218 North 3rd Street

Wilmington, NC 28401

$3,295,000
Price
17,795 / 0.41
Lot Size / Acres

Description

Property is located in the middle of downtown Wilmington. The land footprint is .41 acres (17,795 sq ft). The parcel has about 132.07 feet of frontage on North 3r Street. The property is location in the CBD (Central Business District). By right you can build up to 100 Feet. This property is located close to the Courthouse, City of Wilmington Building, hotels, banks, Office Buildings, Convention Center and many local business and residential areas. There is a one Story 8,141 sq. ft. building onsite....Property is located in the middle of downtown Wilmington. The land footprint is .41 acres (17,795 sq ft). The parcel has about 132.07 feet of frontage on North 3r Street. The property is location in the CBD (Central Business District). By right you can build up to 100 Feet. This property is located close to the Courthouse, City of Wilmington Building, hotels, banks, Office Buildings, Convention Center and many local business and residential areas. There is a one Story 8,141 sq. ft. building onsite. Per the City of Wilmington, this building is not a contributing structure so it can be utilized or removed/demo for a complete re-development of this prime location in Wilmington's Central Business District.

Property Details for 218 North 3rd Street

Subdivision Name
Downtown
Zoning
CBD
Waterfront
No
Waterfront
No
Waterview
No

Location

Listing Courtesy of Intracoastal Realty Corp
Add your commute
LISTING UPDATED: 05/08/2024 03:55 PM

Property Details for 218 North 3rd Street

StatusActive
MLS #100389934
Days on Market342
Taxes$441,896 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.41 AC
CountyNew Hanover County

Location

Listing Courtesy of Intracoastal Realty Corp
Add your commute

Building Information for 218 North 3rd Street

Lot Size0.41 AC

Payment Calculator

$54,807 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,982

Property Taxes

$36,825

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 218 North 3rd Street

Summary
Location and General Information
  • City: Wilmington
  • State Or Province: NC
  • Postal Code: 28401
  • County Or Parish: New Hanover
  • Directions: Take N 3rd Street to Downtown. The property is in the 200 block between Chestnut and Grace Street. Property is on the east side of 3rd Street.
  • Latitude: 34.24
  • Longitude: -77.95
  • City Limits: Yes
  • Secondary Subdivision: N/A
  • Location Type: Mainland
  • Legal and Taxes: Zoning Details: CBD
Taxes and HOA
  • Tax Other Assessment Amount Frequency: none
  • Association Fee: $.00
  • Tax Legal Description: Pt Lts 2/3/4 Blk 193 Wilm
  • Tax Book Number: 0
  • Tax Map Number: 311708.89.5561.000
  • Tax Year: 2022
  • Tax Assessed Value: $971,200.00
  • Parcel Number: R04817-015-002-000
  • Tax Block: 0
  • Association: Yes
  • Tax Annual Amount: $441,896.00
  • Legal and Taxes: Deferred Taxes: No
  • Legal and Taxes: Cobra Zone: No
  • Legal and Taxes: Deed Book: 6065
  • Legal and Taxes: Deed Page: 1485.0
  • Legal and Taxes: Legal: Pt Lts 2/3/4 Blk 193 Wilm
  • Legal and Taxes: PID: 311708.89.5561.000
  • Legal and Taxes: Plat Book: 0
  • Legal and Taxes: Plat Page: 0
  • Legal and Taxes: Tax Assessed Value: $971,200.00
  • Legal and Taxes: Total City Real Estate Property Tax: $7,347.00
  • Legal and Taxes: Total Real Estate Property Taxes: $441,896.00
  • Legal and Taxes: Tax Year: 2022
School Information
  • Middle Or Junior School: Williston
  • High School: New Hanover
  • Elementary School: Snipes
  • Legal and Taxes: Elementary School: Snipes
  • Legal and Taxes: Middle School: Williston
  • Legal and Taxes: High School: New Hanover
Virtual Tour
Property
Lot Information
  • Lot Features: Urban
  • Lot Size Units: Acres
  • Lot Size Acres: 0.41
  • Lot Size Area: 0.41
  • Lot Size Dimensions: 132 x148 x66 x27 x66 x120
  • Lot Size Square Feet: 17795.0
  • Lot Dimensions: 132 x148 x66 x27 x66 x120
  • Acres - Total: 0.41
  • Lot Sq Ft: 17795.0
  • Total Road Frontage: 132.00
  • Water Frontage: .00
  • Lot Description: See Remarks: Yes
Property and Assessments
  • Current Use: Vacant
  • Documents Available: Survey
  • Legal and Taxes: Federal Flood Insurance Available: Yes
  • Legal and Taxes: Special Assessments: none
Green Features
  • Green Building Certify: Unknown: Yes
Utilities
  • Utilities: Municipal Sewer Available, Municipal Water Available, See Remarks
  • Service Providers: Electric Provider: Duke Progress Energy
  • Service Providers: Natural Gas Provider: Piedmont Natural Gas Co.
  • Service Providers: Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers: Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer Available: Yes
Interior and Exterior Features
Exterior Features
  • Association Amenities: No Amenities
  • Fencing: See Remarks, None
  • Fencing: None: Yes
  • Fuel Tank: None: Yes
Interior Features
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Notational: .00
Multi Family
Unit 1
  • Heating: See Remarks: Yes
Unit 2
  • Heating: See Remarks: Yes

Property History for 218 North 3rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 218 North 3rd Street

Taxable ValueLand$462,600Additions$508,600Total$971,200
Tax Record2023$8,835 ($736 / month)
Home Facts
Baths1.5Total Finished SqFt7,897 SqFtAbove Grade Finished SqFt7,897 SqFtStories1Lot Size17,163 SqFtStyleStoresYear Built1942ZoningCBD,CENTRAL BCountyNEW HANOVERAPNR04817-015-002-000

Schools near 218 North 3rd Street

This home is within New Hanover County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Annie H Snipes Elementary
PublicK to 5

Williston Middle
Public6 to 8

New Hanover High
Public9 to 12

The International School at Gregory
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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218 North 3rd Street is a 0.41 ac of land for sale in Wilmington, NC 28401. This property was listed for sale on June 16, 2023 by Intracoastal Realty Corp, it's currently listed at $3,295,000. It has been on the market for a total of 342 days and was last sold on June 9, 2017. This listing's school district is New Hanover County School District. Nearby schools include Annie H Snipes Elementary, Williston Middle and New Hanover High. 218 North 3rd Street is a 0-bed, 0-bath, 0.41 ac of land on a 17,795 sq. ft. / 0.41 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Intracoastal Realty Corp

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