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1120 S 3rd Street Wilmington, NC $ 359,900
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$ 359,900 Get more info
1120 S 3rd Street
$ 359,900
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1120 S 3rd Street

Wilmington, NC, 28401
$ 359,900
Bedrooms2 Baths1.0 Sq 1,229

Monthly Estimate*

$ 2,216

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Single Family Home for sale in Wilmington, NC

for $359,900 with 2 bedrooms and 1 full bath. This 1,229 square foot home was built in 1912 on a lot size of 0.07.

Now Priced $74K BELOW TAX VALUE!! This charming circa-1912 cottage is tucked beneath the protective canopy of a 100 year old live oak tree, yet elevated enough to offer a true treehouse feel! This house was taken down to the studs and completely restored in 2006 by Wilmington's own, Steve Bakunas and his partner, the late, acclaimed actor, Linda Lavin. Zoned UMX, Urban Mixed Use), the property offers flexible live/work options (see documents). Recent improvements include newer HVAC (2023) and hot water heater (2024) The kitchen features a gas stove and the fully fenced back yard, provides privacy and usability, Crawlspace has been encapsulated and a de-humidifier installed (2025). Many items on prior inspection report have been addressed. The property also boasts a strong rental history. Ideally located near the vibrant South Front District and Greenfield Lake attractions, this downtown gem includes off-street parking with alley access--an increasingly rare feature. The home is being sold partially furnished. Broker is owner. Seller will consider owner financing with acceptable terms. Property is being sold in it's current condition.

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Single Family Active

Price

$ 359,900

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 2,554

Style

Historic District

Lot Size

0.07

Year Built

1912

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100509231
Features
General
Living Area 1229.0
Heating Heat Pump Electric Forced Air Natural Gas
Cooling Central Air Heat Pump
Utilities Sewer Available Water Available
Possession Close Of Escrow At Closing
Roof Shingle
Appliances Gas Oven Gas Cooktop Built-In Microwave Washer Refrigerator Dryer
Zoning UMX
Garage Spaces 0.0
Patio/Porch Features Open Deck Porch
Architectural Style Historic District
Security Features Smoke Detector(s)
Construction Materials Fiber Cement
Year Built 1912
Style Historic District
View See Remarks
Stories Count 1
Levels One
Property Subtype Single Family Residence
Tax Year 2024
Taxes 2554
Parcel Number R05413-018-015-000
County New Hanover
Operating Expense 0.0
New Construction N
Property Type Residential
In City Limits? (Y/N) Y
Association Amenities Park Playground Sidewalks
HOA N
Attached Garage N
Energy Efficient Lighting
Subdivision Name Not In Subdivision
Garage Y/N N
Total Rooms 5
Full Baths 1
Status Active
Buyer Financing Seller Financing
Directions West (toward River) on Market Street make left onto 3rd Street and make right onto Marstellar. First right onto Roderick Alley and house will be the 1st driveway to the right (beside Axes and Allies)
High School New Hanover
City Wilmington
High School District New Hanover
Lot Size Units Acres
Lot Size Square Feet 3136.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Snipes
Property Attached Y/N N
Land Lease Y/N N
Showing Instructions Appt Required No Lockbox Show Anytime Vacant2
Home Warranty Y/N N
Middle/Junior High School Williston
Lease Considered Y/N N
Structure Type Wood Frame
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 434000
Legal Description SE 4 Blk 4 Wilm
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Interior
Interior Amenities High Ceilings Bookcases Ceiling Fan(s) Furnished Blinds/Shades
Basement None
Flooring Laminate Vinyl
Furnished Y/N Negotiable
Water Heater Electric
Master Bed Level Primary Living Area
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Laundry Features Laundry Closet
Total Bedrooms 2
Attic Features Pull-Down Stairs
Room Type Bedroom 1 Bedroom 2 Living Room Dining Area Bonus Room
Total Baths 1
Living Area Range 1200 - 1399
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Exterior
Exterior Finish Fiber Cement
Fencing Privacy Back Yard Wood
Parking Features Concrete Off Street
Water Source Public
Total Parking 0.0
Lot Size Area 0.07
Foundation Details Brick/Mortar Block Crawl Space
Spa N
Building Area Total 1229
Lot Dimensions .12
Lot Size Acres 0.07
Frontage Type See Remarks
Waterfront Y/N N
Road Frontage Type Alley City Street State Road
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 1120
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* Excluded Features
List By
Grace Hodgkins

Listing Agent

Sold Buy The Sea Realty

Broker

hodgkinsgrace@gmail.com

Email

Affordability Calculator

$2,429
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,216
Monthly Property Taxes
$213
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4736780 Elementary School
4736089 Middle School
New Hanover High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/12/2026$359,900 -1.13% Price Down
11/24/2025$364,000 -1.09% Price Down
10/2/2025$368,000 -2.90% Price Down
9/5/2025$379,000 -2.57% Price Down
6/19/2025$389,000 -2.51% Price Down
5/23/2025$399,000 Listed Price

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1120 S 3rd Street, Wilmington, NC, 28401 is a Single Family Home for sale at $359,900 with 1,229 sqft and a lot size of 0.07. 1120 S 3rd Street has 2 bedrooms, 1.0 baths, and was built in 1912. The property's zip code is 28401 which is in Wilmington, NC

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