408 N 5th Ave Wilmington, NC 28401

$295,000

408 North 5th Avenue, Wilmington NC
408 N 5th Ave
$295,000
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408 N 5th Ave
Wilmington,NC28401

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Home Details for 408 N 5th Ave


180+ Days on Trulia
1,134 views
Multi-Family (2-4 Units), Other Style - Wilmington, NC
408 N 5th Ave Historic District circa 1920. Beautifully renovated duplex located around the corner from the Brooklyn Arts District and just a short walk to downtown restaurants, theaters, shops and river walk. Loaded with charm and character this property has been meticulously restored and features many of the authentic historic details. Some of the original features include gorgeous refinished heart of pine floors, thick original wainscoting, glass transoms above doors, antique mantels, high ceilings and much more. As an added bonus several updates have been done including a new granite kitchen, des...igner tile floors and backsplash, new cabinets, and stainless appliances. The upper and lower front porches are perfect for relaxing and outdoor enjoyment. If you've always wanted to live downtown this could be a great opportunity to live in one unit and subsidize your mortgage payment by renting the other. Adjacent lot can be sold with the property.
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Schools
Elementary School
Approaches Standard

Middle School
Approaches Standard

New Hanover High School
Approaches Standard
High
Crime
Features for 408 N 5th Ave

Information last updated on 06/27/2014 12:00 AM:
    • Price: $295,000
    • 5 Bedrooms
    • 2 full Bathrooms
    • Multi-Family
    • Status: For Sale
    • Lot Size: 2,971 sqft
    • MLS/Source ID: 495380
    • Zip: 28401

Public Records for 408 N 5th Ave


Official property, sales, and tax information from county (public) records as of 09/2013:
    • Single Family Residential
    • 2,140 sqft
    • Stories: 2 story
    • Roof: Composition Shingle
    • Foundation: Concrete Block
    • County: New Hanover
    • 4 Bedrooms
    • Lot Size: 2,971 sqft
    • Heating: Central
    • 1 Unit
    • Style: Other
    • 2 Bathrooms
    • Built In 1920
    • Exterior Walls: Siding (Alum/Vinyl)
    • Basement: No Basement
    • Subdivision: 0135 RANKIN PLACE NORTH

Neighborhood Info


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Affordability


Monthly mortgage for 408 N 5th Ave

Property Taxes and Assessment for 408 N 5th Ave


Land
Improvement
Total
$50,400
+
$136,000
=
$186,400
Land
Improvement
Total
$50,400
+
$136,000
=
$186,400
Year Tax Assessment Market
2013 $1,871 $186,400  N/A
2012 N/A N/A $186,400 
Source: Public Records

Price History & Trends


Price History for 408 N 5th Ave


Date Event Price Source Agents
06/24/2014 Price Change
-$4K (-1.3%)
$295,000 Coldwell Banker Sea Coast Advantage Coldwell Banker Sea Coast Advantage  
10/12/2013 Price Change
-$10K (-3.2%)
$299,000 Coldwell Banker Sea Coast Advantage Coldwell Banker Sea Coast Advantage  
08/25/2013 Price Change $309,000 Coldwell Banker Sea Coast Advantage Coldwell Banker Sea Coast Advantage  
09/01/2005 Sold view detail $218,500 Public records Public records  
  • Recording Date
    09/01/2005
  • Contract Date
    08/31/2005
  • Sale Price
    $218,500
  • Price Type
    Sales Price or Transfer Tax rounded by county prior to computation. Varies by county.
  • Total Transfer Tax
    $437
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Warranty Deed

Compare homes in the area to 408 N 5th Ave

This Home
$295,000
VS
$98,500
$185,750

Real Estate Trends in 28401


Listing price for 408 N 5th Ave $295,000  
Average listing price for similar homes $285,695 3% below listing price
Average sale price for similar homes $400,000 36% above listing price
Average listing price for all homes in 28401 $203,877 45% below listing price
Median sale price for all homes in 28401 $98,500 67% below listing price

Comparables and Estimates around 408 N 5th Ave


$1,099,500
4 br / 2 ba
Single-Family Home
OPEN HOUSE Sun Oct 16, 2pm to 4pm
  • Sold Homes near 408 N 5th Ave


    Address Distance Property Type Sold price Sold date Bed Bath Sqft
    312 N 5th Ave, Wilmington NC 0.07 Multi-Family $400,000 02/07/14 6 2 2,268
  • Home Estimates for 408 N 5th Ave

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Contact Info

, Broker in 28401
Agent
(910) 616-4242
No Rating
 (0)

LISTING

AGENT

Broker
Coldwell Banker Sea Coast Advantage
1001 Military Cutoff Road, Wilmington, NC, 28405
(910) 799-3435
 
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