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3101 Ridge Ave, Charlotte, NC, 28208

2beds
1baths
827sqft
$140,000
$169price/sqft
$1,044/moest. monthly cost
$41,760/yrincome needed

About This Home

Discover an exceptional opportunity in the growing Reid Park community. This rare corner lot, zoned N1-C, offers outstanding potential for new construction or a complete renovation. Ideally located just minutes from Uptown Charlotte, South End, Charlotte Douglas International Airport, I 77, shopping, dining, and entertainment, the property is positioned in one of Charlotte's rapidly developing areas. The neighborhood continues to experience strong growth, with newly constructed homes nearby. Don't miss this opportunity to secure a well located property with significant upside potential in an area experiencing ongoing investment and redevelopment.

Getting Around

32
WalkingCar-Dependent
34
TransitSome Transit
21
BikeSomewhat Bikeable

Schools

3/10
Reid Park ElementaryGrades PK-50.3 mi
3/10
Wilson STEM AcademyGrades 6-83.9 mi
1/10
Harding University HighGrades 9-122.1 mi

Construction

Condition

  • Year built: 1955

Materials

  • Foundation: Crawl Space
  • Construction materials: Wood

Type & Style

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

Interior

Appliances

  • Appliances included: None
  • Laundry features: None

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 827

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 827
  • Total interior livable area: 827 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 14517401
  • Zoning: N1-C
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.14 Acres

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

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

  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Tornado

FEMA Declared Disasters in Mecklenburg 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 $707$8,484
Home Insurance *$49$588
Property Taxes $88$1,056
Electricity $200$2,405
Total$1,044$12,528
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$35,794/yr
40% on housing$31,320/yr
45% on housing$27,840/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: 12.8%
12.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$169This listing

vs Other Active Listings

Avg $/sqft

ZIP 28208$198
Mecklenburg County$237

vs Homes Sold Last Month

Median $/sqft

ZIP 28208$258
Mecklenburg County$238

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)

No zestimate history available

Price History

DateEventPrice
2026-08-10Price change$135,000
2026-08-03Price change$140,000
2026-07-23Price change$145,000
2026-07-14Price change$150,000
2026-07-07Price change$155,000
2026-06-29Price change$162,500
2026-06-24Price change$170,000
2026-06-18Price change$177,500
2026-06-09Listed for sale$185,000
1987-03-13Sold$22,500

For Sale by Agent

AgentAmanda Clark
BrokerageSavvy + Co Real Estate

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