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602 Governors Rd

Wilmington, NC 28411

3 bd 2 ba 1,325 sqft Built 1973 Lot 10,454 sqft single_family
Most recent sale
$250,000
Sep 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 14, 2022 Sold $250,000 MLS #100337815
Aug 9, 2022 Price changed $255,000 MLS #100337815
Aug 1, 2022 Price changed $265,000 MLS #100337815
Jul 28, 2022 Listed $273,500 MLS #100337815
Nov 1, 1973 Sold $24,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $176,400 $114,300 $290,700 $720
2024 $176,400 $114,300 $290,700 $993
2023 $112,800 $63,200 $176,000 $987
2021 $112,800 $63,200 $176,000 $365
2020 $86,900 $32,000 $118,900 $752
2019 $86,900 $32,000 $118,900 $752
2018 $86,900 $32,000 $118,900 $752
2017 $86,900 $32,000 $118,900 $770
2016 $79,900 $32,000 $111,900 $775
2015 $79,900 $32,000 $111,900 $721
2014 $79,900 $32,000 $111,900 $708
2013 $79,900 $32,000 $111,900 $708
2012 $79,900 $32,000 $111,900 $708
2011 $43,490 $43,490 $662
2010 $97,251 $27,000 $124,251 $653
2008 $97,251 $27,000 $124,251 $624
2007 $97,251 $27,000 $124,251 $583

Property facts

Year built
1973
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,325 sqft
Lot size
10,454 sqft
ZIP code
28411
City
Wilmington
Street
Governors Rd
Coordinates
34.28090, -77.85101

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
$1,789
Gross rental yield
8.59%
Implied cap rate
5.58%
Trend-extrapolated value

Frequently asked questions

When did 602 Governors Rd last sell?
602 Governors Rd most recently sold on Sep 14, 2022 for $250,000.
What is the current tax assessment for 602 Governors Rd?
The most recent total assessment for 602 Governors Rd (year 2025) is $290,700 with $720 in property tax.
How does 602 Governors Rd's assessment compare to its last sale price?
The current assessment is 16.3% above the last sale price of $250,000.
When was 602 Governors Rd built?
602 Governors Rd was built in 1973.
How does 602 Governors Rd compare to others on Governors Rd?
We track 8 other properties on Governors Rd. Browse the list under "Other properties on Governors Rd" to compare beds, baths, and sale history.
What are the property facts for 602 Governors Rd?
602 Governors Rd is a 3 bed, 2 bath, 1,325 sqft, 10,454 sqft lot single_family.
Is 602 Governors Rd a flip candidate?
No — 602 Governors Rd does not appear in our flips dataset.
Is 602 Governors Rd a tax-appeal candidate?
Yes — 602 Governors 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
-2.5%
Implied 1-yr
-9.8%
2026 Q3
$609K
2026 Q4
$591.2K
ZIP 28411 — Median Price History + Forecast

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