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Off market
  • $468,800

    516 Grace St, Wilmington, NC 28401

    3beds
    2,118sqft
    MultiFamily
    Built in 1907
    -- sqft lot
    $468,800 Zestimate®
    $221/sqft
    $1,893 Estimated rent

    Home value

    $468,800

    $431,000 - $511,000

    $1,893/mo

    Zestimate® history
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    Owner options

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    $1,893/mo

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    Rent Zestimate®

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    $2,745/mo

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    What's special

    This 1907 home is a duplex unit. The upstairs is a 2/1 with ample storage rooms for office, exercise studio, etc. The downstairs unit has been completely renovated. HVAC systems were replaced in 2008. Entirely new insulation, flooring, walls, lighting/ electrical were completed during renovation. The kitchen is brand new, with granite counter tops, under-mount double sink, glass cabinetry, bamboo flooring, recessed lighting, etc. The front porch with rocking swing as well as the fenced back yard makes this a versatile space for single owner looking for income revenue or a family ready to break down a few walls for a 2200 sf home in the heart of downtown Wilmington. Incredible neighbors and neighborhood. We are remiss to let this income property go.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Other, Hardwood
    • Basement: None
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,118 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: On-street
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: Territorial, City
    Lot
    • Size: 2,879 Square Feet
    Details
    • Parcel number: R04817013017000

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Metal
    Condition
    • Year built: 1907

    Community & HOA

    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $221/sqft
    • Tax assessed value: $427,700
    • Annual tax amount: $2,517

    Price history

    DateEventPrice
    9/27/2022Sold$350,000-12.5%$165/sqft
    Source: Hive MLS #100334233 Report a problem
    9/16/2022Pending sale$399,900$189/sqft
    Source: Hive MLS #100334233 Report a problem
    8/30/2022Listed for sale$399,900$189/sqft
    Source: Hive MLS #100334233 Report a problem
    8/13/2022Pending sale$399,900$189/sqft
    Source: Hive MLS #100334233 Report a problem
    8/5/2022Listed for sale$399,900$189/sqft
    Source: Hive MLS #100334233 Report a problem
    7/4/2022Pending sale$399,900$189/sqft
    Source: Hive MLS #100334233 Report a problem
    6/26/2022Price change$399,900-5.9%$189/sqft
    Source: Hive MLS #100334233 Report a problem
    6/17/2022Listed for sale$425,000+42.1%$201/sqft
    Source: Hive MLS #100334233 Report a problem
    12/1/2014Listing removed$299,000$141/sqft
    Source: The Lanier Property Group Inc. #504431 Report a problem
    9/3/2014Listed for sale$299,000+32.9%$141/sqft
    Source: The Lanier Property Group Inc. #504431 Report a problem
    12/28/2007Sold$225,000$106/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,517 +10.5%$427,700 +63.3%
    2024$2,279 +3%$261,900
    2023$2,213 +0.3%$261,900 +0.9%
    2022$2,206 -0.7%$259,500
    2021$2,221 -19.6%$259,500 -1%
    2020$2,762 $262,200
    2019$2,762 $262,200
    2018$2,762 $262,200
    2017$2,762 +18.9%$262,200 +25.1%
    2016$2,322 +4.6%$209,600
    2015$2,220 +4.4%$209,600
    2014$2,125 $209,600
    2013-- $209,600
    2012-- $209,600 +8.2%
    2011-- $193,626
    2010-- $193,626
    2009-- --
    2008-- --
    2007-- --
    2005-- $101,677
    2004-- $101,677
    2003-- $101,677
    2002-- $101,677
    2001-- $101,677
    2000-- $101,677
    Find assessor info on the county website

    Neighborhood: Northside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $468,800
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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
    $468,800