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Sold for $521,000
  • $521,000

    124 Magnolia Street, Wilmington, NC 28401

    3beds
    1,667sqft
    Single Family Residence
    Built in 2016
    3,006 Square Feet Lot
    $521,000 Zestimate®
    $313/sqft
    $2,561 Estimated rent

    Home value

    $521,000

    $495,000 - $547,000

    $2,561/mo

    Zestimate® history
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    What's special

    High ceilingsRocking chair front porchTiled bathroomsWalk-in showerGravel parkingFenced backyardGranite countertops
    Welcome to 124 Magnolia Street, perfectly placed in the heart of historic downtown Wilmington where modern construction meets timeless bungalow charm. Built in 2016, this thoughtfully designed 3-bedroom, 2.5-bath home blends traditional farmhouse character with the comfort and efficiency of newer construction. A welcoming rocking chair front porch invites you inside to bright, open living spaces filled with natural light and finished with engineered white oak flooring throughout. The kitchen features granite countertops, a subway tile backsplash, and quality appliances, flowing seamlessly into the dining and living areas designed for both everyday living and entertaining. Tiled bathrooms, a main-level primary suite with a walk-in shower and walk-in closet, high ceilings, and abundant storage make this home as functional as it is beautiful. Outside, enjoy a fenced backyard, with a place to have your own garden, gravel parking to the right of the home, and durable fiber cement siding with architectural shingles built to last. Situated on a quiet downtown street, this rare newer home offers the perfect blend of historic charm and modern convenience. Step out your door and you're moments from the Riverwalk, Cape Fear River, downtown dining, breweries, galleries, and the everyday energy of historic Wilmington. This is downtown living done right.

    Zillow last checked:

    Listing updated:

    Listed by:

    The Summers Real Estate Team 910-750-4007,

    Keller Williams Innovate-Wilmington,

    Jennifer L Summers 910-524-7223,

    Keller Williams Innovate-Wilmington

    Bought with:

    Tim Kaplan, 222278

    Oceanic Realty

    Source: Hive MLS,MLS#: 100588529MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Living Room, Dining Room, Master Bedroom, Bedroom 1, Bedroom 2
    Primary bedroom
    • Level: Main
    • Dimensions: 12.8 x 13.7
    Bedroom 1
    • Level: Second
    • Dimensions: 12.9 x 11.2
    Bedroom 2
    • Level: Second
    • Dimensions: 12.8 x 11.1
    Dining room
    • Level: Main
    • Dimensions: 8.9 x 10.9
    Kitchen
    • Level: Main
    • Dimensions: 13.3 x 9
    Living room
    • Level: First
    • Dimensions: 16.4 x 13.25
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Washer, Refrigerator, Dryer, Dishwasher
    • Laundry: In Hall, Laundry Closet
    Features
    • Master Downstairs, Walk-in Closet(s), High Ceilings, Walk-in Shower, Blinds/Shades, Walk-In Closet(s)
    • Flooring: Tile, Wood
    • Windows: Thermal Windows
    • Basement: None
    • Attic: Storage
    • Has fireplace: No
    Interior area
    • Total structure area: 1,667
    • Total interior livable area: 1,667 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Gravel, Off Street
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Patio & porch: Porch
    • Pool features: None
    • Fencing: Back Yard,Wood
    • Has view: Yes
    • View description: See Remarks
    • Frontage type: See Remarks
    Lot
    • Size: 3,006 Square Feet
    • Dimensions: 75 x 40 x 75 x 40
    Details
    • Parcel number: R05406001004000
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Fiber Cement, Wood Frame
    • Foundation: Crawl Space
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 2016

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available

    Community & HOA

    Community
    • Security: Security Lights, Security System, Smoke Detector(s)
    • Subdivision: Downtown
    HOA
    • Has HOA: No
    • Amenities included: None
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $313/sqft
    • Tax assessed value: $498,000
    • Annual tax amount: $2,930
    • Date on market: 7/13/2026
    • Cumulative days on market: 8 days
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    8/21/2026Sold$521,000-3.3%$313/sqft
    Source: Hive MLS #100588529 Report a problem
    7/20/2026Contingent$539,000$323/sqft
    Source: Hive MLS #100588529 Report a problem
    7/13/2026Listed for sale$539,000+84.6%$323/sqft
    Source: Hive MLS #100588529 Report a problem
    11/26/2019Sold$292,000-1%$175/sqft
    Source: Hive MLS #100189226 Report a problem
    10/20/2019Pending sale$295,000$177/sqft
    Source: RE/MAX Executive #100189226 Report a problem
    10/18/2019Listed for sale$295,000+90.3%$177/sqft
    Source: RE/MAX Executive #100189226 Report a problem
    9/27/2017Sold$155,000-8.3%$93/sqft
    Source: Agent Provided Report a problem
    8/21/2017Pending sale$169,000$101/sqft
    Source: RE/MAX Essential #100077262 Report a problem
    8/14/2017Listed for sale$169,000-19.5%$101/sqft
    Source: RE/MAX Essential #100077262 Report a problem
    9/23/2016Sold$210,000+296.2%$126/sqft
    Source: Public Record Report a problem
    6/20/2013Sold$53,000-23.2%$32/sqft
    Source: Public Record Report a problem
    4/28/2013Listed for sale$69,000-42%$41/sqft
    Source: Dianne Perry and Company #490221 Report a problem
    4/3/2009Listing removed$119,000$71/sqft
    Source: Listhub #428655 Report a problem
    2/1/2009Listed for sale$119,000$71/sqft
    Source: Listhub #428655 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,931 +14.7%$498,000 +69.5%
    2024$2,556 +3%$293,800
    2023$2,483 -0.6%$293,800
    2022$2,497 -0.7%$293,800
    2021$2,514 +25.9%$293,800 +55%
    2020$1,997 -3.8%$189,600 -3.8%
    2019$2,075 $197,000
    2018$2,075 $197,000
    2017$2,075 $197,000 +720.8%
    2016-- $24,000 -67.3%
    2015$777 +4.4%$73,400
    2014$744 $73,400
    2013-- $73,400 -7.8%
    2012-- $79,600 -3.1%
    2011-- $82,132
    2010-- $82,132
    2009-- --
    2008-- --
    2007-- --
    2005-- $71,745
    2004-- $71,745
    2003-- $71,745
    2002-- $71,745
    2001-- $71,745
    2000-- $71,745
    Find assessor info on the county website

    Neighborhood: Dry Pond/Lake Forest

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Snipes
    • Middle: Williston
    • High: New Hanover

    Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $521,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $521,000