Pending

Price cut: $15K (7/29)

$325,000

506 Rheims Way, Wilmington, NC 28412

3beds

1,375sqft

$1,916/mo

Get pre-qualified

Single Family Residence

Built in 1974

9,583 Square Feet Lot

$316,900 Zestimate^®

$236/sqft

$-- HOA

What's special

Discover this move-in ready brick ranch with NO HOA in the heart of ''Monkey Junction''. Thoughtful improvements have already been handled for you to include the beautifully updated kitchen w/ double convection oven & matching appliances. The main bathroom has been fully updated, featuring a walk-in tiled shower. All carpets have been replaced with LVP and an added bonus is the large laundry/pantry/mud room combo with a conveying secondary refrigerator and deep freezer. The beautifully landscaped yard backs to woods and Mott Creek where you will enjoy birdwatching and quiet evenings from the newly added, covered back patio. Looking for a home with that large hobby space for your toys? Don't scroll past the huge wired detached garage perfect for storage, parking, billiards, or a workshop. In addition to all the conveying appliances. Everything you need right when you move in! Be sure to ask us about the 1% lender credit with our preferred lender!

57 days
490
30

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Rooms

Room types: Master Bedroom, Bedroom 1, Bedroom 2, Living Room, Family Room, Bathroom 1, Bathroom 2

Heating

Electric, Heat Pump

Cooling

Central Air

Features

Ceiling Fan(s)
Basement: None
Attic: Access Only
Has fireplace: No

Interior area

Total structure area: 1,375
Total interior livable area: 1,375 sqft

Property

Parking

Total spaces: 2
Parking features: Detached, Concrete, Off Street, Garage
Garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: One
Patio & porch: Covered, Patio
Exterior features: None
Pool features: None
Fencing: None
Has view: Yes
View description: None
Frontage type: See Remarks

Lot

Size: 9,583 Square Feet
Dimensions: 91 x 121 x 35 x 64 x 111

Details

Parcel number: R07605006005000
Zoning: R-10
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Brick Veneer, Vinyl Siding, Wood Frame
Foundation: Slab
Roof: Architectural Shingle

Condition

New construction: No
Year built: 1974

Utilities & green energy

Utilities for property: Sewer Connected, Water Connected

Green energy

Green verification: None

Community & HOA

Community

Subdivision: Marquis Hills

HOA

Has HOA: No

Location

Region: Wilmington

Financial & listing details

Price per square foot: $236/sqft
Tax assessed value: $306,700
Annual tax amount: $1,160
Date on market: 7/9/2026
Cumulative days on market: 58 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Paved

Estimated market value

$316,900

$301,000 - $333,000

$2,329/mo

Price history

Date	Event	Price
8/17/2026	Pending sale	$325,000$236/sqft
Source: Hive MLS #100587430 Report a problem
7/29/2026	Price change	$325,000-4.4%$236/sqft
Source: Hive MLS #100587430 Report a problem
7/9/2026	Listed for sale	$340,000+365.8%$247/sqft
Source: Hive MLS #100587430 Report a problem
8/1/2002	Sold	$73,000$53/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,235 +17.3%	$306,700 +63.7%
2024	$1,053 +0.6%	$187,400
2023	$1,047 -0.9%	$187,400
2022	$1,056 +1.8%	$187,400
2021	$1,038 +33.8%	$187,400 +52.7%
2020	$776	$122,700
2019	$776	$122,700
2018	$776	$122,700
2017	$776 +2.9%	$122,700 +12.8%
2016	$754 +7.6%	$108,800
2015	$701 +1.7%	$108,800
2014	$689	$108,800
2013	--	$108,800
2012	--	$108,800 -26%
2011	--	$147,083
2010	--	$147,083
2009	--	--
2008	--	--
2007	--	--
2005	--	$76,528
2004	--	$76,528
2003	--	$76,528
2002	--	$76,528
2001	--	$76,528
2000	--	$76,528