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5318 Park Ave

Wilmington, NC 28403

3 bd 2 ba 1,178 sqft Built 1996 condo
Most recent sale
$169,000
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 7, 2025 Sold $277,000 Public Record
Mar 27, 2025 Price changed $265,000 HiveMLS
Mar 20, 2025 Price changed $275,000 HiveMLS
Mar 11, 2025 Listed $289,000 HiveMLS
Jan 10, 2025 Sold $212,000 Public Record
Apr 22, 2022 Sold $169,000 MLS #100316578
Mar 12, 2022 Listed $169,000 MLS #100316578
Aug 1, 2001 Sold $78,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $226,900 $226,900 $831
2024 $226,900 $226,900 $863
2023 $99,300 $99,300 $839
2022 $99,300 $99,300 $844
2021 $99,300 $99,300 $849
2020 $96,200 $96,200 $1,013
2019 $96,200 $96,200 $1,013
2018 $96,200 $96,200 $1,013
2017 $95,700 $95,700 $1,013
2016 $78,500 $78,500 $870
2015 $78,500 $78,500 $831
2014 $78,500 $78,500 $796
2013 $78,500 $78,500 $788
2012 $78,500 $78,500 $788
2011 $48,520 $48,520 $1,158
2010 $138,624 $138,624 $1,158
2008 $138,624 $138,624 $1,088
2007 $129,960 $129,960 $998

Property facts

Year built
1996
Property type
condo
Stories
1
Beds
3
Baths
2
Living area
1,178 sqft
Lot size
ZIP code
28403
City
Wilmington
Street
Park Ave
Coordinates
34.21000, -77.86213

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
$1,590
Gross rental yield
11.29%
Implied cap rate
7.34%
Trend-extrapolated value

Frequently asked questions

When did 5318 Park Ave last sell?
5318 Park Ave most recently sold on Apr 22, 2022 for $169,000.
What is the current tax assessment for 5318 Park Ave?
The most recent total assessment for 5318 Park Ave (year 2025) is $226,900 with $831 in property tax.
How does 5318 Park Ave's assessment compare to its last sale price?
The current assessment is 34.3% above the last sale price of $169,000.
When was 5318 Park Ave built?
5318 Park Ave was built in 1996.
How does 5318 Park Ave compare to others on Park Ave?
We track 8 other properties on Park Ave. Browse the list under "Other properties on Park Ave" to compare beds, baths, and sale history.
What are the property facts for 5318 Park Ave?
5318 Park Ave is a 3 bed, 2 bath, 1,178 sqft condo.
Is 5318 Park Ave a flip candidate?
Yes — 5318 Park Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5318 Park Ave a tax-appeal candidate?
No — 5318 Park 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
-1.0%
Implied 1-yr
-4.0%
2026 Q3
$513.3K
2026 Q4
$507.8K
ZIP 28403 — Median Price History + Forecast

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