40312 Tower Rd is a 1,628 square foot house on a 2.04 acre lot with 2 bedrooms and 2 bathrooms. Based on Redfin's New London data, we estimate the home's value is $272,003.
Single-familyProperty Type
1902Year Built
2.04 acresLot Size
$167Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$272,003
$9,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 3.9% lower than the average sale price ($283K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$780 (+17.6%)
$38,840 + $77,004
$115,844
2024
$663
$21,720 + $60,599
$82,319
2023
$663
$21,720 + $60,599
$82,319
2022
$663 (+0.3%)
$21,720 + $60,599
$82,319
2021
$661 (+4.2%)
$21,720 + $60,599
$82,319
2020
$634 (−0.2%)
$19,200 + $54,488
$73,688
2019
$636 (+1.8%)
$19,200 + $54,488
$73,688
2018
$625 (+13.4%)
$19,200 + $54,488
$73,688
2017
$551 (+6.1%)
$19,200 + $54,488
$73,688
2016
$519
$16,940 + $52,541
$69,481
2014
$519 (+3.7%)
$16,940 + $52,541
$69,481
2013
$500 (+23.5%)
$16,940 + $52,541
$69,481
2012
$405
$16,940 + $30,013
$46,953
2011
$405
$16,940 + $30,013
$46,953
Tax history for 40312 Tower Rd
Year
Property tax
Land + Additions
Assessment*
2025
$780 (+17.6%)
$38,840 + $77,004
$115,844
2024
$663
$21,720 + $60,599
$82,319
2023
$663
$21,720 + $60,599
$82,319
2022
$663 (+0.3%)
$21,720 + $60,599
$82,319
2021
$661 (+4.2%)
$21,720 + $60,599
$82,319
2020
$634 (−0.2%)
$19,200 + $54,488
$73,688
2019
$636 (+1.8%)
$19,200 + $54,488
$73,688
2018
$625 (+13.4%)
$19,200 + $54,488
$73,688
2017
$551 (+6.1%)
$19,200 + $54,488
$73,688
2016
$519
$16,940 + $52,541
$69,481
2014
$519 (+3.7%)
$16,940 + $52,541
$69,481
2013
$500 (+23.5%)
$16,940 + $52,541
$69,481
2012
$405
$16,940 + $30,013
$46,953
2011
$405
$16,940 + $30,013
$46,953
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RA
AIRPORT OVERLAY
A-O
Residential-Agricultural District - Low Density
The regulations of this district are intended to encourage the continuance of agricultural uses as well as to insure that residential development not having access to public water supplies and dependent upon septic tanks for sewage disposal will occur at a sufficiently lower density to provide a healthful environment.
Zone overlays
Permitted uses
Include but are not limited to:
Assembly / meeting place
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Mixed use
Public service
Recreation
Cemetery
Property details
Interior
Heating & Cooling
Air Conditioning Type: Window Unit
Heating Fuel Type: Oil
Heating Type: Space
Exterior
Exterior Information
Foundation Type: Stone
Exterior Wall: Aluminum/Vinyl
Roof Shape Type: Gable/Hip
Building Type: Single Family
Property Information
Living Sq. Ft: 1,628
Building Sq. Ft: 1,628
# of Stories: 1
Legal Description: HSE 40312 TOWER RD
Lot Information
# of Buildings: 1
Land Sq. Ft: 88,862
Municipality Type: 500
Acres: 2.04
County Use Description: SNG FAML
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,628
Stories: 1.0
Lot Size: 2.04 acres
Style: Single Family Residential
Year Built: 1902
Year Renovated: 1970
County: Stanly County
APN: 6651 03 23 8790
Home facts updated by county records on Jan 5, 2026
Around this home
Schools
Badin Elementary School
Public K-5 • Assigned • 3.5mi
9/10
North Stanly Middle
Public 6-8 • Assigned • 4.2mi
4/10
North Stanly High School
Public 9-12 • Assigned • 2.6mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
5/10 Wind Factor
26% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
New London, NC • 28127
Average low and high temperatures (°F)
49
26
55
33
70
42
77
51
78
57
88
66
91
72
81
66
81
62
73
49
66
41
54
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 5.3 hours in December, which is comparable to the
U.S. average for solar exposure.
9.2 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$259,000 – $313,000
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