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12018 NC 138 Hwy

Norwood, NC 28128

3 bd 1 ba 1,501 sqft Built 1949 Lot 41,382 sqft single_family
Most recent sale
$183,000
May 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 12, 2022 Price changed $265,000 MLS #3882734
Aug 31, 2022 Price changed $280,000 MLS #3882734
Aug 15, 2022 Price changed $290,000 MLS #3882734
Aug 3, 2022 Price changed $295,000 MLS #3882734
Jul 15, 2022 Price changed $300,000 MLS #3882734
Jul 12, 2022 Listed $320,000 MLS #3882734
May 17, 2021 Sold $183,000 MLS #3721631
Mar 25, 2021 Listed $195,000 MLS #3721631
Apr 24, 2019 Sold $149,000 MLS #3484389
Mar 14, 2019 Listed $149,000 MLS #3484389

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $184,934 $26,908 $211,842 $1,292
2023 $113,376 $18,102 $131,478 $933
2022 $113,376 $18,102 $131,478 $1,030
2021 $113,376 $18,102 $131,478 $1,028
2020 $68,705 $15,656 $84,361 $732
2019 $68,705 $15,656 $84,361 $735
2018 $68,705 $15,656 $84,361 $722
2017 $68,705 $15,656 $84,361 $650
2016 $67,092 $13,632 $80,724 $622
2015 $67,092 $13,632 $80,724 $685
2014 $67,092 $13,632 $80,724 $622
2013 $67,092 $13,632 $80,724 $622
2012 $70,209 $11,628 $81,837 $697
2011 $70,209 $11,628 $81,837 $656
2010 $70,209 $11,628 $81,837 $655
2009 $70,209 $11,628 $81,837 $654
2008 $70,209 $11,628 $81,837 $651
2007 $70,209 $11,628 $81,837 $649

Property facts

Year built
1949
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,501 sqft
Lot size
41,382 sqft
ZIP code
28128
City
Norwood
Street
NC 138 Hwy
Coordinates
35.22919, -80.22175

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
$2,026
Gross rental yield
13.29%
Implied cap rate
8.64%
Trend-extrapolated value

Frequently asked questions

When did 12018 NC 138 Hwy last sell?
12018 NC 138 Hwy most recently sold on May 17, 2021 for $183,000.
What is the current tax assessment for 12018 NC 138 Hwy?
The most recent total assessment for 12018 NC 138 Hwy (year 2025) is $211,842 with $1,292 in property tax.
How does 12018 NC 138 Hwy's assessment compare to its last sale price?
The current assessment is 15.8% above the last sale price of $183,000.
When was 12018 NC 138 Hwy built?
12018 NC 138 Hwy was built in 1949.
How does 12018 NC 138 Hwy compare to others on NC 138 Hwy?
We track 8 other properties on NC 138 Hwy. Browse the list under "Other properties on NC 138 Hwy" to compare beds, baths, and sale history.
What are the property facts for 12018 NC 138 Hwy?
12018 NC 138 Hwy is a 3 bed, 1 bath, 1,501 sqft, 41,382 sqft lot single_family.
Is 12018 NC 138 Hwy a flip candidate?
No — 12018 NC 138 Hwy does not appear in our flips dataset.
Is 12018 NC 138 Hwy a tax-appeal candidate?
Yes — 12018 NC 138 Hwy 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 valuation
Quarterly trend
-0.8%
Implied 1-yr
-3.4%
2026 Q3
$291.1K
2026 Q4
$288.5K
ZIP 28128 — Median Price History + Forecast

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