Atlantic Edge Partners
Responds Quickly
Intracoastal Realty Corporation
(833) 626-1316
166 Total Sales
1 in Old Wilmington
$785,000 Price
503 S 5th Ave Wilmington, NC 28401
Old Wilmington NeighborhoodEstimated Value: $437,000 - $538,000
3
Beds
2.5
Baths
1,816
Sq Ft
$279/Sq Ft
Est. Value
Highlights
- Deck
- High Ceiling
- Laundry Room
- Wood Flooring
- No HOA
- Central Air
About This Home
As of July 2024Investors, seize the opportunity in historic Wilmington, NC! This meticulously maintained home combines historic charm with modern updates, presenting an ideal investment prospect. Operating as a successful unfurnished long-term rental since 2018, the property has consistently maintained full occupancy. Located within a short walking distance to the downtown riverfront, the Castle Street Art District with vibrant restaurants, and the popular Cargo District. Also with its convenient location to Wrightsville Beach, this home offers unparalleled convenience for tenants who cherish proximity to both the vibrant city center and the relaxing coastal shores. Don't miss out on this prime investment with a proven rental history and an unbeatable location!
Last Agent to Sell the Property
Keller Williams Innovate-Wilmington License #318257 Listed on: 06/21/2024
Last Buyer's Agent
Caleb Courtney
Ivester Jackson Christie's
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Home Details
Home Type
- Single Family
Year Built
- Built in 1903
Lot Details
- 1,980 Sq Ft Lot
- Lot Dimensions are 66'x30'
- Property fronts a state road
- Wood Fence
Parking
- On-Street Parking
Home Design
- Metal Roof
- Wood Siding
Interior Spaces
- 1,816 Sq Ft Home
- 2-Story Property
- High Ceiling
- Family Room
- Combination Dining and Living Room
- Crawl Space
- Laundry Room
Kitchen
- Built-In Microwave
- Dishwasher
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-in Shower
Outdoor Features
- Deck
Schools
- Snipes Elementary School
- Williston Middle School
- New Hanover High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Municipal Trash
Community Details
- No Home Owners Association
- Historic District Subdivision
Listing and Financial Details
- Assessor Parcel Number R05405-036-012-000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 21, 2024
Closed on
Jul 12, 2024
Sold by
Dkb Properties Llc
Bought by
Seller's Agent
David McGee
Keller Williams Innovate-Wilmington
Buyer's Agent
Caleb Courtney
Ivester Jackson Christie's
List Price
$515,000
Sold Price
$485,000
Premium/Discount to List
-$30,000
-5.83%
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,423
Avg. Annual Appreciation
2.11%
Purchase Details
Listed on
Apr 12, 2017
Closed on
May 24, 2017
Sold by
Reynolds Thomas Leon
Bought by
Reynolds Connor Mary Lee and Reynolds Mary Lee
Seller's Agent
Regina Drury
Regina Drury Real Estate Group LLC
Buyer's Agent
Nancy Honeycutt
Coastal Options Realty, LLC
List Price
$232,500
Sold Price
$218,500
Premium/Discount to List
-$14,000
-6.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.83%
Purchase Details
Closed on
Jun 14, 2005
Sold by
White Nigel and White Debbie
Bought by
Connor Mary Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,600
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 22, 2003
Sold by
Green Tree Financial Servicing
Bought by
White Nigel Debbie
Purchase Details
Closed on
Sep 16, 2003
Sold by
Hutchens H Terry Sub Trustee
Bought by
Green Tree Financial Servicing
Purchase Details
Closed on
Oct 8, 1998
Sold by
Nelson Rosa Mae Life Estate
Bought by
Nelson Constance
Purchase Details
Closed on
May 2, 1994
Sold by
Nelson Constance
Bought by
Nelson Rosa Mae Life Estate
Purchase Details
Closed on
Aug 1, 1982
Sold by
Moskowitz Herbert Eve
Bought by
Nelson Constance Serbrena
Purchase Details
Closed on
Mar 1, 1954
Bought by
Moskowitz Herbert Eve
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Old Wilmington, NC
-
Atlantic Edge Partners
-
Melissa Martin
Melissa Martin
Responds QuicklyHarpo Properties LLC
(910) 795-4630
170 Total Sales
1 in Old Wilmington
$600,000 Price
-
Derek Stiefel
Derek Stiefel
Keller Williams Innovate-Wilmington
(980) 550-4618
51 Total Sales
1 in Old Wilmington
$400,000 Price
-
Rob Warwick
Rob Warwick
Coldwell Banker Sea Coast Advantage
(910) 807-7356
367 Total Sales
1 in Old Wilmington
$365,000 Price
-
Gloria Green
Gloria Green
Gloria Green Realty
(910) 679-9694
71 Total Sales
2 in Old Wilmington
$103K - $325K Price Range
-
Lois Potratz
Lois Potratz
Corcoran HM Properties
(910) 679-9541
55 Total Sales
1 in Old Wilmington
$1,250,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $485,000 | None Listed On Document | ||
| Reynolds Connor Mary Lee | -- | None Available | |
| Dkb Properties Llc | $218,500 | None Available | |
| Connor Mary Lee | $223,000 | None Available | |
| White Nigel Debbie | $65,000 | -- | |
| Green Tree Financial Servicing | $121,000 | -- | |
| Nelson Constance | -- | -- | |
| Nelson Rosa Mae Life Estate | -- | -- | |
| Nelson Constance Serbrena | -- | -- | |
| Moskowitz Herbert Eve | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $253,000 | ||
| Previous Owner | Connor Mary Lee | $250,000 | |
| Previous Owner | Connor Mary L | $66,621 | |
| Previous Owner | Connor Mary Lee | $44,600 | |
| Previous Owner | Connor Mary Lee | $178,400 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/18/2024 07/18/24 | Sold | $485,000 | -5.8% | $267 / Sq Ft | |
| 07/04/2024 07/04/24 | Pending | -- | -- | -- | |
| 06/21/2024 06/21/24 | For Sale | $515,000 | +135.7% | $284 / Sq Ft | |
| 06/01/2017 06/01/17 | Sold | $218,500 | -6.0% | $120 / Sq Ft | View Prior Sale |
| 05/08/2017 05/08/17 | Pending | -- | -- | -- | |
| 10/11/2016 10/11/16 | For Sale | $232,500 | -- | $128 / Sq Ft |
Source: Hive MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,977 | $505,800 | $74,200 | $431,600 |
| 2024 | $2,406 | $276,500 | $52,700 | $223,800 |
| 2023 | $2,336 | $276,500 | $52,700 | $223,800 |
| 2022 | $2,350 | $276,500 | $52,700 | $223,800 |
| 2021 | $0 | $276,500 | $52,700 | $223,800 |
| 2020 | $2,305 | $218,800 | $81,600 | $137,200 |
| 2019 | $2,305 | $218,800 | $81,600 | $137,200 |
| 2018 | $2,305 | $218,800 | $81,600 | $137,200 |
| 2017 | $3,179 | $301,800 | $81,600 | $220,200 |
| 2016 | $2,101 | $189,600 | $74,200 | $115,400 |
| 2015 | $2,008 | $189,600 | $74,200 | $115,400 |
| 2014 | $1,923 | $189,600 | $74,200 | $115,400 |
Source: Public Records
Agents Affiliated with this Home
-
David McGee
DM
Seller's Agent in 2024
David McGee
Keller Williams Innovate-Wilmington
(888) 584-9431
1 in this area
14 Total Sales
-
CC
Buyer's Agent in 2024
Caleb Courtney
Ivester Jackson Christie's
-
RD
Seller's Agent in 2017
Regina Drury
Regina Drury Real Estate Group LLC
-
NH
Buyer's Agent in 2017
Nancy Honeycutt
Coastal Options Realty, LLC
Map
Source: Hive MLS
MLS Number: 100451782
APN: R05405-036-012-000
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. ©2026 Hive MLS LLC
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