6 days on Rocket
$4,750 Closing Credit¹
#100504899, Listing Office: Landmark Sotheby's International Realty
$409,999 List price
705 Mcrae St Wilmington, NC 28401
$4,869
Closing credit¹
3 beds
2 full, 1 partial
1,658 sqft
0.05 acres
$247 / sqft
House
Property details
About 705 Mcrae St
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!
Highlights
Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingCentral Air
Size1,658 sqft
Lot size0.05 Acres
Year built2023
ParkingOff Street, Paved, On Street, On Site
MLS #100494235
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Interior: 9Ft+ Ceilings, Kitchen Island, Pantry
- Fireplace: None
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Off Street, Paved, On Street, On Site
- Heating: Heat Pump
- Cooling: Central Air
- List Price: $409,999
- Price/SqFt: $247
- Annual Tax Amount: $327
- Tax Year: 2023
- Directions: From MLK take the exit to McRae St. Property will be on the right.
- Year Built: 2023
- Stories: 2
- Living Area: 1,658 SqFt
- Lot Size: 0.05 Acres
- MLS Number: 100494235
- Office Name: Sound and Sea Realty LLC
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: 5/8/2025, 2:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$409,999
705 Mcrae St
$4,869
closing credit¹
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Seller rebate
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 17, 2023 | Home Sold | $158,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $38,800 | $327 |
| 2022 | $38,800 | $- |
| 2021 | $38,800 | $- |
| 2020 | $15,100 | $159 |
| 2019 | $15,100 | $159 |
| 2018 | $15,100 | $159 |
| 2017 | $15,100 | $217 |
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
1.2 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 $14,095. Typical income of Wilmington, NC residents is less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
84%
<35k
12%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
51%
Single, No Kids
29%
Single, with Kids
12%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
40%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing- UFC
NHRA Drag Racing
Where do the neighbors shop?
Burlington
Family Dollar
Big Lots
Where do the neighbors go to eat?
Popeyes
Burger King
Golden Corral
What do the neighbors drive?
Dodge
Buick
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 705 Mcrae St
The listing price of 705 Mcrae St property is $409,999.
The property 705 Mcrae St is a house located in Wilmington, North Carolina, 28401.
Active Listing: 705 Mcrae St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 705 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), D.C. Virgo Preparatory Academy (GreatSchools Rating 1/10), The International School at Gregory (GreatSchools Rating 6/10), 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 $327 (source: MLS/based on county public records data).
The last sale was on March 17, 2023 for $158,000 (source: MLS/tax record).
The property at 705 Mcrae St has 3 bedrooms and 2 full and 1 half bathrooms.
The property 705 Mcrae St is 1,658 SqFt (source: MLS/tax record).
The year of construction for 705 Mcrae St is 2023.
This home is located at 705 Mcrae St in Wilmington, NC and zip code 28401 in the Northside neighborhood. This 1,658 square foot home, which was built in 2023, sits on a 0.05 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $409,999.
Over 47 listings were sold over their listed price in April 2025 in Wilmington, NC. In the same period over 183 listings were sold below the listed price and 83 listings were sold for the listed price. The inventory of homes for sale in Wilmington, NC between March and April 2025 increased by 10.2%. The median list price of listings available in April 2025 was $436,350, while the average time on the real estate market was 46 days.
From Rocket Homes Real Estate and based on county public records data.