2940 Oleander Dr Unit F11 Wilmington, NC 28403
Glen Meade NeighborhoodEstimated payment $1,511/month
Highlights
- Wood Flooring
- Solid Surface Countertops
- Ceiling Fan
- Furnished
- Combination Dining and Living Room
- Laundry Facilities
About This Home
This updated 2-bedroom, 1-bathroom condo is being offered fully furnished and is currently a profitable short-term rental, with Airbnb income history available upon request. Whether you're looking for your first home, a second home, or a ready-to-go investment, this property checks every box.Located in an established neighborhood with picturesque live oak-lined streets, this home offers the best of Wilmington living. Enjoy a walkable lifestyle with restaurants, coffee shops, groceries, and the Cross-City Trail just steps away. The vibrant downtown riverfront is only 2 miles away, New Hanover Regional Medical Center is just 3 miles away--ideal for mid-term rentals such as travel nurses--and Wrightsville Beach is only 7 miles from your door.Inside, the kitchen has been tastefully updated, and the entire property comes fully furnished for an effortless transition. The condo is turn-key, whether you continue its use as a successful Airbnb or make it your own primary residence.Don't miss this rare opportunity to own a charming, income-producing property in one of Wilmington's most desirable historic neighborhoods!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,334
Year Built
- Built in 1951
HOA Fees
- $244 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Shingle Roof
- Stick Built Home
Interior Spaces
- 936 Sq Ft Home
- 1-Story Property
- Furnished
- Ceiling Fan
- Blinds
- Combination Dining and Living Room
- Crawl Space
Kitchen
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Location
- Interior Unit
Schools
- Alderman Elementary School
- Williston Middle School
- New Hanover High School
Utilities
- Heat Pump System
- Co-Op Water
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number R05420-010-006-011
Community Details
Overview
- Master Insurance
- Cepco Association, Phone Number (910) 395-1500
- Oleander Court Condominiums Subdivision
- Maintained Community
Amenities
- Laundry Facilities
Pet Policy
- Pets Allowed
Map
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 |
|---|---|---|---|---|
| 2025 | $1,334 | $226,600 | $0 | $226,600 |
| 2024 | $1,060 | $121,800 | $0 | $121,800 |
| 2023 | $1,060 | $121,800 | $0 | $121,800 |
| 2022 | $1,035 | $121,800 | $0 | $121,800 |
| 2021 | $1,042 | $121,800 | $0 | $121,800 |
| 2020 | $908 | $86,200 | $0 | $86,200 |
| 2019 | $908 | $86,200 | $0 | $86,200 |
| 2018 | $908 | $86,200 | $0 | $86,200 |
| 2017 | $908 | $86,200 | $0 | $86,200 |
| 2016 | $897 | $81,000 | $0 | $81,000 |
| 2015 | $858 | $81,000 | $0 | $81,000 |
| 2014 | $821 | $81,000 | $0 | $81,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/18/2025 09/18/25 | For Sale | $220,995 | +8.3% | $236 / Sq Ft | |
| 05/26/2023 05/26/23 | Sold | $204,000 | +2.5% | $215 / Sq Ft | View Prior Sale |
| 04/25/2023 04/25/23 | Pending | -- | -- | -- | |
| 04/22/2023 04/22/23 | For Sale | $199,000 | +42.1% | $210 / Sq Ft | |
| 01/13/2022 01/13/22 | Sold | $140,000 | +0.1% | $148 / Sq Ft | View Prior Sale |
| 12/11/2021 12/11/21 | Pending | -- | -- | -- | |
| 12/08/2021 12/08/21 | For Sale | $139,900 | +15.6% | $148 / Sq Ft | |
| 09/09/2019 09/09/19 | Sold | $121,000 | -2.4% | $126 / Sq Ft | View Prior Sale |
| 07/15/2019 07/15/19 | Pending | -- | -- | -- | |
| 07/10/2019 07/10/19 | For Sale | $124,000 | -- | $129 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $204,000 | None Listed On Document | |
| Warranty Deed | $204,000 | None Listed On Document | |
| Warranty Deed | $140,000 | Mann Mcgibney & Jordan Pllc | |
| Warranty Deed | $121,000 | None Available | |
| Deed | $71,500 | -- | |
| Deed | $40,000 | -- | |
| Deed | $32,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $275,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $153,000 | New Conventional | |
| Closed | $153,000 | New Conventional |
Source: Hive MLS
MLS Number: 100531238
APN: R05420-010-006-011
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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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