19 days on rocket

402 S 5th Ave, Wilmington, NC, 28401

$580,000

Home List Price

$6,888*

Closing Credit

3 Bedrooms
2 Full Baths
1,576 SqFt
$368/SqFt
House

Location

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402 S 5th Ave, Wilmington$580,000

Buyer Closing Credits

$6,888*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street, Street Only
Year Built1903
HeatingFireplace(s), Heat Pump, Forced Air
CoolingCentral Air, Heat Pump
WaterfrontNone
Fireplace1
MLS #100469064
Lot Size0.05 Acres
StatusActive

About 402 S 5th Ave

Discover a unique opportunity to own a piece of Wilmington's history! This newly renovated colonial home, once cherished by ''Miss Dolly,'' Wilmington's oldest living resident and renowned for her beautiful gardens, is now available for you to call home.Boasting over $50K in thoughtful improvements, this charming residence features 3 spacious bedrooms and 2 modern bathrooms, making it perfect for families or as a turn-key AirBnB for short-term rentals.Situated on a corner lot, you'll enjoy easy access to all the vibrant restaurants, shopping, and nightlife that Historic Downtown Wilmington has to offer, all within walking distance.With its perfect blend of southern charm and contemporary upgrades, this home is a rare gem in a growing community. Whether you're looking for a new place to live or a lucrative investment opportunity, this property is ready for you to move in and start making memories.Don't miss your chance to own this fully renovated, fully furnished historic home--schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Historic District, Historic Home
  • Year Built: 1903
  • Stories: 2
  • Living Area: 1,576 SqFt

Listing Office:

  • Office Name: Bryant Real Estate

Interior Features

Interior Information:

  • Appliances: Dishwasher, Washer, Range Hood, Electric Oven, Electric Stove, Refrigerator, Range, Microwave, Ice Maker, Freezer, Dryer
  • Basement: No
  • Flooring Type: LVT/LVP, Wood, Tile
  • Interior: 9Ft+ Ceilings, Smoke Detectors, Walk-in Shower, Foyer, Pantry, Furnished, Ceiling Fan(s), Blinds/Shades, Apt/Suite
  • Fireplace: 1

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • Exterior: Storm Windows

Parking Information:

  • Attached Garage: No
  • Parking: On Street, Street Only

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Fireplace(s), Heat Pump, Forced Air
  • Cooling: Central Air, Heat Pump

School Info

Assigned Schools Information:

  • New Hanover High School, Public District Grades 9-12
  • Isaac M Bear High School, Public District Grades 9-12
  • Wilmington Early College High School, Public District Grades 9-12
  • Williston Middle School, Public District Grades 6-8
  • A H Snipes Academy of Arts/Des, Public District Grades PK-5
  • Dr John Codington Elementary School, Public District Grades KG-5
  • Dr Hubert Eaton Sr Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Market Street downtown, left on S. 6th, go 1 block, right on Dock Street, go 1 block to left on 5th Avenue. House on corner of 5th and Nun.

Price Information

Listing Price Info

Price Summary:

  • List Price: $580,000
  • Price Per SqFt: $368/SqFt

Tax Information:

  • Annual Amount: $1,186
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Wilmington, NC.

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Wilmington, NC

City

Med. Sold Price

$424.9K

Med. Price/SqFt

$243

Avg. Days On Market

48

# of Sold Homes

264

402 S 5th Ave vs Wilmington

19 DAYS ON ROCKET

-29 Days

$580,000

+$155K More

$368/SqFt

+$125 More

KEY TAKEAWAY

This property is $155K more than the Median Sold Price and $125/SqFt more than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100469064

Listing Office:

  • Office Name: Bryant Real Estate

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/22/2024, 1:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 07, 2021Home Sold
$240,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,186$225,100
2019$1,185$225,100
2018$1,186$225,100
2017$996$225,100

History based on county public records data.

Payment Calculator

$2,962

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,805

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-604600
3
/10

  • A H Snipes Academy of Arts/Des

  • 2150 Chestnut St

  • 1.42 miles

  • Public District Grades PK-5

school-card-donut-604601
6
/10

  • Dr John Codington Elementary School

  • 4321 Carolina Beach Rd

  • 4.66 miles

  • Public District Grades KG-5

school-card-donut-604602
9
/10

  • Dr Hubert Eaton Sr Elementary School

  • 6701 Gordon Rd

  • 6.69 miles

  • Public District Grades PK-5

Middle School

school-card-donut-604603
3
/10

  • Williston Middle School

  • 401 S 10th St

  • 0.51 miles

  • Public District Grades 6-8

High School

school-card-donut-604604
2
/10

  • New Hanover High School

  • 1307 Market St

  • 0.77 miles

  • Public District Grades 9-12

school-card-donut-604605
8
/10

  • Isaac M Bear High School

  • 630 Macmillan Ave N

  • 3.76 miles

  • Public District Grades 9-12

school-card-donut-604606
9
/10

  • Wilmington Early College High School

  • 4500 Blue Clay Rd

  • 7.40 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,211. Residents of Wilmington, NC typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 402 S 5th Ave

What is the listing price of this property?

The listing price of 402 S 5th Ave property is $580,000.

What type of property is this?

The property 402 S 5th Ave is a house located in Wilmington, North Carolina, 28401.

Is this property for sale now?

Active Listing: 402 S 5th Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 402 S 5th Ave are:
A H Snipes Academy of Arts/Des: GreatSchools Rating 3/10
Dr John Codington Elementary School: GreatSchools Rating 6/10
Dr Hubert Eaton Sr Elementary School: GreatSchools Rating 9/10
Williston Middle School: GreatSchools Rating 3/10
New Hanover High School: GreatSchools Rating 2/10
Isaac M Bear High School: GreatSchools Rating 8/10
Wilmington Early College High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,186 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 7, 2021 for $240,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 402 S 5th Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 402 S 5th Ave is 1,576 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 402 S 5th Ave is 1903.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28401›402 S 5th Ave

This home is located at 402 S 5th Ave in Wilmington, NC and zip code 28401 in the Old Wilmington neighborhood. This 1,576 square foot home, which was built in 1903, sits on a 0.05 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $580,000.

In September 2024 more than 40 listings in Wilmington, NC were sold above the asking price. During the same period more than 69 listings were sold at asking price, while more than 155 were sold below. In September 2024 in Wilmington, NC there were 2.3% less homes for sale than in August 2024. While the average time on the market in September 2024 was 48 days, the median list price was $424,945.

From Rocket Homes Real Estate and based on county public records data.

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