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2516 Down Stream Ln

Wilmington, NC 28401

3 bd 2 ba 1,475 sqft Built 2022 Lot 9,583 sqft single_family
Most recent sale
$332,990
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $332,990 MLS #100314764
Mar 3, 2022 Listed $332,990 MLS #524-52479-524790000-0144
Mar 2, 2022 Listed $332,990 MLS #100314764

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $231,300 $111,700 $343,000 $324
2024 $231,300 $111,700 $343,000 $1,065
2023 $177,600 $61,600 $239,200 $1,061
2022 $61,600 $61,600 $324

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,475 sqft
Lot size
9,583 sqft
ZIP code
28401
City
Wilmington
Street
Down Stream Ln
Coordinates
34.28756, -77.93238

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
$1,991
Gross rental yield
7.17%
Implied cap rate
4.66%
Trend-extrapolated value

Frequently asked questions

When did 2516 Down Stream Ln last sell?
2516 Down Stream Ln most recently sold on Apr 29, 2022 for $332,990.
What is the current tax assessment for 2516 Down Stream Ln?
The most recent total assessment for 2516 Down Stream Ln (year 2025) is $343,000 with $324 in property tax.
How does 2516 Down Stream Ln's assessment compare to its last sale price?
The current assessment is 3.0% above the last sale price of $332,990.
When was 2516 Down Stream Ln built?
2516 Down Stream Ln was built in 2022.
How does 2516 Down Stream Ln compare to others on Down Stream Ln?
We track 8 other properties on Down Stream Ln. Browse the list under "Other properties on Down Stream Ln" to compare beds, baths, and sale history.
What are the property facts for 2516 Down Stream Ln?
2516 Down Stream Ln is a 3 bed, 2 bath, 1,475 sqft, 9,583 sqft lot single_family.
Is 2516 Down Stream Ln a flip candidate?
No — 2516 Down Stream Ln does not appear in our flips dataset.
Is 2516 Down Stream Ln a tax-appeal candidate?
No — 2516 Down Stream Ln 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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