1 month on rocket

708 Market St, Wilmington, NC, 28401

$1,100,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
5 Full Baths
6,950 SqFt
$158/SqFt
House
Schools Nearby

Location

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708 Market St, Wilmington$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, On Site
Year Built1894
HeatingOther
CoolingOther
WaterfrontNone
Fireplace3+
MLS #100433611
Lot Size0.42 Acres
StatusActive

About 708 Market St

THE GILCHRIST MANSION AND CARRIAGE HOUSE Many buildings are built, but very few are createdIt is a rare opportunity to buy a 6,950 sq ft historical mansion that allows a person to create something truly magnificent and magical. This Queen Anne-style historical mansion was built by E. William Gilchrist in 1894. There are two options to consider when purchasing this property. One is to follow through with the seller's plan to subdivide the mansion into 4 upscale residences (The Gilchrist Mansion and Carriage House) or, Two - renovate the 6 bedroom, 5 bath mansion as a luxurious palatial estate for your own use. It has taken 2 years to get The Gilchrist project to this point. The site has been cleared, and architectural and engineering plans are in place and ready for this majestic conversion. The purchase price includes all architectural and engineering plans and more. Please visit online at TheGilchrist to get a detailed overview of this unique project. It is very unlikely to find a large lot facing two streets in historic downtown Wilmington. This property consists of 0.42 acre and fronts Market Street as well as 7th Street and is within walking distance to the heart of downtown and very close to the new Coca-Cola Soda Pop district. The exterior of the mansion is in great shape, the metal roof is newer, the interior has been stripped down to its bones, and its bones are in excellent shape. The house features 12-foot ceilings, a grand staircase, a basement, 8 fireplaces and so much more! I can assure you that once you visit this property, the experience will be one of wonder and wonderful!

Property Details

Property Features

Property Information:

  • Year Built: 1894
  • Stories: 3
  • Living Area: 6,950 SqFt

Listing Office:

  • Office Name: Sky's the Limit Realty

Interior Features

Interior Information:

  • Appliances: Range, Oven
  • Flooring Type: See Remarks
  • Interior: 1st Floor Master, 9Ft+ Ceilings, Basement, Foyer, Security System
  • Fireplace: 3+

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • Exterior: None

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.42 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

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
  • 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: Located on Market Street, just 7 blocks from the Cape Fear River.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $158/SqFt
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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

708 Market St vs Wilmington

40 DAYS ON ROCKET

+1 Day

$1,100,000

+$690.8K More

$158/SqFt

-$78 Less

KEY TAKEAWAY

This property is $690.8K more than the Median Sold Price and $78/SqFt less than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100433611

Listing Office:

  • Office Name: Sky's the Limit Realty

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: 4/28/2024, 4:25:18 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

Apr 30, 2021Home Sold
$375,000

Tax History

YEARPROP. TAXASSESSMENT
2020 - $369,100
2019 - $369,100
2018 - $468,000
2017 - $468,000

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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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-2386185
3
/10

  • A H Snipes Academy of Arts/Des

  • 2150 Chestnut St

  • 1.15 miles

  • Public District Grades PK-5

school-card-donut-2386186
4
/10

  • Dr John Codington Elementary School

  • 4321 Carolina Beach Rd

  • 4.95 miles

  • Public District Grades KG-5

school-card-donut-2386187
7
/10

  • Dr Hubert Eaton Sr Elementary School

  • 6701 Gordon Rd

  • 6.42 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2386188
1
/10

  • Williston Middle School

  • 401 S 10th St

  • 0.47 miles

  • Public District Grades 6-8

High School

school-card-donut-2386189
3
/10

  • New Hanover High School

  • 1307 Market St

  • 0.47 miles

  • Public District Grades 9-12

school-card-donut-2386190
8
/10

  • Isaac M Bear High School

  • 630 Macmillan Ave N

  • 3.71 miles

  • Public District Grades 9-12

school-card-donut-2386191
9
/10

  • Wilmington Early College High School

  • 4500 Blue Clay Rd

  • 7.03 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 $63,258. The most common annual income of people living in Wilmington, NC is between $35k-100k. The most common type of family is single, 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 708 Market St

What is the listing price of this property?

The listing price of 708 Market St property is $1,100,000.

What type of property is this?

The property 708 Market St is a house located in Wilmington, North Carolina, 28401.

Is this property for sale now?

Active Listing: 708 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 708 Market 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
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

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

The last sale was on April 30, 2021 for $375,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 708 Market St has 6 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 708 Market St is 6,950 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 708 Market St is 1894.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28401›708 Market St

This home is located at 708 Market St in Wilmington, NC and zip code 28401 in the Old Wilmington neighborhood. This 6,950 square foot home, which was built in 1894, sits on a 0.42 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $1,100,000.

Over 54 listings were sold over their listed price in March 2024 in Wilmington, NC. In the same period over 157 listings were sold below the listed price and 53 listings were sold for the listed price. Between February 2024 and March 2024, Wilmington, NC real estate market has seen increase in the number of listings by 6.8%. In March 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $409,102.

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

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