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408 Ribbon Rail St

Fuquay Varina, NC 27526

3 bd 3 ba 1,735 sqft Built 2024 Lot 1,742 sqft townhomes
Most recent sale
$350,990
Jul 17, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2025 Listing removed $1,850 HiveMLS
Sep 8, 2024 Listed for rent $1,850 RentalBeast
Aug 6, 2024 Listed for rent $1,850 NCRMLS
Jul 17, 2024 Sold $350,990 TriangleAreaNC
Jun 6, 2024 Price changed $350,990 Pulte
Jun 4, 2024 Price changed $350,990 TriangleAreaNC
May 20, 2024 Price changed $357,990 TriangleAreaNC
May 9, 2024 Listed $367,990 Pulte
May 6, 2024 Price changed $367,990 TriangleAreaNC
Apr 12, 2024 Price changed $392,570 TriangleAreaNC
Apr 2, 2024 Listed $398,570 TriangleAreaNC
Mar 20, 2024 Sold $2,333,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $279,406 $75,000 $354,406 $3,121
2024 $75,000 $75,000 $653

Property facts

Year built
2024
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,735 sqft
Lot size
1,742 sqft
ZIP code
27526
City
Fuquay Varina
Street
Ribbon Rail St
Coordinates
35.58934, -78.78917

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
$2,342
Gross rental yield
8.01%
Implied cap rate
5.20%
Trend-extrapolated value

Frequently asked questions

When did 408 Ribbon Rail St last sell?
408 Ribbon Rail St most recently sold on Jul 17, 2024 for $350,990.
What is the current tax assessment for 408 Ribbon Rail St?
The most recent total assessment for 408 Ribbon Rail St (year 2025) is $354,406 with $3,121 in property tax.
How does 408 Ribbon Rail St's assessment compare to its last sale price?
The current assessment is 1.0% above the last sale price of $350,990.
When was 408 Ribbon Rail St built?
408 Ribbon Rail St was built in 2024.
How does 408 Ribbon Rail St compare to others on Ribbon Rail St?
We track 8 other properties on Ribbon Rail St. Browse the list under "Other properties on Ribbon Rail St" to compare beds, baths, and sale history.
What are the property facts for 408 Ribbon Rail St?
408 Ribbon Rail St is a 3 bed, 3 bath, 1,735 sqft, 1,742 sqft lot townhomes.
Is 408 Ribbon Rail St a flip candidate?
No — 408 Ribbon Rail St does not appear in our flips dataset.
Is 408 Ribbon Rail St a tax-appeal candidate?
No — 408 Ribbon Rail St 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
-19.1%
Implied 1-yr
-76.5%
2026 Q3
$440.3K
2026 Q4
$440.3K
ZIP 27526 — Median Price History + Forecast

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