Check Availability

703 Polo Oaks Drive

703 Polo Oaks Drive, Winston Salem, NC 27106
Property in West Polo Road
Sold Sep 01, 2020
$145,000
$145,040 by Newrez Llc
Mortgage Due Sep 01, 2050
Sold Dec 23, 1992
Transfer
703 Polo Oaks Drive has been categorized by the local assessors in Winston Salem, NC as a residential type of property. The building on the property was first built in 1987 and is 37 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 703 Polo Oaks Drive has 1,554 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 780 ft and across the front of the lot is 380 ft. The area measurement of the land has been determined as 3,049 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of brick. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 703 Polo Oaks Drive sold most recently in Aug 28, 2020 for a total of $145,000. If you work out the math, that's approximately a cost of $93.31 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,081 in taxes each year. 703 Polo Oaks Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $158,400. If we break it down further, the land itself was valued at $35,000. Improvements to the property, however, were assessed at a total of $123,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Lot Size Depth Feet: 780
  • Lot Size Frontage Feet: 380
  • Total Building Area: 1,554
  • Gross Building Area: 1,554
  • Building Area: 1,554
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,554
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: POLO OAKS CONDOS
  • Land Acres: 0.07
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO036 BL6134

Ownership

  • Current Owner : OVERSTREET JAMES N
  • Previous Owner : K & W CAFETERIAS INC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Forsyth County Schools
  • Census Tract: 002606

Zoning

  • Zoning: RM8-S

Geography

  • Assessors Map Reference: PM6816
  • Parcel: 6816-69-5282.000
  • Block: 6134
  • Lot: 36
  • Municipality: WINSTON-SALEM
  • Latitude: 36.1314
  • Longitude: -80.2984

    Address

  • Full Address: 703 Polo Oaks Dr
  • Address - House Number: 703
  • Address - Street Name: Polo Oaks
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Winston Salem
  • Carrier Code: C013
  • 4-Digit Zip Code: 4545
  • Zip Code: 27106

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,081

    Appraisal Valuation

  • Standard Deviation: 0.253
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 64
  • Final Value: 242,517
  • High Value: 303,887
  • Low Value: 181,147

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $145,040
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Sep 01, 2020
  • First Open Lien Mortgage Loan Amount: $145,040
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $158,400
  • Market Land Value: $35,000
  • Market Improvement Value: $123,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,400
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $123,400

    Sales

  • Current Sale Contract Date: Aug 28, 2020
  • Current Sale Recording Date: Sep 01, 2020
  • Current Sale Transaction ID: 11785001840
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020038465
  • Previous Sale Recording Date: Dec 23, 1992
  • Previous Sale Contract Date: Dec 23, 1992
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: Sep 01, 2020
  • First Mortgage Loan Amount: $145,040
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2050

About West Polo Road



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 703 Polo Oaks Drive located in?
The 703 Polo Oaks Drive is a located in the neighborhood of West Polo Road in West Polo Road, Winston Salem.
What is the average sales price for listings in 703 Polo Oaks Drive?
The average sales price for units in 703 Polo Oaks Drive is $0 currently.

Quantcast