218 Palmer Way
Wilmington, NC 28412
3 bd 2 ba 1,750 sqft Built 1992 Lot 10,890 sqft single_family
Most recent sale
$419,500
May 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 12, 2022 | Sold | $419,500 | MLS #100318079 |
| Mar 21, 2022 | Listed | $424,900 | MLS #100318079 |
| Mar 1, 2001 | Sold | $142,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $351,300 | $110,800 | $462,100 | $1,167 |
| 2024 | $351,300 | $110,800 | $462,100 | $1,401 |
| 2023 | $170,500 | $83,700 | $254,200 | $1,396 |
| 2022 | $170,500 | $83,700 | $254,200 | $1,408 |
| 2021 | $170,500 | $83,700 | $254,200 | $1,403 |
| 2020 | $150,800 | $42,600 | $193,400 | $1,223 |
| 2019 | $150,800 | $42,600 | $193,400 | $1,223 |
| 2018 | $150,800 | $42,600 | $193,400 | $1,223 |
| 2017 | $150,800 | $42,600 | $193,400 | $1,252 |
| 2016 | $138,700 | $42,600 | $181,300 | $1,256 |
| 2015 | $138,700 | $42,600 | $181,300 | $1,168 |
| 2014 | $138,700 | $42,600 | $181,300 | $1,148 |
| 2013 | $138,700 | $42,600 | $181,300 | $1,148 |
| 2012 | $138,700 | $42,600 | $181,300 | $1,148 |
| 2011 | $94,320 | — | $94,320 | $1,436 |
| 2010 | $220,884 | $48,600 | $269,484 | $1,416 |
| 2008 | $220,884 | $48,600 | $269,484 | $1,354 |
| 2007 | $220,884 | $48,600 | $269,484 | $1 |
Property facts
Year built
1992
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,750 sqft
Lot size
10,890 sqft
ZIP code
28412
City
Wilmington
Street
Palmer Way
Coordinates
34.07054, -77.91724
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,363
Gross rental yield
6.76%
Implied cap rate
4.39%
Trend-extrapolated value
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Frequently asked questions
When did 218 Palmer Way last sell?
218 Palmer Way most recently sold on May 12, 2022 for $419,500.
What is the current tax assessment for 218 Palmer Way?
The most recent total assessment for 218 Palmer Way (year 2025) is $462,100 with $1,167 in property tax.
How does 218 Palmer Way's assessment compare to its last sale price?
The current assessment is 10.2% above the last sale price of $419,500.
When was 218 Palmer Way built?
218 Palmer Way was built in 1992.
How does 218 Palmer Way compare to others on Palmer Way?
We track 8 other properties on Palmer Way. Browse the list under "Other properties on Palmer Way" to compare beds, baths, and sale history.
What are the property facts for 218 Palmer Way?
218 Palmer Way is a 3 bed, 2 bath, 1,750 sqft, 10,890 sqft lot single_family.
Is 218 Palmer Way a flip candidate?
No — 218 Palmer Way does not appear in our flips dataset.
Is 218 Palmer Way a tax-appeal candidate?
No — 218 Palmer Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.0%
Implied 1-yr
+8.0%
2026 Q3
$534.2K
2026 Q4
$543.6K
ZIP 28412 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Palmer Way