1018 Red Drum Way
New Bern, NC 28562
5 bd 4 ba 2,920 sqft Built 2023 Lot 20,038 sqft single_family
Most recent sale
$425,500
Mar 18, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 18, 2024 | Sold | $425,500 | NCRMLS |
| Feb 6, 2024 | Price changed | $425,500 | NCRMLS |
| Sep 28, 2023 | Listed | $425,000 | NCRMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $366,370 | $45,000 | $411,370 | $2,096 |
| 2023 | — | $38,250 | $38,250 | $184 |
Property facts
Year built
2023
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
2,920 sqft
Lot size
20,038 sqft
ZIP code
28562
City
New Bern
Street
Red Drum Way
Coordinates
35.00847, -77.03440
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
$3,942
Gross rental yield
11.12%
Implied cap rate
7.23%
Trend-extrapolated value
—
Frequently asked questions
When did 1018 Red Drum Way last sell?
1018 Red Drum Way most recently sold on Mar 18, 2024 for $425,500.
What is the current tax assessment for 1018 Red Drum Way?
The most recent total assessment for 1018 Red Drum Way (year 2024) is $411,370 with $2,096 in property tax.
How does 1018 Red Drum Way's assessment compare to its last sale price?
The current assessment is 3.3% below the last sale price of $425,500.
When was 1018 Red Drum Way built?
1018 Red Drum Way was built in 2023.
How does 1018 Red Drum Way compare to others on Red Drum Way?
We track 8 other properties on Red Drum Way. Browse the list under "Other properties on Red Drum Way" to compare beds, baths, and sale history.
What are the property facts for 1018 Red Drum Way?
1018 Red Drum Way is a 5 bed, 4 bath, 2,920 sqft, 20,038 sqft lot single_family.
Is 1018 Red Drum Way a flip candidate?
No — 1018 Red Drum Way does not appear in our flips dataset.
Is 1018 Red Drum Way a tax-appeal candidate?
No — 1018 Red Drum Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$372.9K
2026 Q4
$376K
ZIP 28562 — Median Price History + Forecast
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Geography
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