409 Somerset Way
Newport, NC 28570
5 bd 4 ba 3,303 sqft Built 1991 Lot 20,473 sqft single_family
Most recent sale
$415,000
May 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 12, 2022 | Sold | $415,000 | MLS #100317337 |
| Mar 30, 2022 | Price changed | $499,000 | MLS #100317337 |
| Mar 17, 2022 | Listed | $550,000 | MLS #100317337 |
| Jan 7, 2005 | Sold | $400,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $488,579 | $79,618 | $568,197 | $1,831 |
| 2024 | $488,579 | $79,618 | $568,197 | $1,862 |
| 2023 | $294,298 | $95,632 | $389,930 | $1,936 |
| 2022 | $294,298 | $95,632 | $389,930 | $1,897 |
| 2021 | $294,298 | $95,632 | $389,930 | $1,819 |
| 2020 | $294,298 | $95,632 | $389,930 | $1,729 |
| 2019 | $310,005 | $86,180 | $396,185 | $1,675 |
| 2018 | $310,005 | $86,180 | $396,185 | $1,675 |
| 2017 | $310,005 | $86,180 | $396,185 | $1,675 |
| 2016 | $310,005 | $86,180 | $396,185 | $1,675 |
| 2015 | $310,005 | $86,180 | $396,185 | $1,635 |
Property facts
Year built
1991
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,303 sqft
Lot size
20,473 sqft
ZIP code
28570
City
Newport
Street
Somerset Way
Coordinates
34.72969, -76.86465
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,459
Gross rental yield
12.89%
Implied cap rate
8.38%
Trend-extrapolated value
—
Frequently asked questions
When did 409 Somerset Way last sell?
409 Somerset Way most recently sold on May 12, 2022 for $415,000.
What is the current tax assessment for 409 Somerset Way?
The most recent total assessment for 409 Somerset Way (year 2025) is $568,197 with $1,831 in property tax.
How does 409 Somerset Way's assessment compare to its last sale price?
The current assessment is 36.9% above the last sale price of $415,000.
When was 409 Somerset Way built?
409 Somerset Way was built in 1991.
How does 409 Somerset Way compare to others on Somerset Way?
We track 8 other properties on Somerset Way. Browse the list under "Other properties on Somerset Way" to compare beds, baths, and sale history.
What are the property facts for 409 Somerset Way?
409 Somerset Way is a 5 bed, 4 bath, 3,303 sqft, 20,473 sqft lot single_family.
Is 409 Somerset Way a flip candidate?
No — 409 Somerset Way does not appear in our flips dataset.
Is 409 Somerset Way a tax-appeal candidate?
Yes — 409 Somerset Way appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.9%
Implied 1-yr
+7.4%
2026 Q3
$414.2K
2026 Q4
$421K
ZIP 28570 — Median Price History + Forecast
Explore nearby
Geography
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