5 months on rocket

229 N 31st St, Wilmington, NC, 28405

$729,900

Home List Price

$8,668*

Closing Credit

8 Bedrooms
8 Baths
3,544 SqFt
$206/SqFt
Multi
Schools Nearby

Location

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229 N 31st St, Wilmington$729,900

Buyer Closing Credits

$8,668*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingConcrete, Off Street, On Site, Paved
Year BuiltNew Const., 2023
HeatingHeat Pump
CoolingCentral Air
FireplaceNone
MLS #100414994
Lot Size0.16 Acres
StatusActive

About 229 N 31st St

Brand New Duplex with amazing finishes! 1772 Sqft 4 Bedroom 4 bathroom PER unit.Duplex total is 8 bedrooms 8 bathrooms and 3,544 Sqft. Each unit is identical. LVP flooring, granite countertops, Stainless Steel Appliances, Master on first and second floor and a nice big open floor plan. Great size backyard with patio area. Amazing loan options available to buy and live in one side and rent the other side. Or buy strictly as an investment and rent out both sides. Projected rents are between 2600-3000 a month for each unit for a total of 5200-6000 a month income. Everything is new and under warranty! Off street parking with paved driveways. The duplex was just apprised for $785,000 and happy to share appraisal. Reach out for more details.

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Stories: 2
  • Living Area: 3,544 SqFt

Listing Office:

  • Office Name: Keller Williams Innovate-Wilmington

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Electric Oven, Electric Stove
  • Interior: None
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Concrete, Off Street, On Site, Paved

Lot Features

Lot Information:

  • Lot Size: 0.16 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
  • R Freeman School of Engineering, Public District Grades PK-5
  • Dr Hubert Eaton Sr Elementary School, Public District Grades PK-5
  • Dr John Codington Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Turn right off market street headed Downtown Wilmington on to N 31st street. Go to end of street and home is on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $729,900
  • Price Per SqFt: $206/SqFt

Tax Information:

  • Annual Amount: $256
  • 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

229 N 31st St vs Wilmington

167 DAYS ON ROCKET

+126 Days

$729,900

+$318.3K More

$206/SqFt

-$32 Less

KEY TAKEAWAY

This property is $318.3K more than the Median Sold Price and $32/SqFt less than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100414994

Listing Office:

  • Office Name: Keller Williams Innovate-Wilmington

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, 9:25:19 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

Feb 01, 2021Home Sold
$45,000

Tax History

YEARPROP. TAXASSESSMENT
2020$256$24,300
2019$255$24,300
2018$256$24,300
2017$357$24,300

History based on county public records data.

Payment Calculator

$3,710

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,255

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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-4649393
4
/10

  • R Freeman School of Engineering

  • 2601 Princess Place Dr

  • 0.46 miles

  • Public District Grades PK-5

school-card-donut-4649394
7
/10

  • Dr Hubert Eaton Sr Elementary School

  • 6701 Gordon Rd

  • 4.38 miles

  • Public District Grades PK-5

school-card-donut-4649395
4
/10

  • Dr John Codington Elementary School

  • 4321 Carolina Beach Rd

  • 5.36 miles

  • Public District Grades KG-5

High School

school-card-donut-4649396
3
/10

  • New Hanover High School

  • 1307 Market St

  • 1.58 miles

  • Public District Grades 9-12

school-card-donut-4649397
8
/10

  • Isaac M Bear High School

  • 630 Macmillan Ave N

  • 2.31 miles

  • Public District Grades 9-12

school-card-donut-4649398
9
/10

  • Wilmington Early College High School

  • 4500 Blue Clay Rd

  • 5.74 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 $25,396. The majority of Wilmington, NC residents have income less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›New Hanover County›Wilmington›28405›229 N 31st St

This home is located at 229 N 31st St in Wilmington, NC and zip code 28405 in the Chestnut neighborhood. This 3,544 square foot home, which was built in 2023, sits on a 0.16 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since November 16, 2023 and is currently priced at $729,900.

While more than 72 listings in Wilmington, NC in April 2024 were sold above asking price, there were more than 65 listings sold at asking price, and more than 154 were sold below. Between March 2024 and April 2024, Wilmington, NC real estate market has seen increase in the number of listings 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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