Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for renovation quality, lot size, and bedroom count. Assessed value of $284K appears below market.
Renovated Craftsman Bungalow Steps from Downtown Wilmington
A craftsman bungalow with genuine curb appeal and a downtown address, 711 Ann Street marries thoughtful renovations with the kind of outdoor spaces that extend daily living. The covered front porch and original hardwood in the living room immediately register as character-forward details; beyond them, the floorplan opens to updated finishes — luxury vinyl plank floors through the main circulation, a renovated kitchen dressed with granite countertops and stainless-steel appliances, and bathrooms refreshed for contemporary comfort.
Upstairs and down, the home’s three bedrooms and two full baths provide flexible space for families, remote work, or an at-home studio. The primary living areas feel practical and comfortable rather than precious: central air, an electric heat pump, and durable finishes throughout signal low-maintenance living. The seller’s remodel preserved the warm patina of the original living-room hardwood while introducing modern conveniences and flow suited to everyday life.
Outdoor living is a standout here. A screened porch and a rear deck step down to a level, generous backyard where a built-in fire pit anchors evenings of conversation and casual entertaining. Off-street parking for two vehicles removes a common downtown headache, and the 0.1-acre lot provides privacy while remaining manageable. The property’s R-3 zoning also allows accessory dwelling units, offering future flexibility for an owner-occupant or investor.
Location is the final layer that elevates this house: Robert Strange Park and public courts are essentially around the corner, the Riverwalk and downtown dining are a short stroll away, and cultural anchors like Thalian Hall and the Cape Fear Museum are within easy reach. Whether you’re seeking a lively walkable lifestyle or a home with purposeful outdoor spaces, this renovated craftsman presents a rare combination of modern updates, preserved charm, and prime proximity to Wilmington’s best attractions.
See the properties helping shape the valuation.
Comparable sales
- 515 SF smaller
- Similar lot size
- 96 years older
- 8 SF smaller
- Similar lot size
- 96 years older
- 76 SF smaller
- 0.5 additional bathrooms
- Similar lot size
- 4 years newer
A 1999 craftsman bungalow on 0.1 acres.
Building
Site & utilities
Downtown Wilmington
Researched nearby locations
Location
711 Ann St, Wilmington, NC 28401
Downtown Wilmington blends historic charm with a walkable, amenity-rich lifestyle. Residents enjoy easy access to the Riverwalk, theaters like Thalian Hall, museums, parks, and an expanding roster of restaurants and shops. The area has seen steady revitalization and rising demand for homes that allow both urban convenience and private outdoor space. Tennis and pickleball courts, community fitness options, and public green spaces create a neighborhood that supports active, cultural, and social lifestyles within short walks of this property.
Excellent access to parks and civic recreation: Robert Strange Park and public courts 0.1 miles away, the Riverwalk 0.5 miles away for riverside walking, and nearby community fitness facilities and cultural venues.
A factual market snapshot around 711 Ann St.
Downtown Wilmington is operating as a seller’s market with limited inventory — roughly 2.5 months of supply and an average days-on-market near 30. Median area sale prices sit around $365,000, and short-term appreciation has been modestly positive (approx. +5% over 12 months and +25% over five years). Comparable closed sales in the immediate area within the last six months range roughly $365K–$448K, supporting an estimated value near the $400,000 midpoint for a renovated 3BR craftsman of this size and lot. Single-family homes in the downtown corridor tend to move quickly and attract multiple offers when priced competitively; inventory constraints favor sellers but also reward buyers who can act decisively.
For investors, rental demand in downtown Wilmington remains resilient — rental comps imply an estimated monthly rent near $2,000, yielding a gross rent return of about 6%. For owner-occupants, the walkable location, nearby parks and cultural amenities, and limited downtown inventory make this a strong candidate for long-term hold and appreciation. Buyers should come prepared with inspection contingencies and financing timelines in this market environment.
Single-Family Residential
Zoning
Research-indicated uses
- Single Family
- Accessory Dwelling Unit
- Home Occupation
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 9 SF smaller
- 19 SF smaller
What the research supports — and what is still worth verifying.
Key findings
- County assessor shows 2013 purchase at $74,900 ($51/SF)—current estimate $400,000 ($274/SF)
- Assessed value $284,000 (land $79,100, improvements $204,900)—annual taxes $1,933
- Zoned R-3—allows single-family residential and accessory dwelling units
- 3 comparable sales within 0.5 miles in last 6 months range $365K–$448K
- Average days on market in downtown Wilmington: 30 days (seller's market)
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify renovation permits were properly pulled
- Confirm zoning allowances for accessory dwelling units
- Professional home inspection
- Roof condition assessment
What stands out about this property.
Interior Features
- 3 bedrooms, 2 full bathrooms
- 1,459 SF over two stories
- Original hardwood floors in living room
- Luxury vinyl plank flooring in main areas
- Renovated kitchen with granite countertops
- Stainless-steel appliances
- Updated bathrooms
- Central air conditioning
- Electric heat pump
Exterior & Lot
- 0.10-acre level lot (4,356 SF)
- Covered front porch
- Screened porch and rear deck
- Large backyard with built-in fire pit
- Off-street parking for two vehicles
- Shingle roof
- 27 ft frontage on Ann Street
Location & Neighborhood
- Downtown Wilmington neighborhood
- 0.1 mi to Robert Strange Park
- 0.5 mi to Wilmington Riverwalk
- Walking distance to dining, shopping, and cultural attractions
- Near Thalian Hall and Cape Fear Museum
- Close to Fit For Fun Center and public courts
Walkability & Recreation
- Walkability Rating: 75/100 — Some errands on foot
- Robert Strange Park (0.1 mi) and nearby public courts (tennis/pickleball)
- Riverwalk for riverside walking and events (0.5 mi)
- Cultural destinations within a mile (Cape Fear Museum, Thalian Hall)
- Community recreation options at Fit For Fun Center
- Easy downtown access for restaurants and shops
Sources & research confidence.
See where the property research came from and how confidence varies by field.