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406 Arbor Way; Wilmington, NC Property Details

406 Arbor Way, Wilmington, NC is a Single Family that was built in 1968. This property is currently a cash purchase and is for sale. Our records show that 406 Arbor Way has 3 bedrooms, and 2 bathrooms, and a total of 1,635 square feet. The lot size of 406 Arbor Way is 17,424 square feet.

On Market for 13 days
406 Arbor Way Wilmington, NC 28409
$489,000 Listing Price
3 Beds
2 Baths
1,635 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1968
  • Purchase Price: $427,000
  • Est. Equity / %: $461,000 / 100%
  • Gross Yield: 6.547%
  • APN: R06209-001-022-000
  • Situs County: New Hanover
  • Length Of Ownership: 2 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Condition: Excellent
  • Building Quality: C
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 1,635/SqFt
  • Lot: 17,424/SqFt
  • Garage: 378/SqFt
  • Living: 1,635/SqFt
  • Basement: 1,635/SqFt
  • Building: 1,635/SqFt
  • Ground: 1,635/SqFt
  • Basement Finished: 1,635/SqFt
  • Price Per Square Foot: $261.16

Legal Description

  • Description: LOT 17 SEC H PINEY WOODS
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: 34.204403 / -77.8685
  • Subdivision: Piney Woods Sec H
  • Property Class: Residential
  • Zoning: R-15,RESID
  • County Use Code: 10

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 5726
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Heat Pump
  • Parking: 1

Ownership Info

406 Arbor Way has no associated ownership info
406 Arbor Way has no associated ownership info.

Taxes

406 Arbor Way has 8 associated Taxes items

406 Arbor Way, 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 $421,100. The APN we've located for 406 Arbor Way is R06209-001-022-000.

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Taxes
  • Assessed Value:  $421,100
  • Assessed Year:  2026
  • Assessed County:  New Hanover
  • APN:  R06209-001-022-000
  • Assessed Land Value:  108900
  • Market Land Value:  108900
  • Market Value:  421100
  • Market Year:  2026

Tax History

406 Arbor Way has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $421,100 Land Value $108,900 Improvement Value $312,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $421,100 Land Value $108,900 Improvement Value $312,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $253,800 Land Value $80,500 Improvement Value $173,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $253,800 Land Value $80,500 Improvement Value $173,300 Tax Amount $1,072.31 Change Rate -0.005887% Assessed CR Tax Rate +0.004225%
Year 2022 Assessed Value $253,800 Land Value $80,500 Improvement Value $173,300 Tax Amount $1,078.66 Change Rate -0.006777% Assessed CR Tax Rate +0.00425%
Year 2021 Assessed Value $253,800 Land Value $80,500 Improvement Value $173,300 Tax Amount $1,086.02 Change Rate -0.416874% Assessed CR Tax Rate +0.004279%
Year 2020 Assessed Value $176,800 Land Value $55,000 Improvement Value $121,800 Tax Amount $1,862.41 Change Rate Assessed CR Tax Rate +0.010534%
Year 2019 Assessed Value $173,800 Land Value $55,000 Improvement Value $118,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $173,800 Land Value $55,000 Improvement Value $118,800 Tax Amount $1,830.81 Change Rate Assessed CR Tax Rate +0.010534%
Year 2017 Assessed Value $173,800 Land Value $55,000 Improvement Value $118,800 Tax Amount $1,830.81 Change Rate +0.406865% Assessed CR Tax Rate +0.010534%
Year 2016 Assessed Value $156,600 Land Value $55,000 Improvement Value $101,600 Tax Amount $1,301.34 Change Rate -0.215299% Assessed CR Tax Rate +0.00831%
Year 2015 Assessed Value $156,600 Land Value $55,000 Improvement Value $101,600 Tax Amount $1,658.39 Change Rate +0.044379% Assessed CR Tax Rate +0.01059%
Year 2014 Assessed Value $156,600 Land Value $55,000 Improvement Value $101,600 Tax Amount $1,587.92 Change Rate Assessed CR Tax Rate +0.01014%