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515 Motts Forest Rd

Wilmington, NC 28412

4 bd 3 ba 2,151 sqft Built 2021 Lot 6,098 sqft single_family
Most recent sale
$526,325
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 23, 2022 Sold $526,325 MLS #100314038
Mar 14, 2022 Price changed $524,500 MLS #100314038
Feb 25, 2022 Listed $522,500 MLS #100314038

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $405,100 $162,700 $567,800 $882
2024 $405,100 $162,700 $567,800 $2,033
2023 $146,500 $96,300 $242,800 $1,264
2022 $96,300 $96,300 $507
2021 $96,300 $96,300 $527
2020 $139,500 $139,500 $882
2019 $139,500 $139,500 $882

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,151 sqft
Lot size
6,098 sqft
ZIP code
28412
City
Wilmington
Street
Motts Forest Rd
Coordinates
34.12725, -77.90276

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
$2,904
Gross rental yield
6.62%
Implied cap rate
4.30%
Trend-extrapolated value

Frequently asked questions

When did 515 Motts Forest Rd last sell?
515 Motts Forest Rd most recently sold on Jun 23, 2022 for $526,325.
What is the current tax assessment for 515 Motts Forest Rd?
The most recent total assessment for 515 Motts Forest Rd (year 2025) is $567,800 with $882 in property tax.
How does 515 Motts Forest Rd's assessment compare to its last sale price?
The current assessment is 7.9% above the last sale price of $526,325.
When was 515 Motts Forest Rd built?
515 Motts Forest Rd was built in 2021.
How does 515 Motts Forest Rd compare to others on Motts Forest Rd?
We track 8 other properties on Motts Forest Rd. Browse the list under "Other properties on Motts Forest Rd" to compare beds, baths, and sale history.
What are the property facts for 515 Motts Forest Rd?
515 Motts Forest Rd is a 4 bed, 3 bath, 2,151 sqft, 6,098 sqft lot single_family.
Is 515 Motts Forest Rd a flip candidate?
No — 515 Motts Forest Rd does not appear in our flips dataset.
Is 515 Motts Forest Rd a tax-appeal candidate?
No — 515 Motts Forest Rd 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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