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721 Melba Ct

Wilmington, NC 28405

3 bd 2 ba 1,304 sqft Built 1998 condos
Most recent sale
$201,000
Feb 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 9, 2022 Sold $201,000 MLS #100306561
Jan 5, 2022 Listed $195,000 MLS #100306561

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $232,300 $232,300 $966
2024 $232,300 $232,300 $1,278
2023 $146,900 $146,900 $1,241
2022 $133,300 $133,300 $1,133
2021 $133,300 $133,300 $1,140
2020 $91,300 $91,300 $962
2019 $91,300 $91,300 $962
2018 $91,300 $91,300 $962
2017 $91,300 $91,300 $962
2016 $91,300 $91,300 $1,012
2015 $91,300 $91,300 $967
2014 $91,300 $91,300 $926
2013 $91,300 $91,300 $917
2012 $91,300 $91,300 $917
2011 $49,520 $49,520 $1,182
2010 $141,489 $141,489 $1,182
2008 $141,489 $141,489 $1,111

Property facts

Year built
1998
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
1,304 sqft
Lot size
ZIP code
28405
City
Wilmington
Street
Melba Ct
Coordinates
34.25317, -77.87589

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
$1,760
Gross rental yield
10.51%
Implied cap rate
6.83%
Trend-extrapolated value

Frequently asked questions

When did 721 Melba Ct last sell?
721 Melba Ct most recently sold on Feb 9, 2022 for $201,000.
What is the current tax assessment for 721 Melba Ct?
The most recent total assessment for 721 Melba Ct (year 2025) is $232,300 with $966 in property tax.
How does 721 Melba Ct's assessment compare to its last sale price?
The current assessment is 15.6% above the last sale price of $201,000.
When was 721 Melba Ct built?
721 Melba Ct was built in 1998.
How does 721 Melba Ct compare to others on Melba Ct?
We track 8 other properties on Melba Ct. Browse the list under "Other properties on Melba Ct" to compare beds, baths, and sale history.
What are the property facts for 721 Melba Ct?
721 Melba Ct is a 3 bed, 2 bath, 1,304 sqft condos.
Is 721 Melba Ct a flip candidate?
No — 721 Melba Ct does not appear in our flips dataset.
Is 721 Melba Ct a tax-appeal candidate?
Yes — 721 Melba Ct 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
+3.2%
Implied 1-yr
+12.8%
2026 Q3
$919.5K
2026 Q4
$943.9K
ZIP 28405 — Median Price History + Forecast

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