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1120 S 3rd Street

Wilmington, NC 28401

$367,531

$299 per Sq.Ft.

  • Active
  • 2 beds
  • 1 baths
  • 1229 Sq. Ft.
  • Residential
  • Built in 1912
  • MLS #100509231
2 beds
1 baths
1229 Sq. Ft.
Residential
Built in 1912
MLS #100509231
Now Priced $64K 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.


Interior Features

Total bedrooms
2 bedrooms
Full bathrooms
1 full bathrooms
Half bathrooms
0 half bathrooms
Kitchen appliances
Gas oven, gas cooktop, built-in microwave, washer, refrigerator, dryer
Interior features
High ceilings, bookcases, ceiling fan(s), furnished
Flooring
Laminate, vinyl
Cooling
Central air
Heating
Heat pump, electric, forced air, natural gas


Exterior Features

Lot size
0.07 acres
Water front
No
Fencing
Privacy, back yard, wood
Exterior features
Fiber cement
Roof
Shingle


HOA Information

HOA
No
HOA amenities
Park, playground, sidewalk


Utilities

Utilities
Sewer available, water available


Schools

Elementary school
Snipes
Middle school
Williston
High school
New Hanover


Other Information

Tax assessed value
$124,800.00
Tax amount
$1,247.00
Tax year
2024
Zoning
UMX


Listing provided courtesy of: Sold Buy the Sea Realty. All information is deemed reliable but not guaranteed and should be independently verified. Moment Realty shall not be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon this data.

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About Wilmington

Located on the Southeastern tip of North Carolina and home to more than 100,000 residents, Wilmington is located between the Atlantic Ocean and the Cape Fear River. Wilmington is a charming and contemporary small city with abundant lifestyle options and a thriving business climate.

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