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Sold for $385,000
    • $385,000

    705 Mcrae Street, Wilmington, NC 28401

    3beds
    1,658sqft
    Single Family Residence
    Built in 2023
    2,178 Square Feet Lot
    $379,500 Zestimate®
    $232/sqft
    $2,241 Estimated rent

    Home value

    $379,500

    $353,000 - $410,000

    $2,241/mo

    Zestimate® history
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    $2,241/mo

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    What's special

    Two-story covered porchesGranite countertopsOpen-concept layout
    Welcome to 705 McRae St, a stylish 2023-built home in the heart of downtown Wilmington! This versatile property is perfect as a primary residence or continued use as an income-producing investment, offering a prime location near the Live Oak Pavilion, Brooklyn Arts District, and all the dining, shopping, and entertainment downtown has to offer. Step inside to find 9-foot ceilings and an inviting open-concept layout featuring granite countertops and luxury vinyl plank flooring throughout. A standout feature of this home is the two-story covered porches—with the top-floor porch serving as a private retreat off the primary suite, perfect for relaxing with a morning coffee or evening breeze. Situated on a growing, up-and-coming block, this home offers the opportunity to be part of a thriving and evolving downtown community. Plus, off-street parking—a rare downtown perk—adds even more convenience. Whether you're looking for a turn-key investment or a stylish home in the heart of Wilmington, this property delivers. Don't miss out—schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Tara A Coffer 910-508-4209,

    Sound and Sea Realty LLC,

    Anna E Sillery 910-978-4888,

    Sound and Sea Realty LLC

    Bought with:

    A Non Member

    A Non Member

    Source: Hive MLS,MLS#: 100494235MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Non Primary Living Area
    Dining room
    • Features: Combination
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air
    Features
    • High Ceilings, Kitchen Island, Pantry
    • Has fireplace: No
    Interior area
    • Total structure area: 1,658
    • Total interior livable area: 1,658 sqft

    Property

    Parking
    • Parking features: On Street, Off Street, On Site, Paved
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Porch, Balcony
    • Fencing: Privacy,Partial,Back Yard
    Lot
    • Size: 2,178 Square Feet
    Details
    • Parcel number: R04813010014000
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Fiber Cement, Wood Frame
    • Foundation: Slab
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available

    Community & HOA

    Community
    • Subdivision: Not In Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $232/sqft
    • Tax assessed value: $237,200
    • Annual tax amount: $2,063
    • Date on market: 3/14/2025
    • Cumulative days on market: 258 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/19/2025Sold$385,000-0.7%$232/sqft
    Source: Hive MLS #100494235 Report a problem
    11/27/2025Contingent$387,800$234/sqft
    Source: Hive MLS #100494235 Report a problem
    10/24/2025Price change$387,8000%$234/sqft
    Source: Hive MLS #100494235 Report a problem
    10/15/2025Price change$387,900-2.5%$234/sqft
    Source: Hive MLS #100494235 Report a problem
    10/9/2025Price change$397,9000%$240/sqft
    Source: Hive MLS #100494235 Report a problem
    10/2/2025Price change$398,0000%$240/sqft
    Source: Hive MLS #100494235 Report a problem
    9/18/2025Price change$398,100+0%$240/sqft
    Source: Hive MLS #100494235 Report a problem
    9/11/2025Price change$398,000-2.9%$240/sqft
    Source: Hive MLS #100494235 Report a problem
    9/5/2025Price change$409,8990%$247/sqft
    Source: Hive MLS #100494235 Report a problem
    5/2/2025Price change$409,999-1.3%$247/sqft
    Source: Hive MLS #100494235 Report a problem
    3/14/2025Listed for sale$415,514+5.2%$251/sqft
    Source: Hive MLS #100494235 Report a problem
    5/14/2024Listing removed--
    Source: Hive MLS #100437244 Report a problem
    4/6/2024Listed for sale$395,000-1.2%$238/sqft
    Source: Hive MLS #100437244 Report a problem
    2/23/2024Listing removed--
    Source: Hive MLS #100377629 Report a problem
    12/27/2023Price change$399,900-4.8%$241/sqft
    Source: Hive MLS #100377629 Report a problem
    9/20/2023Listed for sale$419,900$253/sqft
    Source: Hive MLS #100377629 Report a problem
    8/4/2023Pending sale$419,900$253/sqft
    Source: Hive MLS #100377629 Report a problem
    4/5/2023Listed for sale$419,900+452.5%$253/sqft
    Source: Hive MLS #100377629 Report a problem
    3/17/2023Sold$76,000$46/sqft
    Source: Hive MLS #100367549 Report a problem
    2/3/2023Pending sale$76,000$46/sqft
    Source: Hive MLS #100367549 Report a problem
    2/2/2023Listed for sale$76,000$46/sqft
    Source: Hive MLS #100367549 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,106 +2%$357,800 +50.8%
    2024$2,064 +529.4%$237,200 +511.3%
    2023$328 -0.6%$38,800
    2022$330 -0.7%$38,800
    2021$332 +108.7%$38,800 +157%
    2020$159 $15,100
    2019$159 $15,100
    2018-- $15,100
    2017-- $15,100 -23%
    2016-- $19,600
    2015$208 +4.4%$19,600
    2014$199 $19,600
    2008-- --
    2007-- --
    2005-- $22,117
    2004-- $22,117
    2003-- $22,117
    2002-- $22,117
    2001-- $22,117
    2000-- $22,117
    Find assessor info on the county website

    Neighborhood: Northside

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Snipes
    • Middle: Williston
    • High: New Hanover

    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
    $379,500
    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
    $379,500

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