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Guilford County Real Property Data
Income Summary
Data last updated on:
4/3/2026
Ownership current as of:
4/2/2026
Tax Year:
2026
REID
9424
PIN #
7864-17-1249
Location Address
Property Description
301 E LAKE DR
7-8 B11 PB9-22 W MKT TERR PL:9-22
Property Owner
Owner's Mailing Address
LAKE DR LLC
109 EAST MOUNTAIN ST STE D
KERNERSVILLE
NC
27284
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Income Modeling
Income Model Type
AptLR 12-352 C
Income Location
Below Average
Economic Year Built
1990
Potential Gross Income (PGI)
Description
Measurement
Unit Quantity
Annual Unit Income
Annual PGI
Door Count, Agg - All Types
UNITS
7
$11,400.00
$79,800.00
Total Units
7
Total Sqft
0
Total Potential Gross Income
$79,800.00
Total Potential Gross Income Override
$0.00
Effective Gross Income (EGI)
NET Expenses
Deductions Total
$0.00
Deductions Total (% of PGI)
0
%
Misc Income
$7,980.00
Misc Income (% of PGI)
10.000
%
Total Effective Gross Income
$77,805.00
Total Expenses
$31,122.00
Total Expenses Override
$31,122.00
NET Income
$46,683.00
Percentage of PGI
58.500
%
Percentage of EGI
60.000
%
Final Value
Income Method
Overall Rate
Rate Used
0.069660
Total Value
$670,155.04
Excess Land
$0.00
Furniture, Fixtures, & Equipment
$0.00
Additional Buildings
$0.00
Supporting Parcels
$0.00
Final Value
$670,155.00
Final Value Override
$0.00
Per North Carolina General Statute 105-285-287 (d), all real property in North Carolina is subject to listing and valuation annually as it exists on January 1. Real Property assessments are based on market values as of the date of the last countywide reappraisal in 2026.
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