in 1894. It is rare to find a large lot facing two streets in historic downtown Wilmington. This property consists of 0.4 acre and fronts Market Street as well as 7th Street. It is within walking distance to downtown and very close to the new Coca-Cola Soda Pop district.There are many directions one can take this property. One is to follow through with the seller's plan to subdivide the mansion into 4 upscale residences (The Gilchrist Mansion and Carriage House) One could also renovate the 6 bedrooms, 5 bath mansion as a luxurious palatial estate for your own use. Due to the land size and access, there is room for other development plans too. The current owners have gone to great lengths in the restoration of this property. The site has been cleared, all approvals, architectural and engineering plans are in place and ready for this majestic conversion. All the architectural drawings and engineering plans and more are included with this opportunity. The exterior of the mansion has been extensively cared for, the metal roof is newer, the interior has been stripped down to its bones, and its bones are in excellent shape. The house features 12-foot ceilings, a grand staircase, a basement, 8 fireplaces and so much more! A property of this nature is a rare find. If you are looking for the chance for a spectacular residence, or investment opportunities, this property is all that and much more.

Property Details

Property Features

Property Information:

  • Architectural Style: Historic District
  • Year Built: 1948
  • Stories: 3
  • Living Area: 5,467 SqFt

Listing Office:

  • Office Name: Intracoastal Realty Corp

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Flooring Type: Tile, Wood
  • Interior: 9Ft+ Ceilings, Basement
  • Fireplace: 3+

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: None

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.42 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $201/SqFt
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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

This property vs Wilmington

63 DAYS ON ROCKET

+10 Days

$1,100,000

+$671.6K More

$201/SqFt

-$44 Less

KEY TAKEAWAY

This property is $671.6K more than the Median Sold Price and $44/SqFt less than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100472145

Listing Office:

  • Office Name: Intracoastal Realty Corp

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: 12/23/2024, 7:20:57 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

Apr 30, 2021Home Sold
$375,000

Tax History

YEARPROP. TAXASSESSMENT
2020 - $369,100
2019 - $369,100
2018 - $468,000
2017 - $468,000

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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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-1252446
5
/10

  • Douglass Academy

  • 507 N 6th St

  • 0.48 miles

  • Public Charter Grades KG-5

school-card-donut-1252447
3
/10

  • Annie H Snipes Academy of Arts & Design

  • 2150 Chestnut St

  • 1.17 miles

  • Public Magnet Grades KG-5

school-card-donut-1252448
1
/10

  • Forest Hills Global Elementary School

  • 602 Colonial Dr

  • 1.54 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 $63,258. Typical income of Wilmington, NC residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›New Hanover County›Wilmington›28401›Address Not Disclosed

This 5,467 square foot home, which was built in 1948, sits on a 0.42 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $1,100,000.

Wilmington, NC housing market in November 2024 saw over 38 listings sold above listed price, more than 47 sold at listed price and over 133 sold below. The inventory of homes for sale in Wilmington, NC between October 2024 and November 2024 decreased by 5.6%. 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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