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120 Elm St

New London, NC 28127

2 bd 1 ba 408 sqft Built 1988 Lot 5,663 sqft mobile
Most recent sale
$91,500
Mar 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2024 Price changed $169,000 CanopyMLS
Feb 28, 2024 Listed $175,000 CanopyMLS
Mar 8, 2022 Sold $91,500 Public Record
Jul 28, 2020 Sold $53,000 Public Record
Aug 16, 2019 Sold $52,000 CanopyMLS
Apr 23, 2019 Price changed $54,990 CanopyMLS
Aug 17, 2018 Listed $58,000 CanopyMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $17,522 $35,308 $52,830 $361
2024 $17,522 $35,308 $52,830 $361
2023 $17,522 $35,308 $52,830 $361
2022 $17,522 $35,308 $52,830 $361
2021 $17,522 $35,308 $52,830 $353
2020 $17,522 $35,308 $52,830 $353
2018 $23,800 $11,700 $35,500 $239
2017 $23,800 $11,700 $35,500 $239
2016 $23,800 $11,700 $35,500 $239
2015 $23,800 $11,700 $35,500 $239
2014 $23,783 $11,700 $35,500 $223

Property facts

Year built
1988
Property type
mobile
Stories
Beds
2
Baths
1
Living area
408 sqft
Lot size
5,663 sqft
ZIP code
28127
City
New London
Street
Elm St
Coordinates
35.48370, -80.13725

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
$551
Gross rental yield
7.23%
Implied cap rate
4.70%
Trend-extrapolated value

Frequently asked questions

When did 120 Elm St last sell?
120 Elm St most recently sold on Mar 8, 2022 for $91,500.
What is the current tax assessment for 120 Elm St?
The most recent total assessment for 120 Elm St (year 2025) is $52,830 with $361 in property tax.
How does 120 Elm St's assessment compare to its last sale price?
The current assessment is 42.3% below the last sale price of $91,500.
When was 120 Elm St built?
120 Elm St was built in 1988.
How does 120 Elm St compare to others on Elm St?
We track 8 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 120 Elm St?
120 Elm St is a 2 bed, 1 bath, 408 sqft, 5,663 sqft lot mobile.
Is 120 Elm St a flip candidate?
Yes — 120 Elm St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 120 Elm St a tax-appeal candidate?
No — 120 Elm 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
+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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