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405 London St

Morganton, NC 28655

5 bd 3 ba 2,715 sqft Built 1939 Lot 20,038 sqft single_family
Most recent sale
$389,900
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2022 Sold $389,900 MLS #3835612
Mar 5, 2022 Listed $389,900 MLS #3835612
Jul 3, 2001 Sold $143,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $376,695 $22,080 $398,775 $3,342
2023 $376,695 $22,080 $398,775 $3,477
2022 $166,790 $13,800 $180,590 $1,951
2021 $166,790 $13,800 $180,590 $1,945
2020 $166,790 $13,800 $180,590 $1,959
2019 $156,214 $13,800 $170,014 $1,848
2018 $148,061 $13,800 $161,861 $1,795
2017 $148,061 $13,800 $161,861 $1,810
2016 $148,061 $13,800 $161,861 $1,894
2015 $148,061 $13,800 $161,861 $1,818
2014 $148,061 $13,800 $161,861 $1,646
2013 $148,061 $13,800 $161,861 $1,646
2012 $175,388 $13,800 $189,188 $1,611
2011 $175,388 $13,800 $189,188 $1,553
2010 $175,388 $13,800 $189,188 $1,552
2009 $175,388 $13,800 $189,188 $1,549
2008 $165,596 $13,800 $179,396 $1,472
2007 $165,596 $13,800 $179,396 $1,466

Property facts

Year built
1939
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,715 sqft
Lot size
20,038 sqft
ZIP code
28655
City
Morganton
Street
London St
Coordinates
35.72438, -81.77515

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
$3,665
Gross rental yield
11.28%
Implied cap rate
7.33%
Trend-extrapolated value

Frequently asked questions

When did 405 London St last sell?
405 London St most recently sold on Apr 22, 2022 for $389,900.
What is the current tax assessment for 405 London St?
The most recent total assessment for 405 London St (year 2025) is $398,775 with $3,342 in property tax.
How does 405 London St's assessment compare to its last sale price?
The current assessment is 2.3% above the last sale price of $389,900.
When was 405 London St built?
405 London St was built in 1939.
How does 405 London St compare to others on London St?
We track 7 other properties on London St. Browse the list under "Other properties on London St" to compare beds, baths, and sale history.
What are the property facts for 405 London St?
405 London St is a 5 bed, 3 bath, 2,715 sqft, 20,038 sqft lot single_family.
Is 405 London St a flip candidate?
No — 405 London St does not appear in our flips dataset.
Is 405 London St a tax-appeal candidate?
No — 405 London St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.3%
Implied 1-yr
+13.3%
2026 Q3
$360.7K
2026 Q4
$370.6K
ZIP 28655 — Median Price History + Forecast

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