516 S 5th Ave Wilmington, NC 28401
Old Wilmington NeighborhoodEstimated Value: $285,000 - $458,862
3
Beds
2
Baths
1,434
Sq Ft
$271/Sq Ft
Est. Value
About This Home
This home is located at 516 S 5th Ave, Wilmington, NC 28401 and is currently estimated at $389,216, approximately $271 per square foot. 516 S 5th Ave is a home located in New Hanover County with nearby schools including Snipes Academy of Arts & Design, Williston Middle School, and New Hanover High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 25, 2019
Sold by
Walk Property Group Llc
Bought by
Nasser Wais and Nasser Laura
Current Estimated Value
Purchase Details
Closed on
Sep 26, 2005
Sold by
Fredlaw Cleon and Fredlaw Ola
Bought by
Nasser Wais and Nasser Laura
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 6, 1994
Sold by
White Eudie Roberts Henry Lee
Bought by
Fredlaw Cleon Ola T
Purchase Details
Closed on
Jun 30, 1994
Sold by
Hartwell James M
Bought by
Fredlaw Cleon Ola T
Purchase Details
Closed on
Sep 23, 1992
Sold by
White E R
Bought by
Spencer Erin R
Purchase Details
Closed on
Jan 31, 1990
Sold by
Salling Sid M
Bought by
Spencer Erin R
Purchase Details
Closed on
Jan 18, 1990
Sold by
Waters Andrew L
Bought by
Salling Sid M
Purchase Details
Closed on
Nov 1, 1985
Sold by
Barton Willie Edward
Bought by
Waters Andrew L
Purchase Details
Closed on
Jun 1, 1963
Bought by
Capps Minnie B
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nasser Wais | -- | None Available | |
| Nasser Wais | $112,500 | None Available | |
| Fredlaw Cleon Ola T | -- | -- | |
| Fredlaw Cleon Ola T | $29,000 | -- | |
| Spencer Erin R | -- | -- | |
| Spencer Erin R | $7,300 | -- | |
| Salling Sid M | $1,000 | -- | |
| Waters Andrew L | $20,000 | -- | |
| Capps Minnie B | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Nasser Wais | $73,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 2023 | $1,965 | $225,900 | $81,400 | $144,500 |
| 2022 | $1,933 | $225,900 | $81,400 | $144,500 |
| 2021 | $1,933 | $225,900 | $81,400 | $144,500 |
| 2020 | $2,718 | $258,000 | $130,100 | $127,900 |
| 2019 | $1,643 | $233,800 | $130,100 | $103,700 |
| 2018 | $2,463 | $233,800 | $130,100 | $103,700 |
| 2017 | $2,463 | $233,800 | $130,100 | $103,700 |
| 2016 | $2,147 | $193,800 | $126,900 | $66,900 |
| 2015 | $2,052 | $193,800 | $126,900 | $66,900 |
| 2014 | $1,965 | $193,800 | $126,900 | $66,900 |
Source: Public Records
Map
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