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
| Date | Event | Price | Source |
|---|---|---|---|
| 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
| Year | Building | Land | Total assessed | Tax 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 adviceEstimated monthly rent
$3,299
Gross rental yield
11.31%
Implied cap rate
7.35%
Trend-extrapolated value
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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 valuationQuarterly trend
+1.8%
Implied 1-yr
+7.3%
2026 Q3
$349.2K
2026 Q4
$354.9K
ZIP 28127 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Forest Dr