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40452 Palmerville Rd

New London, NC 28127

2 bd 1 ba 1,008 sqft Built 1925 Lot 12,197 sqft single_family
Most recent sale
$323,500
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $323,500 MLS #3838459
Mar 14, 2022 Listed $322,500 MLS #3838459
Jul 31, 2007 Sold $140,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $119,591 $50,400 $169,991 $1,102
2023 $71,832 $39,200 $111,032 $863
2022 $71,832 $39,200 $111,032 $863
2021 $71,832 $39,200 $111,032 $861
2020 $57,992 $36,400 $94,392 $790
2019 $57,992 $36,400 $94,392 $793
2018 $57,992 $36,400 $94,392 $780
2017 $57,992 $36,400 $94,392 $708
2016 $49,348 $27,720 $77,068 $578
2015 $49,348 $27,720 $77,068 $641
2014 $49,348 $27,720 $77,068 $578
2013 $49,348 $27,720 $77,068 $578
2012 $43,360 $25,200 $68,560 $581
2011 $43,360 $25,200 $68,560 $581
2010 $43,360 $25,200 $68,560 $580
2009 $43,360 $25,200 $68,560 $579
2008 $43,360 $25,200 $68,560 $576
2007 $43,360 $25,200 $68,560 $553

Property facts

Year built
1925
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,008 sqft
Lot size
12,197 sqft
ZIP code
28127
City
New London
Street
Palmerville Rd
Coordinates
35.43659, -80.11563

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
$1,361
Gross rental yield
5.05%
Implied cap rate
3.28%
Trend-extrapolated value

Frequently asked questions

When did 40452 Palmerville Rd last sell?
40452 Palmerville Rd most recently sold on Apr 29, 2022 for $323,500.
What is the current tax assessment for 40452 Palmerville Rd?
The most recent total assessment for 40452 Palmerville Rd (year 2025) is $169,991 with $1,102 in property tax.
How does 40452 Palmerville Rd's assessment compare to its last sale price?
The current assessment is 47.5% below the last sale price of $323,500.
When was 40452 Palmerville Rd built?
40452 Palmerville Rd was built in 1925.
How does 40452 Palmerville Rd compare to others on Palmerville Rd?
We track 8 other properties on Palmerville Rd. Browse the list under "Other properties on Palmerville Rd" to compare beds, baths, and sale history.
What are the property facts for 40452 Palmerville Rd?
40452 Palmerville Rd is a 2 bed, 1 bath, 1,008 sqft, 12,197 sqft lot single_family.
Is 40452 Palmerville Rd a flip candidate?
No — 40452 Palmerville Rd does not appear in our flips dataset.
Is 40452 Palmerville Rd a tax-appeal candidate?
No — 40452 Palmerville 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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