540 Lake Way
Kernersville, NC 27284
3 bd 2 ba 1,370 sqft Built 2002 Lot 20,473 sqft single_family
Most recent sale
$265,000
Aug 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 13, 2026 | Listed for rent | $1,750 | TenantTurner |
| Dec 8, 2025 | Sold | $285,000 | Public Record |
| Oct 28, 2025 | Listed | $285,000 | TriadMLS |
| Aug 2, 2022 | Sold | $265,000 | MLS #1073401 |
| Jun 13, 2022 | Listed | $259,900 | MLS #1073401 |
| Jun 2, 2022 | Sold | $243,000 | Public Record |
| Mar 13, 2020 | Sold | $175,250 | MLS #965839 |
| Aug 31, 2018 | Sold | $145,000 | Public Record |
| Nov 10, 2011 | Sold | $127,000 | Public Record |
| Oct 10, 2011 | Listing removed | $129,900 | TriadMLS |
| Jun 13, 2011 | Price changed | $129,900 | MLS #614937 |
| Jun 7, 2011 | Listed | $139,900 | MLS #614937 |
| Jun 2, 2011 | Listing removed | $139,900 | TriadMLS |
| Apr 19, 2011 | Listed | $139,900 | MLS #611146 |
| Mar 30, 2011 | Listing removed | $139,900 | TriadMLS |
| Sep 30, 2010 | Listed | $139,900 | MLS #593783 |
| Mar 6, 2003 | Sold | $130,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $134,300 | $34,000 | $168,300 | $2,225 |
| 2022 | $134,300 | $34,000 | $168,300 | $2,173 |
| 2021 | $134,300 | $34,000 | $168,300 | $2,173 |
| 2020 | $116,400 | $19,000 | $135,400 | $1,870 |
| 2019 | $116,400 | $19,000 | $135,400 | $1,884 |
| 2018 | $116,400 | $19,000 | $135,400 | $1,843 |
| 2017 | $116,400 | $19,000 | $135,400 | $1,802 |
| 2016 | $97,692 | $24,200 | $121,900 | $1,658 |
| 2015 | $97,692 | $24,200 | $121,900 | $1,624 |
| 2014 | $97,692 | $24,200 | $121,900 | $1,607 |
| 2013 | $97,692 | $24,200 | $121,900 | $1,589 |
| 2012 | $104,170 | $26,400 | $130,570 | $1,602 |
| 2011 | $104,170 | $26,400 | $130,570 | $1,602 |
| 2010 | $104,170 | $26,400 | $130,570 | $1,602 |
| 2009 | $104,170 | $26,400 | $130,570 | $1,602 |
| 2008 | $99,764 | $24,000 | $123,764 | $1,614 |
| 2007 | $99,764 | $24,000 | $123,764 | $1,543 |
Property facts
Year built
2002
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,370 sqft
Lot size
20,473 sqft
ZIP code
27284
City
Kernersville
Street
Lake Way
Coordinates
36.12016, -80.08417
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,850
Gross rental yield
8.38%
Implied cap rate
5.45%
Trend-extrapolated value
—
Frequently asked questions
When did 540 Lake Way last sell?
540 Lake Way most recently sold on Aug 2, 2022 for $265,000.
What is the current tax assessment for 540 Lake Way?
The most recent total assessment for 540 Lake Way (year 2024) is $168,300 with $2,225 in property tax.
How does 540 Lake Way's assessment compare to its last sale price?
The current assessment is 36.5% below the last sale price of $265,000.
When was 540 Lake Way built?
540 Lake Way was built in 2002.
How does 540 Lake Way compare to others on Lake Way?
We track 8 other properties on Lake Way. Browse the list under "Other properties on Lake Way" to compare beds, baths, and sale history.
What are the property facts for 540 Lake Way?
540 Lake Way is a 3 bed, 2 bath, 1,370 sqft, 20,473 sqft lot single_family.
Is 540 Lake Way a flip candidate?
Yes — 540 Lake Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 540 Lake Way a tax-appeal candidate?
No — 540 Lake Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.7%
Implied 1-yr
-18.7%
2026 Q3
$278.9K
2026 Q4
$260.2K
ZIP 27284 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Way