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448 Racine Dr

Wilmington, NC 28403

1 bd 1 ba 740 sqft Built 1985 condos
Most recent sale
$65,500
Jun 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 11, 2025 Price changed for rent $800 AppfolioUnits
Jul 30, 2025 Listed for rent $850 AppfolioUnits
Aug 14, 2024 Listed for rent $850 AppfolioUnits
Aug 11, 2023 Sold $80,000 HiveMLS
Jun 9, 2022 Sold $65,500 MLS #100311076
Apr 20, 2022 Price changed $72,500 MLS #100311076
Feb 7, 2022 Listed $74,900 MLS #100311076
May 16, 2017 Sold $52,500 MLS #30378028
Aug 1, 2007 Listed $52,500 MLS #30378028
Aug 1, 2007 Sold $52,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $78,300 $78,300 $373
2024 $78,300 $78,300 $390
2023 $44,900 $44,900 $379
2021 $44,900 $44,900 $384
2020 $34,000 $34,000 $358
2019 $34,000 $34,000 $358
2018 $34,000 $34,000 $358
2017 $34,000 $34,000 $358
2016 $35,300 $35,300 $391
2015 $35,300 $35,300 $374
2014 $35,300 $35,300 $358
2013 $35,300 $35,300 $354
2012 $35,300 $35,300 $354
2011 $18,200 $18,200 $435
2010 $52,008 $52,008 $435
2008 $52,008 $52,008 $408
2007 $52,008 $52,008 $374

Property facts

Year built
1985
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
740 sqft
Lot size
ZIP code
28403
City
Wilmington
Street
Racine Dr
Coordinates
34.23193, -77.87000

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
$393
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 448 Racine Dr last sell?
448 Racine Dr most recently sold on Jun 9, 2022 for $65,500.
What is the current tax assessment for 448 Racine Dr?
The most recent total assessment for 448 Racine Dr (year 2025) is $78,300 with $373 in property tax.
How does 448 Racine Dr's assessment compare to its last sale price?
The current assessment is 19.5% above the last sale price of $65,500.
When was 448 Racine Dr built?
448 Racine Dr was built in 1985.
How does 448 Racine Dr compare to others on Racine Dr?
We track 8 other properties on Racine Dr. Browse the list under "Other properties on Racine Dr" to compare beds, baths, and sale history.
What are the property facts for 448 Racine Dr?
448 Racine Dr is a 1 bed, 1 bath, 740 sqft condos.
Is 448 Racine Dr a flip candidate?
Yes — 448 Racine Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 448 Racine Dr a tax-appeal candidate?
No — 448 Racine 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
-1.0%
Implied 1-yr
-4.0%
2026 Q3
$513.3K
2026 Q4
$507.8K
ZIP 28403 — Median Price History + Forecast

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