MULTIPLE OFFERS RECEIVED***BEST TERMS DUE BY MONDAY 10/2 AT 2PM***CHECK OUT THE NEW PRICE! | OUTSIDE CITY LIMITS | Picturesque setting beneath tremendous oak trees; over 2 acres of land, in the Palmerville Community this 5 bedroom 2 bathroom home with additional living quarters space is the former site of the Yadkin Mineral Springs Academy. The spacious home has been beautifully improved with luxury vinyl plank flooring & fixtures throughout, new energy efficient windows, New Kitchen Cabinets & Appliances, new vanities, freshly painted inside and outside, new mini-split heating/cooling systems in additional living quarters/laundry/utility room,. Breathe the fresh air which comes from the mountain top and search for the two fine mineral springs; one a chalybeate, the other sulphur in the Village of Palmerville, located in Stanly County just 9 miles northeast of Albemarle. Come enjoy Badin Lake, Lake Tillery, Morrow Mountain or many of the Wineries this area has to offer!
Sold for $430,000
$430,000
40181 Palmerville Rd, New London, NC 28127
5beds
3,036sqft
Stick/Site Built, Residential, Single Family Residence
Built in 1850
2.29 Acres Lot
$477,100 Zestimate®
$--/sqft
$2,606 Estimated rent
Home value
$477,100
$448,000 - $510,000
$2,606/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Sheila St. Germain 704-438-8339,
eXp Realty, LLC
Bought with:
NONMEMBER NONMEMBER
nonmls
Source: Triad MLS,MLS#: 1118592
Originating MLS: Greensboro
Originating MLS: GreensboroFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Bedroom 4
- Level: Upper
Bedroom 5
- Level: Upper
Dining room
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Other
Living room
- Level: Main
Recreation room
- Level: Other
Heating
- Forced Air, Multiple Systems, Electric
Cooling
- Central Air, Multi Units
Appliances
- Included: Microwave, Free-Standing Range, Electric Water Heater
- Laundry: Main Level
Features
- Ceiling Fan(s)
- Flooring: Vinyl
- Basement: Crawl Space
- Number of fireplaces: 2
- Fireplace features: Living Room
Interior area
- Total structure area: 3,036
- Total interior livable area: 3,036 sqft
- Finished area above ground: 3,036
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage, Detached
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Pool features: None
- Fencing: None
Lot
- Size: 2.29 Acres
- Dimensions: 355 x 264 x 295 x 102 x 186
- Features: Partially Cleared
Details
- Parcel number: 666104724831
- Zoning: RA
- Special conditions: Owner Sale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Stick/Site Built, Residential, Single Family Residence
Materials
- Brick, Vinyl Siding
Condition
- Year built: 1850
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Location
- Region: New London
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 10/11/2023 | Sold | $430,000-4.4% |
Source:  Triad MLS #1118592 Report a problem | ||
| 10/2/2023 | Pending sale | $450,000 |
Source: Triad MLS #1118592 Report a problem | ||
| 9/29/2023 | Price change | $450,000-5.2%$148/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4063315 Report a problem | ||
| 9/15/2023 | Price change | $474,500-5.1%$156/sqft |
Source: Canopy MLS as distributed by MLS GRID #4063315 Report a problem | ||
| 8/30/2023 | Listed for sale | $499,900+150%$165/sqft |
Source: Canopy MLS as distributed by MLS GRID #4063315 Report a problem | ||
| 3/15/2023 | Sold | $200,000-15.1%$66/sqft |
Source: Canopy MLS as distributed by MLS GRID #4000907 Report a problem | ||
| 3/4/2023 | Pending sale | $235,500$78/sqft |
Source: Canopy MLS as distributed by MLS GRID #CAR4000907 Report a problem | ||
| 3/2/2023 | Price change | $235,500-18.8%$78/sqft |
Source: Canopy MLS as distributed by MLS GRID #CAR4000907 Report a problem | ||
| 2/23/2023 | Price change | $290,000-10.8%$96/sqft |
Source: Canopy MLS as distributed by MLS GRID #CAR4000907 Report a problem | ||
| 2/10/2023 | Listed for sale | $325,000+132.1%$107/sqft |
Source: Canopy MLS as distributed by MLS GRID #4000907 Report a problem | ||
| 5/17/2017 | Sold | $140,000$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,558 +14.1% | $433,390 +33.5% |
| 2024 | $2,241 +77.5% | $324,691 +77.5% |
| 2023 | $1,263 -7.1% | $182,920 |
| 2022 | $1,360 +0.1% | $182,920 |
| 2021 | $1,358 +4.5% | $182,920 +13.4% |
| 2020 | $1,300 +7.4% | $161,243 |
| 2019 | $1,210 | $161,243 |
| 2018 | $1,210 | $161,243 |
| 2017 | $1,210 +5% | $161,243 +12.3% |
| 2016 | $1,152 | $143,637 +22.9% |
| 2015 | $1,152 +21.6% | $116,901 |
| 2014 | $947 | $116,901 |
| 2013 | -- | $116,901 +10.8% |
| 2012 | -- | $105,480 |
| 2011 | -- | $105,480 |
| 2010 | -- | $105,480 |
| 2009 | -- | $105,480 |
| 2008 | -- | $105,480 |
| 2007 | -- | $105,480 |
| 2006 | -- | $105,480 |
| 2005 | -- | $105,480 |
| 2004 | -- | $105,480 -2.7% |
| 2003 | -- | $108,370 |
| 2002 | -- | $108,370 |
Find assessor info on the county website
Neighborhood: 28127
Nearby schools
GreatSchools rating
- 9/10Badin Elementary SchoolGrades: K-5Distance: 1.8 mi
- 4/10North Stanly MiddleGrades: 6-8Distance: 6.8 mi
- 3/10North Stanly High SchoolGrades: 9-12Distance: 5.4 mi
Schools provided by the listing agent
- Elementary: Badin
Source: Triad MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- North Carolina
- Stanly County
- New London
- 28127
- 40181 Palmerville Rd
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