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5136 Somersett Ln

Wilmington, NC 28409

4 bd 3 ba 2,742 sqft Built 2005 Lot 5,193 sqft single_family
Most recent sale
$525,000
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 27, 2022 Sold $525,000 MLS #100314757
Mar 19, 2022 Listed $514,750 MLS #100314757
May 16, 2017 Sold $363,495 MLS #30348471
Feb 6, 2006 Listed $363,495 MLS #30348471
Feb 6, 2006 Sold $364,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $363,700 $90,700 $454,400 $2,955
2024 $363,700 $90,700 $454,400 $3,161
2023 $284,500 $78,900 $363,400 $3,070
2022 $284,500 $78,900 $363,400 $3,088
2021 $284,500 $78,900 $363,400 $3,109
2020 $227,700 $81,000 $308,700 $3,252
2019 $227,700 $81,000 $308,700 $3,252
2018 $227,700 $81,000 $308,700 $3,252
2017 $227,700 $81,000 $308,700 $3,252
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
2,742 sqft
Lot size
5,193 sqft
ZIP code
28409
City
Wilmington
Street
Somersett Ln
Coordinates
34.20113, -77.87044

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
$3,702
Gross rental yield
8.46%
Implied cap rate
5.50%
Trend-extrapolated value

Frequently asked questions

When did 5136 Somersett Ln last sell?
5136 Somersett Ln most recently sold on Apr 27, 2022 for $525,000.
What is the current tax assessment for 5136 Somersett Ln?
The most recent total assessment for 5136 Somersett Ln (year 2025) is $454,400 with $2,955 in property tax.
How does 5136 Somersett Ln's assessment compare to its last sale price?
The current assessment is 13.4% below the last sale price of $525,000.
When was 5136 Somersett Ln built?
5136 Somersett Ln was built in 2005.
How does 5136 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 5136 Somersett Ln?
5136 Somersett Ln is a 4 bed, 3 bath, 2,742 sqft, 5,193 sqft lot single_family.
Is 5136 Somersett Ln a flip candidate?
No — 5136 Somersett Ln does not appear in our flips dataset.
Is 5136 Somersett Ln a tax-appeal candidate?
No — 5136 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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