2 months on rocket

923 Downey Branch Ln, Wilmington, NC, 28403

$285,000

Home List Price

$3,384*

Closing Credit

3 Bedrooms
3 Full Baths
1,230 SqFt
$232/SqFt
Townhouse

Location

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923 Downey Branch Ln, Wilmington$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAssigned
Year Built2005
HeatingHeat Pump
CoolingCentral Air
FireplaceNone
MLS #100467032
Lot Size0.02 Acres
StatusActive

About 923 Downey Branch Ln

This well-maintained townhouse is conveniently located near UNCW as well as easy access to area beaches and Historic Downtown Wilmington. Upon entering the front door you'll find a first floor bedroom as well as bath. Flowing into the living area there is a spacious kitchen followed by the open dining and living room area. Beyond the living room the sliding glass doors lead onto the private back deck; perfect for decompressing after a long day. Upstairs you'll find two additional bedrooms both with adjoining baths. Enjoy easy Carolina living in this low-maintenance property or invest in passive income. New Carpet and paint recently completed for easy move in!

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 2
  • Living Area: 1,230 SqFt

Listing Office:

  • Office Name: Keller Williams Innovate-Wilmington

Interior Features

Interior Information:

  • Flooring Type: Carpet, Wood
  • Interior: 9Ft+ Ceilings, Ceiling Fan(s), Blinds/Shades
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take College Rd to Wilshire near UNCW. Cross over Kerr Ave and stay on Wilshire about a half mile to Downey Branch Lane on left side. Unit #923 is to the left after entrance.

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $232/SqFt

Tax Information:

  • Annual Amount: $1,161
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Wilmington, NC.

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Wilmington, NC

City

Med. Sold Price

$425.5K

Med. Price/SqFt

$244

Avg. Days On Market

44

# of Sold Homes

265

923 Downey Branch Ln vs Wilmington

62 DAYS ON ROCKET

+18 Days

$285,000

-$140.5K Less

$232/SqFt

-$13 Less

KEY TAKEAWAY

This property is $140.5K less than the Median Sold Price and $13/SqFt less than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100467032

Listing Office:

  • Office Name: Keller Williams Innovate-Wilmington

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 06, 2019Home Sold
$155,000
Nov 14, 2005Home Sold
$157,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,161$110,200
2019$1,160$110,200
2018$1,161$110,200
2017$901$110,200

History based on county public records data.

Payment Calculator

$1,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-202759
8
/10

  • Winter Park Elementary School

  • 204 S MacMillan Ave

  • 1.01 miles

  • Public District Grades KG-5

school-card-donut-202760
1
/10

  • Forest Hills Global Elementary School

  • 602 Colonial Dr

  • 1.26 miles

  • Public District Grades KG-5

school-card-donut-202761
4
/10

  • Edwin A Alderman Elementary School

  • 2025 Independence Blvd

  • 1.34 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,125. Typical income of Wilmington, NC residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 923 Downey Branch Ln

What is the listing price of this property?

The listing price of 923 Downey Branch Ln property is $285,000.

What type of property is this?

The property 923 Downey Branch Ln is a townhouse located in Wilmington, North Carolina, 28403.

Is this property for sale now?

Active Listing: 923 Downey Branch Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,161 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 6, 2019 for $155,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 923 Downey Branch Ln has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 923 Downey Branch Ln is 1,230 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 923 Downey Branch Ln is 2005.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28403›923 Downey Branch Ln

This home is located at 923 Downey Branch Ln in Wilmington, NC and zip code 28403 in the Midtown neighborhood. This 1,230 square foot home, which was built in 2005, sits on a 0.02 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $285,000.

In October 2024 more than 46 listings in Wilmington, NC were sold above the asking price. During the same period more than 66 listings were sold at asking price, while more than 153 were sold below. The inventory of homes for sale in Wilmington, NC between September 2024 and October 2024 increased by 3.5%. In October 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $425,528.

From Rocket Homes Real Estate and based on county public records data.

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