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407 Grantham Rd

New Bern, NC 28560

2 bd 2 ba 1,056 sqft Built 1950 Lot 14,810 sqft single_family
Most recent sale
$45,000
Apr 18, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 17, 2024 Sold $185,000 HiveMLS
Mar 22, 2024 Listed $195,000 NCRMLS
Apr 18, 2023 Sold $45,000 NCRNeuseRiver
Mar 10, 2023 Listed $45,000 NCRNeuseRiver

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $114,290 $26,500 $140,790 $633
2024 $114,290 $26,500 $140,790 $633
2022 $30,910 $26,500 $57,410 $395
2021 $30,910 $26,500 $57,410 $395
2020 $30,910 $26,500 $57,410 $389
2019 $30,910 $26,500 $57,410 $389
2018 $30,910 $26,500 $57,410 $360
2017 $30,910 $26,500 $57,410 $361
2016 $30,910 $26,500 $57,410 $358
2015 $38,020 $31,000 $69,020 $371
2014 $38,020 $31,000 $69,020 $370
2013 $38,020 $31,000 $69,020 $370
2012 $38,020 $31,000 $69,020 $372
2011 $38,020 $31,000 $69,020 $374
2009 $21,880 $10,400 $32,280 $240

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,056 sqft
Lot size
14,810 sqft
ZIP code
28560
City
New Bern
Street
Grantham Rd
Coordinates
35.06671, -77.01926

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
$270
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 407 Grantham Rd last sell?
407 Grantham Rd most recently sold on Apr 18, 2023 for $45,000.
What is the current tax assessment for 407 Grantham Rd?
The most recent total assessment for 407 Grantham Rd (year 2025) is $140,790 with $633 in property tax.
How does 407 Grantham Rd's assessment compare to its last sale price?
The current assessment is 212.9% above the last sale price of $45,000.
When was 407 Grantham Rd built?
407 Grantham Rd was built in 1950.
How does 407 Grantham Rd compare to others on Grantham Rd?
We track 8 other properties on Grantham Rd. Browse the list under "Other properties on Grantham Rd" to compare beds, baths, and sale history.
What are the property facts for 407 Grantham Rd?
407 Grantham Rd is a 2 bed, 2 bath, 1,056 sqft, 14,810 sqft lot single_family.
Is 407 Grantham Rd a flip candidate?
Yes — 407 Grantham Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 407 Grantham Rd a tax-appeal candidate?
Yes — 407 Grantham Rd 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
-8.4%
Implied 1-yr
-33.4%
2026 Q3
$201.4K
2026 Q4
$201.4K
ZIP 28560 — Median Price History + Forecast

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