$175,000

Sold May 18, 2026

3 bd · 2 ba · 1,406 sq ft

109 N 31st Street

Wilmington, NC, 28405 · Ridgecrest

Hive MLSListed by REAL Broker LLC

Sale details

Sold price
$175,000
Sold on
May 18, 2026
First listed at
$169,000
Sold vs. first asking
103.6%
Days on market
7

Earlier at this address

DateEventPrice
Apr 16, 2025Sold$126,639 (asked $110,500)

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About this home

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.

Facts

Type
Single Family Residence
Year built
1971
Lot
0.1 acres
Community
Ridgecrest
County
New Hanover
MLS #
100562528

Features

Inside

  • None
  • Wood

Outside

  • None

Community

  • None

Parking

  • Off Street

Heating & cooling

  • Forced Air
  • Natural Gas
  • Central Air
  • Wall/Window Unit(s)

Schools

Elementary
Freeman
Middle
Williston
High
New Hanover

As listed in the MLS (New Hanover). School assignments can change — confirm with the district for this address.

About 109 N 31st Street

109 N 31st Street is a 3-bedroom, 2-bath home of about 1,406 square feet, built in 1971 in Ridgecrest, Wilmington, New Hanover County, NC 28405.

At $169,000, it's 59% below the median asking price ($409,000) of the 440 other 3-bedroom listings for sale in Wilmington today.

That's about $120 per square foot, compared with a Wilmington median of $262.

3 other homes are for sale in Ridgecrest right now (median asking $192,000); 15 homes sold there in the last 12 months at a median of $95,000, typically in about 65 days.

Across ZIP 28405, 330 3-bedroom homes sold in the past year at a median of $333,500.

Own a home near 109 N 31st Street? See what it's worth — every online estimate side by side, next to real sales in Ridgecrest.

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Questions about 109 N 31st Street

How much is 109 N 31st Street?

109 N 31st Street is listed at $169,000 (about $120 per square foot) as of September 23, 2026. Status: closed.

How many bedrooms and bathrooms does 109 N 31st Street have?

3 bedrooms and 2 bathrooms, with about 1,406 square feet.

What neighborhood is 109 N 31st Street in?

Ridgecrest, in Wilmington, New Hanover County, North Carolina.

What have homes sold for in Ridgecrest?

15 homes sold in Ridgecrest in the last 12 months, at a median price of $95,000.

When was 109 N 31st Street built?

1971.

Who is the listing broker for 109 N 31st Street?

REAL Broker LLC (MLS #100562528). The Buddy Blake Team can show it to you and answer questions.

Listing provided by REAL Broker LLC via Hive MLS.