488 Timber Ridge Rd
Kernersville, NC 27284
3 bd 2 ba 1,682 sqft Built 1979 Lot 24,829 sqft single_family
Most recent sale
$232,000
Mar 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 31, 2022 | Sold | $232,000 | MLS #1058640 |
| Feb 11, 2022 | Listed | $219,000 | MLS #1058640 |
| May 28, 2010 | Sold | $120,000 | Public Record |
| Apr 21, 2010 | Listing removed | $120,000 | TriadMLS |
| Mar 5, 2010 | Listed | $120,000 | MLS #571785 |
| May 5, 1988 | Sold | $70,000 | Public Record |
| Dec 12, 1986 | Sold | $63,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $109,400 | $34,000 | $143,400 | $1,911 |
| 2022 | $109,400 | $34,000 | $143,400 | $1,865 |
| 2021 | $109,400 | $34,000 | $143,400 | $1,865 |
| 2020 | $93,400 | $25,000 | $118,400 | $1,646 |
| 2019 | $93,400 | $25,000 | $118,400 | $1,658 |
| 2018 | $93,400 | $25,000 | $118,400 | $1,623 |
| 2017 | $93,400 | $25,000 | $118,400 | $1,585 |
| 2016 | $92,753 | $24,000 | $116,800 | $1,591 |
| 2015 | $92,753 | $24,000 | $116,800 | $1,559 |
| 2014 | $92,753 | $24,000 | $116,800 | $1,542 |
| 2013 | $92,753 | $24,000 | $116,800 | $1,525 |
| 2012 | $110,839 | $25,000 | $135,839 | $1,662 |
| 2011 | $110,839 | $25,000 | $135,839 | $1,662 |
| 2010 | $110,839 | $25,000 | $135,839 | $1,662 |
| 2009 | $110,839 | $25,000 | $135,839 | $1,662 |
| 2008 | $102,585 | $25,000 | $127,585 | $1,661 |
| 2007 | $102,585 | $25,000 | $127,585 | $1,589 |
Property facts
Year built
1979
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,682 sqft
Lot size
24,829 sqft
ZIP code
27284
City
Kernersville
Street
Timber Ridge Rd
Coordinates
36.12487, -80.13311
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,271
Gross rental yield
11.75%
Implied cap rate
7.64%
Trend-extrapolated value
—
Frequently asked questions
When did 488 Timber Ridge Rd last sell?
488 Timber Ridge Rd most recently sold on Mar 31, 2022 for $232,000.
What is the current tax assessment for 488 Timber Ridge Rd?
The most recent total assessment for 488 Timber Ridge Rd (year 2024) is $143,400 with $1,911 in property tax.
How does 488 Timber Ridge Rd's assessment compare to its last sale price?
The current assessment is 38.2% below the last sale price of $232,000.
When was 488 Timber Ridge Rd built?
488 Timber Ridge Rd was built in 1979.
How does 488 Timber Ridge Rd compare to others on Timber Ridge Rd?
We track 8 other properties on Timber Ridge Rd. Browse the list under "Other properties on Timber Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 488 Timber Ridge Rd?
488 Timber Ridge Rd is a 3 bed, 2 bath, 1,682 sqft, 24,829 sqft lot single_family.
Is 488 Timber Ridge Rd a flip candidate?
No — 488 Timber Ridge Rd does not appear in our flips dataset.
Is 488 Timber Ridge Rd a tax-appeal candidate?
No — 488 Timber Ridge Rd 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
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