NOT LISTED FOR SALE

3085 Franklin St Salem, VA 24153

Estimated Value: $444,585 - $557,000

4 Beds
2.5 Baths
2,137 Sq Ft
$237/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $350,000 $164 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,982/month

18 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Breakfast Area or Nook
  • Oak Grove Elementary School Rated A-
  • No HOA
  • Fenced Yard

About This Home

As of November 2020

This beautiful newly built 2015 home sits in a very quiet neighborhood next to a nature preserve (no neighbors on left) with large new fenced in well kept backyard, quick access to Salem City and is in The Hidden Valley school district! Includes beautiful kitchen with updated light fixtures, nice sized island, granite, 9ft ceiling on main, beautiful hardwoods, ceramic tile, large master suite with tub, tiled shower, double sinks, large walk-in closet. Upgrades include a new tankless hot water system & water softener system, new firepit, large new shed, serene wooded lot that extends past the babbling creek, newly extended deck perfect for grilling, paver patio, pallet bar, vegetable garden, huge 3 car garage, relaxing porch, stamped concrete paved driveway and more! The Experience is Real

Last Agent to Sell the Property

Frazier Hughes

WALKER REAL ESTATE SOLUTIONS License #0225239733 Listed on: 09/15/2020

Last Buyer's Agent

Rob Robinson

RE/MAX REAL ESTATE ONE License #0225066830

RE/MAX REAL ESTATE ONE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,854

Year Built

  • Built in 2015

Lot Details

  • 0.66 Acre Lot
  • Fenced Yard
  • Level Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,137 Sq Ft Home
  • 2-Story Property
  • Laundry on main level
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Shed
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Fairway Forest Subdivision

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,854

Year Built

Built in 2015

Lot Details

0.66 Acres

Listing Details

  • Interior Features: Breakfast Area, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Major Appliances: Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Other - See Remarks, Range Electric, Refrigerator
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Deck, Fenced Yard, Other - See Remarks, Paved Driveway, Storage Shed
  • Views: Sunrise, Sunset
  • EntryAboveGrdFin Sq Ft: 937.00
  • HalfBathsHalfBathsOtherLvl: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Attached
  • Style Of House: 2 Story, Colonial
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 2137
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2137.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 1200.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Underground Util

Lot Info

  • Lot Description: Gentle Slope, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.66
  • Lot: 1

Building Info

  • Year Built: 2015

Tax Info

  • Taxes (6 mo): 2853.62

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
Sep 15, 2020
Closed on
Nov 16, 2020
Sold by
Kane Jamie and Kane Amber L
Bought by
Bright Douglas W and Bright Tracey S
Seller's Agent
Frazier Hughes
WALKER REAL ESTATE SOLUTIONS
Buyer's Agent
Rob Robinson
RE/MAX REAL ESTATE ONE
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$505,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,646
Avg. Annual Appreciation
7.15%
Original Mortgage
$339,500
Outstanding Balance
$302,107
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$203,539
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
Bright Douglas W $350,000 Performance Title & Setmnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bright Douglas W $339,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2020 11/17/20 Sold $350,000 0.0% $164 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $349,900 +39.7% $164 / Sq Ft
10/30/2015 10/30/15 Sold $250,538 -3.6% $118 / Sq Ft View Prior Sale
07/14/2015 07/14/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $259,900 -- $122 / 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 $4,214 $409,100 $60,000 $349,100
2024 $4,149 $398,900 $60,000 $338,900
2023 $3,951 $372,700 $60,000 $312,700
2022 $3,661 $335,900 $50,000 $285,900
2021 $3,380 $310,100 $45,000 $265,100
2020 $2,910 $267,000 $40,000 $227,000
2019 $2,880 $264,200 $40,000 $224,200
2018 $2,821 $261,800 $40,000 $221,800
2017 $2,821 $258,800 $40,000 $218,800
2016 $2,815 $258,300 $40,000 $218,300
2015 $1,363 $32,000 $32,000 $0
2014 $218 $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Frazier Hughes

    Seller's Agent in 2020

    Frazier Hughes

    WALKER REAL ESTATE SOLUTIONS

    (540) 314-5583

    229 Total Sales

    Frazier Hughes
    Section Image
  • Rob Robinson

    Buyer's Agent in 2020

    Rob Robinson

    RE/MAX

    (540) 520-3198

    69 Total Sales

    Rob Robinson
    Section Image
  • Thomas Fellers

    Seller's Agent in 2015

    Thomas Fellers

    MKB, REALTORS(r)

    (540) 632-3374

    210 Total Sales

    Thomas Fellers
    Section Image

  • T

    Buyer's Agent in 2015

    Trudy Fleming

    WAINWRIGHT & CO., REALTORS(r)

    (540) 761-4755

    8 Total Sales

    Trudy Fleming
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 873344

Roanoke Valley Association of REALTORS®

APN: 066.02-02-06

Virginia Roanoke County Salem 24153

3085 Franklin St, Salem, VA

Not Listed for Sale

Detached

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