NOT LISTED FOR SALE

314 S Front St Wilmington, NC 28401

Old Wilmington Neighborhood

Estimated Value: $1,001,000 - $1,617,000

5 Beds
3.5 Baths
4,453 Sq Ft
$287/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $925,000 $208 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,178/month

199 Days on Market

Highlights

  • Second Kitchen
  • 0.24 Acre Lot
  • 3 Fireplaces
  • River View
  • Wood Flooring
  • Great Room

About This Home

As of November 2019

One of only a handful of Wilmington Historic homes that overlook the Cape Fear River, the Philander Pearsall house was built in 1899 on a Revolutionary War encampment known as Sunset Hill. Sited at 31 feet above the river, the residence offers sweeping panoramic views from Memorial Bridge to the battle ship USS-North Carolina. A beautiful blend of the original character (with heart pine and tiger oak parquet flooring) with the modern convinces of a new kitchen open to the riverfront family room and updated master bath. In addition to the 4 bedrooms, there is an income producing studio apartment. Additional features include deep double rear porches, an open flat backyard and plenty of off-street parking.

Last Agent to Sell the Property

Vance Young

Intracoastal Realty Corp License #245851 Listed on: 04/05/2019

Intracoastal Realty Corp

Last Buyer's Agent

Jeff Chase

Momentum Companies Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,663

Year Built

  • Built in 1899

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 63x164x66x164
  • Sprinkler System
  • Property is zoned HD-R

Home Design

  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 4,453 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • River Views

Kitchen

  • Second Kitchen
  • Electric Cooktop

Flooring

  • Wood
  • Parquet
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bedroom Suite
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Home Security

  • Home Security System
  • Hurricane or Storm Shutters

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Historic District Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number R05308-011-005-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,663

Year Built

Built in 1899

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: 1899
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 3+
  • Flooring: Carpet, Wood, Parquet
  • Heated Sq Ft: 4000 - 4499
  • Interior Amenities: 2nd Kitchen, Security System, Walk-In Closet, Walk-in Shower, Sprinkler System, Foyer, Gas Logs, Ceiling Fan(s), Apt/Suite, 9Ft+ Ceilings
  • Laundry Location: Closet
  • List Price per Sq Ft: 224.34
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Number Rooms: 12
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: Second
  • Dining Room Level: First
  • Family Room Level: First
  • Great Room Level: First
  • Living Room Level: First
  • Primary Bedroom Level: Second
  • Other Level: First
  • Sq Ft Heated: 4453.00
  • Total Heated Primary Separate Sq Ft: 4453.00

Exterior Features

  • Exterior Features: Irrigation System, Shutters - Board/Hurricane
  • Exterior Finish: Wood Siding
  • Fencing: Partial
  • Foundation: Brick/Mortar, Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony, Porch, Covered
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Cooktop - Electric, Dryer, Washer, Refrigerator
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Natural Gas

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 117.00
  • Lot Acres: 0.24
  • Lot Dimensions: 63x164x66x164
  • Lot Number: 4
  • Lot Sq Ft: 10454.00
  • Special Assessments: n0
  • Zoning: HD-R
  • Lot View Type: River View, Water View

Tax Info

  • Tax Identifier: R05308-011-005-000
  • Tax Year: 2018
  • Total Real Estate Property Taxes: 6663.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
Nov 13, 2019
Sold by
Wright Jeannette Mckinnon and Knight Richard F
Bought by
Kemp Bruce Forbes and Kemp Joanne Elizabeth
Seller's Agent
Vance Young
Intracoastal Realty Corp
Buyer's Agent
Jeff Chase
Momentum Companies Inc.
List Price
$999,000
Sold Price
$925,000
Premium/Discount to List
-$74,000
-7.41%
Current Estimated Value
$1,277,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,147
Avg. Annual Appreciation
5.88%
Original Mortgage
$740,000
Outstanding Balance
$658,609
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$635,216

Purchase Details

Closed on
Sep 9, 2004
Sold by
Wright Jr O Richard
Bought by
Wright Jeannette Mckinnon

Purchase Details

Closed on
Jan 1, 2001
Bought by
Roth Daniel P Suzanne R

Purchase Details

Closed on
Dec 16, 1993
Sold by
Ferreri Guido Justine
Bought by
Wright Jeannette Mckinnon

Purchase Details

Closed on
Jun 1, 1985
Sold by
Roth Daniel P Suzanne R
Bought by
Ferreri Guido Justine

Purchase Details

Closed on
Mar 1, 1981
Sold by
Roth Daniel P Suzanne R
Bought by
Roth Daniel P Suzanne R
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Kemp Bruce Forbes $925,000 None Available
Wright Jeannette Mckinnon -- --
Roth Daniel P Suzanne R $26,000 --
Wright Jeannette Mckinnon $330,000 --
Ferreri Guido Justine $195,000 --
Roth Daniel P Suzanne R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kemp Bruce Forbes $740,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $925,000 -7.4% $208 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $999,000 -- $224 / 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 $5,196 $597,200 $88,100 $509,100
2022 $5,076 $597,200 $88,100 $509,100
2021 $5,111 $597,200 $88,100 $509,100
2020 $6,663 $632,500 $119,000 $513,500
2019 $6,663 $632,500 $119,000 $513,500
2018 $6,663 $632,500 $119,000 $513,500
2017 $6,663 $632,500 $119,000 $513,500
2016 $5,046 $455,400 $155,700 $299,700
2015 $4,823 $455,400 $155,700 $299,700
2014 $4,618 $455,400 $155,700 $299,700
Source: Public Records

Agents Affiliated with this Home

  • Vance Young

    Seller's Agent in 2019

    Vance Young

    Intracoastal Realty Corp

    (910) 232-8850

    7 in this area

    879 Total Sales

    Vance Young
    Section Image

  • J

    Buyer's Agent in 2019

    Jeff Chase

    Momentum Companies Inc.

See All Agents

Map

Source: Hive MLS

MLS Number: 100158735

Hive MLS

APN: R05308-011-005-000

North Carolina New Hanover County Wilmington 28401 Old Wilmington

314 S Front St, Wilmington, NC

This home is located at 314 S Front St, Wilmington, NC 28401 since 05 April 2019 and is currently estimated at $1,277,147, approximately $286 per square foot. This property was built in 1899. 314 S Front St is a home located in New Hanover County with nearby schools including Snipes Academy of Arts & Design, Williston Middle School, and New Hanover High School.

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.

Hive MLS 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

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