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205 River Gate Ln

Wilmington, NC 28412

3 bd 3 ba 1,745 sqft Built 1999 Lot 1,307 sqft single_family
Most recent sale
$340,000
Sep 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 6, 2022 Sold $340,000 MLS #100339820
Jul 19, 2022 Listed $348,500 MLS #100339820
Oct 2, 2020 Sold $263,000 MLS #100231740
Mar 9, 2018 Sold $120,000 MLS #30485747
Apr 4, 2013 Sold $120,000 Public Record
Apr 4, 2013 Listed $120,000 MLS #30485747
Mar 14, 2013 Price changed $120,000 MLS #485747
Mar 6, 2013 Relisted $125,000 MLS #485747
Jan 23, 2013 Price changed $125,000 MLS #485747
Jan 16, 2013 Listed $150,000 MLS #485747
Nov 22, 2006 Listed $259,900 MLS #30374855
Nov 22, 2006 Sold $253,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $255,400 $82,500 $337,900 $1,077
2024 $255,400 $82,500 $337,900 $1,313
2021 $162,200 $75,000 $237,200 $1,310
2020 $106,900 $66,200 $173,100 $1,095
2019 $106,900 $66,200 $173,100 $1,095
2018 $106,900 $66,200 $173,100 $1,095
2017 $106,900 $66,200 $173,100 $1,121
2016 $101,100 $66,200 $167,300 $1,159
2015 $101,100 $66,200 $167,300 $1,077
2014 $101,100 $66,200 $167,300 $1,059
2013 $101,100 $66,200 $167,300 $1,059
2012 $101,100 $66,200 $167,300 $1,059
2011 $82,270 $82,270 $1,253
2010 $160,060 $75,000 $235,060 $1,235
2008 $160,060 $75,000 $235,060 $1,181
2007 $160,060 $75,000 $235,060 $1,104

Property facts

Year built
1999
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,745 sqft
Lot size
1,307 sqft
ZIP code
28412
City
Wilmington
Street
River Gate Ln
Coordinates
34.11850, -77.92311

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
$2,356
Gross rental yield
8.32%
Implied cap rate
5.40%
Trend-extrapolated value

Frequently asked questions

When did 205 River Gate Ln last sell?
205 River Gate Ln most recently sold on Sep 6, 2022 for $340,000.
What is the current tax assessment for 205 River Gate Ln?
The most recent total assessment for 205 River Gate Ln (year 2025) is $337,900 with $1,077 in property tax.
How does 205 River Gate Ln's assessment compare to its last sale price?
The current assessment is 0.6% below the last sale price of $340,000.
When was 205 River Gate Ln built?
205 River Gate Ln was built in 1999.
How does 205 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 205 River Gate Ln?
205 River Gate Ln is a 3 bed, 3 bath, 1,745 sqft, 1,307 sqft lot single_family.
Is 205 River Gate Ln a flip candidate?
Yes — 205 River Gate Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 205 River Gate Ln a tax-appeal candidate?
No — 205 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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