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502 Thomas Ave; Wilmington, NC Property Details

502 Thomas Ave, Wilmington, NC is a Single Family that was built in 1966. This property is currently a cash purchase and is not for sale. Our records show that 502 Thomas Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 1,989 square feet. The lot size of 502 Thomas Ave is 10,019 square feet.

Off market
502 Thomas Ave Wilmington, NC 28405
$415,000 Listing Price
3 Beds
1.5 Baths
1,989 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1966
  • Purchase Price: $415,000
  • Est. Equity / %: $428,000 / 100%
  • Gross Yield: 6.258%
  • APN: R04815-009-003-000
  • Situs County: New Hanover
  • Length Of Ownership: 1 year, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Stucco
  • Building Condition: Average
  • Building Quality: C
  • Porch Type: Yes
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 1,989/SqFt
  • Lot: 10,019/SqFt
  • Garage: 336/SqFt
  • Living: 1,989/SqFt
  • Basement: 1,966/SqFt
  • Building: 1,989/SqFt
  • Ground: 1,989/SqFt
  • Basement Finished: 1,966/SqFt
  • Price Per Square Foot: $208.65

Legal Description

  • Description: LOT 1 BLK 23 PRINCESS PLACE
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: 34.244965 / -77.918465
  • Subdivision: Princess Place
  • Property Class: Residential
  • Zoning: R-10,RESID
  • County Use Code: 10

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 2844
  • Bathroom Fixtures: 9
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

502 Thomas Ave has no associated ownership info
502 Thomas Ave has no associated ownership info.

Taxes

502 Thomas Ave has 8 associated Taxes items

502 Thomas Ave, 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 $487,800. The APN we've located for 502 Thomas Ave is R04815-009-003-000.

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Taxes
  • Assessed Value:  $487,800
  • Assessed Year:  2026
  • Assessed County:  New Hanover
  • APN:  R04815-009-003-000
  • Assessed Land Value:  113000
  • Market Land Value:  113000
  • Market Value:  487800
  • Market Year:  2026

Tax History

502 Thomas Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $487,800 Land Value $113,000 Improvement Value $374,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $466,600 Land Value $113,000 Improvement Value $353,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $234,600 Land Value $62,400 Improvement Value $172,200 Tax Amount $2,041.02 Change Rate +0.029586% Assessed CR Tax Rate +0.0087%
Year 2023 Assessed Value $234,600 Land Value $62,400 Improvement Value $172,200 Tax Amount $1,982.37 Change Rate -0.005882% Assessed CR Tax Rate +0.00845%
Year 2022 Assessed Value $234,600 Land Value $62,400 Improvement Value $172,200 Tax Amount $1,994.1 Change Rate -0.006779% Assessed CR Tax Rate +0.0085%
Year 2021 Assessed Value $234,600 Land Value $62,400 Improvement Value $172,200 Tax Amount $2,007.71 Change Rate +0.100423% Assessed CR Tax Rate +0.008558%
Year 2020 Assessed Value $173,200 Land Value $37,500 Improvement Value $135,700 Tax Amount $1,824.49 Change Rate Assessed CR Tax Rate +0.010534%
Year 2019 Assessed Value $173,200 Land Value $37,500 Improvement Value $135,700 Tax Amount $1,824.49 Change Rate Assessed CR Tax Rate +0.010534%
Year 2018 Assessed Value $173,200 Land Value $37,500 Improvement Value $135,700 Tax Amount $1,824.49 Change Rate Assessed CR Tax Rate +0.010534%
Year 2017 Assessed Value $173,200 Land Value $37,500 Improvement Value $135,700 Tax Amount $1,824.49 Change Rate +0.027228% Assessed CR Tax Rate +0.010534%
Year 2016 Assessed Value $160,300 Land Value $36,000 Improvement Value $124,300 Tax Amount $1,776.13 Change Rate +0.046272% Assessed CR Tax Rate +0.01108%
Year 2015 Assessed Value $160,300 Land Value $36,000 Improvement Value $124,300 Tax Amount $1,697.58 Change Rate +0.044382% Assessed CR Tax Rate +0.01059%
Year 2014 Assessed Value $160,300 Land Value $36,000 Improvement Value $124,300 Tax Amount $1,625.44 Change Rate Assessed CR Tax Rate +0.01014%