314 Mcrae St Wilmington, NC 28401
Hemenway NeighborhoodEstimated payment $2,540/month
Total Views
19,869
3
Beds
2
Baths
1,653
Sq Ft
$262
Price per Sq Ft
Highlights
- Wood Flooring
- No HOA
- Porch
- 2 Fireplaces
- Fenced Yard
- Shed
About This Home
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.
Listing Agent
Landmark Sotheby's International Realty License #332758 Listed on: 03/24/2025
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
Map
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
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| 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 | $404,900 | New Conventional | |
| Previous Owner | $250,300 | New Conventional | |
| Previous Owner | $148,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $113,000 | New Conventional |
Source: Public Records
Similar Homes in Wilmington, NC
Source: Hive MLS
MLS Number: 100496497
APN: R04813-040-004-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
Nearby Homes
- 815 Grace St
- 228 Mcrae St
- 305 Mcrae St
- 313 Anderson St
- 819 Grace St
- 713 Chestnut St
- 901 Walnut St
- 414 Mcrae St
- 114 N 8th St
- 415 Campbell St Unit A
- 416 N 5th Ave Unit 2
- 416 N 5th Ave Unit 1
- 416 N 5th Ave
- 606 Anderson St
- 925 Campbell St
- 1102 Chestnut St
- 609 N 10th St
- 517 N 11th St
- 610 N 10th St
- 12 N 5th Ave