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$269,900
Property Description
993 Downey Branch Lane is a 3 bedroom, 3 full bath two-story townhouse sitting right in the middle of Wilmington's midtown. You're a few minutes from UNCW, a short drive to Wrightsville Beach, and have easy access to everything historic downtown has to offer. Every bedroom has its own en suite bathroom, which is genuinely hard to find at this price point and makes the property work well for a wide range of buyers -- students, roommates, a small family, or someone who just wants their own space. The unit is currently rented at $1,800 a month with the tenant in place through the end of July, so there's immediate income for anyone buying as an investment. The HOA handles all exterior maintenance including the roof, the HVAC is about 6 years old, and the LVP flooring was updated a few years back. It needs some paint and light cosmetic work, but the major stuff is already taken care of. At 1,274 square feet, it lives comfortably and the two-story layout gives it a real home feel rather than a flat apartment setup. This is a property that works a lot of different ways -- hold it as a rental, move in after July, use it as a second home base in Wilmington, or set it up for an incoming UNCW student.
Full Property Details
Full Property Details for 993 Downey Branch Ln
General
- Price: $269,900
- HOA FEE: $250/month
- HOA FEE FREQ.: Annually
- Taxes: $1,602 (2025)
- Status: Active
- Type: Townhouse
- Source: 2253
- MLS ID: 100564267
- Updated: 5/13/2026
- Added to Site: 43 day(s) ago
Rental Information
- Lease/Rent Term: Month To Month
Interior
- Number of Rooms: 6
- Interior Features: None
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Primary Living Area
Additional Information
- Shared Amenities: Maintenance Common Areas, Management, Master Insure
Exterior
- Exterior Features: None
- Porch/Patio/Deck: Patio
Parking
- Parking Features: Off Street, On Site, Paved
Location
- County: New Hanover
- Subdivision: Wilshire Townhouses
- Driving Directions: From UNCW on the left off Wilshire into Wilshire Townhomes, then veer right, unit is near the end on the left.
School Information
- High School District: New Hanover
- Elementary School: Winter Park
- Middle School: Williston
- High School: Hoggard
Community
- Association: Yes
- Assoc. Name: Wilshire Townhomes Owners Association
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Heat Pump
- Heating Type: Heat Pump, Electric, Forced Air
Utilities
- Sewer: Municipal Sewer, City/Town
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Structure Type: Townhouse, Wood Frame, Stick Built
- Construction: Brick Veneer, Wood Frame
- Basement Desc.: None
- Roof: Shingle
- Square Feet: 1,274
- Year Built: 2005
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 1,000
- Lot Dimensions: irreq
- Frontage: Paved, Paved
- Zoning: MD-17
- Fencing (Description): None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $211.85
- Association Fee: $3,000
- Assoc Fee Freq.: Annually
- Assessment Amount: $272,300
- Tax Amount: $1,602.49
- Tax Year: 2025
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LOT 7G PH 2 WILSHIRE TOWNHOMES
- Property ID: R05514-001-084-000
- Lot Number: 7G
Listed by Aloha Wilmington Real Estate, Christian A Cardamone
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Schools
Schools serving 993 Downey Branch Ln
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Winter Park Model Elementary 204 MacMillan Avenue, Wilmington, NC 28403 | K-5 | 1.1 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 2.3 mi |
John T Hoggard High 4305 Shipyard Boulevard, Wilmington, NC 28403 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 993 Downey Branch Ln
Date
Details
Price
Change
Source
4/01/2026
Listed
$269,900
137.8%
MLS
2/05/2016
Sold
$113,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 993 Downey Branch Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,602
8%
$272,300
59%
2024
$1,487
3%
$170,900
—
2023
$1,444
-1%
$170,900
—
2021
$1,463
1%
$170,900
—
2022
$1,453
-1%
$170,900
55%
2021
$1,463
26%
$110,200
—
2017
$1,161
—
$110,200
—
2019
$1,161
29%
$110,200
36%
2016
$901
5%
$81,300
—
2015
$861
4%
$81,300
—
2014
$824
1%
$81,300
—
2013
$816
—
$81,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 993 Downey Branch Ln
993 Downey Branch Lane, Wilmington, NC 28403 (MLS# 100564267) is a Townhouse property with 3 bedrooms and 3 full bathrooms. 993 Downey Branch Lane is currently listed for $269,900 and was received on April 01, 2026. Want to learn more about 993 Downey Branch Lane? Do you have questions about finding other Townhouse real estate for sale in Chestnut Heights - Princess Place? You can browse all Chestnut Heights - Princess Place real estate or contact a Coldwell Banker agent to request more information.
