Cottage / Storybook home in 414 S 2nd St Wilmington, NC
This 2,182-square-foot Cottage home in Wilmington, NC includes 2 bedrooms and 3 bathrooms. The Cottage styling carries through the home's design.
| Price | $675,000 |
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| Beds | 2 |
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| Baths | 3 |
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| Sqft | 2182 |
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| Architectural style | Cottage / Storybook (56% match) |
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| Address | 414 S 2nd St Wilmington, NC 28401 |
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Why buy this home
- Confirmed Cottage / Storybook architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced above comparable homes.
- At $675K, this home is 28% above the $526K median for 148 similar Cottage / Storybook homes in Wilmington, NC.
- That works out to $309 per square foot, 4% above the $296 comparable rate.
- On the market 13 days.
| This home | $675,000 |
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| Cottage / Storybook median in Wilmington, NC | $525,900 (148 homes) |
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| Price per sq ft | $309 vs. $296 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $4,409/month with 20% down at a 7.28% 30-year fixed rate. You would need about $188,962 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,695/mo |
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| Property tax (new-buyer reassessed rate) | $461/mo |
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| Homeowners insurance | $253/mo |
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| Total monthly | $4,409/mo |
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| Down payment (20%) | $135,000 |
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| Income needed | $188,962/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (69 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B- (69/100) |
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| Beats renting in | 25% of modeled paths |
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| Modeled 5-yr equity (median) | $357,784 |
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| Range (10th to 90th pct) | $220,062 to $515,511 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Wilmington, NC where local data is thin.
Local home values
Typical home values in Wilmington, NC have risen about 30% over the past 5 years (+0% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto