NOT LISTED FOR SALE

Estimated Value: $421,285 - $459,000

3 Beds
2 Baths
1,653 Sq Ft
$264/Sq Ft Est. Value

Sale Details

Date Sold: August 18, 2025

Last sale price $428,000 $259 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,521 / mo

96 Days on Market

Highlights

  • The property is located in a historic district
  • Main Floor Primary Bedroom
  • No HOA
  • Wood Flooring
  • High Ceiling
  • Fenced Yard

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: 03/25/2025

Landmark Sotheby's International Realty

Last Buyer's Agent

Dylan Kowalski

Intracoastal Realty Corporation License #333546

Intracoastal Realty Corporation

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
  • Property fronts a state road
  • Fenced Yard
  • Property is Fully Fenced
  • Wood Fence
  • Property is zoned HD-R

Home Design

  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,653 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Combination Dining and Living Room

Kitchen

  • Electric Oven
  • Self-Cleaning Oven

Flooring

  • Wood
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Dirt Floor
  • Crawl Space

Parking

  • 1 Open Parking Space
  • 1 Driveway Space
  • On-Street Parking

Outdoor Features

  • Shed
  • Porch

Location

  • The property is located in a historic district

Schools

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

Utilities

  • No Cooling
  • 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

3,267 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Historic District
  • Secondary Subdivision: N/A
  • Year Built: 1871
  • Property Sub Type: Single Family Residence
  • Appliances: Electric Oven, Washer, Self Cleaning Oven, Refrigerator, Dryer
  • Original List Price: 433000.00
  • Architectural Style: Historic District
  • Unit Levels: Two
  • Living Area: 1653.00
  • Is New Construction?: No
  • Other Structures: Shed(s)
  • Type Type: 3 Bedroom
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 261.95
  • Special Features: None

Interior Features

  • Basement: Dirt Floor
  • Dining Room Type: Combination
  • Flooring: LVT/LVP, Wood
  • Interior Amenities: Master Downstairs, High Ceilings
  • Master Bedroom Level: Non Primary Living Area
  • Stories: 2
  • Laundry Features: Dryer Hookup, Washer Hookup
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Room Types: Dining Area
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 2.00
  • Living Area Range: 1600 - 1799
  • Floor Plans Count: 1
  • Floor Plans Change Timestamp: 2025-03-25T12:00:01Z

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: Full, Back Yard, Wood
  • Roof: Architectural Shingle
  • Road Frontage Type: Maintained, City Street, State Road, Paved
  • Road Surface Type: Paved
  • Waterfront?: No
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Porch

Garage/Parking

  • Has Attached Garage?: No
  • Open Parking Spaces: 1
  • Parking Features: On Street
  • Driveway Spaces: 1

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • Heating System Fuel Source: Natural Gas
  • Trash Collection: City Pick-UP
  • Water Source: Public
  • Cooling: None
  • Has Cooling?: No
  • Heating: Gas Pack, Natural Gas
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer, Cape Fear Public Utility Authority
  • Electric Provider: Duke Energy
  • Internet Service Providers: Spectrum
  • Natural Gas Provider: Piedmont Natural Gas Co.
  • Trash Provider: City
  • Water Provider: Cape Fear Public Utility Authority

Condo/Co-op/Association

  • Association Amenities: Sidewalks, Street Lights
  • Has H O A?: No

Schools

  • Elementary School: Snipes
  • High School: New Hanover
  • Junior High Dist: New Hanover
  • Middle Or Junior School: Williston

Lot Info

  • Deed Book: 6651
  • Deed Page: 2677.00
  • Lot Number: 2
  • Zoning: HD-R
  • Lot Size Acres: 0.07
  • Lot Size: 99x33
  • Lot Size Sq Ft: 3267.00
  • Purchase Contract Date: 2025-06-27
  • Parcel#: R04813-040-004-000
  • Cobra Zone Y N: No
  • Permitted Use: Public

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Book Number: 0
  • Tax Lot: 2
  • Tax Map Number: 0
  • Tax Other Assessment Amount Frequency: n/a
  • Tax Amount: 1770.46

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2025
Closed on
Jul 11, 2025
Sold by
Bought by
Seller's Agent
Dee Vick
Landmark Sotheby's International Realty
Buyer's Agent
Dylan Kowalski
Intracoastal Realty Corporation
List Price
$499,000
Sold Price
$428,000
Premium/Discount to List
-$71,000
-14.23%
Views
115
Current Estimated Value
$436,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,821
Avg. Annual Appreciation
2.29%
Original Mortgage
$342,400
Interest Rate
0.0667%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2023
Closed on
Jun 16, 2023
Sold by
Bought by
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
110

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
0.0597%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2012
Closed on
Sep 10, 2015
Sold by
Bought by
Seller's Agent
J. Todd Turner
River Town Realty Group
Buyer's Agent
Christopher Spivey
Keller Williams Innovate-Wilmington
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
0.0425%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2004
Sold by
Bought by

Purchase Details

Closed on
Nov 7, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 10, 2002
Sold by
Bought by

Purchase Details

Closed on
Jan 1, 2001
Bought by

Purchase Details

Closed on
Jul 10, 1996
Sold by
Bought by

Purchase Details

Closed on
Mar 24, 1995
Sold by
Bought by

Purchase Details

Closed on
Mar 3, 1995
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 1986
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $342,400
Previous Owner $404,900
Previous Owner $250,300
Previous Owner $148,500
Previous Owner $113,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- $346,000 $95,900 $250,100
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

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