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159 Cedar Lake Trl

Winston Salem, NC 27104

2 bd 2 ba 1,164 sqft Built 1979 Lot 436 sqft condos
Most recent sale
$152,000
Jul 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 18, 2022 Sold $152,000 MLS #1073092
Jun 13, 2022 Listed $142,900 MLS #1073092
Jun 30, 2015 Sold $72,200 MLS #731011
Feb 11, 2015 Listed $74,900 MLS #731011
Mar 15, 1991 Sold $28,500 Public Record
Nov 30, 1988 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $71,900 $15,000 $86,900 $1,219
2022 $71,900 $15,000 $86,900 $1,141
2021 $71,900 $15,000 $86,900 $1,121
2020 $52,500 $10,800 $63,300 $874
2019 $52,500 $10,800 $63,300 $880
2018 $52,500 $10,800 $63,300 $836
2017 $52,500 $10,800 $63,300 $836
2016 $58,842 $13,500 $72,300 $951
2015 $58,842 $13,500 $72,300 $937
2014 $58,842 $13,500 $72,300 $909
2013 $58,842 $13,500 $72,300 $901
2012 $68,767 $17,000 $85,767 $1,000
2011 $68,767 $17,000 $85,767 $986
2010 $68,767 $17,000 $85,767 $986
2009 $68,767 $17,000 $85,767 $979
2008 $59,291 $19,000 $78,291 $929
2007 $59,291 $19,000 $78,291 $929

Property facts

Year built
1979
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,164 sqft
Lot size
436 sqft
ZIP code
27104
City
Winston Salem
Street
Cedar Lake Trl
Coordinates
36.08865, -80.35467

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
$1,571
Gross rental yield
12.40%
Implied cap rate
8.06%
Trend-extrapolated value

Frequently asked questions

When did 159 Cedar Lake Trl last sell?
159 Cedar Lake Trl most recently sold on Jul 18, 2022 for $152,000.
What is the current tax assessment for 159 Cedar Lake Trl?
The most recent total assessment for 159 Cedar Lake Trl (year 2024) is $86,900 with $1,219 in property tax.
How does 159 Cedar Lake Trl's assessment compare to its last sale price?
The current assessment is 42.8% below the last sale price of $152,000.
When was 159 Cedar Lake Trl built?
159 Cedar Lake Trl was built in 1979.
How does 159 Cedar Lake Trl compare to others on Cedar Lake Trl?
We track 8 other properties on Cedar Lake Trl. Browse the list under "Other properties on Cedar Lake Trl" to compare beds, baths, and sale history.
What are the property facts for 159 Cedar Lake Trl?
159 Cedar Lake Trl is a 2 bed, 2 bath, 1,164 sqft, 436 sqft lot condos.
Is 159 Cedar Lake Trl a flip candidate?
No — 159 Cedar Lake Trl does not appear in our flips dataset.
Is 159 Cedar Lake Trl a tax-appeal candidate?
No — 159 Cedar Lake Trl 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
+12.2%
2026 Q3
$579.3K
2026 Q4
$594.1K
ZIP 27104 — Median Price History + Forecast

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