508 Ridge Ave
Kannapolis, NC 28083
3 bd 2 ba 1,434 sqft Built 1930 Lot 9,230 sqft single_family
Most recent sale
$318,000
Apr 17, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 17, 2024 | Sold | $318,000 | CanopyMLS |
| Mar 8, 2024 | Price changed | $325,000 | CanopyMLS |
| Dec 4, 2023 | Listed | $330,000 | CanopyMLS |
| Nov 8, 2023 | Listing removed | — | CanopyMLS |
| Oct 13, 2023 | Price changed | $330,000 | CanopyMLS |
| Sep 23, 2023 | Price changed | $325,000 | CanopyMLS |
| Sep 11, 2023 | Listed | $338,900 | CanopyMLS |
| Nov 23, 2011 | Sold | $75,000 | Public Record |
| Dec 6, 2005 | Sold | $83,000 | Public Record |
| Mar 1, 1990 | Sold | $50,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $244,640 | $44,000 | $288,640 | $3,277 |
| 2023 | $110,120 | $32,000 | $142,120 | $1,947 |
| 2022 | $106,980 | $32,000 | $138,980 | $1,904 |
| 2021 | $106,980 | $32,000 | $138,980 | $1,904 |
| 2020 | $106,980 | $32,000 | $138,980 | $1,904 |
| 2019 | $90,350 | $13,600 | $103,950 | $1,424 |
| 2018 | $90,350 | $13,600 | $103,950 | $1,403 |
| 2017 | $90,350 | $13,600 | $103,950 | $1,382 |
| 2016 | $90,350 | $13,600 | $103,950 | $1,382 |
| 2015 | $87,320 | $23,000 | $110,320 | $1,467 |
| 2014 | $87,320 | $23,000 | $110,320 | $1,434 |
| 2013 | $87,320 | $23,000 | $110,320 | $1,390 |
| 2012 | $87,320 | $23,000 | $110,320 | $1,390 |
| 2010 | $94,840 | $30,000 | $124,840 | $1,398 |
| 2009 | $94,840 | $30,000 | $124,840 | $1,398 |
| 2008 | $94,840 | $30,000 | $124,840 | $1,398 |
| 2007 | $79,110 | $16,090 | $95,200 | $1,072 |
Property facts
Year built
1930
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,434 sqft
Lot size
9,230 sqft
ZIP code
28083
City
Kannapolis
Street
Ridge Ave
Coordinates
35.50411, -80.61847
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,936
Gross rental yield
7.31%
Implied cap rate
4.75%
Trend-extrapolated value
—
Frequently asked questions
When did 508 Ridge Ave last sell?
508 Ridge Ave most recently sold on Apr 17, 2024 for $318,000.
What is the current tax assessment for 508 Ridge Ave?
The most recent total assessment for 508 Ridge Ave (year 2025) is $288,640 with $3,277 in property tax.
How does 508 Ridge Ave's assessment compare to its last sale price?
The current assessment is 9.2% below the last sale price of $318,000.
When was 508 Ridge Ave built?
508 Ridge Ave was built in 1930.
How does 508 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 508 Ridge Ave?
508 Ridge Ave is a 3 bed, 2 bath, 1,434 sqft, 9,230 sqft lot single_family.
Is 508 Ridge Ave a flip candidate?
No — 508 Ridge Ave does not appear in our flips dataset.
Is 508 Ridge Ave a tax-appeal candidate?
No — 508 Ridge Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.4%
Implied 1-yr
+5.5%
2026 Q3
$309.5K
2026 Q4
$313.4K
ZIP 28083 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Ridge Ave