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408 Estate Rd

Wilmington, NC 28405

3 bd 2 ba 1,188 sqft Built 1999 Lot 1,612 sqft townhomes
Most recent sale
$225,000
Jun 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 8, 2022 Sold $225,000 MLS #100329169
May 20, 2022 Listed $230,000 MLS #100329169
Jan 19, 2022 Sold $164,000 Public Record
Mar 9, 2018 Sold $83,900 MLS #30444656
Oct 10, 2017 Sold $130,000 MLS #100075137
Aug 25, 2017 Price changed $129,900 MLS #100075137
Jul 31, 2017 Listed $138,500 MLS #100075137
Mar 27, 2016 Listing removed $83,900 NCRBrunswick
Jun 24, 2010 Listed $89,900 MLS #30444656
Jun 4, 2010 Listing removed $89,900 NCRBrunswick
Jun 1, 2010 Price changed $89,900 MLS #645318
May 2, 2010 Price changed $99,900 MLS #645318
Mar 23, 2010 Price changed $106,900 MLS #645318
Feb 18, 2010 Listed $89,900 MLS #20645318
May 1, 2004 Sold $92,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $181,800 $50,000 $231,800 $1,068
2024 $181,800 $50,000 $231,800 $1,352
2021 $105,500 $50,000 $155,500 $1,330
2020 $79,700 $20,000 $99,700 $1,050
2019 $79,700 $20,000 $99,700 $1,050
2018 $79,700 $20,000 $99,700 $1,050
2017 $79,700 $20,000 $99,700 $1,050
2016 $80,900 $20,000 $100,900 $1,117
2015 $80,900 $20,000 $100,900 $1,068
2014 $80,900 $20,000 $100,900 $1,026
2013 $80,900 $20,000 $100,900 $1,013
2012 $80,900 $20,000 $100,900 $1,013
2011 $45,340 $45,340 $1,082
2010 $110,193 $19,354 $129,547 $1,082
2008 $110,193 $19,354 $129,547 $1,016
2007 $110,193 $19,354 $129,547 $932

Property facts

Year built
1999
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,188 sqft
Lot size
1,612 sqft
ZIP code
28405
City
Wilmington
Street
Estate Rd
Coordinates
34.24684, -77.89512

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
$1,604
Gross rental yield
8.55%
Implied cap rate
5.56%
Trend-extrapolated value

Frequently asked questions

When did 408 Estate Rd last sell?
408 Estate Rd most recently sold on Jun 8, 2022 for $225,000.
What is the current tax assessment for 408 Estate Rd?
The most recent total assessment for 408 Estate Rd (year 2025) is $231,800 with $1,068 in property tax.
How does 408 Estate Rd's assessment compare to its last sale price?
The current assessment is 3.0% above the last sale price of $225,000.
When was 408 Estate Rd built?
408 Estate Rd was built in 1999.
How does 408 Estate Rd compare to others on Estate Rd?
We track 7 other properties on Estate Rd. Browse the list under "Other properties on Estate Rd" to compare beds, baths, and sale history.
What are the property facts for 408 Estate Rd?
408 Estate Rd is a 3 bed, 2 bath, 1,188 sqft, 1,612 sqft lot townhomes.
Is 408 Estate Rd a flip candidate?
Yes — 408 Estate Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 408 Estate Rd a tax-appeal candidate?
No — 408 Estate Rd 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
+3.2%
Implied 1-yr
+12.8%
2026 Q3
$919.5K
2026 Q4
$943.9K
ZIP 28405 — Median Price History + Forecast

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