NEW 8 HRS AGO

For sale

$225,000

Est. $1,441/mo —

•

1,697

sq ft

531 Polo Rd, Winston Salem, NC 27106

About this home

Charming home near Wake Forest University, hardwood floors, spacious rooms. For qualified buyers not currently owning a home, down pmt/closing cost assistance may be available (see fliers included with pictures, & other loan sources may also be available). Currently rented at $1400/mo. Would be an excellent investment property, or owner occupied home with the eligible loan assistance credits. Certified appraisal available for $225,000. Mostly replacement windows, interior painted Jan 2026. HVAC 7/2023. Roof 4/2018. Needs 48hr notice for showings. Administrator is Realtor.

Single-familyProperty Type

1939Year Built

0.27 acresLot Size

$133Price/Sq.Ft.

Listed by Kay Hatcher • Howard Hanna Allen Tate - Winston Salem

Listing updated: Oct 23, 2026 at 03:41pm

Redfin checked: 2 minutes ago

•Source:Triad MLS #1239535

Payment calculator

$1,441 per month

Principal and interest$1,228

Property taxes

$157

HOA dues

Home insurance

$56

Utilities

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Affordability tools

See this home in person

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Next available date: Saturday, October 24

Open houses

No upcoming open houses.

Nearby open houses (10)

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Around this home

Schools

K - 12
Preschool & daycare

Speas Elementary

Public PreK-5 • Assigned • 1.9mi

5/10

Paisley Middle School

Public 6-10 • Assigned • 2.0mi

2/10

Provided by GreatSchools

About

Brookwood

Brookwood, located between Silas Creek Parkway and Stratford Road, is a residential and wooded Winston-Salem neighborhood with mid-century ranch homes and curving, tree-lined streets. The neighborhood’s character concentrates around the Stratford Road corridor near Hanes Mall Boulevard, where coffee counters, local eateries, and service storefronts keep the pace steady. Camino Bakery and Krankies Coffee serve as familiar gathering spots, with SECCA adding a contemporary art anchor nearby. Brick colonials and low-slung ranches sit on generous lots, giving the streetscape a quiet, established feel. Sidewalk gaps and rolling topography put the focus on drives and pocket green spaces. Nearby parks and greenways shape an outdoors-forward routine without leaving the west side.

Provided by Walk Score and Local Logic

Market insights

531 Polo Rd · $225,000

DAYS ON MARKET

The average home goes pending in 49 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

LIST PRICE

Median sale price in this area is $314,350. (40% higher than this home)

PRICE DROP

27% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Arched doorways
Built-in features
One fireplace in the living room
Cellar

Bathrooms
2 full bathrooms

Laundry & utility
Main-level laundry
Washer hookup
Dryer connection
Electric water heater

Flooring
Tile, vinyl, and wood flooring

Heating & cooling
Electric heat pump
Central air

Sale and tax history for 531 Polo Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$1,812 (+25.5%)

$35,000 + $129,400

$164,400

2024

$1,443 (+6.8%)

$25,000 + $77,900

$102,900

2022

$1,352 (+1.8%)

$25,000 + $77,900

$102,900

2021

$1,328 (+64.3%)

$25,000 + $77,900

$102,900

2020

$808 (−0.7%)

$13,100 + $45,400

$58,500

2019

$814 (+1.7%)

$13,100 + $45,400

$58,500

2018

$800 (+3.5%)

$13,100 + $45,400

$58,500

2017

$773 (+8.7%)

$13,100 + $45,400

$58,500

2016

$711 (+1.4%)

$13,100 + $45,400

$58,500

2015

$701 (+3.2%)

$13,062 + $41,044

$54,106

2014

$679

$13,062 + $41,044

$54,106

Public record

Public record
Zoning

Beds

Baths

Stories

1.5

Lot width

—

Lot depth

—

Lot size

0.79 Acres

Year renovated

1989

Finished Sq. Ft.

1,669

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,669

Year built

1939

Style

Single Family Residential

County

Forsyth County

APN

6827623915

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 23, 2026.

RS9

Residential Single Family District

The RS-9 District is primarily intended to accommodate relatively high density single family detached dwellings in urban areas.; This district is intended for application in GMAs 2 and 3 and may be suitable in Metro Activity Centers where public facilities, including public water and sewer, public roads, parks, and other governmental support services, are available.

Permitted uses

Include but are not limited to:

Livestock production
Religious facility
Housing-Group
Housing-Single unit
Fire house
Police station
Recreation
Agriculture-Cropland

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 101° expected this year, 16 days in 30 years

4/10 Wind Factor

8% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Winston Salem, NC • 27106

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

95/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in Winston Salem. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.1 hrs

6.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 531 Polo Rd

$225,101

$101 over list price of $225K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $206K to $590K.

SOLD JUL 24, 2026
$269,000 Last sold price
3 beds2 baths1,878 sq ft
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$10/sq ft
larger lot
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SOLD JUN 2, 2026
$295,000 Last sold price
3 beds2.5 baths1,753 sq ft
1424 Brookwood Dr, Winston Salem, NC 27106
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larger lot
52 years newer
SOLD JUN 30, 2026
$223,000 Last sold price
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1716 Brookwood Dr, Winston Salem, NC 27106
$4/sq ft
larger lot
9 years newer
SOLD AUG 24, 2026
$590,000 Last sold price
3 beds2 baths1,983 sq ft
1889 Faculty Dr, Winston Salem, NC 27106
$165/sq ft
larger lot
45 years newer
SOLD JUL 7, 2026
$206,000 Last sold price
3 beds2 baths1,288 sq ft
3936 Ogburn Ave, Winston Salem, NC 27105
$27/sq ft
smaller lot
17 years older
SOLD MAY 6, 2026
$220,000 Last sold price
3 beds1 bath1,293 sq ft
4832 Germanton Rd, Winston Salem, NC 27105
$37/sq ft
larger lot
2 years newer

Rental earnings

Est. $1,817 per month, based on comparable rentals

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Early Access listings

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Details provided by Triad MLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Market insights

Property details

Sale and tax history for 531 Polo Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 531 Polo Rd

Early Access listings

Nearby similar homes

New listings for sale in 27106

More real estate resources