Last Sold Price
2 beds646 sqft$211/sqft
40420 Martin Rd, New London, NC 28127

Description

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!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!
LISTING CLOSED: 11/27/2024 12:00 AM

  1. Listed by Collective Realty LLC • 704-705-8008

Property Details for 40420 Martin Road

Status
MLS #
4186928
Days on Market
21
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1921
Lot Size
0.16 AC / 6,969 SF
Parking Features
Driveway
Subdivision Name
None

Recent comparable sales

Median sold price

$130,000

Avg days on market

67

Sale-to-list ratio

93.6%

[New London, NC]

9 comparable properties found

$118,000 | 106 Sailboat Drive, Unit 169, New London, NC 28127
1/49
1

$118,000

Sold 02/24/25

2
Bedrooms
630
Square Feet
0.07
Acres
a front view of a house with a yard and garage
1/41
2

$158,000

Sold 01/23/26

2
Bedrooms
608
Square Feet
0.1
Acres
$122,000 | 112 Walnut Circle, New London, NC 28127
1/49
3

$122,000

Sold 04/24/25

2
Bedrooms
620
Square Feet
0.2
Acres
$146,000 | 535 Lakeshore Drive, Unit 150, New London, NC 28127
1/39
4

$146,000

Sold 08/14/26

2
Bedrooms
657
Square Feet
0.13
Acres
$139,000 | 525 East Washington Street, New London, WI 54961
5

$139,000

Sold 01/10/25

2
Bedrooms
672
Square Feet
0.17
Acres
$125,000 | N4804 Highway 22, New London, WI 54961
6

$125,000

Sold 12/08/25

2
Bedrooms
600
Square Feet
0.18
Acres
$150,000 | 102 East Cameron Street, New London, WI 54961
7

$150,000

Sold 01/15/26

2
Bedrooms
676
Square Feet
0.17
Acres
8

$130,000

Sold 10/04/25

2
Bedrooms
1
Bathrooms
712
Square Feet
0.09
Acres
a view of a house with a swimming pool
1/27
9

$127,000

Sold 02/13/25

3
Bedrooms
906
Square Feet
0.84
Acres

Location

Listing Courtesy of Collective Realty LLC

Sold By Magnolia Dream Real Estate

Add your commute

Building Information for 40420 Martin Road

Stories-Year Built1921Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$732 per month

30 year fixed, 6.55% Interest

Principal and Interest

$691

Property Taxes

$41

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 40420 Martin Road

Summary
Location and General Information
  • Longitude: -80.133014
  • Latitude: 35.426469
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $5,796.00
  • Parcel Number: 6661-03-22-4067
  • City Taxes Paid To: New London
School Information
  • Middle Or Junior School: North Stanly
  • High School: North Stanly
  • Elementary School: Badin
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage Spaces: 0.0
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 646.0
  • Below Grade Finished Area: 0.0
  • Sq Ft Lower: 0
  • Sq Ft Main: 646
  • Sq Ft Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Sq Ft Total Property HLA: 646.0
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource YN: Yes
  • New Construction YN: No
  • Photos Count: 10
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
Utilities
  • Sewer: County Sewer
  • Water Source: County Water
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum, Vinyl
  • Road Surface Type: Gravel
Interior Features
  • Appliances: Electric Range, Exhaust Hood
  • Levels: One
  • Cooling: Window Unit(s), Other - See Remarks
  • Heating: Electric, Other - See Remarks
  • Laundry Features: Laundry Room
  • Fireplace YN: No
  • Flooring: Vinyl
  • Foundation Details: Crawl Space
  • Basement YN: No
  • Bedroom Main: 2
  • Full Bath Main: 1
  • Half Bath Main: 0
Room Information
Room Information
  • Room Count: 3.0
Room 1
  • Room Types: Primary Bedroom
  • Room Level: Main
Room 2
  • Room Types: Living Room
  • Room Level: Main
Room 3
  • Room Types: Kitchen
  • Room Level: Main

Property History for 40420 Martin Road

DateEvent & SourcePriceAppreciation
Nov 27, 2024

Closed

CANOPY #4186928

$136,000
Nov 26, 2024

Closed (Public Record)

Public Record #1554727069

$136,000

+6436.6% / yr

Sep 27, 2024

Listed (Active)

CANOPY #4186928

$138,800
DateEvent & SourcePrice
11/27/2024

Closed

CANOPY #4186928

$136,000
11/26/2024

Closed (Public Record)

Public Record #1554727069

$136,000

+6436.6% / yr

09/27/2024

Listed (Active)

CANOPY #4186928

$138,800

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 40420 Martin Road

Taxable ValueLand$9,000Additions$73,588Total$82,588
Tax Record2025$488 ($41 / month)
Home Facts
Beds2Total Finished SqFt688 SqFtAbove Grade Finished SqFt688 SqFtStories1Lot Size6,970 SqFtStyleSingle Family ResidenceYear Built1921CountySTANLYAPN666103224067

Schools near 40420 Martin Road

This home is within Stanly County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 13
Rating
School
Distance
Badin Elementary School
PublicK to 5

North Stanly Middle
Public6 to 8

North Stanly High School
Public9 to 12

Stanly STEM Early College
Public9 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Collective Realty LLC

Based on information submitted to the MLS GRID as of 12/03/2024 12:39 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.