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5113 Somersett Ln

Wilmington, NC 28409

4 bd 3 ba 2,729 sqft Built 2005 Lot 5,227 sqft single_family
Most recent sale
$482,000
Oct 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 2, 2024 Sold $495,000 HiveMLS
Oct 4, 2022 Sold $482,000 MLS #100333981
Jul 26, 2022 Price changed $475,000 MLS #100333981
Jun 16, 2022 Listed $499,000 MLS #100333981
Jun 20, 2017 Listing removed $324,900 NCRCapeFear
May 19, 2017 Relisted $324,900 MLS #100037017
May 16, 2017 Listing removed $324,900 NCRCapeFear
Jan 9, 2017 Relisted $324,900 MLS #100037017
Jan 5, 2017 Listing removed $324,900 NCRCapeFear
Nov 14, 2016 Listed $324,900 MLS #100037017
Nov 11, 2016 Listing removed $334,900 NCRCapeFear
Feb 2, 2016 Listed $334,900 MLS #30532489
Feb 2, 2016 Listing removed $334,900 NCRCapeFear
Jan 20, 2016 Listed $334,900 MLS #532489
Dec 3, 2015 Listing removed $334,900 NCRCapeFear
Sep 10, 2015 Price changed $334,900 MLS #504355
Apr 9, 2014 Listed $345,000 MLS #504355
Oct 9, 2010 Listing removed $330,000 NCRCapeFear
Nov 2, 2009 Listed $330,000 MLS #440625
Mar 13, 2006 Sold $328,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $404,500 $90,700 $495,200 $2,955
2024 $404,500 $90,700 $495,200 $3,433
2023 $315,800 $78,900 $394,700 $3,335
2022 $284,600 $78,900 $363,500 $3,089
2021 $284,600 $78,900 $363,500 $3,110
2020 $227,900 $81,000 $308,900 $3,254
2019 $227,900 $81,000 $308,900 $3,254
2018 $227,900 $81,000 $308,900 $3,254
2017 $227,900 $81,000 $308,900 $3,254
2016 $198,100 $81,000 $279,100 $3,092
2015 $198,100 $81,000 $279,100 $2,956
2014 $198,100 $81,000 $279,100 $2,830
2013 $198,100 $81,000 $279,100 $2,802
2012 $198,100 $81,000 $279,100 $2,802
2011 $115,630 $115,630 $2,760
2010 $250,362 $80,000 $330,362 $2,760
2008 $250,362 $80,000 $330,362 $2,593
2007 $250,362 $80,000 $330,362 $2,378

Property facts

Year built
2005
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,729 sqft
Lot size
5,227 sqft
ZIP code
28409
City
Wilmington
Street
Somersett Ln
Coordinates
34.20111, -77.87149

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
$3,684
Gross rental yield
9.17%
Implied cap rate
5.96%
Trend-extrapolated value

Frequently asked questions

When did 5113 Somersett Ln last sell?
5113 Somersett Ln most recently sold on Oct 4, 2022 for $482,000.
What is the current tax assessment for 5113 Somersett Ln?
The most recent total assessment for 5113 Somersett Ln (year 2025) is $495,200 with $2,955 in property tax.
How does 5113 Somersett Ln's assessment compare to its last sale price?
The current assessment is 2.7% above the last sale price of $482,000.
When was 5113 Somersett Ln built?
5113 Somersett Ln was built in 2005.
How does 5113 Somersett Ln compare to others on Somersett Ln?
We track 8 other properties on Somersett Ln. Browse the list under "Other properties on Somersett Ln" to compare beds, baths, and sale history.
What are the property facts for 5113 Somersett Ln?
5113 Somersett Ln is a 4 bed, 3 bath, 2,729 sqft, 5,227 sqft lot single_family.
Is 5113 Somersett Ln a flip candidate?
No — 5113 Somersett Ln does not appear in our flips dataset.
Is 5113 Somersett Ln a tax-appeal candidate?
No — 5113 Somersett 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
+2.3%
Implied 1-yr
+9.3%
2026 Q3
$731.8K
2026 Q4
$746.5K
ZIP 28409 — Median Price History + Forecast

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