$387,000
$13K PRICE DROP

Estimated payment $2,180/month

Total Views 11,125
2 Beds
2 Baths
1,188 Sq Ft
$326 Price per Sq Ft

Highlights

  • The property is located in a historic district
  • Formal Dining Room
  • Ceiling Fan
  • Wood Flooring
  • Fenced Yard
  • Storm Doors

About This Home

Live the downtown Wilmington lifestyle at 228 McRae Street, where historic charm meets modern comfort. Just minutes from the Riverwalk, Soda Pop District, and Brooklyn Arts District, this updated townhome offers the best of city living. Inside, soaring ceilings, dual gas fireplaces, refinished hardwood floors, and detailed millwork highlight its character, while the renovated kitchen with quartz countertops and fully updated baths add modern convenience. A private back patio retreat provides the perfect space to relax with coffee or wine. Recent updates include fresh paint, upgraded electrical (2023), a new gas water heater (2022), and a roof recoated with a transferable 10-year warranty (2022). A dining room mural by Ronald Williams adds an artistic tribute to Wilmington's history, making this home truly unique. Built in 1914 and converted to townhomes in 1983, it blends historic charm with today's updates. With low HOA dues ($175/month), covers master insurance, termite bond, includes a pet-friendly policy, and flexible 30-day rental minimum, 228 McRae is ideal as a primary residence, seasonal getaway, or downtown retreat.

Listing Agent

MaryMargaret Porter

Landmark Sotheby's International Realty Listed on: 06/21/2025

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1914

Lot Details

  • Fenced Yard
  • Wood Fence
  • Front Yard
  • Historic Home

Home Design

  • Flat Roof Shape
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Blinds
  • Formal Dining Room
  • Wood Flooring

Home Security

Location

  • The property is located in a historic district

Schools

  • Snipes Elementary School
  • New Hanover High School

Utilities

  • Heating System Uses Natural Gas
  • Generator Hookup
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Tax Lot UNIT 9

Community Details

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Doors

Property Details

Home Type

Condominium

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Historic District, Historic Home
  • Stories: 2
  • Year Built: 1914
  • Trash Collection: City Pick-UP
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Dining Room Type: Formal
  • Flooring: Wood
  • Interior Amenities: High Ceilings, Generator Plug, Ceiling Fan(s), Blinds/Shades, Gas Log
  • Master Bedroom Level: Non Primary Living Area
  • Furnished: Unfurnished

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Stucco
  • Fencing: Privacy, Back Yard, Wood, Front Yard
  • Roof: Membrane, Flat

Utilities

  • Utilities: Cable Available, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Heater: Natural Gas
  • HeatingSystemFuelSource: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Dogs OK, Cats OK, Yes

Lot Info

  • Deed Book: 6782
  • Deed Page: 20292031.00
  • Lot Number: UNIT 9
  • Zoning: HD-R

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Snipes
  • High School: New Hanover

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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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
2025 $1,768 $300,500 $0 $300,500
2024 $2,121 $243,800 $0 $243,800
2023 $1,836 $217,300 $0 $217,300
2022 $930 $217,300 $0 $217,300
2021 $930 $217,300 $0 $217,300
2020 $974 $184,900 $0 $184,900
2019 $974 $184,900 $0 $184,900
2018 $974 $184,900 $0 $184,900
2017 $974 $184,900 $0 $184,900
2016 $681 $123,000 $0 $123,000
2015 $651 $123,000 $0 $123,000
2014 $624 $123,000 $0 $123,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2025 12/04/25 Price Changed $387,000 -0.5% $326 / Sq Ft
11/20/2025 11/20/25 Price Changed $389,000 -1.5% $327 / Sq Ft
10/22/2025 10/22/25 Price Changed $395,000 -1.2% $332 / Sq Ft
06/21/2025 06/21/25 For Sale $399,900 -- $337 / Sq Ft
Source: Hive MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $260,000 --
Deed -- --
Deed -- --
Deed -- --
Deed $25,000 --
Source: Public Records

Source: Hive MLS

MLS Number: 100514973

Hive MLS

APN: R04817-010-002-009