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1222 Folkstone Ridge Ln

Winston Salem, NC 27127

3 bd 3 ba 2,111 sqft Built 2006 Lot 12,632 sqft single_family
Most recent sale
$341,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $341,000 MLS #1066220
Apr 28, 2022 Listed $299,750 MLS #1066220
Jul 19, 2018 Sold $183,500 Public Record
Dec 6, 2006 Sold $183,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $166,100 $41,000 $207,100 $2,847
2022 $166,100 $41,000 $207,100 $2,667
2021 $166,100 $41,000 $207,100 $2,619
2020 $136,500 $27,500 $164,000 $2,314
2019 $136,500 $27,500 $164,000 $2,331
2018 $136,500 $27,500 $164,000 $2,213
2017 $136,500 $27,500 $164,000 $2,213
2016 $118,171 $28,000 $146,200 $1,923
2015 $118,171 $28,000 $146,200 $1,894
2014 $118,171 $28,000 $146,200 $1,837
2013 $118,171 $28,000 $146,200 $1,822
2012 $149,774 $33,600 $183,374 $2,136
2011 $149,774 $33,600 $183,374 $2,107
2010 $149,774 $33,600 $183,374 $2,107
2009 $137,982 $33,600 $171,582 $1,958
2008 $125,942 $30,000 $155,942 $1,848
2007 $125,942 $30,000 $155,942 $1,848

Property facts

Year built
2006
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,111 sqft
Lot size
12,632 sqft
ZIP code
27127
City
Winston Salem
Street
Folkstone Ridge Ln
Coordinates
36.03885, -80.25419

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
$2,850
Gross rental yield
10.03%
Implied cap rate
6.52%
Trend-extrapolated value

Frequently asked questions

When did 1222 Folkstone Ridge Ln last sell?
1222 Folkstone Ridge Ln most recently sold on May 27, 2022 for $341,000.
What is the current tax assessment for 1222 Folkstone Ridge Ln?
The most recent total assessment for 1222 Folkstone Ridge Ln (year 2024) is $207,100 with $2,847 in property tax.
How does 1222 Folkstone Ridge Ln's assessment compare to its last sale price?
The current assessment is 39.3% below the last sale price of $341,000.
When was 1222 Folkstone Ridge Ln built?
1222 Folkstone Ridge Ln was built in 2006.
How does 1222 Folkstone Ridge Ln compare to others on Folkstone Ridge Ln?
We track 8 other properties on Folkstone Ridge Ln. Browse the list under "Other properties on Folkstone Ridge Ln" to compare beds, baths, and sale history.
What are the property facts for 1222 Folkstone Ridge Ln?
1222 Folkstone Ridge Ln is a 3 bed, 3 bath, 2,111 sqft, 12,632 sqft lot single_family.
Is 1222 Folkstone Ridge Ln a flip candidate?
No — 1222 Folkstone Ridge Ln does not appear in our flips dataset.
Is 1222 Folkstone Ridge Ln a tax-appeal candidate?
No — 1222 Folkstone Ridge Ln 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
-3.7%
Implied 1-yr
-14.9%
2026 Q3
$212.2K
2026 Q4
$201.8K
ZIP 27127 — Median Price History + Forecast

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