Unique investment property opportunity! Located in the Residential Office District, this well-maintained property can be used for either a Residential or Office purpose. This 1,275 square foot versatile building is positioned on a half-acre lot on Oleander Drive. Based on the zoning in this district, the property could be utilized as an office, long-term rental, short-term rental, residence, or combination of these uses. The floor plan provides an open common area, kitchen space, utility/laundry and private individual bedrooms or offices, The attention to detail adds to the charm and practicality of the space.
This property benefits from having two curb-cut access from Oleander and back access from a city-maintained alleyway. Other features such as additional parking, large front yard, covered porch, irrigation system, private fenced-in backyard and detached- garage all add to the value of this property.
You can enjoy the benefit of living and working close to shopping, entertainment, restaurants, UNCW, historic downtown and the beach. This is a great place to call home, your office or just a solid investment.
Sold for $475,000
$475,000
4927 Oleander Drive, Wilmington, NC 28403
3beds
1,275sqft
Single Family Residence
Built in 1949
0.46 Acres Lot
$458,200 Zestimate®
$373/sqft
$2,185 Estimated rent
Home value
$458,200
$422,000 - $495,000
$2,185/mo
Zestimate® history
Owner options
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$2,185/mo
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$2,790/mo
Est. payment
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$2,790/mo
Est. payment
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List your homeWhat's special
Covered porchHistoric downtownAdditional parkingOpen common areaPrivate fenced-in backyardPrivate individual bedroomsLarge front yard
Zillow last checked:
Listing updated:
Listed by:
Jeffrey G Hovis 910-512-2205,
Intracoastal Realty Corporation
Bought with:
A Non Member
A Non Member
Source: Hive MLS,MLS#: 100406612
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Dining room
- Features: Combination
Heating
- Gas Pack, Natural Gas
Cooling
- Central Air
Features
- None
- Basement: None
- Attic: Access Only
- Has fireplace: No
Interior area
- Total structure area: 1,275
- Total interior livable area: 1,275 sqft
Property
Parking
- Total spaces: 7
- Parking features: Detached, Additional Parking, Unpaved, Tandem
- Garage spaces: 1
- Uncovered spaces: 6
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Pool features: None
- Fencing: Chain Link,Back Yard,Wood
- Waterfront features: None
Lot
- Size: 0.46 Acres
- Dimensions: 100 x 200
- Features: See Remarks
Details
- Parcel number: R06108007006000
- Zoning: ROD
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Wood Frame
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Oleander
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $373/sqft
- Tax assessed value: $195,300
- Annual tax amount: $1,650
- Date on market: 9/25/2023
- Cumulative days on market: 5 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2023 | Sold | $475,000$373/sqft |
Source:  Hive MLS #100406612 Report a problem | ||
| 10/2/2023 | Pending sale | $475,000$373/sqft |
Source: Hive MLS #100406612 Report a problem | ||
| 9/25/2023 | Listed for sale | $475,000+206.5%$373/sqft |
Source: Hive MLS #100406612 Report a problem | ||
| 1/17/2006 | Sold | $155,000$122/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,340 +37.7% | $397,600 +103.6% |
| 2024 | $1,699 +3% | $195,300 |
| 2023 | $1,650 -0.6% | $195,300 |
| 2022 | $1,660 -0.7% | $195,300 |
| 2021 | $1,671 +12.1% | $195,300 +38% |
| 2020 | $1,491 | $141,500 |
| 2019 | $1,491 | $141,500 |
| 2018 | $1,491 | $141,500 |
| 2017 | $1,491 -9.6% | $141,500 -4.9% |
| 2016 | $1,649 +4.6% | $148,800 |
| 2015 | $1,576 +4.4% | $148,800 |
| 2014 | $1,509 | $148,800 |
| 2013 | -- | $148,800 |
| 2012 | -- | $148,800 +3.6% |
| 2011 | -- | $143,698 |
| 2010 | -- | $143,698 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $99,288 |
| 2004 | -- | $99,288 |
| 2003 | -- | $99,288 |
| 2002 | -- | $99,288 |
| 2001 | -- | $99,288 |
| 2000 | -- | $99,288 |
Find assessor info on the county website
Neighborhood: Winter Park
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Nearby schools
GreatSchools rating
- 8/10Winter Park Model ElementaryGrades: K-5Distance: 0.3 mi
- 6/10Roland-Grise Middle SchoolGrades: 6-8Distance: 0.8 mi
- 6/10John T Hoggard HighGrades: 9-12Distance: 1.1 mi
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Estimated market value
$458,200
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
$458,200
- North Carolina
- New Hanover County
- Wilmington
- 28403
- Winter Park
- 4927 Oleander Drive
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