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106 Formosa Dr; Wilmington, NC Property Details

106 Formosa Dr, Wilmington, NC is a Duplex 2 Units that was built in 1977. This property is not for sale. Our records show that 106 Formosa Dr has 4 bedrooms, and 3 bathrooms, and a total of 1,508 square feet. The lot size of 106 Formosa Dr is 43,124 square feet.

Off market
6 Formosa Dr Wilmington, NC 28403
$736,300 Estimated Value
4 Beds
3 Baths
1,508 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1977
  • Purchase Price: $1,000
  • Est. Equity / %: $746,000 / 100%
  • APN: R05611-005-001-000
  • Situs County: New Hanover
  • Length Of Ownership: 41 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Good
  • Building Quality: C
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 1,508/SqFt
  • Lot: 43,124/SqFt
  • Gross: 1,508/SqFt
  • Garage: 690/SqFt
  • Living: 1,508/SqFt
  • Basement: 1,108/SqFt
  • Building: 1,508/SqFt
  • Ground: 1,508/SqFt
  • Basement Finished: 1,108/SqFt
  • Price Per Square Foot: $0.66

Legal Description

  • Description: LTS OFF CLIFF RD
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New Hanover County Schools
  • Lat / Lon: 34.228214 / -77.83858
  • Property Class: Residential
  • Zoning: R-15,RESID
  • County Use Code: 11

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 2020
  • Bathroom Fixtures: 11
  • Cooling: Central
  • Garage: Garage
  • Heating: Heat Pump

Ownership Info

6 Formosa Dr has no associated ownership info
6 Formosa Dr has no associated ownership info.

Taxes

6 Formosa Dr has 10 associated Taxes items

106 Formosa Dr, Wilmington, NC pays taxes in New Hanover County, NC. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $736,300. The APN we've located for 106 Formosa Dr is R05611-005-001-000.

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Taxes
  • Assessed Value:  $736,300
  • Assessed Year:  2026
  • Assessed County:  New Hanover
  • APN:  R05611-005-001-000
  • Assessed Land Value:  343200
  • Market Land Value:  343200
  • Tax Amount:  4333.13
  • Tax Year:  2025
  • Market Value:  736300
  • Market Year:  2026

Tax History

6 Formosa Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $736,300 Land Value $343,200 Improvement Value $393,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,333.13 Change Rate +0.002135% Assessed CR Tax Rate
Year 2024 Assessed Value $497,000 Land Value $254,000 Improvement Value $243,000 Tax Amount $4,323.9 Change Rate +0.029586% Assessed CR Tax Rate +0.0087%
Year 2023 Assessed Value $497,000 Land Value $254,000 Improvement Value $243,000 Tax Amount $4,199.65 Change Rate -0.005882% Assessed CR Tax Rate +0.00845%
Year 2022 Assessed Value $497,000 Land Value $254,000 Improvement Value $243,000 Tax Amount $4,224.5 Change Rate -0.006778% Assessed CR Tax Rate +0.0085%
Year 2021 Assessed Value $497,000 Land Value $254,000 Improvement Value $243,000 Tax Amount $4,253.33 Change Rate +0.168321% Assessed CR Tax Rate +0.008558%
Year 2020 Assessed Value $345,600 Land Value $115,000 Improvement Value $230,600 Tax Amount $3,640.55 Change Rate Assessed CR Tax Rate +0.010534%
Year 2019 Assessed Value $345,600 Land Value $115,000 Improvement Value $230,600 Tax Amount $3,640.55 Change Rate Assessed CR Tax Rate +0.010534%
Year 2018 Assessed Value $345,600 Land Value $115,000 Improvement Value $230,600 Tax Amount $3,640.55 Change Rate Assessed CR Tax Rate +0.010534%
Year 2017 Assessed Value $345,600 Land Value $115,000 Improvement Value $230,600 Tax Amount $3,640.55 Change Rate +0.632234% Assessed CR Tax Rate +0.010534%
Year 2016 Assessed Value $201,300 Land Value $100,000 Improvement Value $101,300 Tax Amount $2,230.41 Change Rate +0.046271% Assessed CR Tax Rate +0.01108%
Year 2015 Assessed Value $201,300 Land Value $100,000 Improvement Value $101,300 Tax Amount $2,131.77 Change Rate +0.044381% Assessed CR Tax Rate +0.01059%
Year 2014 Assessed Value $201,300 Land Value $100,000 Improvement Value $101,300 Tax Amount $2,041.18 Change Rate Assessed CR Tax Rate +0.01014%