501 S 5th Avenue, Wilmington, NC 28401
$306,500
Property Type:
Residential
Bedrooms:
4
Baths:
2
Square Footage:
2,130
Lot Size (sq. ft.):
2,971
Status:
Closed
Current Price:
$306,500
List Date:
2/23/2023
Last Modified:
9/06/2023
Description
This Castle Street District home is a Diamond in the Rough! From the front porch you can see the famous Fire Station No. 2! It's a few minutes to restaurants, bars, coffee and a yoga studio. It's a renovation project in need of a new owner that will appreciate the 4 original wood fireplace mantels with hundred year old fireplace tiles and original pine hardwood floors. Renovations have been estimated to be at least $200,000, but after, you will have a historic home done exactly to your taste! The roof was replaced two years ago so you can go in and lovingly preserve its historical features. The pine floors appear to have only been carpeted and never varnished so they would need light sanding and ready for the varnish color you choose. It would be the only varnish they have seen in 100 years. The location is unbeatable. This neighborhood is so charming that several movies have been shot here. Such an opportunity! Call your realtor and general contractor today and make this your dream home!
More Information MLS# 100365514
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Status: Closed
Effective Date: 2023-01-15
Delayed Marketing?: No
Delayed Marketing Date (DM): 2023-01-15
Auction: No
Listing Price: 375000
Current Price: $306,500
List Price/SqFt: 176.06
Sub Agent Comm $/%: $
Buyer Agent Comm: 2.5
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 501
Pre Direction: S
Street Name: 5th
Street Suffix: Avenue
County: New Hanover
State/Province: NC
Zip Code: 28401
City Limits: Yes
Marketing City: Wilmington
Subdivision: Downtown
Secondary Subdivision: N/A
Geo Lat: 34.229355
Geo Lon: -77.942293
Remarks and Showing
Directions to Property: Take your clients to Castle Street Kitchen for a delicious lunch. From the Castle Street Kitchen, head west on Castle St, make a right on 5th Ave, home is on the right on the corner of Church St and 5th Ave.
Sign on Property: Yes
Property Exterior Info
New Construction: No
Lot Acres: 0.07
Lot SqFt: 2971
Lot Dimensions: 45x66
Waterfront: No
Location Type: Mainland
Property Interior Info
SqFt - Heated (Primary): 2130
Total SqFt - Heated (Primary + Separate): 2130
# Rooms: 8
# Baths - Full: 2
# Baths - Total: 2
# Bedrooms: 4
Master Bedroom Level: Primary Living Area
Stories: 2
Legal & Taxes
Tax Assessed Value: 202700
Deed Book: 9908
Deed Page: 272012
Legal: NW END 1 BLK 91
Broker Owner: No
PID: R05405-036-011-000
Tax Identifier: R05405-036-011-000
Plat Book: 000
Plat Page: 00
Special Assessments: None
Tax Year: 2022
Year Built: 1903
Zoning: HD-R-HD-R
HOA: No
Cobra Zone: No
Elementary School: Snipes
Middle School: Williston
High School: New Hanover
Status Change Info
Under Contract Date: 2023-07-10
Sold Price: $306,500
Sold Date: 2023-09-06
Property Features
Construction: Wood Frame
Exterior Features: None
Exterior Finish: Wood Siding
Fencing: Brick; Partial
Foundation: Crawl Space
Fuel Tank: None
Parking Features: Dirt; Gravel; Off Street; On Site
Patio and Porch Features: Covered; Porch
Roof: Architectural Shingle
Stories/Levels: Two
Road Type/Frontage: Paved; Public (City/Cty/St)
Cooling: Central; None
Heating: Forced Air; None
Heating System Fuel Source: Natural Gas
Utilities: Community Sewer; Community Water; Natural Gas Connected
Fireplace: 3+
Interior Features: 9Ft+ Ceilings
Heated SqFt: 2000 - 2199
Dining Room Type: Formal
HOA and Neigh Amenities: No Amenities
Rooms: Bedroom 1; Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Kitchen; Laundry; Living Room
Terms: Cash; Conventional
Room Information
Living Room
Dining Room
Kitchen
Laundry
Bedroom 1
Bedroom 2
Bedroom 3
Bedroom 4
Listing Office: Momentum Companies Inc.
Last Updated: September - 06 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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