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3735 Merestone Dr

Wilmington, NC 28412

2 bd 2 ba 939 sqft Built 1997 Lot 1,307 sqft townhomes
Most recent sale
$232,500
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 11, 2024 Sold $249,000 HiveMLS
Jul 20, 2022 Price changed for rent $1,600 AppfolioUnits
Jul 13, 2022 Price changed for rent $1,700 AppfolioUnits
Jun 21, 2022 Listed for rent $1,800 AppfolioUnits
Jun 3, 2022 Sold $232,500 MLS #100327566
May 13, 2022 Listed $225,000 MLS #100327566
Mar 1, 2005 Sold $91,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $187,300 $62,500 $249,800 $1,153
2024 $187,300 $62,500 $249,800 $1,273
2023 $111,400 $35,000 $146,400 $1,237
2022 $111,400 $35,000 $146,400 $1,244
2021 $111,400 $35,000 $146,400 $1,252
2020 $88,100 $25,000 $113,100 $1,191
2019 $88,100 $25,000 $113,100 $1,191
2018 $88,100 $25,000 $113,100 $1,191
2017 $88,100 $25,000 $113,100 $1,191
2016 $83,900 $25,000 $108,900 $1,206
2015 $83,900 $25,000 $108,900 $1,153
2014 $83,900 $25,000 $108,900 $1,104
2013 $83,900 $25,000 $108,900 $1,093
2012 $83,900 $25,000 $108,900 $1,093
2011 $48,070 $48,070 $1,147
2010 $107,829 $29,500 $137,329 $1,147
2008 $107,829 $29,500 $137,329 $1,078
2007 $107,829 $29,500 $137,329 $988

Property facts

Year built
1997
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
939 sqft
Lot size
1,307 sqft
ZIP code
28412
City
Wilmington
Street
Merestone Dr
Coordinates
34.17358, -77.91433

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
$1,268
Gross rental yield
6.54%
Implied cap rate
4.25%
Trend-extrapolated value

Frequently asked questions

When did 3735 Merestone Dr last sell?
3735 Merestone Dr most recently sold on Jun 3, 2022 for $232,500.
What is the current tax assessment for 3735 Merestone Dr?
The most recent total assessment for 3735 Merestone Dr (year 2025) is $249,800 with $1,153 in property tax.
How does 3735 Merestone Dr's assessment compare to its last sale price?
The current assessment is 7.4% above the last sale price of $232,500.
When was 3735 Merestone Dr built?
3735 Merestone Dr was built in 1997.
How does 3735 Merestone Dr compare to others on Merestone Dr?
We track 8 other properties on Merestone Dr. Browse the list under "Other properties on Merestone Dr" to compare beds, baths, and sale history.
What are the property facts for 3735 Merestone Dr?
3735 Merestone Dr is a 2 bed, 2 bath, 939 sqft, 1,307 sqft lot townhomes.
Is 3735 Merestone Dr a flip candidate?
No — 3735 Merestone Dr does not appear in our flips dataset.
Is 3735 Merestone Dr a tax-appeal candidate?
No — 3735 Merestone Dr 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
+2.0%
Implied 1-yr
+8.0%
2026 Q3
$534.2K
2026 Q4
$543.6K
ZIP 28412 — Median Price History + Forecast

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