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For sale
    • Price cut: $15K (7/29)
    $325,000

    506 Rheims Way, Wilmington, NC 28412

    3beds
    1,375sqft
    : 
    $1,893/mo
    Get pre-qualified
    Single Family Residence
    Built in 1974
    9,583 Square Feet Lot
    $319,800 Zestimate®
    $236/sqft
    $-- HOA

    What's special

    Beautifully updated kitchenWalk-in tiled showerConveying appliances
    Discover this move-in ready brick ranch with NO HOA in the heart of ''Monkey Junction''. Thoughtful improvements have already been handled for you to include the beautifully updated kitchen w/ double convection oven & matching appliances. The main bathroom has been fully updated, featuring a walk-in tiled shower. All carpets have been replaced with LVP and an added bonus is the large laundry/pantry/mud room combo with a conveying secondary refrigerator and deep freezer. The beautifully landscaped yard backs to woods and Mott Creek where you will enjoy birdwatching and quiet evenings from the newly added, covered back patio. Looking for a home with that large hobby space for your toys? Don't scroll past the huge wired detached garage perfect for storage, parking, billiards, or a workshop. In addition to all the conveying appliances, the home will also come with a strong portable generator and a riding lawnmower. Everything you need right when you move in! Be sure to ask us about the 1% lender credit with our preferred lender!
    26 days
    |
    1,637
    |
    150
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Tidal Realty Partners 910-372-6720,

    REAL Broker LLC,

    Ryan D Mills 910-899-7675,

    REAL Broker LLC

    Source: Hive MLS,MLS#: 100587430MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Master Bedroom, Bedroom 1, Bedroom 2, Living Room, Family Room, Bathroom 1, Bathroom 2
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air
      Features
      • Ceiling Fan(s)
      • Basement: None
      • Attic: Access Only
      Interior area
      • Total structure area: 1,375
      • Total interior livable area: 1,375 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Concrete, Off Street, Garage
      • Garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Patio & porch: Covered, Patio
      • Exterior features: None
      • Pool features: None
      • Fencing: None
      • Has view: Yes
      • View description: See Remarks
      • Frontage type: See Remarks
      Lot
      • Size: 9,583 Square Feet
      • Dimensions: 91 x 121 x 35 x 64 x 111
      Details
      • Parcel number: R07605006005000
      • Zoning: R-10
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick Veneer, Vinyl Siding, Wood Frame
      • Foundation: Slab
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 1974

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Marquis Hills
      HOA
      • Has HOA: No
      Location
      • Region: Wilmington

      Financial & listing details

      • Price per square foot: $236/sqft
      • Tax assessed value: $306,700
      • Annual tax amount: $1,160
      • Date on market: 7/9/2026
      • Cumulative days on market: 26 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Paved

        Estimated market value

        $319,800

        $304,000 - $336,000

        $2,233/mo

        Price history

        DateEventPrice
        7/29/2026Price change$325,000-4.4%$236/sqft
        Source: Hive MLS #100587430 Report a problem
        7/9/2026Listed for sale$340,000+365.8%$247/sqft
        Source: Hive MLS #100587430 Report a problem
        8/1/2002Sold$73,000$53/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,235 +17.3%$306,700 +63.7%
        2024$1,053 +0.6%$187,400
        2023$1,047 -0.9%$187,400
        2022$1,056 +1.8%$187,400
        2021$1,038 +33.8%$187,400 +52.7%
        2020$776 $122,700
        2019$776 $122,700
        2018$776 $122,700
        2017$776 +2.9%$122,700 +12.8%
        2016$754 +7.6%$108,800
        2015$701 +1.7%$108,800
        2014$689 $108,800
        2013-- $108,800
        2012-- $108,800 -26%
        2011-- $147,083
        2010-- $147,083
        2009-- --
        2008-- --
        2007-- --
        2005-- $76,528
        2004-- $76,528
        2003-- $76,528
        2002-- $76,528
        2001-- $76,528
        2000-- $76,528
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Silver Lake

        Getting around

        20 / 100
        Car-Dependent
        29 / 100
        Some Transit
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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