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121 Ridge Ave

Cherryville, NC 28021

2 bd 2 ba 1,250 sqft Built 1999 Lot 26,136 sqft multi_family
Most recent sale
$145,897
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $145,897 MLS #3884016
Jul 14, 2022 Listed $135,000 MLS #3884016
Jan 19, 2007 Sold $90,000 Public Record
Nov 10, 2005 Sold $87,500 Public Record
Oct 9, 2002 Sold $266,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $166,750 $14,000 $180,750 $1,950
2024 $166,750 $14,000 $180,750 $1,950
2023 $166,750 $14,000 $180,750 $1,970
2021 $77,040 $9,000 $86,040 $1,162
2020 $77,040 $9,000 $86,040 $1,162
2019 $77,040 $9,000 $86,040 $1,119
2018 $73,681 $10,800 $84,481 $1,124
2017 $76,578 $10,800 $87,378 $1,162
2016 $76,578 $10,800 $87,378 $1,162
2015 $76,578 $10,800 $87,378 $1,162
2014 $82,474 $13,500 $95,974 $1,276
2013 $82,474 $13,500 $95,974 $1,276
2012 $82,474 $13,500 $95,974 $1,243
2010 $80,011 $13,500 $93,511 $1,211
2009 $80,011 $13,500 $93,511 $1,192
2008 $80,011 $13,500 $93,511 $1,192
2007 $80,011 $13,500 $93,511 $1,196

Property facts

Year built
1999
Property type
multi_family
Stories
Beds
2
Baths
2
Living area
1,250 sqft
Lot size
26,136 sqft
ZIP code
28021
City
Cherryville
Street
Ridge Ave
Coordinates
35.38940, -81.38351

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
$1,688
Gross rental yield
13.88%
Implied cap rate
9.02%
Trend-extrapolated value

Frequently asked questions

When did 121 Ridge Ave last sell?
121 Ridge Ave most recently sold on Aug 15, 2022 for $145,897.
What is the current tax assessment for 121 Ridge Ave?
The most recent total assessment for 121 Ridge Ave (year 2025) is $180,750 with $1,950 in property tax.
How does 121 Ridge Ave's assessment compare to its last sale price?
The current assessment is 23.9% above the last sale price of $145,897.
When was 121 Ridge Ave built?
121 Ridge Ave was built in 1999.
How does 121 Ridge Ave compare to others on Ridge Ave?
We track 8 other properties on Ridge Ave. Browse the list under "Other properties on Ridge Ave" to compare beds, baths, and sale history.
What are the property facts for 121 Ridge Ave?
121 Ridge Ave is a 2 bed, 2 bath, 1,250 sqft, 26,136 sqft lot multi_family.
Is 121 Ridge Ave a flip candidate?
No — 121 Ridge Ave does not appear in our flips dataset.
Is 121 Ridge Ave a tax-appeal candidate?
Yes — 121 Ridge Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.6%
Implied 1-yr
+6.5%
2026 Q2
$286.7K
2026 Q3
$290.8K
ZIP 28021 — Median Price History + Forecast

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