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221 5th Ave

Wilmington, NC 28401

3 bd 3 ba 2,742 sqft Built 1920 Lot 3,920 sqft single_family
Most recent sale
$649,000
Oct 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 26, 2022 Sold $649,000 MLS #100328763
Jul 1, 2022 Price changed $659,000 MLS #100328763
May 26, 2022 Listed $675,000 MLS #100328763
Aug 4, 2016 Listing removed $549,000 NCRCapeFear
Feb 2, 2016 Listing removed $549,000 NCRCapeFear
Feb 2, 2016 Listed $549,000 MLS #30525297
Jul 15, 2015 Listed $549,000 MLS #525297
Feb 23, 2013 Listing removed $548,000 NCRCapeFear
Jun 28, 2012 Price changed $548,000 MLS #477050
May 21, 2012 Listed $559,000 MLS #477050
Dec 11, 2009 Sold $515,000 Public Record
Oct 1, 2004 Sold $310,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $571,100 $136,900 $708,000 $2,267
2024 $571,100 $136,900 $708,000 $2,296
2023 $216,100 $47,900 $264,000 $2,230
2022 $214,400 $47,900 $262,300 $2,229
2020 $135,300 $67,000 $202,300 $2,131
2019 $135,300 $67,000 $202,300 $2,131
2018 $135,300 $67,000 $202,300 $2,131
2017 $135,300 $67,000 $202,300 $2,131
2016 $147,100 $67,000 $214,100 $2,372
2015 $147,100 $67,000 $214,100 $2,267
2014 $147,100 $67,000 $214,100 $2,171
2013 $147,100 $67,000 $214,100 $2,150
2012 $147,100 $67,000 $214,100 $2,150
2011 $99,380 $99,380 $2,372
2010 $232,776 $51,154 $283,930 $2,372
2009 $233,235 $72,383 $305,618 $2,399
2008 $233,235 $72,383 $305,618 $2,399
2007 $233,235 $72,383 $305,618 $2,200

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,742 sqft
Lot size
3,920 sqft
ZIP code
28401
City
Wilmington
Street
5th Ave
Coordinates
34.23907, -77.94404

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,702
Gross rental yield
6.84%
Implied cap rate
4.45%
Trend-extrapolated value

Frequently asked questions

When did 221 5th Ave last sell?
221 5th Ave most recently sold on Oct 26, 2022 for $649,000.
What is the current tax assessment for 221 5th Ave?
The most recent total assessment for 221 5th Ave (year 2025) is $708,000 with $2,267 in property tax.
How does 221 5th Ave's assessment compare to its last sale price?
The current assessment is 9.1% above the last sale price of $649,000.
When was 221 5th Ave built?
221 5th Ave was built in 1920.
How does 221 5th Ave compare to others on 5th Ave?
We track 8 other properties on 5th Ave. Browse the list under "Other properties on 5th Ave" to compare beds, baths, and sale history.
What are the property facts for 221 5th Ave?
221 5th Ave is a 3 bed, 3 bath, 2,742 sqft, 3,920 sqft lot single_family.
Is 221 5th Ave a flip candidate?
No — 221 5th Ave does not appear in our flips dataset.
Is 221 5th Ave a tax-appeal candidate?
No — 221 5th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.3%
Implied 1-yr
+1.3%
2026 Q3
$414.1K
2026 Q4
$415.4K
ZIP 28401 — Median Price History + Forecast

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