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118 Ridgewood Ln

Statesville, NC 28677

3 bd 2 ba 1,740 sqft Built 1967 Lot 19,950 sqft single_family
Most recent sale
$225,000
Aug 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2023 Sold $498,000 Public Record
Aug 29, 2022 Sold $225,000 MLS #3873296
Jul 8, 2022 Price changed $239,900 MLS #3873296
Jun 17, 2022 Listed $249,900 MLS #3873296

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $229,370 $20,000 $249,370 $1,556
2024 $229,370 $20,000 $249,370 $1,556
2023 $205,080 $20,000 $225,080 $1,410
2021 $63,640 $8,500 $72,140 $508
2020 $63,640 $8,500 $72,140 $509
2019 $63,640 $8,500 $72,140 $491
2018 $78,510 $8,500 $87,010 $572
2017 $74,810 $8,500 $83,310 $550
2016 $74,810 $8,500 $83,310 $550
2015 $74,810 $8,500 $83,310 $550
2014 $80,330 $8,500 $88,830 $541
2013 $80,330 $8,500 $88,830 $541
2012 $84,530 $517
2011 $84,530 $504
2010 $89,890 $485
2009 $89,890 $485
2008 $89,890 $485

Property facts

Year built
1967
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,740 sqft
Lot size
19,950 sqft
ZIP code
28677
City
Statesville
Street
Ridgewood Ln
Coordinates
35.75492, -80.89227

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,349
Gross rental yield
12.53%
Implied cap rate
8.14%
Trend-extrapolated value

Frequently asked questions

When did 118 Ridgewood Ln last sell?
118 Ridgewood Ln most recently sold on Aug 29, 2022 for $225,000.
What is the current tax assessment for 118 Ridgewood Ln?
The most recent total assessment for 118 Ridgewood Ln (year 2025) is $249,370 with $1,556 in property tax.
How does 118 Ridgewood Ln's assessment compare to its last sale price?
The current assessment is 10.8% above the last sale price of $225,000.
When was 118 Ridgewood Ln built?
118 Ridgewood Ln was built in 1967.
How does 118 Ridgewood Ln compare to others on Ridgewood Ln?
We track 2 other properties on Ridgewood Ln. Browse the list under "Other properties on Ridgewood Ln" to compare beds, baths, and sale history.
What are the property facts for 118 Ridgewood Ln?
118 Ridgewood Ln is a 3 bed, 2 bath, 1,740 sqft, 19,950 sqft lot single_family.
Is 118 Ridgewood Ln a flip candidate?
Yes — 118 Ridgewood Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 118 Ridgewood Ln a tax-appeal candidate?
No — 118 Ridgewood 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
-1.2%
Implied 1-yr
-4.9%
2026 Q3
$308K
2026 Q4
$303.8K
ZIP 28677 — Median Price History + Forecast

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