NOT LISTED FOR SALE

106 Simms Blvd Salem, VA 24153

Estimated Value: $558,418 - $721,000

4 Beds
2.5 Baths
2,879 Sq Ft
$211/Sq Ft Est. Value

Last Sold December 03, 2024

Last sale price $525,950 $183 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,440/month

154 Days on Market

Highlights

  • Under Construction
  • Deck
  • 2 Car Attached Garage
  • Mountain View
  • Breakfast Area or Nook
  • Walk-In Closet

About This Home

As of December 2024

New Construction with warranties on everything! LiveNEW! Purchase from a builder with over 2,500 homes completed! 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. Crown molding can be

Last Agent to Sell the Property

Robert Fralin

R FRALIN & ASSOCIATES INC License #0225061644 Listed on: 05/01/2024

Last Buyer's Agent

Jeff Snyder

WAINWRIGHT & CO., REALTORS(r) License #0225102130

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,102

Year Built

  • Built in 2024 | Under 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 96

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,102

Year Built

Built in 2024 | Under 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
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1225.00
  • Fireplace Number Fireplaces: 1
  • 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
  • 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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.23
  • Lot: 96
  • Phase: 2

Building Info

  • Year Built: 2024

Tax Info

  • Taxes (6 mo): 5102.00

MLS Schools

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

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Dec 6, 2024
Sold by
R Fralin Construction Inc
Bought by
Basnet Nimesh and Khadka Deepsana
Seller's Agent
Robert Fralin
R FRALIN & ASSOCIATES INC
Buyer's Agent
Jeff Snyder
WAINWRIGHT & CO., REALTORS(r)
List Price
$525,950
Sold Price
$525,950
Views
64
Current Estimated Value
$607,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,655
Avg. Annual Appreciation
14.44%
Original Mortgage
$355,950
Outstanding Balance
$353,013
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$254,592
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Basnet Nimesh $525,950 First Choice Title
Basnet Nimesh $525,950 First Choice Title
R Fralin Construction Inc $75,000 First Choice Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basnet Nimesh $355,950
Closed Basnet Nimesh $355,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2024 12/03/24 Sold $525,950 0.0% $183 / Sq Ft
10/23/2024 10/23/24 Off Market $525,950 -- --
10/02/2024 10/02/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $525,950 0.0% $183 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $525,950 -- $183 / 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 $2,870 $486,400 $78,900 $407,500
2024 $464 $77,400 $77,400 $0
2023 $450 $37,500 $37,500 $0
2022 $330 $27,500 $27,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 907198

Roanoke Valley Association of REALTORS®

APN: 273-4-4