508 McRae St, Wilmington, NC 28401 Property Records

New Hanover County property record for 508 McRae St, Wilmington, NC 28401

Property Summary

Property TypeVacant Land
Details840 sqft · built 1949
Lot Size0.13 acres (5,663 sqft)
OwnerCompany Name on File
Last Sale$530,000 (Dec 2024)
Tax Bill$601 (2025)
Flood ZoneZone X (minimal risk)
APNR04813-023-006-000

Property Details

APN / Parcel Number

Primary APNR04813-023-006-000

Interior

Stories1 Story
Building Area840 sqft Total Area

Exterior

Year BuiltBuilt 1949
Effective Year BuiltEffective 1965
Exterior MaterialConcrete
Lot Area5,663 sqft (0.13 acres)
TerrainLow

Utilities, Heating & Cooling

Cooling SystemNone
Heating SystemForced Air with A/C

Location & Zoning

Street Address508 MCRAE ST
CityWILMINGTON
StateNC
Zip28401-3646
Property CategoryVacant Land
Property TypeVacant Land > Uncategorized
Local Zoning CodeCB,COMMUNI
Legal DescriptionPT LOT 4 BLK 239 WILM
Legal SubdivisionWILMINGTON
Legal Block239
Legal Lot Number4
JurisdictionNEW HANOVER NC
Township / Civil DivisionWILMINGTON
Census Block Group1
Census Block1033
Census Tract10100

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin the Wilmington Historic District (Boundary Increase)
listed 2003 · 779 contributing resources · NRIS 03000344

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

508 McRae St, vacant land, is owned by a company that bought it in December 2024.

Source: New Hanover County records, as of October 20, 2026

Owner of RecordCompany Name on File
Mailing AddressPO BOX 17102, RALEIGH, NC 27619-7102
Owner TypeCompany
VestingLimited Liability Partnership

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 20, 2024 · Amount on File
Deed SaleDec 20, 2024 · Amount on File
Prior SaleJun 14, 2016 · Amount on File
Deed Document Number202431825
Deed Book / Page6748 / 500
Prior Transfer DateApr 29, 2016
Prior Transfer Doc00597202329
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

The 2025 property tax bill for 508 McRae St was $601, up 54.9% from the year before.

Source: New Hanover County assessment roll, as of October 10, 2025

Property Jurisdictions

TypeName
StateNorth Carolina
CountyNew Hanover County
MunicipalityWilmington City
Unified School DistrictNew Hanover County Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$601.00 (+54.9%)$102,200 Land $102,200$102,200 Land $102,200
2024$388.00 (-54.35%)
2023$850.00 (-0.58%)$100,700 Land $44,700 Building $56,000$100,700 Land $44,700 Building $56,000
2022$855.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 508 McRae St in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 2018.

Source: FEMA National Flood Hazard Layer, effective January 17, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies6 in force
Nearby Flood Claims2 (2018)
Claims Outside the SFHA2 of 2
Most Recent ClaimSep 2018 · Hurricane Florence
Claims by Event
  • Hurricane Florence, Sep 2018 · 2 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 508 McRae St is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 98% of the US · lower than 99% of North Carolina
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCFPUA-WILMINGTON
serves 212,227 people · EPA ID NC0465010
Water SourceSurface water
Last State InspectionApr 2026
LeadUnder 1 ppb (2026–2028)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 584 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber
5,000 / 5,000
Spectrum
Cable
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20

May also be available: T-Mobile.

Nearby Properties on McRae St

Nearby Streets

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