40420 Martin Rd, New London, NC, 28127

$138,800

Home List Price

$1,648*

Closing Credit

2 Bedrooms
1 Full Bath
646 SqFt
$215/SqFt
House

Location

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40420 Martin Rd, New London$138,800

Buyer Closing Credits

$1,648*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1921
HeatingElectric, Other
CoolingWindow Unit(s), Other
MLS #4186928
StatusAccepting Backup Offers
(Active Under Contract)

About 40420 Martin Rd

Outstanding opportunity at a low price! Recently renovated with new floors, fresh paint, a brand-new front deck, updated kitchen counters, all new doors, and improved insulation. This property is move-in ready and perfect for first-time buyers or investors looking for value. Don’t miss out on this gem!

Property Details

Property Features

Property Information:

  • Year Built: 1921
  • Living Area: 646 SqFt

Listing Office:

  • Office Name: Collective Realty LLC
  • Office Phone: (704) 705-8008

Interior Features

Interior Information:

  • Appliances: Electric Range
  • Basement: No
  • Flooring Type: Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Electric, Other
  • Cooling: Window Unit(s), Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $138,800
  • Price Per SqFt: $215/SqFt

Tax Information:

  • Annual Amount: $40
  • Tax Year: 2021
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Housing Market Comparison

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

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New London, NC

City

Med. Sold Price

$315K

Med. Price/SqFt

$237

Avg. Days On Market

113

# of Sold Homes

11

40420 Martin Rd vs New London

57 DAYS ON ROCKET

-56 Days

$138,800

-$176.2K Less

$215/SqFt

-$22 Less

KEY TAKEAWAY

This property is $176.2K less than the Median Sold Price and $22/SqFt less than other homes in New London, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4186928

Listing Office:

  • Office Name: Collective Realty LLC
  • Office Phone: (704) 705-8008

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

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 10:21:47 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

Nov 01, 2007Home Sold
$19,000

Tax History

YEARPROP. TAXASSESSMENT
2021$40$5,796
2020$126$5,060
2019$122$5,060
2017$38$5,060

History based on county public records data.

Payment Calculator

$760

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$483

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.

Nearby Schools

school-card-donut-993094
8
/10

  • Badin Elementary School

  • 47 Henderson St

  • 1.97 miles

  • Public District Grades KG-5

school-card-donut-993095
3
/10

  • East Albemarle Elementary School

  • 1813 E Main St

  • 5.59 miles

  • Public District Grades KG-5

school-card-donut-993096
4
/10

  • Central Elementary School

  • 206 N 3rd St

  • 6.09 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,716. The majority of New London, NC residents have income between $35k-100k annually. Most families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40420 Martin Rd

What is the listing price of this property?

The listing price of 40420 Martin Rd property is $138,800.

What type of property is this?

The property 40420 Martin Rd is a house located in New London, North Carolina, 28127.

Is this property for sale now?

Accepting Backup Offers: 40420 Martin Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $40 (source: MLS/based on county public records data).

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

The last sale was on November 1, 2007 for $19,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 40420 Martin Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 40420 Martin Rd is 646 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40420 Martin Rd is 1921.

Rocket Homes›North Carolina›Stanly County›New London›28127›40420 Martin Rd

This home is located at 40420 Martin Rd in New London, NC and zip code 28127. This 646 square foot home was built in 1921. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 28, 2024 and is currently priced at $138,800.

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. Between September 2024 and October 2024, New London, NC real estate market has seen increase in the number of listings by 15.1%. The median list price of listings available in October 2024 was $315,000, while the average time on the real estate market was 113 days.

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

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