Welcome to 316 Raye Drive, a delightful 3-bedroom, 2-bathroom brick home offering 1,210 square feet of comfortable living space. Built in 1997 and situated on a generous 0.46-acre lot, this residence combines modern amenities with classic charm.
Step inside to discover a welcoming interior featuring a cozy fireplace, perfect for relaxing evenings. The well-designed layout ensures a seamless flow between living spaces, enhancing both comfort and functionality.
The backyard is a true oasis, with an inviting underground pool ideal for warm North Carolina days. A large shed provides additional storage or potential for a workshop, catering to various lifestyle needs.
Enjoy the convenience of nearby shopping, dining, and recreational options, all within a short drive. Experience the perfect blend of tranquility and accessibility at 316 Raye Drive—your ideal Wilmington retreat awaits.
Sold for $375,000
$375,000
316 Raye Drive, Wilmington, NC 28412
3beds
1,210sqft
Single Family Residence
Built in 1997
0.47 Acres Lot
$378,100 Zestimate®
$310/sqft
$2,099 Estimated rent
Home value
$378,100
$348,000 - $412,000
$2,099/mo
Zestimate® history
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$2,212/mo
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Zillow last checked:
Listing updated:
Listed by:
Aspyre Realty Group 910-241-0404,
eXp Realty
Bought with:
Scott H Ashcraft, 219639
BlueCoast Realty Corporation
Source: Hive MLS,MLS#: 100487350
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Primary Living Area
Dining room
- Features: Combination
Heating
- Heat Pump, Electric
Cooling
- Central Air
Features
- Master Downstairs, Walk-in Closet(s), Vaulted Ceiling(s), High Ceilings, Kitchen Island, Ceiling Fan(s), Blinds/Shades, Walk-In Closet(s)
Interior area
- Total structure area: 1,210
- Total interior livable area: 1,210 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage Faces Front, Attached, Off Street
- Has attached garage: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Fencing: Back Yard,Chain Link,Privacy
Lot
- Size: 0.47 Acres
- Dimensions: 150 x 135
Details
- Additional structures: Shed(s)
- Parcel number: R07020008003000
- Zoning: R-15
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Well
- Utilities for property: Sewer Available
Community & HOA
Community
- Subdivision: Silva Terra
HOA
- Has HOA: No
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $310/sqft
- Tax assessed value: $257,500
- Annual tax amount: $1,345
- Date on market: 9/29/2025
- Cumulative days on market: 18 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2025 | Listing removed | $2,100$2/sqft |
Source: Hive MLS #100527471 Report a problem | ||
| 9/22/2025 | Price change | $2,100-16%$2/sqft |
Source: Hive MLS #100527471 Report a problem | ||
| 8/27/2025 | Listed for rent | $2,500$2/sqft |
Source: Hive MLS #100527471 Report a problem | ||
| 4/7/2025 | Sold | $375,000-2.6%$310/sqft |
Source:  Hive MLS #100487350 Report a problem | ||
| 2/24/2025 | Pending sale | $385,000$318/sqft |
Source: Hive MLS #100487350 Report a problem | ||
| 2/6/2025 | Listed for sale | $385,000$318/sqft |
Source: Hive MLS #100487350 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,369 -3.6% | $342,100 +32.9% |
| 2024 | $1,419 +0.4% | $257,500 |
| 2023 | $1,413 -0.9% | $257,500 |
| 2022 | $1,426 +17.3% | $257,500 +17.2% |
| 2021 | $1,215 +33.7% | $219,800 +53% |
| 2020 | $909 | $143,700 |
| 2019 | $909 | $143,700 |
| 2018 | $909 | $143,700 |
| 2017 | $909 -1.8% | $143,700 +7.6% |
| 2016 | $926 +7.6% | $133,600 |
| 2015 | $860 +1.7% | $133,600 |
| 2014 | $846 | $133,600 |
| 2013 | -- | $133,600 |
| 2012 | -- | $133,600 -25% |
| 2011 | -- | $178,205 |
| 2010 | -- | $178,205 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $105,555 |
| 2004 | -- | $105,555 |
| 2003 | -- | $105,555 |
| 2002 | -- | $105,555 |
| 2001 | -- | $105,555 |
| 2000 | -- | $105,555 |
Find assessor info on the county website
Neighborhood: Silver Lake
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10Mary C Williams ElementaryGrades: K-5Distance: 0.6 mi
- 9/10Myrtle Grove MiddleGrades: 6-8Distance: 1.7 mi
- 5/10Eugene Ashley HighGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Williams
- Middle: Myrtle Grove
- High: Ashley
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
$378,100
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
$378,100
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