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641 Folsom Ave; Wilmington, NC Property Details

641 Folsom Ave, Wilmington, NC is a Patio Home that was built in 2020. This property is currently a cash purchase and is for sale. Our records show that 641 Folsom Ave has 3 bedrooms, and 2 bathrooms, and a total of 2,530 square feet. The lot size of 641 Folsom Ave is 6,534 square feet.

On Market for 44 days
641 Folsom Ave Wilmington, NC 28412
$590,000 Listing Price
3 Beds
2 Baths
2,530 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2020
  • Purchase Price: $400,000
  • Est. Equity / %: $586,000 / 100%
  • Gross Yield: 7.556%
  • APN: R07000-006-639-000
  • Situs County: New Hanover
  • Length Of Ownership: 8 years

Rooms

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

Structure

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

Measurements

  • Total: 2,530/SqFt
  • Lot: 6,534/SqFt
  • Garage: 460/SqFt
  • Living: 2,530/SqFt
  • Building: 2,530/SqFt
  • Ground: 2,326/SqFt
  • Price Per Square Foot: $158.10

Legal Description

  • Description: LOT 242 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: 34.150703 / -77.929146
  • Subdivision: Riverlights Age Qualified
  • Property Class: Residential
  • Zoning: R-7,RESIDE
  • County Use Code: 10

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 3687
  • Bathroom Fixtures: 9
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Heat Pump
  • Parking: 1

Ownership Info

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

Taxes

641 Folsom Ave has 10 associated Taxes items

641 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 $634,700. The APN we've located for 641 Folsom Ave is R07000-006-639-000.

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Taxes
  • Assessed Value:  $634,700
  • Assessed Year:  2026
  • Assessed County:  New Hanover
  • APN:  R07000-006-639-000
  • Assessed Land Value:  129600
  • Market Land Value:  129600
  • Tax Amount:  3735.22
  • Tax Year:  2025
  • Market Value:  634700
  • Market Year:  2026

Tax History

641 Folsom Ave has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $634,700 Land Value $129,600 Improvement Value $505,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,735.22 Change Rate -0.015962% Assessed CR Tax Rate
Year 2024 Assessed Value $436,300 Land Value $91,300 Improvement Value $345,000 Tax Amount $3,795.81 Change Rate +0.029584% Assessed CR Tax Rate +0.0087%
Year 2023 Assessed Value $436,300 Land Value $91,300 Improvement Value $345,000 Tax Amount $3,686.74 Change Rate -0.005881% Assessed CR Tax Rate +0.00845%
Year 2022 Assessed Value $436,300 Land Value $91,300 Improvement Value $345,000 Tax Amount $3,708.55 Change Rate -0.006779% Assessed CR Tax Rate +0.0085%
Year 2021 Assessed Value $436,300 Land Value $91,300 Improvement Value $345,000 Tax Amount $3,733.86 Change Rate +3.8291% Assessed CR Tax Rate +0.008558%
Year 2020 Assessed Value $73,400 Land Value $73,400 Improvement Value Tax Amount $773.2 Change Rate Assessed CR Tax Rate +0.010534%
Year 2019 Assessed Value $73,400 Land Value $73,400 Improvement Value Tax Amount $773.2 Change Rate +15.681769% Assessed CR Tax Rate +0.010534%
Year 2018 Assessed Value $73,400 Land Value $73,400 Improvement Value Tax Amount $46.35 Change Rate Assessed CR Tax Rate +0.000631%