NOT LISTED FOR SALE

407 Bowman Ave Unit 409 Salem, VA 24153

Estimated Value: $192,000 - $229,000

2 Beds
1 Bath
845 Sq Ft
$255/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $164,950 $195 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,241/month

2 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Covered Patio or Porch
  • Salem High School Rated A-
  • No HOA
  • Fenced Yard

About This Home

As of September 2020

Two for the price of one! Main house has all one level living. Hardwood floors in living room and bedrooms. Huge mud room/laundry room. Covered back deck and fenced backyard. Replacement windows. Range/oven, refrigerator, dishwasher, and washer and dryer. Rented for $795 monthly. Carriage House - recently gutted and remodeled including new heat and AC. Fabulous kitchen plus living room, bedroom and bath. 500 sq. ft. includes range/oven, dishwasher, and refrigerator. Roof on both houses replaced in last 5 years. Storage building is divided in half for use when you have tenants in both. Seller is currently paying $482 yearly for flood insurance. Two separate electrical meters. 1 water meter. All appliances currently working but in as-is condition .

Last Agent to Sell the Property

TERESA E FANT

MKB, REALTORS(r) - SALEM License #0225172758 Listed on: 09/03/2020

Last Buyer's Agent

Angel Lane

WAINWRIGHT & CO., REALTORS(r) License #0225096830

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,662

Year Built

  • Built in 1955

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced Yard
  • Level Lot

Home Design

  • Ranch Style House

Interior Spaces

  • 845 Sq Ft Home
  • Crawl Space

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 25-27

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,662

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Dishwasher, Range Electric, Range Hood, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Deck, Fenced Yard, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 845.00
  • ExteriorDoors: Wood
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 845
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2020-09-05
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Salem Development
  • Total Above Grd Fin S Q F T: 845
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 845.00
  • 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: Front Porch, Rear Porch

Utilities

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

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.22
  • Lot: 25-27

Building Info

  • Year Built: 1955

Tax Info

  • Taxes (6 mo): 1662.00
  • FILLTAXID: 216-1-11

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
Sep 3, 2020
Closed on
Sep 23, 2020
Sold by
Pollard Richard H and Pollard Rebecca F
Bought by
407 Bowman Llc
Seller's Agent
TERESA E FANT
MKB, REALTORS(r) - SALEM
Buyer's Agent
Angel Lane
WAINWRIGHT & CO., REALTORS(r)
List Price
$164,950
Sold Price
$164,950
Current Estimated Value
$215,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,220
Avg. Annual Appreciation
6.33%

Purchase Details

Closed on
Aug 29, 2005
Sold by
Pilling G Deane
Bought by
Pollard Richard H and Pollard Rebecca F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,960
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
407 Bowman Llc $164,950 Sage Title Group
Pollard Richard H $124,950 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pollard Richard H $99,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $164,950 0.0% $195 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $164,950 -- $195 / 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 $1,211 $205,200 $38,500 $166,700
2024 $1,127 $187,900 $36,800 $151,100
2023 $2,022 $168,500 $33,900 $134,600
2022 $1,860 $155,000 $29,400 $125,600
2021 $1,744 $145,300 $27,900 $117,400
2020 $1,718 $143,200 $27,900 $115,300
2019 $1,610 $134,200 $27,900 $106,300
2018 $1,460 $123,700 $27,900 $95,800
2017 $1,444 $122,400 $27,900 $94,500
2016 $1,345 $114,000 $27,900 $86,100
2015 $1,324 $112,200 $28,000 $84,200
2014 $1,324 $112,200 $28,000 $84,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    TERESA E FANT

    MKB, REALTORS(r) - SALEM

    (540) 375-9000

    18 in this area

    37 Total Sales

    TERESA E FANT
    Section Image

  • A

    Buyer's Agent in 2020

    Angel Lane

    WAINWRIGHT & CO., REALTORS(r)

    (540) 915-1416

    27 in this area

    148 Total Sales

    Angel Lane
    Section Image
  • Lori Mccarren

    Buyer Co-Listing Agent in 2020

    Lori Mccarren

    WAINWRIGHT & CO., REALTORS(r)

    (540) 819-7388

    23 in this area

    138 Total Sales

    Lori Mccarren
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 873003

Roanoke Valley Association of REALTORS®

APN: 216-1-11

Virginia Salem City County Salem 24153

407 Bowman Ave Unit 409, Salem, VA

This home is located at 407 Bowman Ave Unit 409, Salem, VA 24153 since 03 September 2020 and is currently estimated at $215,170, approximately $254 per square foot. This property was built in 1955. 407 Bowman Ave Unit 409 is a home located in Salem City with nearby schools including South Salem Elementary School, Andrew Lewis Middle School, and Salem High School.

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.

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