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!
Sold for $306,500
$306,500
501 S 5th Avenue, Wilmington, NC 28401
4beds
2,130sqft
Single Family Residence
Built in 1903
3,049 Square Feet Lot
$459,000 Zestimate®
$144/sqft
$2,277 Estimated rent
Home value
$459,000
$399,000 - $532,000
$2,277/mo
Zestimate® history
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$1,817/mo
Est. payment
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$1,817/mo
Est. payment
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List your homeWhat's special
Original pine hardwood floorsPine floors
Zillow last checked:
Listing updated:
Listed by:
Celeste Salzberg 910-434-6967,
Momentum Companies Inc.
Bought with:
L. Craig C Yarboro, 225433
Berkshire Hathaway HomeServices Carolina Premier Properties
Source: Hive MLS,MLS#: 100365514
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Living Room, Dining Room, Kitchen, Laundry, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Heating
- Forced Air, None
Cooling
- Central Air, None
Features
- High Ceilings
Interior area
- Total structure area: 2,130
- Total interior livable area: 2,130 sqft
Property
Parking
- Parking features: Gravel, Unpaved, Off Street, On Site
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch
- Exterior features: None
- Fencing: Brick,Partial
Lot
- Size: 3,049 Square Feet
- Dimensions: 45 x 66
Details
- Parcel number: R05405036011000
- Zoning: HD-R-HD-R
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Crawl Space
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1903
Utilities & green energy
- Water: Public
- Utilities for property: Natural Gas Connected, Water Available
Community & HOA
Community
- Subdivision: Downtown
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $144/sqft
- Tax assessed value: $202,700
- Annual tax amount: $475
- Date on market: 5/11/2025
- Cumulative days on market: 159 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/6/2023 | Sold | $306,500-18.3%$144/sqft |
Source:  Hive MLS #100365514 Report a problem | ||
| 7/10/2023 | Pending sale | $375,000$176/sqft |
Source: Hive MLS #100365514 Report a problem | ||
| 2/23/2023 | Listed for sale | $375,000$176/sqft |
Source: Hive MLS #100365514 Report a problem | ||
| 2/5/2023 | Pending sale | $375,000$176/sqft |
Source: Hive MLS #100365514 Report a problem | ||
| 1/30/2023 | Price change | $375,000-5.1%$176/sqft |
Source: Hive MLS #100365514 Report a problem | ||
| 1/19/2023 | Listed for sale | $395,000-1.2%$185/sqft |
Source: Hive MLS #100365514 Report a problem | ||
| 4/12/2022 | Listing removed | -- |
Source: Hive MLS #100313496 Report a problem | ||
| 3/28/2022 | Price change | $399,9000%$188/sqft |
Source: Hive MLS #100313496 Report a problem | ||
| 2/23/2022 | Listed for sale | $400,000$188/sqft |
Source: Hive MLS #100313496 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $475 -73.1% | $80,700 -60.2% |
| 2024 | $1,763 +3% | $202,700 |
| 2023 | $1,713 -0.6% | $202,700 |
| 2022 | $1,723 -0.7% | $202,700 |
| 2021 | $1,735 -28.1% | $202,700 -11.5% |
| 2020 | $2,412 | $229,000 |
| 2019 | $2,412 | $229,000 |
| 2018 | $2,412 | $229,000 |
| 2017 | $2,412 +19.6% | $229,000 +25.8% |
| 2016 | $2,017 +4.6% | $182,000 |
| 2015 | $1,927 +4.4% | $182,000 |
| 2014 | $1,845 | $182,000 |
| 2013 | -- | $182,000 |
| 2012 | -- | $182,000 -8.6% |
| 2011 | -- | $199,055 |
| 2010 | -- | $199,055 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $141,263 |
| 2004 | -- | $141,263 |
| 2003 | -- | $141,263 |
| 2002 | -- | $141,263 |
| 2001 | -- | $141,263 |
| 2000 | -- | $141,263 |
Find assessor info on the county website
Neighborhood: Old Wilmington
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Nearby schools
GreatSchools rating
- 5/10Annie H Snipes ElementaryGrades: K-5Distance: 1.4 mi
- 6/10Williston MiddleGrades: 6-8Distance: 0.4 mi
- 3/10New Hanover HighGrades: 9-12Distance: 0.8 mi
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Estimated market value
$459,000
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
$459,000
- North Carolina
- New Hanover County
- Wilmington
- 28401
- Old Wilmington
- 501 S 5th Avenue
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