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$189,000
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Property Description
A rare opportunity to own a centrally located Wilmington turn-key condo with short-term rental (STR) potential just minutes from UNCW, Wrightsville Beach, and downtown. Both short term or long-term rental possibilities in prime location near UNCW. Added bonus--there is a bus stop at the entrance! Welcome to 522 S. Kerr Avenue, unit 77, an immaculately updated 2-bedroom, 2 full bath condo perfectly positioned just 5 minutes from UNCW, 10 minutes from the airport, and 15 minutes from both Wrightsville Beach and historic downtown's dining & nightlife scene. Move-in ready with sophisticated updates: gleaming hardwood floors, fresh neutral paint, elegant chair-rail molding, brand new kitchen counter tops, modern light fixtures, and beautifully renovated baths featuring custom tile designs, sleek new vanities, and premium fixtures that elevate both style and function. Relax and sip your morning coffee or unwind in the evening on the balcony overlooking tranquil wooded grounds. Perfect for peaceful reading, birdwatching, or quiet reflection. Added bonus--extra storage room on the balcony! Brand new water heater just installed! This community is known for its low HOA dues, ideal for students, professionals, second-home seekers, or investors. Exceptional location: walkable, convenient, and minutes from the university, airport, beaches and downtown hotspots. Investor Alert: income-ready: cash flow analysis available--positioned to capture opportunity income with the upcoming UNCW semester starting in Fall 2026. Added Bonus: no restrictions on short-term rentals (STR), giving you full flexibility to choose weekly, monthly, or semester-based leasing. This condo is more than a home--it's a lifestyle. Whether you're buying for personal use or rental income, this turnkey opportunity is ready to go!
Full Property Details
Full Property Details for 522 S Kerr Ave #Apt 77
General
- Price: $189,000
- HOA FEE: $300/month
- HOA FEE FREQ.: Annually
- Taxes: $811 (2025)
- Status: Active
- Type: Condo
- Source: 2253
- MLS ID: 100542371
- Updated: 5/13/2026
- Added to Site: 27 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Walk-in Closet(s), Ceiling Fan(s), Blinds/Shades, Walk-In Closet(s)
- Appliances: Electric Oven, Electric Cooktop, Washer, Refrigerator, Dryer
- Furnishings: Unfurnished
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Primary Living Area
Additional Information
- Shared Amenities: Roof Maintenance, Maintenance Common Areas, Maintenance Grounds, Maintenance Roads, Maintenance Structure, Management, Master Insure, Pest Control, Sewer, Sidewalks, Street Lights, Trash, Water, Short Term Rental
- Security/Safety: Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Covered, Deck, Porch, Balcony
Parking
- Parking Features: Additional Parking, Assigned
Location
- County: New Hanover
- Subdivision: Candlewyck
- Driving Directions: Traveling east on I-40 into Wilmington NC, continue on US-117 (N. College Rd.) for 3.3 miles. Take a right turn on to Randall Pkwy, go for .6 miles. Turn left on to S. Kerr Ave, go for .3 miles. Turn right in to Candlewyck community. Unit 77 is in the building to right as you are turning a slight left for parking.
School Information
- High School District: New Hanover
- Elementary School: Forest Hills
- Middle School: Williston
- High School: New Hanover
Community
- Association: Yes
- Assoc. Name: Professional Association Management Inc
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Heat Pump
- Heating Type: Heat Pump, Electric
Utilities
- Sewer: County Sewer, Municipal Sewer, Cape Fear Public Utility Authority
- Water: Public
- Utility Description: Cable Available, Sewer Available, Water Available
Structural Information
- Structure Type: Stick Built, See Remarks
- Construction: See Remarks, Wood Siding
- Basement Desc.: Crawl Space
- Roof: Shingle
- Entry Floor Number: 1
- Stories/Levels: 1
- Square Feet: 892
- Year Built: 1988
Lot Features
- Frontage: See Remarks
- Zoning: MD-17
- Fencing (Description): None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $211.88
- Association Fee: $3,600
- Assoc Fee Freq.: Annually
- Assessment Amount: $148,600
- Tax Amount: $811.71
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: ..
- Property ID: R05511-001-016-068
Listed by Keller Williams Innovate-Wilmington, Mariel Gniewoz-Weiss and Keller Williams Innovate-Wilmington, Betsy Mackle
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Price & Sales History for 522 S Kerr Ave #Apt 77
Date
Details
Price
Change
Source
4/17/2026
Listed
$189,000
75.81%
MLS
6/29/2006
Sold
$107,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 522 S Kerr Ave #Apt 77
Year
Property Taxes
Change
Tax Assessment
Change
2025
$875
100%
$148,600
59%
2024
-100%
$93,300
—
2023
$788
-1%
$93,300
—
2021
$798
1%
$93,300
—
2022
$793
-1%
$93,300
84%
2021
$798
49%
$50,700
—
2017
$534
19%
$50,700
25%
2016
$449
-16%
$40,500
-20%
2019
$534
24%
$50,700
25%
2015
$429
4%
$40,500
—
2014
$411
1%
$40,500
—
2013
$407
—
$40,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 522 S Kerr Ave #Apt 77
522 S Kerr Avenue #Apt 77, Wilmington, NC 28403 (MLS# 100542371) is a Condo property with 2 bedrooms and 2 full bathrooms. 522 S Kerr Avenue #Apt 77 is currently listed for $189,000 and was received on April 17, 2026. Want to learn more about 522 S Kerr Avenue #Apt 77? Do you have questions about finding other Condo real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.
