1505 Covey Ln
Wilmington, NC 28411
3 bd 3 ba 1,773 sqft Built 1988 Lot 9,583 sqft single_family
Most recent sale
$332,500
Jul 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 12, 2022 | Sold | $332,500 | MLS #100327690 |
| Jun 1, 2022 | Price changed | $339,500 | MLS #100327690 |
| May 23, 2022 | Listed | $350,000 | MLS #100327690 |
| Jul 9, 2018 | Listing removed | $1,700 | NCRCapeFear |
| Jul 1, 2018 | Listing removed | $215,000 | NCRCapeFear |
| Jun 25, 2018 | Listed for rent | $1,700 | NCRCapeFear |
| Jun 25, 2018 | Price changed | $215,000 | MLS #100117299 |
| May 22, 2018 | Listed | $205,000 | MLS #100117299 |
| Aug 1, 2001 | Sold | $120,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $234,700 | $118,000 | $352,700 | $975 |
| 2024 | $234,700 | $118,000 | $352,700 | $1,221 |
| 2023 | $154,300 | $65,400 | $219,700 | $1,215 |
| 2022 | $154,300 | $65,400 | $219,700 | $1,226 |
| 2021 | $154,300 | $65,400 | $219,700 | $1,214 |
| 2020 | $126,300 | $40,000 | $166,300 | $1,051 |
| 2019 | $126,300 | $40,000 | $166,300 | $1,051 |
| 2018 | $126,300 | $40,000 | $166,300 | $1,051 |
| 2017 | $126,300 | $40,000 | $166,300 | $1,076 |
| 2016 | $111,400 | $40,000 | $151,400 | $1,049 |
| 2015 | $111,400 | $40,000 | $151,400 | $975 |
| 2014 | $111,400 | $40,000 | $151,400 | $958 |
| 2013 | $111,400 | $40,000 | $151,400 | $958 |
| 2012 | $111,400 | $40,000 | $151,400 | $958 |
| 2011 | $61,650 | — | $61,650 | $938 |
| 2010 | $144,238 | $31,900 | $176,138 | $925 |
| 2008 | $144,238 | $31,900 | $176,138 | $885 |
| 2007 | $144,238 | $31,900 | $176,138 | $827 |
Property facts
Year built
1988
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,773 sqft
Lot size
9,583 sqft
ZIP code
28411
City
Wilmington
Street
Covey Ln
Coordinates
34.29612, -77.83699
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,394
Gross rental yield
8.64%
Implied cap rate
5.62%
Trend-extrapolated value
—
Frequently asked questions
When did 1505 Covey Ln last sell?
1505 Covey Ln most recently sold on Jul 12, 2022 for $332,500.
What is the current tax assessment for 1505 Covey Ln?
The most recent total assessment for 1505 Covey Ln (year 2025) is $352,700 with $975 in property tax.
How does 1505 Covey Ln's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $332,500.
When was 1505 Covey Ln built?
1505 Covey Ln was built in 1988.
How does 1505 Covey Ln compare to others on Covey Ln?
We track 8 other properties on Covey Ln. Browse the list under "Other properties on Covey Ln" to compare beds, baths, and sale history.
What are the property facts for 1505 Covey Ln?
1505 Covey Ln is a 3 bed, 3 bath, 1,773 sqft, 9,583 sqft lot single_family.
Is 1505 Covey Ln a flip candidate?
No — 1505 Covey Ln does not appear in our flips dataset.
Is 1505 Covey Ln a tax-appeal candidate?
No — 1505 Covey Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.5%
Implied 1-yr
-9.8%
2026 Q3
$609K
2026 Q4
$591.2K
ZIP 28411 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Covey Ln