402 Mercer Ave
Wilmington, NC 28403
3 bd 1 ba 1,030 sqft Built 1930 Lot 11,326 sqft single_family
Most recent sale
$255,000
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2022 | Sold | $255,000 | MLS #100316115 |
| Mar 10, 2022 | Listed | $220,000 | MLS #100316115 |
| Feb 28, 2020 | Sold | $157,000 | MLS #100199802 |
| Mar 9, 2018 | Sold | $98,000 | MLS #30453496 |
| Jan 18, 2017 | Sold | $108,500 | MLS #30522795 |
| Aug 11, 2015 | Sold | $108,500 | Public Record |
| Aug 10, 2015 | Sold | $108,500 | HiveMLS |
| Aug 10, 2015 | Listed | $112,000 | MLS #30522795 |
| Jul 16, 2015 | Listing removed | $112,000 | NCRCapeFear |
| Jun 10, 2015 | Price changed | $112,000 | MLS #522795 |
| May 22, 2015 | Listed | $114,900 | MLS #522795 |
| Feb 24, 2011 | Sold | $98,000 | Public Record |
| Feb 24, 2011 | Listed | $103,000 | MLS #30453496 |
| Feb 8, 2011 | Listing removed | $103,000 | NCRCapeFear |
| Dec 8, 2010 | Price changed | $103,000 | MLS #453496 |
| Oct 29, 2010 | Price changed | $119,900 | MLS #453496 |
| Aug 26, 2010 | Listed | $124,500 | MLS #453496 |
| Jan 13, 2010 | Sold | $38,500 | Public Record |
| Jan 7, 2010 | Listed | $39,900 | MLS #30440913 |
| Dec 20, 2009 | Listing removed | $39,900 | NCRCapeFear |
| Dec 15, 2009 | Price changed | $39,900 | MLS #440913 |
| Nov 10, 2009 | Listed | $44,999 | MLS #440913 |
| Oct 18, 2009 | Listing removed | $84,900 | NCRCapeFear |
| May 20, 2009 | Listed | $84,900 | MLS #433571 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $188,300 | $87,000 | $275,300 | $1,089 |
| 2024 | $188,300 | $87,000 | $275,300 | $1,372 |
| 2023 | $108,900 | $48,900 | $157,800 | $1,333 |
| 2022 | $108,900 | $48,900 | $157,800 | $1,341 |
| 2021 | $108,900 | $48,900 | $157,800 | $1,350 |
| 2020 | $74,900 | $29,000 | $103,900 | $1,094 |
| 2019 | $74,900 | $29,000 | $103,900 | $1,094 |
| 2018 | $74,900 | $29,000 | $103,900 | $1,094 |
| 2017 | $74,900 | $29,000 | $103,900 | $1,094 |
| 2016 | $77,000 | $25,900 | $102,900 | $1,140 |
| 2015 | $77,000 | $25,900 | $102,900 | $1,089 |
| 2014 | $77,000 | $25,900 | $102,900 | $1,043 |
| 2013 | $77,000 | $25,900 | $102,900 | $1,033 |
| 2012 | $77,000 | $25,900 | $102,900 | $1,033 |
| 2011 | $33,510 | — | $33,510 | $799 |
| 2010 | $75,217 | $19,574 | $94,791 | $791 |
| 2008 | $75,217 | $19,574 | $94,791 | $744 |
| 2007 | $75,217 | $19,574 | $94,791 | $682 |
Property facts
Year built
1930
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,030 sqft
Lot size
11,326 sqft
ZIP code
28403
City
Wilmington
Street
Mercer Ave
Coordinates
34.23296, -77.90618
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,391
Gross rental yield
6.55%
Implied cap rate
4.25%
Trend-extrapolated value
—
Frequently asked questions
When did 402 Mercer Ave last sell?
402 Mercer Ave most recently sold on Apr 29, 2022 for $255,000.
What is the current tax assessment for 402 Mercer Ave?
The most recent total assessment for 402 Mercer Ave (year 2025) is $275,300 with $1,089 in property tax.
How does 402 Mercer Ave's assessment compare to its last sale price?
The current assessment is 8.0% above the last sale price of $255,000.
When was 402 Mercer Ave built?
402 Mercer Ave was built in 1930.
How does 402 Mercer Ave compare to others on Mercer Ave?
We track 8 other properties on Mercer Ave. Browse the list under "Other properties on Mercer Ave" to compare beds, baths, and sale history.
What are the property facts for 402 Mercer Ave?
402 Mercer Ave is a 3 bed, 1 bath, 1,030 sqft, 11,326 sqft lot single_family.
Is 402 Mercer Ave a flip candidate?
Yes — 402 Mercer Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 402 Mercer Ave a tax-appeal candidate?
No — 402 Mercer Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.0%
Implied 1-yr
-4.0%
2026 Q3
$513.3K
2026 Q4
$507.8K
ZIP 28403 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Mercer Ave