This stunning historic home has undergone a top-to-bottom renovation, seamlessly blending modern updates with timeless charm. From the restored exterior to the beautifully reimagined interior, every detail has been thoughtfully designed. The open-concept floor plan features soaring 9-foot ceilings, abundant natural light, and meticulously restored moldings that reflect the home's rich character.
Located in the heart of Historic Downtown Wilmington, this property is just steps from the Castle Street Antique & Arts District, where you'll find an array of trendy cafés, restaurants, and unique shops. It's also just five blocks from the Cape Fear River and boat launch area, offering easy access to scenic waterfront strolls and outdoor activities.
A rare bonus in the historic district, this home includes off-street parking and a separately deeded lot that backs up to Prices Alley—providing endless possibilities for expansion, a garden retreat, or investment potential.
Sold for $544,900
$544,900
509 S 5th Avenue, Wilmington, NC 28401
3beds
1,762sqft
Single Family Residence
Built in 1923
3,049 Square Feet Lot
$616,900 Zestimate®
$309/sqft
$2,248 Estimated rent
Home value
$616,900
$561,000 - $685,000
$2,248/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Denise L Dakoulis 910-790-1952,
Sky's the Limit Realty
Bought with:
Kennan J Espy, 302677
Momentum Companies Inc.
Source: Hive MLS,MLS#: 100487987
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Laundry, Other
Primary bedroom
- Level: Second
- Dimensions: 14 x 12.5
Bedroom 2
- Level: Second
- Dimensions: 14 x 12.5
Bedroom 3
- Level: Second
- Dimensions: 13 x 12.5
Dining room
- Level: First
- Dimensions: 11 x 12.3
Kitchen
- Level: First
- Dimensions: 14 x 12
Laundry
- Level: First
- Dimensions: 10 x 7
Living room
- Level: First
- Dimensions: 17.3 x 12.3
Other
- Description: Foyer
- Level: First
- Dimensions: 7 x 6
Other
- Description: Flex Area/Office
- Level: First
- Dimensions: 12 x 8
Heating
- Heat Pump, Electric
Cooling
- Central Air, Heat Pump
Appliances
- Included: Electric Oven, Built-In Microwave, Refrigerator, Dishwasher
- Laundry: Laundry Room
Features
- High Ceilings, Solid Surface, Ceiling Fan(s), Pantry
- Flooring: LVT/LVP
- Attic: Pull Down Stairs
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,762
- Total interior livable area: 1,762 sqft
Property
Parking
- Parking features: On Street, Off Street, On Site, Unpaved
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch
- Fencing: Partial,Wood
Lot
- Size: 3,049 Square Feet
- Dimensions: 28.5 x 108 and BACK LOT: 30 x 42
Details
- Parcel number: R05409005002000
- Zoning: HD-R; Lot: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Historic District
- Property subtype: Single Family Residence
Materials
- Fiber Cement
- Foundation: Crawl Space
- Roof: Metal
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Security: Security System, Smoke Detector(s)
- Subdivision: Historic District
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $309/sqft
- Tax assessed value: $144,500
- Annual tax amount: $1,257
- Date on market: 2/18/2025
- Cumulative days on market: 257 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Sold | $544,900-2.7%$309/sqft |
Source:  Hive MLS #100487987 Report a problem | ||
| 10/23/2025 | Contingent | $559,900$318/sqft |
Source: Hive MLS #100487987 Report a problem | ||
| 9/22/2025 | Price change | $559,900-0.9%$318/sqft |
Source: Hive MLS #100487987 Report a problem | ||
| 8/6/2025 | Price change | $564,900-1.7%$321/sqft |
Source: Hive MLS #100487987 Report a problem | ||
| 6/19/2025 | Price change | $574,900-1.4%$326/sqft |
Source: Hive MLS #100487987 Report a problem | ||
| 5/8/2025 | Price change | $582,900-0.5%$331/sqft |
Source: Hive MLS #100487987 Report a problem | ||
| 4/15/2025 | Price change | $585,900-0.3%$333/sqft |
Source: Hive MLS #100487987 Report a problem | ||
| 2/20/2025 | Listed for sale | $587,900$334/sqft |
Source: Hive MLS #100487987 Report a problem | ||
| 11/5/2024 | Listing removed | $587,900-0.3%$334/sqft |
Source: Hive MLS #100428046 Report a problem | ||
| 10/17/2024 | Price change | $589,900-0.7%$335/sqft |
Source: Hive MLS #100428046 Report a problem | ||
| 9/26/2024 | Price change | $593,900-0.3%$337/sqft |
Source: Hive MLS #100428046 Report a problem | ||
| 9/5/2024 | Price change | $595,900-0.3%$338/sqft |
Source: Hive MLS #100428046 Report a problem | ||
| 8/19/2024 | Price change | $597,900-0.3%$339/sqft |
Source: Hive MLS #100428046 Report a problem | ||
| 6/26/2024 | Price change | $599,900-0.8%$340/sqft |
Source: Hive MLS #100428046 Report a problem | ||
| 2/17/2024 | Listed for sale | $604,900$343/sqft |
Source: Hive MLS #100428046 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,660 +115.8% | $452,000 +219% |
| 2024 | $1,233 -28.3% | $141,700 -30.3% |
| 2023 | $1,719 -0.6% | $203,400 |
| 2022 | $1,729 -0.7% | $203,400 |
| 2021 | $1,741 -33.3% | $203,400 -18% |
| 2020 | $2,611 | $247,900 |
| 2019 | $2,611 | $247,900 |
| 2018 | -- | $247,900 |
| 2017 | -- | $247,900 +48.2% |
| 2016 | $1,854 +4.6% | $167,300 |
| 2015 | $1,772 +4.4% | $167,300 |
| 2014 | $1,696 | $167,300 |
| 2013 | -- | $167,300 |
| 2012 | -- | $167,300 +0.7% |
| 2011 | -- | $166,118 |
| 2010 | -- | $166,118 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $78,088 |
| 2004 | -- | $78,088 |
| 2003 | -- | $78,088 |
| 2002 | -- | $78,088 |
| 2001 | -- | $78,088 |
| 2000 | -- | $78,088 |
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
Schools provided by the listing agent
- Elementary: Snipes
- 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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Estimated market value
$616,900
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
$616,900
- North Carolina
- New Hanover County
- Wilmington
- 28401
- Old Wilmington
- 509 S 5th Avenue
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