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Backup Offers

1417 Market St, Wilmington, NC, 28401

$700,000

Home List Price

$8,313*

Closing Credit

5 Bedrooms
5 Full Baths, 1 Partial
8,027 SqFt
$87/SqFt
House
Schools Nearby

Location

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1417 Market St, Wilmington$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, On Site
Attached Garage2 spaces
Year Built1928
HeatingHeat Pump
CoolingCentral Air
BasementYes
Fireplace3+
MLS #100281308
Lot Size1.03 Acres
StatusAccepting Backup Offers
(Pending with Showings)

About 1417 Market St

$700K price is FIRM and any accepted offer at that price MUST close by 12-31-2022.EXTREME OPPORTUNITY for the buyer with vision! over 8000' (including basement below grade) in a prime Market St (US Route 17) location.Brick (some wood) fenced lot goes all the way back to Princess Street for building expansion or parking. Note docs uploaded in MLS. This is an important part of Wilmington history that the current owner has dragged back from certain demolition and it is ready for your VISION of the completed home. This home will be sold strictly AS-IS. All serious offers will be considered. Preference is shown for offers that show seriousness in their homework/consultation with the city and appropriate DD time and money. This house is ready to finish. Do your homework for your dream finish by getting with city before proceeding with an offer.Listing agent does not have access to any meaningful and timely quotes for completion.This is a *construction zone*; please go prepared.Although there is not a lot of visual evidence of mold, you should assume that it is certainly airborne and be prepared with mask if you are sensitive to that.

Property Details

Property Features

Property Information:

  • Architectural Style: Historic District, Historic Home
  • Year Built: 1928
  • Stories: 3
  • Living Area: 8,027 SqFt

Listing Office:

  • Office Name: Live Oak Real Estate

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: 9Ft+ Ceilings, Foyer, Pantry
  • Fireplace: 3+

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Shutters - Functional

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Off Street, On Site

Lot Features

Lot Information:

  • Lot Size: 1.03 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • New Hanover High School, Public District Grades 9-12
  • Isaac M Bear High School, Public District Grades 9-12
  • Wilmington Early College High School, Public District Grades 9-12
  • A H Snipes Academy of Arts/Des, Public District Grades PK-5
  • Dr John Codington Elementary School, Public District Grades KG-5
  • Dr Hubert Eaton Sr Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Corner of Market and 15th

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
  • Price Per SqFt: $87/SqFt

Tax Information:

  • Annual Amount: $3,997
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Wilmington, NC.

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Wilmington, NC

City

Med. Sold Price

$411.5K

Med. Price/SqFt

$237

Avg. Days On Market

41

# of Sold Homes

291

1417 Market St vs Wilmington

1021 DAYS ON ROCKET

+980 Days

$700,000

+$288.4K More

$87/SqFt

-$151 Less

KEY TAKEAWAY

This property is $288.4K more than the Median Sold Price and $151/SqFt less than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100281308

Listing Office:

  • Office Name: Live Oak Real Estate

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). 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 this firm 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. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:55:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 06, 2016Home Sold
$395,000
May 10, 2007Home Sold
$1,200,000
May 10, 2007Home Sold
$1,200,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,997$379,400
2019$3,693$358,000
2018$3,693$350,600
2017$9,241$350,600

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4494946
3
/10

  • A H Snipes Academy of Arts/Des

  • 2150 Chestnut St

  • 0.60 miles

  • Public District Grades PK-5

school-card-donut-4494947
4
/10

  • Dr John Codington Elementary School

  • 4321 Carolina Beach Rd

  • 4.94 miles

  • Public District Grades KG-5

school-card-donut-4494948
7
/10

  • Dr Hubert Eaton Sr Elementary School

  • 6701 Gordon Rd

  • 5.88 miles

  • Public District Grades PK-5

High School

school-card-donut-4494949
3
/10

  • New Hanover High School

  • 1307 Market St

  • 0.09 miles

  • Public District Grades 9-12

school-card-donut-4494950
8
/10

  • Isaac M Bear High School

  • 630 Macmillan Ave N

  • 3.24 miles

  • Public District Grades 9-12

school-card-donut-4494951
9
/10

  • Wilmington Early College High School

  • 4500 Blue Clay Rd

  • 6.67 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,500. Residents of Wilmington, NC typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1417 Market St

What is the listing price of this property?

The listing price of 1417 Market St property is $700,000.

What type of property is this?

The property 1417 Market St is a house located in Wilmington, North Carolina, 28401.

Is this property for sale now?

Accepting Backup Offers: 1417 Market St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1417 Market St are:
A H Snipes Academy of Arts/Des: GreatSchools Rating 3/10
Dr John Codington Elementary School: GreatSchools Rating 4/10
Dr Hubert Eaton Sr Elementary School: GreatSchools Rating 7/10
New Hanover High School: GreatSchools Rating 3/10
Isaac M Bear High School: GreatSchools Rating 8/10
Wilmington Early College High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,997 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 6, 2016 for $395,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1417 Market St has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 1417 Market St is 8,027 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1417 Market St is 1928.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28401›1417 Market St

This home is located at 1417 Market St in Wilmington, NC and zip code 28401 in the Chestnut neighborhood. This 8,027 square foot home, which was built in 1928, sits on a 1.03 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 15, 2021 and is currently priced at $700,000.

In April 2024, from all listings sold in Wilmington, NC there were more than 72 sold above asking price, over 154 sold below and more than 65 were sold right at the asked price. The inventory of homes for sale in Wilmington, NC between March 2024 and April 2024 increased by 4%. In April 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $411,592.

From Rocket Homes Real Estate and based on county public records data.

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