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5 Elk Ridge Ln

Southern Pines, NC 28387

2 bd 2 ba 1,337 sqft Built 2007 townhomes
Most recent sale
$286,500
Mar 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 9, 2025 Sold $340,000 HiveMLS
Jun 12, 2024 Listing removed $1,300 LongleafPineRealtors
Dec 29, 2023 Listing removed $1,500 HiveMLS
Mar 4, 2022 Sold $286,500 MLS #100309489
Jan 27, 2022 Listed $275,000 MLS #100309489
Dec 4, 2019 Listing removed $1,500 NCRMidCarolina
Jul 30, 2018 Sold $172,000 MLS #154026
Oct 1, 2017 Listing removed $1,300 LongleafPineRealtors
Sep 12, 2017 Price changed for rent $1,300 LongleafPineRealtors
Aug 12, 2017 Price changed for rent $1,350 LongleafPineRealtors
Jul 4, 2017 Listed for rent $1,400 LongleafPineRealtors
Aug 29, 2015 Listing removed $175,000 LongleafPineRealtors
Sep 27, 2013 Sold $172,000 Public Record
Aug 24, 2013 Price changed $179,000 MLS #154026
May 29, 2013 Listed $196,000 MLS #154026
Jun 29, 2011 Listing removed $185,000 LongleafPineRealtors
Apr 28, 2011 Listed $185,000 MLS #364447
Apr 25, 2011 Listed $185,000 MLS #143307
Dec 7, 2007 Sold $175,000 Public Record
May 9, 2007 Listed $175,000 MLS #293575

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $225,420 $55,000 $280,420 $1,787
2023 $225,420 $55,000 $280,420 $1,843
2022 $162,950 $55,000 $217,950 $2,016
2021 $162,950 $55,000 $217,950 $2,071
2020 $162,950 $55,000 $217,950 $2,088
2019 $162,950 $55,000 $217,950 $2,088
2018 $137,600 $55,000 $192,600 $1,743
2017 $137,600 $55,000 $192,600 $1,724
2016 $137,600 $55,000 $192,600 $1,685
2015 $137,600 $55,000 $192,600 $1,666
2014 $135,600 $40,000 $175,600 $1,501
2013 $135,600 $40,000 $175,600 $1,466
2012 $135,600 $40,000 $175,600 $1,466
2011 $135,600 $40,000 $175,600 $1,466
2010 $175,600 $1,466
2008 $175,600 $1,500

Property facts

Year built
2007
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,337 sqft
Lot size
ZIP code
28387
City
Southern Pines
Street
Elk Ridge Ln
Coordinates
35.16665, -79.40008

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
$1,805
Gross rental yield
7.56%
Implied cap rate
4.91%
Trend-extrapolated value

Frequently asked questions

When did 5 Elk Ridge Ln last sell?
5 Elk Ridge Ln most recently sold on Mar 4, 2022 for $286,500.
What is the current tax assessment for 5 Elk Ridge Ln?
The most recent total assessment for 5 Elk Ridge Ln (year 2024) is $280,420 with $1,787 in property tax.
How does 5 Elk Ridge Ln's assessment compare to its last sale price?
The current assessment is 2.1% below the last sale price of $286,500.
When was 5 Elk Ridge Ln built?
5 Elk Ridge Ln was built in 2007.
How does 5 Elk Ridge Ln compare to others on Elk Ridge Ln?
We track 8 other properties on Elk Ridge Ln. Browse the list under "Other properties on Elk Ridge Ln" to compare beds, baths, and sale history.
What are the property facts for 5 Elk Ridge Ln?
5 Elk Ridge Ln is a 2 bed, 2 bath, 1,337 sqft townhomes.
Is 5 Elk Ridge Ln a flip candidate?
No — 5 Elk Ridge Ln does not appear in our flips dataset.
Is 5 Elk Ridge Ln a tax-appeal candidate?
No — 5 Elk Ridge Ln 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
+2.8%
Implied 1-yr
+11.2%
2026 Q3
$619.9K
2026 Q4
$634.5K
ZIP 28387 — Median Price History + Forecast

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