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608 Lake Way

Kernersville, NC 27284

3 bd 3 ba 1,768 sqft Built 2003 Lot 10,454 sqft single_family
Most recent sale
$240,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $240,000 MLS #1066239
Apr 28, 2022 Listed $214,900 MLS #1066239
Mar 19, 2022 Listed $214,900 MLS #1062581
Aug 29, 2003 Sold $138,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $125,200 $34,000 $159,200 $2,110
2022 $125,200 $34,000 $159,200 $2,060
2021 $125,200 $34,000 $159,200 $2,060
2020 $115,300 $19,000 $134,300 $1,856
2019 $115,300 $19,000 $134,300 $1,869
2018 $115,300 $19,000 $134,300 $1,829
2017 $115,300 $19,000 $134,300 $1,788
2016 $93,147 $22,000 $115,100 $1,569
2015 $93,147 $22,000 $115,100 $1,538
2014 $93,147 $22,000 $115,100 $1,521
2013 $93,147 $22,000 $115,100 $1,504
2012 $99,812 $26,400 $126,212 $1,550
2011 $99,812 $26,400 $126,212 $1,550
2010 $99,812 $26,400 $126,212 $1,550
2009 $99,812 $26,400 $126,212 $1,550
2008 $96,338 $24,000 $120,338 $1,571
2007 $96,338 $24,000 $120,338 $1,499

Property facts

Year built
2003
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,768 sqft
Lot size
10,454 sqft
ZIP code
27284
City
Kernersville
Street
Lake Way
Coordinates
36.12059, -80.08557

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
$2,387
Gross rental yield
11.94%
Implied cap rate
7.76%
Trend-extrapolated value

Frequently asked questions

When did 608 Lake Way last sell?
608 Lake Way most recently sold on May 27, 2022 for $240,000.
What is the current tax assessment for 608 Lake Way?
The most recent total assessment for 608 Lake Way (year 2024) is $159,200 with $2,110 in property tax.
How does 608 Lake Way's assessment compare to its last sale price?
The current assessment is 33.7% below the last sale price of $240,000.
When was 608 Lake Way built?
608 Lake Way was built in 2003.
How does 608 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 608 Lake Way?
608 Lake Way is a 3 bed, 3 bath, 1,768 sqft, 10,454 sqft lot single_family.
Is 608 Lake Way a flip candidate?
No — 608 Lake Way does not appear in our flips dataset.
Is 608 Lake Way a tax-appeal candidate?
No — 608 Lake 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
-4.7%
Implied 1-yr
-18.7%
2026 Q3
$278.9K
2026 Q4
$260.2K
ZIP 27284 — Median Price History + Forecast

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