NOT LISTED FOR SALE

101 Simms Dr Salem, VA 24153

Estimated Value: $530,000 - $582,000

4 Beds
2.5 Baths
2,879 Sq Ft
$192/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $487,450 $169 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,160/month

392 Days on Market

Highlights

  • New Construction
  • Mountain View
  • Breakfast Area or Nook
  • Salem High School Rated A-
  • Deck
  • 2 Car Attached Garage

About This Home

As of February 2024

QUICK MOVE IN! NEW CONSTRUCTION! Please find information below and pictures attached for our Dovercroft style home which offers 2879 square feet above grade, and 9' framed walls on first floor with smooth drywall finish. This house plan incorporates luxury vinyl plank on the entire main living level, half bath, upper level hallway and master bedroom, ceramic tile in the full baths and laundry, oak treads to the second floor, and carpet throughout remaining areas. The master shower offers ceramic tiled walls and floor! Tahoe cabinets by Timberlake in the kitchen and bathrooms, with soft close, makes the home even more beautiful. The kitchen and bath counter tops are luxurious granite. 5 1/4'' baseboard and 3 1/4'' window/door trim in all finished areas Crown molding can be found in the

Last Agent to Sell the Property

Allison Ratcliffe

EMBOLDEN REALTY GROUP License #0225253008 Listed on: 12/16/2022

Last Buyer's Agent

Karl Ford

MKB, REALTORS(r) License #0225128934

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,044

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 10,019

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,879 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Schools

  • G. W. Carver Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Deck
  • 10,019 Sq Ft Lot

Community Details

  • Murray Realty, Inc. Association
  • Simms Farm Subdivision

Listing and Financial Details

  • Tax Lot 91

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,044

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Interior Features: Breakfast Area, Gas Log Fireplace, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Electric
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Paved Driveway
  • Views: Mountain
  • BedroomsBRUpperLevel: 4
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1225.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 4117
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryUpperLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Phone Email: 540-366-7771
  • P O A Condo Contact Name: Murray Realty, Inc.
  • POACondoDues: 200.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2024-01-12
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 2879
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2879.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 1238.00
  • Unfinished Attached S Q F T Other Below Grd Unfin S Q F T: 1238.00
  • UpperAboveGrdFin Sq Ft: 1654.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: New Construction, Paved Road

Schools

  • Elementary School: G. W. Carver
  • Middle School: Andrew Lewis
  • High School: Salem High

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.23
  • Lot: 91
  • Phase: 2

Building Info

  • Year Built: 2023

Tax Info

  • Taxes (6 mo): 5044.00
  • FILLTAXID: 273-5-1

MLS Schools

  • Elementary School: G. W. Carver
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2022
Closed on
Feb 15, 2024
Sold by
H2v Properties Llc
Bought by
Sheru Llc
Seller's Agent
Allison Ratcliffe
EMBOLDEN REALTY GROUP
Buyer's Agent
Karl Ford
MKB, REALTORS(r)
List Price
$489,950
Sold Price
$487,450
Premium/Discount to List
-$2,500
-0.51%
Views
242
Current Estimated Value
$554,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,747
Avg. Annual Appreciation
7.94%
Original Mortgage
$457,450
Outstanding Balance
$449,486
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$104,711

Purchase Details

Listed on
Dec 16, 2022
Closed on
Feb 14, 2024
Sold by
R Fralin Construction Inc
Bought by
Nogueira Carlos Alberto and Nogueira Alessandra Regina
Seller's Agent
Allison Ratcliffe
EMBOLDEN REALTY GROUP
Buyer's Agent
Karl Ford
MKB, REALTORS(r)
List Price
$489,950
Sold Price
$487,450
Premium/Discount to List
-$2,500
-0.51%
Views
242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,450
Outstanding Balance
$449,486
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$104,711
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
Sheru Llc $375,000 Old Republic Title
Nogueira Carlos Alberto $487,950 Chicago Title
R Fralin Construction Inc $465,400 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R Fralin Construction Inc $457,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2024 02/21/24 Sold $487,450 -0.5% $169 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
12/08/2023 12/08/23 For Sale $489,950 +0.5% $170 / Sq Ft
12/06/2023 12/06/23 Off Market $487,450 -- --
12/01/2023 12/01/23 Price Changed $489,950 -2.0% $170 / Sq Ft
11/10/2023 11/10/23 For Sale $499,950 +2.6% $174 / Sq Ft
11/07/2023 11/07/23 Off Market $487,450 -- --
10/27/2023 10/27/23 For Sale $499,950 +2.6% $174 / Sq Ft
10/25/2023 10/25/23 Off Market $487,450 -- --
10/13/2023 10/13/23 For Sale $499,950 +2.6% $174 / Sq Ft
10/11/2023 10/11/23 Off Market $487,450 -- --
09/28/2023 09/28/23 For Sale $499,950 0.0% $174 / Sq Ft
09/28/2023 09/28/23 Price Changed $499,950 +2.6% $174 / Sq Ft
09/27/2023 09/27/23 Off Market $487,450 -- --
09/15/2023 09/15/23 For Sale $510,950 +4.8% $177 / Sq Ft
09/13/2023 09/13/23 Off Market $487,450 -- --
09/01/2023 09/01/23 For Sale $510,950 +4.8% $177 / Sq Ft
08/29/2023 08/29/23 Off Market $487,450 -- --
08/18/2023 08/18/23 Price Changed $510,950 -1.9% $177 / Sq Ft
08/18/2023 08/18/23 For Sale $520,950 +6.9% $181 / Sq Ft
08/14/2023 08/14/23 Off Market $487,450 -- --
02/28/2023 02/28/23 Price Changed $520,950 -1.9% $181 / Sq Ft
12/16/2022 12/16/22 For Sale $530,950 -- $184 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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
2025 $2,827 $479,200 $82,800 $396,400
2024 $2,792 $465,400 $81,300 $384,100
2023 $472 $39,300 $39,300 $0
2022 $346 $28,800 $28,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Allison Ratcliffe

    Seller's Agent in 2024

    Allison Ratcliffe

    EMBOLDEN REALTY GROUP

    (434) 531-6567

    24 in this area

    276 Total Sales

    Allison Ratcliffe
    Section Image
  • Karl Ford

    Buyer's Agent in 2024

    Karl Ford

    MKB, REALTORS(r)

    (800) 879-6527

    10 in this area

    97 Total Sales

    Karl Ford
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 894897

Roanoke Valley Association of REALTORS®

APN: 273-5-1

Virginia Salem City County Salem 24153

101 Simms Dr, Salem, VA

This home is located at 101 Simms Dr, Salem, VA 24153 since 16 December 2022 and is currently estimated at $554,197, approximately $192 per square foot. This property was built in 2023. 101 Simms Dr is a home located in Salem City with nearby schools including East Salem Elementary School, Andrew Lewis Middle School, and Salem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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