See Home Value
$665,000
● House - Off Market

1313 Ridge Road

Raleigh, NC 27607
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,136 Ft²
$3,898
Est. Monthly
2.74%
Cap Rate

About This Property

Prime Opportunity in a Sought-After Location - 1313 Ridge Rd

Nestled on a deep and versatile .36-acre lot, this charming 1-story, 1,135 sq ft home with a tall unfinished basement offers incredible potential in one of Raleigh's most desirable areas. Whether you're looking to build your dream home, add an ADU, expand the existing footprint, or invest in a property with strong upside, this is a rare find.

The home features 3 bedrooms, a recently updated bathroom, and a bright, functional kitchen that opens into a comfortable living and dining area-ideal for entertaining or everyday living. Solid hardwood floors add warmth and character throughout the home.

The property enjoys unbeatable convenience-just one block from Ridgewood Shopping Center, home to Whole Foods, Fleet Feet, Snookers, Taco Bamba and Drift Coffee Shop & Cafe, along with other boutique shops and neighborhood favorites.

Surrounded by new high-end multi-million dollar infill homes, this location offers long-term value and lifestyle appeal. With easy access to Wade Avenue, you're minutes from RTP via I-40, easy access to I-440, or a straight shot to the Village District and downtown Raleigh.

Perfect for a builder looking for a teardown, someone seeking a stylish starter home in a prestigious neighborhood with room to grow, or an investor looking for property with a strong rental history and future appreciation-1313 Ridge Rd is a rare gem with limitless possibilities.
Unit Size
1,136 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$638
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1953

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Last updated: 2 years ago (TMLS #10095179)

Price History

Date / Event Date Event Price
Sep 3, 2025 Sold
Sold
May 20, 2025 In contract -
In contract
May 9, 2025 Listed by Real Broker, LLC $725,000
Listed by Real Broker, LLC
Apr 28, 2005 Sold
Sold
Oct 31, 2002 Sold
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1980
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 1,118
  • Building Area: 1,118
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 3
  • Heated Square Feet: 1,118
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARY E MOORE
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO3 MARY E MOORE PROPERTY BM1920-250

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051502

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0024301
  • District: 01
  • Parcel: 0794.06-27-6829 0024301
  • Lot: 3
  • Municipality: RALEIGH
  • Latitude: 35.8045
  • Longitude: -78.6874

    Address

  • Full Address: 1313 Ridge Rd
  • Address - House Number: 1313
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C008
  • 4-Digit Zip Code: 6836
  • Zip Code: 27607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $267,285

    Appraisal Valuation

  • Standard Deviation: 0.1328
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 485,942
  • High Value: 550,486
  • Low Value: 421,397

    Market Valuation

  • Market Total Value: $262,010
  • Market Land Value: $238,500
  • Market Improvement Value: $23,510

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $262,010
  • Assessed Land Value: $238,500
  • Assessed Improvements Value: $23,510

    Sales

  • Current Sale Contract Date: Apr 28, 2005
  • Current Sale Recording Date: Apr 28, 2005
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 31, 2002
  • Previous Sale Contract Date: Oct 31, 2002
  • Previous Sale Amount: $193,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Hills


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Nearby Rentals

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$2,000 /mo

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2200 Hope Street, Raleigh, NC, 27607 Listing by Spencer Southern
Unit for rent at 21 Shepherd Street, Raleigh, NC, 27607

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 988 ft²
21 Shepherd Street #215, Raleigh, NC, 27607 Listing by Chip Edwards
Unit for rent at 1511 Graduate Lane, Raleigh, NC, 27606

$2,200 /mo

  • 4 Beds
  • 4 Baths
  • 1,224 ft²
1511 Graduate Lane #101, Raleigh, NC, 27606 Listing by Deanna Sparks


Frequently Asked Questions

When was property at 1313 Ridge Road built and last sold?
The property at 1313 Ridge Road was built in 1953 and last sold on Apr 28, 2005 for $225,000.
How much is this home worth?
The estimated value of the home located at 1313 Ridge Road is $716,095.
What are some comparable homes to 1313 Ridge Road?
There are currently no comparable homes to 1313 Ridge Road.