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7320 Ridge Rd, Tobaccoville, NC, 27050

2beds
1baths
0sqft
$111,000
--price/sqft
$860/moest. monthly cost
$34,400/yrincome needed

About This Home

Property is available for online auction only. See Realty Bid for property, auction, showing & bidding information.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

8/10
Old Richmond ElementaryGrades PK-51.7 mi
1/10
Northwest MiddleGrades 6-85.9 mi
2/10
North Forsyth HighGrades 9-127.8 mi

Construction

Condition

  • Year built: 1939

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area above ground: 1,160

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 1,160

Property

Details

  • Parcel number: 5980546317
  • Lease amount: 0
  • Special condition: Auction,Real Estate Owned

Lot

  • Lot size: 0.72 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Ice Storm
Winter Weather

FEMA Declared Disasters in Forsyth County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $561$6,732
Home Insurance *$42$504
Property Taxes $57$684
Electricity $200$2,405
Total$860$10,320
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$29,485/yr
40% on housing$25,800/yr
45% on housing$22,933/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 27050$162
Forsyth County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 27050$167
Forsyth County$168

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-12-19Sold$110,550
2025-03-06Listing removed$145,500
2025-01-29Price change$145,500
2024-11-28Listed for sale$153,500
2007-08-08Sold$75,000

Unknown Listed By

AgentBrian Brockman
BrokerageBang Realty

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