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115 River Gate Ln

Wilmington, NC 28412

3 bd 3 ba 1,675 sqft Built 2005 Lot 1,675 sqft townhomes
Most recent sale
$350,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $350,000 MLS #100315444
Mar 24, 2022 Price changed $355,000 MLS #100315444
Mar 5, 2022 Listed $379,000 MLS #100315444
Dec 31, 2020 Sold $250,000 MLS #100227555
Sep 28, 2020 Price changed $250,000 MLS #100227555
Jul 20, 2020 Listed $253,000 MLS #100227555
Jan 3, 2018 Sold $219,900 MLS #30331788
Jan 18, 2017 Sold $160,000 MLS #30515826
Jun 12, 2015 Listed $169,000 MLS #30515826
Jun 12, 2015 Sold $160,000 HiveMLS
Jun 11, 2015 Sold $160,000 Public Record
May 7, 2015 Listing removed $169,000 NCRCapeFear
Jan 8, 2015 Listed $169,000 MLS #515826
May 26, 2011 Sold $175,000 Public Record
Sep 9, 2005 Listed $219,900 MLS #30331788
Sep 9, 2005 Sold $220,000 Public Record
May 6, 2005 Sold $251,000 Public Record
Apr 1, 2003 Sold $800,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $267,600 $75,000 $342,600 $1,058
2024 $267,600 $75,000 $342,600 $1,352
2022 $169,800 $75,000 $244,800 $1,359
2021 $169,800 $75,000 $244,800 $1,352
2020 $106,800 $60,000 $166,800 $1,055
2019 $106,800 $60,000 $166,800 $1,055
2018 $106,800 $60,000 $166,800 $1,055
2017 $106,800 $60,000 $166,800 $1,080
2016 $104,300 $60,000 $164,300 $1,139
2015 $104,300 $60,000 $164,300 $1,058
2014 $104,300 $60,000 $164,300 $1,040
2013 $104,300 $60,000 $164,300 $1,040
2012 $104,300 $60,000 $164,300 $1,040
2011 $88,150 $88,150 $1,342
2010 $176,866 $75,000 $251,866 $1,324
2008 $176,866 $75,000 $251,866 $1,266
2007 $176,866 $75,000 $251,866 $1,183

Property facts

Year built
2005
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,675 sqft
Lot size
1,675 sqft
ZIP code
28412
City
Wilmington
Street
River Gate Ln
Coordinates
34.11864, -77.92217

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
$2,261
Gross rental yield
7.75%
Implied cap rate
5.04%
Trend-extrapolated value

Frequently asked questions

When did 115 River Gate Ln last sell?
115 River Gate Ln most recently sold on Apr 29, 2022 for $350,000.
What is the current tax assessment for 115 River Gate Ln?
The most recent total assessment for 115 River Gate Ln (year 2025) is $342,600 with $1,058 in property tax.
How does 115 River Gate Ln's assessment compare to its last sale price?
The current assessment is 2.1% below the last sale price of $350,000.
When was 115 River Gate Ln built?
115 River Gate Ln was built in 2005.
How does 115 River Gate Ln compare to others on River Gate Ln?
We track 8 other properties on River Gate Ln. Browse the list under "Other properties on River Gate Ln" to compare beds, baths, and sale history.
What are the property facts for 115 River Gate Ln?
115 River Gate Ln is a 3 bed, 3 bath, 1,675 sqft, 1,675 sqft lot townhomes.
Is 115 River Gate Ln a flip candidate?
Yes — 115 River Gate Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 115 River Gate Ln a tax-appeal candidate?
No — 115 River Gate 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
+2.0%
Implied 1-yr
+8.0%
2026 Q3
$534.2K
2026 Q4
$543.6K
ZIP 28412 — Median Price History + Forecast

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