A rare entry level opportunity in Wilmington is here. Nestled on nearly a half-acre just moments from Greenfield Lake, this cottage-style home offers the chance to move right in while adding your own updates over time. Whether you're a first-time buyer, investor, or someone looking to build equity through improvements, the location and potential are hard to match at this price.
Enjoy being just 0.3 miles from Greenfield Lake's trails, amphitheater and outdoor recreation, 0.2 miles from Legion Stadium, minutes to downtown Wilmington's restaurants, breweries and shopping, and approximately 25 minutes from some of southeastern North Carolina's most beautiful beaches. Recent improvements include cement board siding and replacement windows (2020), roof (2016 per prior owner), and HVAC system (2016 per prior owner). The main level offers approximately 935 heated square feet with two bedrooms, dining room, kitchen and full bath. Two additional finished rooms are located upstairs but are not included in the heated square footage due to ceiling height slightly under 7' and stair configuration. Buyers are encouraged to verify any intended uses or future modifications with appropriate professionals and local building authorities. Opportunities like this, with this much land and this location, don't come along often. Schedule your showing today and see the potential for yourself.
Under contract
$230,000
503 Woodlawn Avenue, Wilmington, NC 28401
2beds
1,235sqft
Single Family Residence
Built in 1944
0.38 Acres Lot
$223,300 Zestimate®
$186/sqft
$-- HOA
What's special
Cottage-style homeCement board sidingTwo bedroomsDining room
- 26 days |
- 1,043 |
- 56 |
Zillow last checked:
Listing updated:
Listed by:
Adam C Connolly 910-367-9716,
Berkshire Hathaway HomeServices Carolina Premier Properties
Source: Hive MLS,MLS#: 100591154
Originating MLS: Cape Fear Realtors MLS, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Master Bedroom, Living Room, Dining Room, Bedroom 2, Laundry
Primary bedroom
- Level: First
- Dimensions: 11 x 12
Bedroom 2
- Level: First
- Dimensions: 10 x 14
Dining room
- Level: First
- Dimensions: 9 x 10.5
Kitchen
- Level: First
- Dimensions: 8 x 10.5
Laundry
- Level: First
- Dimensions: 5 x 7
Living room
- Level: First
- Dimensions: 12 x 17
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Refrigerator, Dishwasher, Electric Range
- Laundry: Dryer Hookup, Washer Hookup, Laundry Room
Features
- Master Downstairs
- Flooring: Laminate, Tile, Vinyl
- Attic: Storage
- Has fireplace: No
Interior area
- Total structure area: 935
- Total interior livable area: 1,235 sqft
Property
Parking
- Parking features: Unpaved, Off Street
Features
- Levels: One and One Half
- Patio & porch: Covered, Deck, Front Porch
- Fencing: None
- Has view: Yes
- View description: None
- Frontage type: See Remarks
Lot
- Size: 0.38 Acres
- Features: Wooded
Details
- Additional structures: Shed(s)
- Parcel number: R06009004022000
- Zoning: R-7
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Wood Frame
- Foundation: Crawl Space
- Roof: Composition
Condition
- New construction: No
- Year built: 1944
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Woodlawn
HOA
- Has HOA: No
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $186/sqft
- Tax assessed value: $211,700
- Annual tax amount: $1,245
- Date on market: 7/24/2026
- Cumulative days on market: 26 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Zestimate®
$223,300
Estimated sales range
$212,000 - $234,000
Rent Zestimate®
$1,609/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Pending sale | $230,000$186/sqft |
Source: BHHS broker feed #100591154 Report a problem | ||
| 8/13/2026 | Contingent | $230,000$186/sqft |
Source: | ||
| 7/24/2026 | Listed for sale | $230,000+74.2%$186/sqft |
Source: | ||
| 12/4/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 11/22/2022 | Listed for rent | $1,700$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/2/2020 | Sold | $132,000-12%$107/sqft |
Source: | ||
| 8/13/2020 | Pending sale | $150,000$121/sqft |
Source: Coldwell Banker Sea Coast Advantage-CB #100227808 Report a problem | ||
| 8/10/2020 | Price change | $150,000-9.1%$121/sqft |
Source: Coldwell Banker Sea Coast Advantage-CB #100227808 Report a problem | ||
| 7/22/2020 | Listed for sale | $165,000+26.9%$134/sqft |
Source: Coldwell Banker Sea Coast Advantage-CB #100227808 Report a problem | ||
| 4/16/2020 | Sold | $130,000-4.7%$105/sqft |
Source: | ||
| 4/13/2020 | Listed for sale | $136,400$110/sqft |
Source: Clear Blue Real Estate, LLC #100210950 Report a problem | ||
| 3/31/2020 | Pending sale | $136,400$110/sqft |
Source: Clear Blue Real Estate, LLC #100210950 Report a problem | ||
| 3/25/2020 | Listed for sale | $136,400+48.3%$110/sqft |
Source: Clear Blue Real Estate, LLC #100210950 Report a problem | ||
| 3/4/2020 | Sold | $92,000+8.2%$74/sqft |
Source: Public Record Report a problem | ||
| 4/8/2013 | Sold | $85,000-22.7%$69/sqft |
Source: Public Record Report a problem | ||
| 8/1/2012 | Price change | $110,000-7.6%$89/sqft |
Source: Intracoastal Realty Corp. #473677 Report a problem | ||
| 6/15/2012 | Price change | $119,000-2.4%$96/sqft |
Source: Intracoastal Realty Corp. #473677 Report a problem | ||
| 3/7/2012 | Listed for sale | $121,900$99/sqft |
Source: Intracoastal Realty #473677 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,246 +5.1% | $211,700 +55.3% |
| 2024 | $1,186 +3% | $136,300 |
| 2023 | $1,152 -0.6% | $136,300 |
| 2022 | $1,159 -0.7% | $136,300 |
| 2021 | $1,166 +21.4% | $136,300 +49.5% |
| 2020 | $961 | $91,200 |
| 2019 | $961 | $91,200 |
| 2018 | $961 | $91,200 |
| 2017 | $961 -14.6% | $91,200 -10.1% |
| 2016 | $1,125 +4.6% | $101,500 |
| 2015 | $1,075 +4.4% | $101,500 |
| 2014 | $1,029 | $101,500 -21.3% |
| 2013 | -- | $128,900 |
| 2012 | -- | $128,900 -14.9% |
| 2011 | -- | $151,496 |
| 2010 | -- | $151,496 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $72,077 |
| 2004 | -- | $72,077 |
| 2003 | -- | $72,077 |
| 2002 | -- | $72,077 |
| 2001 | -- | $72,077 |
| 2000 | -- | $72,077 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Sunset Park/Woodlawn
Nearby schools
GreatSchools rating
- 6/10Sunset Park ElementaryGrades: K-5Distance: 0.2 mi
- 6/10Williston MiddleGrades: 6-8Distance: 1.9 mi
- 3/10New Hanover HighGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Sunset
- Middle: Williston
- 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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