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For sale
  • $365,000

    511 Marstellar Street, Wilmington, NC 28401

    3beds
    799sqft
    : 
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    Single Family Residence
    Built in 1910
    8,712 Square Feet Lot
    $351,900 Zestimate®
    $457/sqft
    $-- HOA

    What's special

    Refinished hardwood floorsBeautifully renovated kitchenPrivate drivewayCharming front porchExterior wood replacementFresh paint throughoutFully fenced backyard
    Investor's dream! Rare opportunity to own both 509 and 511, featuring a beautifully renovated 3-bedroom, 1-bath bungalow plus a detached studio apartment above the garage. With income-producing potential and the ability to subdivide the lot (buyer to verify), this property offers incredible flexibility for investors, owner-occupants, or multigenerational living. Nestled beneath a stunning mature live oak on a .20-acre lot, the main home welcomes you with a charming front porch and private driveway. Inside, you'll find refinished hardwood floors, new tile flooring, a beautifully renovated kitchen and bathroom, brand-new kitchen appliances, and fresh paint throughout. Major updates include a new HVAC system (2023), all new windows and exterior doors, updated interior and exterior lighting, and exterior wood replacement. The detached studio apartment creates an excellent opportunity for rental income, a guest suite, or a private home office. Below, the garage provides ample storage, while the detached backyard shed offers even more space for tools and equipment. The fully fenced backyard is a blank canvas with plenty of room for gardening, entertaining, or creating your own outdoor oasis. Located within walking distance of the South Front District and just minutes from Greenfield Lake, the Cargo District, and historic downtown Wilmington. Enjoy easy access to the 5th Avenue bike route, making it simple to reach Wilmington's restaurants, breweries, shopping, and riverfront attractions. Whether you're expanding your investment portfolio, house hacking, or searching for a property with future development potential, opportunities like this are hard to find.
    11 days
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    331
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    26
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    Zillow last checked:

    Listing updated:

    Listed by:

    Derek Criscitiello 910-545-6009,

    Coldwell Banker Sea Coast Advantage

    Source: Hive MLS,MLS#: 100586361MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Living Room, Bedroom 1, Bedroom 2, Bedroom 3
      Bedroom 1
      • Level: Main
      • Dimensions: 9 x 12
      Bedroom 2
      • Level: Main
      • Dimensions: 9 x 9
      Bedroom 3
      • Level: Main
      • Dimensions: 9 x 9
      Kitchen
      • Level: Main
      • Dimensions: 10 x 12
      Living room
      • Level: Main
      • Dimensions: 12 x 12
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Gas Oven
      • Laundry: In Hall
      Features
      • Master Downstairs, Apt/Suite
      • Flooring: Tile, Hardwood
      • Basement: None
      • Attic: Floored,Pull Down Stairs
      Interior area
      • Total structure area: 799
      • Total interior livable area: 799 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Off Street, Paved
      • Garage spaces: 1
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Patio & porch: Covered, Porch
      • Exterior features: None
      • Fencing: Back Yard,Wood
      • Has view: Yes
      • View description: See Remarks
      • Frontage type: See Remarks
      Lot
      • Size: 8,712 Square Feet
      • Dimensions: 90 x 100
      Details
      • Additional structures: Guest House
      • Parcel number: R05413021002000
      • Zoning: R-5
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding, Wood Frame
      • Foundation: Brick/Mortar, Block
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 1910

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Dawson-Greenfield
      HOA
      • Has HOA: No
      • Amenities included: None
      Location
      • Region: Wilmington

      Financial & listing details

      • Price per square foot: $457/sqft
      • Tax assessed value: $260,100
      • Annual tax amount: $1,530
      • Date on market: 7/3/2026
      • Cumulative days on market: 11 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA

        Estimated market value

        $351,900

        $334,000 - $369,000

        $1,393/mo

        Price history

        DateEventPrice
        7/3/2026Listed for sale$365,000+46%$457/sqft
        Source: Hive MLS #100586361 Report a problem
        3/24/2023Sold$250,000$313/sqft
        Source: Hive MLS #100362584 Report a problem
        2/27/2023Pending sale$250,000$313/sqft
        Source: Hive MLS #100362584 Report a problem
        2/25/2023Listed for sale$250,000$313/sqft
        Source: Hive MLS #100362584 Report a problem
        2/9/2023Pending sale$250,000$313/sqft
        Source: Hive MLS #100362584 Report a problem
        12/24/2022Listed for sale$250,000+363%$313/sqft
        Source: Hive MLS #100362584 Report a problem
        11/12/2004Sold$54,000+107.7%$68/sqft
        Source: Agent Provided Report a problem
        9/24/2003Sold$26,000$33/sqft
        Source: Hive MLS #30319639 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,531 +34.5%$260,100 +98.9%
        2024$1,138 +3%$130,800
        2023$1,105 -0.6%$130,800
        2022$1,112 -0.7%$130,800
        2021$1,119 +36.1%$130,800 +67.5%
        2020$823 $78,100
        2019$823 $78,100
        2018$823 $78,100
        2017$823 -36.6%$78,100 -33.4%
        2016$1,299 +4.6%$117,200
        2015$1,241 +4.4%$117,200
        2014$1,188 $117,200
        2013-- $117,200
        2012-- $117,200 +14.3%
        2011-- $102,538
        2009-- --
        2008-- --
        2007-- --
        2005-- $45,187
        2004-- $45,187
        2003-- $45,187
        2002-- $45,187
        2001-- $45,187
        2000-- $45,187
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Dry Pond/Lake Forest

        Getting around

        71 / 100
        Very Walkable
        36 / 100
        Some Transit
        83 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Forest Hills
        • Middle: Myrtle Grove
        • 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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