$428,000
SOLD AUG 18, 2025
3 Beds
2 Baths
1,653 Sq Ft
3,267 Sq Ft Lot

Recently Sold

$259 Per Sq Ft

14% Below List Price

96 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Porch
  • 2 Fireplaces
  • Fenced Yard
  • Shed

About This Home

As of August 2025

Welcome to The 1871 King House, located in the historic district in downtown Wilmington, NC. This fully furnished 3 bedroom/2 bath gem features timeless architecture and charm, blending the past with the present in the most delightful way. This home has modern eclectic light fixtures and beautiful woodwork. The kitchen and downstairs bathroom have both been recently remodeled. A stunning staircase leads upstairs to two bedrooms and a full bath. The hardwood floors and high ceilings make the home comfortable for entertaining guests or relaxing. A new roof was recently installed, and the exterior was freshly painted in 2021. This home has versatility and could be purchased as an income generating rental. With its proximity to the Soda Pop District (2 blocks), the riverwalk (8 blocks), the Live Oak Pavilion, the Wilson Center, the Brooklyn Arts District, shopping and fine dining, this rare opportunity won't last long. Last, but not least, the home is only 15 minutes from Wrightsville Beach. Enjoy all that Wilmington has to offer at 314 McRae. Seller is offering a $5000 seller credit to be used towards closing costs.

Last Agent to Sell the Property

Dee Vick

Landmark Sotheby's International Realty License #332758 Listed on: 03/24/2025

Landmark Sotheby's International Realty

Last Buyer's Agent

Dylan Kowalski

Intracoastal Realty Corp License #333546

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,770

Year Built

  • Built in 1871

Lot Details

  • 3,267 Sq Ft Lot
  • Lot Dimensions are 99x33
  • Fenced Yard
  • Property is Fully Fenced
  • Wood Fence
  • Property is zoned HD-R

Home Design

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

Interior Spaces

  • 1,653 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Crawl Space
  • Self-Cleaning Oven

Flooring

  • Wood
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • On-Street Parking

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Shed
  • Porch

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Rankin Place North Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number R04813-040-004-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,770

Year Built

Built in 1871

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: 2.0
  • Stories Levels: Two
  • Year Built: 1871
  • Trash Collection: City Pick-UP
  • Horses Y N: No
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Dirt Floor
  • Dining Room Type: Combination
  • Fireplace: 2
  • Flooring: LVT/LVP, Wood
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: High Ceilings, Master Downstairs
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 261.95
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Sq Ft Heated: 1653.00
  • Total Heated Primary Separate Sq Ft: 1653.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Exterior Structures: Shed(s)
  • Fencing: Back Yard, Wood, Full
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 1.00
  • Parking Driveway: On Street

Utilities

  • Appliances Equipment: Dryer, Washer, Self Cleaning Oven, Refrigerator, Electric Oven
  • Cooling System: None
  • Heating System: Gas Pack
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • Internet Service Provider: Spectrum
  • HeatingSystemFuelSource: Natural Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Sidewalk, Street Lights

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2677.00
  • Lot Acres: 0.07
  • Lot Dimensions: 99x33
  • Lot Number: 2
  • Lot Sq Ft: 3267.00
  • Zoning: HD-R

Tax Info

  • Tax Identifier: R04813-040-004-000
  • Tax Year: 2024
  • Total City Real Estate Property Tax: 1709.00
  • Total Real Estate Property Taxes: 1770.46

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2025
Closed on
Jul 11, 2025
Sold by
Paul Daniel E and Paul Caroline Anne
Bought by
Hogan Mary Kristen and Hogan William D
Seller's Agent
Dee Vick
Landmark Sotheby's International Realty
Buyer's Agent
Dylan Kowalski
Intracoastal Realty Corp
List Price
$499,000
Sold Price
$428,000
Premium/Discount to List
-$71,000
-14.23%
Views
115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.40%
Original Mortgage
$342,400
Outstanding Balance
$342,101
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$83,276

Purchase Details

Listed on
May 3, 2023
Closed on
Jun 16, 2023
Sold by
Brock Angie M and Brock Sasha A
Bought by
Paul Daniel E and Paul Caroline Anne
Seller's Agent
Christina Covington
Wit Realty LLC
Buyer's Agent
Dee Vick
Landmark Sotheby's International Realty
List Price
$450,000
Sold Price
$450,000
Views
111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.29%
Original Mortgage
$404,900
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2012
Closed on
Sep 10, 2015
Sold by
Eudy Miles T and Shelton Courtney
Bought by
Brock Angie M and Beasley Sasha A
Seller's Agent
J. Todd Turner
River Town Realty Group
Buyer's Agent
Christopher Spivey
RE/MAX Essential
List Price
$160,000
Sold Price
$113,000
Premium/Discount to List
-$47,000
-29.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.49%
Original Mortgage
$113,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2004
Sold by
Romulus John M Rebecca
Bought by
Eudy Miles T

Purchase Details

Closed on
Nov 7, 2002
Sold by
Secretary Of Veterans Affairs
Bought by
Romulus John M Rebecca

Purchase Details

Closed on
Jun 10, 2002
Sold by
Hutchens H Terry Sub Trustee
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Jan 1, 2001
Bought by
Newkirk Lizzie Life Estate

Purchase Details

Closed on
Jul 10, 1996
Sold by
Laurel Holding Ltd
Bought by
Cipriani Dan

Purchase Details

Closed on
Mar 24, 1995
Sold by
Press Joel
Bought by
Laurel Holding Ltd

Purchase Details

Closed on
Mar 3, 1995
Sold by
Carter John B Jr Sandy
Bought by
Press Joel

Purchase Details

Closed on
Apr 1, 1986
Sold by
Newkirk Lizzie Life Estate
Bought by
Carter John B
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $428,000 None Listed On Document
Warranty Deed $450,000 None Listed On Document
Warranty Deed $450,000 None Listed On Document
Warranty Deed $113,000 None Available
Deed $100,000 --
Deed -- --
Deed -- --
Deed -- --
Deed $89,200 --
Deed -- --
Deed $14,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $342,400 New Conventional
Previous Owner $404,900 New Conventional
Previous Owner $113,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Sold $428,000 -1.2% $259 / Sq Ft
06/28/2025 06/28/25 Pending -- -- --
06/24/2025 06/24/25 Price Changed $433,000 -3.3% $262 / Sq Ft
05/23/2025 05/23/25 Price Changed $448,000 -6.5% $271 / Sq Ft
04/14/2025 04/14/25 Price Changed $479,000 -4.0% $290 / Sq Ft
03/24/2025 03/24/25 For Sale $499,000 +10.9% $302 / Sq Ft
06/23/2023 06/23/23 Sold $450,000 0.0% $272 / Sq Ft
05/14/2023 05/14/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $450,000 +298.2% $272 / Sq Ft
09/21/2015 09/21/15 Sold $113,000 -29.4% $71 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
03/28/2012 03/28/12 For Sale $160,000 -- $100 / 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
2024 $1,770 $203,500 $46,900 $156,600
2023 $1,709 $202,300 $46,900 $155,400
2022 $1,720 $202,300 $46,900 $155,400
2021 $1,731 $202,300 $46,900 $155,400
2020 $1,248 $118,500 $31,500 $87,000
2019 $1,248 $118,500 $31,500 $87,000
2018 $1,248 $118,500 $31,500 $87,000
2017 $1,248 $118,500 $31,500 $87,000
2016 $2,059 $185,800 $53,000 $132,800
2015 $1,968 $185,800 $53,000 $132,800
2014 $1,884 $185,800 $53,000 $132,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100496497

Hive MLS

APN: R04813-040-004-000