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40481 US 52 Hwy

New London, NC 28127

2 bd 1 ba 1,118 sqft Built 1952 Lot 51,000 sqft single_family
Most recent sale
$217,000
Feb 22, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 22, 2024 Sold $217,000 CanopyMLS
Dec 30, 2023 Price changed $230,000 CanopyMLS
Nov 7, 2023 Listed $239,000 CanopyMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $137,859 $23,328 $161,187 $1,041
2022 $57,945 $19,843 $77,788 $629
2021 $57,945 $19,843 $77,788 $627
2020 $49,903 $17,362 $67,265 $585
2019 $49,903 $17,362 $67,265 $586
2018 $49,903 $17,362 $67,265 $575
2017 $49,903 $17,362 $67,265 $501
2016 $48,035 $14,882 $62,917 $468
2015 $48,035 $14,882 $62,917 $533
2014 $48,035 $14,882 $62,917 $468
2013 $48,035 $14,882 $62,917 $453
2012 $50,758 $14,883 $65,641 $539
2011 $50,758 $14,883 $65,641 $539
2010 $50,758 $14,883 $65,641 $538
2009 $50,758 $14,883 $65,641 $537
2008 $50,758 $14,883 $65,641 $534
2007 $50,758 $14,883 $65,641 $532

Property facts

Year built
1952
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,118 sqft
Lot size
51,000 sqft
ZIP code
28127
City
New London
Street
US 52 Hwy
Coordinates
35.43602, -80.21686

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,509
Gross rental yield
8.34%
Implied cap rate
5.42%
Trend-extrapolated value

Frequently asked questions

When did 40481 US 52 Hwy last sell?
40481 US 52 Hwy most recently sold on Feb 22, 2024 for $217,000.
What is the current tax assessment for 40481 US 52 Hwy?
The most recent total assessment for 40481 US 52 Hwy (year 2025) is $161,187 with $1,041 in property tax.
How does 40481 US 52 Hwy's assessment compare to its last sale price?
The current assessment is 25.7% below the last sale price of $217,000.
When was 40481 US 52 Hwy built?
40481 US 52 Hwy was built in 1952.
How does 40481 US 52 Hwy compare to others on US 52 Hwy?
We track 8 other properties on US 52 Hwy. Browse the list under "Other properties on US 52 Hwy" to compare beds, baths, and sale history.
What are the property facts for 40481 US 52 Hwy?
40481 US 52 Hwy is a 2 bed, 1 bath, 1,118 sqft, 51,000 sqft lot single_family.
Is 40481 US 52 Hwy a flip candidate?
No — 40481 US 52 Hwy does not appear in our flips dataset.
Is 40481 US 52 Hwy a tax-appeal candidate?
No — 40481 US 52 Hwy 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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