NOT LISTED FOR SALE

1526 Polo Rd Winston Salem, NC 27106

Estimated Value: $262,000 - $298,000

2 Beds
1 Bath
1,400 Sq Ft
$199/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $275,500 $197 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,706/month

7 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Central Air
  • No HOA
  • Porch
  • Ceiling Fan

About This Home

As of December 2023

Investors, This is what you've been searching for! Introducing a cozy cottage walking distance to Wake Forest University! 5 Star Rating on AirBNB! Comes FULLY FURNISHED from furniture, decor, linens, TVS, dishes- you name it! A true TURN KEY investment property! Wonderful tenants in place through May 2024! Your guests/tenants will love the close proximity to highways, shopping, dining, & WFU but they'll truly fall in love with the character and charm complimented with the convenience of a large, updated kitchen featuring stainless steel appliances! Some of the favorite features are the relaxing wrap-around front porch & swing, original hardwood floors, wood burning fireplace, and a large fully fenced backyard. One level living is also a huge plus with the benefit of additional storage in the unfinished basement. The backyard includes an area for guests to wine and dine by the cozy fire pit! The property also includes a large storage building/ garage and chicken coop. NO HOA!

Last Agent to Sell the Property

Beth Hahn

Ivester Jackson Distinctive Properties License #275520 Listed on: 11/10/2023

Ivester Jackson Distinctive Properties

Last Buyer's Agent

Christine Graham

Berkshire Hathaway HomeServices Carolinas Realty License #336688

Berkshire Hathaway HomeServices Carolinas Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,199

Year Built

  • Built in 1935

Lot Details

  • 0.55 Acre Lot
  • Fenced
  • Property is zoned RS9

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,275 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Wood Flooring
  • Walk-In Attic
  • Dryer Hookup
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6817912342
  • 68% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,199

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Subdivision Name: None
  • Directions: Take Silas Creek Pkwy to Wake Forest Rd., Left on Reynolds, Right on Polo, the house will be on the right.
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1935
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Ice Maker, Slide-In Oven/Range, Cooktop, Electric Water Heater
  • Flooring: Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Pantry
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1275
  • Main Level Bathrooms: 1
  • Attic Description: Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6817912342
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 500909.0909
  • TRIADMLS_DeedPage: 437
  • TRIADMLS_DeedBook: 3728
  • TRIADMLS_AcresRange: 0 - 1

Tax Info

  • Tax Annual Amount: 2199
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 67.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2024
Sold by
Holland Steven R and Holland Elizabeth K
Bought by
Holland Benjamin Thomas and Holland Hayley Geis
Current Estimated Value
$277,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,500
Outstanding Balance
$257,636
Interest Rate
7.02%
Mortgage Type
Seller Take Back
Estimated Equity
$20,777

Purchase Details

Listed on
Nov 10, 2023
Closed on
Dec 4, 2023
Sold by
Gunnell Christopher and Gunnell Dara
Bought by
Holland Steven R and Holland Elizabeth K
Seller's Agent
Beth Hahn
Ivester Jackson Distinctive Properties
Buyer's Agent
Christine Graham
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$275,000
Sold Price
$275,500
Premium/Discount to List
$500
0.18%
Views
181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.63%

Purchase Details

Listed on
Oct 12, 2022
Closed on
Nov 14, 2022
Sold by
Booth Hannah A
Bought by
Gunnell Christopher and Gunnell Dara
Seller's Agent
Allonda Hawkins
eXp Realty
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$225,000
Sold Price
$245,316
Premium/Discount to List
$20,316
9.03%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.45%
Original Mortgage
$208,518
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 9, 2019
Closed on
Jun 25, 2019
Sold by
Davis Cody Wayne
Bought by
Booth Hannah A
Seller's Agent
Michael Ferrin
Leonard Ryden Burr Real Estate
Buyer's Agent
Krista Williamson
eXp Realty
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.55%
Original Mortgage
$130,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2015
Closed on
Jul 7, 2015
Sold by
Berry Margaret Lynn
Bought by
Davis Cody Wayne
Seller's Agent
Jason Bragg
Leonard Ryden Burr Real Estate
Buyer's Agent
Michael Ferrin
Leonard Ryden Burr Real Estate
List Price
$127,500
Sold Price
$125,500
Premium/Discount to List
-$2,000
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$100,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2001
Sold by
Turner Christopher B and Turner Sharon S
Bought by
Berry Margaret Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,975
Interest Rate
7.02%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Holland Benjamin Thomas $275,500 None Listed On Document
Holland Steven R $275,500 None Listed On Document
Gunnell Christopher $245,500 --
Booth Hannah A $155,000 None Available
Davis Cody Wayne $125,500 Attorney
Berry Margaret Lynn $110,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holland Benjamin Thomas $260,500
Previous Owner Gunnell Christopher $208,518
Previous Owner Booth Hannah A $130,000
Previous Owner Davis Cody Wayne $100,000
Previous Owner Berry Margaret Lynn $90,800
Previous Owner Berry Margaret Lynn $37,000
Previous Owner Berry Margaret L $15,000
Previous Owner Berry Margaret Lynn $104,565
Previous Owner Berry Margaret Lynn $104,975
Previous Owner Turner Christopher B $249,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $275,500 +0.2% $250 / Sq Ft
11/18/2023 11/18/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $275,000 +12.1% $250 / Sq Ft
11/14/2022 11/14/22 Sold $245,316 +9.0% $223 / Sq Ft
10/15/2022 10/15/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $225,000 +45.2% $205 / Sq Ft
06/16/2021 06/16/21 Off Market $155,000 -- --
06/28/2019 06/28/19 Sold $155,000 +23.5% $141 / Sq Ft
07/15/2015 07/15/15 Sold $125,500 -1.6% $126 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $127,500 -- $128 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,241 $167,400 $50,000 $117,400
2022 $2,199 $167,400 $50,000 $117,400
2021 $2,160 $167,400 $50,000 $117,400
2020 $1,600 $115,900 $48,500 $67,400
2019 $1,612 $115,900 $48,500 $67,400
2018 $1,531 $115,900 $48,500 $67,400
2016 $1,548 $117,593 $48,500 $69,093
2015 $1,524 $117,593 $48,500 $69,093
2014 $1,478 $117,593 $48,500 $69,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1125149

Triad MLS

APN: 6817-91-2342