Landlord's Agent in 2020
Todd Toconis
Town & Country Real Estate
(910) 262-7653
4 in this area
125 Total Sales
724 S 5th Ave Unit 213 Wilmington, NC 28401
Dry Pond-South Side Neighborhood
1
Bed
1
Bath
550
Sq Ft
0.81
Acres
Highlights
- Main Floor Primary Bedroom
- No HOA
- Forced Air Heating System
- Corner Lot
- Ceiling height of 9 feet or more
- 1-Story Property
About This Home
As of September 2020Introducing Downtown Wilmington's latest urban living by Plantation Building Corp! 9'+ ceilings. Over sized doors and windows, honed slate counter tops, stainless LG appliances, washer/dryer in each unit! Elfa closet system with full length installed mirrors, luxury plank flooring, & ceilings fans. Water/sewer/trash included, WiFi Included, & optional garage parking (additional fee). Pricing varies on floor plan, size and unit location. *Photos are of sister unit.
Last Agent to Rent the Property
Town & Country Real Estate License #123283 Listed on: 07/21/2020
Property Details
Home Type
- Apartment
Year Built
- Built in 2019
Lot Details
- 0.81
Interior Spaces
- 550 Sq Ft Home
- 1-Story Property
- Ceiling height of 9 feet or more
- Laundry in Hall
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Parking
- On-Site Parking
- Off-Street Parking
Schools
- Snipes Elementary School
- Williston Middle School
- New Hanover High School
Additional Features
- Corner Lot
- Forced Air Heating System
Listing and Financial Details
- Tenant pays for cable TV, deposit, electricity
- The owner pays for sewer, trash removal, water
- No Smoking Allowed
- 12 Month Lease Term
- $40 Application Fee
Community Details
Overview
- No Home Owners Association
- The Pearl Condominium Subdivision
Pet Policy
- No Pets Allowed
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
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
Home Values in the Area
Average Home Value in this Area
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
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/08/2020 09/08/20 | Rented | $1,025 | -2.4% | -- |
| 08/25/2020 08/25/20 | Under Contract | -- | -- | -- |
| 07/21/2020 07/21/20 | For Rent | $1,050 | -- | -- |
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 |
|---|---|---|---|---|
| 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
Agents Affiliated with this Home
-
Todd Toconis
Map
Source: Hive MLS
MLS Number: 100227829
APN: R05409-019-012-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC
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