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406 Forest Park Rd

Wilmington, NC 28409

2 bd 2 ba 1,021 sqft Built 1992 condos
Most recent sale
$126,500
Mar 24, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2025 Sold $229,000 HiveMLS
Mar 18, 2025 Price changed $227,900 HiveMLS
Mar 7, 2025 Price changed $229,900 HiveMLS
Feb 19, 2025 Listed $235,000 HiveMLS
Dec 2, 2022 Sold $220,000 HiveMLS
Oct 21, 2022 Listed $220,000 MLS #100354720
Mar 24, 2021 Sold $126,500 MLS #100256716
May 10, 2009 Listing removed $129,900 NCRCapeFear
Mar 5, 2009 Relisted $133,485 MLS #388552
Feb 24, 2009 Listing removed $133,485 NCRCapeFear
Aug 19, 2008 Listed $133,485 MLS #388552

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1992
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,021 sqft
Lot size
ZIP code
28409
City
Wilmington
Street
Forest Park Rd
Coordinates
34.20667, -77.86586

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
$1,378
Gross rental yield
13.07%
Implied cap rate
8.50%
Trend-extrapolated value

Frequently asked questions

When did 406 Forest Park Rd last sell?
406 Forest Park Rd most recently sold on Mar 24, 2021 for $126,500.
What is the current tax assessment for 406 Forest Park Rd?
No tax-assessment history is recorded for this parcel.
When was 406 Forest Park Rd built?
406 Forest Park Rd was built in 1992.
How does 406 Forest Park Rd compare to others on Forest Park Rd?
We track 7 other properties on Forest Park Rd. Browse the list under "Other properties on Forest Park Rd" to compare beds, baths, and sale history.
What are the property facts for 406 Forest Park Rd?
406 Forest Park Rd is a 2 bed, 2 bath, 1,021 sqft condos.
Is 406 Forest Park Rd a flip candidate?
Yes — 406 Forest Park Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 406 Forest Park Rd a tax-appeal candidate?
No — 406 Forest Park 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
+2.3%
Implied 1-yr
+9.3%
2026 Q3
$731.8K
2026 Q4
$746.5K
ZIP 28409 — Median Price History + Forecast

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