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388 Hemlock Loop

Newland, NC 28657

2 bd 2 ba 800 sqft Built 1983 Lot 6,970 sqft single_family
Most recent sale
$240,000
Oct 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 5, 2022 Sold $240,000 MLS #238787
Sep 1, 2022 Listed $247,500 MLS #238787
May 29, 2019 Sold $135,000 MLS #213886
Apr 17, 2019 Listed $137,900 MLS #213886
May 11, 2018 Listed $144,000 MLS #207538
Oct 30, 2007 Sold $96,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $143,200 $20,000 $163,200 $652
2023 $143,200 $20,000 $163,200 $652
2022 $143,200 $20,000 $163,200 $652
2021 $47,600 $18,500 $66,100 $364
2020 $47,600 $18,500 $66,100 $364
2019 $47,600 $18,500 $66,100 $364
2018 $47,600 $18,500 $66,100 $364
2017 $51,700 $20,000 $71,700 $394
2016 $51,700 $20,000 $71,700 $321
2015 $51,700 $20,000 $71,700 $321
2014 $49,300 $20,000 $69,300 $361
2013 $79,500 $322
2012 $79,500 $322
2011 $79,500 $294

Property facts

Year built
1983
Property type
single_family
Stories
Beds
2
Baths
2
Living area
800 sqft
Lot size
6,970 sqft
ZIP code
28657
City
Newland
Street
Hemlock Loop
Coordinates
36.04597, -81.89795

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,080
Gross rental yield
5.40%
Implied cap rate
3.51%
Trend-extrapolated value

Frequently asked questions

When did 388 Hemlock Loop last sell?
388 Hemlock Loop most recently sold on Oct 5, 2022 for $240,000.
What is the current tax assessment for 388 Hemlock Loop?
The most recent total assessment for 388 Hemlock Loop (year 2025) is $163,200 with $652 in property tax.
How does 388 Hemlock Loop's assessment compare to its last sale price?
The current assessment is 32.0% below the last sale price of $240,000.
When was 388 Hemlock Loop built?
388 Hemlock Loop was built in 1983.
How does 388 Hemlock Loop compare to others on Hemlock Loop?
We track 8 other properties on Hemlock Loop. Browse the list under "Other properties on Hemlock Loop" to compare beds, baths, and sale history.
What are the property facts for 388 Hemlock Loop?
388 Hemlock Loop is a 2 bed, 2 bath, 800 sqft, 6,970 sqft lot single_family.
Is 388 Hemlock Loop a flip candidate?
No — 388 Hemlock Loop does not appear in our flips dataset.
Is 388 Hemlock Loop a tax-appeal candidate?
No — 388 Hemlock Loop 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
-8.4%
Implied 1-yr
-33.6%
2026 Q3
$129.7K
2026 Q4
$105.7K
ZIP 28657 — Median Price History + Forecast

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