2 months on rocket

509 S 5th Ave, Wilmington, NC, 28401

$604,900

Home List Price

$7,183*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,762 SqFt
$343/SqFt
House
Schools Nearby

Location

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509 S 5th Ave, Wilmington$604,900

Buyer Closing Credits

$7,183*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, On Street, Unpaved
Year Built1923
HeatingHeat Pump
CoolingCentral Air
FireplaceNone
MLS #100428046
Lot Size0.07 Acres
StatusActive

About 509 S 5th Ave

After a major renovation, this lovely downtown home is ready for its next chapter. Wide open floor plan with rare off-street parking. Note the sky-high ceilings, restored moulding details and brand new systems. A few blocks to Historic Downtown restaurants, shops and RiverWalk.

Property Details

Property Features

Property Information:

  • Architectural Style: Historic District
  • Year Built: 1923
  • Stories: 2
  • Living Area: 1,762 SqFt

Listing Office:

  • Office Name: Bannister Real Estate

Interior Features

Interior Information:

  • Flooring Type: LVT/LVP
  • Interior: 9Ft+ Ceilings, Ceiling Fan(s), Smoke Detectors
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street, On Street, Unpaved

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • New Hanover High School, Public District Grades 9-12
  • Isaac M Bear High School, Public District Grades 9-12
  • Wilmington Early College High School, Public District Grades 9-12
  • Williston Middle School, Public District Grades 6-8
  • A H Snipes Academy of Arts/Des, Public District Grades PK-5
  • Dr John Codington Elementary School, Public District Grades KG-5
  • Dr Hubert Eaton Sr Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From MLK onto 3rd Street turn LEFT onto Market and RIGHT onto 5th. Ample off-street parking in front of the house or behind.

Price Information

Listing Price Info

Price Summary:

  • List Price: $604,900
  • Price Per SqFt: $343/SqFt
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Housing Market Comparison

See how this home compares to others in Wilmington, NC.

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Wilmington, NC

City

Med. Sold Price

$411.5K

Med. Price/SqFt

$237

Avg. Days On Market

41

# of Sold Homes

291

509 S 5th Ave vs Wilmington

75 DAYS ON ROCKET

+34 Days

$604,900

+$193.3K More

$343/SqFt

+$105 More

KEY TAKEAWAY

This property is $193.3K more than the Median Sold Price and $105/SqFt more than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100428046

Listing Office:

  • Office Name: Bannister Real Estate

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). 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 this firm 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. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 4:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,087

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,880

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4550619
3
/10

  • A H Snipes Academy of Arts/Des

  • 2150 Chestnut St

  • 1.43 miles

  • Public District Grades PK-5

school-card-donut-4550620
4
/10

  • Dr John Codington Elementary School

  • 4321 Carolina Beach Rd

  • 4.54 miles

  • Public District Grades KG-5

school-card-donut-4550621
7
/10

  • Dr Hubert Eaton Sr Elementary School

  • 6701 Gordon Rd

  • 6.69 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4550622
1
/10

  • Williston Middle School

  • 401 S 10th St

  • 0.49 miles

  • Public District Grades 6-8

High School

school-card-donut-4550623
3
/10

  • New Hanover High School

  • 1307 Market St

  • 0.81 miles

  • Public District Grades 9-12

school-card-donut-4550624
8
/10

  • Isaac M Bear High School

  • 630 Macmillan Ave N

  • 3.70 miles

  • Public District Grades 9-12

school-card-donut-4550625
9
/10

  • Wilmington Early College High School

  • 4500 Blue Clay Rd

  • 7.48 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,211. Most Wilmington, NC residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 509 S 5th Ave

What is the listing price of this property?

The listing price of 509 S 5th Ave property is $604,900.

What type of property is this?

The property 509 S 5th Ave is a house located in Wilmington, North Carolina, 28401.

Is this property for sale now?

Active Listing: 509 S 5th Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 509 S 5th Ave are:
A H Snipes Academy of Arts/Des: GreatSchools Rating 3/10
Dr John Codington Elementary School: GreatSchools Rating 4/10
Dr Hubert Eaton Sr Elementary School: GreatSchools Rating 7/10
Williston Middle School: GreatSchools Rating 1/10
New Hanover High School: GreatSchools Rating 3/10
Isaac M Bear High School: GreatSchools Rating 8/10
Wilmington Early College High School: GreatSchools Rating 9/10

How many bedrooms and bathrooms does this property have?

The property at 509 S 5th Ave has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 509 S 5th Ave is 1,762 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 509 S 5th Ave is 1923.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28401›509 S 5th Ave

This home is located at 509 S 5th Ave in Wilmington, NC and zip code 28401 in the Old Wilmington neighborhood. This 1,762 square foot home, which was built in 1923, sits on a 0.07 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 17, 2024 and is currently priced at $604,900.

In April 2024 more than 72 listings in Wilmington, NC were sold above the asking price. During the same period more than 65 listings were sold at asking price, while more than 154 were sold below. Between March 2024 and April 2024, Wilmington, NC real estate market has seen increase in the number of listings by 4%. The median list price of listings available in April 2024 was $411,592, while the average time on the real estate market was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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