NOT LISTED FOR SALE

113 Simms Blvd Salem, VA 24153

Estimated Value: $515,000 - $585,157

4 Beds
2.5 Baths
2,879 Sq Ft
$194/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $550,735 $191 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,183/month

Highlights

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

About This Home

As of August 2023

This home is located at 113 Simms Blvd, Salem, VA 24153 since 14 November 2022 and is currently estimated at $559,789, approximately $194 per square foot. This property was built in 2023. 113 Simms Blvd is a home located in Salem City with nearby schools including East Salem Elementary School, Andrew Lewis Middle School, and Salem High School.

Last Agent to Sell the Property

Allison Ratcliffe

EMBOLDEN REALTY GROUP License #0225253008 Listed on: 11/14/2022

Last Buyer's Agent

Allison Ratcliffe

EMBOLDEN REALTY GROUP License #0225253008 Listed on: 11/14/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,044

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 10,019

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Proposed Property
  • 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 88

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,044

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$13 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: 150.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2022-11-14
  • 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: No
  • 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: 88
  • Phase: 2

Building Info

  • Year Built: 2023

Tax Info

  • Taxes (6 mo): 5044.00
  • FILLTAXID: 273-5-4

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
Nov 14, 2022
Closed on
Aug 30, 2023
Sold by
R Fralin Construction Inc
Bought by
Gilley Jeffrey Lauer and Gilley Jaclyn Boehling
Seller's Agent
Allison Ratcliffe
EMBOLDEN REALTY GROUP
Buyer's Agent
Allison Ratcliffe
EMBOLDEN REALTY GROUP
List Price
$530,950
Sold Price
$550,735
Premium/Discount to List
$19,785
3.73%
Views
3
Current Estimated Value
$559,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,054
Avg. Annual Appreciation
0.76%
Original Mortgage
$495,661
Outstanding Balance
$484,789
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$75,000
Source: Public Records

Range of Values:

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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
Gilley Jeffrey Lauer $550,734 Acquisition Title
R Fralin Construction Inc $75,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilley Jeffrey Lauer $495,661
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $550,735 +3.7% $191 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
11/14/2022 11/14/22 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 $2,805 $475,400 $79,000 $396,400
2024 $2,770 $461,600 $77,500 $384,100
2023 $449 $37,400 $37,400 $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: 894360

Roanoke Valley Association of REALTORS®

APN: 273-5-4