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240 Water St

Wilmington, NC 28401

2 bd 3 ba 1,427 sqft Built 2020 condos
Most recent sale
$695,000
Mar 31, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 8, 2025 Listing removed $3,850 HiveMLS
Sep 10, 2025 Listed for rent $3,850 HiveMLS
Jan 7, 2025 Listing removed $3,200 HiveMLS
May 30, 2024 Listing removed $3,150 HiveMLS
Feb 1, 2023 Listing removed $3,200 NCRCapeFear
Jan 20, 2023 Listed for rent $3,200 NCRCapeFear
Jan 5, 2023 Listed for rent $3,200 Zumper
Dec 10, 2022 Listed for rent $3,200 AppfolioUnits
Dec 9, 2022 Listed for rent $3,200 Zumper
Aug 6, 2022 Listing removed $3,150 NCRCapeFear
Aug 1, 2022 Listed for rent $3,150 NCRCapeFear
May 24, 2022 Price changed $1,100,000 MLS #100322724
Apr 29, 2022 Listed $1,150,000 MLS #100322724
Mar 31, 2021 Sold $695,000 MLS #100235817
Feb 24, 2021 Relisted $715,000 MLS #100235817
Sep 10, 2020 Listed $715,000 MLS #100235817
Sep 1, 2020 Sold $618,500 MLS #100120562
Jun 12, 2018 Listed $618,500 MLS #100120562

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
2020
Property type
condos
Stories
1
Beds
2
Baths
3
Living area
1,427 sqft
Lot size
ZIP code
28401
City
Wilmington
Street
Water St
Coordinates
34.23793, -77.95005

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
$4,170
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 Mar 31, 2021 for $695,000.
What is the current tax assessment for 240 Water St?
No tax-assessment history is recorded for this parcel.
When was 240 Water St built?
240 Water St was built in 2020.
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, 1,427 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 valuation
Quarterly trend
+0.3%
Implied 1-yr
+1.3%
2026 Q3
$414.1K
2026 Q4
$415.4K
ZIP 28401 — Median Price History + Forecast

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