NOT LISTED FOR SALE

722 N 5th Ave Wilmington, NC 28401

Dry Pond-South Side Neighborhood

Estimated Value: $394,453 - $496,000

3 Beds
2.5 Baths
1,526 Sq Ft
$295/Sq Ft Est. Value

Last Sold September 04, 2018

Last sale price $277,500 $182 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,581/month

72 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Porch
  • Main Floor Primary Bedroom
  • No HOA
  • Laundry Room

About This Home

As of September 2018

Get the best of both worlds! A modern home in the middle of a thriving Historic Brooklyn Arts Community. Just steps away from restaurants, shops, bakery, breweries, arts & entertainment! This energy efficient 3 Bedroom, 2 & a half Bath home gives you everything you need to enjoy the Downtown & Brooklyn Arts District lifestyle with your very own OFF STREET PARKING on adjoining corner lot with driveway & yard! Come see the hardwood floors, designer lighting fixtures, custom tile in both bathroom showers & custom granite countertops with crackle subway tile backsplash. Kitchen has abundance of cabinets, stainless appliances & oversized kitchen island with extra storage. Separate laundry room. New efficient Mitsubishi mini-split heating & AC system throughout.

Last Agent to Sell the Property

Bob McCorkle

Intracoastal Realty Corp License #32520 Listed on: 05/09/2018

Last Buyer's Agent

Monica Coleman

Coastal Properties License #227067

Coastal Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,018

Year Built

  • Built in 2007

Lot Details

  • 2,614 Sq Ft Lot
  • Corner Lot
  • Property is zoned R-3

Parking

  • On-Street Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,526 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Crawl Space
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R04813-013-002-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,018

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 184.80
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 1526.00
  • Total Heated Primary Separate Sq Ft: 1526.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Street Only

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Microwave - Built-In, Disposal
  • Cooling System: See Remarks
  • Fuel Tank: None
  • Heating System: Heat Pump, Other-See Remarks
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 356.00
  • Lot Acres: 0.06
  • Lot Description: Corner Lot
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 2614.00
  • Lot Water Features: None
  • Zoning: R-3

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: R04813-013-002-000
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
Aug 29, 2018
Sold by
Ferrone John Andrew and Ferrone John
Bought by
Gary Jeremy D
Seller's Agent
Bob McCorkle
Intracoastal Realty Corp
Buyer's Agent
Monica Coleman
Coastal Properties
List Price
$282,000
Sold Price
$277,500
Premium/Discount to List
-$4,500
-1.6%
Current Estimated Value
$440,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,191
Avg. Annual Appreciation
6.74%
Original Mortgage
$187,500
Outstanding Balance
$166,161
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$270,000

Purchase Details

Closed on
Jun 15, 2009
Sold by
Sprengel Ryan
Bought by
Ferrone John Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2007
Sold by
Cerniglia James A
Bought by
Sprengel Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
6.1%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 12, 2007
Sold by
Suntrust Bank
Bought by
Cerniglia James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
6.1%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 3, 2006
Sold by
Blue Clay Llc
Bought by
Suntrust Bank

Purchase Details

Closed on
Nov 25, 2003
Sold by
Novastar Mortgage Inc
Bought by
Blue Clay Llc

Purchase Details

Closed on
Aug 11, 2003
Sold by
Brown Leroy Martha
Bought by
Novastar Mortgage Inc

Purchase Details

Closed on
Apr 9, 1998
Sold by
Gore Donald Ray Jean Cleary
Bought by
Brown Leroy Martha A

Purchase Details

Closed on
Jun 3, 1992
Sold by
Bullock Jean H John C
Bought by
Gore Donald Ray Jean Cleary

Purchase Details

Closed on
Jun 1, 1980
Bought by
Bullock Jean H
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 Buyer Sale Price Title Company
Gary Jeremy D $277,500 None Available
Ferrone John Andrew $202,500 None Available
Sprengel Ryan $80,000 None Available
Cerniglia James A $50,000 None Available
Suntrust Bank $86,500 None Available
Blue Clay Llc $31,000 --
Novastar Mortgage Inc -- --
Brown Leroy Martha A -- --
Gore Donald Ray Jean Cleary -- --
Bullock Jean H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gary Jeremy D $187,500
Previous Owner Ferrone John Andrew $29,303
Previous Owner Ferrone John Andrew $162,000
Previous Owner Sprengel Ryan M $195,000
Previous Owner Sprengel Ryan $79,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2018 09/04/18 Sold $277,500 -1.6% $182 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $282,000 -- $185 / 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 $2,018 $232,000 $58,600 $173,400
2022 $1,972 $232,000 $58,600 $173,400
2021 $1,985 $232,000 $58,600 $173,400
2020 $1,204 $114,300 $10,800 $103,500
2019 $1,204 $114,300 $10,800 $103,500
2018 $0 $114,300 $10,800 $103,500
2017 $1,204 $114,300 $10,800 $103,500
2016 $1,260 $113,700 $12,400 $101,300
2015 $1,204 $113,700 $12,400 $101,300
2014 $1,153 $113,700 $12,400 $101,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bob McCorkle

    Intracoastal Realty Corp

    (910) 256-4503

    5 in this area

    109 Total Sales

    Section Image
  • Monica Coleman

    Buyer's Agent in 2018

    Monica Coleman

    Coastal Properties

    (910) 256-8171

    36 Total Sales

    Section Image
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Map

Source: Hive MLS

MLS Number: 100115302

Hive MLS

APN: R04813-013-002-000

North Carolina New Hanover County Wilmington 28401 Dry Pond-South Side

722 N 5th Ave, Wilmington, NC

This home is located at 722 N 5th Ave, Wilmington, NC 28401 since 09 May 2018 and is currently estimated at $449,613, approximately $294 per square foot. This property was built in 2007. 722 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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