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Backup Offers

2031 Chestnut St, Wilmington, NC, 28405

$398,900

Home List Price

$4,737*

Closing Credit

3 Bedrooms
2 Full Baths
1,300 SqFt
$307/SqFt
House
Schools Nearby

Location

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2031 Chestnut St, Wilmington$398,900

Buyer Closing Credits

$4,737*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Gravel, On Site, On Street
Attached Garage2 spaces
Year Built1948
HeatingForced Air
CoolingCentral Air
WaterfrontNone
Fireplace1
MLS #100430788
Lot Size0.37 Acres
StatusAccepting Backup Offers
(Pending with Showings)

About 2031 Chestnut St

Welcome y'all to this delightful abode, crafted with love back in the 1940s, now standing proud with tasteful updates, nestled on a corner homesite.Picture yourself unwinding on the front porch, embraced by the tranquil embrace of the neighborhood, where mature oak trees stand tall, sidewalks invite leisurely strolls, and the joyful sounds from the nearby parks and the bustling elementary school playground add to the ambiance.Step inside, and you'll find no shortage of meticulous details that pay homage to its rich history - from the gracefully arched doorways and the elegant mantle perched above the gas log fireplace (cu to the exquisite crown molding and the timeless beauty of the original hardwood floors. The home has been thoughtfully updated, featuring bathrooms with tiled showers, luxury vinyl flooring in the kitchen alongside a charming tile backsplash, stainless steel appliances, and sleek, modern countertops that blend tradition with contemporary flair.Out back, the oversized carport and vinyl privacy fence offer a bounty of possibilities for outdoor living and storage, setting the stage for gatherings large and small. This gem is but a stone's throw from the historic heart of Wilmington, inviting you to explore a world of shops, eateries, and attractions. Revel in the offerings of the new Live Oak Bank Pavilion Concert Venue, savor the local brews, stroll the Cape Fear Riverwalk, and so much more! Wrightsville Beach is just a short 15-minute journey away. The second-floor residence, known affectionately as ''Unit B,'' boasts its own entrance, presenting a splendid opportunity for any investor with an eye for charm, or serving perfectly as a quaint guest suite. The space encompasses about 635 sq ft of charm not included in the main home's total heated square footage due to its window heating & air unit as the heat/cooling source. Recently, brand new carpeting was installed. Expect to receive about $1050 if rented.

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 1
  • Living Area: 1,300 SqFt

Listing Office:

  • Office Name: Intracoastal Realty Corp

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Refrigerator, Other, Electric Oven, Electric Stove, Gas Oven, Gas Stove, Washer
  • Basement: No
  • Flooring Type: Carpet, LVT/LVP, Tile, Wood
  • Interior: 1st Floor Master, 2nd Kitchen, Blinds/Shades, Ceiling Fan(s)
  • Fireplace: 1

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • 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: Start on Market Street heading towards the Cape Fear River, right on 23rd, left on Chestnut home is on the right across from Snipes Elementary

Price Information

Listing Price Info

Price Summary:

  • List Price: $398,900
  • Price Per SqFt: $307/SqFt

Tax Information:

  • Annual Amount: $1,813
  • 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

$409.1K

Med. Price/SqFt

$236

Avg. Days On Market

39

# of Sold Homes

264

2031 Chestnut St vs Wilmington

55 DAYS ON ROCKET

+16 Days

$398,900

-$10.2K Less

$307/SqFt

+$71 More

KEY TAKEAWAY

This property is $10.2K less than the Median Sold Price and $71/SqFt more than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100430788

Listing Office:

  • Office Name: Intracoastal Realty Corp

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: 4/29/2024, 6:25:18 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

Nov 16, 2017Home Sold
$175,000
Jun 09, 2008Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,813$172,100
2019$1,846$175,300
2018$1,847$175,300
2017$1,467$175,300

History based on county public records data.

Payment Calculator

$2,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,262

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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-2915362
3
/10

  • A H Snipes Academy of Arts/Des

  • 2150 Chestnut St

  • 0.08 miles

  • Public District Grades PK-5

school-card-donut-2915363
4
/10

  • Dr John Codington Elementary School

  • 4321 Carolina Beach Rd

  • 5.09 miles

  • Public District Grades KG-5

school-card-donut-2915364
7
/10

  • Dr Hubert Eaton Sr Elementary School

  • 6701 Gordon Rd

  • 5.31 miles

  • Public District Grades PK-5

High School

school-card-donut-2915365
3
/10

  • New Hanover High School

  • 1307 Market St

  • 0.64 miles

  • Public District Grades 9-12

school-card-donut-2915366
8
/10

  • Isaac M Bear High School

  • 630 Macmillan Ave N

  • 2.87 miles

  • Public District Grades 9-12

school-card-donut-2915367
9
/10

  • Wilmington Early College High School

  • 4500 Blue Clay Rd

  • 6.26 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 $40,000. The majority of Wilmington, NC residents have income less than $35k annually. Most families are single, no kids. 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 2031 Chestnut St

What is the listing price of this property?

The listing price of 2031 Chestnut St property is $398,900.

What type of property is this?

The property 2031 Chestnut St is a house located in Wilmington, North Carolina, 28405.

Is this property for sale now?

Accepting Backup Offers: 2031 Chestnut 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 2031 Chestnut 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 $1,813 (source: MLS/based on county public records data).

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

The last sale was on November 16, 2017 for $175,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2031 Chestnut St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2031 Chestnut St is 1,300 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2031 Chestnut St is 1948.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28405›2031 Chestnut St

This home is located at 2031 Chestnut St in Wilmington, NC and zip code 28405 in the Chestnut neighborhood. This 1,300 square foot home, which was built in 1948, sits on a 0.37 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $398,900.

While more than 54 listings in Wilmington, NC in March 2024 were sold above asking price, there were more than 53 listings sold at asking price, and more than 157 were sold below. The number of homes for sale in Wilmington, NC increased by 6.8% between February 2024 and March 2024. In March 2024 median list price was $409,102 and the average listing age was 39 days.

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

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