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304 Fair Lakes Dr

Wilmington, NC 28405

5 bd 5 ba 4,743 sqft Built 2006 Lot 40,075 sqft single_family
Most recent sale
$1,585,000
Aug 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 25, 2022 Sold $1,585,000 MLS #100336617
Jul 1, 2022 Listed $1,640,000 MLS #100336617
Jul 14, 2017 Sold $930,000 MLS #100038985
May 16, 2017 Sold $1,225,000 MLS #30473594
Mar 22, 2017 Price changed $995,000 MLS #100038985
Dec 2, 2016 Listed $1,095,000 MLS #100038985
Jun 30, 2016 Listing removed $1,195,000 NCRCapeFear
Feb 2, 2016 Listed $1,195,000 MLS #30531926
Feb 2, 2016 Listing removed $1,195,000 NCRCapeFear
Jan 7, 2016 Listed $1,195,000 MLS #531926
Dec 3, 2015 Listing removed $1,295,000 NCRCapeFear
Sep 7, 2015 Price changed $1,295,000 MLS #523289
Jul 20, 2015 Price changed $1,325,000 MLS #523289
Jun 3, 2015 Listed $1,350,000 MLS #523289
Apr 19, 2012 Listed $1,275,000 MLS #30473594
Apr 19, 2012 Sold $1,225,000 Public Record
Jun 21, 2011 Listing removed $1,275,000 NCRCapeFear
Apr 22, 2011 Price changed $1,275,000 MLS #453314
Nov 18, 2010 Relisted $1,295,000 MLS #453314
Sep 18, 2010 Listing removed $1,295,000 NCRCapeFear
Aug 23, 2010 Listed $1,295,000 MLS #453314
Jun 1, 2010 Listed $1,490,000 MLS #30436073
Jun 1, 2010 Sold $1,150,000 Public Record
Apr 1, 2004 Sold $103,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,507,800 $495,600 $2,003,400 $11,680
2024 $1,507,800 $495,600 $2,003,400 $11,093
2021 $1,021,000 $239,800 $1,260,800 $10,789
2020 $961,300 $241,500 $1,202,800 $12,670
2019 $961,300 $241,500 $1,202,800 $12,670
2018 $961,300 $241,500 $1,202,800 $12,670
2017 $961,300 $241,500 $1,202,800 $12,670
2016 $937,600 $165,400 $1,103,000 $12,221
2015 $937,600 $165,400 $1,103,000 $11,681
2014 $937,600 $165,400 $1,103,000 $11,184
2013 $937,600 $165,400 $1,103,000 $11,074
2012 $937,600 $165,400 $1,103,000 $11,074
2011 $319,830 $319,830 $7,635
2010 $663,792 $250,000 $913,792 $7,635
2007 $663,792 $250,000 $913,792 $6,579

Property facts

Year built
2006
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
4,743 sqft
Lot size
40,075 sqft
ZIP code
28405
City
Wilmington
Street
Fair Lakes Dr
Coordinates
34.25196, -77.81880

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
$6,403
Gross rental yield
4.85%
Implied cap rate
3.15%
Trend-extrapolated value

Frequently asked questions

When did 304 Fair Lakes Dr last sell?
304 Fair Lakes Dr most recently sold on Aug 25, 2022 for $1,585,000.
What is the current tax assessment for 304 Fair Lakes Dr?
The most recent total assessment for 304 Fair Lakes Dr (year 2025) is $2,003,400 with $11,680 in property tax.
How does 304 Fair Lakes Dr's assessment compare to its last sale price?
The current assessment is 26.4% above the last sale price of $1,585,000.
When was 304 Fair Lakes Dr built?
304 Fair Lakes Dr was built in 2006.
How does 304 Fair Lakes Dr compare to others on Fair Lakes Dr?
We track 6 other properties on Fair Lakes Dr. Browse the list under "Other properties on Fair Lakes Dr" to compare beds, baths, and sale history.
What are the property facts for 304 Fair Lakes Dr?
304 Fair Lakes Dr is a 5 bed, 5 bath, 4,743 sqft, 40,075 sqft lot single_family.
Is 304 Fair Lakes Dr a flip candidate?
No — 304 Fair Lakes Dr does not appear in our flips dataset.
Is 304 Fair Lakes Dr a tax-appeal candidate?
Yes — 304 Fair Lakes Dr 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
+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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