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1640 Tall Ships Ln

Wilmington, NC 28409

4 bd 3 ba 2,591 sqft Built 2011 Lot 8,276 sqft single_family
Most recent sale
$500,000
Sep 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 13, 2022 Sold $500,000 MLS #100339361
Aug 11, 2022 Price changed $519,000 MLS #100339361
Jul 28, 2022 Price changed $534,000 MLS #100339361
Jul 16, 2022 Listed $535,000 MLS #100339361
Jun 1, 2021 Sold $395,001 MLS #100266229
Mar 9, 2018 Sold $250,000 MLS #30465643
Oct 26, 2011 Listed $250,000 MLS #30465643
Oct 26, 2011 Sold $250,000 Public Record
Aug 25, 2011 Sold $96,000 Public Record
Jul 24, 2008 Listed $89,000 MLS #421404

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $358,200 $146,100 $504,300 $1,538
2024 $358,200 $146,100 $504,300 $1,848
2023 $258,800 $85,200 $344,000 $1,844
2021 $254,500 $85,200 $339,700 $1,868
2020 $235,900 $38,000 $273,900 $1,732
2019 $235,900 $38,000 $273,900 $1,732
2018 $235,900 $38,000 $273,900 $1,732
2017 $235,900 $38,000 $273,900 $1,774
2016 $186,900 $50,000 $236,900 $1,642
2015 $188,900 $50,000 $238,900 $1,539
2014 $186,900 $50,000 $236,900 $1,500
2013 $186,900 $50,000 $236,900 $1,500
2012 $186,900 $50,000 $236,900 $1,500
2011 $31,500 $31,500 $480
2010 $90,000 $90,000 $473
2008 $90,000 $90,000 $452

Property facts

Year built
2011
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,591 sqft
Lot size
8,276 sqft
ZIP code
28409
City
Wilmington
Street
Tall Ships Ln
Coordinates
34.12218, -77.87609

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
$3,498
Gross rental yield
8.40%
Implied cap rate
5.46%
Trend-extrapolated value

Frequently asked questions

When did 1640 Tall Ships Ln last sell?
1640 Tall Ships Ln most recently sold on Sep 13, 2022 for $500,000.
What is the current tax assessment for 1640 Tall Ships Ln?
The most recent total assessment for 1640 Tall Ships Ln (year 2025) is $504,300 with $1,538 in property tax.
How does 1640 Tall Ships Ln's assessment compare to its last sale price?
The current assessment is 0.9% above the last sale price of $500,000.
When was 1640 Tall Ships Ln built?
1640 Tall Ships Ln was built in 2011.
How does 1640 Tall Ships Ln compare to others on Tall Ships Ln?
We track 8 other properties on Tall Ships Ln. Browse the list under "Other properties on Tall Ships Ln" to compare beds, baths, and sale history.
What are the property facts for 1640 Tall Ships Ln?
1640 Tall Ships Ln is a 4 bed, 3 bath, 2,591 sqft, 8,276 sqft lot single_family.
Is 1640 Tall Ships Ln a flip candidate?
Yes — 1640 Tall Ships Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1640 Tall Ships Ln a tax-appeal candidate?
No — 1640 Tall Ships 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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