715 S 5th Ave Wilmington, NC 28401
Dry Pond-South Side NeighborhoodEstimated Value: $417,000 - $449,000
3
Beds
2
Baths
1,363
Sq Ft
$316/Sq Ft
Est. Value
Highlights
- 0.24 Acre Lot
- Wood Flooring
- Solid Surface Countertops
- John T. Hoggard High School Rated A-
- 1 Fireplace
- No HOA
About This Home
As of May 2020Rare opportunity to own a renovated cottage blocks from the growing Castle Street Arts and Antique district. Enjoy a .24-acre lot with plenty of sought after off-street parking and a 440 sq. ft detached garage/storage building. This home has been updated with a new roof, vinyl windows, white cabinets and quartz countertops. Original pine flooring has been refinished throughout and low maintenance, waterproof vinyl plank flooring has been added in both bathrooms. The functioning wood-burning fireplace and rocking chair front porch add to the charm of this wonderful downtown opportunity.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,218
Year Built
- Built in 1948
Lot Details
- 10,555 Sq Ft Lot
- Lot Dimensions are 61x173
- Wood Fence
- Property is zoned R-3
Home Design
- Block Foundation
- Wood Frame Construction
- Architectural Shingle Roof
- Wood Siding
- Stick Built Home
- Composite Building Materials
Interior Spaces
- 1,363 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- 1 Fireplace
- Combination Dining and Living Room
- Attic Access Panel
- Laundry closet
Kitchen
- Electric Cooktop
- Stove
- Built-In Microwave
- Dishwasher
- Solid Surface Countertops
Flooring
- Wood
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Basement
- Partial Basement
- Crawl Space
Parking
- 1 Car Detached Garage
- Off-Street Parking
Outdoor Features
- Covered patio or porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Electric Water Heater
Community Details
- No Home Owners Association
- Downtown Subdivision
Listing and Financial Details
- Assessor Parcel Number R05409-020-007-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2020
Closed on
May 12, 2020
Sold by
T Jarman Properties Llc
Bought by
Schuler Phillip Harry
Seller's Agent
Bob McCorkle
Intracoastal Realty Corp
Buyer's Agent
Mel Hellums
Chiefs Realty
List Price
$279,000
Sold Price
$264,000
Premium/Discount to List
-$15,000
-5.38%
Total Days on Market
5
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
$167,361
Avg. Annual Appreciation
10.32%
Original Mortgage
$273,504
Outstanding Balance
$245,836
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$185,525
Purchase Details
Closed on
Aug 26, 2019
Sold by
Higgins Bertha
Bought by
T Jarman Properties Llc
Purchase Details
Closed on
Aug 24, 1979
Sold by
Higgins Alex
Bought by
Higgins Bertha
Purchase Details
Closed on
Aug 30, 1968
Sold by
Bradshaw M S Dorothy
Bought by
Higgins Bertha
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Wilmington, NC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schuler Phillip Harry | $264,000 | None Available | |
| T Jarman Properties Llc | $50,000 | None Available | |
| Higgins Bertha | -- | -- | |
| Higgins Bertha | $10,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schuler Phillip Harry | $273,504 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2020 05/12/20 | Sold | $264,000 | -5.4% | $194 / Sq Ft |
| 03/20/2020 03/20/20 | Pending | -- | -- | -- |
| 03/15/2020 03/15/20 | For Sale | $279,000 | -- | $205 / 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 |
|---|---|---|---|---|
| 2024 | $2,218 | $254,900 | $87,900 | $167,000 |
| 2023 | $2,218 | $254,900 | $87,900 | $167,000 |
| 2022 | $2,167 | $254,900 | $87,900 | $167,000 |
| 2021 | $2,181 | $254,900 | $87,900 | $167,000 |
| 2020 | $1,374 | $130,400 | $69,000 | $61,400 |
| 2019 | $1,374 | $130,400 | $69,000 | $61,400 |
| 2018 | $1,374 | $130,400 | $69,000 | $61,400 |
| 2017 | $1,374 | $130,400 | $69,000 | $61,400 |
| 2016 | $1,896 | $171,100 | $68,200 | $102,900 |
| 2015 | $1,812 | $171,100 | $68,200 | $102,900 |
| 2014 | $867 | $171,100 | $68,200 | $102,900 |
Source: Public Records
Agents Affiliated with this Home
-
Bob McCorkle
B
Seller's Agent in 2020
Bob McCorkle
Intracoastal Realty Corp
6 in this area
112 Total Sales
-
M
Buyer's Agent in 2020
Mel Hellums
Chiefs Realty
Map
Source: Hive MLS
MLS Number: 100209464
APN: R05409-020-007-000
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