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40870 Cox Rd

New London, NC 28127

3 bd 2 ba 2,910 sqft Built 2006 Lot 108,464 sqft single_family
Most recent sale
$365,000
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2022 Sold $365,000 MLS #3858577
May 17, 2022 Relisted $349,999 MLS #3858577
May 11, 2022 Listed $349,999 MLS #3858577
Jan 8, 2018 Listing removed $282,500 CanopyMLS
Oct 28, 2017 Price changed $282,500 MLS #3329323
Oct 19, 2017 Listed $285,000 MLS #3329323

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $319,526 $35,100 $354,626 $2,291
2023 $182,692 $17,685 $200,377 $1,480
2022 $182,692 $17,685 $200,377 $1,512
2021 $182,692 $17,685 $200,377 $1,511
2020 $164,621 $16,245 $180,866 $1,469
2019 $164,621 $16,245 $180,866 $1,480
2018 $164,621 $16,245 $180,866 $1,423
2017 $164,621 $16,245 $180,866 $1,357
2016 $159,773 $14,400 $174,173 $1,307
2015 $159,773 $14,400 $174,173 $1,363
2014 $159,773 $14,400 $174,173 $1,307
2013 $159,773 $14,400 $174,173 $1,307
2012 $159,047 $12,105 $171,152 $1,351
2011 $159,047 $12,105 $171,152 $1,351
2010 $158,027 $12,105 $170,132 $1,342
2009 $158,027 $12,105 $170,132 $1,341
2008 $158,027 $12,105 $170,132 $1,338
2007 $135,442 $5,130 $140,572 $1,072

Property facts

Year built
2006
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,910 sqft
Lot size
108,464 sqft
ZIP code
28127
City
New London
Street
Cox Rd
Coordinates
35.42892, -80.11900

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,929
Gross rental yield
12.92%
Implied cap rate
8.40%
Trend-extrapolated value

Frequently asked questions

When did 40870 Cox Rd last sell?
40870 Cox Rd most recently sold on Jun 17, 2022 for $365,000.
What is the current tax assessment for 40870 Cox Rd?
The most recent total assessment for 40870 Cox Rd (year 2025) is $354,626 with $2,291 in property tax.
How does 40870 Cox Rd's assessment compare to its last sale price?
The current assessment is 2.8% below the last sale price of $365,000.
When was 40870 Cox Rd built?
40870 Cox Rd was built in 2006.
How does 40870 Cox Rd compare to others on Cox Rd?
We track 2 other properties on Cox Rd. Browse the list under "Other properties on Cox Rd" to compare beds, baths, and sale history.
What are the property facts for 40870 Cox Rd?
40870 Cox Rd is a 3 bed, 2 bath, 2,910 sqft, 108,464 sqft lot single_family.
Is 40870 Cox Rd a flip candidate?
No — 40870 Cox Rd does not appear in our flips dataset.
Is 40870 Cox Rd a tax-appeal candidate?
No — 40870 Cox Rd 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
+1.8%
Implied 1-yr
+7.3%
2026 Q3
$349.2K
2026 Q4
$354.9K
ZIP 28127 — Median Price History + Forecast

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