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475 New Castle Ln

Spring Lake, NC 28390

3 bd 3 ba 1,701 sqft Built 2012 single_family
Most recent sale
$237,000
Jul 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 27, 2022 Sold $237,000 Public Record
Jul 26, 2022 Sold $237,000 LongleafPineRealtors
Jun 23, 2022 Listed $232,000 MLS #687013
Jun 5, 2020 Listed for rent $1,250 AppfolioUnits
Sep 14, 2016 Listing removed $163,000 LongleafPineRealtors
Aug 28, 2015 Listing removed $163,000 LongleafPineRealtors
Jan 31, 2013 Sold $163,000 Public Record
Nov 2, 2012 Sold $175,000 Public Record
Oct 17, 2012 Listed $163,000 MLS #496925

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $138,720 $45,630 $184,350 $1,377
2024 $138,720 $45,630 $184,350 $1,377
2023 $138,720 $45,630 $184,350 $1,377
2022 $138,720 $45,630 $184,350 $1,377
2021 $107,100 $40,000 $147,100 $1,350
2020 $107,100 $40,000 $147,100 $1,350
2019 $107,100 $40,000 $147,100 $1,335
2018 $107,100 $40,000 $147,100 $1,335
2017 $107,100 $40,000 $147,100 $1,335
2016 $125,540 $35,000 $160,540 $1,451
2015 $125,540 $35,000 $160,540 $1,451
2014 $125,540 $35,000 $160,540 $1,451
2013 $125,540 $35,000 $160,540 $1,411

Property facts

Year built
2012
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,701 sqft
Lot size
ZIP code
28390
City
Spring Lake
Street
New Castle Ln
Coordinates
35.23449, -78.97901

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,296
Gross rental yield
11.63%
Implied cap rate
7.56%
Trend-extrapolated value

Frequently asked questions

When did 475 New Castle Ln last sell?
475 New Castle Ln most recently sold on Jul 27, 2022 for $237,000.
What is the current tax assessment for 475 New Castle Ln?
The most recent total assessment for 475 New Castle Ln (year 2025) is $184,350 with $1,377 in property tax.
How does 475 New Castle Ln's assessment compare to its last sale price?
The current assessment is 22.2% below the last sale price of $237,000.
When was 475 New Castle Ln built?
475 New Castle Ln was built in 2012.
How does 475 New Castle Ln compare to others on New Castle Ln?
We track 8 other properties on New Castle Ln. Browse the list under "Other properties on New Castle Ln" to compare beds, baths, and sale history.
What are the property facts for 475 New Castle Ln?
475 New Castle Ln is a 3 bed, 3 bath, 1,701 sqft single_family.
Is 475 New Castle Ln a flip candidate?
No — 475 New Castle Ln does not appear in our flips dataset.
Is 475 New Castle Ln a tax-appeal candidate?
No — 475 New Castle Ln 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
-1.1%
Implied 1-yr
-4.4%
2026 Q3
$278.4K
2026 Q4
$275.1K
ZIP 28390 — Median Price History + Forecast

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