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For sale
  • $489,000

    507 Commons Way, Wilmington, NC 28409

    4beds
    2,083sqft
    : 
    $2,981/mo
    Get pre-qualified
    Single Family Residence
    Built in 1992
    0.38 Acres Lot
    $472,900 Zestimate®
    $235/sqft
    $-- HOA

    What's special

    Abundant natural lightVaulted ceilingsTwo impressive primary suitesFresh paintEat-in kitchenCompletely fenced backyardLaundry room
    Welcome to this beautifully updated 4-bedroom, 3-bath home in the desirable Masonboro/Midtown area of Wilmington and within the Hoggard School District. Offering well over 2,000 heated square feet, this versatile home features not one, but two impressive primary suites--making it ideal for a variety of living arrangements, guests, multigenerational living, or simply having plenty of private space. The main living level has been thoughtfully remodeled with an open and inviting feel, abundant natural light, fresh paint, new flooring, and a spacious living area highlighted by vaulted ceilings. The eat-in kitchen provides plenty of room for everyday meals and gatherings with family and friends. The first-floor primary suite is a true retreat, featuring a vaulted ceiling, ensuite bath with dual vanities, a walk-in closet, and direct access to the back deck. Two additional generously sized bedrooms, a full bath, and laundry room complete the main level. Upstairs, you'll find an impressive second primary suite offering exceptional privacy and flexibility. This spacious retreat features a large walk-in closet and ensuite bath with dual vanity and tiled walk-in shower. Outside, the possibilities continue. Situated on a .38-acre lot, the completely fenced backyard features a double gate providing easy access for boat storage, recreational vehicles, or all your outdoor toys. A separate 10 x 28 workshop/storage building and 10 x 16 garden shed are ready for hobbies, projects, equipment, or additional storage. The spacious 16 x 16 back deck creates the perfect setting for grilling, entertaining, or relaxing with family and friends while enjoying the privacy of the backyard. With its flexible two-primary-suite floor plan, thoughtful updates, generous fenced lot, workshop, and convenient Masonboro/Midtown location, this home offers the space and versatility today's buyers are looking for--all just minutes from shopping, dining, schools, and Wilmington's beautiful beaches.
    7 days
    1,321
    173

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly S Willis 910-297-1691,

    Berkshire Hathaway HomeServices Carolina Premier Properties

    Source: Hive MLS,MLS#: 100605476MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4
      Primary bedroom
      • Level: First
      • Dimensions: 15 x 15
      Bedroom 2
      • Level: First
      • Dimensions: 12 x 10
      Bedroom 3
      • Level: First
      • Dimensions: 13 x 11
      Bedroom 4
      • Level: Second
      • Dimensions: 17 x 13
      Dining room
      • Level: First
      • Dimensions: 12 x 10
      Kitchen
      • Level: First
      • Dimensions: 12 x 12
      Living room
      • Level: First
      • Dimensions: 19 x 19
      Heating
      • Other, Heat Pump, Electric, Forced Air
      Cooling
      • Other, Central Air, Heat Pump
      Appliances
      • Included: Electric Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Dishwasher, Electric Range
      • Laundry: In Hall
      Features
      • Master Downstairs, Walk-in Closet(s), Vaulted Ceiling(s), Ceiling Fan(s), Pantry, Blinds/Shades, Walk-In Closet(s)
      • Flooring: LVT/LVP
      • Basement: None
      • Attic: Access Only,Storage,Walk-In
      • Has fireplace: Yes
      Interior area
      • Total structure area: 2,083
      • Total interior livable area: 2,083 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Concrete, Off Street
      Features
      • Levels: One and One Half
      • Patio & porch: Rear Porch
      • Fencing: Privacy,Wood
      • Has view: Yes
      • View description: See Remarks
      • Waterfront features: None
      • Frontage type: See Remarks
      Lot
      • Size: 0.38 Acres
      Details
      • Additional structures: Shed(s), Workshop
      • Parcel number: R06619015012000
      • Zoning: R-15
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding, Wood Frame
      • Foundation: Crawl Space
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1992

      Utilities & green energy

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

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $235/sqft
      • Tax assessed value: $403,100
      • Annual tax amount: $2,372
      • Date on market: 9/22/2026
      • Cumulative days on market: 7 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $472,900

        $449,000 - $497,000

        $2,844/mo

        Price history

        DateEventPrice
        9/22/2026Listed for sale$489,000+18.4%$235/sqft
        Source: Hive MLS #100605476 Report a problem
        4/3/2024Sold$413,000-1.4%$198/sqft
        Source: Hive MLS #100412281 Report a problem
        3/6/2024Pending sale$419,000$201/sqft
        Source: Hive MLS #100412281 Report a problem
        1/19/2024Price change$419,000-4.6%$201/sqft
        Source: Hive MLS #100412281 Report a problem
        10/31/2023Listed for sale$439,000+125.1%$211/sqft
        Source: Hive MLS #100412281 Report a problem
        4/15/2010Sold$195,000-4.8%$94/sqft
        Source: Hive MLS #30444195 Report a problem
        2/18/2010Listed for sale$204,900$98/sqft
        Source: Keller Williams Realty #444195 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,372 +9.6%$403,100 +62%
        2024$2,165 +3%$248,800
        2023$2,102 -0.6%$248,800
        2022$2,115 -0.7%$248,800
        2021$2,129 +5.2%$248,800 +29.4%
        2020$2,025 $192,200
        2019$2,025 $192,200
        2018$2,025 $192,200
        2017$2,025 -4.1%$192,200 +0.9%
        2016$2,111 +4.6%$190,500
        2015$2,017 +4.4%$190,500
        2014$1,932 $190,500
        2013-- $190,500 +3.6%
        2012-- $183,900 -8.1%
        2011-- $200,065 0%
        2010-- $200,148
        2009-- --
        2008-- --
        2007-- --
        2005-- $123,761
        2004-- $123,761
        2003-- $123,761
        2002-- $123,761
        2001-- $123,761
        2000-- $123,761
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Milbrook

        Getting around

        7 / 100
        Car-Dependent
        16 / 100
        Minimal Transit
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Holly Tree
        • Middle: Roland Grise
        • High: Hoggard

        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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