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40769 Hearne Rd

New London, NC 28127

3 bd 2 ba 2,537 sqft Built 1967 Lot 81,457 sqft single_family
Most recent sale
$450,000
Nov 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 15, 2022 Sold $450,000 CanopyMLS
Oct 7, 2022 Listed $450,000 CanopyMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $257,408 $37,395 $294,803 $1,823
2023 $168,126 $20,785 $188,911 $1,391
2022 $168,126 $20,785 $188,911 $1,391
2021 $168,126 $20,785 $188,911 $1,389
2020 $152,322 $18,350 $170,672 $1,347
2019 $152,322 $18,350 $170,672 $1,356
2018 $152,322 $18,350 $170,672 $1,337
2017 $152,322 $18,350 $170,672 $1,271
2016 $149,289 $16,132 $165,421 $1,232
2015 $149,289 $16,132 $165,421 $1,289
2014 $149,289 $16,132 $165,421 $1,232
2013 $149,289 $16,132 $165,421 $1,193
2012 $146,686 $16,133 $162,819 $1,239
2011 $146,686 $16,133 $162,819 $1,239
2010 $146,686 $16,133 $162,819 $1,238
2009 $146,686 $16,133 $162,819 $1,237
2008 $146,686 $16,133 $162,819 $1,234
2007 $146,686 $16,133 $162,819 $1,235

Property facts

Year built
1967
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,537 sqft
Lot size
81,457 sqft
ZIP code
28127
City
New London
Street
Hearne Rd
Coordinates
35.43265, -80.19185

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,425
Gross rental yield
9.13%
Implied cap rate
5.94%
Trend-extrapolated value

Frequently asked questions

When did 40769 Hearne Rd last sell?
40769 Hearne Rd most recently sold on Nov 15, 2022 for $450,000.
What is the current tax assessment for 40769 Hearne Rd?
The most recent total assessment for 40769 Hearne Rd (year 2025) is $294,803 with $1,823 in property tax.
How does 40769 Hearne Rd's assessment compare to its last sale price?
The current assessment is 34.5% below the last sale price of $450,000.
When was 40769 Hearne Rd built?
40769 Hearne Rd was built in 1967.
How does 40769 Hearne Rd compare to others on Hearne Rd?
We track 8 other properties on Hearne Rd. Browse the list under "Other properties on Hearne Rd" to compare beds, baths, and sale history.
What are the property facts for 40769 Hearne Rd?
40769 Hearne Rd is a 3 bed, 2 bath, 2,537 sqft, 81,457 sqft lot single_family.
Is 40769 Hearne Rd a flip candidate?
No — 40769 Hearne Rd does not appear in our flips dataset.
Is 40769 Hearne Rd a tax-appeal candidate?
No — 40769 Hearne 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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