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240 Water St

Wilmington, NC 28401

2 bd 3 ba 1,286 sqft Built 2020 condos
Most recent sale
$495,000
Jun 18, 2020

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 7, 2023 Sold $800,000 HiveMLS
Nov 16, 2022 Sold $640,000 HiveMLS
Sep 12, 2022 Price changed $647,000 MLS #100330848
Jun 3, 2022 Listed $657,400 MLS #100330848
Jun 18, 2020 Sold $495,000 MLS #100086723
Oct 19, 2017 Listed $495,000 MLS #100086723

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $691,300 $691,300 $475
2024 $691,300 $691,300 $3,415
2022 $522,000 $522,000 $895
2021 $522,000 $522,000 $475

Property facts

Year built
2020
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 months

Frequently asked questions

When did 240 Water St last sell?
240 Water St most recently sold on Jun 18, 2020 for $495,000.
What is the current tax assessment for 240 Water St?
The most recent total assessment for 240 Water St (year 2025) is $691,300 with $475 in property tax.
How does 240 Water St's assessment compare to its last sale price?
The current assessment is 39.7% above the last sale price of $495,000.
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, 1,286 sqft condos.
Is 240 Water St a flip candidate?
Yes — 240 Water St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
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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