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5618 Ridge Rd

Lexington, NC 27295

2 bd 1 ba 1,400 sqft Built 1940 Lot 43,560 sqft single_family
Most recent sale
$176,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $176,000 MLS #1065390
Apr 12, 2022 Price changed $175,000 MLS #1065390
Apr 11, 2022 Listed $198,900 MLS #1065390
May 27, 2021 Sold $50,000 Public Record
Oct 1, 2012 Sold $44,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $84,030 $32,670 $116,700 $770
2023 $84,030 $32,670 $116,700 $770
2022 $61,720 $32,670 $94,390 $602
2021 $61,720 $32,670 $94,390 $602
2020 $56,340 $32,670 $89,010 $567
2019 $56,340 $32,670 $89,010 $576
2018 $56,340 $32,670 $89,010 $576
2017 $56,340 $32,670 $89,010 $576
2016 $56,340 $32,670 $89,010 $576
2015 $56,340 $32,670 $89,010 $576
2014 $58,380 $32,670 $91,050 $582
2013 $58,380 $32,670 $91,050 $582
2012 $69,540 $52,380 $121,920 $780
2011 $69,540 $52,380 $121,920 $780
2010 $69,540 $52,380 $121,920 $780
2009 $67,630 $54,270 $121,900 $780
2008 $67,630 $54,270 $121,900 $780
2007 $67,630 $54,270 $121,900 $590

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,400 sqft
Lot size
43,560 sqft
ZIP code
27295
City
Lexington
Street
Ridge Rd
Coordinates
35.92593, -80.20972

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,890
Gross rental yield
12.89%
Implied cap rate
8.38%
Trend-extrapolated value

Frequently asked questions

When did 5618 Ridge Rd last sell?
5618 Ridge Rd most recently sold on Jun 3, 2022 for $176,000.
What is the current tax assessment for 5618 Ridge Rd?
The most recent total assessment for 5618 Ridge Rd (year 2025) is $116,700 with $770 in property tax.
How does 5618 Ridge Rd's assessment compare to its last sale price?
The current assessment is 33.7% below the last sale price of $176,000.
When was 5618 Ridge Rd built?
5618 Ridge Rd was built in 1940.
How does 5618 Ridge Rd compare to others on Ridge Rd?
We track 8 other properties on Ridge Rd. Browse the list under "Other properties on Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 5618 Ridge Rd?
5618 Ridge Rd is a 2 bed, 1 bath, 1,400 sqft, 43,560 sqft lot single_family.
Is 5618 Ridge Rd a flip candidate?
Yes — 5618 Ridge Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5618 Ridge Rd a tax-appeal candidate?
No — 5618 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
-7.6%
Implied 1-yr
-30.5%
2026 Q3
$227.1K
2026 Q4
$227.1K
ZIP 27295 — Median Price History + Forecast

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