118 Rice Marsh Way
Wilmington, NC 28412
4 bd 3 ba 2,437 sqft Built 2022 Lot 6,970 sqft single_family
Most recent sale
$451,551
Jun 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 2, 2022 | Sold | $451,551 | MLS #100282514 |
| Oct 4, 2021 | Price changed | $451,551 | MLS #100282514 |
| Aug 20, 2021 | Price changed | $449,551 | MLS #100282514 |
| Jul 23, 2021 | Listed | $447,551 | MLS #100282514 |
| Oct 4, 2018 | Listing removed | $350,000 | NCRCapeFear |
| Jun 8, 2018 | Listed | $350,000 | MLS #100120038 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $468,700 | $105,400 | $574,100 | $253 |
| 2024 | $468,700 | $105,400 | $574,100 | $2,033 |
| 2023 | $273,000 | $77,000 | $350,000 | $1,875 |
| 2022 | — | $77,000 | $77,000 | $406 |
| 2021 | — | $77,000 | $77,000 | $421 |
| 2020 | — | $40,000 | $40,000 | $253 |
| 2019 | — | $40,000 | $40,000 | $253 |
| 2018 | — | $40,000 | $40,000 | $253 |
Property facts
Year built
2022
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,437 sqft
Lot size
6,970 sqft
ZIP code
28412
City
Wilmington
Street
Rice Marsh Way
Coordinates
34.09396, -77.92070
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,290
Gross rental yield
8.74%
Implied cap rate
5.68%
Trend-extrapolated value
—
Frequently asked questions
When did 118 Rice Marsh Way last sell?
118 Rice Marsh Way most recently sold on Jun 2, 2022 for $451,551.
What is the current tax assessment for 118 Rice Marsh Way?
The most recent total assessment for 118 Rice Marsh Way (year 2025) is $574,100 with $253 in property tax.
How does 118 Rice Marsh Way's assessment compare to its last sale price?
The current assessment is 27.1% above the last sale price of $451,551.
When was 118 Rice Marsh Way built?
118 Rice Marsh Way was built in 2022.
How does 118 Rice Marsh Way compare to others on Rice Marsh Way?
We track 8 other properties on Rice Marsh Way. Browse the list under "Other properties on Rice Marsh Way" to compare beds, baths, and sale history.
What are the property facts for 118 Rice Marsh Way?
118 Rice Marsh Way is a 4 bed, 3 bath, 2,437 sqft, 6,970 sqft lot single_family.
Is 118 Rice Marsh Way a flip candidate?
No — 118 Rice Marsh Way does not appear in our flips dataset.
Is 118 Rice Marsh Way a tax-appeal candidate?
Yes — 118 Rice Marsh 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 Rice Marsh Way