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7012 Fallen Tree Rd

Wilmington, NC 28405

3 bd 2 ba 1,252 sqft Built 1985 Lot 17,860 sqft single_family
Most recent sale
$285,000
Mar 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 25, 2022 Sold $285,000 MLS #100312172
Feb 17, 2022 Listed $269,000 MLS #100312172
Aug 22, 2019 Sold $170,000 MLS #100175093
Jul 12, 2019 Listed $169,000 MLS #100175093
Dec 1, 2002 Sold $107,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $218,600 $129,200 $347,800 $806
2024 $218,600 $129,200 $347,800 $1,176
2023 $137,000 $74,100 $211,100 $1,170
2021 $137,000 $74,100 $211,100 $1,167
2020 $105,000 $32,000 $137,000 $866
2019 $105,000 $32,000 $137,000 $866
2018 $105,000 $32,000 $137,000 $866
2017 $105,000 $32,000 $137,000 $887
2016 $93,300 $32,000 $125,300 $868
2015 $93,300 $32,000 $125,300 $806
2014 $93,300 $32,000 $125,300 $793
2013 $93,300 $32,000 $125,300 $793
2012 $93,300 $32,000 $125,300 $793
2011 $52,600 $52,600 $800
2010 $116,680 $33,600 $150,280 $789
2008 $116,680 $33,600 $150,280 $755
2007 $116,680 $33,600 $150,280 $706

Property facts

Year built
1985
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,252 sqft
Lot size
17,860 sqft
ZIP code
28405
City
Wilmington
Street
Fallen Tree Rd
Coordinates
34.29231, -77.86294

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
$1,690
Gross rental yield
7.12%
Implied cap rate
4.63%
Trend-extrapolated value

Frequently asked questions

When did 7012 Fallen Tree Rd last sell?
7012 Fallen Tree Rd most recently sold on Mar 25, 2022 for $285,000.
What is the current tax assessment for 7012 Fallen Tree Rd?
The most recent total assessment for 7012 Fallen Tree Rd (year 2025) is $347,800 with $806 in property tax.
How does 7012 Fallen Tree Rd's assessment compare to its last sale price?
The current assessment is 22.0% above the last sale price of $285,000.
When was 7012 Fallen Tree Rd built?
7012 Fallen Tree Rd was built in 1985.
How does 7012 Fallen Tree Rd compare to others on Fallen Tree Rd?
We track 8 other properties on Fallen Tree Rd. Browse the list under "Other properties on Fallen Tree Rd" to compare beds, baths, and sale history.
What are the property facts for 7012 Fallen Tree Rd?
7012 Fallen Tree Rd is a 3 bed, 2 bath, 1,252 sqft, 17,860 sqft lot single_family.
Is 7012 Fallen Tree Rd a flip candidate?
No — 7012 Fallen Tree Rd does not appear in our flips dataset.
Is 7012 Fallen Tree Rd a tax-appeal candidate?
Yes — 7012 Fallen Tree Rd 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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