NOT LISTED FOR SALE

1716 Polo Rd Winston Salem, NC 27106

Reynolda Park Neighborhood

Estimated Value: $341,000 - $1,492,000

6 Beds
6 Baths
3,094 Sq Ft
$241/Sq Ft Est. Value

Last Sold August 18, 2014

Last sale price $172,000 $56 Per Sq Ft

Est. 333% increase in value since last sale

Current estimated payment $4,246/month

262 Days on Market

Highlights

  • 1.04 Acre Lot
  • No HOA
  • Forced Air Heating System

About This Home

As of August 2014

Unique investment property in the shadow of Wake Forest University. Two properties. 1716 Polo Rd / 1718 Polo Rd. Main house has 5 unit- 1718 Polo is a 275 year old log cabin from Surry County. Reassembled in 1983. Fully functional/ rented. for a total of 6 units. All have separate gas / electric. --owner pays water bill- 4 of 6 units currently rented $1400+per month- owners insurance premium. $818 per year. - total tax bill for both addresses $2209.08 -- total 1.04 acre .shown by appt.

Last Buyer's Agent

Michael Ferrin

Leonard Ryden Burr Real Estate License #275814

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,208

Year Built

  • Built in 1937

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 172 x 72 x 25 x 120 x 51 x 26 x 189
  • Property is zoned RM8

Parking

  • 12 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6817705718
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,208

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Sub Type: Remarks
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.04
  • Lot Size: 172 x 72 x 25 x 120 x 51 x 26 x 189
  • Road Surface Type: Paved
  • Directions: Silas Creek Pkwy north to Wake Forest Univ. Left on Reynolda Rd. Left on Polo Rd . Property on left. across for church - look for brick privacy wall
  • Building Stories: 2
  • Year Built: 1937
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater

Exterior Features

  • Exterior Features: Remarks
  • Lot Features: City Lot
  • Construction Type: Brick, See Remarks

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6817705718
  • Zoning: RM8
  • TRIADMLS_DeedPage: 236 240
  • TRIADMLS_DeedBook: 1545

Multi Family

  • Number Of Units Total: 6
  • Insurance Expense: 818

Tax Info

  • Tax Annual Amount: 2208.09
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 1.2468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2015
Sold by
Boyd Anthony Lynn
Bought by
Boyd Jawnita Monique
Current Estimated Value
$744,405

Purchase Details

Listed on
Sep 27, 2013
Closed on
Aug 18, 2014
Sold by
Huskey Carolyn M
Bought by
Boyd Jawnita Monique and Boyd Anthony Lynn
Buyer's Agent
Michael Ferrin
Leonard Ryden Burr Real Estate
List Price
$200,000
Sold Price
$172,000
Premium/Discount to List
-$28,000
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.99%
Original Mortgage
$137,600
Outstanding Balance
$105,420
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$627,575
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
Boyd Jawnita Monique -- None Available
Boyd Jawnita Monique $172,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyd Jawnita Monique $60,000
Open Boyd Jawnita Monique $137,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2014 08/18/14 Sold $172,000 -14.0% $56 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
09/27/2013 09/27/13 For Sale $200,000 -- $65 / 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
2024 $2,649 $197,900 $106,000 $91,900
2023 $2,649 $197,900 $106,000 $91,900
2022 $2,600 $197,900 $106,000 $91,900
2021 $2,553 $197,900 $106,000 $91,900
2020 $2,332 $168,900 $90,600 $78,300
2019 $2,349 $168,900 $90,600 $78,300
2018 $2,231 $168,900 $90,600 $78,300
2016 $2,362 $179,517 $86,732 $92,785
2015 $2,326 $179,517 $86,732 $92,785
Source: Public Records

Agents Affiliated with this Home

  • M

    Buyer's Agent in 2014

    Michael Ferrin

    Leonard Ryden Burr Real Estate

    140 Total Sales

    Michael Ferrin
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Map

Source: Triad MLS

MLS Number: 686084

Triad MLS

APN: 6817-70-5713

North Carolina Forsyth County Winston-Salem 27106 Reynolda Park

1716 Polo Rd, Winston-Salem, NC

This home is located at 1716 Polo Rd, Winston Salem, NC 27106 since 27 September 2013 and is currently estimated at $744,405, approximately $240 per square foot. This property was built in 1937. 1716 Polo Rd is a home located in Forsyth County with nearby schools including Speas Elementary School, Paisley IB Magnet School, and Mount Tabor High School.

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