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904 Downey Branch Ln

Wilmington, NC 28403

3 bd 3 ba 1,230 sqft Built 2004 Lot 871 sqft townhomes
Most recent sale
$235,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2022 Sold $235,000 MLS #100336887
Jul 8, 2022 Price changed $250,000 MLS #100336887
Jul 1, 2022 Listed $265,000 MLS #100336887
Apr 14, 2021 Sold $165,000 MLS #100263630
Mar 29, 2021 Listed $171,000 MLS #100263630
Jul 24, 2013 Sold $110,000 Public Record
Jul 24, 2013 Listed $116,900 MLS #30489033
Apr 1, 2013 Listed $116,900 MLS #489033
Mar 28, 2013 Listed $116,900 MLS #488959
Jul 14, 2010 Price changed $119,900 MLS #447342
Jun 1, 2010 Price changed $121,900 MLS #447342
Apr 9, 2010 Listed $124,900 MLS #447342
Dec 20, 2007 Sold $145,000 Public Record
Jun 28, 2005 Sold $121,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $201,300 $75,000 $276,300 $835
2024 $201,300 $75,000 $276,300 $1,532
2023 $119,600 $50,000 $169,600 $1,433
2022 $119,600 $50,000 $169,600 $1,441
2021 $116,400 $50,000 $166,400 $1,424
2020 $92,500 $15,000 $107,500 $1,132
2019 $92,500 $15,000 $107,500 $1,132
2018 $92,500 $15,000 $107,500 $1,132
2017 $92,500 $15,000 $107,500 $1,132
2016 $63,900 $15,000 $78,900 $874
2015 $63,900 $15,000 $78,900 $836
2014 $63,900 $15,000 $78,900 $800
2013 $63,900 $15,000 $78,900 $792
2012 $63,900 $15,000 $78,900 $792
2011 $58,470 $58,470 $1,396
2010 $138,563 $28,500 $167,063 $1,396
2008 $138,563 $28,500 $167,063 $1,311
2007 $138,563 $28,500 $167,063 $1,202

Property facts

Year built
2004
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,230 sqft
Lot size
871 sqft
ZIP code
28403
City
Wilmington
Street
Downey Branch Ln
Coordinates
34.22261, -77.89474

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
$1,661
Gross rental yield
8.48%
Implied cap rate
5.51%
Trend-extrapolated value

Frequently asked questions

When did 904 Downey Branch Ln last sell?
904 Downey Branch Ln most recently sold on Aug 19, 2022 for $235,000.
What is the current tax assessment for 904 Downey Branch Ln?
The most recent total assessment for 904 Downey Branch Ln (year 2025) is $276,300 with $835 in property tax.
How does 904 Downey Branch Ln's assessment compare to its last sale price?
The current assessment is 17.6% above the last sale price of $235,000.
When was 904 Downey Branch Ln built?
904 Downey Branch Ln was built in 2004.
How does 904 Downey Branch Ln compare to others on Downey Branch Ln?
We track 8 other properties on Downey Branch Ln. Browse the list under "Other properties on Downey Branch Ln" to compare beds, baths, and sale history.
What are the property facts for 904 Downey Branch Ln?
904 Downey Branch Ln is a 3 bed, 3 bath, 1,230 sqft, 871 sqft lot townhomes.
Is 904 Downey Branch Ln a flip candidate?
Yes — 904 Downey Branch Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 904 Downey Branch Ln a tax-appeal candidate?
Yes — 904 Downey Branch 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
-1.0%
Implied 1-yr
-4.0%
2026 Q3
$513.3K
2026 Q4
$507.8K
ZIP 28403 — Median Price History + Forecast

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