40583 Tower Rd is a 1,247 square foot house on a 11.7 acre lot with 2 bedrooms and 1 bathroom. Based on Redfin's New London data, we estimate the home's value is $300,460.
Single-familyProperty Type
1940Year Built
11.7 acresLot Size
$241Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$300,460
$10K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 22.8% higher than the average sale price ($245K) 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
$944 (+23.5%)
$99,769 + $39,393
$139,162
2024
$765 (−0.9%)
$61,501 + $31,107
$92,608
2023
$771
$61,501 + $31,107
$92,608
2022
$772 (+0.2%)
$61,501 + $31,107
$92,608
2021
$770 (+1.1%)
$61,501 + $31,107
$92,608
2020
$762 (−0.8%)
$57,120 + $28,297
$85,417
2019
$768 (+7.9%)
$57,120 + $28,297
$85,417
2018
$711 (+11.4%)
$57,120 + $28,297
$85,417
2017
$638 (+5.7%)
$57,120 + $28,297
$85,417
2016
$604
$53,097 + $27,708
$80,805
2014
$604 (+3.8%)
$53,097 + $27,708
$80,805
2013
$582 (−13.5%)
$53,097 + $27,708
$80,805
2012
$673
$53,104 + $31,016
$84,120
2011
$673
$53,104 + $31,016
$84,120
Tax history for 40583 Tower Rd
Year
Property tax
Land + Additions
Assessment*
2025
$944 (+23.5%)
$99,769 + $39,393
$139,162
2024
$765 (−0.9%)
$61,501 + $31,107
$92,608
2023
$771
$61,501 + $31,107
$92,608
2022
$772 (+0.2%)
$61,501 + $31,107
$92,608
2021
$770 (+1.1%)
$61,501 + $31,107
$92,608
2020
$762 (−0.8%)
$57,120 + $28,297
$85,417
2019
$768 (+7.9%)
$57,120 + $28,297
$85,417
2018
$711 (+11.4%)
$57,120 + $28,297
$85,417
2017
$638 (+5.7%)
$57,120 + $28,297
$85,417
2016
$604
$53,097 + $27,708
$80,805
2014
$604 (+3.8%)
$53,097 + $27,708
$80,805
2013
$582 (−13.5%)
$53,097 + $27,708
$80,805
2012
$673
$53,104 + $31,016
$84,120
2011
$673
$53,104 + $31,016
$84,120
*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
Heating Fuel Type: Oil
Heating Type: Space
Exterior
Exterior Information
Foundation Type: Brick
Exterior Wall: Asbestos Shingle
Roof Shape Type: Gable/Hip
Building Type: Single Family
Property Information
Living Sq. Ft: 1,247
Building Sq. Ft: 1,247
# of Stories: 1
Legal Description: HSE 40583 TOWER RD
Lot Information
# of Buildings: 1
Land Sq. Ft: 509,652
Municipality Type: 590
Acres: 11.7
County Use Description: SNG FAML
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,247
Stories: 1.0
Lot Size: 11.7 acres
Style: Single Family Residential
Year Built: 1940
Year Renovated: —
County: Stanly County
APN: 6641 04 93 8519
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Badin Elementary School
Public K-5 • Assigned • 4.0mi
9/10
North Stanly Middle
Public 6-8 • Assigned • 3.6mi
4/10
North Stanly High School
Public 9-12 • Assigned • 2.0mi
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
0.15% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 105° expected this year, 16 days in 30 years
5/10 Wind Factor
24% 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
$286,000 – $346,000
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