$455,000

502 Thomas Ave Wilmington, NC 28405

$5,403
Closing credit¹
3 beds
1 full, 1 partial
1,842 sqft
0.2 acres
$247 / sqft
House

Property details

About 502 Thomas Ave

Step inside this inviting home that boasts a bright and spacious layout, featuring three bedrooms and one and a half bathrooms. With a new roof (2024) and HVAC system (2025), along with brand-new LVP flooring throughout, this property has so much to offer! The charming living room seamlessly connects to the formal dining and a separate family/game room complete with a bar--ideal for entertaining or enjoying cozy evenings at home. The updated kitchen shines with new cabinets, countertops, sink, faucet and appliances. Both the full and half bathrooms have been refreshed with new vanities, light fixtures, and stylish tile, including a tub in the full bathroom.The private, fenced backyard features a large wooden deck, perfect for grilling and hosting gatherings. A double gate and side driveway at the back of the fence for parking extra vehicles or a boat! Whether you're a first-time buyer, a growing family, or an investor, 502 Thomas Ave truly meets all your needs.Don't miss out on the chance to own a slice of Wilmington charm--schedule your private tour today!

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingCentral Air
Size1,842 sqft
Lot size0.23 Acres
Year built1951
ParkingOff Street, On Street
MLS #100500298
Fireplace2

Summary

  • MLS Number: 100500298
  • Office Name: HAVEN Realty Co.

IDX Copyright 2025 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 6:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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ranch-style house with a chimney, a front lawn, fence, and stucco siding

$455,000

502 Thomas Ave

$5,403

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 03, 2005
Home Sold
$227,500

Tax history

YearAssessmentProperty Tax
2023$234,600$1,982
2022$234,600$1,994
2021$234,600$2,007
2020$173,200$1,824
2019$173,200$1,824
2018$173,200$1,824
2017$173,200$1,776

History based on county public records data.

Nearby schools

2

Rachel Freeman School of Engineering

Public Magnet KG-5

0.3 mi

2601 Princess Place Dr

3

Annie H Snipes Academy of Arts & Design

Public Magnet KG-5

0.4 mi

2150 Chestnut St

2

Forest Hills Global Elementary School

Public District KG-5

1.0 mi

602 Colonial Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $40,000. Typical income of Wilmington, NC residents is less than $<35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

46%
<35k
37%
35k-100k
18%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

55%
Single, No Kids
9%
Single, with Kids
23%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
4%
12-17 yrs old
34%
18-34 yrs old
40%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • College BasketballCollege Basketball
  • Extreme SportsExtreme Sports
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • DillardsDillards
  • Sam's ClubSam's Club
  • Books-a-MillionBooks-a-Million

Where do the neighbors go to eat?

  • Logan's RoadhouseLogan's Roadhouse
  • White CastleWhite Castle
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • HyundaiHyundai
  • OldsmobileOldsmobile
  • ToyotaToyota

What do the neighbors listen to?

  • RockRock
  • Adult HitsAdult Hits
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 502 Thomas Ave

This home is located at 502 Thomas Ave in Wilmington, NC and zip code 28405 in the Princess Place neighborhood. This 1,842 square foot home, which was built in 1951, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $455,000.

In March 2025, from all listings sold in Wilmington, NC there were more than 31 sold above asking price, over 159 sold below and more than 58 were sold right at the asked price. The inventory of homes for sale in Wilmington, NC between February and March 2025 increased by 14.6%. While the average time on the market in March 2025 was 50 days, the median list price was $439,251.

From Rocket Homes Real Estate and based on county public records data.

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