NOT LISTED FOR SALE

228 Edgemont Dr Salem, VA 24153

Estimated Value: $442,097 - $475,000

4 Beds
2.5 Baths
2,131 Sq Ft
$217/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $324,172 $152 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,625/month

132 Days on Market

Highlights

  • Deck
  • Attached Garage
  • Under Construction
  • G.W. Carver Elementary School Rated 9+
  • Walk-In Closet

About This Home

As of January 2021

For Comp Purposes Only

Last Agent to Sell the Property

Robert Fralin

R FRALIN & ASSOCIATES INC License #0225061644 Listed on: 07/01/2020

Last Buyer's Agent

Monica Nicely

KELLER WILLIAMS REALTY ROANOKE License #0225222638

KELLER WILLIAMS REALTY ROANOKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,862

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 9,583

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,131 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Schools

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

Additional Features

  • Deck
  • 9,583 Sq Ft Lot
  • Heat Pump System

Community Details

  • Hoa@Frecorp.Com Association
  • The Village At North Mill Subdivision

Listing and Financial Details

  • Tax Lot 45

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,862

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Interior Features: Other - See Remarks, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Dishwasher, Disposer, Microwave Oven (Built In), Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Paved Driveway
  • EntryAboveGrdFin Sq Ft: 945.00
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryUpperLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • Phone Email: hoa@frecorp.com
  • P O A Condo Contact Name: hoa@frecorp.com
  • POACondoDues: 200.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 2131
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2131.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 1186.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.22
  • Lot: 45

Building Info

  • Year Built: 2021

Tax Info

  • Taxes (6 mo): 3861.84

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
Jul 1, 2020
Closed on
Dec 21, 2020
Sold by
R Fralin Construction Inc
Bought by
Clemo Jonathan and Clemo Lindsey
Seller's Agent
Robert Fralin
R FRALIN & ASSOCIATES INC
Buyer's Agent
Monica Nicely
KELLER WILLIAMS REALTY ROANOKE
List Price
$321,820
Sold Price
$324,172
Premium/Discount to List
$2,352
0.73%
Current Estimated Value
$462,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,852
Avg. Annual Appreciation
7.36%
Original Mortgage
$307,964
Outstanding Balance
$274,229
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$187,795
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
Clemo Jonathan $324,172 Priority Title & Settlement
R Fralin Construction Inc $60,000 Acquisition Title & Setmnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clemo Jonathan $307,964
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2021 01/21/21 Sold $324,172 +0.7% $152 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $321,820 -- $151 / 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 $2,597 $440,100 $48,300 $391,800
2024 $2,497 $416,200 $46,600 $369,600
2023 $4,699 $391,600 $43,900 $347,700
2022 $3,898 $324,800 $37,300 $287,500
2021 $3,466 $288,800 $35,600 $253,200
2020 $427 $35,600 $35,600 $0
2019 $427 $35,600 $35,600 $0
2018 $420 $35,600 $35,600 $0
2017 $420 $35,600 $35,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Fralin

    Seller's Agent in 2021

    Robert Fralin

    R FRALIN & ASSOCIATES INC

    (540) 761-6371

    18 in this area

    276 Total Sales

    Robert Fralin
    Section Image
  • Monica Nicely

    Buyer's Agent in 2021

    Monica Nicely

    KELLER WILLIAMS REALTY ROANOKE

    (540) 353-0100

    13 in this area

    123 Total Sales

    Monica Nicely
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 870868

Roanoke Valley Association of REALTORS®

APN: 29-3-7

Virginia Salem City County Salem 24153

228 Edgemont Dr, Salem, VA

Not Listed for Sale

Detached

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