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4509 Terry Ln

Wilmington, NC 28405

3 bd 2 ba 1,662 sqft Built 1972 Lot 20,038 sqft single_family
Most recent sale
$262,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2022 Sold $262,000 MLS #100316741
Mar 18, 2022 Listed $229,000 MLS #100316741
Jun 24, 2011 Sold $165,000 Public Record
May 17, 2011 Listing removed $174,900 NCRCapeFear
May 10, 2011 Price changed $174,900 MLS #459967
Feb 24, 2011 Listed $179,900 MLS #459967
Feb 13, 2010 Listing removed $198,000 NCRCapeFear
Jan 2, 2010 Listed $198,000 MLS #442403
Dec 15, 2009 Price changed $198,000 MLS #435354
Nov 22, 2009 Price changed $199,900 MLS #435354
Aug 25, 2009 Price changed $209,000 MLS #435354
Jun 30, 2009 Listed $224,900 MLS #435354
Dec 1, 1988 Sold $85,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $254,000 $133,200 $387,200 $545
2024 $254,000 $133,200 $387,200 $1,289
2023 $155,200 $77,500 $232,700 $1,283
2022 $155,200 $77,500 $232,700 $1,295
2021 $155,200 $77,500 $232,700 $649
2020 $140,200 $45,000 $185,200 $586
2019 $140,200 $45,000 $185,200 $586
2018 $140,200 $45,000 $185,200 $586
2017 $140,200 $45,000 $185,200 $600
2016 $124,300 $45,000 $169,300 $587
2015 $124,300 $45,000 $169,300 $545
2014 $124,300 $45,000 $169,300 $536
2013 $124,300 $45,000 $169,300 $536
2012 $124,300 $45,000 $169,300 $536
2011 $67,800 $67,800 $1,032
2010 $162,700 $31,000 $193,700 $1,018
2008 $162,700 $31,000 $193,700 $973
2007 $162,700 $31,000 $193,700 $910

Property facts

Year built
1972
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,662 sqft
Lot size
20,038 sqft
ZIP code
28405
City
Wilmington
Street
Terry Ln
Coordinates
34.26071, -77.87744

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
$2,244
Gross rental yield
10.28%
Implied cap rate
6.68%
Trend-extrapolated value

Frequently asked questions

When did 4509 Terry Ln last sell?
4509 Terry Ln most recently sold on May 2, 2022 for $262,000.
What is the current tax assessment for 4509 Terry Ln?
The most recent total assessment for 4509 Terry Ln (year 2025) is $387,200 with $545 in property tax.
How does 4509 Terry Ln's assessment compare to its last sale price?
The current assessment is 47.8% above the last sale price of $262,000.
When was 4509 Terry Ln built?
4509 Terry Ln was built in 1972.
How does 4509 Terry Ln compare to others on Terry Ln?
We track 6 other properties on Terry Ln. Browse the list under "Other properties on Terry Ln" to compare beds, baths, and sale history.
What are the property facts for 4509 Terry Ln?
4509 Terry Ln is a 3 bed, 2 bath, 1,662 sqft, 20,038 sqft lot single_family.
Is 4509 Terry Ln a flip candidate?
No — 4509 Terry Ln does not appear in our flips dataset.
Is 4509 Terry Ln a tax-appeal candidate?
Yes — 4509 Terry Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.2%
Implied 1-yr
+12.8%
2026 Q3
$919.5K
2026 Q4
$943.9K
ZIP 28405 — Median Price History + Forecast

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