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847 Ovates Ln

Wilmington, NC 28409

4 bd 3 ba 2,768 sqft Built 2014 Lot 7,405 sqft single_family
Most recent sale
$575,500
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2022 Sold $575,500 MLS #100318528
May 6, 2022 Price changed $590,000 MLS #100318528
Apr 1, 2022 Price changed $609,900 MLS #100318528
Mar 24, 2022 Listed $620,000 MLS #100318528
Jul 26, 2019 Sold $372,500 MLS #100169585
May 16, 2017 Sold $295,500 MLS #30506393
Oct 10, 2014 Listed $293,900 MLS #30506393
Oct 10, 2014 Sold $295,500 Public Record
Jun 6, 2014 Listing removed $293,900 NCRCapeFear
May 19, 2014 Listed $293,900 MLS #506393
May 16, 2014 Sold $260,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $491,200 $127,700 $618,900 $1,368
2024 $491,200 $127,700 $618,900 $1,964
2023 $283,600 $82,600 $366,200 $1,960
2022 $278,900 $82,600 $361,500 $1,953
2019 $221,700 $60,000 $281,700 $1,497
2018 $221,700 $60,000 $281,700 $1,497
2017 $221,700 $60,000 $281,700 $1,532
2016 $197,500 $60,000 $257,500 $1,472
2015 $197,500 $60,000 $257,500 $1,368

Property facts

Year built
2014
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,768 sqft
Lot size
7,405 sqft
ZIP code
28409
City
Wilmington
Street
Ovates Ln
Coordinates
34.11664, -77.89237

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
$3,737
Gross rental yield
7.79%
Implied cap rate
5.06%
Trend-extrapolated value

Frequently asked questions

When did 847 Ovates Ln last sell?
847 Ovates Ln most recently sold on Jun 17, 2022 for $575,500.
What is the current tax assessment for 847 Ovates Ln?
The most recent total assessment for 847 Ovates Ln (year 2025) is $618,900 with $1,368 in property tax.
How does 847 Ovates Ln's assessment compare to its last sale price?
The current assessment is 7.5% above the last sale price of $575,500.
When was 847 Ovates Ln built?
847 Ovates Ln was built in 2014.
How does 847 Ovates Ln compare to others on Ovates Ln?
We track 8 other properties on Ovates Ln. Browse the list under "Other properties on Ovates Ln" to compare beds, baths, and sale history.
What are the property facts for 847 Ovates Ln?
847 Ovates Ln is a 4 bed, 3 bath, 2,768 sqft, 7,405 sqft lot single_family.
Is 847 Ovates Ln a flip candidate?
No — 847 Ovates Ln does not appear in our flips dataset.
Is 847 Ovates Ln a tax-appeal candidate?
No — 847 Ovates Ln 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
+2.3%
Implied 1-yr
+9.3%
2026 Q3
$731.8K
2026 Q4
$746.5K
ZIP 28409 — Median Price History + Forecast

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