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1511 Grove Ln

Wilmington, NC 28409

3 bd 3 ba 2,520 sqft Built 2020 Lot 10,890 sqft single_family
Most recent sale
$369,000
Jan 8, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2024 Sold $510,000 HiveMLS
Jan 17, 2023 Sold $450,000 HiveMLS
Nov 5, 2022 Price changed $450,000 MLS #100354272
Oct 19, 2022 Listed $475,000 MLS #100354272
Jan 8, 2021 Sold $369,000 MLS #100214936
Nov 30, 2018 Sold $1,615,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $414,400 $115,400 $529,800 $259
2024 $414,400 $115,400 $529,800 $2,044
2023 $297,100 $84,500 $381,600 $2,040
2022 $297,100 $84,500 $381,600 $2,059
2021 $295,800 $84,500 $380,300 $2,082
2020 $40,000 $40,000 $253
2019 $40,000 $40,000 $253
2018 $40,000 $40,000 $61
2017 $40,000 $40,000 $259

Property facts

Year built
2020
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,520 sqft
Lot size
10,890 sqft
ZIP code
28409
City
Wilmington
Street
Grove Ln
Coordinates
34.12291, -77.88256

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
$3,402
Gross rental yield
11.06%
Implied cap rate
7.19%
Trend-extrapolated value

Frequently asked questions

When did 1511 Grove Ln last sell?
1511 Grove Ln most recently sold on Jan 8, 2021 for $369,000.
What is the current tax assessment for 1511 Grove Ln?
The most recent total assessment for 1511 Grove Ln (year 2025) is $529,800 with $259 in property tax.
How does 1511 Grove Ln's assessment compare to its last sale price?
The current assessment is 43.6% above the last sale price of $369,000.
When was 1511 Grove Ln built?
1511 Grove Ln was built in 2020.
How does 1511 Grove Ln compare to others on Grove Ln?
We track 8 other properties on Grove Ln. Browse the list under "Other properties on Grove Ln" to compare beds, baths, and sale history.
What are the property facts for 1511 Grove Ln?
1511 Grove Ln is a 3 bed, 3 bath, 2,520 sqft, 10,890 sqft lot single_family.
Is 1511 Grove Ln a flip candidate?
No — 1511 Grove Ln does not appear in our flips dataset.
Is 1511 Grove Ln a tax-appeal candidate?
No — 1511 Grove Ln 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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