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118 Ridge Rd

Cherryville, NC 28021

3 bd 1 ba 1,125 sqft Built 1971 Lot 48,787 sqft single_family
Most recent sale
$200,000
Dec 20, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 20, 2021 Sold $200,000 MLS #3769227
Oct 21, 2021 Listed $199,900 MLS #3769227
Mar 22, 2021 Sold $51,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $170,714 $18,150 $188,864 $1,230
2024 $170,714 $18,150 $188,864 $617
2023 $53,529 $14,368 $67,897 $617
2022 $53,529 $14,368 $67,897 $617
2021 $53,529 $14,368 $67,897 $618
2020 $29,463 $14,368 $43,831 $436
2019 $29,463 $14,368 $43,831 $436
2018 $29,463 $14,368 $43,831 $432
2017 $29,463 $14,368 $43,831 $432
2016 $29,463 $14,368 $43,831 $408
2015 $39,623 $9,453 $49,076 $447
2014 $39,623 $9,453 $49,076 $447
2013 $39,623 $9,453 $49,076 $447
2012 $39,623 $9,453 $49,076 $427
2011 $39,623 $9,453 $49,076 $425
2010 $39,623 $9,453 $49,076 $425
2009 $39,623 $9,453 $49,076 $425

Property facts

Year built
1971
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,125 sqft
Lot size
48,787 sqft
ZIP code
28021
City
Cherryville
Street
Ridge Rd
Coordinates
35.35068, -81.44855

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,519
Gross rental yield
9.11%
Implied cap rate
5.92%
Trend-extrapolated value

Frequently asked questions

When did 118 Ridge Rd last sell?
118 Ridge Rd most recently sold on Dec 20, 2021 for $200,000.
What is the current tax assessment for 118 Ridge Rd?
The most recent total assessment for 118 Ridge Rd (year 2025) is $188,864 with $1,230 in property tax.
How does 118 Ridge Rd's assessment compare to its last sale price?
The current assessment is 5.6% below the last sale price of $200,000.
When was 118 Ridge Rd built?
118 Ridge Rd was built in 1971.
How does 118 Ridge Rd compare to others on Ridge Rd?
We do not currently track other properties on Ridge Rd.
What are the property facts for 118 Ridge Rd?
118 Ridge Rd is a 3 bed, 1 bath, 1,125 sqft, 48,787 sqft lot single_family.
Is 118 Ridge Rd a flip candidate?
Yes — 118 Ridge Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 118 Ridge Rd a tax-appeal candidate?
No — 118 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
+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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