Company Profile: 357 Northlake Dr
Background
357 Northlake Dr is a residential property located in Meridianville, Alabama. This single-family home, built in 2011, features 4 bedrooms, 4 bathrooms, and encompasses 3,334 square feet of living space. Situated on a 0.96-acre lot, the property offers a spacious and comfortable living environment. The home includes an isolated main-level master suite with a tray ceiling, a glamour bath, and a separate shower. The kitchen is equipped with granite countertops, stainless steel appliances, and an updated backsplash. Additional amenities include a gas fireplace, updated hardwood floors, fresh interior paint, and a bonus room. The exterior features an extended covered porch, an extended patio area, and a privacy fence. The property was sold on June 20, 2023, for $461,000.
Key Strategic Focus
As a residential property, 357 Northlake Dr's strategic focus is on providing a high-quality living space that combines modern amenities with a comfortable and private environment. The property is designed to cater to families seeking a spacious home with contemporary features in a suburban setting.
Financials and Funding
The property was sold for $461,000 on June 20, 2023. Prior to this, it was sold on October 1, 2019, for $311,900, indicating a significant appreciation in value over the four-year period. The property's value has been assessed at $519,400, with an estimated rent of $2,546 per month.
Pipeline Development
As a residential property, 357 Northlake Dr does not have a pipeline of products or services. However, the property's development history includes its construction in 2011 and its subsequent sales in 2019 and 2023.
Technological Platform and Innovation
The property features modern technological amenities, including stainless steel appliances in the kitchen and updated hardwood floors. These features contribute to the home's appeal and functionality.
Leadership Team
As a residential property, 357 Northlake Dr does not have a leadership team.
Competitor Profile
In the Meridianville, Alabama area, the real estate market includes various single-family homes with similar features and price points. Properties such as 335 Northlake Dr, which offers 4 bedrooms and 3 bathrooms in 2,600 square feet, are comparable in size and amenities. The real estate market in this region is characterized by a mix of established homes and new constructions, catering to a range of buyer preferences.
Strategic Opportunities and Future Directions
For potential buyers, 357 Northlake Dr presents an opportunity to acquire a well-maintained home in a desirable suburban location. The property's features and recent appreciation in value suggest potential for future growth. Investors may find opportunities in the rental market, given the property's size and amenities.
Contact Information
For inquiries regarding 357 Northlake Dr, interested parties should contact local real estate agents or property management companies specializing in the Meridianville, Alabama area.
Market Research
