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396 Lake Forest Dr

New London, NC 28127

3 bd 3 ba 2,444 sqft Built 2003 Lot 169,884 sqft single_family
Most recent sale
$350,000
Jan 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 20, 2022 Sold $350,000 MLS #1045933
Nov 30, 2021 Price changed $360,000 MLS #3796124
Nov 19, 2021 Price changed $360,000 MLS #1045933
Oct 15, 2021 Listed $375,000 MLS #3796124

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $237,320 $28,470 $265,790 $1,901
2024 $237,320 $28,470 $265,790 $1,886
2023 $237,320 $28,470 $265,790 $1,820
2022 $237,320 $28,470 $265,790 $1,820
2021 $237,320 $28,470 $265,790 $1,781
2020 $237,320 $28,470 $265,790 $1,781
2019 $223,400 $32,000 $255,400 $1,724
2018 $223,400 $32,000 $255,400 $1,724
2017 $223,400 $32,000 $255,400 $1,724
2016 $223,400 $32,000 $255,400 $1,724
2015 $223,400 $32,000 $255,400 $1,724
2014 $223,418 $32,000 $255,400 $1,609

Property facts

Year built
2003
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,444 sqft
Lot size
169,884 sqft
ZIP code
28127
City
New London
Street
Lake Forest Dr
Coordinates
35.49602, -80.11620

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,299
Gross rental yield
11.31%
Implied cap rate
7.35%
Trend-extrapolated value

Frequently asked questions

When did 396 Lake Forest Dr last sell?
396 Lake Forest Dr most recently sold on Jan 20, 2022 for $350,000.
What is the current tax assessment for 396 Lake Forest Dr?
The most recent total assessment for 396 Lake Forest Dr (year 2025) is $265,790 with $1,901 in property tax.
How does 396 Lake Forest Dr's assessment compare to its last sale price?
The current assessment is 24.1% below the last sale price of $350,000.
When was 396 Lake Forest Dr built?
396 Lake Forest Dr was built in 2003.
How does 396 Lake Forest Dr compare to others on Lake Forest Dr?
We track 8 other properties on Lake Forest Dr. Browse the list under "Other properties on Lake Forest Dr" to compare beds, baths, and sale history.
What are the property facts for 396 Lake Forest Dr?
396 Lake Forest Dr is a 3 bed, 3 bath, 2,444 sqft, 169,884 sqft lot single_family.
Is 396 Lake Forest Dr a flip candidate?
No — 396 Lake Forest Dr does not appear in our flips dataset.
Is 396 Lake Forest Dr a tax-appeal candidate?
No — 396 Lake Forest Dr 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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