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5000 Folklore Way; Wilmington, NC Property Details

5000 Folklore Way, Wilmington, NC is a Single Family that was built in 2023. This property is currently Cash Purchase,New Construction and is not for sale. Our records show that 5000 Folklore Way has 4 bedrooms, and 3.5 bathrooms, and a total of 2,991 square feet. The lot size of 5000 Folklore Way is 9,583 square feet.

Off market
5000 Folklore Way Wilmington, NC 28412
$700,490 Listing Price
4 Beds
3.5 Baths
2,991 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2023
  • Purchase Price: $199,500
  • Est. Equity / %: $765,000 / 100%
  • Gross Yield: 7.103%
  • APN: R07000-007-581-000
  • Situs County: New Hanover
  • Length Of Ownership: 3 years, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Stories: 1.5
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: B-
  • Porch Type: Open

Measurements

  • Total: 2,991/SqFt
  • Lot: 9,583/SqFt
  • Garage: 565/SqFt
  • Living: 2,991/SqFt
  • Building: 2,991/SqFt
  • Ground: 2,222/SqFt
  • Price Per Square Foot: $66.70

Legal Description

  • Description: LOT 551 RIVERLIGHTS SINGLE FAMILY PH V/VI SEC VI
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New Hanover County Schools
  • Lat / Lon: 34.141174 / -77.93194
  • Property Class: Residential
  • Zoning: R-7,RESIDE
  • County Use Code: 10

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 3624
  • Bathroom Fixtures: 15
  • Cooling: Central
  • Garage: Garage
  • Heating: Heat Pump
  • Parking: 1

Ownership Info

5000 Folklore Way has no associated ownership info
5000 Folklore Way has no associated ownership info.

Taxes

5000 Folklore Way has 8 associated Taxes items

5000 Folklore Way, Wilmington, NC pays taxes in New Hanover County, NC. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $729,300. The APN we've located for 5000 Folklore Way is R07000-007-581-000.

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Taxes
  • Assessed Value:  $729,300
  • Assessed Year:  2026
  • Assessed County:  New Hanover
  • APN:  R07000-007-581-000
  • Assessed Land Value:  207400
  • Market Land Value:  207400
  • Market Value:  729300
  • Market Year:  2026

Tax History

5000 Folklore Way has 3 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $729,300 Land Value $207,400 Improvement Value $521,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $729,300 Land Value $207,400 Improvement Value $521,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $219,300 Land Value $114,100 Improvement Value $105,200 Tax Amount $953.97 Change Rate Assessed CR Tax Rate +0.00435%