$399,000

501 S 3rd St Wilmington, NC 28401

$4,738
Closing credit¹
2 beds
2 full
988 sqft
0.08 acres
$404 / sqft
House

Property details

About 501 S 3rd St

Welcome to this fully remodeled 2 bedroom, 2 bathroom home located in the heart of the historic district of downtown Wilmington. Blending classic charm with modern upgrades, this home has been thoughtfully updated from top to bottom.Enjoy peace of mind with all new electrical, new HVAC, new water heater, new insulation, updated plumbing, and a 2021 roof (with a new shed roof in 2025). Additional upgrades include new drywall and trim, a new wood burning fireplace, all new lighting fixtures, and beautifully finished exterior details like new porch columns, fresh landscaping, a stone patio, and a new fence.Step inside to find new LVP flooring throughout, fresh interior and exterior paint, and two completely renovated bathrooms with stylish tile finishes. The custom kitchen is a true showstopper, featuring all new cabinetry, quartz countertops, a tile backsplash, and brand new stainless steel appliances.Don't miss your chance to own a turn-key property with all the modern upgrades, nestled in a location full of charm and history.

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingCentral Air
Size988 sqft
Lot size0.08 Acres
Year built1956
ParkingStreet Only
MLS #100503435
Fireplace1

Summary

  • MLS Number: 100503435
  • Office Name: Intracoastal Realty Corp

IDX 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: 4/27/2025, 2:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of property featuring a porch and brick siding

$399,000

501 S 3rd St

$4,738

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 18, 2006
Home Sold
$180,000

Tax history

YearAssessmentProperty Tax
2023$151,600$-
2022$151,600$-
2021$151,600$-
2020$118,700$1,250
2019$118,700$1,250
2018$118,700$1,250
2017$118,700$1,496

History based on county public records data.

Nearby schools

5

Douglass Academy

Public Charter KG-5

0.9 mi

507 N 6th St

5

Sunset Park Elementary School

Public District KG-5

1.5 mi

613 Alabama Ave

3

Annie H Snipes Academy of Arts & Design

Public Magnet KG-5

1.6 mi

2150 Chestnut St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,211. Typical income of Wilmington, NC residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

47%
<35k
49%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

72%
Single, No Kids
8%
Single, with Kids
13%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
5%
12-17 yrs old
34%
18-34 yrs old
41%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • QdobaQdoba
  • Dominos PizzaDominos Pizza
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • BuickBuick

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 501 S 3rd St

This home is located at 501 S 3rd St in Wilmington, NC and zip code 28401 in the Old Wilmington neighborhood. This 988 square foot home, which was built in 1956, sits on a 0.08 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $399,000.

Wilmington, NC housing market in March 2025 saw over 31 listings sold above listed price, more than 58 sold at listed price and over 159 sold below. The inventory of homes for sale in Wilmington, NC between February and March 2025 increased by 14.6%. In March 2025, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $439,251.

From Rocket Homes Real Estate and based on county public records data.

More resources