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5617 Garrett Lea Parke

Wilmington, NC 28412

3 bd 3 ba 2,757 sqft Built 2023 Lot 10,454 sqft single_family
Most recent sale
$163,000
Feb 4, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 17, 2023 Sold $684,500 NCRCapeFear
Apr 4, 2023 Price changed $684,500 NCRCapeFear
Feb 17, 2023 Price changed $643,500 NCRCapeFear
Sep 12, 2022 Listed $633,500 MLS #100348919
Feb 4, 2021 Sold $163,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $461,400 $182,800 $644,200 $643
2024 $461,400 $182,800 $644,200 $2,460
2023 $117,500 $117,500 $613
2022 $117,500 $117,500 $619
2021 $117,500 $117,500 $643

Property facts

Year built
2023
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,757 sqft
Lot size
10,454 sqft
ZIP code
28412
City
Wilmington
Street
Garrett Lea Parke
Coordinates
34.13218, -77.90111

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
$978
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5617 Garrett Lea Parke last sell?
5617 Garrett Lea Parke most recently sold on Feb 4, 2021 for $163,000.
What is the current tax assessment for 5617 Garrett Lea Parke?
The most recent total assessment for 5617 Garrett Lea Parke (year 2025) is $644,200 with $643 in property tax.
How does 5617 Garrett Lea Parke's assessment compare to its last sale price?
The current assessment is 295.2% above the last sale price of $163,000.
When was 5617 Garrett Lea Parke built?
5617 Garrett Lea Parke was built in 2023.
How does 5617 Garrett Lea Parke compare to others on Garrett Lea Parke?
We track 6 other properties on Garrett Lea Parke. Browse the list under "Other properties on Garrett Lea Parke" to compare beds, baths, and sale history.
What are the property facts for 5617 Garrett Lea Parke?
5617 Garrett Lea Parke is a 3 bed, 3 bath, 2,757 sqft, 10,454 sqft lot single_family.
Is 5617 Garrett Lea Parke a flip candidate?
No — 5617 Garrett Lea Parke does not appear in our flips dataset.
Is 5617 Garrett Lea Parke a tax-appeal candidate?
No — 5617 Garrett Lea Parke 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
+2.0%
Implied 1-yr
+8.0%
2026 Q3
$534.2K
2026 Q4
$543.6K
ZIP 28412 — Median Price History + Forecast

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