NOT LISTED FOR SALE

224 Edgemont Dr Salem, VA 24153

Estimated Value: $418,702 - $463,000

4 Beds
2.5 Baths
2,200 Sq Ft
$201/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $307,725 $140 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,568/month

67 Days on Market

Highlights

  • Under Construction
  • Colonial Architecture
  • 2 Car Attached Garage
  • G.W. Carver Elementary School Rated 9+
  • Deck
  • Bay Window

About This Home

As of June 2020

Please find information below and pictures attached for our Lexington B style home which is 2228 square feet above grade, and 9' framed wall on first floor with plaster walls. This house plan incorporates hardwoods on the entire main living level, tile in the full baths and laundry, and carpet throughout remaining areas. Fairfield cabinets by Timberlake in the kitchen and the bathrooms. The kitchen counter tops are luxurious granite and the bathrooms are cultured marble. 1-piece crown molding can be found in the dining room and master bedroom, as well as chair rail with picture frame trim in the dining room. The exterior finish consist of brick, siding, and architectural shingles.

Last Agent to Sell the Property

Robert Fralin

R FRALIN & ASSOCIATES INC License #0225061644 Listed on: 02/21/2020

Last Buyer's Agent

Jen Koll

BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN License #0225213334

BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,657

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 9,148

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • Bay Window

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

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

Additional Features

  • Deck
  • 9,148 Sq Ft Lot
  • Heat Pump System

Community Details

  • Edgemere Homeowners' Association, Inc Association
  • The Village At North Mill Subdivision

Listing and Financial Details

  • Tax Lot 44

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,657

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Interior Features: Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric
  • Cooling System: Heat Pump Electric
  • Outside Features: Bay Window, Deck, Paved Driveway
  • BedroomsBRUpperLevel: 4
  • EntryAboveGrdFin Sq Ft: 958.00
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 2200
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryUpperLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Phone Email: hoa@frecorp.com
  • P O A Condo Contact Name: Edgemere Homeowners' Association, Inc
  • POACondoDues: 200.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2020-04-28
  • Residential Type: Detached
  • Style Of House: Colonial
  • Total Above Grd Fin S Q F T: 2200
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2200.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 1242.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: New Construction

Schools

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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.21
  • Lot: 44

Building Info

  • Year Built: 2020

Tax Info

  • Taxes (6 mo): 3657.41
  • FILLTAXID: 29-3-6

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
Feb 21, 2020
Closed on
Jun 19, 2020
Sold by
R Fralin Construction Inc
Bought by
Bell John T and Bell Amanda D
Seller's Agent
Robert Fralin
R FRALIN & ASSOCIATES INC
Buyer's Agent
Jen Koll
BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN
List Price
$299,950
Sold Price
$307,725
Premium/Discount to List
$7,775
2.59%
Current Estimated Value
$441,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,451
Avg. Annual Appreciation
6.93%
Original Mortgage
$292,330
Outstanding Balance
$259,700
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$177,798

Purchase Details

Closed on
Nov 4, 2019
Sold by
Fc Land Llc
Bought by
R Fralin Construction Inc
Source: Public Records

Range of Values:

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
Bell John T $307,725 None Available
R Fralin Construction Inc $60,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Amanda D $120,300
Closed Bell John T $76,000
Open Bell John T $292,330
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $307,725 +2.6% $140 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $299,950 -- $136 / 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 $2,408 $408,100 $46,700 $361,400
2024 $2,329 $388,100 $45,100 $343,000
2023 $4,346 $362,200 $42,500 $319,700
2022 $3,607 $300,600 $36,100 $264,500
2021 $3,540 $295,000 $34,500 $260,500
2020 $3,468 $289,000 $34,500 $254,500
2019 $414 $34,500 $34,500 $0
2018 $407 $34,500 $34,500 $0
2017 $407 $34,500 $34,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 867053

Roanoke Valley Association of REALTORS®

APN: 29-3-6