4055 Old Timber Way
Norwood, NC 28128
5 bd 5 ba 4,910 sqft Built 2020 Lot 32,670 sqft single_family
Most recent sale
$2,600,000
Oct 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 12, 2022 | Sold | $2,600,000 | MLS #3891035 |
| Aug 16, 2022 | Listed | $2,600,000 | MLS #3891035 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $984,512 | $339,854 | $1,324,366 | $11,786 |
| 2023 | $715,615 | $250,014 | $965,629 | $9,849 |
| 2022 | $715,615 | $250,014 | $965,629 | $10,621 |
| 2021 | $715,615 | $250,014 | $965,629 | $10,622 |
| 2020 | — | $239,596 | $239,596 | $2,752 |
Property facts
Year built
2020
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
4,910 sqft
Lot size
32,670 sqft
ZIP code
28128
City
Norwood
Street
Old Timber Way
Coordinates
35.27878, -80.09812
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
$15,600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 4055 Old Timber Way last sell?
4055 Old Timber Way most recently sold on Oct 12, 2022 for $2,600,000.
What is the current tax assessment for 4055 Old Timber Way?
The most recent total assessment for 4055 Old Timber Way (year 2025) is $1,324,366 with $11,786 in property tax.
How does 4055 Old Timber Way's assessment compare to its last sale price?
The current assessment is 49.1% below the last sale price of $2,600,000.
When was 4055 Old Timber Way built?
4055 Old Timber Way was built in 2020.
How does 4055 Old Timber Way compare to others on Old Timber Way?
We track 8 other properties on Old Timber Way. Browse the list under "Other properties on Old Timber Way" to compare beds, baths, and sale history.
What are the property facts for 4055 Old Timber Way?
4055 Old Timber Way is a 5 bed, 5 bath, 4,910 sqft, 32,670 sqft lot single_family.
Is 4055 Old Timber Way a flip candidate?
No — 4055 Old Timber Way does not appear in our flips dataset.
Is 4055 Old Timber Way a tax-appeal candidate?
No — 4055 Old Timber Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.8%
Implied 1-yr
-3.4%
2026 Q3
$291.1K
2026 Q4
$288.5K
ZIP 28128 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Old Timber Way