NOT LISTED FOR SALE

217 Edgemont Dr Salem, VA 24153

Estimated Value: $440,386 - $480,000

4 Beds
2.5 Baths
2,228 Sq Ft
$208/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $390,000 $175 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,630/month

9 Days on Market

Highlights

  • Mountain View
  • Deck
  • Rear Porch
  • G.W. Carver Elementary School Rated 9+
  • Breakfast Area or Nook
  • 2 Car Attached Garage

About This Home

As of December 2022

MOTIVATED SELLER!!! Home was purchased brand new. Beautiful hardwood floors and well maintained carpet throughout. Ceramic tile in all three bathrooms. Open floor plan with 9ft ceilings. Large two car garage as well as a huge backyard. Conveniently located to 581 and 5 minutes from downtown Salem. Unfinished basement is plumbed for an additional bathroom and ready for you to add additional living space.

Last Agent to Sell the Property

Mac Westland

MAC WESTLAND REAL ESTATE GROUP License #0225237901 Listed on: 10/05/2022

Last Buyer's Agent

Chelsea Dyer

FIRST CHOICE REAL ESTATE LLC - ROANOKE License #0225201612

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,858

Year Built

  • Built in 2021

Lot Details

  • 0.28 Acre Lot
  • Lot Sloped Up

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,228 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Mountain Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Rear Porch

Schools

  • G. W. Carver Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Murray Realty Association
  • The Village At North Mill Subdivision

Listing and Financial Details

  • Tax Lot 33

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,858

Year Built

Built in 2021

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Interior Features: Breakfast Area, Ceiling Fan, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • 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
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Paved Driveway
  • Views: Mountain
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 975.00
  • HalfBathsHalfBathsEntryLvl: 1
  • InternetAccessCurntInternetProv: Xfinity
  • LaundryLaundryUpperLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Phone Email: 540-366-7771
  • P O A Condo Contact Name: Murray Realty
  • POACondoDues: 200.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 2228
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2228.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 975.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 975.00
  • UpperAboveGrdFin Sq Ft: 1253.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Paved Road, Underground Util

Lot Info

  • Lot Description: Gentle Slope, Up Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.28
  • Lot: 33

Building Info

  • Year Built: 2021

Tax Info

  • Taxes (6 mo): 5858.00

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
Oct 5, 2022
Closed on
Dec 19, 2022
Sold by
Barrett Albert E and Barrett Paige C
Bought by
Binner Matthew Thomas and Binner Kristine Hunter
Seller's Agent
Mac Westland
MAC WESTLAND REAL ESTATE GROUP
Buyer's Agent
Chelsea Dyer
FIRST CHOICE REAL ESTATE LLC - ROANOKE
List Price
$409,950
Sold Price
$390,000
Premium/Discount to List
-$19,950
-4.87%
Current Estimated Value
$464,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,097
Avg. Annual Appreciation
5.81%
Original Mortgage
$270,000
Outstanding Balance
$261,291
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$202,806

Purchase Details

Listed on
Jun 3, 2020
Closed on
Nov 5, 2020
Sold by
R Fralin Construction Inc
Bought by
Barrett Albert E and Barrett Paige C
Seller's Agent
Robert Fralin
R FRALIN & ASSOCIATES INC
Buyer's Agent
Anthony Jennings
IVELMAP REALTY LLC
List Price
$314,950
Sold Price
$314,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%
Original Mortgage
$309,244
Interest Rate
2.7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Binner Matthew Thomas $390,000 Virginia Title Center
Barrett Albert E $314,950 Acquisition Title
R Fralin Construction Inc $60,000 Acquisition Title
Barrett Albert E $314,950 Acquisition Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Binner Matthew Thomas $270,000
Previous Owner Barrett Albert E $309,244
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2022 12/19/22 Sold $390,000 -4.9% $175 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $409,950 +30.2% $184 / Sq Ft
12/30/2020 12/30/20 Sold $314,950 0.0% $141 / Sq Ft View Prior Sale
09/04/2020 09/04/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $314,950 -- $141 / 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 $2,528 $428,500 $54,900 $373,600
2024 $2,423 $403,900 $53,000 $350,900
2023 $4,538 $378,200 $49,900 $328,300
2022 $3,938 $328,200 $42,400 $285,800
2021 $3,704 $308,700 $40,600 $268,100
2020 $487 $40,600 $40,600 $0
2019 $487 $40,600 $40,600 $0
2018 $479 $40,600 $40,600 $0
2017 $479 $40,600 $40,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Mac Westland

    Seller's Agent in 2022

    Mac Westland

    MAC WESTLAND REAL ESTATE GROUP

    (540) 385-9400

    17 in this area

    277 Total Sales

    Mac Westland
    Section Image

  • C

    Buyer's Agent in 2022

    Chelsea Dyer

    FIRST CHOICE REAL ESTATE LLC - ROANOKE

    (540) 725-7777

    18 in this area

    38 Total Sales

    Chelsea Dyer
    Section Image
  • Robert Fralin

    Seller's Agent in 2020

    Robert Fralin

    R FRALIN & ASSOCIATES INC

    (540) 761-6371

    18 in this area

    276 Total Sales

    Robert Fralin
    Section Image

  • A

    Buyer's Agent in 2020

    Anthony Jennings

    IVELMAP REALTY LLC

    (540) 632-0617

    1 in this area

    23 Total Sales

    Anthony Jennings
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 893520

Roanoke Valley Association of REALTORS®

APN: 29-2-16

Virginia Salem City County Salem 24153

217 Edgemont Dr, Salem, VA

Not Listed for Sale

Detached

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.

Nearby Homes