NOT LISTED FOR SALE

5049 Park Ave Wilmington, NC 28403

Winter Park Neighborhood

Estimated Value: $566,509 - $1,153,000

5 Beds
6 Baths
2,130 Sq Ft
$341/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $540,000 $254 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,221/month

44 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Forced Air Heating and Cooling System
  • Roland-Grise Middle School Rated A-
  • Walk-In Closet
  • Combination Dining and Living Room

About This Home

As of November 2023

This superior concrete wall construction single family home is a must see. Being sold with 5049 Park Ave next door as a mirrored floor plan . The homes are on two different lots and can be sold separately. The homes are Zoned r-5. Between both 5053 and 5049 Park you have 2 buildings, 10 Bedrooms, 2 offices rooms that have closets and bathrooms and can be used as 2 extra bedrooms, 12 bathrooms 4 laundry rooms, kitchens and wet bars and plenty of parking. Every bedroom/office has their own bathroom. Each home has has all brand new appliances including a washer; dryer; fridge; stove; dishwasher; microwave. Home has never been lived in and just completed construction. Right next to the biking trail and just mins to the university and Wrightsville Beach. Currently one tenant is renting both properties for next 10 months at $8,000 a month and tenant pays all utilities and would like to renew at the end of the lease. Current tenant has furnished both properties and uses them as airbnbs grossing over 18k a month. These would also make perfect college rentals at about $950 a bedroom/office. Don't miss out!

Last Agent to Sell the Property

The Domenico Grillo Real Estate Team

Keller Williams Innovate-Wilmington Listed on: 08/22/2023

Keller Williams Innovate-Wilmington

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $581

Year Built

  • Built in 2022

Lot Details

  • 5,009 Sq Ft Lot
  • Property is zoned R-5

Parking

  • Shared Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Stick Built Home

Interior Spaces

  • 2,130 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Winter Park Elementary School
  • Roland Grise Middle School
  • Hoggard High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R06108-003-001-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$581

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Concrete, See Remarks
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate, See Remarks, Vinyl
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s), None, Walk-In Closet
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 265.21
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 6
  • Total Bathrooms: 6.00
  • Bedrooms: 5
  • Number Rooms: 6
  • Sq Ft Heated: 2130.00
  • Total Heated Primary Separate Sq Ft: 2130.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: See Remarks
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: None
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Shared

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Microwave - Built-In, None, Stove/Oven - Electric, Washer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities, See Remarks

Lot Info

  • Deed Page: 1750.00
  • Lot Acres: 0.12
  • Lot Dimensions: irregular
  • Lot Sq Ft: 5009.00
  • Zoning: R-5

Tax Info

  • Tax Identifier: R06108-003-001-000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 581.40

MLS Schools

  • Elementary School: Winter Park
  • High School: Hoggard
  • Middle School: Roland Grise

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
Nov 20, 2023
Sold by
Basso Philip and Basso Antoinette
Bought by
Agarwal Anil M and Agarwal Anu
Seller's Agent
The Domenico Grillo Real Estate Team
Keller Williams Innovate-Wilmington
Buyer's Agent
A Non Member
A Non Member
List Price
$564,900
Sold Price
$540,000
Premium/Discount to List
-$24,900
-4.41%
Views
565
Current Estimated Value
$727,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,127
Avg. Annual Appreciation
18.42%
Original Mortgage
$405,000
Outstanding Balance
$398,606
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$328,521

Purchase Details

Listed on
Mar 8, 2022
Closed on
Jun 8, 2022
Sold by
Builderpro Llc
Bought by
Basso Antoinette and Basso Philip
Seller's Agent
Christian Cardamone
Keller Williams Innovate-Wilmington
Buyer's Agent
The Domenico Grillo Real Estate Team
Keller Williams Innovate-Wilmington
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%

Purchase Details

Closed on
Jun 9, 2021
Sold by
Gastwirth Robert H and Gastwirth Dorothy A
Bought by
Gastell Group and Builderpro Llc

Purchase Details

Closed on
Oct 26, 2018
Sold by
Daugusta Heather Lynn Gray and Daugusta Christopher R
Bought by
Gastwirth Robert H and Gastwirth Dorothy A

Purchase Details

Closed on
Oct 8, 2003
Sold by
Finberg Claude Frank Life Est
Bought by
Augusta Heather Lynn Gray D

Purchase Details

Closed on
May 15, 2003
Sold by
Finberg Claude Frank
Bought by
Augusta Heather Lynn Gray D

Purchase Details

Closed on
Dec 2, 1968
Sold by
Hare T J Betty
Bought by
Finberg Claude Frank
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Agarwal Anil M $540,000 None Listed On Document
Basso Antoinette $1,000,000 None Listed On Document
Gastell Group -- None Available
Gastwirth Robert H $67,500 None Available
Augusta Heather Lynn Gray D -- --
Augusta Heather Lynn Gray D -- --
Finberg Claude Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agarwal Anil M $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $540,000 -4.4% $254 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
08/22/2023 08/22/23 For Sale $564,900 +13.0% $265 / Sq Ft
08/01/2022 08/01/22 Sold $500,000 +5.3% $231 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $475,000 -- $220 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

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
2023 $3,116 $358,200 $68,400 $289,800
2022 $581 $68,400 $68,400 $0
2021 $585 $68,400 $68,400 $0
2020 $158 $15,000 $15,000 $0
2019 $378 $35,900 $29,900 $6,000
2018 $378 $35,900 $29,900 $6,000
2017 $378 $35,900 $29,900 $6,000
2016 $402 $36,300 $29,900 $6,400
2015 $384 $36,300 $29,900 $6,400
2014 $368 $36,300 $29,900 $6,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Buyer's Agent in 2023

    A Non Member

    A Non Member

  • C

    Seller's Agent in 2022

    Christian Cardamone

    Keller Williams Innovate-Wilmington

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Map

Source: Hive MLS

MLS Number: 100401089

Hive MLS

APN: R06108-003-001-000

North Carolina New Hanover County Wilmington 28403 Winter Park

5049 Park Ave, Wilmington, NC

This home is located at 5049 Park Ave, Wilmington, NC 28403 since 22 August 2023 and is currently estimated at $727,127, approximately $341 per square foot. This property was built in 2022. 5049 Park Ave is a home located in New Hanover County with nearby schools including Winter Park Model Elementary School, Roland-Grise Middle School, and John T. Hoggard High School.

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.

Hive MLS 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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