40480 Palmerville Rd, New London, NC 28127

2 beds, 2 baths, 1,645 sqft
For Sale
$188,000
Zestimate®: $170,184
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New pier and floating dock on Palmerville Lake. Palmerville Lake is divided from Badin Lake by the railroad that Alcoa used to use. Great opportunity to get waterfront without paying big bucks. Cozy and quaint home.
Facts
  • Lot: 0.27 acres
  • Single Family
  • Built in 1960
  • 66 days on Zillow
  • Cooling: Other
  • Last sold: Mar 2009 for $163,000
  • Price/sqft: $114
  • MLS #: 3016638
Features
  • Cable Ready
  • Ceiling Fan
  • Dock
  • Flooring: Laminate, Linoleum / Vinyl
  • Parking: 6 spaces
  • View: Water
  • Waterfront
Appliances Included
  • Dryer
  • Range / Oven
  • Refrigerator
  • Washer
Room Types
  • Sun room
Construction
  • Exterior material: Brick, Vinyl
  • Roof type: Other
  • # Stories: 2.0
  • Structure type: Other
Other
  • Floor size: 1,645 sqft
  • Heating: Electric
  • Laundry: In Unit
  • Parcel #: 666102765042
  • Zillow Home ID: 71402115
Home Values
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A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$170,184
+$10,358 Last 30 daysd
$145K
$192K
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,172/mo
+$27 Last 30 daysd
$938
$1.4K
Zestimate range

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Neighborhood for 40480 Palmerville Road

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Zillow predicts North Carolina home values will rise 3.5% next year. Among 28127 homes, this home is 43.2% more expensive than the midpoint (median) home, and is priced 35.7% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 28127 market, the number of foreclosures waiting to be sold dropped 16.8% in the last year. The number of unsold foreclosures is 25.9% greater than in New London, and 49.3% lower than the national average. This higher local number may prevent 28127 home values from rising as quickly as other regions in New London.

Learn more about forecast calculations.
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