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514 Pine Ridge Pl

Raleigh, NC 27609

2 bd 2 ba 1,005 sqft Built 1972 condos
Most recent sale
$185,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 22, 2025 Sold $140,500 DoorifyMLS
Nov 13, 2025 Listed $150,000 DoorifyMLS
Oct 18, 2025 Price changed $155,000 DoorifyMLS
Sep 21, 2025 Listed $165,000 DoorifyMLS
Jul 17, 2025 Price changed $178,000 DoorifyMLS
Jun 7, 2025 Price changed $180,000 DoorifyMLS
May 31, 2025 Price changed $185,000 DoorifyMLS
May 20, 2025 Listed $189,000 DoorifyMLS
Jun 3, 2022 Sold $185,000 Public Record
Apr 4, 2022 Listed $161,000 MLS #2440026
Aug 16, 2019 Sold $83,000 Public Record
Mar 1, 2013 Listing removed $60,000 DoorifyMLS
Aug 9, 2012 Listed $60,000 MLS #1849798
Jul 30, 2012 Listing removed $60,000 DoorifyMLS
Feb 15, 2011 Listed $60,000 MLS #1768384
May 27, 1992 Sold $43,000 Public Record
Jan 25, 1989 Sold $44,500 Public Record
Jan 5, 1984 Sold $44,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $183,253 $183,253 $1,618
2024 $183,253 $183,253 $1,611
2023 $82,195 $82,195 $915
2022 $82,195 $82,195 $852
2021 $82,195 $82,195 $731
2020 $82,195 $82,195 $718
2019 $62,817 $62,817 $748
2018 $62,817 $62,817 $706
2017 $62,817 $62,817 $673
2016 $62,817 $62,817 $660
2015 $66,722 $66,722 $711
2014 $66,722 $66,722 $675
2013 $66,722 $66,722 $632
2012 $66,722 $66,722 $632
2011 $66,722 $66,722 $626
2010 $66,722 $66,722 $626
2009 $66,722 $66,722 $626
2007 $66,722 $66,722 $759

Property facts

Year built
1972
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,005 sqft
Lot size
ZIP code
27609
City
Raleigh
Street
Pine Ridge Pl
Coordinates
35.85353, -78.62681

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,357
Gross rental yield
8.80%
Implied cap rate
5.72%
Trend-extrapolated value

Frequently asked questions

When did 514 Pine Ridge Pl last sell?
514 Pine Ridge Pl most recently sold on Jun 3, 2022 for $185,000.
What is the current tax assessment for 514 Pine Ridge Pl?
The most recent total assessment for 514 Pine Ridge Pl (year 2025) is $183,253 with $1,618 in property tax.
How does 514 Pine Ridge Pl's assessment compare to its last sale price?
The current assessment is 0.9% below the last sale price of $185,000.
When was 514 Pine Ridge Pl built?
514 Pine Ridge Pl was built in 1972.
How does 514 Pine Ridge Pl compare to others on Pine Ridge Pl?
We track 8 other properties on Pine Ridge Pl. Browse the list under "Other properties on Pine Ridge Pl" to compare beds, baths, and sale history.
What are the property facts for 514 Pine Ridge Pl?
514 Pine Ridge Pl is a 2 bed, 2 bath, 1,005 sqft condos.
Is 514 Pine Ridge Pl a flip candidate?
No — 514 Pine Ridge Pl does not appear in our flips dataset.
Is 514 Pine Ridge Pl a tax-appeal candidate?
Yes — 514 Pine Ridge Pl appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.1%
Implied 1-yr
-8.4%
2026 Q3
$1.2M
2026 Q4
$1.17M
ZIP 27609 — Median Price History + Forecast

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