NOT LISTED FOR SALE

1537 Penley Blvd Salem, VA 24153

Estimated Value: $400,973 - $434,000

3 Beds
2 Baths
1,626 Sq Ft
$255/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $299,950 $184 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,433/month

163 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System
  • Salem High School Rated A-
  • 2 Car Attached Garage
  • Under Construction

About This Home

As of April 2020

New construction in the city of Salem! This beautiful 3 BR 2BA plan features one level living at its best with an open, spacious, light and bright floor plan and a two-car garage. Great location and buyer can still choose finishes!

Last Agent to Sell the Property

Julie Arthur

MKB, REALTORS(r) License #0225030451 Listed on: 09/04/2019

MKB, REALTORS(r)

Co-Listed By

Lynne Boone

ABOONE HOMES LLC License #0225242674

Last Buyer's Agent

Tammy Rickman

RICKMAN REALTY LLC License #0225017446

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,539

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 0.27

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,626 Sq Ft Home
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • 0.27 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1A

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,539

Year Built

Built in 2019 | Under Construction

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Cooling System: Central Cooling
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1626.00
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1626
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2020-02-14
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1626
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1626.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Schools

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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.27
  • Lot: 1A

Building Info

  • Year Built: 2019

Tax Info

  • Taxes (6 mo): 3539.00
  • FILLTAXID: 205-2-3

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
Sep 4, 2019
Closed on
Mar 30, 2020
Sold by
Boone Thomas Llc
Bought by
Stclair Elizabeth B
Seller's Agent
Julie Arthur
MKB, REALTORS(r)
Buyer's Agent
Tammy Rickman
RICKMAN REALTY LLC
List Price
$299,950
Sold Price
$299,950
Current Estimated Value
$414,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,793
Avg. Annual Appreciation
5.53%
Original Mortgage
$200,000
Outstanding Balance
$178,991
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$220,975

Purchase Details

Listed on
Sep 4, 2019
Closed on
Feb 18, 2020
Sold by
Abre Holdings Inc
Bought by
Boone Thomas Llc and Graham Thomas Homebuilder Llc
Seller's Agent
Julie Arthur
MKB, REALTORS(r)
Buyer's Agent
Tammy Rickman
RICKMAN REALTY LLC
List Price
$299,950
Sold Price
$299,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$178,991
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$220,975

Purchase Details

Closed on
Dec 30, 2019
Sold by
Boone Thomas Llc
Bought by
Abre Holdings Inc

Purchase Details

Closed on
Apr 9, 2015
Sold by
Bggt Llc
Bought by
Abre Holdings Inc
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
Stclair Elizabeth B $299,950 First Choice Title & Setmnt
Boone Thomas Llc $37,500 None Available
Abre Holdings Inc -- None Available
Abre Holdings Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stclair Elizabeth B $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2020 04/17/20 Sold $299,950 0.0% $184 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
09/04/2019 09/04/19 For Sale $299,950 -- $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
2024 $2,078 $346,300 $50,000 $296,300
2023 $3,758 $313,200 $47,500 $265,700
2022 $3,695 $307,900 $42,500 $265,400
2021 $3,468 $289,000 $40,000 $249,000
2020 $3,374 $281,200 $40,000 $241,200
2019 $480 $40,000 $40,000 $0
2018 $443 $37,500 $37,500 $0
2017 $444 $37,600 $37,600 $0
2016 $356 $30,200 $30,200 $0
2015 -- $28,000 $28,000 $0
2014 -- $28,000 $28,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Julie Arthur

    Seller's Agent in 2020

    Julie Arthur

    MKB, REALTORS(r)

    (540) 293-1503

    18 in this area

    67 Total Sales

    Julie Arthur
    Section Image
  • Lynne Boone

    Seller Co-Listing Agent in 2020

    Lynne Boone

    ABOONE HOMES LLC

    (540) 556-9833

    1 in this area

    80 Total Sales

    Lynne Boone
    Section Image
  • Tammy Rickman

    Buyer's Agent in 2020

    Tammy Rickman

    RICKMAN REALTY LLC

    (540) 793-4141

    17 in this area

    323 Total Sales

    Tammy Rickman
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 862874

Roanoke Valley Association of REALTORS®

APN: 205-2-3

Virginia Salem City County Salem 24153

1537 Penley Blvd, Salem, VA

This home is located at 1537 Penley Blvd, Salem, VA 24153 since 04 September 2019 and is currently estimated at $414,743, approximately $255 per square foot. This property was built in 2019. 1537 Penley Blvd is a home located in Salem City with nearby schools including South 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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