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405 Albemarle Rd

Wilmington, NC 28405

4 bd 3 ba 2,280 sqft Built 1991 Lot 13,939 sqft single_family
Most recent sale
$318,500
Dec 6, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 6, 2021 Sold $318,500 MLS #100290266
Oct 28, 2021 Price changed $325,000 MLS #100290266
Oct 7, 2021 Price changed $339,000 MLS #100290266
Sep 11, 2021 Listed $349,000 MLS #100290266
Oct 3, 2005 Sold $219,000 Public Record
Dec 1, 1991 Sold $71,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $285,000 $122,500 $407,500 $1,116
2024 $285,000 $122,500 $407,500 $1,387
2023 $183,000 $68,400 $251,400 $1,381
2022 $169,800 $68,400 $238,200 $1,324
2021 $169,800 $68,400 $238,200 $1,316
2020 $150,300 $41,400 $191,700 $1,212
2019 $150,300 $41,400 $191,700 $1,212
2018 $150,300 $41,400 $191,700 $1,212
2017 $150,300 $41,400 $191,700 $1,241
2016 $131,900 $41,400 $173,300 $1,200
2015 $131,900 $41,400 $173,300 $1,116
2014 $131,900 $41,400 $173,300 $1,096
2013 $131,900 $41,400 $173,300 $1,096
2012 $131,900 $41,400 $173,300 $1,096
2011 $75,200 $75,200 $1,145
2010 $179,384 $35,473 $214,857 $1,129
2008 $179,384 $35,473 $214,857 $1,079
2007 $179,384 $35,473 $214,857 $1,009

Property facts

Year built
1991
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,280 sqft
Lot size
13,939 sqft
ZIP code
28405
City
Wilmington
Street
Albemarle Rd
Coordinates
34.25355, -77.85950

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,078
Gross rental yield
11.60%
Implied cap rate
7.54%
Trend-extrapolated value

Frequently asked questions

When did 405 Albemarle Rd last sell?
405 Albemarle Rd most recently sold on Dec 6, 2021 for $318,500.
What is the current tax assessment for 405 Albemarle Rd?
The most recent total assessment for 405 Albemarle Rd (year 2025) is $407,500 with $1,116 in property tax.
How does 405 Albemarle Rd's assessment compare to its last sale price?
The current assessment is 27.9% above the last sale price of $318,500.
When was 405 Albemarle Rd built?
405 Albemarle Rd was built in 1991.
How does 405 Albemarle Rd compare to others on Albemarle Rd?
We track 8 other properties on Albemarle Rd. Browse the list under "Other properties on Albemarle Rd" to compare beds, baths, and sale history.
What are the property facts for 405 Albemarle Rd?
405 Albemarle Rd is a 4 bed, 3 bath, 2,280 sqft, 13,939 sqft lot single_family.
Is 405 Albemarle Rd a flip candidate?
No — 405 Albemarle Rd does not appear in our flips dataset.
Is 405 Albemarle Rd a tax-appeal candidate?
Yes — 405 Albemarle Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.2%
Implied 1-yr
+12.8%
2026 Q3
$919.5K
2026 Q4
$943.9K
ZIP 28405 — Median Price History + Forecast

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