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4232 Lake Ave, Wilmington, NC, 28403

$325,000

Home List Price

$3,859*

Closing Credit

2 Bedrooms
1 Full Bath
800 SqFt
$406/SqFt
House

Location

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4232 Lake Ave, Wilmington$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Gravel, On Site
Year Built1962
HeatingForced Air, Heat Pump
CoolingCentral Air, Heat Pump
WaterfrontNone
FireplaceNone
MLS #100479742
Lot Size0.31 Acres
StatusAccepting Backup Offers
(Pending with Showings)

About 4232 Lake Ave

Simply adorable 3 bedroom, 1 bath cottage style home in the heart of Midtown in Wilmington. Private lot with a natural landscape close to Long Leaf Park, Roland Grise school, shopping and multiple dining options. Fresh paint throughout, vinyl windows, new hot water heater, new Maytag washer and dryer, new duct work throughout and a new septic system that has been completely replaced in November 2024. There is a chain link fence behind the 24 x 24 wired detached garage/workshop that can be used for a dog run. Enjoy the 14 x 12 screened porch, and an abundance of parking. Endless possibilities as an investment property or permanent residence. This home is protected by a seller 2-10 home buyer's warranty and if not purchased by buyer will expire at closing.

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 1
  • Living Area: 800 SqFt

Listing Office:

  • Office Name: Coldwell Banker Sea Coast Advantage

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Electric Oven, Electric Stove, Refrigerator, Humidifier
  • Basement: No
  • Flooring Type: LVT/LVP, Tile, Vinyl
  • Interior: 9Ft+ Ceilings, Workshop, Ceiling Fan(s), Blinds/Shades
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

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

Parking Information:

  • Attached Garage: No
  • Parking: Additional Parking, Gravel, On Site

Lot Features

Lot Information:

  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump
  • Cooling: Central Air, Heat Pump

Other

Directions Information:

  • Directions: South College past Oleander Drive, right onto Lake Avenue across from Long Leaf Park. Left onto gravel driveway, 4232 Lake Avenue is the second home on the left with the detached garage.

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $406/SqFt

Tax Information:

  • Annual Amount: $1,179
  • 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

$428.3K

Med. Price/SqFt

$244

Avg. Days On Market

53

# of Sold Homes

218

4232 Lake Ave vs Wilmington

5 DAYS ON ROCKET

-48 Days

$325,000

-$103.3K Less

$406/SqFt

+$161 More

KEY TAKEAWAY

This property is $103.3K less than the Median Sold Price and $161/SqFt more than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100479742

Listing Office:

  • Office Name: Coldwell Banker Sea Coast Advantage

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: 12/18/2024, 4:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 15, 2016Home Sold
$169,000
Dec 17, 2015Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,179$111,900
2019$1,178$111,900
2018$1,179$111,900
2017$1,053$111,900

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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-4367300
8
/10

  • Winter Park Elementary School

  • 204 S MacMillan Ave

  • 0.65 miles

  • Public District Grades KG-5

school-card-donut-4367301
4
/10

  • Edwin A Alderman Elementary School

  • 2025 Independence Blvd

  • 0.89 miles

  • Public District Grades KG-5

school-card-donut-4367302
5
/10

  • Holly Tree Elementary School

  • 3020 Web Trce

  • 1.13 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 $44,417. The most common annual income of people living in Wilmington, NC is between $35k-100k. 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 4232 Lake Ave

What is the listing price of this property?

The listing price of 4232 Lake Ave property is $325,000.

What type of property is this?

The property 4232 Lake Ave is a house located in Wilmington, North Carolina, 28403.

Is this property for sale now?

Accepting Backup Offers: 4232 Lake Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,179 (source: MLS/based on county public records data).

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

The last sale was on March 15, 2016 for $169,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4232 Lake Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4232 Lake Ave is 800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4232 Lake Ave is 1962.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28403›4232 Lake Ave

This home is located at 4232 Lake Ave in Wilmington, NC and zip code 28403 in the Midtown neighborhood. This 800 square foot home, which was built in 1962, sits on a 0.31 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $325,000.

Wilmington, NC housing market in November 2024 saw over 38 listings sold above listed price, more than 47 sold at listed price and over 133 sold below. The inventory of homes for sale in Wilmington, NC between October 2024 and November 2024 decreased by 5.6%. The median list price of listings available in November 2024 was $428,375, while the average time on the real estate market was 53 days.

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

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