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$330,000
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Property Description
Welcome to this charming downtown Wilmington cottage where nearly every surface has been updated. With 2 bedrooms, 2 full bathrooms, and a flexible bonus room that's ideal for a home office, guest room, or hobby space, the layout offers versatility without sacrificing charm. The custom kitchen features quartz countertops, a natural gas range, quality cabinetry, and beautiful finishes that complement the home's original character. Graceful archways, abundant natural light, new LVP flooring, and new windows create a bright, inviting feel throughout. Recent improvements include an HVAC system less than five years old, natural gas heat, and a Rinnai tankless water heater. Outside, the fully fenced backyard provides plenty of space to relax, entertain, garden, or let pets roam, while off-street parking is a rare convenience in this downtown location. Situated on Grace Street, you're just blocks from HighWire Brewing, Folks Cafe, neighborhood coffee shops, local fitness studios, and the best of downtown Wilmington. With no HOA and investor-friendly potential, this home offers flexibility whether you're looking for a primary residence, a second home, or an investment property. *Virtual staging on select photos*.
Full Property Details
Full Property Details for 1201 Grace St
General
- Price: $330,000
- Taxes: $1,519 (2025)
- Status: Active
- Type: Single Family
- Source: 2253
- MLS ID: 100586386
- Updated: 8/20/2026
- Added to Site: 50 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Master Downstairs, Eat-in Kitchen
- Fireplace: Yes
- Number of Fireplaces: 1
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Primary Living Area
Other Rooms
- Eat-in kitchen: Yes
Additional Information
- Shared Amenities: None
- Security/Safety: Security Lights
Exterior
- Porch/Patio/Deck: Deck, Porch
Parking
- Parking Features: On Street, Off Street
Location
- County: New Hanover
- Subdivision: Rankin Place North
- Driving Directions: Market Street to North on 11th street, right on Grace St - house is on the Left.
School Information
- High School District: New Hanover
- Elementary School: Snipes
- Middle School: Williston
- High School: New Hanover
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Natural Gas
Utilities
- Sewer: Municipal Sewer
- Water: Public
- Utility Description: Sewer Connected, Water Connected
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Wood Siding, Wood Frame
- Basement Desc.: None
- Roof: Shingle
- Entry Floor Number: 1
- Square Feet: 1,016
- Year Built: 1920
- Property Condition: Completed
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Dimensions: irreguler
- Frontage: Maintained, City Street, State Road, Paved, Paved
- Zoning: R-5
- Fencing (Description): Back Yard, Wood, Fenced
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $324.8
- Assessment Amount: $258,200
- Tax Amount: $1,519.51
- Tax Year: 2025
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: BLK 214 1/2 W END 1/2 WILM
- Property ID: R04814-024-007-000
Listed by The Saltwater Agency LLC, Cassie L Iventosch
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Schools
Schools serving 1201 Grace St
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Annie H Snipes Elementary 2150 Chestnut Street, Wilmington, NC 28405 | K-5 | 0.8 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 0.6 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 0.2 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 1201 Grace St
Date
Details
Price
Change
Source
7/03/2026
Listed
$330,000
145.35%
MLS
6/16/2020
Sold
$134,500
—
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 1201 Grace St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,520
22%
$258,200
81%
2024
$1,241
3%
$142,700
—
2023
$1,206
-1%
$142,700
—
2022
$1,213
100%
$142,700
97%
2021
-100%
$72,300
—
2019
$762
—
$72,300
—
2017
$762
-32%
$72,300
-28%
2016
$1,119
5%
$101,000
—
2015
$1,070
6%
$101,000
—
2013
$1,014
—
$101,000
—
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 1201 Grace St
1201 Grace Street, Wilmington, NC 28401 (MLS# 100586386) is a Single Family property with 2 bedrooms and 2 full bathrooms. 1201 Grace Street is currently listed for $330,000 and was received on July 03, 2026. Want to learn more about 1201 Grace Street? Do you have questions about finding other Single Family real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

