Do I need a real estate agent to buy a home in Wilmington NC?

While not legally required, working with a local buyer's agent costs you nothing as a buyer in North Carolina — the seller typically covers both agent commissions. Given the complexity of contracts, due diligence periods, and local market nuance, having an experienced Wilmington real estate agent on your side is strongly advisable. Contact our team to speak with one of our agents before you begin your search.

How long does it take to buy a home in Wilmington NC?

From accepted offer to closing, most transactions in North Carolina close within 30 to 45 days. The due diligence period — during which inspections, financing, and negotiations occur — typically runs two to three weeks. Finding the right property can take anywhere from a few weeks to a few months depending on your criteria and current market conditions.

What is the due diligence fee in North Carolina?

North Carolina uses a unique due diligence system where buyers pay a non-refundable fee directly to the seller in exchange for an agreed period to inspect the property and conduct their research. The amount is negotiable and varies by property value and market conditions. Your Wilmington Realty agent will advise you on what is appropriate for any specific offer.

Can I buy a property and have Wilmington Realty manage it for me?

Yes — this is one of our most common arrangements. Our sales agents assist with the purchase, and once you close, our property management team takes over immediately. You have one point of contact for the full lifecycle of your investment.

How do I get a free home valuation in Wilmington NC?

You can request a free, no-obligation home valuation using the form on this page or by calling Wilmington Realty directly at (910) 477-2447. One of our agents will review comparable sales in your area and provide a realistic market value assessment, typically within 48 hours.

What areas does Wilmington Realty serve for real estate sales?

Wilmington Realty serves the greater Wilmington NC area including all of New Hanover County (Wilmington, Wrightsville Beach, Downtown Wilmington, Historic District, Porter's Neck, Monkey Junction, Kings Grant, Ogden, Castle Hayne, Myrtle Grove, and more), Brunswick County (particularly Leland), and Pender County (including Hampstead).

Why use Wilmington Realty to sell my investment property?

Wilmington Realty's unique position as both a property management company and a real estate brokerage means we have an established pool of investors actively looking to purchase rental properties. We can often match sellers with buyers from within our own inventory, resulting in faster sales, fewer days on market, and smoother tenant transitions.

106 Oak Ridge Lane, Wilmington, NC 28411 (MLS# 100061935)

Your search results

$1,700,000

106 Oak Ridge Lane
Wilmington, NC 28411
MLS# 100061935
Status: Closed

1 / 15

Property Description
Great Development site with excellent visibility with 289' on Market St. Price also includes .6 acres residential lot making total acreage 3.2 acres.

Details

Maps

Building/Ext Features

Lot Acres: 3.2

Lot SqFt: 139392

Lot Dimensions: 289x422x285x369

Location Type: Mainland

Contract Info

Auction: No

Stipulation of Sale: Standard

Status: Closed

Marketing Start Date: 2017-05-08

Listing Price: 1995000

Current Price: $1,700,000

Location Information

City Limits: No

Marketing City: Wilmington

Secondary Subdivision: N/A

Street #: 106

Street Name: Oak Ridge

Street Suffix: Lane

County: New Hanover

State/Province: NC

Zip Code: 28411

Subdivision: Other

Geo Lat: 34.282316

Geo Lon: -77.810858

Remarks and Showing

Sign on Property: Yes

Directions to Property: North on Market St. property on Left.

Building Info

New Construction: No

Legal and Taxes

Tax Assessed Value: 290500

Deed Book: 5820

Deed Page: 157

Legal: (2.59 ACRES) LTS 54-56 GREENVIEW RANCHES & ADJ RR R/W

Broker Owner: No

PID: 315912.95.1992.000

Tax Identifier: R03618002001000

Plat Book: 0

Plat Page: 0

Special Assessments: None

Tax Year: 2016

Zoning: B-1

HOA: No

Cobra Zone: No

Federal Flood Ins Avlbl: No

Flood Zone: No

Terms

Cash: 1

Sale/Lease Includes

See Remarks: 1

Lot Description

Corner Lot: 1

Road Type/Frontage

4+ Lanes: 1

Paved: 1

Public (City/Cty/St): 1

Road/Trans Access

Airport: 6 - 10 Miles

Interstate: Less than 5 Miles

Location

Corner: 1

Status Change Info

Under Contract Date: 2017-08-16

Sold Price: $1,700,000

Sold Date: 2018-03-29

Property Features

Lot Description: Corner Lot

Location: Corner

Terms: Cash

IDX

Listing Office: Intracoastal Realty Corp

Last Updated: January - 16 - 2020

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