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7205 Gray Gables Ln; Wilmington, NC Property Details

7205 Gray Gables Ln, Wilmington, NC is a Single Family that was built in 1996. This property is not for sale. Our records show that 7205 Gray Gables Ln has 3 bedrooms, and 4.5 bathrooms, and a total of 4,888 square feet. The lot size of 7205 Gray Gables Ln is 20,473 square feet.

Off market
7205 Gray Gables Ln Wilmington, NC 28403
$1,790,000 Estimated Value
3 Beds
4.5 Baths
4,888 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1996
  • Purchase Price: $220,000
  • Est. Equity / %: $2,606,000 / 100%
  • Gross Yield: 1.034%
  • APN: R05713-016-003-000
  • Situs County: New Hanover
  • Length Of Ownership: 30 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 4.5
  • Full Bathrooms: 4
  • Partial Bathrooms: 1

Structure

  • Stories: 1.75
  • Exterior Wall Type: Brick veneer
  • Building Condition: Good
  • Building Quality: B
  • Porch Type: Open
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 4,888/SqFt
  • Lot: 20,473/SqFt
  • Garage: 1,050/SqFt
  • Living: 4,888/SqFt
  • Basement: 2,343/SqFt
  • Building: 4,888/SqFt
  • Ground: 2,343/SqFt
  • Basement Finished: 2,343/SqFt
  • Price Per Square Foot: $45.01

Legal Description

  • Description: LT 13 GRAY GABLES
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: 34.217407 / -77.81937
  • Subdivision: Gray Gables
  • Property Class: Residential
  • Zoning: R-20,RESID
  • County Use Code: 10

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3796
  • Bathroom Fixtures: 4
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Central
  • Parking: 1

HOA

  • H O A One: $1,000
  • H O A Amount: $1,000
  • H O A One Type: Planned Unit Development

Ownership Info

7205 Gray Gables Ln has no associated ownership info
7205 Gray Gables Ln has no associated ownership info.

Taxes

7205 Gray Gables Ln has 8 associated Taxes items

7205 Gray Gables Ln, 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 $1,790,000. The APN we've located for 7205 Gray Gables Ln is R05713-016-003-000.

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Taxes
  • Assessed Value:  $1,790,000
  • Assessed Year:  2026
  • Assessed County:  New Hanover
  • APN:  R05713-016-003-000
  • Assessed Land Value:  506600
  • Market Land Value:  506600
  • Market Value:  1790000
  • Market Year:  2026

Tax History

7205 Gray Gables Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,790,000 Land Value $506,600 Improvement Value $1,283,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $1,790,000 Land Value $506,600 Improvement Value $1,283,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $1,394,600 Land Value $309,300 Improvement Value $1,085,300 Tax Amount $12,133.02 Change Rate +0.029586% Assessed CR Tax Rate +0.0087%
Year 2023 Assessed Value $1,394,600 Land Value $309,300 Improvement Value $1,085,300 Tax Amount $11,784.37 Change Rate -0.005882% Assessed CR Tax Rate +0.00845%
Year 2022 Assessed Value $1,394,600 Land Value $309,300 Improvement Value $1,085,300 Tax Amount $11,854.1 Change Rate -0.006778% Assessed CR Tax Rate +0.0085%
Year 2021 Assessed Value $1,394,600 Land Value $309,300 Improvement Value $1,085,300 Tax Amount $11,934.99 Change Rate +0.053852% Assessed CR Tax Rate +0.008558%
Year 2020 Assessed Value $1,075,100 Land Value $307,200 Improvement Value $767,900 Tax Amount $11,325.11 Change Rate Assessed CR Tax Rate +0.010534%
Year 2019 Assessed Value $1,075,100 Land Value $307,200 Improvement Value $767,900 Tax Amount $11,325.11 Change Rate Assessed CR Tax Rate +0.010534%
Year 2018 Assessed Value $1,075,100 Land Value $307,200 Improvement Value $767,900 Tax Amount $11,325.11 Change Rate +0.000001% Assessed CR Tax Rate +0.010534%
Year 2017 Assessed Value $1,075,100 Land Value $307,200 Improvement Value $767,900 Tax Amount $11,325.1 Change Rate +0.172291% Assessed CR Tax Rate +0.010534%
Year 2016 Assessed Value $871,900 Land Value $230,400 Improvement Value $641,500 Tax Amount $9,660.66 Change Rate +0.04627% Assessed CR Tax Rate +0.01108%
Year 2015 Assessed Value $871,900 Land Value $230,400 Improvement Value $641,500 Tax Amount $9,233.43 Change Rate +0.044379% Assessed CR Tax Rate +0.01059%
Year 2014 Assessed Value $871,900 Land Value $230,400 Improvement Value $641,500 Tax Amount $8,841.07 Change Rate Assessed CR Tax Rate +0.01014%