11 days on rocket

Sale Pending

418 Mercer Ave, Wilmington, NC, 28403

$285,000

Home List Price

$3,384*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
805 SqFt
$354/SqFt
House
Schools Nearby

Location

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418 Mercer Ave, Wilmington$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel, On Site
Year Built1945
HeatingHeat Pump
CoolingCentral Air
FireplaceNone
MLS #100440090
Lot Size0.25 Acres
StatusSale Pending
(Pending)

About 418 Mercer Ave

Introducing a rare opportunity to own one of Wilmington's most charming cottages! Centrally located in the subdivision of Mercer Place West, this adorable home is perfect for a primary residence or turn key investment. The curb appeal is enhanced by the rocking chair front porch and recessed lighting. Upon entering the home you'll be pleasantly greeted by vaulted ceilings, expansive open concept living, and loads of natural light! Featuring two bedrooms and 1.5 bathrooms, this floor plan exudes functionality, space, and character. Significant updates were completed in 2018 - giving any buyer peace of mind and ease of maintenance for years to come. Enjoy your spacious backyard which embodies tranquility, peace, and provides a canvas of possibilities with no HOA restricting your imagination. Located moments away from UNCW, Downtown Wilmington, Wrightsville Beach, the airport, shopping, fine dining and major attractions, this property is sure to capture your heart!

Property Details

Property Features

Property Information:

  • Year Built: 1945
  • Stories: 1
  • Living Area: 805 SqFt

Listing Office:

  • Office Name: Coldwell Banker Sea Coast Advantage-Midtown

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Electric Oven, Electric Stove
  • Flooring Type: Tile
  • Interior: 1st Floor Master, Blinds/Shades, Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Gravel, On Site

Lot Features

Lot Information:

  • Lot Size: 0.25 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
  • Williston Middle School, Public District Grades 6-8
  • Forest Hills Global Elementary School, 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: West on Market - Left onto Mercer Ave - House on Right side

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $354/SqFt

Tax Information:

  • Annual Amount: $1,211
  • 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

418 Mercer Ave vs Wilmington

11 DAYS ON ROCKET

-30 Days

$285,000

-$126.5K Less

$354/SqFt

+$116 More

KEY TAKEAWAY

This property is $126.5K less than the Median Sold Price and $116/SqFt more than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100440090

Listing Office:

  • Office Name: Coldwell Banker Sea Coast Advantage-Midtown

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: 5/3/2024, 7:20:36 PM 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 27, 2018Home Sold
$135,000
Apr 28, 2017Home Sold
$52,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,211$115,000
2019$1,211$115,000
2018$1,211$115,000
2017$999$83,600

History based on county public records data.

Payment Calculator

$1,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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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-5559974
2
/10

  • Forest Hills Global Elementary School

  • 602 Colonial Dr

  • 0.47 miles

  • Public District Grades PK-5

school-card-donut-5559975
4
/10

  • Dr John Codington Elementary School

  • 4321 Carolina Beach Rd

  • 4.59 miles

  • Public District Grades KG-5

school-card-donut-5559976
7
/10

  • Dr Hubert Eaton Sr Elementary School

  • 6701 Gordon Rd

  • 4.73 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5559977
1
/10

  • Williston Middle School

  • 401 S 10th St

  • 1.60 miles

  • Public District Grades 6-8

High School

school-card-donut-5559978
3
/10

  • New Hanover High School

  • 1307 Market St

  • 1.53 miles

  • Public District Grades 9-12

school-card-donut-5559979
8
/10

  • Isaac M Bear High School

  • 630 Macmillan Ave N

  • 1.83 miles

  • Public District Grades 9-12

school-card-donut-5559980
9
/10

  • Wilmington Early College High School

  • 4500 Blue Clay Rd

  • 6.49 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. Most Wilmington, NC residents have annual incomes between $100k-200k. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 418 Mercer Ave

What is the listing price of this property?

The listing price of 418 Mercer Ave property is $285,000.

What type of property is this?

The property 418 Mercer Ave is a house located in Wilmington, North Carolina, 28403.

Is this property for sale now?

Sale Pending: 418 Mercer Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 418 Mercer Ave are:
Forest Hills Global Elementary School: GreatSchools Rating 2/10
Dr John Codington Elementary School: GreatSchools Rating 4/10
Dr Hubert Eaton Sr Elementary School: GreatSchools Rating 7/10
Williston Middle School: GreatSchools Rating 1/10
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 $1,211 (source: MLS/based on county public records data).

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

The last sale was on February 27, 2018 for $135,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 418 Mercer Ave has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 418 Mercer Ave is 805 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 418 Mercer Ave is 1945.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28403›418 Mercer Ave

This home is located at 418 Mercer Ave in Wilmington, NC and zip code 28403 in the Forest Hills North neighborhood. This 805 square foot home, which was built in 1945, sits on a 0.25 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $285,000.

In April 2024 more than 72 listings in Wilmington, NC were sold above the asking price. During the same period more than 65 listings were sold at asking price, while more than 154 were sold below. In April 2024 in Wilmington, NC there were 4% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $411,592, while the average time on the real estate market was 41 days.

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

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