NOT LISTED FOR SALE

427 N Bruffey St Salem, VA 24153

Estimated Value: $279,000 - $314,000

4 Beds
2 Baths
1,620 Sq Ft
$181/Sq Ft Est. Value

Last Sold July 30, 2015

Last sale price $145,000 $90 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,674/month

10 Days on Market

Highlights

  • No HOA
  • Breakfast Area or Nook
  • Forced Air Heating System
  • Salem High School Rated A-
  • Property is near schools

About This Home

As of July 2015

Great duplex for owner occupant. Downstairs apartment is vacant. Downstairs apartment has been completely remodeled. New paint, New kitchen cabinets, ceramic tile in kitchen and bath floors are new. All new kitchen appliances. Hardwood floor have been refinished. Bathroom has ceramic tile tub & shower. New gas high efficiency with heat pump downstairs. Upstairs has a new split system heat pump.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,695

Year Built

  • Built in 1945

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 85 x 145

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,620 Sq Ft Home
  • Fireplace Features Masonry
  • Breakfast Area or Nook

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Off-Site Parking

Location

  • Property is near schools

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for air conditioning, deposit, electricity
  • Tax Lot New Lt 9A

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • Insurance Expense $511
  • Maintenance Expense $875
  • New Taxes Expense $1,695
  • Operating Expense $5,726
  • Gross Income $16,140
  • Net Operating Income $10,414

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,695

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Masonry Fireplace
  • Heating System: Forced Air Gas, Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Walkout - Full
  • Cooling System: Heat Pump Electric
  • ExpensesTaxExp: 1695.00
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Comcast
  • Major Area: 03 - City of Salem
  • MiscellaneousInfoPaidUtilities: Gas
  • MiscellaneousInfoPublicTransport: No
  • MiscellaneousInfoUpgrades: New HVAC Systems
  • NumberLeasedUnits: 1.00
  • NumberUnfurnished: 2.00
  • NumberVehicleSpaces: 2.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2015-06-05
  • SubdivisionMap: A.P. Bailey Map
  • TotalAnnualExpen: 5726.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Off Site

Utilities

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

Association/Amenities

  • Misc Features: Walk to School

Schools

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

Lot Info

  • Lot Dimensions: 85 x 145
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.28
  • Lot: New Lt 9A
  • Present Use: Converted

Building Info

  • Year Built: 1945

Tax Info

  • Taxes (6 mo): 1695.00
  • FILLTAXID: 102-2-6

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Air Conditioning, Deposit, Electricity
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2021
Sold by
Maina Julie S and Schlegel Julie
Bought by
Schlegel Julie
Current Estimated Value
$293,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Outstanding Balance
$82,137
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$216,326

Purchase Details

Closed on
Jan 26, 2021
Sold by
Schlegel Julie and Maina Julie S
Bought by
Schlegel Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Outstanding Balance
$82,137
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$216,326

Purchase Details

Closed on
Nov 13, 2018
Sold by
Maina Michael P and Maina Julie S
Bought by
Maina Julie S

Purchase Details

Listed on
May 26, 2015
Closed on
Jul 20, 2015
Sold by
L & F Associates Llc
Bought by
Maina Michael P and Maina Julie S
List Price
$159,950
Sold Price
$145,000
Premium/Discount to List
-$14,950
-9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$108,750
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Schlegel Julie -- Equity National Title
Schlegel Julie -- Equity National Title
Maina Julie S $11,795 Servicelink
Maina Michael P $145,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlegel Julie $92,700
Closed Schlegel Julie $92,700
Previous Owner Maina Michael P $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2015 07/30/15 Sold $145,000 -9.3% $90 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $159,950 -- $99 / 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 $1,433 $242,900 $49,100 $193,800
2024 $1,379 $229,900 $47,500 $182,400
2023 $2,458 $204,800 $44,900 $159,900
2022 $1,925 $160,400 $39,600 $120,800
2021 $1,873 $156,100 $37,000 $119,100
2020 $1,829 $152,400 $34,300 $118,100
2019 $1,829 $152,400 $34,300 $118,100
2018 $1,789 $151,600 $34,300 $117,300
2017 $1,755 $148,700 $34,300 $114,400
2016 $1,755 $148,700 $34,300 $114,400
2015 $848 $143,700 $36,000 $107,700
2014 $848 $143,700 $36,000 $107,700
Source: Public Records

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 815540

Roanoke Valley Association of REALTORS®

APN: 102-2-6

Virginia Salem City County Salem 24153

427 N Bruffey St, Salem, VA

This home is located at 427 N Bruffey St, Salem, VA 24153 since 26 May 2015 and is currently estimated at $293,209, approximately $180 per square foot. This property was built in 1945. 427 N Bruffey St is a home located in Salem City with nearby schools including West 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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