1120 S 3rd Street, Wilmington, NC 28401

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

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

Own a home near 1120 S 3rd Street? See what it would sell for today — from what actually closed around you.

What's my home worth? →

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
Stories: 1
Construction: Fiber Cement, Wood Frame
Roof: Shingle
Foundation: Brick/Mortar, Block, Crawl Space
Water: Public
Property tax: $2,554 / year (2024)
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

Directions to 1120 S 3rd Street

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.

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.

Explore the area

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.

Across ZIP 28401, 79 2-bedroom homes sold in the past year at a median of $312,000.

Area figures are broad context from the MLS, not a valuation — they don't adjust for condition, lot, views or updates. Ask us for a true comparison.

Homes for sale in Wilmington New Hanover County homes

Own a home near 1120 S 3rd Street? See what it's worth — a home value report built from real sales in Wilmington.

What's my home worth? →

Questions about 1120 S 3rd Street

How much is 1120 S 3rd Street?

1120 S 3rd Street sold for $350,000 on May 29, 2026 (last asking price $359,900). It is not for sale now.

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).

1120 S 3rd Street Wilmington, NC 28401