3 months on rocket

2617 Market St, Wilmington, NC, 28401

$799,000

Home List Price

$9,488*

Closing Credit

5 Bedrooms
5 Full Baths
4,406 SqFt
$181/SqFt
Condo
Schools Nearby

Location

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2617 Market St, Wilmington$799,000

Buyer Closing Credits

$9,488*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street, Unassigned
Year Built1965
HeatingElectric, Forced Air, Separate Meters
CoolingCeiling Fan(s), Central Air, Electric
FireplaceDecorative
MLS #10008535
Lot Size0.37 Acres
StatusActive

About 2617 Market St

Explore a unique investment opportunity in historic Wilmington mid-19th century properties. Nestled in the prime downtown district of one of the city's top 10 high-appreciating neighborhoods, these iconic buildings offer a blend of vintage charm and modern potential. This multifamily building is part of portfolio consisting of Mixed use Multifamily building as well listed separately promises a lucrative venture in a thriving location, combining history with strategic commercial opportunities. -Located in well-established neighborhoods within Downtown Wilmington - Close proximity to the lively Cape Fear River, attracting a steady flow of tourists -Convenient access to major business corridors, including Hwy 17 and Hwy 74 - Situated in the Historic Districts, offering a unique and historically rich investment opportunity -Corner lot property provides an opportunity for land redevelopment for alternative uses. 1-Unit in each Property is left vacant for Owner Occupancy or for potential Airbnb/Rentals. - Two properties in the portfolio comprising a total of 8 residential units and 2 commercial unit(combined into 1) PROPERTIES ARE SOLD TOGETHER see 317 Castle St listing for other property

Property Details

Property Features

Property Information:

  • Architectural Style: A-Frame
  • Year Built: 1965
  • Living Area: 4,406 SqFt

Listing Office:

  • Office Name: REIT Place, llc
  • Office Phone: (919) 926-9776
  • Listing Agent: Traci Hall

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Range, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Washer/Dryer, Washer/Dryer Stacked
  • Flooring Type: Hardwood, Laminate
  • Interior: Apartment/Suite, Bathtub/Shower Combination, Ceiling Fan(s), Granite Counters, Laminate Counters, Living/Dining Room Combination
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: None, Deck

Parking Information:

  • Attached Garage: No
  • Parking: On Street, Unassigned

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Separate Meters
  • Cooling: Ceiling Fan(s), Central Air, Electric

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
  • Williston Middle School, Public District Grades 6-8
  • Forest Hills Global Elementary School, 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

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,000
  • Price Per SqFt: $181/SqFt

Tax Information:

  • Annual Amount: $3,390
  • 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

2617 Market St vs Wilmington

106 DAYS ON ROCKET

+65 Days

$799,000

+$387.4K More

$181/SqFt

-$57 Less

KEY TAKEAWAY

This property is $387.4K more than the Median Sold Price and $57/SqFt less than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10008535

Listing Office:

  • Office Name: REIT Place, llc
  • Office Phone: (919) 926-9776
  • Listing Agent: Traci Hall

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/14/2024, 12:50:39 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

Jan 15, 2021Home Sold
$547,000
Jun 20, 2017Home Sold
$505,000
Jul 20, 2005Home Sold
$441,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,390$321,800
2019$3,389$321,800
2018$3,390$321,800
2017$3,182$321,800

History based on county public records data.

Payment Calculator

$4,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,462

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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-233102
1
/10

  • Forest Hills Global Elementary School

  • 602 Colonial Dr

  • 0.59 miles

  • Public District Grades PK-5

school-card-donut-233103
9
/10

  • Dr Hubert Eaton Sr Elementary School

  • 6701 Gordon Rd

  • 4.86 miles

  • Public District Grades PK-5

school-card-donut-233104
6
/10

  • Dr John Codington Elementary School

  • 4321 Carolina Beach Rd

  • 5.01 miles

  • Public District Grades KG-5

Middle School

school-card-donut-233105
3
/10

  • Williston Middle School

  • 401 S 10th St

  • 1.35 miles

  • Public District Grades 6-8

High School

school-card-donut-233106
2
/10

  • New Hanover High School

  • 1307 Market St

  • 1.14 miles

  • Public District Grades 9-12

school-card-donut-233107
8
/10

  • Isaac M Bear High School

  • 630 Macmillan Ave N

  • 2.39 miles

  • Public District Grades 9-12

school-card-donut-233108
9
/10

  • Wilmington Early College High School

  • 4500 Blue Clay Rd

  • 6.16 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 $100,000. The most common annual income of people living in Wilmington, NC is between $100k-200k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2617 Market St

What is the listing price of this property?

The listing price of 2617 Market St property is $799,000.

What type of property is this?

The property 2617 Market St is a condo located in Wilmington, North Carolina, 28401.

Is this property for sale now?

Active Listing: 2617 Market St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2617 Market St are:
Forest Hills Global Elementary School: GreatSchools Rating 1/10
Dr Hubert Eaton Sr Elementary School: GreatSchools Rating 9/10
Dr John Codington Elementary School: GreatSchools Rating 6/10
Williston Middle School: GreatSchools Rating 3/10
New Hanover High School: GreatSchools Rating 2/10
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 $3,390 (source: MLS/based on county public records data).

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

The last sale was on January 15, 2021 for $547,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2617 Market St has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 2617 Market St is 4,406 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2617 Market St is 1965.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28401›2617 Market St

This home is located at 2617 Market St in Wilmington, NC and zip code 28401 in the Forest Hills North neighborhood. This 4,406 square foot home, which was built in 1965, sits on a 0.37 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 28, 2024 and is currently priced at $799,000.

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. 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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