$40,000
SOLD MAY 6, 2016

720 N 5th Ave Wilmington, NC 28401

Northside Neighborhood
1 Bed
1 Bath
640 Sq Ft
2,701 Sq Ft Lot

Recently Sold

$62 Per Sq Ft

32% Below List Price

294 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Combination Dining and Living Room
  • Ground Level Unit
  • Covered patio or porch
  • Wood Siding

About This Home

As of November 2023

Very comfortable 1 bed and1 bath. Located within walking distance to the downtown attractions and just around the corner from Cape Fear Community College. Shopping, ice cream, restaurants, and night clubs, this town has something for everyone. Come check out this home in this awesome port city. SQUARE FOOTAGE NOT ACTUALLY HEATED CENTRALLY-USES SPACE HEATERS.

Last Agent to Sell the Property

Nick Felsh

Berkshire Hathaway HomeServices Carolina Premier Properties License #279366 Listed on: 06/02/2015

Last Buyer's Agent

Jeff Hovis

Intracoastal Realty Corp License #234605

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,467

Year Built

  • Built in 1910

Lot Details

  • 2,701 Sq Ft Lot
  • Lot Dimensions are 25x107
  • Property is zoned R-3

Parking

  • On-Street Parking

Home Design

  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Additional Features

  • Covered patio or porch
  • Ground Level Unit
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Tax Lot 0097
  • Assessor Parcel Number 3118-91-1643.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,467

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: Ground, One
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: 1st Floor Master
  • List Price per Sq Ft: 92.19
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 3
  • Primary Bedroom Level: First
  • Sq Ft Heated: 640.00
  • Total Heated Primary Separate Sq Ft: 640.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Metal

Garage/Parking

  • Garage And Parking Other See Remarks: Street Parking
  • Parking Driveway: Street Only

Utilities

  • Cooling System: Wall/Window Unit(s)
  • Fuel Tank: None
  • Heating System: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Sidewalk

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2355.00
  • Lot Acres: 0.06
  • Lot Dimensions: 25x107
  • Lot Number: 0097
  • Lot Sq Ft: 2701.00
  • Plat Book: 5377
  • Plat Page: 2350
  • Zoning: R-3

Tax Info

  • Tax Identifier: 3118-91-1643.000
  • Tax Year: 2015

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Nov 1, 2023
Sold by
Dogwood Design And Development Llc
Bought by
Hess Karl and Kurtz Camille
Seller's Agent
Christina Erichsen
BlueCoast Realty Corporation
Buyer's Agent
Michelle Clark
Intracoastal Realty Corp
List Price
$619,000
Sold Price
$634,000
Premium/Discount to List
$15,000
2.42%
Views
39
Current Estimated Value
$503,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$130,038
Avg. Annual Appreciation
-8.43%
Original Mortgage
$602,300
Outstanding Balance
$594,011
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
-$50,081

Purchase Details

Closed on
Jun 28, 2018
Sold by
Cumberland A & A Corp
Bought by
Dogwood Design And Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2015
Closed on
Apr 29, 2016
Sold by
Peoples Jr James N
Bought by
Cumberland A&A Corp
Seller's Agent
Nick Felsh
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Jeff Hovis
Intracoastal Realty Corp
List Price
$59,000
Sold Price
$40,000
Premium/Discount to List
-$19,000
-32.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.60%

Purchase Details

Closed on
Dec 10, 2007
Sold by
Peoples Sr James N
Bought by
Peoples Jr James N

Purchase Details

Closed on
Jun 30, 2004
Sold by
Peoples Katie
Bought by
Peoples James N

Purchase Details

Closed on
Apr 1, 1976
Bought by
Peoples James N Katie
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 Type Sale Price Title Company
Warranty Deed $634,000 None Listed On Document
Warranty Deed $120,000 None Available
Warranty Deed $40,000 None Available
Interfamily Deed Transfer -- None Available
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Open $602,300 New Conventional
Previous Owner $102,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Sold $634,000 +2.4% $371 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $619,000 +1447.5% $362 / Sq Ft
05/06/2016 05/06/16 Sold $40,000 -32.2% $63 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
06/02/2015 06/02/15 For Sale $59,000 -- $92 / 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 $1,467 $113,400 $61,000 $52,400
2022 $975 $114,700 $61,000 $53,700
2021 $982 $114,700 $61,000 $53,700
2020 $369 $35,000 $16,900 $18,100
2019 $369 $35,000 $16,900 $18,100
2018 $369 $35,000 $16,900 $18,100
2017 $369 $35,000 $16,900 $18,100
2016 $419 $37,800 $20,200 $17,600
2015 $400 $37,800 $20,200 $17,600
2014 $383 $37,800 $20,200 $17,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Christina Erichsen

    BlueCoast Realty Corporation

    (910) 836-8021

    1 in this area

    5 Total Sales

    Section Image

  • M

    Buyer's Agent in 2023

    Michelle Clark

    Intracoastal Realty Corp

    (910) 367-9767

    1 in this area

    424 Total Sales

    Section Image

  • N

    Seller's Agent in 2016

    Nick Felsh

    Berkshire Hathaway HomeServices Carolina Premier Properties

  • Jeff Hovis

    Buyer's Agent in 2016

    Jeff Hovis

    Intracoastal Realty Corp

    (910) 256-4503

    33 in this area

    257 Total Sales

    Section Image
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Map

Source: Hive MLS

MLS Number: 30523249

Hive MLS

APN: R04813-013-003-000

North Carolina New Hanover County Wilmington 28401 Northside

720 N 5th Ave, Wilmington, NC

This home is located at 720 N 5th Ave, Wilmington, NC 28401 and is currently priced at $40,000, approximately $62 per square foot. This property was built in 1910. 720 N 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.

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