NOT LISTED FOR SALE

1701 Melbourne Dr Salem, VA 24153

Estimated Value: $324,000 - $366,000

3 Beds
2.5 Baths
1,912 Sq Ft
$180/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $326,000 $171 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,933/month

4 Days on Market

Highlights

  • Mountain View
  • Cathedral Ceiling
  • Fenced Yard
  • Deck
  • No HOA
  • Cul-De-Sac

About This Home

As of September 2023

This home features an open floor plan, vaulted ceilings, Luxury Vinyl flooring, a kitchen island, and granite counters in the kitchen and baths. There are two living areas with a Great Room upstairs that includes a Dining Area and a Family Room downstairs with a masonry fireplace, a laundry room, and half bath. A one car garage finishes off the lower level. The back yard has a deck for entertaining, a paved driveway, and a wooden privacy fence. The home has tilt in insulated widows, insulated doors, HVAC replaced in 2022, and home has a maintenance free exterior. The home is located on a corner lot and on a cul de sac in the City of Salem and Salem Schools. There is lots of privacy within a neighborhood and minutes from all Salem has to offer.

Last Agent to Sell the Property

Steve Eller

LICHTENSTEIN ROWAN, REALTORS(r) License #0225217181 Listed on: 08/11/2023

Last Buyer's Agent

Katy Cookston

KELLER WILLIAMS COASTAL VIRGINIA License #0225226729

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,678

Year Built

  • Built in 1994

Lot Details

  • 8,712 Sq Ft Lot
  • Cul-De-Sac
  • Fenced Yard
  • Level Lot

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Sliding Doors
  • Family Room with Fireplace
  • Mountain Views
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Car Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Victoria Estates Subdivision

Listing and Financial Details

  • Tax Lot 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,678

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Interior Features: Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Masonry Fireplace
  • Heating System: Forced Air Gas
  • Fireplace(s): Family 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, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Deck, Fenced Yard, Patio, Paved Driveway
  • Views: Mountain
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 36.00
  • ExteriorDoors: Metal, Sliding
  • Fireplace Number Fireplaces: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: GloFiber
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 704.00
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • Residential Type: Detached
  • Style Of House: Split-Foyer
  • Total Above Grd Fin S Q F T: 1208
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1912.00
  • TotalHBaths: 1
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1172.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • 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
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Cul-de-sac, Maint-Free Exterior

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.20
  • Lot: 8

Building Info

  • Year Built: 1994

Tax Info

  • Taxes (6 mo): 2678.00

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 24, 2020
Closed on
Aug 26, 2020
Sold by
Fasnacht R Allan
Bought by
Christian Philip and Christian Harley
Seller's Agent
Karl Ford
MKB, REALTORS(r)
Buyer's Agent
Steve Eller
LICHTENSTEIN ROWAN, REALTORS(r)
List Price
$219,950
Sold Price
$224,250
Premium/Discount to List
$4,300
1.95%
Current Estimated Value
$344,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,508
Avg. Annual Appreciation
8.35%
Original Mortgage
$207,638
Outstanding Balance
$183,846
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$160,912

Purchase Details

Listed on
Jul 24, 2020
Closed on
Aug 20, 2020
Sold by
Fasnacht R Allan
Bought by
Christian Philip and Christian Harley
Seller's Agent
Karl Ford
MKB, REALTORS(r)
Buyer's Agent
Steve Eller
LICHTENSTEIN ROWAN, REALTORS(r)
List Price
$219,950
Sold Price
$224,250
Premium/Discount to List
$4,300
1.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,638
Outstanding Balance
$183,846
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$160,912
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
Christian Philip $224,250 First American Title Ins Co
Christian Philip $224,250 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christian Philip $207,638
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2023 09/15/23 Sold $326,000 +0.3% $171 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $325,000 +44.9% $170 / Sq Ft
08/26/2020 08/26/20 Sold $224,250 +2.0% $117 / Sq Ft View Prior Sale
07/26/2020 07/26/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $219,950 -- $115 / 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 $1,578 $267,500 $41,800 $225,700
2024 $1,484 $247,300 $39,800 $207,500
2023 $2,678 $223,200 $37,800 $185,400
2022 $2,339 $194,900 $33,800 $161,100
2021 $2,164 $180,300 $31,900 $148,400
2020 $2,024 $168,700 $31,900 $136,800
2019 $1,988 $165,700 $31,900 $133,800
2018 $1,887 $159,900 $29,900 $130,000
2017 $1,870 $158,500 $29,900 $128,600
2016 $1,870 $158,500 $29,900 $128,600
2015 $1,745 $147,900 $31,500 $116,400
2014 $1,745 $147,900 $31,500 $116,400
Source: Public Records

Agents Affiliated with this Home

  • Steve Eller

    Seller's Agent in 2023

    Steve Eller

    LICHTENSTEIN ROWAN, REALTORS(r)

    (540) 793-2012

    16 in this area

    92 Total Sales

    Steve Eller
    Section Image
  • Katy Cookston

    Buyer's Agent in 2023

    Katy Cookston

    KELLER WILLIAMS COASTAL VIRGINIA

    (540) 520-8402

    41 in this area

    228 Total Sales

    Katy Cookston
    Section Image

  • G

    Buyer Co-Listing Agent in 2023

    Gregory Justis

    KELLER WILLIAMS REALTY ROANOKE

    (540) 314-1592

    2 in this area

    25 Total Sales

    Gregory Justis
    Section Image
  • Karl Ford

    Seller's Agent in 2020

    Karl Ford

    MKB, REALTORS(r)

    (800) 879-6527

    8 in this area

    92 Total Sales

    Karl Ford
    Section Image
  • Joe Kraft

    Buyer Co-Listing Agent in 2020

    Joe Kraft

    LICHTENSTEIN ROWAN, REALTORS(r)

    (727) 296-7492

    16 in this area

    302 Total Sales

    Joe Kraft
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 900631

Roanoke Valley Association of REALTORS®

APN: 204-2-3

Virginia Salem City County Salem 24153

1701 Melbourne Dr, Salem, VA

Not Listed for Sale

Detached

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