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$285,000   Price Analysis
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418 Mercer Ave
Wilmington, NC 28403
2 bed 2 bath 805 SqFt ($354/SqFt)
0.25 acre lot. Built 1945
Listed 2024-04-22, Taxes $992
Ⓧ USDA Ineligible
due to location

near Wilmington

Introducing a rare opportunity to own one of Wilmington's most charming cottges!

* No Longer For Sale *
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Centrally located in the subdivision of Mercer Place West, this adorable home is perfect for a primary residence or turn key investment. The curb appeal is enhanced by the rocking chair front porch and recessed lighting. Upon entering the home you'll be pleasantly greeted by vaulted ceilings, expansive open concept living and loads of natural light. Featuring two bedrooms and 1.5 bathrooms, this floor plan exudes functionality, space and character.

Significant updates were completed in 2018 - giving any buyer peace of mind and ease of maintenance for years to come. Enjoy your sizeable backyard which embodies tranquility, peace and provides a canvas of possibilities with no HOA restricting your imagination. Located moments away from UNCW, Downtown Wilmington, Wrightsville Beach, the airport, shopping, fine dining and major attractions, this property is sure to capture your heart!


Presented by Shane Register Team at
Coldwell Banker Sea Coast Advantage-Midtown.


Property MLS #100440090 from NCRMLS

Bedrooms: 2
Primary Bedroom Level: First
Bedroom 2 Level: First

Total Rooms: 4
Basement Features: Crawl Space

Total Bathrooms: 2
Full Bathrooms: 1
1/2 Bathrooms: 1

Master Downstairs
Ceiling Fan(s)
Flooring: Tile
Window Features: Blinds

Stove/Oven - Electric
Refrigerator
Microwave - Built-In
Dishwasher
Laundry Features: Laundry Closet

Cooling Features: Central Air
Heating Features: Electric, Heat Pump
Heating: Yes

Kitchen Level: First

Fencing: Partial, Wood
Patio And Porch Features: Covered, Patio, Porch
Road Frontage Type: City Street, State Road
Road Surface Type: Paved

Lot Size Acres: 0.25
Lot Size Dimensions: 52x209x52x209
Lot Size Square Feet: 10890

Parking Features: Gravel, On Site

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 986.96
Source Listing Status: Closed
County: New Hanover
Directions: West on Market - Left onto Mercer Ave - House on Right side
Tax Year: 2023
Source Property Type: Residential
Source Neighborhood: Mercer Place West
Parcel Number: R05505-002-030-001
Property Location: Mainland
Subdivision: Mercer Place West
Zoning: R-15
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$68,400 + $48,400
$116,800
$992
2021$68,400 + $48,400
$116,800
$999
2020$86,500 + $28,500
$115,000
$1,211
2019$86,500 + $28,500
$115,000
$1,211
2018$86,500 + $28,500
$115,000
$1,211
2017$55,100 + $28,500
$83,600
$880
2016$63,200 + $27,000
$90,200
$999
2015$63,200 + $27,000
$90,200
$955
2014$63,200 + $27,000
$90,200
$914
2013$63,200 + $27,000
$90,200
$905
2012$63,200 + $27,000
$90,200
$905
2011$30,540 + $unknown
$30,540
$729
2010$67,643 + $19,625
$87,268
$729
2008$67,643 + $19,625
$87,268
$685
2008$67,643 + $19,625
$87,268
$685
2007$67,643 + $19,625
$87,268
$628

Sold 2024-06-04
$290,000
NCRMLS
Listed 2024-04-22
$285,000
NCRMLS
Sold 2022-07-12
$255,000
NCRMLS
Listed 2022-06-17
$240,000
NCRCapeFear
Sold 2018-02-27
$135,000
NCRMLS
Price Changed 2018-01-16
$144,900
NCRCapeFear
Price Changed 2017-11-27
$149,900
NCRCapeFear
Price Changed 2017-10-17
$153,900
NCRCapeFear
Price Changed 2017-09-27
$164,900
NCRCapeFear
Price Changed 2017-09-15
$174,900
NCRCapeFear
Listed 2017-08-24
$189,000
NCRCapeFear
Sold 2017-04-28
$52,000
NCRCapeFear
Price Changed 2017-04-03
$60,000
NCRCapeFear
Price Changed 2016-10-12
$85,000
NCRCapeFear
Listed 2016-07-22
$91,000
NCRCapeFear
Sold 1988-03-01
$35,000
Public Record

Total Square Feet Living: 805
Year Built: 1945
Building Area Total: 805
Building Exterior Type: Block, Wood Siding
Construction Materials: Block, Wood Siding
Levels: One
Property Age: 79
Roof: Architectural Shingle
Levels or Stories: 1
Structure Type: Wood Frame

Sewer: Municipal Sewer
Water Source: Municipal Water

Forest Hills Elementary is a public elementary school located approximately 0.4 miles away.
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New Hanover High is a public high school located approximately 1.6 miles away.
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Williston Middle is a public middle school located approximately 1.7 miles away.
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Pathways Mid. & Hgh. School is a private middle and high school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.