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509 Norwood St

Lenoir, NC 28645

4 bd 3 ba 4,108 sqft Built 1950 Lot 15,682 sqft single_family
Most recent sale
$372,500
May 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 5, 2022 Sold $372,500 MLS #3838920
Mar 17, 2022 Listed $375,000 MLS #3838920
Jul 24, 2003 Sold $183,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $533,700 $31,800 $565,500 $3,580
2023 $243,300 $31,800 $275,100 $1,750
2022 $243,300 $31,800 $275,100 $1,750
2021 $243,300 $31,800 $275,100 $1,751
2020 $198,700 $31,800 $230,500 $1,470
2019 $198,700 $31,800 $230,500 $1,470
2018 $198,700 $31,800 $230,500 $2,826
2017 $198,700 $31,800 $230,500 $2,826
2016 $198,700 $31,800 $230,500 $1,489
2015 $198,700 $31,800 $230,500 $1,415
2014 $198,700 $31,800 $230,500 $1,415
2013 $198,700 $31,800 $230,500 $1,415
2012 $199,000 $31,800 $230,800 $1,486
2011 $199,000 $31,800 $230,800 $2,743
2010 $199,000 $31,800 $230,800 $1,555
2009 $199,000 $31,800 $230,800 $1,555
2008 $199,000 $31,800 $230,800 $1,553

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
4,108 sqft
Lot size
15,682 sqft
ZIP code
28645
City
Lenoir
Street
Norwood St
Coordinates
35.90950, -81.53099

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,235
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 509 Norwood St last sell?
509 Norwood St most recently sold on May 5, 2022 for $372,500.
What is the current tax assessment for 509 Norwood St?
The most recent total assessment for 509 Norwood St (year 2025) is $565,500 with $3,580 in property tax.
How does 509 Norwood St's assessment compare to its last sale price?
The current assessment is 51.8% above the last sale price of $372,500.
When was 509 Norwood St built?
509 Norwood St was built in 1950.
How does 509 Norwood St compare to others on Norwood St?
We track 8 other properties on Norwood St. Browse the list under "Other properties on Norwood St" to compare beds, baths, and sale history.
What are the property facts for 509 Norwood St?
509 Norwood St is a 4 bed, 3 bath, 4,108 sqft, 15,682 sqft lot single_family.
Is 509 Norwood St a flip candidate?
No — 509 Norwood St does not appear in our flips dataset.
Is 509 Norwood St a tax-appeal candidate?
Yes — 509 Norwood St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.9%
Implied 1-yr
-11.7%
2026 Q3
$265K
2026 Q4
$255.4K
ZIP 28645 — Median Price History + Forecast

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