118 S 4th St Wilmington, NC 28401
Old Wilmington Neighborhood
7
Beds
7.5
Baths
4,761
Sq Ft
10,542
Sq Ft Lot
Highlights
- 0.24 Acre Lot
- Main Floor Primary Bedroom
- Corner Lot
- Wood Flooring
- 1 Fireplace
- 5-minute walk to Innes Park
About This Home
As of April 2025Stunning Historic Home located right in the heart of Historic Downtown Wilmington. This property is rich with history dating back to 1890. The current owners transformed a Historic Bed and Breakfast into stylish accommodation in downtown Wilmington, while highlighting the unique historical character of the property. This 4,546 Square foot property consists of three levels. On the first level there is a welcoming foyer that leads to the comfortable living room, dining room and kitchen. There is also a primary master suite on the main level. Ascending to the second level you will find three ensuites, each thoughtfully designed for comfort. The third level of the home has two private ensuite for additional guest. The property also has a private accessory unit accessible that expands the opportunities even more. There is a four room Bed and Breakfast suites permit that conveys with the property. This property comes fully furnished. This gives options of a business opportunity to the next owner. The level of detail is reflected in the beautifully landscaped gardens and throughout the uniquely renovated home decor. Every room was uniquely designed and appointed. All rooms feature lofty ceilings, crown molding, custom-designed closets and the large original-scale windows provide wonderful natural lighting throughout the property. Property is within steps of downtown restaurants, entertainment venues, shopping, the arts and so much more.....
Last Agent to Sell the Property
Intracoastal Realty Corp License #234605 Listed on: 09/04/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,639
Year Built
- Built in 1890
Lot Details
- 10,542 Sq Ft Lot
- Lot Dimensions are 90 x 118
- Property fronts an alley
- Corner Lot
- Property is zoned HD-R
Home Design
- Wood Frame Construction
- Shingle Roof
- Slate Roof
- Wood Siding
- Stick Built Home
Interior Spaces
- 4,761 Sq Ft Home
- 3-Story Property
- Furnished
- Ceiling height of 9 feet or more
- 1 Fireplace
- Blinds
- Entrance Foyer
- Living Room
- Formal Dining Room
- Crawl Space
- Attic Access Panel
Kitchen
- Stove
- Built-In Microwave
- ENERGY STAR Qualified Appliances
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Primary Bedroom on Main
- Bedroom Suite
- Walk-in Shower
Laundry
- Dryer
- Washer
Parking
- 1 Car Attached Garage
- Driveway
- Off-Street Parking
Schools
- Snipes Elementary School
- Williston Middle School
- New Hanover High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Heat Pump System
- Natural Gas Connected
- Natural Gas Water Heater
- Municipal Trash
Additional Features
- Covered patio or porch
- Interior Unit
Community Details
- No Home Owners Association
- Historic District Subdivision
Listing and Financial Details
- Assessor Parcel Number R05405-003-004-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2024
Closed on
Mar 19, 2025
Sold by
Housetherapy Llc
Bought by
Similia Gaetano and Similia Sherry A
Seller's Agent
Jeff Hovis
Intracoastal Realty Corp
Buyer's Agent
Jeff Hovis
Intracoastal Realty Corp
List Price
$1,785,000
Sold Price
$1,550,000
Premium/Discount to List
-$235,000
-13.17%
Total Days on Market
161
Views
90
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Outstanding Balance
$1,149,012
Interest Rate
6.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 18, 2018
Sold by
Skavmneck Steven A and Tirrito Paula R
Bought by
Housetherapy Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
4.9%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 4, 2002
Sold by
Campbell Larry L
Bought by
Skavroneck Steven A Paula R
Purchase Details
Closed on
Apr 28, 1998
Sold by
Campbell Susan C
Bought by
Campbell Larry L
Purchase Details
Closed on
Sep 24, 1993
Sold by
Wright J L Jr Elizabeth B
Bought by
Campbell Larry L Susan C
Purchase Details
Closed on
Jan 1, 1992
Sold by
Macmillan Henry Jay Heirs
Bought by
Wright John L
Purchase Details
Closed on
Dec 30, 1991
Sold by
Macmillan Henry Jay
Bought by
Macmillan Henry Jay Heirs
Purchase Details
Closed on
Jun 1, 1958
Bought by
Macmillan Henry Jay
Similar Homes in Wilmington, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,550,000 | None Listed On Document | |
| Warranty Deed | $1,550,000 | None Listed On Document | |
| Warranty Deed | $775,000 | None Available | |
| Deed | $700,000 | -- | |
| Deed | -- | -- | |
| Deed | $300,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,150,000 | New Conventional | |
| Closed | $1,150,000 | New Conventional | |
| Previous Owner | $725,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/09/2025 04/09/25 | Sold | $1,550,000 | -13.2% | $326 / Sq Ft |
| 02/12/2025 02/12/25 | Pending | -- | -- | -- |
| 09/04/2024 09/04/24 | For Sale | $1,785,000 | -- | $375 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | -- | $785,700 | $88,300 | $697,400 |
| 2023 | $6,678 | $785,700 | $88,300 | $697,400 |
| 2022 | $6,678 | $785,700 | $88,300 | $697,400 |
| 2021 | $6,724 | $785,700 | $88,300 | $697,400 |
| 2020 | $8,134 | $772,200 | $119,500 | $652,700 |
| 2019 | $8,134 | $772,200 | $119,500 | $652,700 |
| 2018 | $8,134 | $772,200 | $119,500 | $652,700 |
| 2017 | $8,134 | $772,200 | $119,500 | $652,700 |
| 2016 | $6,210 | $560,500 | $144,500 | $416,000 |
| 2015 | $5,936 | $560,500 | $144,500 | $416,000 |
| 2014 | $5,683 | $560,500 | $144,500 | $416,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Hovis
Seller's Agent in 2025
Jeff Hovis
Intracoastal Realty Corp
(910) 256-4503
27 in this area
267 Total Sales
Map
Source: Hive MLS
MLS Number: 100464453
APN: R05405-003-004-000
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. 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 Homesnap, Inc. 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. ©2025 Hive MLS LLC
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