29 days on rocket

706 S 5th Ave, Wilmington, NC, 28401

$289,900

Home List Price

$3,443*

Closing Credit

2 Bedrooms
1 Full Bath
696 SqFt
$417/SqFt
House

Location

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706 S 5th Ave, Wilmington$289,900

Buyer Closing Credits

$3,443*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1983
HeatingGas Pack
CoolingCentral Air
FireplaceNone
MLS #100472501
Lot Size0.14 Acres
StatusActive

About 706 S 5th Ave

Attention aspiring homeowners! This charming 2-bedroom, 1-bath bungalow, just one block from Castle Street in Downtown Wilmington, NC, offers great character and modern convenience. The inviting front porch sets the tone for a cozy home with bright living spaces, thanks to newly installed windows. The kitchen has all the essentials, and both bedrooms are simple yet comfortable. With a spacious backyard and a prime location near shops, cafes, and the riverfront, this bungalow is perfect for someone ready to embrace historic charm and add their personal touch.

Property Details

Property Features

Property Information:

  • Year Built: 1983
  • Stories: 1
  • Living Area: 696 SqFt

Listing Office:

  • Office Name: Coldwell Banker Sea Coast Advantage

Interior Features

Interior Information:

  • Interior: None
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Gas Pack
  • Cooling: Central Air

Other

Directions Information:

  • Directions: At the corner of S 5th and Queen St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $289,900
  • Price Per SqFt: $417/SqFt

Tax Information:

  • Annual Amount: $1,196
  • 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

706 S 5th Ave vs Wilmington

29 DAYS ON ROCKET

-15 Days

$289,900

-$135.6K Less

$417/SqFt

+$172 More

KEY TAKEAWAY

This property is $135.6K less than the Median Sold Price and $172/SqFt more than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100472501

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: 11/22/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 28, 2016Home Sold
$115,000
Apr 16, 2014Home Sold
$75,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,196$113,500
2019$1,195$113,500
2018$1,196$113,500
2017$1,305$113,500

History based on county public records data.

Payment Calculator

$1,514

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$936

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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-483657
5
/10

  • Douglass Academy

  • 507 N 6th St

  • 1.07 miles

  • Public Charter Grades KG-5

school-card-donut-483658
5
/10

  • Sunset Park Elementary School

  • 613 Alabama Ave

  • 1.31 miles

  • Public District Grades KG-5

school-card-donut-483659
3
/10

  • Annie H Snipes Academy of Arts & Design

  • 2150 Chestnut St

  • 1.55 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,125. Typical income of Wilmington, NC residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 706 S 5th Ave

What is the listing price of this property?

The listing price of 706 S 5th Ave property is $289,900.

What type of property is this?

The property 706 S 5th Ave is a house located in Wilmington, North Carolina, 28401.

Is this property for sale now?

Active Listing: 706 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 $1,196 (source: MLS/based on county public records data).

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

The last sale was on December 28, 2016 for $115,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 706 S 5th Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 706 S 5th Ave is 696 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 706 S 5th Ave is 1983.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28401›706 S 5th Ave

This home is located at 706 S 5th Ave in Wilmington, NC and zip code 28401 in the Dry Pond / South Side neighborhood. This 696 square foot home, which was built in 1983, sits on a 0.14 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $289,900.

While more than 46 listings in Wilmington, NC in October 2024 were sold above asking price, there were more than 66 listings sold at asking price, and more than 153 were sold below. The inventory of homes for sale in Wilmington, NC between September 2024 and October 2024 increased by 3.5%. 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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