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$169,000
Property Description
Investor opportunity. 109 N 31st St offers strong upside with substantial renovation work already underway, reducing initial costs and accelerating your timeline. Key areas have been taken down to the studs, creating a clean slate to bring your vision to life with modern finishes and design. Exterior improvements are in progress, including new windows and weather barrier installation, while the interior provides a flexible layout ready for completion. The property also includes a large attached garage/workspace, offering additional potential for value creation, storage, or future use. Positioned on a spacious lot in a growing Wilmington location with increasing demand, this property is well-suited for a resale opportunity or long-term investment strategy. Surrounded by renovated homes supporting a strong after-repair value, this is a chance to step into a deal with momentum already in place.
Full Property Details
Full Property Details for 109 N 31st St
General
- Price: $169,000
- Taxes: $1,321 (2025)
- Status: Active
- Type: Single Family
- Source: 2253
- MLS ID: 100562528
- Updated: 5/13/2026
- Added to Site: 50 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: None
- Appliances: None
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Primary Living Area
Other Rooms
- Laundry: None
Additional Information
- Shared Amenities: None
Exterior
- Exterior Features: None
- Porch/Patio/Deck: Enclosed, Porch
Parking
- Parking Features: Off Street
Location
- County: New Hanover
- Subdivision: Ridgecrest
- Driving Directions: Take Market St. headed toward downtown. Turn right onto 31st. St. Property is on the left.
School Information
- High School District: New Hanover
- Elementary School: Freeman
- Middle School: Williston
- High School: New Hanover
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Forced Air, Natural Gas
Utilities
- Sewer: Municipal Sewer, Cape Fear Public Utility Authority
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Vinyl Siding, Wood Frame
- Roof: Shingle
- Square Feet: 1,406
- Year Built: 1971
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,400
- Lot Dimensions: 45 x 98
- Frontage: Maintained, City Street, State Road
- Lot Features: See Remarks
- Zoning: R-5
- Fencing (Description): None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $120.2
- Assessment Amount: $224,500
- Tax Amount: $1,321.19
- Tax Year: 2025
- Terms: Cash, Conventional, See Remarks
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Lot 106 Montgomery
- Property ID: R04913-018-029-000
Listed by REAL Broker LLC, Pinpoint Properties and REAL Broker LLC, Justin Jones
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Schools
Schools serving 109 N 31st St
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Rachel Freeman Elementary 2601 Princess Place Drive, Wilmington, NC 28405 | K-5 | 0.5 mi |
Holly Shelter Middle School 3921 Roger Haynes Drive, Castle Hayne, NC 28429 | 6-8 | 7.5 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 109 N 31st St
Date
Details
Price
Change
Source
3/25/2026
Listed
$169,000
33.45%
MLS
4/07/2025
Sold
$126,639
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 109 N 31st St
Year
Property Taxes
Change
Tax Assessment
Change
2025
-100%
$224,500
38%
2024
$1,415
100%
$162,600
—
2023
-100%
$162,600
—
2021
$1,392
1%
$162,600
—
2022
$1,382
-1%
$162,600
124%
2021
$1,392
82%
$72,600
—
2018
$765
—
$72,600
—
2019
$765
-4%
$72,600
—
2016
$800
—
$72,600
1%
2016
$800
5%
$72,200
—
2015
$765
5%
$72,200
—
2014
$732
1%
$72,200
—
2013
$725
—
$72,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 109 N 31st St
109 N 31st Street, Wilmington, NC 28405 (MLS# 100562528) is a Single Family property with 3 bedrooms and 2 full bathrooms. 109 N 31st Street is currently listed for $169,000 and was received on March 25, 2026. Want to learn more about 109 N 31st Street? Do you have questions about finding other Single Family real estate for sale in Chestnut Heights - Princess Place? You can browse all Chestnut Heights - Princess Place real estate or contact a Coldwell Banker agent to request more information.
