Available
$195,000(ARV: $295,000)66% of ARV

Forsyth County, Winston-Salem, NC 27107

3 bd2 ba1,636 sfBuilt 2001

1 day ago

Gross spread$100,000

Description

4165 Meredith Woods Ln, Winston-Salem, NC 27107 Property Details: 3 Bedrooms / 2 Bathrooms, approximately 1,636 Sq Ft, built in 2001, on approximately a 0.22-acre lot. The home is a 1.5-story single-family property featuring a garage, fireplace, central cooling, forced-air natural gas heating, and vinyl/aluminum siding. Area comps include 4137 Meredith Woods Ln sold for $299,000, 4220 Mae Len Dr sold for $308,000, 521 Croydon Ln sold for $325,000, and 3730 Muddy Creek Ct sold for $300,000. After adjustments for differences including square footage, bathrooms, lot size, and stories, the comp report supports an estimated ARV of $295,000. Asking Price: $195,000 Estimated Renovation Cost: $25,000 Total Investment: $220,000 Estimated ARV: $295,000 Projected Gross Profit: $75,000 Projected ROI: 34.1% 70% Rule Check (MAO): $181,500 ($295K × 70% − $25K rehab) The property offers over 1,600 Sq Ft, a garage, and a relatively newer 2001 build, with nearby comparable sales reaching $300K–$325K. With an estimated $25K renovation and a $195K asking price, this presents a value-add opportunity for an investor targeting a resale around $295K. CONTACT MIKEY FOR MORE INFO [contact details hidden] OCCUPIED – DO NOT DISTURB OCCUPANTS. SHOWINGS BY APPOINTMENT ONLY. VACANCY AT CLOSING TO BE CONFIRMED.

$/sqft vs market

This deal$119/sqft
Market median$157/sqft
Difference−24% below

Median of 27 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet1,636
Lot size—
Year built2001
ConditionLight Rehab
OccupancyVacant
ParkingAssigned

Systems & condition

Roof age4-10 yrs
HeatingFurnace · 6-10 yrs
Air conditioningCentral AC
FoundationSlab
Foundation conditionExcellent

Self-reported by the seller. Not inspected.

Property information

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