12 days on rocket

Sale Pending

427 N Kerr Ave, Wilmington, NC, 28405

$365,000

Home List Price

$4,334*

Closing Credit

4 Bedrooms
2 Full Baths
1,649 SqFt
$221/SqFt
House
Schools Nearby

Location

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427 N Kerr Ave, Wilmington$365,000

Buyer Closing Credits

$4,334*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Off Street, On Site, Paved
Year Built1957
HeatingHeat Pump
CoolingHeat Pump
FireplaceNone
MLS #100439442
Lot Size0.40 Acres
StatusSale Pending
(Pending)

About 427 N Kerr Ave

Opportunity Knocks! This beautifully maintained, updated 1650 s/f brick home in central Wilmington with additional income-producing potential is a rare find! With 4 bedrooms and 2 full baths on a .40-acre lot, this bright and light home boasts hardwood floors in all living spaces and bedrooms, newer windows, roof replaced in 2019 and HVAC with new ductwork in 2016. A fully renovated kitchen features contemporary granite, white cabinetry, and appliances all less than two years old. Refrigerator, washer and dryer included. Both bathrooms have also been remodeled, and primary bathroom features a walk-in shower. 4th bedroom has hair salon with its own private entrance but could easily be used for another work-from-home business with parking for patrons. Enjoy relaxing on the welcoming front porch or enjoy entertaining on the back covered patio, which overlooking the large, private yard with mature trees. The backyard affords space for building an Accessory Dwelling Unit - perfect for the savvy investor looking for rental income in a prime location. No HOA and conveniently situated near shopping, downtown Wilmington, UNCW and Wrightsville Beach. Don't wait to make an appointment on this one!

Property Details

Property Features

Property Information:

  • Year Built: 1957
  • Stories: 1
  • Living Area: 1,649 SqFt

Listing Office:

  • Office Name: RE/MAX Essential

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Electric Oven, Electric Stove, Washer
  • Flooring Type: LVT/LVP, Tile, Wood
  • Interior: 1st Floor Master, Blinds/Shades, Solid Surface, Walk-in Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Isaac M Bear High School, Public District Grades 9-12
  • Emsley A Laney High School, Public District Grades 9-12
  • Wilmington Early College High School, Public District Grades 9-12
  • M C S Noble Middle School, Public District Grades 6-8
  • College Park Elementary School, Public District Grades KG-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: Heading towards Downtown Wilmington on Market St, take a right on N Kerr Ave. Make a U-Turn at the intersection of New Centre Drive and Kerr Ave; 427 N. Kerr is on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $365,000
  • Price Per SqFt: $221/SqFt

Tax Information:

  • Annual Amount: $1,084
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$409.1K

Med. Price/SqFt

$236

Avg. Days On Market

39

# of Sold Homes

264

427 N Kerr Ave vs Wilmington

12 DAYS ON ROCKET

-27 Days

$365,000

-$44.1K Less

$221/SqFt

-$15 Less

KEY TAKEAWAY

This property is $44.1K less than the Median Sold Price and $15/SqFt less than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100439442

Listing Office:

  • Office Name: RE/MAX Essential

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: 5/1/2024, 10:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,084$102,900
2019$1,083$102,900
2018$1,084$102,900
2017$1,228$102,900

History based on county public records data.

Payment Calculator

$1,889

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

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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-4139781
4
/10
  • College Park Elementary School

  • 5001 Oriole Dr

  • 1.72 miles

  • Public District Grades KG-5

school-card-donut-4139782
7
/10
  • Dr Hubert Eaton Sr Elementary School

  • 6701 Gordon Rd

  • 3.42 miles

  • Public District Grades PK-5

school-card-donut-4139783
4
/10
  • Dr John Codington Elementary School

  • 4321 Carolina Beach Rd

  • 5.85 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4139784
5
/10
  • M C S Noble Middle School

  • 6520 Market St

  • 3.09 miles

  • Public District Grades 6-8

High School

school-card-donut-4139785
8
/10
  • Isaac M Bear High School

  • 630 Macmillan Ave N

  • 2.13 miles

  • Public District Grades 9-12

school-card-donut-4139786
5
/10
  • Emsley A Laney High School

  • 2700 N College Rd

  • 3.59 miles

  • Public District Grades 9-12

school-card-donut-4139787
9
/10
  • Wilmington Early College High School

  • 4500 Blue Clay Rd

  • 5.25 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,396. Residents of Wilmington, NC typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 427 N Kerr Ave

What is the listing price of this property?

The listing price of 427 N Kerr Ave property is $365,000.

What type of property is this?

The property 427 N Kerr Ave is a house located in Wilmington, North Carolina, 28405.

Is this property for sale now?

Sale Pending: 427 N Kerr 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 427 N Kerr Ave are:
College Park Elementary School: GreatSchools Rating 4/10
Dr Hubert Eaton Sr Elementary School: GreatSchools Rating 7/10
Dr John Codington Elementary School: GreatSchools Rating 4/10
M C S Noble Middle School: GreatSchools Rating 5/10
Isaac M Bear High School: GreatSchools Rating 8/10
Emsley A Laney High School: GreatSchools Rating 5/10
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 $1,084 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 427 N Kerr Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 427 N Kerr Ave is 1,649 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 427 N Kerr Ave is 1957.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28405›427 N Kerr Ave

This home is located at 427 N Kerr Ave in Wilmington, NC and zip code 28405 in the North Kerr neighborhood. This 1,649 square foot home, which was built in 1957, sits on a 0.40 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $365,000.

In March 2024, from all listings sold in Wilmington, NC there were more than 54 sold above asking price, over 157 sold below and more than 53 were sold right at the asked price. Between February 2024 and March 2024, Wilmington, NC real estate market has seen increase in the number of listings by 6.8%. The median list price of listings available in March 2024 was $409,102, while the average time on the real estate market was 39 days.

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

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