NOT LISTED FOR SALE

3075 Franklin St Salem, VA 24153

Estimated Value: $521,000 - $639,000

4 Beds
3 Baths
2,401 Sq Ft
$239/Sq Ft Est. Value

Last Sold January 13, 2020

Last sale price $365,000 $152 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,396/month

6 Days on Market

Highlights

  • Cathedral Ceiling
  • No HOA
  • Fenced Yard
  • Oak Grove Elementary School Rated A-
  • Covered Patio or Porch
  • Walk-In Closet

About This Home

As of January 2020

Welcome to 3075 Franklin St. Constructed in 2016, this 1.5 story home offers 4 bedrooms and 3 full bathrooms within over 2,400 square feet of living space. An inviting covered front porch immediately welcomes family and friends before entering into a open concept living space with modern design & finishes. A stone gas log fireplace is sure to become a focal point within the great room with vaulted ceilings. Enjoy a well appointed kitchen with granite counters, breakfast bar, and stainless steel appliances. Continue from the kitchen into a formal dining room with bay window. A private master bedroom is thoughtfully placed at the back of the home & offers tray ceilings, two walk in closets, double vanity sink, and spacious tile shower. Let's continue down the hall and discover..

Last Agent to Sell the Property

Joe Kraft

LICHTENSTEIN ROWAN, REALTORS(r) License #0225180222 Listed on: 11/20/2019

LICHTENSTEIN ROWAN, REALTORS(r)

Co-Listed By

Steve Eller

LICHTENSTEIN ROWAN, REALTORS(r) License #0225217181

Last Buyer's Agent

Ashley Ramsey

REAL BROKER LLC - MCLEAN License #0225209735

REAL BROKER LLC - MCLEAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,477

Year Built

  • Built in 2016

Lot Details

  • 0.61 Acre Lot
  • Fenced Yard
  • Level Lot

Parking

  • Attached Carport

Home Design

  • Slab Foundation
  • Stone Siding

Interior Spaces

  • 2,401 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • French Doors
  • Sliding Doors
  • Great Room with Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Oak Grove Elementary School
  • Hidden Valley Middle School
  • Hidden Valley High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Fairway Forest Subdivision

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,477

Year Built

Built in 2016

Lot Details

0.61 Acres

Listing Details

  • Interior Features: Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Fenced Yard, Paved Driveway
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1853.00
  • ExteriorDoors: French, Sliding
  • Fireplace Number Fireplaces: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Attached
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 2401
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2401.00
  • UpperAboveGrdFin Sq Ft: 548.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Maint-Free Exterior

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.61
  • Lot: 2

Building Info

  • Year Built: 2016

Tax Info

  • Taxes (6 mo): 3477.00

MLS Schools

  • Elementary School: Oak Grove
  • HighSchool: Hidden Valley
  • Middle School: Hidden Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2019
Closed on
Dec 30, 2019
Sold by
Ramey Jordan Lee and Ramey Jennifer Marie
Bought by
Doceti Alfred J and Doceti Adrienne N
Seller's Agent
Joe Kraft
LICHTENSTEIN ROWAN, REALTORS(r)
Buyer's Agent
Ashley Ramsey
REAL BROKER LLC - MCLEAN
List Price
$367,950
Sold Price
$365,000
Premium/Discount to List
-$2,950
-0.8%
Current Estimated Value
$572,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,999
Avg. Annual Appreciation
7.57%
Original Mortgage
$312,000
Outstanding Balance
$275,664
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$297,335

Purchase Details

Listed on
Jun 21, 2016
Closed on
Sep 29, 2016
Sold by
R Fralin Construction Inc
Bought by
Ramey Jordan Lee and Ramey Jennifer Marie
Seller's Agent
Thomas Fellers
MKB, REALTORS(r)
Buyer's Agent
Steve Eller
LICHTENSTEIN ROWAN, REALTORS(r)
List Price
$304,900
Sold Price
$304,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$289,655
Interest Rate
3.43%
Mortgage Type
New Conventional
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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Purchase History

Date Buyer Sale Price Title Company
Doceti Alfred J $365,000 Priority Title & Setmnt Llc
Ramey Jordan Lee $304,900 Mid States Title
R Fralin Contruction Inc $50,000 Acquisition Title & Settleme
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doceti Alfred J $312,000
Previous Owner Ramey Jordan Lee $289,655
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2020 01/13/20 Sold $365,000 -0.8% $152 / Sq Ft
11/26/2019 11/26/19 Pending -- -- --
11/20/2019 11/20/19 For Sale $367,950 +20.7% $153 / Sq Ft
09/29/2016 09/29/16 Sold $304,900 0.0% $127 / Sq Ft View Prior Sale
07/14/2016 07/14/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $304,900 -- $127 / 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 $4,972 $482,700 $60,000 $422,700
2024 $4,894 $470,600 $60,000 $410,600
2023 $4,654 $439,100 $60,000 $379,100
2022 $4,326 $396,900 $50,000 $346,900
2021 $3,999 $366,900 $45,000 $321,900
2020 $3,738 $342,900 $40,000 $302,900
2019 $3,477 $319,000 $40,000 $279,000
2018 $3,304 $311,500 $40,000 $271,500
2017 $3,304 $303,100 $40,000 $263,100
2016 $349 $32,000 $32,000 $0
2015 $349 $32,000 $32,000 $0
2014 $349 $32,000 $32,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 865009

Roanoke Valley Association of REALTORS®

APN: 066.02-02-05

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