4 months on rocket

416 S 5th Ave, Wilmington, NC, 28401

$439,000

Home List Price

$5,213*

Closing Credit

3 Bedrooms
2 Full Baths
1,691 SqFt
$260/SqFt
House

Location

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416 S 5th Ave, Wilmington$439,000

Buyer Closing Credits

$5,213*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Shared, On Site
Year Built1890
HeatingGas Pack, Heat Pump
CoolingCentral Air, Heat Pump
Fireplace3+
MLS #100455281
Lot Size0.13 Acres
StatusActive

About 416 S 5th Ave

Own a piece of history with this 19th century Victorian home built in 1890, boasting almost 1700 sq feet of timeless character. From the original hardwood floors to the 10 ft ceilings, you'll love every square inch of this ''historical charmer''. Previously a duplex with 2 electric meters & 2 gas meters, this single family home could be easily converted back to income producing rentals, short term or long term. Shared driveway allows easy access to the back yard for parking and the potential to add an ADU. The primary bedroom has plumbing hookups from previous kitchen + there are 2 on demand water heaters. This home has many historic features with 4 fireplaces, plaster walls, picture rails, solid doors, brass door knobs, original stair railing, and a clawfoot porcelain tub. From the welcoming covered front porch with decorative window, enter the main floor which includes a living room, music room (could be used as a 3rd bedroom), full bath, kitchen, dining room, laundry room and access to a side deck off the kitchen. Upstairs are 2 bedrooms, a full bath with walk-in shower, and a trunk room that's perfect as a cozy office, nursery, or storage. Additional features: Metal roof (~10 years old), HVAC upstairs is a brand new gas pack split system (2024), HVAC downstairs is a gas pack package unit. Street parking is currently free, no permit needed. Historic Downtown Wilmington boasts sidewalks on the lovely tree-lined streets where you can explore nearby parks, landmarks, & all that downtown has to offer. Located in a neighborhood setting with close proximity to restaurants & entertainment. 5th Avenue currently undergoing upgrades including restriping, designated bike lanes, and ample parking. More details can be found in the attached document. Only 5 blocks to the Cape Fear riverwalk, minutes to shopping, dining, golf, the Convention Center, CFCC, Wilson Performing Arts Center, & <10 miles to Wrightsville Beach. You'll LOVE calling Historic Wilmington HOME!

Property Details

Property Features

Property Information:

  • Architectural Style: Historic District
  • Year Built: 1890
  • Stories: 2
  • Living Area: 1,691 SqFt

Listing Office:

  • Office Name: Coldwell Banker Sea Coast Advantage-Leland

Interior Features

Interior Information:

  • Appliances: Dishwasher, Washer, Electric Oven, Electric Stove, Refrigerator, Microwave, Dryer
  • Basement: No
  • Flooring Type: Tile, Wood
  • Interior: 9Ft+ Ceilings, Smoke Detectors, Walk-in Shower, Foyer, Ceiling Fan(s), Blinds/Shades
  • Fireplace: 3+

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street, Shared, On Site

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Gas Pack, Heat Pump
  • Cooling: Central Air, Heat Pump

Other

Directions Information:

  • Directions: From Market Street, turn onto South 5th Ave, house will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $439,000
  • Price Per SqFt: $260/SqFt

Tax Information:

  • Annual Amount: $3,129
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$425.5K

Med. Price/SqFt

$244

Avg. Days On Market

44

# of Sold Homes

265

416 S 5th Ave vs Wilmington

132 DAYS ON ROCKET

+88 Days

$439,000

+$13.4K More

$260/SqFt

+$15 More

KEY TAKEAWAY

This property is $13.4K more than the Median Sold Price and $15/SqFt more than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100455281

Listing Office:

  • Office Name: Coldwell Banker Sea Coast Advantage-Leland

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: 11/21/2024, 6:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,129$297,000
2019$3,128$297,000
2018$3,129$297,000
2017$2,537$297,000

History based on county public records data.

Payment Calculator

$2,259

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,383

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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.

Nearby Schools

school-card-donut-200087
5
/10
  • Douglass Academy

  • 507 N 6th St

  • 0.84 miles

  • Public Charter Grades KG-5

school-card-donut-200088
3
/10
  • Annie H Snipes Academy of Arts & Design

  • 2150 Chestnut St

  • 1.45 miles

  • Public Magnet Grades KG-5

school-card-donut-200089
5
/10
  • Sunset Park Elementary School

  • 613 Alabama Ave

  • 1.54 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,211. The majority of Wilmington, NC residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 416 S 5th Ave

What is the listing price of this property?

The listing price of 416 S 5th Ave property is $439,000.

What type of property is this?

The property 416 S 5th Ave is a house located in Wilmington, North Carolina, 28401.

Is this property for sale now?

Active Listing: 416 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 $3,129 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 416 S 5th Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 416 S 5th Ave is 1,691 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 416 S 5th Ave is 1890.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28401›416 S 5th Ave

This home is located at 416 S 5th Ave in Wilmington, NC and zip code 28401 in the Old Wilmington neighborhood. This 1,691 square foot home, which was built in 1890, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $439,000.

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. The number of homes for sale in Wilmington, NC increased by 3.5% between September 2024 and October 2024. Listings spent 44 days on the market in October 2024, and had a median list price of $425,528 during the same period.

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

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