$350,000

Sold May 29, 2026

2 bd · 1 ba · 1,229 sq ft

1120 S 3rd Street

Wilmington, NC, 28401

Hive MLSListed by Sold Buy the Sea Realty

Sale details

Sold price
$350,000
Sold on
May 29, 2026
First listed at
$399,000
Last asking price
$359,900 (−9.8%)
Sold vs. first asking
87.7%
Sold vs. last asking
97.2%
Days on market
223

Earlier at this address

DateEventPrice
Aug 7, 2017Sold$144,000 (asked $135,000)
Jun 16, 2016Sold$69,900 (asked $69,900)
May 12, 2005Sold$30,000 (asked $36,000)

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About this home

Now Priced $74K BELOW TAX VALUE!! This charming circa-1912 cottage is tucked beneath the protective canopy of a 100 year old live oak tree, yet elevated enough to offer a true treehouse feel! This house was taken down to the studs and completely restored in 2006 by Wilmington's own, Steve Bakunas and his partner, the late, acclaimed actor, Linda Lavin. Zoned UMX, Urban Mixed Use), the property offers flexible live/work options (see documents). Recent improvements include newer HVAC (2023) and hot water heater (2024) The kitchen features a gas stove and the fully fenced back yard, provides privacy and usability, Crawlspace has been encapsulated and a de-humidifier installed (2025). Many items on prior inspection report have been addressed. The property also boasts a strong rental history. House in same block has rented for $3K/month, so it will cash flow. Ideally located near the vibrant South Front District and Greenfield Lake attractions, this downtown gem includes off-street parking with alley access--an increasingly rare feature. The home is being sold partially furnished. Broker is owner. Seller will consider owner financing with acceptable terms. Property is being sold in it's current condition.

Facts

Type
Single Family Residence
Year built
1912
Lot
0.07 acres
County
New Hanover
MLS #
100509231

Features

Inside

  • High Ceilings
  • Bookcases
  • Ceiling Fan(s)
  • Furnished
  • Blinds/Shades
  • Laminate
  • Vinyl
  • Gas Oven
  • Gas Cooktop
  • Built-In Microwave
  • Washer
  • Refrigerator
  • Dryer

Outside

  • None

Community

  • Park
  • Playground
  • Sidewalks

Parking

  • Concrete
  • Off Street

Heating & cooling

  • Heat Pump
  • Electric
  • Forced Air
  • Natural Gas
  • Central Air

Schools

Elementary
Snipes
Middle
Williston
High
New Hanover

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

About 1120 S 3rd Street

1120 S 3rd Street is a 2-bedroom, 1-bath home of about 1,229 square feet, built in 1912, Wilmington, New Hanover County, NC 28401.

At $359,900, it's 23% above the median asking price ($292,000) of the 164 other 2-bedroom listings for sale in Wilmington today.

That's about $293 per square foot, compared with a Wilmington median of $262.

Across ZIP 28401, 154 2-bedroom homes sold in the past year at a median of $126,500.

Own a home near 1120 S 3rd Street? See what it's worth — every online estimate side by side, next to real sales in Wilmington.

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Questions about 1120 S 3rd Street

How much is 1120 S 3rd Street?

1120 S 3rd Street is listed at $359,900 (about $293 per square foot) as of September 23, 2026. Status: closed.

How many bedrooms and bathrooms does 1120 S 3rd Street have?

2 bedrooms and 1 bathroom, with about 1,229 square feet.

When was 1120 S 3rd Street built?

1912.

Who is the listing broker for 1120 S 3rd Street?

Sold Buy the Sea Realty (MLS #100509231). The Buddy Blake Team can show it to you and answer questions.

Listing provided by Sold Buy the Sea Realty via Hive MLS.