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CondominiumResidential
$164,000$156 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $95,000 on May 23, 2024

550 PINE RIDGE PL

RALEIGH, NC 27609
1.5
Baths
1,050 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1972
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$164K
$152K low$176K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$95,000 · May 23, 2024
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$41,300
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$33,040
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.75%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$122,700
KIAVI FUNDING INC · recorded May 23, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,487 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$168,263 (2025)
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$168,263
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$168,263

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.47
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
15
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
87
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
88
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyWAKE
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Douglas Magnet Elementary SchoolC-
Elementary · Grades PK–5 · 1.0 mi
M
Carroll Magnet Middle SchoolC+
Middle · Grades 6–8 · 1.1 mi
H
Sanderson High SchoolB-
High · Grades 9–12 · 1.1 mi

District: Wake County Schools

Neighborhood · ZIP 27609These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.117
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.83
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.42

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.42%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.39,499
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,515 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$94,548
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$117,912
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.Yes

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

550 Pine Ridge Pl measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the least valuable homes in North Raleigh
  • Costs less per square foot than 96% of homes in Raleigh 27609
  • Smaller than 97% of homes in North Raleigh
  • Older than 89% of homes in North Raleigh

What homes are worth in Raleigh 27609

Each bar is how many homes fall in that price range. The marker is this home.

This home
$169K$3.2M

This home is worth more than 2% of homes in Raleigh 27609.

How it measures up in Raleigh 27609

The dot is this home. The mark in the middle is the typical home in Raleigh 27609.

Estimated value$164,000
CheaperTypical $603,670Pricier

Pricier than 2% of homes nearby

Price per ft²$156
CheaperTypical $302Pricier

Pricier than 4% of homes nearby

Living area1,050 ft²
SmallerTypical 1,980 ft²Bigger

Bigger than 4% of homes nearby

Year built1972
OlderTypical 1972Newer

Newer than 52% of homes nearby

How 550 Pine Ridge Pl ranks against every home in each area.
MeasureThis homeNorth RaleighRaleigh 27609Wake County
Estimated valuepricier than$164,000almost no homes2% of homesalmost no homes
Price per ft²pricier than$1565% of homes4% of homes5% of homes
Living areabigger than1,050 ft²3% of homes4% of homes4% of homes
Year builtnewer than197211% of homes52% of homes12% of homes

About 550 Pine Ridge Pl

How much is 550 Pine Ridge Pl, Raleigh, NC worth?

The TopHap Estimate for 550 Pine Ridge Pl, Raleigh, NC is $164,000 as of Jul 14, 2026. The likely range is $151,719 to $176,281. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 550 Pine Ridge Pl, Raleigh, NC last sell?

550 Pine Ridge Pl, Raleigh, NC last sold on May 23, 2024 for $95,000, according to the county's recorded deed.

How big is 550 Pine Ridge Pl, Raleigh, NC?

550 Pine Ridge Pl, Raleigh, NC has 1.5 bathrooms and 1,050 square feet of living space.

When was 550 Pine Ridge Pl, Raleigh, NC built?

550 Pine Ridge Pl, Raleigh, NC was built in 1972, making it 54 years old. It is a condo/apartment home. The building has 1 story.

What schools serve 550 Pine Ridge Pl, Raleigh, NC?

550 Pine Ridge Pl, Raleigh, NC is assigned to Douglas Magnet Elementary School (elementary), rated C-; Carroll Magnet Middle School (middle), rated C+; Sanderson High School (high), rated B-. All sit in Wake County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 550 Pine Ridge Pl, Raleigh, NC compare to other homes in Raleigh 27609?

Among the 10,081 homes in Raleigh 27609, it is worth more than 2% of them ($164,000 against a typical $603,670), its price per square foot is higher than 4% of them ($156 against a typical $302), it is bigger than 4% of them (1,050 ft² against a typical 1,980 ft²) and it is newer than 52% of them (1972 against a typical 1972). Measured against all of Wake County, it is worth more than almost no homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 550 Pine Ridge Pl, Raleigh, NC?

The 2025 property tax bill for 550 Pine Ridge Pl, Raleigh, NC was $1,487. The county assessed it at $168,263.

Closest homes

More homes in Raleigh 27609

Assigned schools

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