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Sold for $540,000
  • $540,000

    5053 Park Avenue, Wilmington, NC 28403

    5beds
    2,130sqft
    Single Family Residence
    Built in 2022
    5,009 Square Feet Lot
    $720,600 Zestimate®
    $254/sqft
    $4,364 Estimated rent

    Home value

    $720,600

    $663,000 - $785,000

    $4,364/mo

    Zestimate® history
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    What's special

    This superior concrete wall construction single family home is a must see. Being sold with 5049 Park Ave next door as a mirrored floor plan . The homes are on two different lots and can be sold separately. The homes are Zoned r-5. Between both 5053 and 5049 Park you have 2 buildings, 10 Bedrooms, 2 offices rooms that have closets and bathrooms and can be used as 2 extra bedrooms, 12 bathrooms 4 laundry rooms, kitchens and wet bars and plenty of parking. Every bedroom/office has their own bathroom. Each home has has all brand new appliances including a washer; dryer; fridge; stove; dishwasher; microwave. Home has never been lived in and just completed construction. Right next to the biking trail and just mins to the university and Wrightsville Beach. Currently one tenant is renting both properties for next 10 months at $8,000 a month and tenant pays all utilities and would like to renew at the end of the lease. Current tenant has furnished both properties and uses them as airbnbs grossing over 18k a month. These would also make perfect college rentals at about $950 a bedroom/office. Don't miss out!

    Zillow last checked:

    Listing updated:

    Listed by:

    The Domenico Grillo Real Estate Team 910-508-7387,

    Keller Williams Innovate-Wilmington

    Bought with:

    A Non Member

    A Non Member

    Source: Hive MLS,MLS#: 100401090MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 6
    Primary bedroom
    • Level: Primary Living Area
    Dining room
    • Features: Combination
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Built-In Microwave, See Remarks, None, Washer, Refrigerator, Dryer, Dishwasher
    • Laundry: Dryer Hookup, Washer Hookup, Laundry Room
    Features
    • Master Downstairs
    • Flooring: Laminate, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 2,130
    • Total interior livable area: 2,130 sqft

    Property

    Parking
    • Parking features: Shared Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: None
    • Exterior features: None
    • Fencing: None
    Lot
    • Size: 5,009 Square Feet
    • Features: See Remarks
    Details
    • Parcel number: R06108003002000
    • Zoning: R-5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Concrete, See Remarks
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2022

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Winter Park
    HOA
    • Has HOA: No
    • Amenities included: None, See Remarks
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $254/sqft
    • Tax assessed value: $68,400
    • Annual tax amount: $581
    • Date on market: 8/22/2023
    • Cumulative days on market: 43 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Commercial,Cash,Conventional,See Remarks

    Price history

    DateEventPrice
    12/20/2023Listing removed--
    Source: Zillow Rentals Report a problem
    11/30/2023Listed for rent$4,000-5.9%$2/sqft
    Source: Zillow Rentals Report a problem
    11/22/2023Sold$540,000-4.4%$254/sqft
    Source: Hive MLS #100401090 Report a problem
    10/5/2023Pending sale$564,900$265/sqft
    Source: Hive MLS #100401090 Report a problem
    8/22/2023Listed for sale$564,900-1.7%$265/sqft
    Source: Hive MLS #100401090 Report a problem
    6/30/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/10/2023Price change$4,250-15%$2/sqft
    Source: Zillow Rentals Report a problem
    4/28/2023Listed for rent$5,000$2/sqft
    Source: Zillow Rentals Report a problem
    4/27/2023Listing removed--
    Source: Hive MLS #100353984 Report a problem
    3/29/2023Listed for sale$574,900$270/sqft
    Source: Hive MLS #100353984 Report a problem
    2/21/2023Pending sale$574,900$270/sqft
    Source: Hive MLS #100353984 Report a problem
    2/11/2023Price change$574,900-4%$270/sqft
    Source: Hive MLS #100353984 Report a problem
    10/17/2022Listed for sale$599,000+19.8%$281/sqft
    Source: Hive MLS #100353984 Report a problem
    8/1/2022Sold$500,000+5.3%$235/sqft
    Source: Hive MLS #100315873 Report a problem
    3/8/2022Pending sale$475,000$223/sqft
    Source: Hive MLS #100315873 Report a problem
    3/8/2022Listed for sale$475,000$223/sqft
    Source: Hive MLS #100315873 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,154 +1.2%$535,900 +49.6%
    2024$3,116 +3%$358,200
    2023$3,027 +420.6%$358,200 +423.7%
    2022$581 -0.7%$68,400
    2021$585 +270.4%$68,400 +356%
    2020$158 $15,000
    Find assessor info on the county website

    Neighborhood: Winter Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $720,600
    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
    $720,600