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503 Frankfurt Ct

Winston Salem, NC 27127

3 bd 3 ba 2,235 sqft Built 2020 Lot 2,614 sqft townhomes
Most recent sale
$449,900
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2022 Sold $449,900 MLS #1070767
Jun 2, 2022 Listed $449,900 MLS #1070767
Jul 21, 2020 Sold $313,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $257,740 $50,000 $307,740 $2,000
2023 $257,740 $50,000 $307,740 $1,939
2022 $257,740 $50,000 $307,740 $1,604
2021 $257,740 $50,000 $307,740 $1,605
2020 $40,000 $40,000 $244

Property facts

Year built
2020
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
2,235 sqft
Lot size
2,614 sqft
ZIP code
27127
City
Winston Salem
Street
Frankfurt Ct
Coordinates
35.98848, -80.30275

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
$3,017
Gross rental yield
8.05%
Implied cap rate
5.23%
Trend-extrapolated value

Frequently asked questions

When did 503 Frankfurt Ct last sell?
503 Frankfurt Ct most recently sold on Aug 8, 2022 for $449,900.
What is the current tax assessment for 503 Frankfurt Ct?
The most recent total assessment for 503 Frankfurt Ct (year 2025) is $307,740 with $2,000 in property tax.
How does 503 Frankfurt Ct's assessment compare to its last sale price?
The current assessment is 31.6% below the last sale price of $449,900.
When was 503 Frankfurt Ct built?
503 Frankfurt Ct was built in 2020.
How does 503 Frankfurt Ct compare to others on Frankfurt Ct?
We track 8 other properties on Frankfurt Ct. Browse the list under "Other properties on Frankfurt Ct" to compare beds, baths, and sale history.
What are the property facts for 503 Frankfurt Ct?
503 Frankfurt Ct is a 3 bed, 3 bath, 2,235 sqft, 2,614 sqft lot townhomes.
Is 503 Frankfurt Ct a flip candidate?
No — 503 Frankfurt Ct does not appear in our flips dataset.
Is 503 Frankfurt Ct a tax-appeal candidate?
No — 503 Frankfurt Ct 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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