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1613 Covey Ln

Wilmington, NC 28411

3 bd 2 ba 1,670 sqft Built 1998 Lot 11,326 sqft single_family
Most recent sale
$305,000
Dec 27, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 27, 2021 Sold $305,000 MLS #100300007
Nov 11, 2021 Listed $295,000 MLS #100300007
Oct 10, 2020 Listed for rent $1,675 TenantTurner
May 23, 2018 Sold $200,860 MLS #100106551
Apr 2, 2018 Price changed $203,000 MLS #100106551
Mar 20, 2018 Listed $209,900 MLS #100106551
Mar 9, 2018 Sold $132,500 MLS #30311770
Apr 1, 2003 Sold $132,500 Public Record
Mar 31, 2003 Listed $132,900 MLS #30311770

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $273,700 $116,200 $389,900 $1,074
2024 $273,700 $116,200 $389,900 $1,365
2023 $182,900 $64,300 $247,200 $1,359
2022 $182,900 $64,300 $247,200 $1,371
2021 $182,900 $64,300 $247,200 $1,365
2020 $134,500 $40,000 $174,500 $1,103
2019 $134,500 $40,000 $174,500 $1,103
2018 $134,500 $40,000 $174,500 $1,103
2017 $134,500 $40,000 $174,500 $1,129
2016 $126,900 $40,000 $166,900 $1,156
2015 $126,900 $40,000 $166,900 $1,074
2014 $126,900 $40,000 $166,900 $1,056
2013 $126,900 $40,000 $166,900 $1,056
2012 $126,900 $40,000 $166,900 $1,056
2011 $70,780 $70,780 $1,077
2010 $170,341 $31,900 $202,241 $1,062
2008 $170,341 $31,900 $202,241 $1,016
2007 $170,341 $31,900 $202,241 $950

Property facts

Year built
1998
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,670 sqft
Lot size
11,326 sqft
ZIP code
28411
City
Wilmington
Street
Covey Ln
Coordinates
34.29993, -77.83589

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,255
Gross rental yield
8.87%
Implied cap rate
5.77%
Trend-extrapolated value

Frequently asked questions

When did 1613 Covey Ln last sell?
1613 Covey Ln most recently sold on Dec 27, 2021 for $305,000.
What is the current tax assessment for 1613 Covey Ln?
The most recent total assessment for 1613 Covey Ln (year 2025) is $389,900 with $1,074 in property tax.
How does 1613 Covey Ln's assessment compare to its last sale price?
The current assessment is 27.8% above the last sale price of $305,000.
When was 1613 Covey Ln built?
1613 Covey Ln was built in 1998.
How does 1613 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 1613 Covey Ln?
1613 Covey Ln is a 3 bed, 2 bath, 1,670 sqft, 11,326 sqft lot single_family.
Is 1613 Covey Ln a flip candidate?
Yes — 1613 Covey Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1613 Covey Ln a tax-appeal candidate?
Yes — 1613 Covey Ln 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
-2.5%
Implied 1-yr
-9.8%
2026 Q3
$609K
2026 Q4
$591.2K
ZIP 28411 — Median Price History + Forecast

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