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Sold for $506,000
  • $506,000

    240 N Water Street #855, Wilmington, NC 28401

    1beds
    1,060sqft
    Condominium
    Built in 2020
    -- sqft lot
    $517,800 Zestimate®
    $477/sqft
    $2,787 Estimated rent

    Home value

    $517,800

    $492,000 - $549,000

    $2,787/mo

    Zestimate® history
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    What's special

    Secured-keyed elevatorsHot tubModern condoFamous river front walkDesigner finishesWater frontTiled bathrooms
    River Place offers an exclusive, luxury, water front, living experience in the heart of downtown Wilmington. The luxurious life style begins upon entering an elegant ground floor lobby with concierge service, a private lounge room with wet bar, billiard room, and a private pet washing room. Using the secured-keyed elevators, the home is located on the eighth floor. When entering the home, you will be greeted with plenty of natural light from the picturesque windows and a walk-out balcony with beautiful Cape Fear River and downtown Wilmington views. This stunning, modern condo offers a spacious, open floor plan with a gorgeous kitchen, which includes quartz countertops, subway tile, and stainless-steel appliances. This home offers a luxurious Primary bedroom with large walk-in closet and a spa-like bath. An additional room with an en-suite bathroom could easily be used as a den, home office, or a 2nd bedroom. The home includes designer finishes, engineered hardwood floors throughout, tiled bathrooms, plenty of pocket doors, and a large laundry room. In love yet? Wait there's more to offer in this private oasis. The jaw-dropping, breath taking amenities include roof top pool, hot tub, fire pit, outdoor shower, entertainment area, and a fully equipped fitness room. Evenings will never be dull between enjoying an evening meal on the private balcony, a stroll on the famous River Front walk, beverages on the roof-top terrace while enjoying the sunset views, a refreshing swim, plus more. Schedule an appointment today for an opportunity to have a living experience that you deserve.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Moore 910-984-7916,

    Coldwell Banker Sea Coast Advantage

    Bought with:

    Clinton R Howlett, 220113

    Berkshire Hathaway HomeServices Carolina Premier Properties

    Source: Hive MLS,MLS#: 100414398MLS LogoOriginating MLS: Jacksonville Board of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Master Bedroom, Living Room, Kitchen, Den, Laundry
    Primary bedroom
    • Level: First
    • Dimensions: 12 x 16
    Den
    • Description: bedroom/office
    • Level: First
    • Dimensions: 9 x 9
    Kitchen
    • Level: First
    • Dimensions: 10 x 16
    Laundry
    • Level: First
    • Dimensions: 6 x 10
    Living room
    • Description: and Dining Room
    • Level: First
    • Dimensions: 14 x 20
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Dishwasher
    • Laundry: Laundry Room
    Features
    • Master Downstairs, Walk-in Closet(s), High Ceilings, Entrance Foyer, Kitchen Island, Elevator, Walk-In Closet(s)
    • Flooring: Tile, Wood
    • Basement: None
    • Attic: None
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,060
    • Total interior livable area: 1,060 sqft

    Property

    Parking
    • Parking features: Parking Lot, On Site, Paved
    • Details: 1 parking space
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 4th Floor or Higher Unit
    • Patio & porch: Covered, Balcony
    • Exterior features: None
    • Fencing: None
    • Has view: Yes
    • View description: River
    • Has water view: Yes
    • Water view: River
    • Waterfront features: None
    Lot
    • Features: See Remarks
    Details
    • Additional structures: See Remarks
    • Parcel number: R04720007026063
    • Zoning: CBD
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Brick
    • Foundation: See Remarks
    • Roof: Flat
    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: Smoke Detector(s)
    • Subdivision: River Place
    HOA
    • Has HOA: Yes
    • Amenities included: Billiard Room, Clubhouse, Pool, Concierge, Elevator(s), Fitness Center, Maintenance Common Areas, Maintenance Grounds, Master Insure, Meeting Room, Pest Control, Sewer, Spa/Hot Tub, Trash, Water
    • HOA fee: $8,258 monthly
    • HOA name: River Place HOA
    • HOA phone: 910-362-3911
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $477/sqft
    • Tax assessed value: $456,500
    • Annual tax amount: $2,054
    • Date on market: 7/15/2025
    • Cumulative days on market: 94 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan,Private Financing Available

    Price history

    DateEventPrice
    4/5/2024Sold$506,000-2.3%$477/sqft
    Source: Hive MLS #100414398 Report a problem
    2/17/2024Listing removed--
    Source: Zillow Rentals Report a problem
    2/17/2024Pending sale$518,000$489/sqft
    Source: Hive MLS #100414398 Report a problem
    1/20/2024Price change$518,000-1.3%$489/sqft
    Source: Hive MLS #100414398 Report a problem
    12/19/2023Price change$525,000-2.8%$495/sqft
    Source: Hive MLS #100414398 Report a problem
    11/22/2023Price change$540,000-3.4%$509/sqft
    Source: Hive MLS #100414398 Report a problem
    11/20/2023Price change$2,900-9.4%$3/sqft
    Source: Zillow Rentals Report a problem
    11/12/2023Listed for sale$559,000+1.6%$527/sqft
    Source: Hive MLS #100414398 Report a problem
    11/8/2023Listing removed--
    Source: Hive MLS #100404394 Report a problem
    11/3/2023Listed for rent$3,200+12.3%$3/sqft
    Source: Zillow Rentals Report a problem
    10/30/2023Price change$550,000-0.9%$519/sqft
    Source: Hive MLS #100404394 Report a problem
    10/12/2023Price change$555,000-0.9%$524/sqft
    Source: Hive MLS #100404394 Report a problem
    9/11/2023Listed for sale$559,900$528/sqft
    Source: Hive MLS #100404394 Report a problem
    9/11/2023Listing removed--
    Source: Hive MLS #100401764 Report a problem
    8/25/2023Listed for sale$559,900-15.8%$528/sqft
    Source: Hive MLS #100401764 Report a problem
    7/24/2023Listing removed--
    Source: Zillow Rentals Report a problem
    7/5/2023Listed for rent$2,850$3/sqft
    Source: Zillow Rentals Report a problem
    5/11/2023Listing removed--
    Source: Hive MLS #100382865 Report a problem
    1/3/2023Sold$665,000+51.1%$627/sqft
    Source: Intracoastal Realty Corp. #100352719_28401_556 Report a problem
    11/2/2022Price change$2,850-8.1%$3/sqft
    Source: Zillow Rental Network_1 #100347612 Report a problem
    10/11/2022Listed for rent$3,100$3/sqft
    Source: Zillow Rental Network_1 #100347612 Report a problem
    11/2/2021Sold$440,000+0.2%$415/sqft
    Source: Hive MLS #100281779 Report a problem
    8/30/2021Pending sale$439,000$414/sqft
    Source: Hive MLS #100281779 Report a problem
    7/19/2021Listed for sale$439,000$414/sqft
    Source: Hive MLS #100281779 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,356 -21.1%$505,900 +10.8%
    2024$2,987 +43.8%$456,500
    2023$2,076 +98.9%$456,500
    2022$1,044 +151.1%$456,500
    2021$416 $456,500
    Find assessor info on the county website

    Neighborhood: Historic Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $517,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $517,800