228 McRae St
Wilmington, NC 28401
2 bd 2 ba 1,188 sqft Built 1914 Lot 1,307 sqft condos
Most recent sale
$260,000
Sep 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 7, 2026 | Sold | $382,000 | HiveMLS |
| Feb 6, 2026 | Relisted | $382,000 | HiveMLS |
| Jan 8, 2026 | Price changed | $382,000 | HiveMLS |
| Dec 4, 2025 | Price changed | $387,000 | HiveMLS |
| Nov 20, 2025 | Price changed | $389,000 | HiveMLS |
| Nov 4, 2025 | Listing removed | $427,900 | HiveMLS |
| Oct 22, 2025 | Price changed | $395,000 | HiveMLS |
| Jun 21, 2025 | Listed | $399,900 | HiveMLS |
| Mar 18, 2024 | Price changed | $458,000 | HiveMLS |
| Mar 6, 2024 | Price changed | $459,000 | HiveMLS |
| Jan 1, 2024 | Price changed | $469,000 | HiveMLS |
| Oct 31, 2023 | Listed | $489,000 | HiveMLS |
| Sep 9, 2022 | Sold | $260,000 | MLS #100329331 |
| Jun 24, 2022 | Price changed | $289,900 | MLS #100329331 |
| May 22, 2022 | Listed | $399,900 | MLS #100329331 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $300,500 | — | $300,500 | $651 |
| 2024 | $300,500 | — | $300,500 | $2,121 |
| 2023 | $217,300 | — | $217,300 | $1,836 |
| 2021 | $217,300 | — | $217,300 | $929 |
| 2020 | $184,900 | — | $184,900 | $974 |
| 2019 | $184,900 | — | $184,900 | $974 |
| 2018 | $184,900 | — | $184,900 | $974 |
| 2017 | $184,900 | — | $184,900 | $974 |
| 2016 | $123,000 | — | $123,000 | $681 |
| 2015 | $123,000 | — | $123,000 | $651 |
| 2014 | $123,000 | — | $123,000 | $624 |
| 2013 | $123,000 | — | $123,000 | $617 |
| 2012 | $123,000 | — | $123,000 | $617 |
| 2011 | $54,900 | — | $54,900 | $655 |
| 2010 | $156,850 | — | $156,850 | $590 |
| 2008 | $156,850 | — | $156,850 | $552 |
| 2007 | $156,850 | — | $156,850 | $505 |
Property facts
Year built
1914
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,188 sqft
Lot size
1,307 sqft
ZIP code
28401
City
Wilmington
Street
McRae St
Coordinates
34.23926, -77.93984
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,604
Gross rental yield
7.40%
Implied cap rate
4.81%
Trend-extrapolated value
—
Frequently asked questions
When did 228 McRae St last sell?
228 McRae St most recently sold on Sep 9, 2022 for $260,000.
What is the current tax assessment for 228 McRae St?
The most recent total assessment for 228 McRae St (year 2025) is $300,500 with $651 in property tax.
How does 228 McRae St's assessment compare to its last sale price?
The current assessment is 15.6% above the last sale price of $260,000.
When was 228 McRae St built?
228 McRae St was built in 1914.
How does 228 McRae St compare to others on McRae St?
We track 8 other properties on McRae St. Browse the list under "Other properties on McRae St" to compare beds, baths, and sale history.
What are the property facts for 228 McRae St?
228 McRae St is a 2 bed, 2 bath, 1,188 sqft, 1,307 sqft lot condos.
Is 228 McRae St a flip candidate?
No — 228 McRae St does not appear in our flips dataset.
Is 228 McRae St a tax-appeal candidate?
No — 228 McRae St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.3%
Implied 1-yr
+1.3%
2026 Q3
$414.1K
2026 Q4
$415.4K
ZIP 28401 — Median Price History + Forecast
Explore nearby
Geography
Other properties on McRae St