40049 NC-740 Hwy, New London, NC, 28127

$174,995

Home List Price

$2,078*

Closing Credit

3 Bedrooms
1 Full Bath
1,557 SqFt
$112/SqFt
House

Location

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40049 NC-740 Hwy, New London$174,995

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1935
HeatingElectric
CoolingCentral Air, Electric
FireplaceLiving Room
MLS #4139099
StatusActive

About 40049 NC-740 Hwy

Welcome to 40049 NC 740 Hwy, New London, NC 28127! This inviting three-bedroom, one-bathroom home is nestled near the picturesque Badin Lake, offering a serene and relaxing lifestyle for nature enthusiasts and water lovers alike. The interior of the home features three cozy bedrooms, providing ample space for families or individuals looking for a comfortable retreat. The bathroom is tastefully designed for functionality and convenience. Situated near the beautiful Badin Lake, this property presents an excellent opportunity to enjoy water-based activities, fishing, and scenic views. Embrace the tranquility and outdoor recreational opportunities that await you in this charming location. Don't miss the chance to make this wonderful property your own. Schedule a viewing today and experience the beauty and allure of 40049 NC 740 Hwy!

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Living Area: 1,557 SqFt

Listing Office:

  • Office Name: Prospect Property LLC
  • Office Email: stephenjeremyhoneycutt@gmail.com

Interior Features

Interior Information:

  • Appliances: None
  • Basement: No
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • North Stanly High School, Public District Grades 9-12
  • Stanly Early College High School, Public District Grades 9-12
  • North Stanly Middle School, Public District Grades 6-8
  • Badin Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Badin Lake, head northwest on NC-740 N. Follow the road for approximately 2 miles. The property will be on your right, 40049 NC 740 Hwy, New London, NC 28127.

Price Information

Listing Price Info

Price Summary:

  • List Price: $174,995
  • Price Per SqFt: $112/SqFt
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Housing Market Comparison

See how this home compares to others in New London, NC.

Med. Sold Price

$315K

Med. Price/SqFt

$237

Avg. Days On Market

113

# of Sold Homes

11

40049 NC-740 Hwy vs New London

168 DAYS ON ROCKET

+55 Days

$174,995

-$140K Less

$112/SqFt

-$125 Less

KEY TAKEAWAY

This property is $140K less than the Median Sold Price and $125/SqFt less than other homes in New London, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4139099

Listing Office:

  • Office Name: Prospect Property LLC
  • Office Email: stephenjeremyhoneycutt@gmail.com

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 7:21:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2180519
8
/10
  • Badin Elementary School

  • 47 Henderson St

  • 1.63 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2180520
2
/10
  • North Stanly Middle School

  • 36605 Old Salisbury Rd

  • 5.94 miles

  • Public District Grades 6-8

High School

school-card-donut-2180521
2
/10
  • North Stanly High School

  • 40206 Us Highway 52 N

  • 4.64 miles

  • Public District Grades 9-12

school-card-donut-2180522
9
/10
  • Stanly Early College High School

  • 141 College Dr

  • 8.37 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,716. The most common annual income of people living in New London, NC is between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40049 NC-740 Hwy

What is the listing price of this property?

The listing price of 40049 NC-740 Hwy property is $174,995.

What type of property is this?

The property 40049 NC-740 Hwy is a house located in New London, North Carolina, 28127.

Is this property for sale now?

Active Listing: 40049 NC-740 Hwy is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 40049 NC-740 Hwy are:
Badin Elementary School: GreatSchools Rating 8/10
North Stanly Middle School: GreatSchools Rating 2/10
North Stanly High School: GreatSchools Rating 2/10
Stanly Early College High School: GreatSchools Rating 9/10

How many bedrooms and bathrooms does this property have?

The property at 40049 NC-740 Hwy has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 40049 NC-740 Hwy is 1,557 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40049 NC-740 Hwy is 1935.

Rocket HomesNorth CarolinaStanly CountyNew London2812740049 NC-740 Hwy

This home is located at 40049 NC-740 Hwy in New London, NC and zip code 28127. This 1,557 square foot home was built in 1935. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $174,995.

In October 2024, from all listings sold in New London, NC there were more than 1 sold above asking price, over 10 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in New London, NC between September 2024 and October 2024 increased by 15.1%. Listings spent 113 days on the market in October 2024, and had a median list price of $315,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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