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2532 Down Stream Ln

Wilmington, NC 28401

5 bd 3 ba 2,671 sqft Built 2021 Lot 9,583 sqft single_family
Most recent sale
$431,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 6, 2022 Sold $431,000 Public Record
May 27, 2022 Sold $431,000 MLS #100315695
May 9, 2022 Relisted $431,000 MLS #524-52479-524790000-0140
May 2, 2022 Listed $431,000 MLS #524-52479-524790000-0140
Apr 6, 2022 Price changed $431,000 MLS #524-52479-524790000-0140
Mar 11, 2022 Listed $422,740 MLS #524-52479-524790000-0140
Mar 7, 2022 Listed $422,740 MLS #100315695

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $278,300 $112,900 $391,200 $328
2024 $278,300 $112,900 $391,200 $1,721
2023 $257,500 $62,300 $319,800 $1,717
2022 $62,300 $62,300 $328

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,671 sqft
Lot size
9,583 sqft
ZIP code
28401
City
Wilmington
Street
Down Stream Ln
Coordinates
34.28836, -77.93262

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
$3,606
Gross rental yield
10.04%
Implied cap rate
6.53%
Trend-extrapolated value

Frequently asked questions

When did 2532 Down Stream Ln last sell?
2532 Down Stream Ln most recently sold on May 27, 2022 for $431,000.
What is the current tax assessment for 2532 Down Stream Ln?
The most recent total assessment for 2532 Down Stream Ln (year 2025) is $391,200 with $328 in property tax.
How does 2532 Down Stream Ln's assessment compare to its last sale price?
The current assessment is 9.2% below the last sale price of $431,000.
When was 2532 Down Stream Ln built?
2532 Down Stream Ln was built in 2021.
How does 2532 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 2532 Down Stream Ln?
2532 Down Stream Ln is a 5 bed, 3 bath, 2,671 sqft, 9,583 sqft lot single_family.
Is 2532 Down Stream Ln a flip candidate?
No — 2532 Down Stream Ln does not appear in our flips dataset.
Is 2532 Down Stream Ln a tax-appeal candidate?
No — 2532 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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