1501 Meridian Terrace Wilmington, NC 28411
Estimated payment $5,109/month
Total Views
15,182
4
Beds
3.5
Baths
3,063
Sq Ft
$286
Price per Sq Ft
Highlights
- Boat Dock
- Water Access
- Wood Flooring
- Porters Neck Elementary School Rated A-
- Wooded Lot
- Main Floor Primary Bedroom
About This Home
Listed below appraised value, this home offers instant equity in the peaceful waterfront community of Avenel.Tucked away on over half an acre in a private cul-de-sac, this beautifully updated brick home offers both privacy and convenience, with water access just steps away and Porters Neck conveniences just a short drive. Enjoy the quiet, coastal lifestyle in one of Wilmington's most tranquil neighborhoods.Inside the home, enjoy 10-foot ceilings, hardwood floors, crown molding, fresh paint, and updated lighting, while a cozy gas-log fireplace anchors the living room. The kitchen features a new wall oven/microwave, vent hood, stainless appliances, farmhouse sink, granite countertops, and freshly painted cabinetry.Across from the formal dining room, the flexible sitting room with barn doors at the front of the home is perfect for an office or playroom. The split floor plan includes two guest bedrooms with a Jack-and-Jill bath and a spacious first-floor primary suite with a custom walk-in closet, double vanity, Jacuzzi tub, and walk-in shower.Upstairs, the large bonus room serves as a 4th bedroom with its own full bath, new carpet, and a separate entrance--perfect for a private guest suite, home office, or media room. The screen and projector will be conveyed! The updated half bath on the main level features new tile and a pedestal sink.The expansive screened porch is the heart of the home, ideal for morning coffee, al fresco dining, or relaxing with views of the private backyard filled with mature trees, blooming azaleas, and wildlife. Additional highlights include a 2019 HVAC, two-car garage, walk-in crawl space, and attic storage with potential to expand living space.With generous upgrades, a large lot, flexible living space, and community water access, this Avenel gem is a rare find!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,760
Year Built
- Built in 1996
Lot Details
- 0.56 Acre Lot
- Fenced Yard
- Decorative Fence
- Corner Lot
- Wooded Lot
- Property is zoned R-20
HOA Fees
- $149 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Architectural Shingle Roof
- Stick Built Home
Interior Spaces
- 3,063 Sq Ft Home
- 2-Story Property
- Crown Molding
- Ceiling Fan
- 1 Fireplace
- Blinds
- Formal Dining Room
- Crawl Space
- Attic
Kitchen
- Range
- Dishwasher
- Farmhouse Sink
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Whirlpool Bathtub
- Walk-in Shower
Parking
- 2 Car Attached Garage
- Driveway
- Off-Street Parking
Outdoor Features
- Water Access
- Covered Patio or Porch
Schools
- Porters Neck Elementary School
- Holly Shelter Middle School
- Laney High School
Utilities
- Forced Air Heating System
- Propane Water Heater
Listing and Financial Details
- Tax Lot 42
- Assessor Parcel Number R03719-004-042-000
Community Details
Overview
- Avenel HOA, Phone Number (910) 679-3012
- Avenel Subdivision
- Maintained Community
Recreation
- Boat Dock
Security
- Resident Manager or Management On Site
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,834 | $528,300 | $116,700 | $411,600 |
| 2023 | $2,834 | $522,600 | $116,700 | $405,900 |
| 2022 | $2,118 | $522,600 | $116,700 | $405,900 |
| 2021 | $2,873 | $522,600 | $116,700 | $405,900 |
| 2020 | $2,758 | $436,100 | $96,600 | $339,500 |
| 2019 | $2,758 | $436,100 | $96,600 | $339,500 |
| 2018 | $2,758 | $436,100 | $96,600 | $339,500 |
| 2017 | $2,824 | $436,100 | $96,600 | $339,500 |
| 2016 | $2,713 | $391,500 | $115,500 | $276,000 |
| 2015 | $2,521 | $391,500 | $115,500 | $276,000 |
| 2014 | $2,478 | $391,500 | $115,500 | $276,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | Price Changed | $875,000 | -2.7% | $286 / Sq Ft |
| 07/21/2025 07/21/25 | Price Changed | $899,000 | -3.9% | $294 / Sq Ft |
| 06/17/2025 06/17/25 | Price Changed | $935,000 | -3.1% | $305 / Sq Ft |
| 06/06/2025 06/06/25 | For Sale | $965,000 | +28.7% | $315 / Sq Ft |
| 04/03/2023 04/03/23 | Sold | $750,000 | -3.2% | $245 / Sq Ft |
| 01/23/2023 01/23/23 | Pending | -- | -- | -- |
| 01/19/2023 01/19/23 | For Sale | $774,900 | +16.0% | $253 / Sq Ft |
| 11/12/2021 11/12/21 | Sold | $668,000 | -1.0% | $215 / Sq Ft |
| 09/19/2021 09/19/21 | Pending | -- | -- | -- |
| 08/24/2021 08/24/21 | Price Changed | $675,000 | -2.2% | $217 / Sq Ft |
| 06/28/2021 06/28/21 | For Sale | $690,000 | -- | $222 / Sq Ft |
Source: Hive MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $750,000 | -- | |
| Deed | -- | -- | |
| Warranty Deed | $668,000 | None Available | |
| Deed | $360,000 | -- | |
| Deed | $335,000 | -- | |
| Deed | $63,500 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $76,875 | Construction | |
| Open | $712,500 | New Conventional | |
| Previous Owner | $334,000 | New Conventional | |
| Previous Owner | $384,000 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $280,000 | Unknown | |
| Previous Owner | $278,000 | New Conventional |
Source: Public Records
Similar Homes in Wilmington, NC
Source: Hive MLS
MLS Number: 100510683
APN: R03719-004-042-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. 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 Homesnap, Inc. 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. ©2025 Hive MLS LLC
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