Closed

$240,000

40724 State Highway 740, New London, NC 28127

6beds

2,688sqft

Multi Family

Built in 1999

-- sqft lot

$302,500 Zestimate^®

$89/sqft

$1,522 Estimated rent

Home value

$302,500

$248,000 - $360,000

$1,522/mo

Zestimate^® history

Owner options

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$1,522/mo

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$1,522/mo

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$1,499/mo

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$1,499/mo

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What's special

Mobile trailer park

This listing consists of a mobile trailer park with (6) pads and four single wide trailers. It is an excellent investment opportunity. Seller has owned for more than (1) year and would like to sell preferably to investor. Tenants are responsible for all utilities, Owner pays lights for light pole that provides light for trailers. Currently (5) of the (6) pads are occupied with trailers. The seller owns four of the trailers on lots 1,2,4, and 5.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Heating

Central

Cooling

Central Air

Appliances

Included: None
Laundry: Other

Features

Has basement: No

Interior area

Total structure area: 2,688
Total interior livable area: 2,688 sqft
Finished area above ground: 2,688
Finished area below ground: 0

Property

Parking

Parking features: Parking Space(s)

Lot

Size: 2.08 Acres

Details

Parcel number: 665102864825
Zoning: MBL HM
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Metal, Vinyl
Foundation: None

Condition

New construction: No
Year built: 1999

Utilities & green energy

Sewer: Septic Installed
Water: City

Community & HOA

Location

Region: New London

Financial & listing details

Price per square foot: $89/sqft
Tax assessed value: $34,875
Annual tax amount: $289
Date on market: 4/5/2025
Cumulative days on market: 33 days
Listing terms: Cash
Tenant pays: All Utilities
Road surface type: Concrete

Price history

Date	Event	Price
5/30/2025	Sold	$240,000-10.8%$89/sqft
Source: Canopy MLS as distributed by MLS GRID #4243541 Report a problem
4/30/2025	Price change	$269,000-10.2%$100/sqft
Source: Canopy MLS as distributed by MLS GRID #4243541 Report a problem
4/5/2025	Listed for sale	$299,500+252.4%$111/sqft
Source: Canopy MLS as distributed by MLS GRID #4243541 Report a problem
9/9/2021	Sold	$85,000+6438.5%$32/sqft
Source: Public Record Report a problem
3/7/2018	Sold	$1,300
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$289 +19.9%	$48,886 +40.2%
2024	$241	$34,875
2023	$241 -54.1%	$34,875 +3.3%
2022	$524 +1.2%	$33,774
2021	$518 +3.5%	$33,774 +10%
2020	$500 +117.2%	$30,708
2019	$230	$30,708
2018	$230 +21.9%	$30,708 +21.9%
2017	$189 -4.5%	$25,181 -3.6%
2016	$198	$26,112
2015	$198 -41.7%	$26,112
2014	$339	$26,112
2013	--	$26,112 -20.8%
2012	--	$32,949
2011	--	$32,949
2010	--	$32,949
2009	--	$32,949
2008	--	$32,949
2007	--	$32,949
2006	--	$32,949 +1.1%
2005	--	$32,601
2004	--	$32,601 -3.8%
2003	--	$33,890 +73.2%
2002	--	$19,569