For SaleNeutral Deal72 days on market
5545 Pine Ridge Dr
5545 Pine Ridge Dr, Connelly Springs, NC 28612, Connelly Springs, NC 28612
$325,000
Listing Price
5545 Pine Ridge Dr, Connelly Springs, NC 28612
Loc: Connelly Springs, NC
Days Listed
72
Tax Assessed
$282k
Lot Size
1.16 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
George Hildebrand Elementary
PK-5
7.7 mi away
4
East Burke Middle
6-8
13.4 mi away
4
East Burke High
9-12
13.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
contemporary ranchraised foundationvinyl sidingwrap-around deckattached garagemountain viewswoodland settingspacious decklattice railingmulti-levelsunset lightingcozy aestheticresidential propertysloped terrain
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.33%
Total ROI
96.4%
Cash Flow
$27/mo
DSCR
1.02
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $27/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • Strong rental demand in Connelly Springs
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-06-26 | Listed for sale | $325,000 | $199 |
| 2023-05-09 | Sold | $277,000 | $169 |
| 2023-04-01 | Listed for sale | $269,000 | $165 |
| 2021-03-08 | Sold | $156,000 | $95 |
| 2021-01-29 | Pending sale | $179,900 | $110 |
| 2021-01-22 | Listed for sale | $179,900 | $110 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,043.62 | $282,435 |
| 2024 | $2,053.75 | $282,435 |
| 2023 | $1,265.84 | $169,230 |
| 2022 | $1,180.27 | $132,162 |
| 2021 | $1,174.27 | $132,162 |
| 2020 | $1,170.27 | $132,162 |
| 2019 | $207.43 | $132,162 |
| 2018 | $1,028.25 | $115,072 |
| 2017 | $964.6 | $115,072 |
| 2016 | $964.6 | $110,246 |
| 2015 | $932.38 | $106,665 |
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