NOT LISTED FOR SALE

724 S 5th Ave Unit 111 Wilmington, NC 28401

Dry Pond-South Side Neighborhood
1 Bed
1 Bath
23,016 Sq Ft
0.81 Acres

About This Home

This home is located at 724 S 5th Ave Unit 111, Wilmington, NC 28401. 724 S 5th Ave Unit 111 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 28, 2021
Sold by
Pbw Holdings Llc
Bought by
Pearl & Jewel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,625,000
Outstanding Balance
$7,787,330
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2021
Sold by
Pbw Holdings Llc
Bought by
Stella Paul Michael and Stella Madge Norwood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,625,000
Outstanding Balance
$7,787,330
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 2021
Sold by
Pearls Llc
Bought by
Pbw Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,625,000
Outstanding Balance
$7,787,330
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 2021
Sold by
The Pearls Llc
Bought by
Pbw Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,625,000
Outstanding Balance
$7,787,330
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2021
Sold by
Pbw Holdings Llc
Bought by
The Pearls Llc

Purchase Details

Closed on
Jul 17, 2018
Sold by
Pbw Development Llc
Bought by
Pbw Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 17, 2007
Sold by
Roberti Samuel
Bought by
Dry Pond Llc

Purchase Details

Closed on
Mar 25, 1998
Sold by
Cape Fear Habitat For Humanity
Bought by
Mansour Kamal Ali

Purchase Details

Closed on
Jan 24, 1997
Sold by
Sencland Investment Inc
Bought by
Cape Fear Habitat For Humanity

Purchase Details

Closed on
Sep 7, 1983
Sold by
Turner W E Doris P
Bought by
Sencland Investment Inc

Purchase Details

Closed on
Sep 1, 1981
Sold by
Turner W E Doris P
Bought by
Turner W E Doris P

Purchase Details

Closed on
Aug 1, 1981
Sold by
Sencland Investment Inc
Bought by
Turner W E Doris P

Purchase Details

Closed on
Nov 1, 1972
Bought by
Sencland Investment Inc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
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
Pearl & Jewel Llc $11,500,000 None Available
Stella Paul Michael -- None Available
Pbw Holdings Llc -- None Listed On Document
Pbw Holdings Llc -- None Available
The Pearls Llc -- None Available
Pbw Holdings Llc -- None Available
Dry Pond Llc $75,000 None Available
Mansour Kamal Ali $17,000 --
Cape Fear Habitat For Humanity $5,000 --
Sencland Investment Inc -- --
Turner W E Doris P -- --
Turner W E Doris P -- --
Sencland Investment Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearl & Jewel Llc $8,625,000
Previous Owner Pbw Holdings Llc $2,500,000
Source: Public Records

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
2025 -- $6,715,000 $345,000 $6,370,000
2024 -- $5,293,400 $162,200 $5,131,200
2023 -- $5,293,400 $162,200 $5,131,200
2022 $22,650 $5,293,400 $162,200 $5,131,200
2021 $22,650 $5,293,400 $162,200 $5,131,200
2020 $17,478 $1,659,200 $66,900 $1,592,300
2019 $7,442 $133,900 $133,900 $0
2018 $1,411 $133,900 $133,900 $0
2017 $1,281 $121,600 $121,600 $0
2016 $1,347 $121,600 $121,600 $0
2015 $1,288 $121,600 $121,600 $0
2014 $1,233 $121,600 $121,600 $0
Source: Public Records

Map

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

724 S 5th Ave Unit 111, Wilmington, NC

This home is located at 724 S 5th Ave Unit 111, Wilmington, NC 28401. 724 S 5th Ave Unit 111 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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