40309 Merestead Way, New London, NC, 28127

$335,000

Home List Price

$3,978*

Closing Credit

3 Bedrooms
2 Full Baths
2,027 SqFt
$165/SqFt
House

Location

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40309 Merestead Way, New London$335,000

Buyer Closing Credits

$3,978*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached Carport, Driveway, Detached Garage, Garage Shop, Parking Space(s), RV Access/Parking
Year Built2003
HeatingHeat Pump
CoolingCentral Air, Heat Pump
FireplaceFamily Room, Living Room, See Through
MLS #4183242
StatusAccepting Backup Offers
(Active Under Contract)

About 40309 Merestead Way

What an amazing property! The remodeled ranch with a spacious layout, a split floor plan, & 3 bedrooms/2 baths offers plenty of room for a comfortable lifestyle. The peninsula fireplace connecting the family room & living room adds a cozy touch, while the large kitchen, dining area & laundry room are practical and spacious. And, the front porch is perfect for relaxing. The standout feature is an additional 2000 sq ft heated/cooled garage space is ideal for a handyman or car enthusiast. This king of space is rare and would be perfect for someone who needs room for projects, storage, or hobbies. It's definitely a "must see." Are you considering a tour or looking for more details on this property? Feel free to contact me!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2003
  • Living Area: 2,027 SqFt

Listing Office:

  • Office Name: Allen Tate Concord
  • Office Email: thecla.widenhouse@allentate.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven
  • Basement: No
  • Flooring Type: Vinyl
  • Interior: Breakfast Bar, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Fireplace: Family Room, Living Room, See Through

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Detached Carport, Driveway, Detached Garage, Garage Shop, Parking Space(s), RV Access/Parking

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air, Heat Pump

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $335,000
  • Price Per SqFt: $165/SqFt

Tax Information:

  • Annual Amount: $976
  • Tax Year: 2021
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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

40309 Merestead Way vs New London

46 DAYS ON ROCKET

-67 Days

$335,000

+$20K More

$165/SqFt

-$72 Less

KEY TAKEAWAY

This property is $20K more than the Median Sold Price and $72/SqFt less than other homes in New London, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4183242

Listing Office:

  • Office Name: Allen Tate Concord
  • Office Email: thecla.widenhouse@allentate.com

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Last updated on: 11/5/2024, 8:21:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 07, 2019Home Sold
$160,000
Feb 03, 2004Home Sold
$144,000

Tax History

YEARPROP. TAXASSESSMENT
2021$976$142,422
2020$933$114,529
2019$938$114,529
2017$853$114,529

History based on county public records data.

Payment Calculator

$1,739

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,071

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-63035
8
/10
  • Badin Elementary School

  • 47 Henderson St

  • 4.58 miles

  • Public District Grades KG-5

Middle School

school-card-donut-63036
2
/10
  • North Stanly Middle School

  • 36605 Old Salisbury Rd

  • 4.17 miles

  • Public District Grades 6-8

High School

school-card-donut-63037
2
/10
  • North Stanly High School

  • 40206 Us Highway 52 N

  • 2.53 miles

  • Public District Grades 9-12

school-card-donut-63038
9
/10
  • Stanly Early College High School

  • 141 College Dr

  • 8.36 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,918. Most New London, NC residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40309 Merestead Way

What is the listing price of this property?

The listing price of 40309 Merestead Way property is $335,000.

What type of property is this?

The property 40309 Merestead Way is a house located in New London, North Carolina, 28127.

Is this property for sale now?

Accepting Backup Offers: 40309 Merestead Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 40309 Merestead Way 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

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $976 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 7, 2019 for $160,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 40309 Merestead Way has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 40309 Merestead Way is 2,027 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40309 Merestead Way is 2003.

Rocket HomesNorth CarolinaStanly CountyNew London2812740309 Merestead Way

This home is located at 40309 Merestead Way in New London, NC and zip code 28127. This 2,027 square foot home was built in 2003. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $335,000.

While more than 1 listings in New London, NC in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 10 were sold below. In October 2024 in New London, NC there were 15.1% more homes for sale than in September 2024. In October 2024, listings were on the market for 113 days. During the same period, the median list price in this real estate market was $315,000.

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

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