NOT LISTED FOR SALE

6705 Polo Farms Dr Summerfield, NC 27358

Estimated Value: $856,000 - $995,000

4 Beds
4.5 Baths
5,700 Sq Ft
$163/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $760,000 $133 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,707/month

40 Days on Market

Highlights

  • Outdoor Pool
  • Partially Wooded Lot
  • Wood Flooring
  • Summerfield Elementary School Rated A-
  • Transitional Architecture
  • Attic

About This Home

As of July 2022

Welcome to this Extraordinary Spacious Home Located in Polo Farms Neighborhood in Highly Sought After Northern Schools! 4 Large Bedrooms + Bonus Room--all Located on the Upper Level w/Front & Back Staircases! Primary Suite w/Hardwoods + Double Walk In Closets & Large Primary Bath w/Stall Shower & Soaking Tub! Multiple Walk in Storage Areas off Bonus Room + Walk Up Attic Storage w/Permanent Stairs! Great Possibilities to Finish the Next Level for Additional Entertainment Area if Desired! Main Level Features Hardwood Floors, Spacious Open Kitchen w/Center Island & Lots of Cabinet Storage! Main Level Laundry Room w/Sink & Storage Cabinets! All Appliances Remain including Refrigerator! Great Room w/Fireplace & Large Rear Deck Overlooks a Level & Fully Fenced Back Yard! Full Walk Out Basement w/Entertainment Area, Exercise Room + Wet Bar Plus Possible 5th Bedroom/Office & Full Bath! Plenty of Room to Grow! Upper Level Deck and Lower Level Patio! 3 Car Side Loading Garages! See Agent Only!

Last Agent to Sell the Property

Tom Arevian

Allen Tate - Greensboro License #197926 Listed on: 05/07/2022

Allen Tate - Greensboro

Last Buyer's Agent

Kyla Helsley

NorthGroup Real Estate License #312478

NorthGroup Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,710

Year Built

  • Built in 1993

Lot Details

  • 1.39 Acre Lot
  • Lot Dimensions are 228 x 124 x 151 x 267 x 227
  • Fenced
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned RS-40

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 5,397 Sq Ft Home
  • 4,800-5,700 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Den with Fireplace
  • Intercom
  • Dryer Hookup
  • Finished Basement

Kitchen

  • Double Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower

Attic

  • Walk-In Attic
  • Permanent Attic Stairs

Pool

  • Outdoor Pool

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 246
  • Assessor Parcel Number 137126
  • 1% Total Tax Rate

Community Details

Overview

  • Polo Farms Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,710

Year Built

Built in 1993

Lot Details

0

HOA Fees

$108 per month

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.39
  • Lot Size: 228 x 124 x 151 x 267 x 227
  • Subdivision Name: Polo Farms
  • Directions: Highway 220 North to Right on Strawberry to Right on Polo Farms Drive to 6705 on the Left
  • Above Grade Finished Sq Ft: 5397
  • Architectural Style: Transitional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1993
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1500 - 1800
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 4800 - 5700
  • TRIADMLS_PorchYN: No
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Oven, Built-In Range, Cooktop, Dishwasher, Double Oven, Electric Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Great Room, Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Kitchen Island, Pantry, Separate Shower
  • Other Equipment: Intercom
  • Has Basement: Finished, Basement
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1680
  • Door Features: Insulated Doors
  • Fireplace Features: Gas Log, Den
  • Fireplaces: 1
  • Living Area: 5397
  • Main Level Bathrooms: 1
  • Attic Description: Floored Attic, Permanent Stairs, Walk in Attic
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 3

Exterior Features

  • Exterior Features: Lighting, Garden
  • Fencing: Fenced
  • Lot Features: Level, Partially Wooded
  • Pool Features: Community
  • Construction Type: Brick
  • TRIADMLS_PoolYN: Yes
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway, Garage, Circular Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security Lights, Security System, Carbon Monoxide Detector(s)
  • Cooling: Central Air, Zoned
  • Heating: Heat Pump, Zoned, Electric, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric
  • Energy Features: Insulated Doors, Insulated Windows

Condo/Co-op/Association

  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Summerfield
  • High School: Northern
  • Middle Or Junior School: Northern

Lot Info

  • Parcel #: 137126
  • Zoning: RS-40
  • TRIADMLS_PricePerAcre: 567625.8993
  • TRIADMLS_PlatPage: 116
  • TRIADMLS_DeedPage: 2405
  • TRIADMLS_DeedBook: 7507
  • TRIADMLS_PlatBook: 95
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 4709.93
  • Tax Lot: 246
  • Tax Map Number: 060339
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2022
Closed on
Jun 21, 2022
Sold by
Varadarajan and Thyagarajan
Bought by
Wood Andrew Victor
Seller's Agent
Tom Arevian
Allen Tate - Greensboro
Buyer's Agent
Kyla Helsley
NorthGroup Real Estate
List Price
$789,000
Sold Price
$760,000
Premium/Discount to List
-$29,000
-3.68%
Current Estimated Value
$930,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,956
Avg. Annual Appreciation
7.41%
Original Mortgage
$335,000
Outstanding Balance
$321,390
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$628,568

Purchase Details

Listed on
May 8, 2012
Closed on
Jul 9, 2013
Sold by
Innella James David and Innella Elizabeth Jean
Bought by
Varadarajan Sudha P and Ekambaram Thyagarajan
Seller's Agent
Ron Alt
Coldwell Banker Advantage
Buyer's Agent
Tom Arevian
Allen Tate - Greensboro
List Price
$630,000
Sold Price
$510,000
Premium/Discount to List
-$120,000
-19.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$408,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2003
Sold by
Norbury David A and Norbury Barbara R
Bought by
Innella James David and Innella Elizabeth Jean
Source: Public Records

Range of Values:

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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
Wood Andrew Victor $760,000 Carter Ashley L
Varadarajan Sudha P $510,000 None Available
Innella James David $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Andrew Victor $335,000
Previous Owner Varadarajan Sudha P $408,000
Previous Owner Innella James D $263,000
Previous Owner Innella James D $100,000
Previous Owner Innella James David $217,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $760,000 -3.7% $158 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $789,000 +54.7% $164 / Sq Ft
07/15/2013 07/15/13 Sold $510,000 -19.0% $95 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
05/08/2012 05/08/12 For Sale $630,000 -- $118 / 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 $6,316 $710,500 $120,000 $590,500
2022 $5,621 $632,300 $120,000 $512,300
2021 $4,710 $529,800 $102,000 $427,800
2020 $4,710 $529,800 $102,000 $427,800
2019 $4,710 $529,800 $0 $0
2018 $4,686 $529,800 $0 $0
2017 $4,710 $529,800 $0 $0
2016 $4,698 $514,300 $0 $0
2015 $4,724 $514,300 $0 $0
2014 $4,775 $514,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tom Arevian

    Allen Tate - Greensboro

    (336) 202-5763

    133 Total Sales

    Section Image

  • K

    Buyer's Agent in 2022

    Kyla Helsley

    NorthGroup Real Estate

    (704) 412-2804

    114 Total Sales

    Section Image

  • R

    Seller's Agent in 2013

    Ron Alt

    Coldwell Banker Advantage

    (336) 282-4414

    25 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 1067848

Triad MLS

APN: 0137126

North Carolina Guilford County Summerfield 27358

6705 Polo Farms Dr, Summerfield, NC

This home is located at 6705 Polo Farms Dr, Summerfield, NC 27358 since 07 May 2022 and is currently estimated at $930,956, approximately $163 per square foot. This property was built in 1993. 6705 Polo Farms Dr is a home located in Guilford County with nearby schools including Summerfield Elementary School, Northern Guilford Middle School, and Northern Guilford High School.

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