$542,762
SOLD SEP 25, 2024

138 Parker Ln Salem, VA 24153

3 Beds
2.5 Baths
2,575 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$211 Per Sq Ft

6% Above List Price

Highlights

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

About This Home

As of September 2024

Listed and sold same day

Last Agent to Sell the Property

Allison Ratcliffe

EMBOLDEN REALTY GROUP License #0225253008 Listed on: 02/08/2024

Last Buyer's Agent

Dale Clark

THE GOOD SIGN REAL ESTATE CO. License #0225235418

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,947

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 9,148 Sq Ft Lot
  • Cul-De-Sac

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,575 Sq Ft Home
  • 1.5-Story Property
  • 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

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 126

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,947

Year Built

Built in 2024 | Under Construction

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Interior Features: Breakfast Area, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Major Appliances: Dishwasher, Disposer, 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
  • 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: 2024-02-08
  • 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: Cul-de-sac, 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: 0.21
  • Lot: 126
  • Phase: 1

Building Info

  • Year Built: 2024

Tax Info

  • Taxes (6 mo): 4947.00
  • FILLTAXID: 288-3-10

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
Feb 8, 2024
Closed on
Sep 20, 2024
Sold by
R Fralin Construction Inc
Bought by
Alvarez Chad Eugene and Alvarez Kimberly Sue
Seller's Agent
Allison Ratcliffe
EMBOLDEN REALTY GROUP
Buyer's Agent
Dale Clark
THE GOOD SIGN REAL ESTATE CO.
List Price
$509,950
Sold Price
$542,762
Premium/Discount to List
$32,812
6.43%
Views
5
Current Estimated Value
$584,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,988
Avg. Annual Appreciation
8.84%
Original Mortgage
$310,000
Outstanding Balance
$308,286
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$276,464
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $542,762 Old Republic National Title
Deed $81,200 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $310,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $542,762 +6.4% $211 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $509,950 -- $198 / 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
2024 $487 $81,200 $81,200 $0
2023 $472 $39,300 $39,300 $0
2022 $346 $28,800 $28,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 904869

Roanoke Valley Association of REALTORS®

APN: 288-3-10