NOT LISTED FOR SALE

1317 Penley Blvd Salem, VA 24153

Estimated Value: $246,000 - $266,000

3 Beds
2 Baths
1,415 Sq Ft
$181/Sq Ft Est. Value

Last Sold October 03, 2024

Last sale price $230,000 $163 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,428/month

53 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Storage
  • Sun or Florida Room
  • Patio
  • Shed

About This Home

As of October 2024

This charming, older home has been loved and improved for nearly thirty years. The home is cheery and bright, featuring a large living room, an expanded and updated kitchen, living level bedroom, and two cute, storybook bedrooms upstairs. Both baths are remodeled, and many systems of the house have been updated. The large, flat lot has a huge patio and mature plantings. Located in quiet South Salem, this one is an affordable gem.

Last Agent to Sell the Property

Neil Conner

THE GOOD SIGN REAL ESTATE CO. License #0225038090 Listed on: 07/04/2024

Co-Listed By

Hayden Conner

THE GOOD SIGN REAL ESTATE CO. License #0225271087

Last Buyer's Agent

Cynthia Ilewicz

NEST REALTY SWVA License #0225206918

NEST REALTY SWVA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,603

Year Built

  • Built in 1940

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 1,415 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Sun or Florida Room
  • Storage
  • Laundry on main level

Kitchen

  • Electric Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Patio
  • Shed

Schools

  • South Salem Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4 & E PT 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,603

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Storage
  • Heating System: Forced Air Oil
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Range Hood, Refrigerator, Sump Pump
  • Cooling System: Central Cooling
  • Outside Features: Patio, Storage Shed, Sunroom
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1180.00
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 1.5 Story, Cape Cod
  • Total Above Grd Fin S Q F T: 1415
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1415.00
  • TotalUnfin Sq Ft: 500.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 500.00
  • UpperAboveGrdFin Sq Ft: 235.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.26
  • Lot: 4 & E PT 3

Building Info

  • Year Built: 1940

Tax Info

  • Taxes (6 mo): 1603.00

MLS Schools

  • Elementary School: South Salem
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2024
Closed on
Sep 17, 2024
Sold by
Boles Melody A and Whilden Melody B
Bought by
Kelly Joseph Aaron and Kelly Harriet P
Seller's Agent
Neil Conner
THE GOOD SIGN REAL ESTATE CO.
Buyer's Agent
Cynthia Ilewicz
NEST REALTY SWVA
List Price
$252,500
Sold Price
$230,000
Premium/Discount to List
-$22,500
-8.91%
Views
145
Current Estimated Value
$256,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,142
Avg. Annual Appreciation
8.63%
Original Mortgage
$230,000
Outstanding Balance
$227,186
Interest Rate
6.46%
Mortgage Type
VA
Estimated Equity
$28,956
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kelly Joseph Aaron $230,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Joseph Aaron $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2024 10/03/24 Sold $230,000 -7.6% $163 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/19/2024 08/19/24 Price Changed $249,000 -1.4% $176 / Sq Ft
07/29/2024 07/29/24 For Sale $252,500 0.0% $178 / Sq Ft
07/29/2024 07/29/24 Price Changed $252,500 -2.5% $178 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
07/04/2024 07/04/24 For Sale $259,000 -- $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 $1,229 $208,300 $42,100 $166,200
2024 $802 $133,600 $41,000 $92,600
2023 $1,469 $122,400 $38,300 $84,100
2022 $1,356 $113,000 $32,800 $80,200
2021 $1,286 $107,200 $29,600 $77,600
2020 $1,247 $103,900 $29,600 $74,300
2019 $1,228 $102,300 $29,600 $72,700
2018 $1,195 $101,300 $29,600 $71,700
2017 $1,184 $100,300 $29,600 $70,700
2016 $1,184 $100,300 $29,600 $70,700
2015 $1,149 $97,400 $30,100 $67,300
2014 $1,149 $97,400 $30,100 $67,300
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Neil Conner

    THE GOOD SIGN REAL ESTATE CO.

    (540) 375-9000

    24 in this area

    83 Total Sales

    Neil Conner
    Section Image

  • H

    Seller Co-Listing Agent in 2024

    Hayden Conner

    THE GOOD SIGN REAL ESTATE CO.

    (540) 580-0407

    5 in this area

    21 Total Sales

    Hayden Conner
    Section Image
  • Cynthia Ilewicz

    Buyer's Agent in 2024

    Cynthia Ilewicz

    NEST REALTY SWVA

    (540) 808-3691

    1 in this area

    49 Total Sales

    Cynthia Ilewicz
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 908979

Roanoke Valley Association of REALTORS®

APN: 204-6-16

Virginia Salem City County Salem 24153

1317 Penley Blvd, Salem, VA

Not Listed for Sale

Detached

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