NOT LISTED FOR SALE

1620 Alberta Dr Salem, VA 24153

Estimated Value: $286,000 - $295,863

3 Beds
2 Baths
1,400 Sq Ft
$208/Sq Ft Est. Value

Last Sold January 06, 2021

Last sale price $202,500 $145 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,643/month

55 Days on Market

Highlights

  • New Construction
  • No HOA
  • Central Air
  • Ranch Style House
  • Covered Patio or Porch
  • Ceiling Fan

About This Home

As of January 2021

New construction in the City of Salem! Enjoy one level living and a maintenance free exterior in a convienently located neighborhood. This home boasts a craftsman style feel with it's shake siding, mission style door, and beautiful stamped concrete. The cottage style kitchen features butcher block counter tops, stainless steel appliances, and Procore luxury plank flooring. All bedrooms are carpeted and the Procore luxury plank flooring is throughout the rest of the home.

Last Agent to Sell the Property

Vickie Breedlove

RE/MAX REAL ESTATE ONE License #0225073175 Listed on: 10/21/2020

RE/MAX REAL ESTATE ONE

Last Buyer's Agent

Robert Fralin

R FRALIN & ASSOCIATES INC License #0225061644

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,170

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Slab Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • Ceiling Fan
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1/2 LT 19 RESUB PT

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,170

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Patio
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1400.00
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1400
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1400.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Maint-Free Exterior, New Construction, Paved Road

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.10
  • Lot: 1/2 LT 19 RESUB PT

Building Info

  • Year Built: 2020

Tax Info

  • Taxes (6 mo): 2170.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Jan 4, 2021
Sold by
Terry Properties Of Va Inc
Bought by
Nrv Llc
Seller's Agent
Vickie Breedlove
RE/MAX REAL ESTATE ONE
Buyer's Agent
Robert Fralin
R FRALIN & ASSOCIATES INC
List Price
$214,950
Sold Price
$202,500
Premium/Discount to List
-$12,450
-5.79%
Current Estimated Value
$291,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,966
Avg. Annual Appreciation
7.52%

Purchase Details

Closed on
Mar 12, 2020
Sold by
Knight Dorothy E
Bought by
Terry Jodie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nrv Llc $202,500 Acquisition Ttl & Setmnt Agc
Terry Properties Of Va Inc -- Performance Title & Setmnt
Terry Jodie $25,000 Performance Title & Setmnt
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2021 01/06/21 Sold $202,500 -5.8% $145 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $214,950 -- $154 / 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 $1,422 $241,000 $28,800 $212,200
2024 $1,348 $224,600 $28,100 $196,500
2023 $2,477 $206,400 $26,200 $180,200
2022 $2,285 $190,400 $23,600 $166,800
2021 $2,125 $177,100 $22,800 $154,300
2020 $109 $9,100 $9,100 $0
2019 $109 $9,100 $9,100 $0
2018 $107 $9,100 $9,100 $0
2017 $107 $9,100 $9,100 $0
2016 $107 $9,100 $9,100 $0
2015 $100 $8,500 $8,500 $0
2014 $100 $8,500 $8,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 874493

Roanoke Valley Association of REALTORS®

APN: 229-2-2.1