Seller's Agent in 2025
Denise Dakoulis
Sky's the Limit Realty
(910) 790-1952
6 in this area
77 Total Sales
509 S 5th Ave Wilmington, NC 28401
Old Wilmington Neighborhood
3
Beds
2.5
Baths
1,762
Sq Ft
3,136
Sq Ft Lot
Highlights
- Solid Surface Countertops
- Covered Patio or Porch
- Luxury Vinyl Plank Tile Flooring
- No HOA
- Laundry Room
- Combination Dining and Living Room
About This Home
As of October 2025This stunning historic home has undergone a top-to-bottom renovation, seamlessly blending modern updates with timeless charm. From the restored exterior to the beautifully reimagined interior, every detail has been thoughtfully designed. The open-concept floor plan features soaring 9-foot ceilings, abundant natural light, and meticulously restored moldings that reflect the home's rich character.Located in the heart of Historic Downtown Wilmington, this property is just steps from the Castle Street Antique & Arts District, where you'll find an array of trendy cafes, restaurants, and unique shops. It's also just five blocks from the Cape Fear River and boat launch area, offering easy access to scenic waterfront strolls and outdoor activities.A rare bonus in the historic district, this home includes off-street parking and a separately deeded lot that backs up to Prices Alley--providing endless possibilities for expansion, a garden retreat, or investment potential.
Last Agent to Sell the Property
Sky's the Limit Realty License #151860 Listed on: 02/09/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,257
Year Built
- Built in 1923
Lot Details
- 3,136 Sq Ft Lot
- Wood Fence
- Property is zoned HD-R; Lot: R-3
Home Design
- Wood Frame Construction
- Metal Roof
- Stick Built Home
Interior Spaces
- 1,762 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Combination Dining and Living Room
- Luxury Vinyl Plank Tile Flooring
- Pull Down Stairs to Attic
- Laundry Room
Kitchen
- Dishwasher
- Solid Surface Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
Basement
- Partial Basement
- Crawl Space
Parking
- Unpaved Parking
- On-Street Parking
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Covered Patio or Porch
Schools
- Snipes Elementary School
- Williston Middle School
- New Hanover High School
Utilities
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- Historic District Subdivision
Listing and Financial Details
- Assessor Parcel Number R05409-005-002-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 23, 2017
Sold by
Hoey Kevin and Catrone Mary Ann
Bought by
Foreclosed Assets Sales And Transfer Par
Purchase Details
Closed on
Dec 19, 2016
Sold by
Hoey Kevin and Hoey Kevin J
Bought by
Hoey Kevin J and Cotrone Mary Ann
Purchase Details
Closed on
Oct 5, 1994
Sold by
Albers Daniel Henry Lisa R
Bought by
Hoey Kevin
Purchase Details
Closed on
Jul 1, 1988
Sold by
Karafas George Angelina
Bought by
Albers Daniel H
Purchase Details
Closed on
Jun 1, 1978
Bought by
Karafas George Angelina
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $106,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $44,000 | -- | |
| Deed | $44,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2025 10/31/25 | Sold | $544,900 | -2.7% | $309 / Sq Ft |
| 10/23/2025 10/23/25 | Pending | -- | -- | -- |
| 09/22/2025 09/22/25 | Price Changed | $559,900 | -0.9% | $318 / Sq Ft |
| 08/06/2025 08/06/25 | Price Changed | $564,900 | -1.7% | $321 / Sq Ft |
| 06/19/2025 06/19/25 | Price Changed | $574,900 | -1.4% | $326 / Sq Ft |
| 05/08/2025 05/08/25 | Price Changed | $582,900 | -0.5% | $331 / Sq Ft |
| 04/15/2025 04/15/25 | Price Changed | $585,900 | -0.3% | $333 / Sq Ft |
| 02/20/2025 02/20/25 | For Sale | $587,900 | -- | $334 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $2,660 | $452,000 | $74,000 | $378,000 |
| 2024 | -- | $141,700 | $52,600 | $89,100 |
| 2023 | -- | $203,400 | $52,600 | $150,800 |
| 2022 | $0 | $203,400 | $52,600 | $150,800 |
| 2021 | $2,611 | $203,400 | $52,600 | $150,800 |
| 2020 | $2,611 | $247,900 | $80,400 | $167,500 |
| 2019 | $2,611 | $247,900 | $80,400 | $167,500 |
| 2018 | $0 | $247,900 | $80,400 | $167,500 |
| 2017 | $1,854 | $247,900 | $80,400 | $167,500 |
| 2016 | $1,854 | $167,300 | $73,200 | $94,100 |
| 2015 | $1,772 | $167,300 | $73,200 | $94,100 |
| 2014 | $1,696 | $167,300 | $73,200 | $94,100 |
Source: Public Records
Agents Affiliated with this Home
-
Denise Dakoulis
-
Kennan Espy
Buyer's Agent in 2025
Kennan Espy
Momentum Companies Inc.
(910) 519-3003
2 in this area
25 Total Sales
Map
Source: Hive MLS
MLS Number: 100487987
APN: R05409-005-002-000
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