506 Pennington Ferry Dr
New London, NC 28127
4 bd 3 ba 4,758 sqft Built 1998 Lot 30,056 sqft single_family
Most recent sale
$800,000
Nov 12, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 12, 2021 | Sold | $800,000 | MLS #3737481 |
| Oct 1, 2018 | Price changed | $799,000 | MLS #3238598 |
| Nov 8, 2017 | Price changed | $869,000 | MLS #3238598 |
| Nov 2, 2017 | Price changed | $799,000 | MLS #3238598 |
| Jun 2, 2017 | Listing removed | $899,000 | TriadMLS |
| Dec 23, 2016 | Listed | $899,000 | MLS #816756 |
| Sep 1, 2016 | Listing removed | $939,000 | CanopyMLS |
| Aug 16, 2016 | Listing removed | $939,000 | TriadMLS |
| Feb 12, 2016 | Listed | $939,000 | MLS #783947 |
| Feb 11, 2016 | Listed | $939,000 | MLS #3147265 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $496,519 | $241,500 | $738,019 | $5,665 |
| 2022 | $496,519 | $241,500 | $738,019 | $5,055 |
| 2021 | $496,519 | $241,500 | $738,019 | $4,945 |
| 2020 | $496,519 | $241,500 | $738,019 | $4,944 |
| 2019 | $586,900 | $345,000 | $931,900 | $6,290 |
| 2018 | $586,900 | $345,000 | $931,900 | $6,290 |
| 2017 | $586,900 | $345,000 | $931,900 | $6,290 |
| 2016 | $586,900 | $345,000 | $931,900 | $6,337 |
| 2015 | $586,900 | $345,000 | $931,900 | $6,290 |
| 2014 | $586,891 | $345,000 | $931,900 | $5,870 |
Property facts
Year built
1998
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
4,758 sqft
Lot size
30,056 sqft
ZIP code
28127
City
New London
Street
Pennington Ferry Dr
Coordinates
35.48162, -80.09657
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,423
Gross rental yield
9.63%
Implied cap rate
6.26%
Trend-extrapolated value
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Frequently asked questions
When did 506 Pennington Ferry Dr last sell?
506 Pennington Ferry Dr most recently sold on Nov 12, 2021 for $800,000.
What is the current tax assessment for 506 Pennington Ferry Dr?
The most recent total assessment for 506 Pennington Ferry Dr (year 2024) is $738,019 with $5,665 in property tax.
How does 506 Pennington Ferry Dr's assessment compare to its last sale price?
The current assessment is 7.7% below the last sale price of $800,000.
When was 506 Pennington Ferry Dr built?
506 Pennington Ferry Dr was built in 1998.
How does 506 Pennington Ferry Dr compare to others on Pennington Ferry Dr?
We track 6 other properties on Pennington Ferry Dr. Browse the list under "Other properties on Pennington Ferry Dr" to compare beds, baths, and sale history.
What are the property facts for 506 Pennington Ferry Dr?
506 Pennington Ferry Dr is a 4 bed, 3 bath, 4,758 sqft, 30,056 sqft lot single_family.
Is 506 Pennington Ferry Dr a flip candidate?
No — 506 Pennington Ferry Dr does not appear in our flips dataset.
Is 506 Pennington Ferry Dr a tax-appeal candidate?
No — 506 Pennington Ferry 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
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