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For sale
    • $325,000

    518 Thomas Avenue, Wilmington, NC 28405

    3beds
    1,365sqft
    : 
    $1,893/mo
    Get pre-qualified
    Single Family Residence
    Built in 1951
    0.32 Acres Lot
    $-- Zestimate®
    $238/sqft
    $-- HOA

    What's special

    Charming brick ranch on a rare third-acre corner lot, minutes from downtown! Inside, 3 bedrooms and 1 full bath live together on one easy level--no stairs, no wasted square footage, just a layout that works. The primary bedroom, two more bedrooms, living room, dining room, and kitchen all share the same floor, so daily life stays simple. Out back is where this one sets itself apart: a peaceful water feature for quiet mornings, muscadine grape vines growing along the fence line, and a patio with plenty of space to relax or entertain. The oversized corner lot offers room to garden, play, expand, or simply make it your own. An attached one-car garage adds everyday convenience and valuable storage, while no HOA gives you the freedom to personalize the property as you choose. Just minutes from downtown Wilmington, with quick access to ILM, Wrightsville Beach, the Riverwalk, Kennedy Park, and Maides Park. Rare third-acre corner lots like this don't come around often--come see it before someone else does.
    12 days
    |
    799
    |
    60
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Morgan Beatty Group 910-777-2722,

    RE/MAX Essential,

    Shana R Morgan 910-620-0234,

    RE/MAX Essential

    Source: Hive MLS,MLS#: 100589818MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Dining Room, Living Room, Master Bedroom, Bedroom 1, Bedroom 2, Bathroom 1, Laundry
      Primary bedroom
      • Description: 13x11 Level: Down- 1st Floor
      • Level: First
      • Dimensions: 13 x 11
      Bedroom 1
      • Description: 12x11 Level: Down- 1st Floor
      • Level: First
      • Dimensions: 12 x 11
      Bedroom 2
      • Description: 11x11 Level: Down- 1st Floor
      • Level: First
      • Dimensions: 11 x 11
      Dining room
      • Description: 13x9 Level: Down- 1st Floor
      • Level: First
      • Dimensions: 13 x 9
      Kitchen
      • Description: 14x10 Level: Down- 1st Floor
      • Level: First
      • Dimensions: 14 x 10
      Living room
      • Description: 17x13 Level: Down- 1st Floor
      • Level: First
      • Dimensions: 17 x 13
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Gas Cooktop, Refrigerator, Dishwasher
      • Laundry: Laundry Room
      Features
      • Blinds/Shades
      • Flooring: Tile, Wood
      • Basement: None
      Interior area
      • Total structure area: 1,365
      • Total interior livable area: 1,365 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: On Site
      • Attached garage spaces: 1
      Features
      • Levels: One
      • Patio & porch: Patio, Porch
      • Pool features: None
      • Fencing: Chain Link,Back Yard,Vinyl
      • Has view: Yes
      • View description: See Remarks
      • Frontage type: See Remarks
      Lot
      • Size: 0.32 Acres
      • Dimensions: 89 x 99 x 47 x 73 x 122
      • Features: Corner Lot
      Details
      • Parcel number: R04811003003000
      • Zoning: R-10
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Wood Frame
      • Foundation: Crawl Space
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1951

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Princess Place
      HOA
      • Has HOA: No
      Location
      • Region: Wilmington

      Financial & listing details

      • Price per square foot: $238/sqft
      • Tax assessed value: $426,100
      • Annual tax amount: $2,507
      • Date on market: 7/20/2026
      • Cumulative days on market: 12 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,113/mo

        Price history

        DateEventPrice
        7/20/2026Listed for sale$325,000+144.4%$238/sqft
        Source: Hive MLS #100589818 Report a problem
        12/11/2013Sold$133,000-4.2%$97/sqft
        Source: Hive MLS #30482066 Report a problem
        7/15/2013Price change$138,900-2.7%$102/sqft
        Source: Intracoastal Realty Corp. #482066 Report a problem
        9/29/2012Listed for sale$142,800+65.1%$105/sqft
        Source: Intracoastal Realty #482066 Report a problem
        7/24/2012Sold$86,500-13.4%$63/sqft
        Source: Hive MLS #30476869 Report a problem
        6/27/2012Price change$99,900-12.4%$73/sqft
        Source: Homepath #476869 Report a problem
        5/17/2012Price change$114,000$84/sqft
        Source: Homepath #476869 Report a problem
        5/13/2012Listed for sale--
        Source: Homepath #476869 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,508 +44.3%$426,100 +113.4%
        2024$1,737 +3%$199,700
        2023$1,687 -0.6%$199,700
        2022$1,697 -0.7%$199,700
        2021$1,709 -0.6%$199,700 +22.3%
        2020$1,720 $163,300
        2019$1,720 $163,300
        2018$1,720 $163,300
        2017$1,720 +8.7%$163,300 +14.4%
        2016$1,582 +4.6%$142,800
        2015$1,512 +4.4%$142,800
        2014$1,448 $142,800
        2013-- $142,800
        2012-- $142,800 -17.9%
        2011-- $173,995
        2010-- $173,995
        2009-- --
        2008-- --
        2007-- --
        2005-- $90,656
        2004-- $90,656
        2003-- $90,656
        2002-- $90,656
        2001-- $90,656
        2000-- $90,656
        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.
        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.
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        Climate risks

        Neighborhood: Chestnut Height/Princess Place

        Getting around

        27 / 100
        Car-Dependent
        27 / 100
        Some Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Freeman
        • Middle: Holly Shelter
        • 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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