Fannie Mae HomePath Property, purchase this property for as little as 3% down. This property is approved for HomePath Renovation Mortgage Financing only. Go to HomePath.com. Eligibility restrictions apply. See attachments. Lovely country setting home right in the heart of Rougemont. Nestled on over 4 acres w/ pond, detached garage and out building (s) has lots of potential.
Single-familyProperty Type
1920Year Built
4.58 acresLot Size
$158Est. Price/Sq.Ft.
2 car garageParking
Listed by Tim Burrell• RE/MAX United
Bought with Keith Pate• Keller Williams Preferred Realty
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Earn from this home
Sell
$305,771
Est. take-home
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Rent
$2,701/mo
Redfin rental estimate
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Market trends in 27572, NC
Last updated October 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-list price
98.0%
+0.1% MoM
Median sale price
$525K
$120K MoM
Avg. days on market
43d
31 days MoM
Recently sold homes
13
0 MoM
Provided by Redfin
Sale history for 122 Red Mountain Rd
Date
Event
Price
TMLS #1821206
Apr 13, 2012
Sold
$114,900
$46/sq ft
Mar 1, 2012
Listing Removed
—
Feb 15, 2012
Listed
$114,900
$46/sq ft
Public Records
Mar 21, 2002
Sold
$150,000
$61/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,472 (+31.7%)
$107,280 + $374,994
$482,274
2024
$2,636 (+6.1%)
$107,280 + $374,994
$482,274
2023
$2,485 (+4.8%)
$39,303 + $217,756
$257,059
2022
$2,371 (+12.4%)
$39,303 + $217,756
$257,059
2021
$2,110 (+1.2%)
$39,303 + $217,756
$257,059
2020
$2,085
$39,303 + $217,756
$257,059
2019
$2,085 (−14.4%)
$39,303 + $217,756
$257,059
2018
$2,436 (+1.2%)
$60,770 + $217,148
$277,918
2017
$2,408 (+3.3%)
$60,770 + $217,148
$277,918
2016
$2,332 (+84.8%)
$60,770 + $217,148
$277,918
2014
$1,262 (+6.8%)
$54,490 + $87,066
$141,556
2013
$1,181 (+3.7%)
$54,490 + $87,066
$141,556
2012
$1,139 (−0.2%)
$54,490 + $87,066
$141,556
2011
$1,141
$54,490 + $87,066
$141,556
Tax history for 122 Red Mountain Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,472 (+31.7%)
$107,280 + $374,994
$482,274
2024
$2,636 (+6.1%)
$107,280 + $374,994
$482,274
2023
$2,485 (+4.8%)
$39,303 + $217,756
$257,059
2022
$2,371 (+12.4%)
$39,303 + $217,756
$257,059
2021
$2,110 (+1.2%)
$39,303 + $217,756
$257,059
2020
$2,085
$39,303 + $217,756
$257,059
2019
$2,085 (−14.4%)
$39,303 + $217,756
$257,059
2018
$2,436 (+1.2%)
$60,770 + $217,148
$277,918
2017
$2,408 (+3.3%)
$60,770 + $217,148
$277,918
2016
$2,332 (+84.8%)
$60,770 + $217,148
$277,918
2014
$1,262 (+6.8%)
$54,490 + $87,066
$141,556
2013
$1,181 (+3.7%)
$54,490 + $87,066
$141,556
2012
$1,139 (−0.2%)
$54,490 + $87,066
$141,556
2011
$1,141
$54,490 + $87,066
$141,556
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
4.58 Acres
Year renovated
—
Sq. Ft.
2,686
Year built
1920
Style
Single Family Residential
County
Durham County
APN
189821
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 1, 2026.
CN
M/LR-B
Commercial Neighborhood
The CN District is established to provide for modest-scale commercial centers (as defined in Article 6) in close proximity to residential areas that offer limited commercial uses to satisfy the needs of the surrounding neighborhood. Compatibility is facilitated through design standards and buffering that provide for walkable, pedestrian-oriented development that complements nearby residential neighborhoods. The district is not intended for use by major or large-scale commercial sales, service or automotive-oriented activities. The CN District is only appropriate in locations that have direct access to residential neighborhoods. The CN District is used to implement the Comprehensive Plan within those areas shown as the Rural, Suburban, Urban or Compact Neighborhood Tiers.