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$382,000
Property Description
Live the downtown Wilmington lifestyle at 228 McRae Street, where historic charm meets modern comfort. Just minutes from the Riverwalk, Soda Pop District, and Brooklyn Arts District, this beautifully updated townhome puts the best of city living right outside your door. Inside, soaring ceilings, refinished hardwood floors, and detailed millwork showcase the home's timeless character. The renovated kitchen features quartz countertops, while fully updated bathrooms add modern convenience. Step outside to a private back patio--an ideal retreat for morning coffee or evening wine. Recent updates include fresh interior paint, upgraded electrical (2023), a new gas water heater (2022), and a roof recoated in 2022 with a transferable 10-year warranty. A one-of-a-kind dining room mural by renowned artist Ronald Williams offers a meaningful artistic tribute to Wilmington's rich history. Originally built in 1914 and converted to townhomes in 1983, this home beautifully blends historic architecture with today's updates. Low HOA dues of $200/month cover master insurance, wind/hail, a termite bond, exterior building maintenance, allow pets, and offer flexible 30-day minimum rentals, making this property ideal as a primary residence, seasonal escape, or downtown investment opportunity.
Full Property Details
Full Property Details for 228 McRae St
General
- Sold For: $382,000
- HOA FEE: $200/month
- HOA FEE FREQ.: Annually
- Taxes: $1,768 (2025)
- Status: Closed
- Type: Condo
- Source: 2253
- MLS ID: 100514973
- Added to Site: 63 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: High Ceilings, Generator Plug, Ceiling Fan(s), Blinds/Shades, Gas Log
- Fireplace: Yes
- Fireplace(s): Gas Log
- Appliances: None
- Furnishings: Unfurnished
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Non Primary Living Area
Other Rooms
- Laundry: Dryer Hookup, Washer Hookup
Additional Information
- Shared Amenities: Maintenance Common Areas, Maintenance Structure, Master Insure, Termite Bond
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Storm Doors
- Porch/Patio/Deck: Deck, Patio
Parking
- Parking Features: None, On Street
Location
- County: New Hanover
- Subdivision: Historic District
- Driving Directions: Heading south on Market St. turn right (north) on 7th St. take right on Grace St. right on McRae St. Townhouse is on the corner of Grace & McRae St.
School Information
- High School District: New Hanover
- Elementary School: Snipes
- Middle School: Williston
- High School: New Hanover
Community
- Association: Yes
- Assoc. Name: Victoria Condominiums
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Heat Pump, Natural Gas
Utilities
- Sewer: Municipal Sewer, Cape Fear Public Utility Authority
- Water: Public
- Utility Description: Cable Available, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Historic District, Historic Home
- Structure Type: Townhouse, Wood Frame, Stick Built, See Remarks
- Construction: See Remarks, Stucco, Wood Frame
- Basement Desc.: None
- Roof: Membrane, Flat
- Doors: Storm Door(s)
- Entry Floor Number: 1
- Stories/Levels: 2
- Square Feet: 1,188
- Year Built: 1914
Additional Structures
- Other Structures: Pergola
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,209
- Lot Dimensions: 22' x 62' x 22' x 62'
- Frontage: Maintained, City Street, State Road, Paved, Paved
- Lot Features: Front Yard, Corner Lot
- Zoning: HD-R
- Fencing (Description): Privacy, Back Yard, Wood, Front Yard
Green Features
- Building Certification: None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $321.55
- Association Fee: $2,400
- Assoc Fee Freq.: Annually
- Assessment Amount: $300,500
- Tax Amount: $1,768.45
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: UNIT 9 VICTORIA CONDOMINIUMS
- Property ID: R04817-010-002-009
- Lot Number: UNIT 9
Listed and Sold by Fathom Realty NC LLC, Mary-Margaret A Porter
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Schools
Schools serving 228 McRae St
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Annie H Snipes Elementary 2150 Chestnut Street, Wilmington, NC 28405 | K-5 | 1.1 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 | 0.5 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 228 McRae St
Date
Details
Price
Change
Source
5/07/2026
Sold
$382,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
228 McRae Street, Wilmington, NC 28401 (MLS# 100514973) is a Condo property that was sold at $382,000 on May 07, 2026. Want to learn more about 228 McRae Street? Do you have questions about finding other Condo 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.
