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116 Ridge Rd

Butner, NC 27509

3 bd 3 ba 2,540 sqft Built 1958 Lot 19,166 sqft single_family
Most recent sale
$297,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $297,000 MLS #2426243
Aug 25, 2022 Price changed $297,000 MLS #2426243
Aug 11, 2022 Price changed $304,000 MLS #2426243
Jul 21, 2022 Listed $320,000 MLS #2426243
Apr 7, 2022 Price changed $336,000 MLS #2426243
Mar 30, 2022 Relisted $342,000 MLS #2426243
Mar 7, 2022 Relisted $342,000 MLS #2426243
Jan 10, 2022 Listed $342,000 MLS #2426243
Aug 20, 2021 Sold $308,000 Public Record
Jun 30, 2021 Sold $196,000 Public Record
Jan 1, 1997 Sold $152,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $213,655 $49,280 $262,935 $2,877
2023 $136,420 $39,424 $175,844 $2,327
2022 $136,420 $39,424 $175,844 $2,316
2021 $136,420 $39,424 $175,844 $2,206
2020 $136,420 $39,424 $175,844 $2,206
2019 $136,420 $39,424 $175,844 $2,206
2018 $136,420 $39,424 $175,844 $2,206
2017 $136,114 $39,424 $175,538 $2,272
2016 $136,114 $39,424 $175,538 $2,338
2015 $136,114 $39,424 $175,538 $2,153
2014 $136,114 $39,424 $175,538 $2,153
2013 $136,114 $39,424 $175,538 $2,153
2012 $136,114 $39,424 $175,538 $2,092
2011 $136,114 $39,424 $175,538 $2,025
2010 $136,114 $39,424 $175,538 $1,849
2009 $143,255 $18,480 $161,735 $1,753
2008 $143,255 $18,480 $161,735 $1,640
2007 $143,255 $18,480 $161,735 $1,639

Property facts

Year built
1958
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,540 sqft
Lot size
19,166 sqft
ZIP code
27509
City
Butner
Street
Ridge Rd
Coordinates
36.09955, -78.78371

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,429
Gross rental yield
13.85%
Implied cap rate
9.01%
Trend-extrapolated value

Frequently asked questions

When did 116 Ridge Rd last sell?
116 Ridge Rd most recently sold on Oct 14, 2022 for $297,000.
What is the current tax assessment for 116 Ridge Rd?
The most recent total assessment for 116 Ridge Rd (year 2025) is $262,935 with $2,877 in property tax.
How does 116 Ridge Rd's assessment compare to its last sale price?
The current assessment is 11.5% below the last sale price of $297,000.
When was 116 Ridge Rd built?
116 Ridge Rd was built in 1958.
How does 116 Ridge Rd compare to others on Ridge Rd?
We track 8 other properties on Ridge Rd. Browse the list under "Other properties on Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 116 Ridge Rd?
116 Ridge Rd is a 3 bed, 3 bath, 2,540 sqft, 19,166 sqft lot single_family.
Is 116 Ridge Rd a flip candidate?
Yes — 116 Ridge Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 116 Ridge Rd a tax-appeal candidate?
No — 116 Ridge Rd 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
+24.9%
Implied 1-yr
+99.8%
2026 Q2
$4.02M
2026 Q3
$4.4M
ZIP 27509 — Median Price History + Forecast

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