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Backup Offers

401 Derby Down Way, Wilmington, NC, 28409

$497,000

Home List Price

$5,902*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,346 SqFt
$212/SqFt
House
Schools Nearby

Location

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401 Derby Down Way, Wilmington$497,000

Buyer Closing Credits

$5,902*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Concrete, Garage Faces Side
Attached Garage2 spaces
Year Built1985
HeatingHeat Pump
CoolingCentral Air, Heat Pump
Fireplace1
MLS #100439538
Lot Size0.53 Acres
StatusAccepting Backup Offers
(Pending with Showings)

About 401 Derby Down Way

Do not miss this opportunity to live in the desirable Hoggard school district for less than 500k! This home sits on over half an acre and includes 3 bedrooms, 2.5 bathrooms and a FROG. There is a spacious living area with abundant natural light, beautiful kitchen with modern appliances and a dining room on the first floor. The current owners added a three-season sun room in 2023 to the back deck creating another spacious living area over looking the large fenced in backyard. 401 Derby Down Way is in a convenient location near Wade park, schools, and restaurants/shopping.

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Stories: 2
  • Living Area: 2,346 SqFt

Listing Office:

  • Office Name: Nest Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Stove, Range Hood
  • Basement: No
  • Flooring Type: Carpet, LVT/LVP, Tile
  • Interior: Ceiling Fan(s), Foyer
  • Fireplace: 1

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Concrete, Garage Faces Side

Virtual/3D Tour

  • 3D Tour: 401 Derby Down Way

3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.53 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air, Heat Pump

School Info

Assigned Schools Information:

  • John T Hoggard High School, Public District Grades 9-12
  • Isaac M Bear High School, Public District Grades 9-12
  • Wilmington Early College High School, Public District Grades 9-12
  • Roland-Grise Middle School, Public District Grades 6-8
  • Holly Tree Elementary School, Public District Grades KG-5
  • Dr John Codington Elementary School, Public District Grades KG-5
  • Dr Hubert Eaton Sr Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: turn onto Waltmoor road from college, R onto Brookshire then L onto Derby Dow Way. House will be on your left

Price Information

Listing Price Info

Price Summary:

  • List Price: $497,000
  • Price Per SqFt: $212/SqFt

Tax Information:

  • Annual Amount: $2,438
  • 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

$411.5K

Med. Price/SqFt

$237

Avg. Days On Market

41

# of Sold Homes

291

401 Derby Down Way vs Wilmington

13 DAYS ON ROCKET

-28 Days

$497,000

+$85.4K More

$212/SqFt

-$26 Less

KEY TAKEAWAY

This property is $85.4K more than the Median Sold Price and $26/SqFt less than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100439538

Listing Office:

  • Office Name: Nest Realty

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: 5/2/2024, 2:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,438$231,400
2019$2,437$231,400
2018$2,438$231,400
2017$2,144$231,400

History based on county public records data.

Payment Calculator

$2,548

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,557

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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.

Elementary School

school-card-donut-4515153
5
/10

  • Holly Tree Elementary School

  • 3020 Web Trce

  • 1.25 miles

  • Public District Grades KG-5

school-card-donut-4515154
4
/10

  • Dr John Codington Elementary School

  • 4321 Carolina Beach Rd

  • 2.06 miles

  • Public District Grades KG-5

school-card-donut-4515155
7
/10

  • Dr Hubert Eaton Sr Elementary School

  • 6701 Gordon Rd

  • 6.98 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4515156
4
/10

  • Roland-Grise Middle School

  • 4412 Lake Ave

  • 2.24 miles

  • Public District Grades 6-8

High School

school-card-donut-4515157
6
/10

  • John T Hoggard High School

  • 4305 Shipyard Blvd

  • 1.90 miles

  • Public District Grades 9-12

school-card-donut-4515158
8
/10

  • Isaac M Bear High School

  • 630 Macmillan Ave N

  • 3.12 miles

  • Public District Grades 9-12

school-card-donut-4515159
9
/10

  • Wilmington Early College High School

  • 4500 Blue Clay Rd

  • 10.35 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,049. Most Wilmington, NC residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 401 Derby Down Way

What is the listing price of this property?

The listing price of 401 Derby Down Way property is $497,000.

What type of property is this?

The property 401 Derby Down Way is a house located in Wilmington, North Carolina, 28409.

Is this property for sale now?

Accepting Backup Offers: 401 Derby Down Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 401 Derby Down Way are:
Holly Tree Elementary School: GreatSchools Rating 5/10
Dr John Codington Elementary School: GreatSchools Rating 4/10
Dr Hubert Eaton Sr Elementary School: GreatSchools Rating 7/10
Roland-Grise Middle School: GreatSchools Rating 4/10
John T Hoggard High School: GreatSchools Rating 6/10
Isaac M Bear High School: GreatSchools Rating 8/10
Wilmington Early College High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,438 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 401 Derby Down Way has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 401 Derby Down Way is 2,346 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 Derby Down Way is 1985.

Rocket Homes›North Carolina›New Hanover County›Wilmington›28409›401 Derby Down Way

This home is located at 401 Derby Down Way in Wilmington, NC and zip code 28409 in the Landsdowne neighborhood. This 2,346 square foot home, which was built in 1985, sits on a 0.53 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $497,000.

Over 72 listings were sold over their listed price in April 2024 in Wilmington, NC. In the same period over 154 listings were sold below the listed price and 65 listings were sold for the listed price. In April 2024 in Wilmington, NC there were 4% more homes for sale than in March 2024. In April 2024 median list price was $411,592 and the average listing age was 41 days.

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

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