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5307 Ridge Trail Rd

Summerfield, NC 27358

3 bd 3 ba 2,605 sqft Built 1996 Lot 56,628 sqft single_family
Most recent sale
$551,000
May 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 18, 2022 Sold $551,000 MLS #1065409
Apr 15, 2022 Listed $480,000 MLS #1065409
Jul 1, 1996 Sold $254,000 Public Record
Feb 1, 1996 Sold $42,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $325,100 $62,000 $387,100 $3,566
2024 $325,100 $62,000 $387,100 $3,407
2023 $325,100 $62,000 $387,100 $3,407
2022 $325,100 $62,000 $387,100 $2,865
2021 $238,200 $60,000 $298,200 $2,651
2020 $238,200 $60,000 $298,200 $2,651
2019 $238,200 $60,000 $298,200 $2,651
2018 $238,200 $60,000 $298,200 $2,651
2017 $238,200 $60,000 $298,200 $2,651
2016 $226,000 $60,000 $286,000 $2,612
2015 $226,000 $60,000 $286,000 $2,613
2014 $226,000 $60,000 $286,000 $2,655
2013 $226,000 $60,000 $286,000 $2,575
2012 $220,100 $60,000 $280,100 $2,551
2011 $220,100 $52,000 $272,100 $2,485
2010 $220,100 $52,000 $272,100 $2,339
2009 $214,800 $52,000 $266,800 $2,200
2008 $214,800 $52,000 $266,800 $2,294
2007 $214,800 $52,000 $266,800 $2,182

Property facts

Year built
1996
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,605 sqft
Lot size
56,628 sqft
ZIP code
27358
City
Summerfield
Street
Ridge Trail Rd
Coordinates
36.16829, -79.90682

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,517
Gross rental yield
7.66%
Implied cap rate
4.98%
Trend-extrapolated value

Frequently asked questions

When did 5307 Ridge Trail Rd last sell?
5307 Ridge Trail Rd most recently sold on May 18, 2022 for $551,000.
What is the current tax assessment for 5307 Ridge Trail Rd?
The most recent total assessment for 5307 Ridge Trail Rd (year 2025) is $387,100 with $3,566 in property tax.
How does 5307 Ridge Trail Rd's assessment compare to its last sale price?
The current assessment is 29.7% below the last sale price of $551,000.
When was 5307 Ridge Trail Rd built?
5307 Ridge Trail Rd was built in 1996.
How does 5307 Ridge Trail Rd compare to others on Ridge Trail Rd?
We track 1 other property on Ridge Trail Rd. Browse the list under "Other properties on Ridge Trail Rd" to compare beds, baths, and sale history.
What are the property facts for 5307 Ridge Trail Rd?
5307 Ridge Trail Rd is a 3 bed, 3 bath, 2,605 sqft, 56,628 sqft lot single_family.
Is 5307 Ridge Trail Rd a flip candidate?
No — 5307 Ridge Trail Rd does not appear in our flips dataset.
Is 5307 Ridge Trail Rd a tax-appeal candidate?
No — 5307 Ridge Trail 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
-3.6%
Implied 1-yr
-14.4%
2026 Q3
$453.6K
2026 Q4
$453.6K
ZIP 27358 — Median Price History + Forecast

Explore nearby

Other properties on Ridge Trail Rd