#100517224, Listing office: RE/MAX Executive
$433,000 List price
314 Mcrae St Wilmington, NC 28401
3 beds
2 full
1,653 sqft
0.07 acres
$262 / sqft
House
Property details
About 314 Mcrae St
Welcome to The 1871 King House, located in the historic district in downtown Wilmington, NC. This fully furnished 3 bedroom/2 bath gem features timeless architecture and charm, blending the past with the present in the most delightful way. This home has modern eclectic light fixtures and beautiful woodwork. The kitchen and downstairs bathroom have both been recently remodeled. A stunning staircase leads upstairs to two bedrooms and a full bath. The hardwood floors and high ceilings make the home comfortable for entertaining guests or relaxing. A new roof was recently installed, and the exterior was freshly painted in 2021. This home has versatility and could be purchased as an income generating rental. With its proximity to the Soda Pop District (2 blocks), the riverwalk (8 blocks), the Live Oak Pavilion, the Wilson Center, the Brooklyn Arts District, shopping and fine dining, this rare opportunity won't last long. Last, but not least, the home is only 15 minutes from Wrightsville Beach. Enjoy all that Wilmington has to offer at 314 McRae. Seller is offering a $5000 seller credit to be used towards closing costs.
Highlights
Home typeSingle Family Residence
HeatingGas Pack
StatusAccepting Backup Offers
(Pending with Showings)
(Pending with Showings)
Size1,653 sqft
BasementYes
Lot size0.07 Acres
Year built1871
ParkingOn Street
MLS #100496497
Fireplace2
Summary
- Full Bathrooms: 2
- Appliances: Dryer, Washer, Self Cleaning Oven, Refrigerator, Electric Oven
- Basement: Yes
- Flooring Type: LVT/LVP, Wood
- Interior: High Ceilings, Master Downstairs
- Fireplace: 2
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: On Street
- Exterior: None
- Architectural Style: Historic District
- Heating: Gas Pack
- Cooling: None
- List Price: $433,000
- Price/SqFt: $261
- Annual Tax Amount: $1,709
- Tax Year: 2023
- Directions: Market Street towards downtown. Right on Seventh. Right on Grace. Left on McRae. Home on right.
- Year Built: 1871
- Stories: 2
- Living Area: 1,653 SqFt
- Lot Size: 0.07 Acres
- MLS Number: 100496497
- Office Name: Landmark Sotheby's International Realty
Copyright 2025 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/19/2025, 7:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 23, 2023 | Home Sold | $450,000 |
| Sep 21, 2015 | Home Sold | $113,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $202,300 | $1,709 |
| 2022 | $202,300 | $1,719 |
| 2021 | $202,300 | $1,731 |
| 2020 | $118,500 | $1,248 |
| 2019 | $118,500 | $1,248 |
| 2018 | $118,500 | $1,248 |
| 2017 | $118,500 | $2,058 |
History based on county public records data.
Nearby schools
5
Douglass Academy
Public Charter KG-5
0.2 mi
•507 N 6th St
3
Annie H Snipes Academy of Arts & Design
Public Magnet KG-5
1.1 mi
•2150 Chestnut St
2
Rachel Freeman School of Engineering
Public Magnet KG-5
1.5 mi
•2601 Princess Place Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,500. Most Wilmington, NC residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
42%
<35k
50%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
71%
Single, No Kids
11%
Single, with Kids
13%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
4%
12-17 yrs old
38%
18-34 yrs old
41%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Soccer
Continuing Education Courses
NBA/WNBA
Where do the neighbors shop?
Forever 21
Express/Express For Men
Burlington
Where do the neighbors go to eat?
Dominos Pizza
Qdoba
Starbucks
What do the neighbors drive?
Mazda
Volkswagen
Pontiac
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 314 Mcrae St
The listing price of 314 Mcrae St property is $433,000.
The property 314 Mcrae St is a house located in Wilmington, North Carolina, 28401.
Accepting Backup Offers: 314 Mcrae St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 314 Mcrae St are: Douglass Academy (GreatSchools Rating 5/10), Annie H Snipes Academy of Arts & Design (GreatSchools Rating 3/10), Rachel Freeman School of Engineering (GreatSchools Rating 2/10), The International School at Gregory (GreatSchools Rating 6/10), D.C. Virgo Preparatory Academy (GreatSchools Rating 1/10), Williston Middle School (GreatSchools Rating 2/10), New Hanover High School (GreatSchools Rating 3/10), Career Readiness Academy at Mosley Plc (GreatSchools Rating 4/10), Girls Leadership Academy of Wilmington (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $1,709 (source: MLS/based on county public records data).
The last sale was on June 23, 2023 for $450,000 (source: MLS/tax record).
The property at 314 Mcrae St has 3 bedrooms and 2 bathrooms.
The property 314 Mcrae St is 1,653 SqFt (source: MLS/tax record).
The year of construction for 314 Mcrae St is 1871.
This home is located at 314 Mcrae St in Wilmington, NC and zip code 28401 in the Hemenway neighborhood. This 1,653 square foot home, which was built in 1871, sits on a 0.07 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $433,000.
While more than 68 listings in Wilmington, NC in June 2025 were sold above asking price, there were more than 71 listings sold at asking price, and more than 191 were sold below. The number of listings in Wilmington, NC decreased by 0.1% between May and June 2025. While the average time on the market in June 2025 was 39 days, the median list price was $442,021.
From Rocket Homes Real Estate and based on county public records data.