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Off market
  • $123,200

    462 Racine Dr #A-306, Wilmington, NC 28403

    2beds
    2baths
    690sqft
    Condo
    Built in 1984
    -- sqft lot
    $123,200 Zestimate®
    $179/sqft
    $1,442 Estimated rent

    Home value

    $123,200

    $110,000 - $137,000

    $1,442/mo

    Zestimate® history
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    Owner options

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    $1,442/mo

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    $1,442/mo

    Rent Zestimate®

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    $686/mo

    Est. payment

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    $686/mo

    Est. payment

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    What's special

    A fantastic investment! 2BD/2BA condo with one side currently tenant occupied. Positive cash flow! Each unit has their own BR/BA with private sitting area and balcony. The common area is a shared kitchen. Enjoy the pool or work out at the clubhouse fitness center. Clubhouse also provides laundry facility. Check out all the HOA fee covers. Close to UNCW, shopping, restaurants and beaches. Currently in property management agreement with no stress and a monthly check sent to owners for positive cash flow. If you choose to manage it yourself, rent is $375 per side a month!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Basement: None
    Interior area
    • Total interior livable area: 690 sqft

    Property

    Features
    • Exterior features: Stucco
    Lot
    • Size: 0.50 Acres
    Details
    • Parcel number: R05508002015148

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Other
    Condition
    • Year built: 1984

    Community & neighborhood

    Location
    • Region: Wilmington

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $115 monthly

    Price history

    DateEventPrice
    8/1/2014Sold$43,500-6.3%$63/sqft
    Source: Public Record Report a problem
    7/26/2014Pending sale$46,400$67/sqft
    Source: Listhub #144521 Report a problem
    4/12/2014Price change$46,400-7.2%$67/sqft
    Source: Listhub #144521 Report a problem
    10/23/2013Price change$50,000-12.3%$72/sqft
    Source: Listhub #144521 Report a problem
    6/14/2012Listed for sale$57,000-16.2%$83/sqft
    Source: Coldwell Banker Sea Coast Realty #478012 Report a problem
    7/25/2009Listing removed$68,000$99/sqft
    Source: Laney Real Estate Co. #434042 Report a problem
    6/6/2009Listed for sale$68,000+4.6%$99/sqft
    Source: Laney Real Estate Co. #434042 Report a problem
    2/15/2008Sold$65,000-5.5%$94/sqft
    Source: Public Record Report a problem
    6/5/2006Sold$68,750+59.9%$100/sqft
    Source: Hive MLS #30364514 Report a problem
    1/6/2005Sold$43,000$62/sqft
    Source: Hive MLS #30330060 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$787 +36.8%$133,700 +102.3%
    2024$575 +3%$66,100
    2023$559 -0.6%$66,100
    2022$562 -0.7%$66,100
    2021$566 +41.3%$66,100 +73.9%
    2020$400 $38,000
    2019$400 $38,000
    2018$400 $38,000
    2017$400 -11%$38,000 -6.4%
    2016$450 +4.6%$40,600
    2015$430 +4.4%$40,600
    2014$412 $40,600

    Find assessor info on the county website

    Neighborhood: College Acres/Autumn Hall

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: New Hanover High School
    • District: New Hanover

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $123,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $123,200