NOT LISTED FOR SALE

500 Bonnie Ln Salem, VA 24153

Estimated Value: $362,000 - $386,000

3 Beds
2 Baths
1,792 Sq Ft
$206/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $280,000 $156 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,162/month

3 Days on Market

Highlights

  • City View
  • Family Room with Fireplace
  • No HOA
  • Salem High School Rated A-
  • Ranch Style House
  • Screened Porch

About This Home

As of June 2021

This home was remodeled down to the studs, with so many updates this is a must see. When the seller opened up the floor plan she had the contractor add an exposed beam for a classic touch. The kitchen has custom cabinets and granite countertops with pull out storage. The bathrooms are gorgeous and I think you will see the views from the screened in the porch really sets this Salem home apart from others. All information is deemed reliable but not guaranteed and should be verified by buyer or buyer's agent. Keys and possession to be given to buyer after recording.

Last Agent to Sell the Property

Christy Crouch

RE/MAX ALL POINTS License #0225020100 Listed on: 05/21/2021

RE/MAX ALL POINTS

Last Buyer's Agent

C. Lynn Childers

LICHTENSTEIN ROWAN, REALTORS(r) License #0225156108

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,214

Year Built

  • Built in 1979

Lot Details

  • 0.39 Acre Lot
  • Fenced Yard
  • Level Lot
  • Property is zoned RSF

Property Views

  • City
  • Mountain

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Fireplace Features Masonry
  • Drapes & Rods
  • Bay Window
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Screened Porch
  • Storage
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • 4 Open Parking Spaces
  • 1 Parking Space
  • Tuck Under Garage
  • Off-Street Parking

Outdoor Features

  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 10

Community Details

Overview

  • No Home Owners Association
  • Karen Hills Subdivision

Amenities

  • Restaurant
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,214

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Interior Features: All Drapes, Breakfast Area, Ceiling Fan, Fireplace Screen, Masonry Fireplace, Storage
  • Heating System: Forced Air Gas
  • Fireplace(s): Family Room, Living Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Bay Window, Covered Porch, Fenced Yard, Paved Driveway, Screened Porch, Storage Shed
  • Views: City, Mountain, Sunset
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1512.00
  • ExteriorDoors: Fiberglass
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 2700
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Xfinity
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 280.00
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • RatifiedContractDt: 2021-05-24
  • Residential Type: Detached
  • Style Of House: 1 Story, Ranch
  • SubagentAuthorized: No
  • SubdivisionMap: Karen Hills
  • Total Above Grd Fin S Q F T: 1512
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1792.00
  • TotalUnfin Sq Ft: 908.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 908.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior, Paved Road, Underground Util

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Level Lot
  • Lot Dimensions: 17098 sq ft
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.39
  • Lot: 7
  • ZoningCode: RSF

Building Info

  • Year Built: 1979

Tax Info

  • Taxes (6 mo): 2214.00
  • FILLTAXID: 236/6/12

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
May 21, 2021
Closed on
Jun 25, 2021
Sold by
Cecchini Deborah S
Bought by
Kress Andrew P and Kress Lauren E
Seller's Agent
Christy Crouch
RE/MAX ALL POINTS
Buyer's Agent
C. Lynn Childers
LICHTENSTEIN ROWAN, REALTORS(r)
List Price
$249,950
Sold Price
$280,000
Premium/Discount to List
$30,050
12.02%
Current Estimated Value
$369,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,931
Avg. Annual Appreciation
6.91%
Original Mortgage
$230,000
Outstanding Balance
$208,689
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$161,242

Purchase Details

Listed on
Feb 4, 2019
Closed on
Apr 17, 2019
Sold by
Collier Harry S and Harsh Marie E
Bought by
Cecchini Deborah S
Seller's Agent
William Jones
THE GOOD SIGN REAL ESTATE CO.
Buyer's Agent
William Jones
THE GOOD SIGN REAL ESTATE CO.
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.70%
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
Kress Andrew P $280,000 Performance Ttl & Setmnt Inc
Cecchini Deborah S $175,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kress Andrew P $230,000
Previous Owner Cecchini Deborah S $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $280,000 +12.0% $156 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $249,950 +42.8% $139 / Sq Ft
04/16/2019 04/16/19 Sold $175,000 -2.8% $83 / Sq Ft
03/26/2019 03/26/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $180,000 -- $85 / 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 $1,814 $307,400 $50,800 $256,600
2024 $1,686 $281,000 $48,200 $232,800
2023 $3,113 $259,400 $45,700 $213,700
2022 $2,857 $238,100 $40,600 $197,500
2021 $2,214 $184,500 $38,100 $146,400
2020 $2,168 $180,700 $38,100 $142,600
2019 $2,102 $175,200 $38,100 $137,100
2018 $2,052 $173,900 $38,100 $135,800
2017 $2,032 $172,200 $38,100 $134,100
2016 $2,032 $172,200 $38,100 $134,100
2015 $1,062 $180,000 $37,500 $142,500
2014 $1,062 $180,000 $37,500 $142,500
Source: Public Records

Agents Affiliated with this Home

  • Christy Crouch

    Seller's Agent in 2021

    Christy Crouch

    RE/MAX

    (540) 312-0085

    71 in this area

    552 Total Sales

    Christy Crouch
    Section Image

  • C

    Buyer's Agent in 2021

    C. Lynn Childers

    LICHTENSTEIN ROWAN, REALTORS(r)

    (540) 855-7654

    4 in this area

    60 Total Sales

    C. Lynn Childers
    Section Image

  • W

    Seller's Agent in 2019

    William Jones

    THE GOOD SIGN REAL ESTATE CO.

    (540) 330-7737

    28 in this area

    50 Total Sales

    William Jones
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 880071

Roanoke Valley Association of REALTORS®

APN: 236-6-12

Virginia Salem City County Salem 24153

500 Bonnie Ln, Salem, VA

This home is located at 500 Bonnie Ln, Salem, VA 24153 since 21 May 2021 and is currently estimated at $369,931, approximately $206 per square foot. This property was built in 1979. 500 Bonnie Ln 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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