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Sold for $125,000
  • $125,000

    221 Montgomery Avenue, Wilmington, NC 28405

    2beds
    836sqft
    Single Family Residence
    Built in 1925
    4,791 Square Feet Lot
    $196,800 Zestimate®
    $150/sqft
    $1,587 Estimated rent

    Home value

    $196,800

    $169,000 - $222,000

    $1,587/mo

    Zestimate® history
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    $1,587/mo

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    $1,587/mo

    Rent Zestimate®

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    $580/mo

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    $580/mo

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    What's special

    221 Montgomery Avenue, a small yet delightful historic cottage conveniently located between Midtown and Downtown Wilmington, NC. This property is a dream come true for investors and DIY enthusiasts alike, offering a unique chance to build sweat equity and unleash your creativity. With a brand new roof installed in 2024, you can start your renovation journey from the top down.This approximately 836 sq ft home is currently set up as a 2-bedroom, 1-bathroom with a large living room and formal dining room, complemented by a galley kitchen. The property sits on a large lot and features off street parking upfront and a spacious backyard, providing ample outdoor space for various possibilities. Enjoy the convenience of being close to both Midtown and Downtown Wilmington, where you or your new tenants can get anywhere in town with ease.Perfect for a fix and flip project, this home offers substantial return opportunities for savvy investors. It's also ideal for a handyman or handywoman looking to create a personalized space to call home, as this cottage is a blank canvas awaiting your vision. New construction is going up right next door, adding to the appeal and potential value of this property.The home is in need of renovation, making it an ideal candidate for a total makeover. Whether you choose to rent it out, move in, or flip it, the possibilities are endless. Don't miss out on this rare opportunity to invest in a property with great potential in a prime location. Schedule a viewing today and let your imagination run wild!

    Zillow last checked:

    Listing updated:

    Listed by:

    Christian A Cardamone 910-262-3399,

    Aloha Wilmington Real Estate

    Bought with:

    Pura Vida Realty International Inc, 345860

    REAL Broker LLC

    Source: Hive MLS,MLS#: 100451329MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Dining Room
    Primary bedroom
    • Level: Primary Living Area
    Dining room
    • Features: Formal
    Heating
    • Other, Heat Pump, Electric
    Cooling
    • Other, Central Air, Heat Pump
    Appliances
    • Included: None
    Features
    • Master Downstairs
    • Flooring: Laminate, Wood
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 836
    • Total interior livable area: 836 sqft

    Property

    Parking
    • Parking features: Off Street, On Site
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Porch
    • Fencing: None
    Lot
    • Size: 4,791 Square Feet
    • Dimensions: 50' x 96'
    Details
    • Parcel number: R04913017038000
    • Zoning: R-5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • See Remarks
    • Foundation: Block
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available

    Community & HOA

    Community
    • Subdivision: Ridgecrest
    HOA
    • Has HOA: No
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $150/sqft
    • Tax assessed value: $73,300
    • Annual tax amount: $619
    • Date on market: 10/9/2025
    • Cumulative days on market: 8 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Commercial,Cash

    Price history

    DateEventPrice
    7/17/2024Sold$125,000$150/sqft
    Source: Hive MLS #100451329 Report a problem
    6/26/2024Contingent$125,000$150/sqft
    Source: Hive MLS #100451329 Report a problem
    6/19/2024Listed for sale$125,000+371.7%$150/sqft
    Source: Hive MLS #100451329 Report a problem
    9/8/2003Sold$26,500$32/sqft
    Source: Hive MLS #30317185 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$935 +46.6%$158,900 +116.8%
    2024$638 +3%$73,300
    2023$619 -0.6%$73,300
    2022$623 -0.7%$73,300
    2021$627 +40.8%$73,300 +73.3%
    2020$446 $42,300
    2019$446 $42,300
    2018$446 $42,300
    2017$446 -21.1%$42,300 -17.1%
    2016$565 +4.6%$51,000
    2015$540 +4.4%$51,000
    2014$517 $51,000
    2013-- $51,000
    2012-- $51,000 -34.9%
    2011-- $78,313
    2010-- $78,313
    2009-- --
    2008-- --
    2007-- --
    2005-- $30,573
    2004-- $30,573
    2003-- $30,573
    2002-- $30,573
    2001-- $30,573
    2000-- $30,573
    Find assessor info on the county website

    Neighborhood: Old East Wilmington

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Freeman
    • Middle: Holly Shelter
    • High: New Hanover

    Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $196,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $196,800