23 days on rocket

705 Mcrae St, Wilmington, NC, 28401

$395,000

Home List Price

$4,691*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,580 SqFt
$250/SqFt
House
Schools Nearby

Location

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705 Mcrae St, Wilmington$395,000

Buyer Closing Credits

$4,691*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Off Street, On Street
Year BuiltNew Const., 2022
HeatingForced Air, Heat Pump
CoolingCentral Air
FireplaceNone
MLS #100437244
Lot Size0.05 Acres
StatusActive

About 705 Mcrae St

Welcome to 705 McRae St. Brand New Construction in the Brooklyn Arts District, a short walk to the Wilmington Downtown Riverfront. 705 Features 3 bedrooms, 2.5 baths, 9' ceilings, granite tops, custom tile, clean lines, with off street parking and a partially fenced back yard. The open floor plan, two story covered porches and walk out patio provide ample space for entertaining or relaxing with your favorite book. This home has off street parking for two cars, as well as on street parking for guests. This versatile property is ideal for a single family residence or an investment property. This high quality new construction home by Rete Construction is a must see.

Property Details

Property Features

Property Information:

  • Year Built: 2022
  • Stories: 2
  • Living Area: 1,580 SqFt

Listing Office:

  • Office Name: Southeast Properties Real Estate LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Electric Oven, Electric Stove
  • Flooring Type: LVT/LVP, Tile
  • Interior: 9Ft+ Ceilings, Blinds/Shades, Solid Surface, Walk-in Shower, Walk-In Closet
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Interior Lot
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, 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
  • 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: Market St (17S) to N 17th St. Bear Left onto Rankin St. Right on McRae St, house is 2.5 blocks ahead on the Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $395,000
  • Price Per SqFt: $250/SqFt

Tax Information:

  • Annual Amount: $159
  • 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

705 Mcrae St vs Wilmington

23 DAYS ON ROCKET

-16 Days

$395,000

-$14.1K Less

$250/SqFt

+$14 More

KEY TAKEAWAY

This property is $14.1K less than the Median Sold Price and $14/SqFt more than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100437244

Listing Office:

  • Office Name: Southeast Properties Real Estate LLC

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, 2:25:21 PM 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$159$15,100
2019$159$15,100
2018$159$15,100
2017$217$15,100

History based on county public records data.

Payment Calculator

$2,039

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,251

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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-3150311
3
/10

  • A H Snipes Academy of Arts/Des

  • 2150 Chestnut St

  • 1.15 miles

  • Public District Grades PK-5

school-card-donut-3150312
4
/10

  • Dr John Codington Elementary School

  • 4321 Carolina Beach Rd

  • 5.52 miles

  • Public District Grades KG-5

school-card-donut-3150313
7
/10

  • Dr Hubert Eaton Sr Elementary School

  • 6701 Gordon Rd

  • 6.22 miles

  • Public District Grades PK-5

High School

school-card-donut-3150314
3
/10

  • New Hanover High School

  • 1307 Market St

  • 0.64 miles

  • Public District Grades 9-12

school-card-donut-3150315
8
/10

  • Isaac M Bear High School

  • 630 Macmillan Ave N

  • 3.92 miles

  • Public District Grades 9-12

school-card-donut-3150316
9
/10

  • Wilmington Early College High School

  • 4500 Blue Clay Rd

  • 6.50 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 $14,095. Typical income of Wilmington, NC residents is less than $35k annually. Residents typically live in single, no kids family. 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 705 Mcrae St

What is the listing price of this property?

The listing price of 705 Mcrae St property is $395,000.

What type of property is this?

The property 705 Mcrae St is a house located in Wilmington, North Carolina, 28401.

Is this property for sale now?

Active Listing: 705 Mcrae 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 705 Mcrae 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 $159 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 705 Mcrae St has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 705 Mcrae St is 1,580 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 705 Mcrae St is 2022.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28401›705 Mcrae St

This home is located at 705 Mcrae St in Wilmington, NC and zip code 28401 in the Northside neighborhood. This 1,580 square foot home, which was built in 2022, sits on a 0.05 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 06, 2024 and is currently priced at $395,000.

In March 2024 more than 54 listings in Wilmington, NC were sold above the asking price. During the same period more than 53 listings were sold at asking price, while 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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