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221 Falling Ridge Ln

Belmont, NC 28012

2 bd 3 ba 1,100 sqft Built 2008 Lot 653 sqft townhomes
Most recent sale
$280,000
Apr 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 24, 2023 Listed for rent $2,100 CanopyMLS
May 13, 2022 Listed $274,999 MLS #3860579
Apr 21, 2022 Sold $280,000 MLS #3841138
Mar 24, 2022 Listed $274,999 MLS #3841138
Jul 30, 2020 Sold $182,000 MLS #3633913
Jun 29, 2020 Listed $185,000 MLS #3633913
Oct 28, 2008 Sold $144,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $203,500 $38,000 $241,500 $2,424
2024 $203,500 $38,000 $241,500 $2,424
2023 $203,500 $38,000 $241,500 $2,451
2022 $117,580 $32,500 $150,080 $1,943
2021 $117,580 $32,500 $150,080 $1,974
2020 $117,580 $32,500 $150,080 $1,974
2019 $117,580 $32,500 $150,080 $1,989
2018 $102,916 $20,800 $123,716 $1,732
2017 $102,916 $20,800 $123,716 $1,732
2016 $102,916 $20,800 $123,716 $1,076
2015 $102,916 $20,800 $123,716 $1,076
2014 $111,480 $32,000 $143,480 $1,248
2013 $111,480 $32,000 $143,480 $1,248
2012 $111,480 $32,000 $143,480 $1,198
2010 $111,492 $32,000 $143,492 $1,198
2009 $111,492 $32,000 $143,492 $1,198
2008 $25,600 $25,600 $214

Property facts

Year built
2008
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,100 sqft
Lot size
653 sqft
ZIP code
28012
City
Belmont
Street
Falling Ridge Ln
Coordinates
35.26551, -81.01990

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,485
Gross rental yield
6.36%
Implied cap rate
4.14%
Trend-extrapolated value

Frequently asked questions

When did 221 Falling Ridge Ln last sell?
221 Falling Ridge Ln most recently sold on Apr 21, 2022 for $280,000.
What is the current tax assessment for 221 Falling Ridge Ln?
The most recent total assessment for 221 Falling Ridge Ln (year 2025) is $241,500 with $2,424 in property tax.
How does 221 Falling Ridge Ln's assessment compare to its last sale price?
The current assessment is 13.8% below the last sale price of $280,000.
When was 221 Falling Ridge Ln built?
221 Falling Ridge Ln was built in 2008.
How does 221 Falling Ridge Ln compare to others on Falling Ridge Ln?
We track 4 other properties on Falling Ridge Ln. Browse the list under "Other properties on Falling Ridge Ln" to compare beds, baths, and sale history.
What are the property facts for 221 Falling Ridge Ln?
221 Falling Ridge Ln is a 2 bed, 3 bath, 1,100 sqft, 653 sqft lot townhomes.
Is 221 Falling Ridge Ln a flip candidate?
Yes — 221 Falling Ridge Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 221 Falling Ridge Ln a tax-appeal candidate?
No — 221 Falling Ridge Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.6%
Implied 1-yr
+6.6%
2026 Q3
$568.6K
2026 Q4
$577.1K
ZIP 28012 — Median Price History + Forecast

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