227 River Gate Ln
Wilmington, NC 28412
3 bd 3 ba 1,711 sqft Built 2004 Lot 1,300 sqft townhomes
Most recent sale
$459,900
May 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 2, 2022 | Price changed for rent | $3,095 | TurboTenant |
| Oct 25, 2022 | Price changed for rent | $3,200 | Zumper |
| Oct 22, 2022 | Price changed for rent | $2,900 | Zumper |
| Oct 20, 2022 | Listed for rent | $3,200 | TurboTenant |
| May 2, 2022 | Sold | $459,900 | MLS #100313741 |
| Mar 8, 2022 | Price changed | $459,900 | MLS #100313741 |
| Feb 25, 2022 | Listed | $450,000 | MLS #100313741 |
| Jul 10, 2020 | Sold | $195,000 | Public Record |
| Feb 1, 2005 | Sold | $310,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $267,100 | $82,500 | $349,600 | $1,102 |
| 2024 | $267,100 | $82,500 | $349,600 | $1,354 |
| 2022 | $170,200 | $75,000 | $245,200 | $1,361 |
| 2021 | $170,200 | $75,000 | $245,200 | $1,354 |
| 2020 | $108,700 | $66,200 | $174,900 | $1,106 |
| 2019 | $108,700 | $66,200 | $174,900 | $1,106 |
| 2018 | $108,700 | $66,200 | $174,900 | $1,106 |
| 2017 | $108,700 | $66,200 | $174,900 | $1,132 |
| 2016 | $105,000 | $66,200 | $171,200 | $1,186 |
| 2015 | $105,000 | $66,200 | $171,200 | $1,103 |
| 2014 | $105,000 | $66,200 | $171,200 | $1,084 |
| 2013 | $105,000 | $66,200 | $171,200 | $1,084 |
| 2012 | $105,000 | $66,200 | $171,200 | $1,084 |
| 2011 | $94,340 | — | $94,340 | $1,437 |
| 2010 | $179,556 | $90,000 | $269,556 | $1,417 |
| 2008 | $179,556 | $90,000 | $269,556 | $1,355 |
| 2007 | $179,556 | $90,000 | $269,556 | $1,266 |
Property facts
Year built
2004
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,711 sqft
Lot size
1,300 sqft
ZIP code
28412
City
Wilmington
Street
River Gate Ln
Coordinates
34.11854, -77.92404
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
$2,310
Gross rental yield
6.03%
Implied cap rate
3.92%
Trend-extrapolated value
—
Frequently asked questions
When did 227 River Gate Ln last sell?
227 River Gate Ln most recently sold on May 2, 2022 for $459,900.
What is the current tax assessment for 227 River Gate Ln?
The most recent total assessment for 227 River Gate Ln (year 2025) is $349,600 with $1,102 in property tax.
How does 227 River Gate Ln's assessment compare to its last sale price?
The current assessment is 24.0% below the last sale price of $459,900.
When was 227 River Gate Ln built?
227 River Gate Ln was built in 2004.
How does 227 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 227 River Gate Ln?
227 River Gate Ln is a 3 bed, 3 bath, 1,711 sqft, 1,300 sqft lot townhomes.
Is 227 River Gate Ln a flip candidate?
Yes — 227 River Gate Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 227 River Gate Ln a tax-appeal candidate?
No — 227 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 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 River Gate Ln