NOT LISTED FOR SALE

207 Academy St Salem, VA 24153

Estimated Value: $620,186 - $660,000

5 Beds
3 Baths
3,561 Sq Ft
$181/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $480,000 $135 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,760/month

2 Days on Market

Highlights

  • No HOA
  • Screened Porch
  • Walk-In Closet
  • Salem High School Rated A-
  • 2 Car Detached Garage
  • Tankless Water Heater

About This Home

As of December 2020

Welcome to 207 Academy Street where you'll be greeted by an oversized & inviting front porch. Then, step inside and find yourself charmed by the grand entrance foyer, spacious formal living and dining rooms, an entry level bedroom/office, 10' ceilings, cased openings and two piece crown moldings throughout! The beautiful kitchen remodel offers excellent functionality pairedwith timeless selections. Don't miss the custom, live edge Sycamore kitchen peninsula! For those who appreciate a spacious and functional laundry room, this craft/laundry room is sure to please! Longing for additional outdoor living space?

Last Agent to Sell the Property

Dana Berenbaum

MKB, REALTORS(r) License #0225219400 Listed on: 10/20/2020

MKB, REALTORS(r)

Last Buyer's Agent

Rob Robinson

RE/MAX REAL ESTATE ONE License #0225066830

RE/MAX REAL ESTATE ONE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,663

Year Built

  • Built in 1917

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 60x202x60x204
  • Level Lot
  • Garden
  • Property is zoned RJF

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,561 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Ceiling Fan
  • Screened Porch
  • Attic Fan

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,663

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Ceiling Fan, Walk-in-Closet
  • Heating System: Forced Air Gas, Heat Pump Electric, Zoned Heat
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator, Sump Pump
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Garden Space, Patio, Paved Driveway, Screened Porch
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 4
  • EntryAboveGrdFin Sq Ft: 1520.00
  • ExteriorDoors: Fiberglass
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 4777
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Comcast
  • LaundryLaundryUpperLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • OtherAboveGrdFin Sq Ft: 521.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2020-10-22
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 3561
  • TotalBdrm: 5
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3561.00
  • TotalUnfin Sq Ft: 1216.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1216.00
  • UpperAboveGrdFin Sq Ft: 1520.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

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

Schools

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

Green Features

  • Energy Features: Attic Fan

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 60x202x60x204
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.28
  • Lot: 12
  • ZoningCode: RJF

Building Info

  • Year Built: 1917

Tax Info

  • Taxes (6 mo): 4663.20
  • FILLTAXID: 105-2-12

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2020
Closed on
Dec 7, 2020
Sold by
Crew Benjamin T and Crew Megan H
Bought by
Funk Ryan and Funk Kristen
Seller's Agent
Dana Berenbaum
MKB, REALTORS(r)
Buyer's Agent
Rob Robinson
RE/MAX REAL ESTATE ONE
List Price
$485,000
Sold Price
$480,000
Premium/Discount to List
-$5,000
-1.03%
Current Estimated Value
$645,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,547
Avg. Annual Appreciation
5.58%
Original Mortgage
$435,000
Outstanding Balance
$392,350
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$227,748

Purchase Details

Listed on
Apr 3, 2013
Closed on
Oct 10, 2013
Sold by
Stone Financing Llc
Bought by
Crew Benjamin T and Crew Megan H
Seller's Agent
Cyndi Fletcher
BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN
List Price
$358,000
Sold Price
$327,000
Premium/Discount to List
-$31,000
-8.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$245,250
Interest Rate
4.24%
Mortgage Type
New Conventional
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
Funk Ryan $480,000 Performance Title & Setmnt
Crew Benjamin T $327,000 Preferred Settlement & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Funk Ryan $435,000
Previous Owner Crew Benjamin T $282,500
Previous Owner Crew Benjamin T $245,250
Previous Owner Mccarthy Maureen F $200,000
Previous Owner Mccarthy Maureen F $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $480,000 -1.0% $135 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $485,000 +48.3% $136 / Sq Ft
10/29/2013 10/29/13 Sold $327,000 -8.7% $90 / Sq Ft
09/19/2013 09/19/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $358,000 -- $99 / 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 $2,917 $486,100 $58,900 $427,200
2023 $5,550 $462,500 $54,400 $408,100
2022 $5,258 $438,200 $52,100 $386,100
2021 $4,769 $397,400 $49,800 $347,600
2020 $4,663 $388,600 $47,600 $341,000
2019 $4,387 $365,600 $45,300 $320,300
2018 $3,967 $336,200 $40,800 $295,400
2017 $3,922 $332,400 $40,800 $291,600
2016 $3,922 $332,400 $40,800 $291,600
2015 $3,830 $324,600 $39,600 $285,000
2014 $3,830 $324,600 $39,600 $285,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 874430

Roanoke Valley Association of REALTORS®

APN: 105-2-12