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401 Colonial Dr; Wilmington, NC Property Details

401 Colonial Dr, Wilmington, NC is a Single Family that was built in 1927. This property is currently a cash purchase and is not for sale. Our records show that 401 Colonial Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,940 square feet. The lot size of 401 Colonial Dr is 18,731 square feet.

Off market
401 Colonial Dr Wilmington, NC 28403
$288,000 Listing Price
4 Beds
2.5 Baths
2,940 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1927
  • Purchase Price: $288,000
  • Est. Equity / %: $731,000 / 100%
  • Gross Yield: 6.804%
  • APN: R05408-004-004-000
  • Situs County: New Hanover
  • Length Of Ownership: 8 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 1.5
  • Exterior Wall Type: Stucco
  • Building Condition: Good
  • Building Quality: B-
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 2,940/SqFt
  • Lot: 18,731/SqFt
  • Living: 2,940/SqFt
  • Basement: 1,492/SqFt
  • Building: 2,940/SqFt
  • Ground: 2,194/SqFt
  • Basement Finished: 1,492/SqFt
  • Price Per Square Foot: $97.96

Legal Description

  • Description: LOT 25 B SEC A FOREST HILL
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New Hanover County Schools
  • Lat / Lon: 34.233555 / -77.912125
  • Subdivision: Forest Hills Sec 2
  • Property Class: Residential
  • Zoning: R-15,RESID
  • County Use Code: 10

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 1257
  • Bathroom Fixtures: 12
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

401 Colonial Dr has no associated ownership info
401 Colonial Dr has no associated ownership info.

Taxes

401 Colonial Dr has 10 associated Taxes items

401 Colonial 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 $718,600. The APN we've located for 401 Colonial Dr is R05408-004-004-000.

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Taxes
  • Assessed Value:  $718,600
  • Assessed Year:  2026
  • Assessed County:  New Hanover
  • APN:  R05408-004-004-000
  • Assessed Land Value:  301700
  • Market Land Value:  301700
  • Tax Amount:  4228.97
  • Tax Year:  2025
  • Market Value:  718600
  • Market Year:  2026

Tax History

401 Colonial Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $718,600 Land Value $301,700 Improvement Value $416,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,228.97 Change Rate +0.370421% Assessed CR Tax Rate
Year 2024 Assessed Value $354,700 Land Value $126,500 Improvement Value $228,200 Tax Amount $3,085.89 Change Rate +0.029584% Assessed CR Tax Rate +0.0087%
Year 2023 Assessed Value $354,700 Land Value $126,500 Improvement Value $228,200 Tax Amount $2,997.22 Change Rate -0.005884% Assessed CR Tax Rate +0.00845%
Year 2022 Assessed Value $354,700 Land Value $126,500 Improvement Value $228,200 Tax Amount $3,014.96 Change Rate Assessed CR Tax Rate +0.0085%
Year 2021 Assessed Value $354,700 Land Value $126,500 Improvement Value $228,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $338,200 Land Value $128,800 Improvement Value $209,400 Tax Amount $3,562.6 Change Rate Assessed CR Tax Rate +0.010534%
Year 2019 Assessed Value $338,200 Land Value $128,800 Improvement Value $209,400 Tax Amount $3,562.6 Change Rate Assessed CR Tax Rate +0.010534%
Year 2018 Assessed Value $338,200 Land Value $128,800 Improvement Value $209,400 Tax Amount $3,562.6 Change Rate Assessed CR Tax Rate +0.010534%
Year 2017 Assessed Value $338,200 Land Value $128,800 Improvement Value $209,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $325,000 Land Value $130,700 Improvement Value $194,300 Tax Amount $3,601 Change Rate +0.04627% Assessed CR Tax Rate +0.01108%
Year 2015 Assessed Value $325,000 Land Value $130,700 Improvement Value $194,300 Tax Amount $3,441.75 Change Rate +0.044379% Assessed CR Tax Rate +0.01059%
Year 2014 Assessed Value $325,000 Land Value $130,700 Improvement Value $194,300 Tax Amount $3,295.5 Change Rate Assessed CR Tax Rate +0.01014%