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Sign Up NowProperty Report for 2040 Ridge Rd, Raleigh, NC 27607
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Property Details
- Property Address 2040 Ridge Rd, Raleigh, NC 27607
- County Wake
- Parcel ID 0795.15-53-5045 0045029
- Legal description LO40 PROP OF OLSON & COMPTON BM1998-02230
- School district Wake County Schools
- Acreage 0.58
- Property class Single Family Residence
- Zoning Subscribe
- Square footage 5,045
- Year built 1956
- Bedrooms
- Bathrooms 4
About the Property
2040 Ridge Rd is a single family residence in the city of Raleigh, NC 27607. Located in the Wake County Schools, which resides in Wake County, NC and built in 1956. This Single Family Residence sits on a 25,265 sq ft lot and features 4 bathrooms and 5,045 sq ft of living space.
The most recent property tax for 2040 Ridge Rd was $10,812 with an estimated market value range of $1,442,837 to $1,471,986. This property was last sold on June 05, 2015 for $790,000.
Property Info
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Flood
Legal
- LO40 PROP OF OLSON & COMPTON BM1998-02230
- Classification SINGLE FAMILY RESIDENCE
- County WAKE
- FIPS 37183
- Civil Division RALEIGH
- Census 371830515.012012
- Parcel ID 0795.15-53-5045 0045029
- Neighborhood KURT J OLSON & R SARAH COMPTON
- Tract 0
- Secondary School District N/A
- Primary School District Wake County Schools
Ownership
Land
- Acres 0.58
- Square Feet 25,265
Building
- Units 1
- Year Built 1956
- Effective Year Built 2009
- Stories 2
- # Fireplaces 1
- Garage/Carport N/A
Utilities
- Cooling Central
- Heating Central
Interior
- Square Footage
- Living Area 5,045
- Total Rooms 10
- Bedrooms N/A
- Total Bathrooms 4
- Full Bathrooms 4
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Start Free TrialRaleigh Residential Market Stats
Median Sale Price
$550,500
-3.4% YoY
Median Price/sq ft.
$238
Wake County Median Sale Price
$550,500
-3.4% YoY
See more Real Estate Trends for Raleigh including home values, types of properties sold and transaction volumes.
Taxes and Assessments for 2040 Ridge Rd, Raleigh
| Tax Year | Taxes | Tax Assesed Value | Exemptions |
|---|---|---|---|
| 2025 | $10,812 (+0.4%) | $1,237,523 | |
| 2024 | $10,768 (+7.4%) | $1,237,523 (+34.9%) | |
| 2023 | $10,023 (+7.6%) | $917,696 | |
| 2022 | |||
| 2021 | |||
| 2020 | |||
| 2019 |
Sales History for 2040 Ridge Rd, Raleigh
The most recent sale on 2040 Ridge Rd took place on Jun 05, 2015 and recorded on Jun 05, 2015 for $790,000.
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| Sale Date | Recorded Date | Buyer(s) | Seller(s) | Price | Document ID |
|---|---|---|---|---|---|
Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
| Address | Distance | SqFt | Sale Date | Price | $/SqFt |
|---|---|---|---|---|---|
| 6400 FALLS OF NEUSE RD | 4.76 mi | 6,070 | 08/05/2025 | $1,300,000 | $214 |
| 4800 LAKEMONT DR | 3.07 mi | 4,197 | 08/04/2025 | $1,650,000 | $393 |
| 3410 BRADLEY PL | 1 mi | 4,221 | 08/04/2025 | $2,100,000 | $498 |
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Nearby Cities
- 1. Raleigh
- 2. Cary
- 3. Morrisville
- 4. Knightdale
- 5. Garner
- 6. Wake Forest
Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.