40 Somerset Rd
Arden, NC 28704
3 bd 2 ba 1,643 sqft Built 2003 Lot 15,246 sqft mobile
Most recent sale
$280,000
Jun 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 3, 2022 | Sold | $280,000 | MLS #3857553 |
| May 5, 2022 | Listed | $250,000 | MLS #3857553 |
| Apr 25, 2006 | Sold | $117,000 | Public Record |
| Mar 14, 2003 | Sold | $32,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $70,700 | $42,700 | $113,400 | $730 |
| 2024 | $70,700 | $42,700 | $113,400 | $698 |
| 2023 | $70,700 | $42,700 | $113,400 | $675 |
| 2022 | $70,700 | $42,700 | $113,400 | $664 |
| 2021 | $70,700 | $42,700 | $113,400 | $665 |
| 2020 | $49,500 | $34,100 | $83,600 | $527 |
| 2019 | $49,500 | $34,100 | $83,600 | $527 |
| 2018 | $49,500 | $34,100 | $83,600 | $526 |
| 2017 | $49,500 | $34,100 | $83,600 | $527 |
| 2016 | $71,500 | $34,100 | $105,600 | $734 |
| 2015 | $71,500 | $34,100 | $105,600 | $734 |
| 2014 | $71,500 | $34,100 | $105,600 | $734 |
| 2013 | $71,500 | $34,100 | $105,600 | $734 |
| 2012 | $78,600 | $34,200 | $112,800 | $680 |
| 2011 | $78,600 | $34,200 | $112,800 | $680 |
| 2010 | $78,600 | $34,200 | $112,800 | $680 |
| 2009 | $78,600 | $34,200 | $112,800 | $680 |
| 2008 | $78,600 | $34,200 | $112,800 | $680 |
| 2007 | $78,600 | $34,200 | $112,800 | $680 |
Property facts
Year built
2003
Property type
mobile
Stories
2
Beds
3
Baths
2
Living area
1,643 sqft
Lot size
15,246 sqft
ZIP code
28704
City
Arden
Street
Somerset Rd
Coordinates
35.45103, -82.50080
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,218
Gross rental yield
9.51%
Implied cap rate
6.18%
Trend-extrapolated value
—
Frequently asked questions
When did 40 Somerset Rd last sell?
40 Somerset Rd most recently sold on Jun 3, 2022 for $280,000.
What is the current tax assessment for 40 Somerset Rd?
The most recent total assessment for 40 Somerset Rd (year 2025) is $113,400 with $730 in property tax.
How does 40 Somerset Rd's assessment compare to its last sale price?
The current assessment is 59.5% below the last sale price of $280,000.
When was 40 Somerset Rd built?
40 Somerset Rd was built in 2003.
How does 40 Somerset Rd compare to others on Somerset Rd?
We track 6 other properties on Somerset Rd. Browse the list under "Other properties on Somerset Rd" to compare beds, baths, and sale history.
What are the property facts for 40 Somerset Rd?
40 Somerset Rd is a 3 bed, 2 bath, 1,643 sqft, 15,246 sqft lot mobile.
Is 40 Somerset Rd a flip candidate?
No — 40 Somerset Rd does not appear in our flips dataset.
Is 40 Somerset Rd a tax-appeal candidate?
No — 40 Somerset Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.9%
Implied 1-yr
+11.5%
2026 Q3
$1.08M
2026 Q4
$1.11M
ZIP 28704 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Somerset Rd