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407 Raleigh Ave

Carolina Beach, NC 28428

3 bd 3 ba 1,529 sqft Built 1938 Lot 12,632 sqft single_family
Most recent sale
$750,000
Dec 8, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 8, 2023 Sold $750,000 NCRMLS
Mar 9, 2018 Sold $176,000 NCRCapeFear
Jun 23, 2017 Sold $246,000 NCRCapeFear
Apr 4, 2017 Price changed $254,000 NCRCapeFear
Oct 20, 2016 Listed $259,000 NCRCapeFear
Aug 1, 2004 Sold $176,000 Public Record
Jul 29, 2004 Listed $179,900 NCRCapeFear

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $345,500 $445,000 $790,500 $1,738
2024 $345,500 $445,000 $790,500 $2,661
2023 $108,500 $280,000 $388,500 $2,583
2022 $108,500 $280,000 $388,500 $2,602
2021 $108,500 $280,000 $388,500 $2,680
2020 $127,400 $116,500 $243,900 $1,951
2019 $127,400 $116,500 $243,900 $1,951
2018 $97,700 $116,500 $214,200 $1,670
2017 $102,800 $116,500 $219,300 $1,743
2016 $90,100 $124,800 $214,900 $1,843
2015 $90,100 $124,800 $214,900 $1,738
2014 $90,100 $124,800 $214,900 $1,695
2013 $90,100 $124,800 $214,900 $1,695
2012 $90,100 $124,800 $214,900 $1,695
2011 $101,140 $101,140 $1,850
2010 $130,565 $158,400 $288,965 $1,850
2008 $130,565 $158,400 $288,965 $1,813
2007 $130,565 $158,400 $288,965 $1,719

Property facts

Year built
1938
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,529 sqft
Lot size
12,632 sqft
ZIP code
28428
City
Carolina Beach
Street
Raleigh Ave
Coordinates
34.03535, -77.89831

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
$4,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 407 Raleigh Ave last sell?
407 Raleigh Ave most recently sold on Dec 8, 2023 for $750,000.
What is the current tax assessment for 407 Raleigh Ave?
The most recent total assessment for 407 Raleigh Ave (year 2025) is $790,500 with $1,738 in property tax.
How does 407 Raleigh Ave's assessment compare to its last sale price?
The current assessment is 5.4% above the last sale price of $750,000.
When was 407 Raleigh Ave built?
407 Raleigh Ave was built in 1938.
How does 407 Raleigh Ave compare to others on Raleigh Ave?
We track 8 other properties on Raleigh Ave. Browse the list under "Other properties on Raleigh Ave" to compare beds, baths, and sale history.
What are the property facts for 407 Raleigh Ave?
407 Raleigh Ave is a 3 bed, 3 bath, 1,529 sqft, 12,632 sqft lot single_family.
Is 407 Raleigh Ave a flip candidate?
No — 407 Raleigh Ave does not appear in our flips dataset.
Is 407 Raleigh Ave a tax-appeal candidate?
No — 407 Raleigh 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
+0.5%
Implied 1-yr
+2.0%
2026 Q3
$699K
2026 Q4
$702.4K
ZIP 28428 — Median Price History + Forecast

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