NOT LISTED FOR SALE

Estimated Value: $375,251 - $412,000

3 Beds
2.5 Baths
1,658 Sq Ft
$235/Sq Ft Est. Value

Sale Details

Date Sold: December 19, 2025

Last sale price $385,000 $232 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,265 / mo

264 Days on Market

Highlights

  • High Ceiling
  • Covered Patio or Porch
  • Balcony
  • No HOA
  • Fenced Yard
  • Kitchen Island

About This Home

As of December 2025

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!

Last Agent to Sell the Property

Tara Coffer

Sound and Sea Realty LLC License #319861 Listed on: 03/14/2025

Co-Listed By

Anna Watters

Sound and Sea Realty LLC License #326121

Last Buyer's Agent

Sally Seller

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,064

Year Built

  • Built in 2023

Lot Details

  • 2,309 Sq Ft Lot
  • Property fronts a state road
  • Fenced Yard
  • Property is zoned R-3

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,658 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Combination Dining and Living Room
  • Partial Basement
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,064

Year Built

Built in 2023

Lot Details

2,309 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 2023
  • Property Sub Type: Single Family Residence
  • Original List Price: 387800.00
  • Unit Levels: Two
  • Living Area: 1658.00
  • Is New Construction?: No
  • 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: 233.90
  • Special Features: None

Interior Features

  • Dining Room Type: Combination
  • Interior Amenities: High Ceilings, Kitchen Island, Pantry
  • Master Bedroom Level: Non Primary Living Area
  • Stories: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Has Fireplace?: No
  • Total Bedrooms: 4
  • Room Types: Dining Area
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 2.10
  • Living Area Range: 1600 - 1799

Exterior Features

  • Exterior Finish: Fiber Cement
  • Fencing: Privacy, Partial, Back Yard
  • Roof: Architectural Shingle
  • Road Frontage Type: City Street, State Road, Paved
  • Road Surface Type: Paved
  • Waterfront?: No
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch, Balcony

Garage/Parking

  • Has Attached Garage?: No
  • Has Attached Garage?: No
  • Parking Features: On Street, Off Street, On Site, Paved

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating System Fuel Source: Electric
  • Trash Collection: City Pick-UP
  • Water Source: Public
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer

Condo/Co-op/Association

  • 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: 6715
  • Deed Page: 2074.00
  • Zoning: R-3
  • Lot Size Acres: 0.05
  • Lot Size: irregular
  • Lot Size Sq Ft: 2309.00
  • Purchase Contract Date: 2025-11-26
  • Parcel#: R04813-010-014-000
  • Cobra Zone Y N: No
  • Federal Flood Insurance Available Y N: Yes
  • Permitted Use: Public

Tax Info

  • Tax Year: 2024
  • Tax Book Number: 0
  • Tax Map Number: 0
  • Tax Other Assessment Amount Frequency: None Known
  • Tax Amount: 2063.64

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 14, 2025
Closed on
Dec 11, 2025
Sold by
Bought by
Seller's Agent
Tara Coffer
Sound and Sea Realty LLC
Buyer's Agent
Sally Seller
Non Member Office
List Price
$387,800
Sold Price
$385,000
Premium/Discount to List
-$2,800
-0.72%
Views
228
Current Estimated Value
$389,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,063
Avg. Annual Appreciation
2.00%
Original Mortgage
$308,000
Outstanding Balance
$307,411
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$81,652

Purchase Details

Closed on
Jul 2, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2023
Closed on
Mar 15, 2023
Sold by
Bought by
Seller's Agent
Jeff Green
RE/MAX Essential
Buyer's Agent
Ben Szafran
Keller Williams Innovate-Wilmington
List Price
$76,000
Sold Price
$76,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.27%

Purchase Details

Closed on
Sep 9, 2002
Sold by
Bought by

Purchase Details

Closed on
Jan 1, 2001
Bought by

Purchase Details

Closed on
Feb 12, 1998
Sold by
Bought by

Purchase Details

Closed on
Jan 2, 1995
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 1988
Sold by
Bought by
Source: Public Records

Range of Values:

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

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
$385,000 None Listed On Document
-- None Listed On Document
$158,000 --
-- --
-- --
-- --
-- --
-- --
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 $308,000
Previous Owner $240,000
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
12/19/2025 12/19/25 Sold $385,000 -0.7% $232 / Sq Ft
12/12/2025 12/12/25 Off Market $387,800 -- --
12/03/2025 12/03/25 For Sale $387,800 0.0% $234 / Sq Ft
11/27/2025 11/27/25 For Sale $387,800 0.0% $234 / Sq Ft
11/26/2025 11/26/25 Pending -- -- --
10/24/2025 10/24/25 Price Changed $387,800 0.0% $234 / Sq Ft
10/15/2025 10/15/25 Price Changed $387,900 -2.5% $234 / Sq Ft
10/09/2025 10/09/25 Price Changed $397,900 0.0% $240 / Sq Ft
10/02/2025 10/02/25 Price Changed $398,000 0.0% $240 / Sq Ft
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% -- View Prior Sale
02/02/2023 02/02/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $76,000 -- --
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 $2,106 $357,800 $112,200 $245,600
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

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100494235

Hive MLS

APN: R04813-010-014-000

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