705 Mcrae St Wilmington, NC 28401
Northside NeighborhoodEstimated payment $2,462/month
Total Views
16,978
3
Beds
2.5
Baths
1,658
Sq Ft
$247
Price per Sq Ft
Highlights
- No HOA
- Fenced Yard
- Kitchen Island
- Covered patio or porch
- Balcony
- Ceiling height of 9 feet or more
About This Home
Welcome to 705 McRae St, a stylish 2023-built home in the heart of downtown Wilmington! This versatile property is perfect as a primary residence or continued use as an income-producing investment, offering a prime location near the Live Oak Pavilion, Brooklyn Arts District, and all the dining, shopping, and entertainment downtown has to offer.Step inside to find 9-foot ceilings and an inviting open-concept layout featuring granite countertops and luxury vinyl plank flooring throughout. A standout feature of this home is the two-story covered porches--with the top-floor porch serving as a private retreat off the primary suite, perfect for relaxing with a morning coffee or evening breeze.Situated on a growing, up-and-coming block, this home offers the opportunity to be part of a thriving and evolving downtown community. Plus, off-street parking--a rare downtown perk--adds even more convenience.Whether you're looking for a turn-key investment or a stylish home in the heart of Wilmington, this property delivers. Don't miss out--schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,064
Year Built
- Built in 2023
Lot Details
- 2,309 Sq Ft Lot
- Fenced Yard
- Property is zoned R-3
Home Design
- Slab Foundation
- Wood Frame Construction
- Architectural Shingle Roof
- Stick Built Home
Interior Spaces
- 1,658 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet or more
- Combination Dining and Living Room
- Partial Basement
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms
Parking
- Driveway
- Paved Parking
- On-Street Parking
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Covered patio or porch
Schools
- Snipes Elementary School
- Williston Middle School
- New Hanover High School
Utilities
- Central Air
- Heat Pump System
- Municipal Trash
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R04813-010-014-000
Map
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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 | $2,064 | $237,200 | $38,800 | $198,400 |
| 2023 | $328 | $38,800 | $38,800 | $0 |
| 2022 | $330 | $38,800 | $38,800 | $0 |
| 2021 | $159 | $38,800 | $38,800 | $0 |
| 2020 | $159 | $15,100 | $15,100 | $0 |
| 2019 | $159 | $15,100 | $15,100 | $0 |
| 2018 | $0 | $15,100 | $15,100 | $0 |
| 2017 | $159 | $15,100 | $15,100 | $0 |
| 2016 | $217 | $19,600 | $19,600 | $0 |
| 2015 | $208 | $19,600 | $19,600 | $0 |
| 2014 | $199 | $19,600 | $19,600 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2025 05/02/25 | Price Changed | $409,999 | -1.3% | $247 / Sq Ft |
| 03/07/2025 03/07/25 | For Sale | $415,514 | +446.7% | $251 / Sq Ft |
| 03/17/2023 03/17/23 | Sold | $76,000 | 0.0% | -- |
| 02/02/2023 02/02/23 | Pending | -- | -- | -- |
| 02/01/2023 02/01/23 | For Sale | $76,000 | -- | -- |
Source: Hive MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $158,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $240,000 | New Conventional | |
| Previous Owner | $82,000 | New Conventional | |
| Previous Owner | $158,000 | Construction | |
| Previous Owner | $225,000 | Construction |
Source: Public Records
Similar Homes in Wilmington, NC
Source: Hive MLS
MLS Number: 100494235
APN: R04813-010-014-000
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