509 S 5th Ave Wilmington, NC 28401
Old Wilmington NeighborhoodEstimated payment $3,115/month
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
This 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.
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
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 |
|---|---|---|---|---|
| 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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
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 | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $212,000 | New Conventional |
Source: Hive MLS
MLS Number: 100487987
APN: R05409-005-002-000
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