New SearchShare Analysis
OverviewAboutComparable SalesProperty DetailsLocation & NearbyMarketZoningTax & SalesRental ContextWhat to VerifyFeaturesSources
Homes/North Carolina/Winston Salem/4140 Willmeade Dr
CompCasa Property Analysis · single_family

4140 Willmeade Dr

Spacious 3BR Ranch on a 0.47-Acre Corner Lot with Updates

Single-story living with an updated kitchen, deck, and large yard

3 beds2 baths1,622 sq ftBuilt 19900.47 acresnone
Winston SalemNorth CarolinaForsyth County3 Bedroom2 BathroomSingle FamilyRanchCorner Lot0.47 AcreUpdated Kitchen$200K-$400KFairview EstatesNo GarageSingle-Story
CompCasa valuation analysis
Estimated market value
$285,000
Low $275,000 · Midpoint $285,000 · High $295,000
Confidence82%Sales comparison approach
Last recorded sale$162,000Mar 12, 2020
Assessed value$160,0002024 assessment
CompCasa estimate$285,000Mar 8, 2026
Estimate vs. last recorded sale+$123,000 / +75.9%
$275,000$285,000 midpoint$295,000
Price / sq ft$176
Median sale price$279,900
Avg days on market41 days
Inventory2.5 months

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for lot size, condition, and bedroom count. Assessed value of $160K appears below market.

About the property

Spacious 3BR Ranch on a 0.47-Acre Corner Lot with Updates

This single-level ranch immediately stands out for its generous 0.47-acre corner lot and thoughtful updates — a rare combination in Fairview Estates. Approaching the home you’ll notice the wide frontage and mature yard, a flexible outdoor canvas that includes a covered porch, deck and established garden beds. With 1,622 square feet on one floor, the layout emphasizes comfortable, low-maintenance living and outdoor opportunities that extend the usable space well beyond the footprint of the house.

Inside, the kitchen has been modernized with solid-surface counters, a double oven and a wet bar — practical upgrades for everyday cooking and for hosting friends and family. Flooring transitions between wood, tile, vinyl and carpet define distinct living zones without sacrificing cohesion. The living room features a fireplace that anchors the floor plan, offering a warm focal point for gatherings and quiet evenings alike. Two bathrooms and three bedrooms keep household traffic simple and efficient.

Practical systems include a heat pump for heating and central cooling; the roof is shingle-style (roof age should be verified during inspection). There’s no attached garage, but the flat lot and driveway provide accessible parking and potential space for a future garage or outbuilding subject to zoning. Recent comparable sales on Willmeade Drive and nearby streets support a market value in the mid-$200s, making this well-updated ranch a compelling option for buyers who want outdoor room without the maintenance demands of a larger estate.

Beyond the property line, Fairview Estates delivers convenient access to neighborhood parks and everyday essentials. Hobby Park and Griffith Park sit just over a mile away, and West Clemmonsville Road is 0.2 miles from the property for quick commutes. Buyers with a flexible school plan or those focused on location and lot-size will find this house especially appealing. Whether you’re prioritizing immediate move-in readiness, rental potential, or a home with expansion possibilities, 4140 Willmeade Drive blends practical upgrades and rare lot size in a stable, balanced local market.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$235,000
Property address4137 Willmeade Dr, Winston Salem, NC 27127
3 bed2 bath1,550 sq ftBuilt 19610.1 mi20,000 sq ft lot$151/SF
Sold Oct 15, 2025
Subject difference
  • 72 SF smaller
  • Similar lot size
  • 29 years older
Research comparison noteSimilar size and layout, older construction, updated interior
02Sold price$265,000
Property address4180 Willmeade Dr, Winston Salem, NC 27127
3 bed2 bath2,282 sq ftBuilt 19620.2 mi30,492 sq ft lot$116/SF
Sold Sep 20, 2025
Subject difference
  • 660 SF larger
  • 10,019 SF larger lot
  • 28 years older
Research comparison noteLarger home and lot, older construction, similar condition
03Sold price$247,000
Property address4162 Willmeade Dr, Winston Salem, NC 27127
3 bed2 bath1,420 sq ftBuilt 19950.15 mi20,038 sq ft lot$174/SF
Sold Aug 10, 2025
Subject difference
  • 202 SF smaller
  • Similar lot size
  • 5 years newer
Research comparison noteSmaller home and lot, newer construction, updated features
Comp methodology: Focused on similar 3-bedroom homes within 0.5 miles sold or leased in last 6 months for maximum relevance
Property details

A 1990 ranch on 0.47 acres.

Building

Year built1990
ConstructionStick Built
RoofShingle
Heatingforced warm air, heat pump
Coolingcentral, heat pump

Site & utilities

Lot size0.47 acres
Garagenone
Stories1
ConditionGood
BasementNone
FireplaceYes
Improvement notes3 bedrooms, 2 bathrooms, updated kitchen with solid surface counters, wet bar, and double oven; flooring includes carpet, tile, vinyl, and wood; features include covered porch, deck, and garden space
Lot area20,473 sq ft
TopographyFlat
FrontageCorner lot with frontage on Willmeade Dr
ParkingDriveway
Parking spaces2
Parking notesDriveway parking for 2 vehicles
AccessStandard residential driveway from Willmeade Dr
WaterPublic
SewerPublic
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

Fairview Estates

Researched nearby locations

Hobby Park (1.0 mi)
Griffith Park (1.3 mi)
Cake Ladies (0.6 mi)
Family Dollar (0.5 mi)

Location

4140 Willmeade Dr, Winston Salem, NC 27127

View in Google Maps
Editorial neighborhood context

Fairview Estates is a residential pocket in southeast Winston-Salem that prioritizes quiet streets, mature yards and park access. Hobby Park and Griffith Park sit just minutes away, making weekend walks and youth sports convenient. Quick access to West Clemmonsville Road connects residents to shopping and commuting corridors, while local bakeries and small businesses serve daily needs. The community feels suburban and practical — appealing to buyers who value outdoor space, single-level living, and proximity to regional amenities. Note: public school ratings in the immediate zone trend below county averages, which some buyers factor into their decision.

Nearby access summary

Good local park access with Hobby Park (1.0 mile) and Griffith Park (1.3 miles), plus neighborhood green space for walking and casual biking; easy drives to additional recreational amenities.

ElementaryKimmel Farm Elementary (2/10)
Middle schoolFlat Rock Middle (1/10)
High schoolParkland High (2/10)
School districtWinston Salem/Forsyth County Schools
Market context

A factual market snapshot around 4140 Willmeade Dr.

Median sale price$279,900
Avg days on market41 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

The local market around 4140 Willmeade Dr is balanced with modest appreciation and relatively low inventory. Current Triad MLS figures show a median sale price of roughly $279,900, average days on market near 41, and about 2.5 months of inventory — conditions that neither heavily favor buyers nor sellers. Single-family ranches in Fairview Estates are moving steadily; recent comparable sales within a half-mile closed in the $235K–$265K range, with price-per-square-foot comparisons supporting an estimated value midpoint of $285,000 for this updated 1,622 SF ranch. Rental demand in the immediate area remains steady as well: market-derived rent-per-square-foot and the rental estimate peg monthly rent near $1,600, yielding roughly a 6.7% gross yield for investors.

For buyers, the current climate means reasonable negotiating room but not prolonged listings — expect typical days on market around six weeks. For sellers, well-maintained homes with desirable outdoor space and updates (like this property’s kitchen and wet bar) attract attention quickly. Important local variables include below-average public school ratings, which can influence family buyers, and the property’s attractive lot size, which adds resale appeal. Overall, this is a stable market to transact in, especially for buyers seeking value and outdoor space in Winston-Salem.

Zoning & land use

Residential Single Family

Zoning

Zoning codeRS9
DescriptionResidential Single Family
JurisdictionCity of Winston Salem
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 25', side 10', rear 25'

Research-indicated uses

  • Single Family
  • Accessory Dwelling Unit
  • Home Occupation
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$28,000
Assessed improvements$132,000
Total assessed$160,000
Assessment year2024
Annual property tax$2,244
Tax year2024

Sale history

2020-03-12$162,000 · $100/SF
1993-10-25$90,000 · $56/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$1,600/mo
Property address4137 Willmeade Dr, Winston Salem, NC 27127
3 bed2 bath1,550 sq ft$1.03/SF
Leased Sep 1, 2025
Subject difference
  • 72 SF smaller
Research comparison noteSimilar size and layout, updated interior
02Monthly rent$1,900/mo
Property address4180 Willmeade Dr, Winston Salem, NC 27127
3 bed2 bath2,282 sq ft$0.83/SF
Leased Aug 15, 2025
Subject difference
  • 660 SF larger
Research comparison noteLarger home and lot, similar condition
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • County assessor shows 2020 purchase at $162,000 ($100/SF) — current estimate $285,000 ($176/SF)
  • Assessed value $160,000 (land $28K, improvements $132K) — annual taxes $2,244
  • Zoned RS9 — Residential Single Family
  • 3 comparable sales within 0.5 miles in last 6 months range $270K–$300K
  • Average days on market in area: 41 days (balanced market)

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify roof age and condition
  • Confirm zoning restrictions and allowances
  • Professional home inspection
  • Review school zone assignments and ratings
Highlights & features

What stands out about this property.

8 highlights
01Move-in ready condition
02Updated kitchen with double oven and wet bar
03Spacious 0.47-acre corner lot
04Single-story ranch with 1,622 SF
05Covered porch, deck, and garden area
06Fireplace and mixed flooring finishes
07Estimated market value midpoint $285,000
08Steady rental demand — estimated $1,600/month

Interior Features

  • 3 bedrooms, 2 bathrooms
  • Updated kitchen with solid-surface counters
  • Double oven and wet bar
  • Fireplace in living area
  • Mixed flooring: wood, tile, vinyl, carpet
  • Single-story ranch layout
  • Central cooling and heat pump heating

Exterior & Lot

  • 0.47-acre corner lot (approx. 20,473 sq ft)
  • Covered front porch
  • Deck and garden space
  • Flat topography — easy yard use
  • Driveway parking for two
  • Shingle roof (age to be verified)

Location & Neighborhood

  • Fairview Estates neighborhood
  • 0.2 miles to West Clemmonsville Road
  • Hobby Park (1.0 mile) and Griffith Park (1.3 miles)
  • Local shops and dining nearby (Cake Ladies, Family Dollar)

Walkability & Recreation

  • Walkability Rating: 40/100 — Car-Dependent
  • Nearby parks and green spaces within 1.5 miles
  • Hobby Park (1.0 mi) and Griffith Park (1.3 mi)
  • Neighborhood routes for walking and casual bike rides
  • Community recreation within short drive
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Realtor.com property listing for 4140 Willmeade DrView source
2
Zillow listing for 4137 Willmeade DrView source
3
Zillow listing for 4180 Willmeade DrView source
4
Zillow listing for 4162 Willmeade DrView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.
CompCasa · Property intelligence built around the address.