NOT LISTED FOR SALE

118 Simms Dr Salem, VA 24153

Estimated Value: $482,000 - $542,000

3 Beds
2.5 Baths
2,575 Sq Ft
$202/Sq Ft Est. Value

Last Sold July 25, 2024

Last sale price $491,437 $191 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,967/month

Highlights

  • Under Construction
  • Mountain View
  • Covered Patio or Porch
  • Salem High School Rated A-
  • Deck
  • Breakfast Area or Nook

About This Home

As of July 2024

Home listed and sold same day.

Last Agent to Sell the Property

Allison Ratcliffe

EMBOLDEN REALTY GROUP License #0225253008 Listed on: 11/27/2023

Last Buyer's Agent

Allison Ratcliffe

EMBOLDEN REALTY GROUP License #0225253008 Listed on: 11/27/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,645

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 0.29 Acre Lot

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,575 Sq Ft Home
  • 1.5-Story Property
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Mountain Views
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Murray Realty, Inc. Association
  • Simms Farm Subdivision

Listing and Financial Details

  • Tax Lot 99

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,645

Year Built

Built in 2024 | Under Construction

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Interior Features: Breakfast Area, Gas Log Fireplace, Masonry Fireplace, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Major Appliances: Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Electric
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Paved Driveway
  • Views: Mountain
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1668.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 2575
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 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: 2023-11-27
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 2575
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2575.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 907.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

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: 0.29
  • Lot: 99
  • Phase: 2

Building Info

  • Year Built: 2024

Tax Info

  • Taxes (6 mo): 4645.00
  • FILLTAXID: 273-4-7

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 27, 2023
Closed on
Jul 18, 2024
Sold by
R Fralin Construction Inc
Bought by
Mullins David J and Mullins Rebekah G
Seller's Agent
Allison Ratcliffe
EMBOLDEN REALTY GROUP
Buyer's Agent
Allison Ratcliffe
EMBOLDEN REALTY GROUP
List Price
$488,943
Sold Price
$491,438
Premium/Discount to List
$2,495
0.51%
Views
8
Current Estimated Value
$521,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,775
Avg. Annual Appreciation
4.78%
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
Mullins David J $491,437 Acquisition Title
R Fralin Construction Inc $77,100 Acquisition Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2024 07/25/24 Sold $491,438 +0.5% $191 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $488,943 -- $190 / 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 $2,602 $441,000 $78,600 $362,400
2024 $463 $77,100 $77,100 $0
2023 $450 $37,500 $37,500 $0
2022 $330 $27,500 $27,500 $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
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 903451

Roanoke Valley Association of REALTORS®

APN: 273-4-7

Virginia Salem City County Salem 24153

118 Simms Dr, Salem, VA

This home is located at 118 Simms Dr, Salem, VA 24153 since 27 November 2023 and is currently estimated at $521,213, approximately $202 per square foot. This property was built in 2024. 118 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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