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402 7th St

Wilmington, NC 28401

4 bd 4 ba 2,425 sqft Built 1903 Lot 2,030 sqft single_family
Most recent sale
$520,000
Aug 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 26, 2022 Sold $520,000 MLS #100335700
Jul 10, 2022 Price changed $529,000 MLS #100335700
Jun 25, 2022 Listed $594,000 MLS #100335700
Jan 19, 2021 Sold $428,000 MLS #100235755
Dec 1, 2020 Relisted $434,900 MLS #100235755
Oct 4, 2020 Listed $423,900 MLS #100235755
Oct 2, 2019 Sold $80,000 MLS #100176114
Jul 18, 2019 Listed $99,900 MLS #100176114
Oct 1, 2015 Listing removed $129,500 NCRCapeFear
Sep 25, 2015 Relisted $129,500 MLS #521821
Sep 11, 2015 Listing removed $129,500 NCRCapeFear
Aug 24, 2015 Price changed $129,500 MLS #521821
Aug 17, 2015 Relisted $137,400 MLS #521821
Aug 8, 2015 Listing removed $137,400 NCRCapeFear
Jul 30, 2015 Price changed $137,400 MLS #521821
Jul 6, 2015 Price changed $144,900 MLS #521821
Jun 25, 2015 Price changed $149,000 MLS #521821
May 19, 2015 Price changed $159,000 MLS #521821
May 4, 2015 Listed $164,900 MLS #521821

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $495,900 $74,300 $570,200 $1,627
2024 $495,900 $74,300 $570,200 $2,189
2023 $208,300 $43,400 $251,700 $2,126
2021 $219,200 $43,400 $262,600 $2,247
2020 $36,700 $34,800 $71,500 $753
2019 $36,700 $34,800 $71,500 $753
2018 $146,700 $34,800 $181,500 $1,912
2017 $146,700 $34,800 $181,500 $1,912
2016 $110,500 $43,200 $153,700 $1,703
2015 $110,500 $43,200 $153,700 $1,628
2014 $110,500 $43,200 $153,700 $1,559
2013 $110,500 $43,200 $153,700 $1,543
2012 $110,500 $43,200 $153,700 $1,543
2011 $53,060 $53,060 $1,267
2010 $124,636 $26,970 $151,606 $1,267
2007 $124,636 $26,970 $151,606 $1,091

Property facts

Year built
1903
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,425 sqft
Lot size
2,030 sqft
ZIP code
28401
City
Wilmington
Street
7th St
Coordinates
34.23082, -77.94028

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
$3,274
Gross rental yield
7.56%
Implied cap rate
4.91%
Trend-extrapolated value

Frequently asked questions

When did 402 7th St last sell?
402 7th St most recently sold on Aug 26, 2022 for $520,000.
What is the current tax assessment for 402 7th St?
The most recent total assessment for 402 7th St (year 2025) is $570,200 with $1,627 in property tax.
How does 402 7th St's assessment compare to its last sale price?
The current assessment is 9.7% above the last sale price of $520,000.
When was 402 7th St built?
402 7th St was built in 1903.
How does 402 7th St compare to others on 7th St?
We track 8 other properties on 7th St. Browse the list under "Other properties on 7th St" to compare beds, baths, and sale history.
What are the property facts for 402 7th St?
402 7th St is a 4 bed, 4 bath, 2,425 sqft, 2,030 sqft lot single_family.
Is 402 7th St a flip candidate?
Yes — 402 7th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 402 7th St a tax-appeal candidate?
No — 402 7th St 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
+0.3%
Implied 1-yr
+1.3%
2026 Q3
$414.1K
2026 Q4
$415.4K
ZIP 28401 — Median Price History + Forecast

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