705 Lorraine Cir
Wilmington, NC 28412
3 bd 2 ba 1,374 sqft Built 1970 Lot 11,761 sqft single_family
Most recent sale
$265,000
Oct 13, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 10, 2024 | Listed | $325,000 | NCRMLS |
| Oct 13, 2021 | Sold | $265,000 | NCRMLS |
| Aug 9, 2021 | Listed | $275,000 | NCRCapeFear |
| Feb 3, 2020 | Sold | $202,900 | NCRMLS |
| Dec 20, 2019 | Listed | $199,900 | NCRCapeFear |
| Mar 9, 2018 | Sold | $118,000 | NCRCapeFear |
| Sep 28, 2012 | Sold | $118,000 | Public Record |
| Sep 28, 2012 | Listed | $124,900 | NCRCapeFear |
| Sep 15, 2012 | Listing removed | $124,900 | NCRCapeFear |
| May 28, 2012 | Price changed | $124,900 | NCRCapeFear |
| Apr 19, 2012 | Price changed | $129,900 | NCRCapeFear |
| Feb 7, 2012 | Listed | $139,000 | NCRCapeFear |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $213,300 | $117,400 | $330,700 | $653 |
| 2024 | $213,300 | $117,400 | $330,700 | $1,075 |
| 2023 | $120,100 | $71,600 | $191,700 | $1,069 |
| 2022 | $118,800 | $71,600 | $190,400 | $1,986 |
| 2021 | $118,800 | $71,600 | $190,400 | $1,054 |
| 2020 | $95,700 | $20,000 | $115,700 | $731 |
| 2019 | $95,700 | $20,000 | $115,700 | $731 |
| 2018 | $95,700 | $20,000 | $115,700 | $731 |
| 2017 | $95,700 | $20,000 | $115,700 | $749 |
| 2016 | $64,300 | $37,200 | $101,500 | $703 |
| 2015 | $64,300 | $37,200 | $101,500 | $653 |
| 2014 | $64,300 | $37,200 | $101,500 | $642 |
| 2013 | $64,300 | $37,200 | $101,500 | $642 |
| 2012 | $64,300 | $37,200 | $101,500 | $642 |
| 2011 | $46,510 | — | $46,510 | $708 |
| 2010 | $102,895 | $30,000 | $132,895 | $698 |
| 2008 | $102,895 | $30,000 | $132,895 | $667 |
| 2007 | $102,895 | $30,000 | $132,895 | $624 |
Property facts
Year built
1970
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,374 sqft
Lot size
11,761 sqft
ZIP code
28412
City
Wilmington
Street
Lorraine Cir
Coordinates
34.14018, -77.91163
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,855
Gross rental yield
8.40%
Implied cap rate
5.46%
Trend-extrapolated value
—
Frequently asked questions
When did 705 Lorraine Cir last sell?
705 Lorraine Cir most recently sold on Oct 13, 2021 for $265,000.
What is the current tax assessment for 705 Lorraine Cir?
The most recent total assessment for 705 Lorraine Cir (year 2025) is $330,700 with $653 in property tax.
How does 705 Lorraine Cir's assessment compare to its last sale price?
The current assessment is 24.8% above the last sale price of $265,000.
When was 705 Lorraine Cir built?
705 Lorraine Cir was built in 1970.
How does 705 Lorraine Cir compare to others on Lorraine Cir?
We track 3 other properties on Lorraine Cir. Browse the list under "Other properties on Lorraine Cir" to compare beds, baths, and sale history.
What are the property facts for 705 Lorraine Cir?
705 Lorraine Cir is a 3 bed, 2 bath, 1,374 sqft, 11,761 sqft lot single_family.
Is 705 Lorraine Cir a flip candidate?
Yes — 705 Lorraine Cir appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 705 Lorraine Cir a tax-appeal candidate?
Yes — 705 Lorraine Cir 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 valuationQuarterly trend
+2.0%
Implied 1-yr
+8.0%
2026 Q3
$534.2K
2026 Q4
$543.6K
ZIP 28412 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lorraine Cir