NOT LISTED FOR SALE

228 Edgemont Dr Salem, VA 24153

Estimated Value: $446,334 - $513,000

4 Beds
3 Baths
2,131 Sq Ft
$222/Sq Ft Est. Value

Sale Details

Date Sold: January 21, 2021

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

Est. 41% increase in value since last sale

Current estimated payment $2,665 / mo

About This Home

This home is located at 228 Edgemont Dr, Salem, VA 24153 and is currently estimated at $473,334, approximately $222 per square foot. 228 Edgemont Dr is a home located in Salem City with nearby schools including G.W. Carver Elementary School, Andrew Lewis Middle School, and Salem High School.

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
$458,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,405
Avg. Annual Appreciation
7.40%
Original Mortgage
$307,964
Outstanding Balance
$274,229
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$199,105
Source: Public Records

Range of Values:

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

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ICE

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First American

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Quantarium

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Average Value
Not Available
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 Prior Sale
01/21/2021 01/21/21 Sold $324,172 +0.7% $152 / Sq Ft View Prior Sale
11/10/2020 11/10/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $321,820 -- $151 / Sq Ft

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

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