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111 Faulkner Way

Davidson, NC 28036

3 bd 3 ba 2,127 sqft Built 2002 Lot 2,614 sqft townhomes
Most recent sale
$450,000
Feb 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 28, 2022 Sold $450,000 MLS #3812362
Jan 29, 2022 Listed $450,000 MLS #3812362
Oct 1, 2002 Sold $243,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $364,400 $105,000 $469,400 $3,615
2024 $364,400 $105,000 $469,400 $3,565
2023 $364,400 $105,000 $469,400 $3,513
2022 $260,800 $105,000 $365,800 $3,484
2020 $260,800 $105,000 $365,800 $3,557
2019 $260,800 $105,000 $365,800 $3,551
2018 $218,400 $60,000 $278,400 $3,494
2017 $218,400 $60,000 $278,400 $3,470
2016 $218,400 $60,000 $278,400 $3,466
2015 $218,400 $60,000 $278,400 $3,463
2014 $218,400 $60,000 $278,400 $3,461
2013 $238,000 $60,000 $298,000 $3,689
2012 $238,000 $60,000 $298,000 $3,636
2011 $238,000 $60,000 $298,000 $3,692
2010 $164,600 $50,000 $214,600 $2,598
2009 $164,600 $50,000 $214,600 $2,598
2008 $164,600 $50,000 $214,600 $2,598
2007 $164,600 $50,000 $214,600 $2,552

Property facts

Year built
2002
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
2,127 sqft
Lot size
2,614 sqft
ZIP code
28036
City
Davidson
Street
Faulkner Way
Coordinates
35.49601, -80.83224

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,871
Gross rental yield
7.66%
Implied cap rate
4.98%
Trend-extrapolated value

Frequently asked questions

When did 111 Faulkner Way last sell?
111 Faulkner Way most recently sold on Feb 28, 2022 for $450,000.
What is the current tax assessment for 111 Faulkner Way?
The most recent total assessment for 111 Faulkner Way (year 2025) is $469,400 with $3,615 in property tax.
How does 111 Faulkner Way's assessment compare to its last sale price?
The current assessment is 4.3% above the last sale price of $450,000.
When was 111 Faulkner Way built?
111 Faulkner Way was built in 2002.
How does 111 Faulkner Way compare to others on Faulkner Way?
We track 8 other properties on Faulkner Way. Browse the list under "Other properties on Faulkner Way" to compare beds, baths, and sale history.
What are the property facts for 111 Faulkner Way?
111 Faulkner Way is a 3 bed, 3 bath, 2,127 sqft, 2,614 sqft lot townhomes.
Is 111 Faulkner Way a flip candidate?
No — 111 Faulkner Way does not appear in our flips dataset.
Is 111 Faulkner Way a tax-appeal candidate?
No — 111 Faulkner Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.0%
Implied 1-yr
+11.9%
2026 Q3
$1.08M
2026 Q4
$1.1M
ZIP 28036 — Median Price History + Forecast

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