NOT LISTED FOR SALE

Estimated Value: $287,000 - $369,642

3 Beds
2 Baths
1,139 Sq Ft
$289/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $379,000 $333 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,826/month

7 Days on Market

Highlights

  • Mud Room
  • Covered patio or porch
  • Central Air
  • No HOA
  • Fenced Yard
  • Ceiling Fan

About This Home

As of April 2024

304 McRae Street is a beautifully updated historic home that combines its 1895 heritage with essential modern upgrades to meet todays standards. This 3-bed, 2-bath property offers turnkey readiness for families or serves as an ideal short-term rental opportunity.Key updates include new electrical systems, plumbing, roofing, and insulation, ensuring a comfortable and energy-efficient living environment. The home's interior is bathed in natural light, creating a warm and inviting atmosphere that flows from the cozy living room to the updated kitchen--great for both daily life and entertaining.Beyond the kitchen lies an expansive backyard, offering a rare slice of outdoor space in downtown living, perfect for gatherings or quiet relaxation. The property is situated near the thriving Brooklyn Arts and Soda Pop Districts, areas currently experiencing exciting growth and revitalization. With new developments enhancing the Soda Pop District, downtown Wilmington's connectivity and appeal are continuously improving, making it an attractive location for residents, investors, and visitors.

Last Agent to Sell the Property

Aspyre Realty Group

eXp Realty Listed on: 03/06/2024

eXp Realty

Last Buyer's Agent

Aimee Freeman

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $949

Year Built

  • Built in 1895

Lot Details

  • 5,445 Sq Ft Lot
  • Fenced Yard
  • Property is zoned HD-R

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 1,139 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Mud Room
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R04817-007-004-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$949

Year Built

Built in 1895

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: 1895
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Fireplace: None
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s), Mud Room, Smoke Detectors
  • List Price per Sq Ft: 338.02
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1139.00
  • Total Heated Primary Separate Sq Ft: 1139.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Fencing: Back Yard, Partial
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Maintained, Paved
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Street Only

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 1822.00
  • Lot Acres: 0.12
  • Lot Dimensions: irregular
  • Lot Sq Ft: 5445.00
  • Plat Book: 000
  • Plat Page: 000
  • Zoning: HD-R

Tax Info

  • Tax Identifier: R04817-007-004-000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 948.94

MLS Schools

  • Elementary School: Snipes
  • High School: New Hanover
  • Middle School: Williston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 9, 2024
Sold by
Leuven Llc
Bought by
Schultz Corenna
Seller's Agent
Aspyre Realty Group
eXp Realty
Buyer's Agent
Aimee Freeman
eXp Realty
List Price
$385,000
Sold Price
$379,000
Premium/Discount to List
-$6,000
-1.56%
Views
892
Current Estimated Value
$328,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,089
Avg. Annual Appreciation
1.88%
Original Mortgage
$341,100
Outstanding Balance
$337,595
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$49,951

Purchase Details

Listed on
Mar 4, 2019
Closed on
Mar 18, 2019
Sold by
Jsan Investments Llc
Bought by
Leuven Llc
Seller's Agent
elizasantos Santos
RE/MAX Essential
Buyer's Agent
Team KBT Realty
Keller Williams Innovate-KBT
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.74%

Purchase Details

Closed on
Oct 24, 2016
Sold by
Lennon Valerie G
Bought by
Jsan Investments Llc

Purchase Details

Closed on
Sep 21, 2004
Sold by
Murphy Lena Corbett
Bought by
Lennon Valerie G

Purchase Details

Closed on
Oct 30, 2003
Sold by
Murphy Lena Corbett
Bought by
Lennon Valerie G

Purchase Details

Closed on
Sep 16, 2003
Sold by
Murphy Lena Corbett
Bought by
Lennon Valerie G

Purchase Details

Closed on
May 29, 2003
Sold by
Murphy Lena Corbett
Bought by
Lennon Valerie G

Purchase Details

Closed on
Apr 17, 2003
Sold by
Murphy Lena Corbett
Bought by
Lennon Valerie C

Purchase Details

Closed on
Jan 1, 2001
Bought by
Murphy Wade A
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schultz Corenna $379,000 None Listed On Document
Leuven Llc $75,000 None Available
Jsan Investments Llc $28,350 None Available
Lennon Valerie G -- --
Lennon Valerie G -- --
Lennon Valerie G -- --
Lennon Valerie G -- --
Lennon Valerie C -- --
Murphy Wade A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Corenna $341,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $379,000 -1.6% $333 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $385,000 +413.3% $338 / Sq Ft
03/22/2019 03/22/19 Sold $75,000 0.0% $63 / Sq Ft
03/07/2019 03/07/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $75,000 -- $63 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

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
2023 $977 $112,300 $49,900 $62,400
2022 $1,485 $174,700 $49,900 $124,800
2021 $1,495 $174,700 $49,900 $124,800
2020 $1,555 $147,600 $64,100 $83,500
2019 $1,555 $147,600 $64,100 $83,500
2018 $1,555 $147,600 $64,100 $83,500
2017 $1,555 $147,600 $64,100 $83,500
2016 $1,484 $133,900 $67,900 $66,000
2015 $1,418 $133,900 $67,900 $66,000
2014 $1,358 $133,900 $67,900 $66,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100431310

Hive MLS

APN: R04817-007-004-000