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131 Mountain Ridge Dr

Lake Lure, NC 28746

2 bd 2 ba 1,150 sqft Built 2004 Lot 284,447 sqft single_family
Most recent sale
$354,000
Jan 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 14, 2025 Listed $439,000 CanopyMLS
Jan 31, 2022 Sold $354,000 MLS #3805523
Mar 8, 2017 Sold $176,900 MLS #3222947
Mar 3, 2017 Listed $179,900 MLS #3222947
Mar 3, 2017 Sold $176,900 MLS #3222947
Oct 12, 2016 Listed $179,900 MLS #3222947
Oct 20, 2015 Sold $172,000 MLS #NCM391321
Feb 2, 2014 Listing removed $179,900 NWCarolina
Oct 9, 2013 Price changed $179,900 MLS #532072
Feb 5, 2013 Listed $189,900 MLS #532072
Jul 29, 2011 Listed $179,900 MLS #NCM391321
Jul 29, 2011 Sold $172,000 Public Record
Feb 2, 2011 Price changed $179,900 MLS #391321
Jan 24, 2011 Price changed $189,900 MLS #391321
Jan 11, 2010 Relisted $199,000 MLS #391321
Sep 6, 2009 Listing removed $239,000 NWCarolina
Feb 27, 2009 Listed $239,000 MLS #391321
Feb 14, 2006 Sold $150,000 Public Record
Mar 2, 2005 Sold $76,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $244,300 $28,100 $272,400 $1,695
2023 $244,300 $28,100 $272,400 $1,594
2022 $142,500 $28,100 $170,600 $1,301
2021 $142,500 $28,100 $170,600 $1,288
2020 $142,500 $28,100 $170,600 $1,288
2019 $142,500 $28,100 $170,600 $1,280
2018 $108,500 $33,200 $141,700 $1,101
2017 $108,500 $33,200 $141,700 $1,070
2016 $108,500 $33,200 $141,700 $1,065
2015 $108,500 $33,200 $141,700 $1,065
2014 $108,500 $33,200 $141,700 $1,065
2013 $108,500 $33,200 $141,700 $1,065
2012 $108,500 $33,200 $141,700 $1,023
2011 $112,500 $36,400 $148,900 $939
2010 $112,500 $36,400 $148,900 $919
2009 $112,500 $36,400 $148,900 $919
2008 $112,500 $36,400 $148,900 $919

Property facts

Year built
2004
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,150 sqft
Lot size
284,447 sqft
ZIP code
28746
City
Lake Lure
Street
Mountain Ridge Dr
Coordinates
35.50989, -82.12328

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,553
Gross rental yield
5.26%
Implied cap rate
3.42%
Trend-extrapolated value

Frequently asked questions

When did 131 Mountain Ridge Dr last sell?
131 Mountain Ridge Dr most recently sold on Jan 31, 2022 for $354,000.
What is the current tax assessment for 131 Mountain Ridge Dr?
The most recent total assessment for 131 Mountain Ridge Dr (year 2025) is $272,400 with $1,695 in property tax.
How does 131 Mountain Ridge Dr's assessment compare to its last sale price?
The current assessment is 23.1% below the last sale price of $354,000.
When was 131 Mountain Ridge Dr built?
131 Mountain Ridge Dr was built in 2004.
How does 131 Mountain Ridge Dr compare to others on Mountain Ridge Dr?
We track 4 other properties on Mountain Ridge Dr. Browse the list under "Other properties on Mountain Ridge Dr" to compare beds, baths, and sale history.
What are the property facts for 131 Mountain Ridge Dr?
131 Mountain Ridge Dr is a 2 bed, 2 bath, 1,150 sqft, 284,447 sqft lot single_family.
Is 131 Mountain Ridge Dr a flip candidate?
No — 131 Mountain Ridge Dr does not appear in our flips dataset.
Is 131 Mountain Ridge Dr a tax-appeal candidate?
No — 131 Mountain Ridge Dr 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
+3.9%
Implied 1-yr
+15.5%
2026 Q3
$513.8K
2026 Q4
$513.8K
ZIP 28746 — Median Price History + Forecast

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