402 S 5th Ave Wilmington, NC 28401
Old Wilmington NeighborhoodEstimated payment $2,619/month
Total Views
22,117
3
Beds
2
Baths
1,576
Sq Ft
$295
Price per Sq Ft
Highlights
- Wood Flooring
- Corner Lot
- No HOA
- Main Floor Primary Bedroom
- Furnished
- Covered Patio or Porch
About This Home
Charm, Charm, Charm!Step into the timeless beauty of this charming downtown Wilmington home, where historic elegance meets modern comfort. As you approach, the spacious front covered porch welcomes you with its classic appeal and a distinguished historic plaque. Once inside, you'll be captivated by the grand foyer, featuring original ornate wainscoting and a beautifully preserved staircase -- a true testament to the home's 1903 craftsmanship.Known as the A.M. Wilson House and celebrated as a designated local landmark by the Historic Wilmington Foundation, this residence is most famously associated with Dolly Humphrey Pearson, whose legacy lives on in the memorial across South Fifth Avenue, honoring her beloved gardens.This home offers three inviting bedrooms, including a convenient downstairs bedroom, perfect for guests or versatile living arrangements. The newly remodeled kitchen is a chef's delight, complete with a spacious pantry and modern finishes that complement the home's historic charm.Relax and enjoy your morning coffee on one of the three covered porches or retreat to the tranquil backyard gazebo, surrounded by mature landscaping. With its unbeatable location, you're just a short stroll from the vibrant shopping, dining, entertainment, and nightlife of Downtown Wilmington.Great Opportunity: With its undeniable character and prime location, this property offers massive Airbnb and rental potential for those seeking a lucrative investment or the perfect vacation rental.Experience the allure of this historic gem -- schedule your private showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,016
Year Built
- Built in 1903
Lot Details
- 2,004 Sq Ft Lot
- Lot Dimensions are 33x60x33x60
- Wood Fence
- Corner Lot
- Property is zoned HD-R
Parking
- On-Street Parking
Home Design
- Wood Frame Construction
- Architectural Shingle Roof
- Wood Siding
- Stick Built Home
Interior Spaces
- 1,576 Sq Ft Home
- 2-Story Property
- Furnished
- Ceiling Fan
- Self Contained Fireplace Unit Or Insert
- Blinds
- Combination Dining and Living Room
Kitchen
- Freezer
- Ice Maker
- Dishwasher
Flooring
- Wood
- Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Attic
- Pull Down Stairs to Attic
- Partially Finished Attic
Basement
- Partial Basement
- Crawl Space
Outdoor Features
- Covered Patio or Porch
Schools
- Snipes Elementary School
- Williston Middle School
- New Hanover High School
Utilities
- Forced Air Heating System
- Heat Pump System
- Natural Gas Connected
- Electric Water Heater
- Municipal Trash
Community Details
- No Home Owners Association
- Historic District Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number R05405-030-022-000
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 | $1,016 | $233,600 | $52,700 | $180,900 |
| 2023 | $987 | $233,600 | $52,700 | $180,900 |
| 2022 | $993 | $233,600 | $52,700 | $180,900 |
| 2021 | $1,000 | $233,600 | $52,700 | $180,900 |
| 2020 | $1,186 | $225,100 | $81,600 | $143,500 |
| 2019 | $1,186 | $225,100 | $81,600 | $143,500 |
| 2018 | $1,186 | $225,100 | $81,600 | $143,500 |
| 2017 | $1,186 | $225,100 | $81,600 | $143,500 |
| 2016 | $996 | $179,800 | $82,400 | $97,400 |
| 2015 | $952 | $179,800 | $82,400 | $97,400 |
| 2014 | $912 | $179,800 | $82,400 | $97,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | Pending | -- | -- | -- |
| 05/28/2025 05/28/25 | Price Changed | $465,000 | -3.1% | $295 / Sq Ft |
| 04/10/2025 04/10/25 | Price Changed | $480,000 | -5.9% | $305 / Sq Ft |
| 03/27/2025 03/27/25 | For Sale | $510,000 | -7.1% | $324 / Sq Ft |
| 10/22/2024 10/22/24 | Price Changed | $549,000 | -5.3% | $348 / Sq Ft |
| 10/02/2024 10/02/24 | For Sale | $580,000 | +141.7% | $368 / Sq Ft |
| 04/07/2021 04/07/21 | Sold | $240,000 | +0.4% | $174 / Sq Ft |
| 03/16/2021 03/16/21 | Pending | -- | -- | -- |
| 03/04/2021 03/04/21 | Price Changed | $239,000 | -16.1% | $173 / Sq Ft |
| 01/29/2021 01/29/21 | Price Changed | $285,000 | -18.3% | $207 / Sq Ft |
| 08/11/2020 08/11/20 | For Sale | $349,000 | -- | $253 / Sq Ft |
Source: Hive MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $240,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $35,000 | -- | |
| Deed | $2,500 | -- | |
| Deed | $1,000 | -- | |
| Deed | $2,500 | -- |
Source: Public Records
Similar Homes in Wilmington, NC
Source: Hive MLS
MLS Number: 100497142
APN: R05405-030-022-000
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