1618 W Academy St Winston Salem, NC 27103

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3 beds · 1 bath · 1,951 sq ft · Lot Size: 9,148 sq ft · Single Family Home · Ardmore
Est. Property Value: $373,121

High Demand Long-Term RentalOwned for 5 - 10 YearsOwner Age 45 - 55

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1618 W Academy St is in the Ardmore neighborhood of Winston Salem, NC. It is located in Forsyth County and ZIP code 27103. This Single Family Home was built in 1930 and is approximately 95 years old. The single family home spans 1951 sq ft with 3 bedrooms and 1 bathroom and sits on a 9148 sq ft lot. According to public records, it was last sold in 2016 for $253,500 and has a tax-assessed value of $292,200, which is $191 per sq ft. The Ardmore area of Winston Salem has 1920 residential homes with an average size of 1510 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1618 W Academy St Winston Salem, NC 27103 with Property Intel by Whitepages.

Investment Potential for 1618 W Academy St

The property has a current estimated value of $373,121, which is 11% above the neighborhood median, based on public records. It last sold on December 02, 2016 for $254K. Projected long-term
is $41,400 annually ($3,450 per month) with a 88% occupancy rate.

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Long-Term

Gross Rental
$41,400 per year($3,450 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
88%in 27103 zip code
 
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Owners & Occupancy for 1618 W Academy St

This property is owned by Valerie Ann Barclay. Owner contact information includes 11 phone numbers and 5 email addresses.

Property Owners

Cell Phone(314) ***-****View Cell Phone
Residence*****************
Landline(314) 890-9400
Distance from Property**********
Email Address********@redeemerschool.orgView Email

OccupationOwner, C Barclay Fly Rod
Cell Phone(314) ***-****View Cell Phone
Residence*****************
Landline(314) 890-9400
Distance from Property**********
Email Address**********@worldnet.att.netView Email
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Property Ownership Information

Purchase DateDecember 02, 2016
Property Tax Amount$3,839 in 2022
Purchase Price$253,500

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************
Resident 2******************* age 48
Resident 3********************* age 50

Property Details for 1618 W Academy St

Property Details

Property Sq Ft

Living Area

1,951 sq ft

29% above market

Lot Size

9,148 sq ft

12% below market

Price Per Sq Ft

Living Area

$191 / sq ft

16% below market

Lot Size Area

$41 / sq ft

31% above market

Property condition, age, exterior, etc. for 1618 W Aca…
Longitude: -80.263563 Latitude: 36.084273 Parcel Number (APN): 6825-61-6936…
Mortgage originated on through lender: North St Bk for$*****View Mortgage Details

Recommended Properties in Ardmore

Discover more single family homes near 1618 W Academy St in Winston Salem, North Carolina. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 1618 W Academy St in Forsyth County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$373,121
$257,944
$115,177 (45%)
$******
$368,113
$99,645 (27%)
YoY Price Change
****%
2.32%
115%
Year Built
1930
1990
-60 years
Living Space
1,951 sq ft
1,590 sq ft
361 (23%)
$ Per Living Sq Ft
$191
$158
$33 (21%)
Lot Size
9,148 sq ft
20,473 sq ft
-11325 (-55%)
$ Per Lot Sq Ft
$41
$12
$29 (242%)

Net Operating Income
$*****
$18,197
$11,096 (61%)
Annual Revenue
$41,400
$25,200
$16,200 (64%)
$*****
$6,673
$5,434 (81%)
Net Operating Income
$*****
$18,197
$11,096 (61%)
Cap Rate
****%
6.84%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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