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Sold for $535,000
  • $535,000

    240 N Water Street Apt 553, Wilmington, NC 28401

    1beds
    1,145sqft
    Condominium
    Built in 2020
    -- sqft lot
    $542,900 Zestimate®
    $467/sqft
    $2,758 Estimated rent

    Home value

    $542,900

    $505,000 - $586,000

    $2,758/mo

    Zestimate® history
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    What's special

    Higher end finishesRoof top terraceLarge kitchen islandPrivate balconyBuilt in microwaveInduction cooktopQuartz counter tops
    This custom designed condo, in amenity rich River Place, is located in the heart of historic Wilmington. NOTE: this condo has higher end finishes, a balcony and exclusive access to the Tower lobby with concierge services and club rooms featuring a pool table, meeting area, coffee/wet bar, pet spas and designated storage lockers on the ground floor and NOT to be confused with the apartment conversions! Enjoy the open concept living area, large kitchen island and private BALCONY perfect for al fresco dining all while taking in the picturesque river and sunset views. This unit includes quartz counter tops, stainless steel appliances, including an induction cooktop and convection oven with warming drawer, built in microwave, and w/d . The living room has a gorgeous urban view, including Bijou park, perfect for entertaining and a beautiful view of the river upon entering the primary bedroom. The office/den sleeps like a 2nd bedroom with a half bath for guest convenience. All windows have motorized blinds. Make sure to watch the 4th of July fireworks from the roof top terrace with pool, jacuzzi, grill, firepit and fitness center all overlooking the USS North Carolina. EV charging station in parking structure. One assigned parking space ($100/mo). Bijou park runs through the property leading to on site grocery store, Axis fitness, Mellow Mushroom and Ruth's Chis! Close to Thalian hall, Wilson center, CFCC, Live Oak Amphitheater, top restaurants and much more- you are in the heart of it all! FURNITURE IS NEGOTIABLE.

    Zillow last checked:

    Listing updated:

    Listed by:

    The Rieker Team 910-795-6193,

    Intracoastal Realty Corp

    Bought with:

    The Domenico Grillo Real Estate Team

    Keller Williams Innovate-Wilmington

    Source: Hive MLS,MLS#: 100466986MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Primary Living Area
    Dining room
    • Features: Combination
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Vented Exhaust Fan, Electric Oven, Built-In Microwave, Washer, Self Cleaning Oven, Refrigerator, Dryer, Disposal, Dishwasher
    • Laundry: Laundry Closet
    Features
    • Master Downstairs, Walk-in Closet(s), Kitchen Island, Elevator, Ceiling Fan(s), Walk-in Shower, Blinds/Shades, Walk-In Closet(s)
    • Flooring: LVT/LVP
    • Basement: None
    • Attic: None
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,145
    • Total interior livable area: 1,145 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Covered, Assigned, Lighted, Off Street
    • Details: Parking assigned
    Accessibility
    • Accessibility features: Accessible Hallway(s), Accessible Entrance, Accessible Elevator Installed
    Features
    • Stories: 1
    • Entry location: 4th Floor or Higher Unit
    • Patio & porch: Balcony
    • Exterior features: Cluster Mailboxes
    • Fencing: None
    • Has view: Yes
    • View description: River
    • Has water view: Yes
    • Water view: River
    • Waterfront features: None
    • Frontage type: River
    Lot
    • Size: 1,306 Square Feet
    Details
    • Parcel number: R04720007026033
    • Zoning: CBD
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete
    • Foundation: Slab
    • Roof: Membrane
    Condition
    • New construction: No
    • Year built: 2020

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available
    Green energy
    • Green verification: None

    Community & HOA

    Community
    • Security: Fire Sprinkler System, Smoke Detector(s)
    • Subdivision: River Place
    HOA
    • Has HOA: Yes
    • Amenities included: Barbecue, Billiard Room, Clubhouse, Pool, Concierge, Elevator(s), Fitness Center, Flood Insurance, Maintenance Common Areas, Maintenance Grounds, Maintenance Structure, Management, Master Insure, Meeting Room, Party Room, Pest Control, Security, Spa/Hot Tub, Storage, Trash
    • HOA fee: $9,175 monthly
    • HOA name: Overlook at River Place Condominium Association
    • HOA phone: 910-362-3910
    • Second HOA fee: $1,200 monthly
    • Second HOA name: Overlook HOA - Parking
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $467/sqft
    • Tax assessed value: $457,200
    • Annual tax amount: $2,057
    • Date on market: 8/1/2025
    • Cumulative days on market: 77 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Lease term: 6 Months
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/3/2025Sold$535,000-1.8%$467/sqft
    Source: Hive MLS #100466986 Report a problem
    12/5/2024Contingent$545,000$476/sqft
    Source: Hive MLS #100466986 Report a problem
    11/13/2024Price change$545,000-0.9%$476/sqft
    Source: Hive MLS #100466986 Report a problem
    9/19/2024Listed for sale$549,950+28.8%$480/sqft
    Source: Hive MLS #100466986 Report a problem
    11/12/2021Sold$427,000-2.7%$373/sqft
    Source: Hive MLS #100262769 Report a problem
    10/18/2021Pending sale$439,000$383/sqft
    Source: Hive MLS #100262769 Report a problem
    3/23/2021Listed for sale$439,000$383/sqft
    Source: Hive MLS #100262769 Report a problem
    2/5/2021Listing removed--
    Source: Hive MLS #100164582 Report a problem
    1/5/2021Pending sale$439,000$383/sqft
    Source: Hive MLS #100164582 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,632 -12%$549,400 +20.2%
    2024$2,991 +43.8%$457,200
    2023$2,080 +98.9%$457,200
    2022$1,046 +151.2%$457,200
    2021$416 $457,200
    Find assessor info on the county website

    Neighborhood: Historic Downtown

    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
    $542,900
    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
    $542,900