$674,900

Estimated payment $3,709/month

Total Views 13,269
3 Beds
1 Bath
1,183 Sq Ft
$570 Price per Sq Ft

Highlights

  • 0.7 Acre Lot
  • Breakfast Area or Nook
  • Baseboard Heating
  • No HOA
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

Prime Development Opportunity - .70 Acres in Desirable Urban AreaLocated in the heart of East Wilmington, this .70-acre property presents a prime opportunity for developers seeking to create rental units or multi-family housing. The lot currently features a couple of structures, offering immediate potential for renovation or redevelopment. With its central location, close proximity to essential amenities, and strong demand for housing in the area, this parcel is ideal for a developer looking to capitalize on the growing rental market.Key Highlights:.70 acres of prime urban real estateExisting structures provide potential for renovation or redevelopmentZoned for multi-family or rental units (confirm zoning)Strong rental demand in the areaConvenient access to public transportation, shopping, dining, and entertainmentExcellent potential for high return on investmentDon't miss out on this lucrative opportunity to shape the future of one of the city's most sought-after areas. Contact us today to learn more and schedule a viewing

Listing Agent

Basil Williams

Keller Williams Innovate-Wilmington License #295523 Listed on: 03/19/2025

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,359

Year Built

  • Built in 1937

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 232 x 190 x 89 x 237
  • Chain Link Fence
  • Property is zoned R-5

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Stick Built Home

Interior Spaces

  • 1,183 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Crawl Space
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Covered Parking
  • Dirt Driveway
  • On-Street Parking
  • On-Site Parking
  • Off-Street Parking

Schools

  • Freeman Elementary School
  • Williston Middle School
  • New Hanover High School

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R04913-015-003-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,359

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: None
  • List Price per Sq Ft: 570.50
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 1 Level: Main
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Sq Ft Heated: 1183.00
  • Total Heated Primary Separate Sq Ft: 1183.00

Exterior Features

  • Exterior Finish: Asbestos
  • Fencing: Chain Link
  • Foundation: Crawl Space
  • Porch Balcony Deck: None
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Covered, On Street, On Site, Off Street, Dirt

Utilities

  • Cooling System: None
  • Heating System: Baseboard
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1529.00
  • Lot Acres: 0.70
  • Lot Dimensions: 232 X 190 X 89 X 237
  • Lot Sq Ft: 30492.00
  • Plat Book: 1
  • Plat Page: 3
  • Zoning: R-5

Tax Info

  • Tax Identifier: R04913-015-003-000
  • Tax Year: 2024

MLS Schools

  • Elementary School: Freeman
  • High School: New Hanover
  • Middle School: Williston
  • School District: New Hanover

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,359 $156,200 $48,000 $108,200
2023 $1,320 $156,200 $48,000 $108,200
2022 $1,337 $156,200 $48,000 $108,200
2021 $1,337 $156,200 $48,000 $108,200
2020 $1,091 $103,600 $50,200 $53,400
2019 $1,091 $103,600 $50,200 $53,400
2018 $1,091 $103,600 $50,200 $53,400
2017 $1,091 $103,600 $50,200 $53,400
2016 $1,828 $165,000 $98,600 $66,400
2015 $1,747 $165,000 $98,600 $66,400
2014 $1,673 $165,000 $98,600 $66,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $640,000 -5.2% $541 / Sq Ft
03/19/2025 03/19/25 For Sale $674,900 -- $570 / Sq Ft
Source: Hive MLS

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed $42,000 --
Deed -- --
Deed $11,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $20,000 Credit Line Revolving
Previous Owner $86,000 Unknown
Source: Public Records

Source: Hive MLS

MLS Number: 100495455

Hive MLS

APN: R04913-015-003-000