3435 Meridian Way Winston Salem, NC 27104

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3 beds · 3 baths · 3,085 sq ft · Lot Size: 3,049 sq ft · Single Family Home · Country Club
Est. Property Value: $765,909

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3435 Meridian Way is in the Country Club neighborhood of Winston Salem, NC. It is located in Forsyth County and ZIP code 27104. This Single Family Home was built in 2007 and is approximately 18 years old. The single family home spans 3085 sq ft with 3 bedrooms and 3 bathrooms and sits on a 3049 sq ft lot. According to public records, it was last sold in 2008 for $651,000 and has a tax-assessed value of $567,300, which is $248 per sq ft. The Country Club area of Winston Salem has 574 residential homes with an average size of 2220.5 sq ft. Analyze and compare real estate investment strategies for properties like this home at 3435 Meridian Way Winston Salem, NC 27104 with Property Intel by Whitepages.

3435 Meridian Way

Winston Salem, NC 27104

Neighborhood

Owners & Occupancy for 3435 Meridian Way

This property is owned by Marguerite B Taylor. Owner contact information includes 4 phone numbers and 2 email addresses.

Property Owners

Residence*****************
Landline(704) 528-6427
Distance from Property**********
Email Address********@charlotteairport.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************* age 91

Property Financials for 3435 Meridian Way

3435 Meridian Way, Winston Salem, NC has no known mortgage. The Forsyth county assessment for 2022 values it at $567,300, with annual taxes of $7,453.

Property Tax

Purchase DateMarch 25, 2008
Property Tax Amount$7,453 in 2022
Purchase Price$651,000
Assessed Value$567,300 on 2022

Investment Potential for 3435 Meridian Way

The property has a current estimated value of $765,909, which is 71% above the neighborhood median, based on public records. It last sold on March 25, 2008 for $651K. Projected long-term
is $28,800 annually ($2,400 per month) with a 90% occupancy rate.

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Long-Term

Gross Rental
$28,800 per year($2,400 per month)
Net Operating Income
Cap Rate
Occupancy Rate
90%in 27104 zip code
 
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Property Details for 3435 Meridian Way

Property Details

Property Sq Ft

Living Area

3,085 sq ft

39% above market

Lot Size

3,049 sq ft

82% below market

Price Per Sq Ft

Living Area

$248 / sq ft

10% above market

Lot Size Area

$251 / sq ft

899% above market

Property condition, age, exterior, etc. for 3435 Merid…
Longitude: -80.307096 Latitude: 36.093756 Parcel Number (APN): 6815-35-8527…

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Discover more single family homes near 3435 Meridian Way 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 3435 Meridian Way in Forsyth County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$765,909
$257,944
$507,965 (197%)
$368,113
$506,904 (138%)
YoY Price Change
2.32%
508%
Year Built
2007
1990
17 years
Living Space
3,085 sq ft
1,590 sq ft
1495 (94%)
$ Per Living Sq Ft
$248
$158
$90 (57%)
Lot Size
3,049 sq ft
20,473 sq ft
-17424 (-85%)
$ Per Lot Sq Ft
$251
$12
$239 (2005%)

Net Operating Income
$18,197
-$6,237 (-34%)
Annual Revenue
$28,800
$25,200
$3,600 (14%)
$6,673
$10,167 (152%)
Net Operating Income
$18,197
-$6,237 (-34%)
Cap Rate
6.84%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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