1120 S 3rd Street, Wilmington, NC 28401
$367,530.90
Property Type:
Residential
Bedrooms:
2
Baths:
1
Square Footage:
1,229
Lot Size (sq. ft.):
3,136
Status:
Pending with Showings
Current Price:
$367,530.90
List Date:
11/04/2025
Last Modified:
3/03/2026
Description
Now Priced $64K 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.
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.
More Information MLS# 100509231
Property Interior Info
ud_i_10: 1
Total SqFt - Heated (Primary + Separate): 1229
# Rooms: 5
# Baths - Full: 1
# Baths - Half: 0
# Baths - Total: 1
Master Bedroom Level: Primary Living Area
Stories: 1
Fireplace Y/N: No
SqFt - Heated (Primary): 1229
# Bedrooms: 2
Contract Info
Delayed Marketing?: No
Sub-Type: Single Family Residence
Construction Type: Stick Built
List Price/SqFt: 299.05
Stipulation of Sale: Standard
Status: Pending with Showings
Marketing Start Date: 2025-05-22
Listing Price: 367530.9
Current Price: $367,530.90
Location Information
City Limits: Yes
Marketing City: Wilmington
Secondary Subdivision: N/A
Street #: 1120
Pre Direction: S
Street Name: 3rd
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28401
Subdivision: Not In Subdivision
Geo Lat: 34.220855
Geo Lon: -77.944628
Remarks and Showing
Sign on Property: Yes
Directions to Property: West (toward River) on Market Street, make left onto 3rd Street and make right onto Marstellar. First right onto Roderick Alley and house will be the 1st driveway to the right (beside Axes and Allies). Please use back door only.
Property Exterior Info
New Construction: No
Lot Acres: 0.07
Lot Dimensions: .12
Lot SqFt: 3136
Waterfront: No
Location Type: Mainland
Legal & Taxes
Tax Assessed Value: 434000
Total Real Estate Property Taxes: 2554
Deed Book: 6079
Deed Page: 1275
Legal: SE 4 Blk 4 Wilm
Broker Owner: Yes
PID: R05413-018-015-000
Tax Identifier: R05413-018-015-000
Plat Book: Unknown
Plat Page: Unknown
Special Assessments: None
Tax Year: 2024
Zoning: UMX
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
School District: New Hanover
Elementary School: Snipes
Middle School: Williston
High School: New Hanover
Garage & Parking
Attached Garage Spaces: 0
Detached Garage Spaces: 0
Total # Garage Spaces: 0
Total Carport Spaces: 0
Parking Features
Concrete: 1
Off Street: 1
HOA and Neigh Amenities
Park: 1
Playground: 1
Sidewalk: 1
Attic
Stairs - Pull Down: 1
Basement
None: 1
Frontage Type
See Remarks: 1
View Type
None: 1
Construction
Wood Frame: 1
Style
Historic District: 1
Current Service Providers
Electric Provider: Duke Progress Energy
Natural Gas Provider: Piedmont Natural Gas Co.
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority
Exterior Finish
Fiber Cement: 1
Terms
Cash: 1
Conventional: 1
FHA: 1
Lease Purchase: 1
Lease w/Purch. Opt.: 1
Seller Financing: 1
VA Loan: 1
Fencing
Back Yard: 1
Wood: 1
Privacy: 1
Foundation
Block: 1
Brick/Mortar: 1
Crawl Space: 1
Flooring
Laminate: 1
Vinyl: 1
Green Bldg Features
LED Lighting: 1
Patio and Porch Features
Deck: 1
Open: 1
Porch: 1
Roof
Shingle: 1
Levels
One: 1
Entry Level Information
Entry Level: 1
Road Type/Frontage
Alley: 1
Public (City/Cty/St): 1
Trash Collection
City Pick-UP: 1
Cooling
Central Air: 1
Heat Pump: 1
Heated SqFt
1200 - 1399: 1
Heating
Forced Air: 1
Heat Pump: 1
Heating System Fuel Source
Electric: 1
Natural Gas: 1
Water Heater
Electric: 1
Utilities
Sewer Available: 1
Water Available: 1
Sewer
Municipal Sewer: 1
Water Source
Municipal Water: 1
Appliances/Equip
Built-In Microwave: 1
Dryer: 1
Gas Cooktop: 1
Gas Oven: 1
Refrigerator: 1
Washer: 1
Furnished
Furnished: 1
Negotiable: 1
Interior Features
Blinds/Shades: 1
Bookcases: 1
Ceiling Fan(s): 1
Furnished: 1
High Ceilings: 1
Security Features
Smoke Detector(s): 1
Laundry Features
Laundry Closet: 1
Dining Room Type
Combination: 1
Rooms
Bedroom 1: 1
Bedroom 1 Level: Main
Bedroom 2: 1
Bedroom 2 Level: Main
Bonus Room: 1
Bonus Room Level: Main
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Legal Taxes
Year Built: 1912
Status Change Info
Under Contract Date: 2026-02-27
Property Features
Frontage Type: See Remarks
View Type: None
Attic: Stairs - Pull Down
Basement: None
Construction: Wood Frame
Style: Historic District
Exterior Finish: Fiber Cement
Fencing: Back Yard; Wood; Privacy
Foundation: Block; Brick/Mortar; Crawl Space
Green Bldg Features: LED Lighting
Parking Features: Concrete; Off Street
Patio and Porch Features: Deck; Open; Porch
Roof: Shingle
Levels: One
Trash Collection: City Pick-UP
Cooling: Central Air; Heat Pump
Heating: Forced Air; Heat Pump
Heating System Fuel Source: Electric; Natural Gas
Water Heater: Electric
Utilities: Sewer Available; Water Available
Sewer: Municipal Sewer
Water Source: Municipal Water
Flooring: Laminate; Vinyl
Furnished: Furnished; Negotiable
Interior Features: Blinds/Shades; Bookcases; Ceiling Fan(s); Furnished; High Ceilings
Security Features: Smoke Detector(s)
Laundry Features: Laundry Closet
Heated SqFt: 1200 - 1399
Dining Room Type: Combination
HOA and Neigh Amenities: Park; Playground; Sidewalk
Rooms: Bedroom 1; Bedroom 2; Bonus Room; Kitchen; Living Room
Terms: Cash; Conventional; FHA; Lease Purchase; Lease w/Purch. Opt.; Seller Financing; VA Loan
Room Information
Bedroom 1
Length: 13.00
Width: 13.00
Level: Main
Bedroom 2
Length: 10.00
Width: 10.00
Level: Main
Living Room
Length: 27.00
Width: 14.00
Level: Main
Kitchen
Length: 18.00
Width: 9.00
Level: Main
Bonus Room
Length: 12.00
Width: 9.00
Level: Main
Remarks: Front Hall with laundry closet
Listing Office:
Sold Buy the Sea Realty
IDX
Last Updated: March - 03 - 2026
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