#100488115, Listing Office: Better Homes and Gardens Real Estate Treasure III
402 S 5th Ave Wilmington, NC 28401
Property details
About 402 S 5th Ave
Charm, Charm, Charm!Step into the timeless beauty of this charming downtown Wilmington home, where historic elegance meets modern comfort. As you approach, the spacious front covered porch welcomes you with its classic appeal and a distinguished historic plaque. Once inside, you'll be captivated by the grand foyer, featuring original ornate wainscoting and a beautifully preserved staircase -- a true testament to the home's 1903 craftsmanship.Known as the A.M. Wilson House and celebrated as a designated local landmark by the Historic Wilmington Foundation, this residence is most famously associated with Dolly Humphrey Pearson, whose legacy lives on in the memorial across South Fifth Avenue, honoring her beloved gardens.This home offers three inviting bedrooms, including a convenient downstairs bedroom, perfect for guests or versatile living arrangements. The newly remodeled kitchen is a chef's delight, complete with a spacious pantry and modern finishes that complement the home's historic charm.Relax and enjoy your morning coffee on one of the three covered porches or retreat to the tranquil backyard gazebo, surrounded by mature landscaping. With its unbeatable location, you're just a short stroll from the vibrant shopping, dining, entertainment, and nightlife of Downtown Wilmington.Great Opportunity: With its undeniable character and prime location, this property offers massive Airbnb and rental potential for those seeking a lucrative investment or the perfect vacation rental.Experience the allure of this historic gem -- schedule your private showing today!
Highlights
Summary
- MLS Number: 100497142
- Office Name: Bryant Real Estate
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Last updated on: 4/16/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$480,000
402 S 5th Ave
$5,700
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 07, 2021 | Home Sold | $240,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $233,600 | $986 |
2022 | $233,600 | $992 |
2021 | $233,600 | $999 |
2020 | $225,100 | $1,185 |
2019 | $225,100 | $1,185 |
2018 | $225,100 | $1,185 |
2017 | $225,100 | $996 |
History based on county public records data.
Nearby schools
5
Douglass Academy
Public Charter KG-5
0.8 mi
•507 N 6th St
3
Annie H Snipes Academy of Arts & Design
Public Magnet KG-5
1.4 mi
•2150 Chestnut St
5
Sunset Park Elementary School
Public District KG-5
1.6 mi
•613 Alabama Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,211. Typical income of Wilmington, NC residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 402 S 5th Ave
This home is located at 402 S 5th Ave in Wilmington, NC and zip code 28401 in the Old Wilmington neighborhood. This 1,576 square foot home, which was built in 1903, sits on a 0.05 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $480,000.
Wilmington, NC housing market in March 2025 saw over 31 listings sold above listed price, more than 58 sold at listed price and over 159 sold below. The number of listings in Wilmington, NC increased by 14.6% between February and March 2025. Listings spent 50 days on the market in March 2025, and had a median list price of $439,251 during the same period.