Opportunity Knocks! This beautifully maintained, updated 1650 s/f brick home in central Wilmington with additional income-producing potential is a rare find! With 4 bedrooms and 2 full baths on a .40-acre lot, this bright and light home boasts hardwood floors in all living spaces and bedrooms, newer windows, roof replaced in 2019 and HVAC with new ductwork in 2016. A fully renovated kitchen features contemporary granite, white cabinetry, and appliances all less than two years old. Refrigerator, washer and dryer included. Both bathrooms have also been remodeled, and primary bathroom features a walk-in shower. 4th bedroom has hair salon with its own private entrance but could easily be used for another work-from-home business with parking for patrons. Enjoy relaxing on the welcoming front porch or enjoy entertaining on the back covered patio, which overlooking the large, private yard with mature trees. The backyard affords space for building an Accessory Dwelling Unit - perfect for the savvy investor looking for rental income in a prime location. No HOA and conveniently situated near shopping, downtown Wilmington, UNCW and Wrightsville Beach. Don't wait to make an appointment on this one!
Sold for $370,000
$370,000
427 N Kerr Avenue, Wilmington, NC 28405
4beds
1,649sqft
Single Family Residence
Built in 1957
0.4 Acres Lot
$398,100 Zestimate®
$224/sqft
$2,422 Estimated rent
Home value
$398,100
$378,000 - $418,000
$2,422/mo
Zestimate® history
Owner options
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$2,422/mo
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$2,422/mo
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$2,145/mo
Est. payment
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$2,145/mo
Est. payment
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List your homeWhat's special
Private entranceFully renovated kitchenDowntown wilmingtonHardwood floorsCentral wilmingtonPrivate yardMature trees
Zillow last checked:
Listing updated:
Listed by:
Laura L Betz 910-233-7369,
RE/MAX Essential
Bought with:
Harold Chappell, 185124
NextHome Cape Fear
Source: Hive MLS,MLS#: 100439442
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Primary Living Area
Dining room
- Features: Combination
Heating
- Heat Pump, Electric
Cooling
- Heat Pump
Appliances
- Included: Electric Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Dishwasher
Features
- Master Downstairs, Solid Surface, Walk-in Shower, Blinds/Shades
- Flooring: LVT/LVP, Tile, Wood
- Attic: See Remarks
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,649
- Total interior livable area: 1,649 sqft
Property
Parking
- Parking features: Concrete, Off Street, On Site, Paved
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch
- Fencing: Partial
Lot
- Size: 0.4 Acres
- Dimensions: 100 x 174 x 100 x 174
Details
- Parcel number: R04910003013000
- Zoning: R-10
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Veneer
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Fairlawn
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $224/sqft
- Tax assessed value: $135,300
- Annual tax amount: $576
- Date on market: 10/15/2025
- Cumulative days on market: 2 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2024 | Sold | $370,000+1.4%$224/sqft |
Source:  Hive MLS #100439442 Report a problem | ||
| 4/19/2024 | Pending sale | $365,000$221/sqft |
Source: Hive MLS #100439442 Report a problem | ||
| 4/18/2024 | Listed for sale | $365,000+19.3%$221/sqft |
Source: Hive MLS #100439442 Report a problem | ||
| 7/11/2022 | Sold | $306,000-1.3%$186/sqft |
Source: Hive MLS #100325671 Report a problem | ||
| 5/31/2022 | Pending sale | $309,900$188/sqft |
Source: Hive MLS #100325671 Report a problem | ||
| 5/28/2022 | Listed for sale | $309,900$188/sqft |
Source: Hive MLS #100325671 Report a problem | ||
| 5/25/2022 | Pending sale | $309,900$188/sqft |
Source: Hive MLS #100325671 Report a problem | ||
| 5/20/2022 | Price change | $309,900-4.6%$188/sqft |
Source: Hive MLS #100325671 Report a problem | ||
| 5/8/2022 | Listed for sale | $325,000+104.4%$197/sqft |
Source: Hive MLS #100325671 Report a problem | ||
| 4/17/2010 | Listing removed | $159,000$96/sqft |
Source: Intracoastal Realty #445691 Report a problem | ||
| 3/13/2010 | Listed for sale | $159,000$96/sqft |
Source: Intracoastal Realty #445691 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,143 +82% | $364,100 +169.1% |
| 2024 | $1,177 +3% | $135,300 |
| 2023 | $1,143 -0.6% | $135,300 |
| 2022 | $1,150 -0.7% | $135,300 |
| 2021 | $1,158 +6.8% | $135,300 +31.5% |
| 2020 | $1,084 | $102,900 |
| 2019 | $1,084 | $102,900 |
| 2018 | $1,084 | $102,900 |
| 2017 | $1,084 -11.7% | $102,900 -7.1% |
| 2016 | $1,228 +4.6% | $110,800 |
| 2015 | $1,173 +4.4% | $110,800 |
| 2014 | $1,124 | $110,800 -3.7% |
| 2013 | -- | $115,000 |
| 2012 | -- | $115,000 -28.1% |
| 2011 | -- | $159,844 |
| 2010 | -- | $159,844 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $98,044 |
| 2004 | -- | $98,044 |
| 2003 | -- | $98,044 |
| 2002 | -- | $98,044 |
| 2001 | -- | $98,044 |
| 2000 | -- | $98,044 |
Find assessor info on the county website
Neighborhood: North Kerr
Nearby homes
- $243,2003 bd1 ba1.3k sqft421 N Kerr Ave, Wilmington, NC 28405Off Market
- $400,0003 bd1 ba1k sqft501 N Kerr Ave, Wilmington, NC 28405For Sale
- $285,3003 bd1 ba1.1k sqft428 Clover Rd, Wilmington, NC 28405Off Market
- $262,4002 bd1 ba1.3k sqft415 N Kerr Ave, Wilmington, NC 28405Off Market
- $251,2003 bd1 ba1k sqft509 N Kerr Ave, Wilmington, NC 28405Off Market
- $347,6003 bd2 ba2k sqft422 Clover Rd, Wilmington, NC 28405Off Market
- $332,0003 bd2 ba1.7k sqft504 Clover Rd, Wilmington, NC 28405Off Market
- $242,7003 bd1 ba1.2k sqft510 Clover Rd, Wilmington, NC 28405Off Market
Nearby schools
GreatSchools rating
- 3/10College Park Elementary at Sidbury RoadGrades: K-5Distance: 1.7 mi
- 6/10M C S Noble MiddleGrades: 6-8Distance: 3.1 mi
- 4/10Emsley A Laney HighGrades: 9-12Distance: 3.8 mi
Schools provided by the listing agent
- Elementary: College Park
- Middle: Noble
- High: Laney
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
$398,100
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
$398,100
- North Carolina
- New Hanover County
- Wilmington
- 28405
- North Kerr
- 427 N Kerr Avenue
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