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409 Arbor Way

Wilmington, NC 28409

4 bd 2 ba 2,449 sqft Built 1971 Lot 23,087 sqft single_family
Most recent sale
$435,000
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2022 Sold $435,000 NCRMLS
May 20, 2022 Listed $435,000 NCRCapeFear
Sep 1, 1985 Sold $83,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $302,300 $117,500 $419,800 $2,069
2024 $302,300 $117,500 $419,800 $2,961
2019 $172,600 $55,000 $227,600 $2,397
2018 $172,600 $55,000 $227,600 $2,397
2017 $172,600 $55,000 $227,600 $2,397
2016 $140,400 $55,000 $195,400 $2,165
2015 $140,400 $55,000 $195,400 $2,069
2014 $140,400 $55,000 $195,400 $1,981
2013 $140,400 $55,000 $195,400 $1,961
2012 $140,400 $55,000 $195,400 $1,961
2011 $87,830 $87,830 $2,096
2010 $204,954 $46,000 $250,954 $2,096
2008 $204,954 $46,000 $250,954 $1,969

Property facts

Year built
1971
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,449 sqft
Lot size
23,087 sqft
ZIP code
28409
City
Wilmington
Street
Arbor Way
Coordinates
34.20511, -77.86848

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
$3,306
Gross rental yield
9.12%
Implied cap rate
5.93%
Trend-extrapolated value

Frequently asked questions

When did 409 Arbor Way last sell?
409 Arbor Way most recently sold on Jun 17, 2022 for $435,000.
What is the current tax assessment for 409 Arbor Way?
The most recent total assessment for 409 Arbor Way (year 2025) is $419,800 with $2,069 in property tax.
How does 409 Arbor Way's assessment compare to its last sale price?
The current assessment is 3.5% below the last sale price of $435,000.
When was 409 Arbor Way built?
409 Arbor Way was built in 1971.
How does 409 Arbor Way compare to others on Arbor Way?
We track 2 other properties on Arbor Way. Browse the list under "Other properties on Arbor Way" to compare beds, baths, and sale history.
What are the property facts for 409 Arbor Way?
409 Arbor Way is a 4 bed, 2 bath, 2,449 sqft, 23,087 sqft lot single_family.
Is 409 Arbor Way a flip candidate?
No — 409 Arbor Way does not appear in our flips dataset.
Is 409 Arbor Way a tax-appeal candidate?
No — 409 Arbor Way 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
+2.3%
Implied 1-yr
+9.3%
2026 Q3
$731.8K
2026 Q4
$746.5K
ZIP 28409 — Median Price History + Forecast

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