4535 Old Lexington Rd Winston Salem, NC 27107

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2 beds · 1 bath · 975 sq ft · Lot Size: 22,651 sq ft · Single Family Home
Est. Property Value: $142,380

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4535 Old Lexington Rd is in the 27107 neighborhood of Winston Salem, NC. It is located in Forsyth County and ZIP code 27107. This Single Family Home was built in 1950 and is approximately 75 years old. The single family home spans 975 sq ft with 2 bedrooms and 1 bathroom and sits on a 22651 sq ft lot. According to public records, it was sold for $25,500 and has a tax-assessed value of $129,870, which is $146 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 4535 Old Lexington Rd Winston Salem, NC 27107 with Property Intel by Whitepages.

4535 Old Lexington Rd

Winston Salem, NC 27107

Neighborhood

Owners & Occupancy for 4535 Old Lexington Rd

This property is owned by Kerry Lee Decker. Owner contact information includes 6 phone numbers and 2 email addresses.

Property Owners

Cell Phone(336) ***-****View Cell Phone
Residence*****************
Landline(336) 767-2480
Distance from Property**********
Email Address*****@aol.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1*************** age 59
Resident 2**************** age 70

Property Financials for 4535 Old Lexington Rd

4535 Old Lexington Rd, Winston Salem, NC has a mortgage (orig. March 27, 2017). The Forsyth county assessment for 2024 values it at $129,870, with annual taxes of $854.

Mortgage & Equity Information

Loan Amount$*****
Origination DateMarch 27, 2017
Interest Rate****%
Term10 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity

Property Tax

Property Tax Amount$854 in 2024
Purchase Price$25,500
Assessed Value$129,870 on 2024

Investment Potential for 4535 Old Lexington Rd

The property has a current estimated value of $142,380, which is 18% above the zip median, based on public records. It last sold for $25,500. Projected long-term
is $18,000 annually ($1,500 per month) with a 89% occupancy rate.

Discover more Single Family Homes in 27107.

Long-Term

Gross Rental
$18,000 per year($1,500 per month)
Net Operating Income
Cap Rate
Occupancy Rate
89%in 27107 zip code
 
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Property Details for 4535 Old Lexington Rd

Property Details

Property Sq Ft

Living Area

975 sq ft

0% above market

Lot Size

22,651 sq ft

108% above market

Price Per Sq Ft

Living Area

$146 / sq ft

18% above market

Lot Size Area

$6 / sq ft

36% below market

Property condition, age, exterior, etc. for 4535 Old L…
Longitude: -80.21278 Latitude: 36.01726 Parcel Number (APN): 13-001-0-000-0012-A-0-0…

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Discover more single family homes near 4535 Old Lexington Rd 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 4535 Old Lexington Rd in Forsyth County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$142,380
$171,003
-$28,623 (-17%)
$274,494
-$109,338 (-40%)
YoY Price Change
2.5%
-64%
Year Built
1950
1962
-12 years
Living Space
975 sq ft
1,100 sq ft
-125 (-11%)
$ Per Living Sq Ft
$146
$148
-$2 (-1%)
Lot Size
22,651 sq ft
16,553 sq ft
6098 (37%)
$ Per Lot Sq Ft
$6
$9
-$3 (-31%)

Net Operating Income
$16,080
-$2,386 (-15%)
Annual Revenue
$18,000
$21,000
-$3,000 (-14%)
$5,027
-$721 (-14%)
Net Operating Income
$16,080
-$2,386 (-15%)
Cap Rate
9.19%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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