601 Rheims Way
Wilmington, NC 28412
4 bd 2 ba 1,231 sqft Built 1971 Lot 12,197 sqft single_family
Most recent sale
$282,000
Apr 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 19, 2025 | Listed for rent | $2,600 | Avail |
| Oct 16, 2025 | Listed for rent | $2,600 | Avail |
| Apr 28, 2022 | Sold | $282,000 | MLS #100317620 |
| Mar 18, 2022 | Listed | $255,000 | MLS #100317620 |
| Nov 18, 2019 | Sold | $192,000 | MLS #100172744 |
| Sep 19, 2019 | Price changed | $192,900 | MLS #100172744 |
| Aug 28, 2019 | Price changed | $193,900 | MLS #100172744 |
| Jul 5, 2019 | Price changed | $194,900 | MLS #100172744 |
| Jun 27, 2019 | Listed | $204,900 | MLS #100172744 |
| Mar 9, 2018 | Sold | $69,900 | MLS #30257044 |
| Nov 7, 2001 | Listed | $77,000 | MLS #30257044 |
| Nov 1, 2001 | Sold | $93,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $222,100 | $119,000 | $341,100 | $655 |
| 2024 | $222,100 | $119,000 | $341,100 | $1,105 |
| 2023 | $124,900 | $72,600 | $197,500 | $1,099 |
| 2022 | $124,900 | $72,600 | $197,500 | $1,109 |
| 2021 | $124,900 | $72,600 | $197,500 | $1,093 |
| 2020 | $98,000 | $20,000 | $118,000 | $746 |
| 2019 | $98,000 | $20,000 | $118,000 | $746 |
| 2018 | $98,000 | $20,000 | $118,000 | $746 |
| 2017 | $98,000 | $20,000 | $118,000 | $764 |
| 2016 | $64,600 | $37,200 | $101,800 | $705 |
| 2015 | $64,600 | $37,200 | $101,800 | $655 |
| 2014 | $64,600 | $37,200 | $101,800 | $644 |
| 2013 | $64,600 | $37,200 | $101,800 | $644 |
| 2012 | $64,600 | $37,200 | $101,800 | $644 |
| 2011 | $48,100 | — | $48,100 | $732 |
| 2010 | $107,429 | $30,000 | $137,429 | $722 |
| 2008 | $107,429 | $30,000 | $137,429 | $690 |
| 2007 | $107,429 | $30,000 | $137,429 | $645 |
Property facts
Year built
1971
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,231 sqft
Lot size
12,197 sqft
ZIP code
28412
City
Wilmington
Street
Rheims Way
Coordinates
34.14102, -77.90562
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,662
Gross rental yield
7.07%
Implied cap rate
4.60%
Trend-extrapolated value
—
Frequently asked questions
When did 601 Rheims Way last sell?
601 Rheims Way most recently sold on Apr 28, 2022 for $282,000.
What is the current tax assessment for 601 Rheims Way?
The most recent total assessment for 601 Rheims Way (year 2025) is $341,100 with $655 in property tax.
How does 601 Rheims Way's assessment compare to its last sale price?
The current assessment is 21.0% above the last sale price of $282,000.
When was 601 Rheims Way built?
601 Rheims Way was built in 1971.
How does 601 Rheims Way compare to others on Rheims Way?
We track 5 other properties on Rheims Way. Browse the list under "Other properties on Rheims Way" to compare beds, baths, and sale history.
What are the property facts for 601 Rheims Way?
601 Rheims Way is a 4 bed, 2 bath, 1,231 sqft, 12,197 sqft lot single_family.
Is 601 Rheims Way a flip candidate?
Yes — 601 Rheims Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 601 Rheims Way a tax-appeal candidate?
Yes — 601 Rheims Way appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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 Rheims Way