1120 S 3rd Street, Wilmington, NC 28401
$364,000
Property Type:
Residential
Bedrooms:
2
Baths:
1
Square Footage:
1,229
Lot Size (sq. ft.):
3,136
Status:
Active
Current Price:
$364,000
List Date:
11/04/2025
Last Modified:
11/24/2025
Description
Now Priced $70K BELOW TAX VALUE!!
Adorable circa 1912 cottage tucked under the protective canopy of a 100 year old live oak tree, yet perched high enough to feel like a tree house! This house was gutted to the studs and completely restored in 2006 by Wilmington's own, Steve Bakunas and his partner, the talented late actor, Linda Lavin. Zoning is the attractive UMX, Urban Mixed Use, which would allow for many potential live/work options (see documents). House has recent HVAC (2023) and hot water heater (2024) stove is gas, fully fenced back yard, and a strong rental history. Located near the vibrant South Front- Greenfield Lake attractions. Off street parking with alley access complete this downtown unicorn. Oh, and it's being sold partially furnished . Broker is owner. Seller will consider owner financing with acceptable terms. Selling in property's current condition.
More Information MLS# 100509231
Property Interior Info
Total SqFt - Heated (Primary + Separate): 1229
# Rooms: 5
# Baths - Full: 1
# Baths - Half: 0
# Baths - Total: 1
Master Bedroom Level: Primary Living Area
Stories: 1
Fireplace Y/N: No
SqFt - Heated (Primary): 1229
# Bedrooms: 2
Contract Info
Delayed Marketing?: No
Sub-Type: Single Family Residence
Construction Type: Stick Built
List Price/SqFt: 296.18
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2025-05-22
Listing Price: 364000
Current Price: $364,000
Location Information
City Limits: Yes
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 1120
Pre Direction: S
Street Name: 3rd
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28401
Subdivision: Not In Subdivision
Geo Lat: 34.220855
Geo Lon: -77.944628
Remarks and Showing
Sign on Property: Yes
Directions to Property: 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). Please use back door only.
Property Exterior Info
New Construction: No
Lot Acres: 0.07
Lot Dimensions: .12
Lot SqFt: 3136
Waterfront: No
Location Type: Mainland
Legal & Taxes
Tax Assessed Value: 124800
Total Real Estate Property Taxes: 1247
Deed Book: 6079
Deed Page: 1275
Legal: SE 4 Blk 4 Wilm
Broker Owner: Yes
PID: R05413-018-015-000
Tax Identifier: R05413-018-015-000
Plat Book: Unknown
Plat Page: Unknown
Special Assessments: None
Tax Year: 2024
Zoning: UMX
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
School District: New Hanover
Elementary School: Snipes
Middle School: Williston
High School: New Hanover
Garage & Parking
Attached Garage Spaces: 0
Detached Garage Spaces: 0
Total # Garage Spaces: 0
Total Carport Spaces: 0
Parking Features
Concrete: 1
Off Street: 1
HOA and Neigh Amenities
Park: 1
Playground: 1
Sidewalk: 1
Attic
Stairs - Pull Down: 1
Basement
None: 1
Construction
Wood Frame: 1
Style
Historic District: 1
Current Service Providers
Electric Provider: Duke Progress Energy
Natural Gas Provider: Piedmont Natural Gas Co.
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority
Exterior Finish
Fiber Cement: 1
Terms
Cash: 1
Conventional: 1
FHA: 1
Lease Purchase: 1
Lease w/Purch. Opt.: 1
Seller Financing: 1
VA Loan: 1
Fencing
Back Yard: 1
Wood: 1
Privacy: 1
Foundation
Block: 1
Brick/Mortar: 1
Crawl Space: 1
Flooring
Laminate: 1
Vinyl: 1
Green Bldg Features
LED Lighting: 1
Patio and Porch Features
Deck: 1
Open: 1
Porch: 1
Roof
Shingle: 1
Levels
One: 1
Road Type/Frontage
Alley: 1
Public (City/Cty/St): 1
Trash Collection
City Pick-UP: 1
Cooling
Central Air: 1
Heat Pump: 1
Heated SqFt
1200 - 1399: 1
Heating
Forced Air: 1
Heat Pump: 1
Heating System Fuel Source
Electric: 1
Natural Gas: 1
Water Heater
Electric: 1
Utilities
Sewer Available: 1
Water Available: 1
Sewer
Municipal Sewer: 1
Water Source
Municipal Water: 1
Appliances/Equip
Built-In Microwave: 1
Dryer: 1
Gas Cooktop: 1
Gas Oven: 1
Refrigerator: 1
Washer: 1
Furnished
Furnished: 1
Negotiable: 1
Interior Features
Blinds/Shades: 1
Bookcases: 1
Ceiling Fan(s): 1
Furnished: 1
High Ceilings: 1
Security Features
Smoke Detector(s): 1
Laundry Features
Laundry Closet: 1
Dining Room Type
Combination: 1
Rooms
Bedroom 1: 1
Bedroom 1 Level: Main
Bedroom 2: 1
Bedroom 2 Level: Main
Bonus Room: 1
Bonus Room Level: Main
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Legal Taxes
Year Built: 1912
Property Features
Attic: Stairs - Pull Down
Basement: None
Construction: Wood Frame
Style: Historic District
Exterior Finish: Fiber Cement
Fencing: Back Yard; Wood; Privacy
Foundation: Block; Brick/Mortar; Crawl Space
Green Bldg Features: LED Lighting
Parking Features: Concrete; Off Street
Patio and Porch Features: Deck; Open; Porch
Roof: Shingle
Levels: One
Trash Collection: City Pick-UP
Cooling: Central Air; Heat Pump
Heating: Forced Air; Heat Pump
Heating System Fuel Source: Electric; Natural Gas
Water Heater: Electric
Utilities: Sewer Available; Water Available
Sewer: Municipal Sewer
Water Source: Municipal Water
Flooring: Laminate; Vinyl
Furnished: Furnished; Negotiable
Interior Features: Blinds/Shades; Bookcases; Ceiling Fan(s); Furnished; High Ceilings
Security Features: Smoke Detector(s)
Laundry Features: Laundry Closet
Heated SqFt: 1200 - 1399
Dining Room Type: Combination
HOA and Neigh Amenities: Park; Playground; Sidewalk
Rooms: Bedroom 1; Bedroom 2; Bonus Room; Kitchen; Living Room
Terms: Cash; Conventional; FHA; Lease Purchase; Lease w/Purch. Opt.; Seller Financing; VA Loan
Room Information
Bedroom 1
Length: 13.00
Width: 13.00
Level: Main
Bedroom 2
Length: 10.00
Width: 10.00
Level: Main
Living Room
Length: 27.00
Width: 14.00
Level: Main
Kitchen
Length: 18.00
Width: 9.00
Level: Main
Bonus Room
Length: 12.00
Width: 9.00
Level: Main
Remarks: Front Hall with laundry closet
Listing Office:
Sold Buy the Sea Realty
IDX
Last Updated: November - 24 - 2025
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