240 Water St
Wilmington, NC 28401
2 bd 3 ba 1,286 sqft Built 2019 condos
Most recent sale
$785,000
Oct 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 3, 2022 | Sold | $785,000 | MLS #100334665 |
| Jul 8, 2022 | Listed | $795,000 | MLS #100334665 |
| May 14, 2020 | Sold | $546,250 | MLS #100115018 |
| May 8, 2018 | Listed | $546,250 | MLS #100115018 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $785,600 | — | $785,600 | $511 |
| 2024 | $785,600 | — | $785,600 | $3,677 |
| 2023 | $562,100 | — | $562,100 | $2,556 |
| 2022 | $562,100 | — | $562,100 | $1,285 |
Property facts
Year built
2019
Property type
condos
Stories
1
Beds
2
Baths
3
Living area
1,286 sqft
Lot size
—
ZIP code
28401
City
Wilmington
Street
Water St
Coordinates
34.23810, -77.94992
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
$4,710
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 240 Water St last sell?
240 Water St most recently sold on Oct 3, 2022 for $785,000.
What is the current tax assessment for 240 Water St?
The most recent total assessment for 240 Water St (year 2025) is $785,600 with $511 in property tax.
How does 240 Water St's assessment compare to its last sale price?
The current assessment is 0.1% above the last sale price of $785,000.
When was 240 Water St built?
240 Water St was built in 2019.
How does 240 Water St compare to others on Water St?
We track 8 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 240 Water St?
240 Water St is a 2 bed, 3 bath, 1,286 sqft condos.
Is 240 Water St a flip candidate?
No — 240 Water St does not appear in our flips dataset.
Is 240 Water St a tax-appeal candidate?
No — 240 Water St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.3%
Implied 1-yr
+1.3%
2026 Q3
$414.1K
2026 Q4
$415.4K
ZIP 28401 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Water St