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CondominiumResidential

462 Racine Dr

WILMINGTON, NC 28403
1984
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 19843 floors29 units694–753 ft²
$2.6M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$100K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$142
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-49.7%vs the Wilmington ZIP median sale $/ft² ($283)

Sales Performance

$130K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
+1.6%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
2
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
6.9%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+3.0%per yeartypical hold 6.6 yrsfrom 20 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20052008201120142017202020232026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20052008201120142017202020232026

46 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$87K$107K$127K$147K694 ft²706 ft²718 ft²729 ft²741 ft²753 ft²
2 bd
2 bed
29 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 2 ba · 694 ft²
17 units
2 bd · 2 ba · 753 ft²
12 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$87K–$89K
9 units
$97K–$100K
5 units
$105K–$109K
6 units
$110K–$110K
1 unit
$122K–$122K
1 unit
$125K–$130K
2 units
$147K–$147K
1 unit

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floor 1
$145/ft²
Floor 2
$153/ft²
Floor 3
$133/ft²
Unit lines by $/ft²Condo units stacked vertically share a unit line — the last digits of the unit number (like 05 in 1205, 1305, 1405). Lines share a layout and exposure, so comparing estimated $/ft² by line shows which position in the building commands a premium.
Line ·05
$166/ft²
Line ·03
$155/ft²
Line ·08
$137/ft²
Line ·02
$130/ft²
Line ·10
$118/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.4%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.46%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.10.8 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.83%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.3%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$106,358
Median tax billThe middle annual property tax bill among the building's units.$787
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 303AJun 10, 2026$130,000Unit 201ANov 24, 2025$130,000Unit 203ANov 19, 2024$128,000Unit 207AAug 30, 2023$125,000Unit 107AApr 20, 2023$101,000Unit 106AFeb 28, 2023$97,000Unit 203AJul 8, 2021$93,000Unit 202AOct 16, 2020$68,500Unit 202AJul 10, 2020$130,500Unit 209ADec 27, 2019$61,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.24 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyNew Hanover
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Footing
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Heat Pump
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
College Park Elementary SchoolC-
Elementary · Grades KG–5 · 0.6 mi
H
New Hanover High SchoolD+
High · Grades 9–12 · 3.5 mi
M
Williston Middle SchoolB-
Middle · Grades 6–8 · 3.6 mi

District: New Hanover County Schools

Neighborhood · ZIP 28403These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.103
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.86
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.64

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.32%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.17%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.41,836
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,893 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$61,488
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$83,711
Average tempThe average temperature here across a full year.63°F
Annual precipHow much rain and melted snow falls here in a typical year.58 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.63%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

462 Racine Dr Apt 101a
2 bd · 2 ba · 753 ft²
$97K
462 Racine Dr Apt 102a
2 bd · 2 ba · 753 ft²
$98K
462 Racine Dr Apt 103a
2 bd · 2 ba · 694 ft²
$87K
462 Racine Dr Apt 104a
2 bd · 2 ba · 694 ft²
$110K
462 Racine Dr Apt 105a
2 bd · 2 ba · 694 ft²
$147K
462 Racine Dr Apt 106a
2 bd · 2 ba · 694 ft²
$108K
462 Racine Dr Apt 107a
2 bd · 2 ba · 694 ft²
462 Racine Dr # 108a
2 bd · 2 ba · 694 ft²
$89K
462 Racine Dr Apt 109a
2 bd · 2 ba · 753 ft²
$109K
462 Racine Dr Apt 110a
2 bd · 2 ba · 753 ft²
$89K
462 Racine Dr Apt 201a
2 bd · 2 ba · 753 ft²
462 Racine Dr Apt 202a
2 bd · 2 ba · 753 ft²
$107K
462 Racine Dr Apt 203a
2 bd · 2 ba · 694 ft²
$130K
462 Racine Dr Apt 204a
2 bd · 2 ba · 694 ft²
$100K
462 Racine Dr Apt 205a
2 bd · 2 ba · 694 ft²
$109K
462 Racine Dr Apt 206a
2 bd · 2 ba · 694 ft²
$106K
462 Racine Dr Apt 207a
2 bd · 2 ba · 694 ft²
$122K
462 Racine Dr Apt 208a
2 bd · 2 ba · 694 ft²
$100K
462 Racine Dr Apt 209a
2 bd · 2 ba · 753 ft²
462 Racine Dr Apt 210a
2 bd · 2 ba · 753 ft²
$88K
462 Racine Dr Apt 301a
2 bd · 2 ba · 753 ft²
$87K
462 Racine Dr Apt 302a
2 bd · 2 ba · 753 ft²
$89K
462 Racine Dr # 303a
2 bd · 2 ba · 694 ft²
$105K
462 Racine Dr # 305a
2 bd · 2 ba · 694 ft²
$89K
462 Racine Dr Apt 306a
2 bd · 2 ba · 694 ft²
462 Racine Dr # 307a
2 bd · 2 ba · 694 ft²
$125K
462 Racine Dr Apt 308a
2 bd · 2 ba · 694 ft²
$97K
462 Racine Dr Apt 309a
2 bd · 2 ba · 753 ft²
$89K
462 Racine Dr Apt 310a
2 bd · 2 ba · 753 ft²
$89K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 462 Racine Dr

How many units are in 462 Racine Dr, Wilmington, NC?

462 Racine Dr, Wilmington, NC has 29 residential units across 3 floors, built in 1984, according to county assessor records.

What is a unit at 462 Racine Dr, Wilmington, NC worth?

The median TopHap Estimate across the 29 units at 462 Racine Dr, Wilmington, NC is $99,536. That works out to $142 per square foot. Units run from 694 to 753 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 462 Racine Dr, Wilmington, NC expensive for Wilmington?

Units at 462 Racine Dr, Wilmington, NC carry a median of $142 per square foot, 50% below the Wilmington median of $283 per square foot.

How often do units sell at 462 Racine Dr, Wilmington, NC?

2 units at 462 Racine Dr, Wilmington, NC sold in the last 12 months, out of 46 recorded arms-length sales all time. That is a turnover rate of 6.9% of the building per year. The median sale over that period was $130K.

Have units at 462 Racine Dr, Wilmington, NC appreciated?

Across 20 repeat sales of the same unit, 462 Racine Dr, Wilmington, NC returned a median 3.0% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 6.6 years.

What floor plans does 462 Racine Dr, Wilmington, NC have?

The most common plan at 462 Racine Dr, Wilmington, NC is a 2-bedroom of 694 square feet, repeated 17 times, with a median estimate of $106,230. TopHap identifies 2 recurring plans in the building.

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