705 Mcrae St Wilmington, NC 28401
Northside NeighborhoodEstimated payment $2,274/month
Highlights
- No HOA
- Fenced Yard
- Kitchen Island
- Covered Patio or Porch
- Balcony
- Combination Dining and Living Room
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!
Open House Schedule
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Saturday, September 20, 202510:00 am to 6:00 pm9/20/2025 10:00:00 AM +00:009/20/2025 6:00:00 PM +00:00Add to Calendar
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Sunday, September 21, 202510:00 am to 6:00 pm9/21/2025 10:00:00 AM +00:009/21/2025 6:00:00 PM +00:00Add to Calendar
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
- 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
- Heat Pump System
- Municipal Trash
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R04813-010-014-000
Map
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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/18/2025 09/18/25 | Price Changed | $398,100 | 0.0% | $240 / Sq Ft |
| 09/11/2025 09/11/25 | Price Changed | $398,000 | -2.9% | $240 / Sq Ft |
| 09/05/2025 09/05/25 | Price Changed | $409,899 | 0.0% | $247 / Sq Ft |
| 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 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $158,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
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: Hive MLS
MLS Number: 100494235
APN: R04813-010-014-000
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
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