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501 Minnow Way

Wilmington, NC 28405

3 bd 2 ba 1,367 sqft Built 2005 Lot 1,045 sqft townhomes
Most recent sale
$245,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2022 Sold $245,000 MLS #100337364
Jul 6, 2022 Listed $235,000 MLS #100337364
May 16, 2017 Sold $153,000 MLS #30344582
May 11, 2005 Sold $153,000 Public Record
May 10, 2005 Listed $153,000 MLS #30344582

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $215,000 $50,000 $265,000 $1,360
2024 $215,000 $50,000 $265,000 $1,358
2023 $107,300 $48,800 $156,100 $1,319
2021 $107,300 $48,800 $156,100 $1,335
2020 $91,100 $22,000 $113,100 $1,191
2019 $91,100 $22,000 $113,100 $1,191
2018 $91,100 $22,000 $113,100 $1,191
2017 $91,100 $22,000 $113,100 $1,191
2016 $102,900 $25,600 $128,500 $1,424
2015 $102,900 $25,600 $128,500 $1,361
2014 $102,900 $25,600 $128,500 $1,303
2013 $102,900 $25,600 $128,500 $1,290
2012 $102,900 $25,600 $128,500 $1,290
2011 $59,930 $59,930 $1,431
2010 $136,435 $34,800 $171,235 $1,431
2008 $136,435 $34,800 $171,235 $1,344
2007 $136,435 $34,800 $171,235 $1,232

Property facts

Year built
2005
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,367 sqft
Lot size
1,045 sqft
ZIP code
28405
City
Wilmington
Street
Minnow Way
Coordinates
34.24934, -77.88707

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
$1,845
Gross rental yield
9.04%
Implied cap rate
5.87%
Trend-extrapolated value

Frequently asked questions

When did 501 Minnow Way last sell?
501 Minnow Way most recently sold on Aug 5, 2022 for $245,000.
What is the current tax assessment for 501 Minnow Way?
The most recent total assessment for 501 Minnow Way (year 2025) is $265,000 with $1,360 in property tax.
How does 501 Minnow Way's assessment compare to its last sale price?
The current assessment is 8.2% above the last sale price of $245,000.
When was 501 Minnow Way built?
501 Minnow Way was built in 2005.
How does 501 Minnow Way compare to others on Minnow Way?
We track 2 other properties on Minnow Way. Browse the list under "Other properties on Minnow Way" to compare beds, baths, and sale history.
What are the property facts for 501 Minnow Way?
501 Minnow Way is a 3 bed, 2 bath, 1,367 sqft, 1,045 sqft lot townhomes.
Is 501 Minnow Way a flip candidate?
No — 501 Minnow Way does not appear in our flips dataset.
Is 501 Minnow Way a tax-appeal candidate?
No — 501 Minnow Way 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
+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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