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$499,000

Beds
3
Baths
2.0
sq ft
1,653

314 Mcrae Street, Wilmington, NC 28401

314 Mcrae Street

Wilmington, NC 28401

  • 5 days on market
Welcome to The 1871 King House, located in the historic district in downtown Wilmington, NC. This 3 bedroom/2 bath gem features timeless architecture and charm, blending the past with the present in the most delightful way. This home has modern eclectic light fixtures and beautiful woodwork. The kitchen and downstairs bathroom have both been recently remodeled. A stunning staircase leads upstairs to two bedrooms and a full bath. The hardwood floors and high ceilings make the home comfortable for entertaining guests or relaxing. A new roof was recently installed, and the exterior was freshly painted in 2021. This home has versatility and could be purchased as an income generating rental. With its proximity to the riverwalk (8 blocks), the Live Oak Pavilion, the Wilson Center, the Brooklyn Arts District, shopping and fine dining, this rare opportunity won't last long. Last, but not least, the home is only 15 minutes from Wrightsville Beach. Enjoy all that Wilmington has to offer at 314 McRae.

Details

Property type

Single Family Residence

Est. home value

$438,890

Lot size

3,267 sq ft

Price per sq ft

$302

Year built

1871

Annual property taxes

$1,770.46

HOA

No

Price History

03/25/2025
NorthCarolinaRegional

NorthCarolinaRegional #100496497

Listed
$499,000
06/10/2024
NorthCarolinaRegional

NorthCarolinaRegional #30506016

Removed
06/23/2023
NorthCarolinaRegional

NorthCarolinaRegional #100382535

Sold
$450,000
+298.23%

Schools & Community

Elementary school: 

Snipes

Middle school: 

Williston

High school: 

New Hanover

High school district: 

New Hanover

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Citizens Bank & Trust Co

Loan start date

June 2023

Original loan amount

$404,900

Est. remaining balance

Not provided

Interest rate

5.97%

Loan type

New Conventional, 30 year

Seller

Daniel E Paul and Caroline Anne Paul

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/30/2025 at 11:30 PM

Listing updated: 03/25/2025 at 9:06 AM

Listed by: Dee G Vick, Landmark Sotheby's International Realty Phone #: (910) 679-8047

MLS: NorthCarolinaRegional #100496497

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