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640 Folsom Ave; Wilmington, NC Property Details

640 Folsom Ave, Wilmington, NC is a Patio Home that was built in 2018. This property is currently Cash Purchase,New Construction and is not for sale. Our records show that 640 Folsom Ave has 3 bedrooms, and 3 bathrooms, and a total of 2,196 square feet. The lot size of 640 Folsom Ave is 5,227 square feet.

Off market
640 Folsom Ave Wilmington, NC 28412
$458,100 Estimated Value
3 Beds
3 Baths
2,196 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2018
  • Purchase Price: $382,500
  • Est. Equity / %: $722,000 / 100%
  • Gross Yield: 4.288%
  • APN: R07000-006-612-000
  • Situs County: New Hanover
  • Length Of Ownership: 8 years, 1 months

Rooms

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

Structure

  • Stories: 2
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C+
  • Porch Type: Open

Measurements

  • Total: 2,196/SqFt
  • Lot: 5,227/SqFt
  • Gross: 2,196/SqFt
  • Garage: 440/SqFt
  • Living: 2,196/SqFt
  • Basement: 600/SqFt
  • Building: 2,196/SqFt
  • Ground: 1,596/SqFt
  • Basement Finished: 600/SqFt
  • Price Per Square Foot: $174.18

Legal Description

  • Description: LOT 215 PH II RIVERLIGHTS DEL WEBB
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: 34.15048 / -77.9295
  • Subdivision: Plat Of Riverlights Del Webb
  • Property Class: Residential
  • Zoning: R-7,RESIDE
  • County Use Code: 10

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3687
  • Bathroom Fixtures: 13
  • Cooling: Central
  • Garage: Garage
  • Heating: Heat Pump

Ownership Info

640 Folsom Ave has no associated ownership info
640 Folsom Ave has no associated ownership info.

Taxes

640 Folsom Ave has 10 associated Taxes items

640 Folsom 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 $458,100. The APN we've located for 640 Folsom Ave is R07000-006-612-000.

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Taxes
  • Assessed Value:  $458,100
  • Assessed Year:  2026
  • Assessed County:  New Hanover
  • APN:  R07000-006-612-000
  • Assessed Land Value:  125800
  • Market Land Value:  125800
  • Tax Amount:  2695.92
  • Tax Year:  2025
  • Market Value:  458100
  • Market Year:  2026

Tax History

640 Folsom Ave has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $458,100 Land Value $125,800 Improvement Value $332,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,695.92 Change Rate -0.128093% Assessed CR Tax Rate
Year 2024 Assessed Value $355,400 Land Value $86,700 Improvement Value $268,700 Tax Amount $3,091.98 Change Rate +0.029586% Assessed CR Tax Rate +0.0087%
Year 2023 Assessed Value $355,400 Land Value $86,700 Improvement Value $268,700 Tax Amount $3,003.13 Change Rate -0.005882% Assessed CR Tax Rate +0.00845%
Year 2022 Assessed Value $355,400 Land Value $86,700 Improvement Value $268,700 Tax Amount $3,020.9 Change Rate -0.006776% Assessed CR Tax Rate +0.0085%
Year 2021 Assessed Value $355,400 Land Value $86,700 Improvement Value $268,700 Tax Amount $3,041.51 Change Rate +0.074955% Assessed CR Tax Rate +0.008558%
Year 2020 Assessed Value $268,600 Land Value $70,400 Improvement Value $198,200 Tax Amount $2,829.43 Change Rate Assessed CR Tax Rate +0.010534%
Year 2019 Assessed Value $70,400 Land Value $70,400 Improvement Value Tax Amount $2,829.43 Change Rate Assessed CR Tax Rate +0.040191%
Year 2018 Assessed Value $70,400 Land Value $70,400 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate