NOT LISTED FOR SALE

2409 Olde Salem Dr Salem, VA 24153

Estimated Value: $464,318 - $497,000

4 Beds
3.5 Baths
3,672 Sq Ft
$131/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $363,000 $99 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,844/month

4 Days on Market

Highlights

  • Family Room with Fireplace
  • No HOA
  • Cul-De-Sac
  • Sun or Florida Room
  • Fenced Yard
  • In-Law or Guest Suite

About This Home

As of December 2021

Beautiful two story home in the heart of Salem. Large kitchen with granite counter tops, stainless steel appliances, and a walkout sunroom off the fenced in back yard. Floors offer a mix of hardwoods, carpet, and ceramic tile. Huge great room is perfect for entertaining the whole family. Non-conforming bedroom and office in newly finished basement offer full bath and walk-in closet. New heat pump & water heater installed 2021. Come see this one before it's gone!

Last Agent to Sell the Property

Cody Journell

HAVEN, REALTORS(r) License #0225239122 Listed on: 10/27/2021

Last Buyer's Agent

Joan Mullins

CHASE, REALTORS(r) License #0225057929

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,042

Year Built

  • Built in 1994

Lot Details

  • 17,424 Sq Ft Lot
  • Cul-De-Sac
  • Fenced Yard
  • Cleared Lot
  • Garden

Home Design

  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Sun or Florida Room
  • Storage
  • Property Views
  • Basement

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • In-Law or Guest Suite

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Tuck Under Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Olde Salem Estates Subdivision

Listing and Financial Details

  • Tax Lot 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,042

Year Built

Built in 1994

Lot Details

0.4 Acres

Listing Details

  • Interior Features: Ceiling Fan(s), Security System, Storage, Walk-In Closet(s)
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room, Gas Log, Living Room, Masonry, Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial
  • 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: Fenced Yard, Garden Space, Patio, Paved Driveway, Sunroom
  • Views: Sunrise, Sunset
  • BedroomsBREntryLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1420.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 1420.00
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 2252
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3672.00
  • TotalHBaths: 1
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Other
  • UpperAboveGrdFin Sq Ft: 832.00
  • 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: Covered Porch, Screened Porch

Utilities

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

Association/Amenities

  • Misc Features: Cul-De-Sac, In-Law Quarters, Paved Road, Underground Util

Lot Info

  • Lot Description: Cleared, Gentle Sloping
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.40
  • Lot: 7

Building Info

  • Year Built: 1994

Tax Info

  • Taxes (6 mo): 3042.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Nov 23, 2021
Sold by
Ruble Alexander M and Ruble Ashely P
Bought by
Ellis Joseph I and Ellis Lauren M
Seller's Agent
Cody Journell
HAVEN, REALTORS(r)
Buyer's Agent
Joan Mullins
CHASE, REALTORS(r)
List Price
$358,000
Sold Price
$363,000
Premium/Discount to List
$5,000
1.4%
Current Estimated Value
$497,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,113
Avg. Annual Appreciation
6.83%
Original Mortgage
$356,915
Outstanding Balance
$327,727
Interest Rate
3.14%
Mortgage Type
FHA
Estimated Equity
$153,853

Purchase Details

Listed on
Apr 1, 2016
Closed on
Jul 22, 2016
Sold by
Breedlove William A and Breedlove Ellen V
Bought by
Ruble Alexander M and Ruble Ashley P
Buyer's Agent
SEAN P TURK
RE/MAX ALL STARS
List Price
$275,950
Sold Price
$273,000
Premium/Discount to List
-$2,950
-1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$282,009
Interest Rate
3.56%
Mortgage Type
VA
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
Ellis Joseph I $363,500 Accommodation
Ruble Alexander M $273,000 First Choice Title & Settlem
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Joseph I $356,915
Previous Owner Ruble Alexander M $282,009
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2021 12/14/21 Sold $363,000 +1.4% $99 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $358,000 +31.1% $97 / Sq Ft
08/04/2016 08/04/16 Sold $273,000 -1.1% $74 / Sq Ft View Prior Sale
06/15/2016 06/15/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $275,950 -- $75 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $2,259 $382,900 $50,800 $332,100
2024 $2,163 $360,500 $48,200 $312,300
2023 $4,068 $339,000 $45,700 $293,300
2022 $3,797 $316,400 $40,600 $275,800
2021 $3,463 $288,600 $38,100 $250,500
2020 $3,343 $278,600 $38,100 $240,500
2019 $3,290 $274,200 $38,100 $236,100
2018 $3,212 $272,200 $38,100 $234,100
2017 $3,179 $269,400 $38,100 $231,300
2016 $3,042 $257,800 $38,100 $219,700
2015 $3,020 $255,900 $37,500 $218,400
2014 $3,020 $255,900 $37,500 $218,400
Source: Public Records

Agents Affiliated with this Home

  • Cody Journell

    Seller's Agent in 2021

    Cody Journell

    HAVEN, REALTORS(r)

    (540) 589-7480

    3 in this area

    119 Total Sales

    Cody Journell
    Section Image

  • J

    Buyer's Agent in 2021

    Joan Mullins

    CHASE, REALTORS(r)

    (540) 904-5577

    3 in this area

    22 Total Sales

    Joan Mullins
    Section Image
  • SEAN P TURK

    Buyer's Agent in 2016

    SEAN P TURK

    RE/MAX

    (540) 992-2525

    20 in this area

    67 Total Sales

    SEAN P TURK
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 884929

Roanoke Valley Association of REALTORS®

APN: 242-9-7

Virginia Salem City County Salem 24153

2409 Olde Salem 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
Your Personal Tour Guide

Ask me questions while you tour the home.