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402 S 5th Ave, Wilmington, NC, 28401

$549,000

Home List Price

$6,519*

Closing Credit

3 Bedrooms
2 Full Baths
1,576 SqFt
$348/SqFt
House

Location

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402 S 5th Ave, Wilmington$549,000

Buyer Closing Credits

$6,519*

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 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

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: $549,000
  • Price Per SqFt: $348/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

$425.5K

Med. Price/SqFt

$244

Avg. Days On Market

44

# of Sold Homes

265

402 S 5th Ave vs Wilmington

51 DAYS ON ROCKET

+7 Days

$549,000

+$123.4K More

$348/SqFt

+$103 More

KEY TAKEAWAY

This property is $123.4K more than the Median Sold Price and $103/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: 11/22/2024, 11:20:49 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

$2,808

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,712

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NMLS#3030

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.

Nearby Schools

school-card-donut-752255
5
/10

  • Douglass Academy

  • 507 N 6th St

  • 0.80 miles

  • Public Charter Grades KG-5

school-card-donut-752256
3
/10

  • Annie H Snipes Academy of Arts & Design

  • 2150 Chestnut St

  • 1.44 miles

  • Public Magnet Grades KG-5

school-card-donut-752257
5
/10

  • Sunset Park Elementary School

  • 613 Alabama Ave

  • 1.58 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,211. The most common annual income of people living in Wilmington, NC is between $35k-100k. The most common type of family is single, no kids. Most residents in this area 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 $549,000.

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 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 $549,000.

Over 46 listings were sold over their listed price in October 2024 in Wilmington, NC. In the same period over 153 listings were sold below the listed price and 66 listings were sold for the listed price. In October 2024 in Wilmington, NC there were 3.5% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $425,528, while the average time on the real estate market was 44 days.

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

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