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4040 Passerine Ave; Wilmington, NC Property Details

4040 Passerine Ave, Wilmington, NC is a Patio Home that was built in 2017. This property is currently Cash Purchase,New Construction and is for sale. Our records show that 4040 Passerine Ave has 2 bedrooms, and 2.5 bathrooms, and a total of 3,166 square feet. The lot size of 4040 Passerine Ave is 8,364 square feet.

On Market for 16 days
4040 Passerine Ave Wilmington, NC 28412
$815,000 Listing Price
2 Beds
2.5 Baths
3,166 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2017
  • Purchase Price: $476,500
  • Open Loans / Balance: 1 / $71,445
  • Est. Equity / %: $799,555 / 91.8%
  • Gross Yield: 6.069%
  • APN: R07000-006-136-000
  • Situs County: New Hanover
  • Length Of Ownership: 9 years, 1 months

Rooms

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

Structure

  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C+
  • Porch Type: Open

Measurements

  • Total: 3,166/SqFt
  • Lot: 8,364/SqFt
  • Garage: 580/SqFt
  • Living: 3,166/SqFt
  • Basement: 2,494/SqFt
  • Building: 3,166/SqFt
  • Ground: 2,830/SqFt
  • Basement Finished: 2,494/SqFt
  • Price Per Square Foot: $150.51

Legal Description

  • Description: LOT 75 RIVER LIGHTS PH 1
Building Insights

Land Information

  • Property Type: Patio Home
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New Hanover County Schools
  • Lat / Lon: 34.152687 / -77.93318
  • Subdivision: Riverlights Age Qualified
  • Property Class: Residential
  • Zoning: R-7,RESIDE
  • County Use Code: 10

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5604
  • Bathroom Fixtures: 13
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Heat Pump
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

4040 Passerine Ave has no associated ownership info
4040 Passerine Ave has no associated ownership info.

Taxes

4040 Passerine Ave has 8 associated Taxes items

4040 Passerine Ave, 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 $721,700. The APN we've located for 4040 Passerine Ave is R07000-006-136-000.

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Taxes
  • Assessed Value:  $721,700
  • Assessed Year:  2026
  • Assessed County:  New Hanover
  • APN:  R07000-006-136-000
  • Assessed Land Value:  135800
  • Market Land Value:  135800
  • Market Value:  721700
  • Market Year:  2026

Tax History

4040 Passerine Ave has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $721,700 Land Value $135,800 Improvement Value $585,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $721,700 Land Value $135,800 Improvement Value $585,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $519,500 Land Value $108,900 Improvement Value $410,600 Tax Amount $2,259.84 Change Rate +0.029587% Assessed CR Tax Rate +0.00435%
Year 2023 Assessed Value $519,500 Land Value $108,900 Improvement Value $410,600 Tax Amount $2,194.9 Change Rate -0.005879% Assessed CR Tax Rate +0.004225%
Year 2022 Assessed Value $519,500 Land Value $108,900 Improvement Value $410,600 Tax Amount $2,207.88 Change Rate -0.006779% Assessed CR Tax Rate +0.00425%
Year 2021 Assessed Value $519,500 Land Value $108,900 Improvement Value $410,600 Tax Amount $2,222.95 Change Rate -0.403881% Assessed CR Tax Rate +0.004279%
Year 2020 Assessed Value $354,000 Land Value $78,400 Improvement Value $275,600 Tax Amount $3,729.04 Change Rate +0.333333% Assessed CR Tax Rate +0.010534%
Year 2019 Assessed Value $354,000 Land Value $78,400 Improvement Value $275,600 Tax Amount $2,796.78 Change Rate -0.25% Assessed CR Tax Rate +0.007901%
Year 2018 Assessed Value $354,000 Land Value $78,400 Improvement Value $275,600 Tax Amount $3,729.04 Change Rate Assessed CR Tax Rate +0.010534%
Year 2017 Assessed Value $78,400 Land Value $78,400 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate