OFF MARKET
Google street view image for 40992 Hearne Rd, New London, NC 28127
Off market aug 2002 for $50K
$196,930
Est. refi paymentEst. refi $332/mo
2
bd
•
1 ba
•
1,158
sq ft

40992 Hearne Rd, New London, NC 28127

map-entry

About this home

40992 Hearne Rd is a 1,158 square foot house on a 1.07 acre lot with 2 bedrooms and 1 bathroom. - it last sold on August 22, 2002 for $50,000. Based on Redfin's New London data, we estimate the home's value is $196,930.
Single-familyProperty Type
1946Year Built
1.07 acresLot Size
$170Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$196,930
$147K since sold in August 2002$3,000 since September

This home's estimate is 22.2% lower than the average sale price ($253K) of 6 comparable homes.

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Earn from this home

Refinance
$0
Est. cash available

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Rent
$1,910/mo
Redfin rental estimate

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Market trends in 28127, NC

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price
96.7%

0.3% MoM

Median sale price
$350K

$55K MoM

Avg. days on market
60d

14 days MoM

Recently sold homes
34

3 MoM

New listings for sale

Provided by Redfin

Sale history for 40992 Hearne Rd

Tax history for 40992 Hearne Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

RA

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.
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

Around this home

Schools

Richfield Elementary School

Public K-5 • Assigned • 3.9mi

8/10
North Stanly Middle

Public 6-8 • Assigned • 3.0mi

4/10
North Stanly High School

Public 9-12 • Assigned • 1.3mi

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

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 106° expected this year, 17 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
71
81
66
82
60
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
$188,000 – $227,000

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Nearby similar homes

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New listings for sale in 28127

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3D WALKTHROUGH
Triad MLS
$700,000
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Golf course views • Built-in grill • Additional lot
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3D WALKTHROUGH
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3D WALKTHROUGH
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3D WALKTHROUGH
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No city taxes • 6.49 acre lot • Listed 12 days

Home values near 40992 Hearne Rd

Data from public records.

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