NOT LISTED FOR SALE

500 Diamond Rd Salem, VA 24153

Estimated Value: $370,036 - $418,000

3 Beds
2 Baths
2,903 Sq Ft
$135/Sq Ft Est. Value

Last Sold November 04, 2020

Last sale price $289,000 $100 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,191/month

2 Days on Market

Highlights

  • Golf Course Community
  • Mountain View
  • Family Room with Fireplace
  • Spa
  • Deck
  • Ranch Style House

About This Home

As of November 2020

Beautifully updated 3-bedroom, 2-bath w/ 2 car garage ranch centrally located in the City of Salem with dedicated organic garden space, fenced in back yard, lots of room for entertainment inside and out that offers many updates/upgrades. Updates/upgrades: (09/2020) New Shower Glass in Master Bath, (09/2020) New 35-year Architectural roof with transferable warranty, (09/2020) Luxury Vinyl Plank in Kitchen, (09/2020) Insulated Storm Door @ Kitchen Entry, (2019) New stamped concrete front porch w/ brick surround, (2018) Basement completely Renovated with new walls, electrical and lighting, insulated HVAC duct work and flooring. (2017) New gas logs in basement, (2017) New 12'x14' Storage building on concrete piers. Come See What This Home Can Do For You!!!

Last Agent to Sell the Property

Shannon Hall

BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN License #0225223435 Listed on: 09/17/2020

BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN

Last Buyer's Agent

SHANNON HINES

WAINWRIGHT & CO., REALTORS(r) License #0225197656

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,352

Year Built

  • Built in 1970

Lot Details

  • 0.5 Acre Lot
  • Fenced Yard
  • Level Lot
  • Garden
  • Property is zoned RSF

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Flue
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Attic Fan
  • Storm Doors
  • Laundry on main level

Kitchen

  • 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
  • Fireplace in Basement

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2-13 / 3

Community Details

Overview

  • No Home Owners Association
  • Orchard Heights Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,352

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Flue Available, Gas Log Fireplace
  • Heating System: Forced Air Gas
  • Fireplace(s): Basement, Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Garage Door Opener, Microwave Oven (Built In), Range Electric
  • Cooling System: Central Cooling
  • Outside Features: Deck, Fenced Yard, Formal Garden, Hot Tub, Patio, Paved Driveway
  • Views: Mountain
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1903.00
  • ExteriorDoors: Insulated Storm, Metal
  • Fireplace Number Fireplaces: 2
  • Internet Access: Cable
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 1000.00
  • Major Area: 03 - City of Salem
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 576
  • PrimCoveredPrking: Garage Under
  • Residential Type: Detached
  • Style Of House: 1 Story, Ranch
  • SubdivisionMap: Orchard Heights
  • Total Above Grd Fin S Q F T: 1903
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2903.00
  • TotalUnfin Sq Ft: 576.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 576.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Paved Road

Green Features

  • Energy Features: Attic Fan

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.50
  • Lot: 2-13
  • ZoningCode: RSF

Building Info

  • Year Built: 1970

Tax Info

  • Taxes (6 mo): 2352.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Oct 26, 2020
Sold by
Hall Shannon B and Hall Amanda C
Bought by
Allen Bonnie E
Seller's Agent
Shannon Hall
BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN
Buyer's Agent
SHANNON HINES
WAINWRIGHT & CO., REALTORS(r)
List Price
$289,000
Sold Price
$289,000
Current Estimated Value
$391,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,509
Avg. Annual Appreciation
6.05%
Original Mortgage
$231,200
Outstanding Balance
$205,735
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$185,774

Purchase Details

Listed on
May 31, 2013
Closed on
Jul 10, 2013
Sold by
Vaughn Jason W and Vaughn Ginnie L
Bought by
Hall Shannon B and Hall Amanda C
Seller's Agent
Rhonda Spangler
RED KEY REALTY INC
Buyer's Agent
Fred Hall
BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN
List Price
$249,000
Sold Price
$234,500
Premium/Discount to List
-$14,500
-5.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$222,775
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2005
Sold by
Taylor Donald L and Taylor Susan C
Bought by
Vaughan Jason W and Vaughan Ginnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
5.78%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Allen Bonnie E $289,000 Sage Title Group
Hall Shannon B $234,500 First Choice Title & Settlem
Vaughan Jason W $169,950 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Bonnie E $231,200
Previous Owner Hall Shannon B $222,775
Previous Owner Vaughan Jason W $77,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2020 11/04/20 Sold $289,000 0.0% $100 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $289,000 +23.2% $100 / Sq Ft
07/30/2013 07/30/13 Sold $234,500 -5.8% $91 / Sq Ft View Prior Sale
06/24/2013 06/24/13 Pending -- -- --
05/31/2013 05/31/13 For Sale $249,000 -- $96 / 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 $1,749 $296,500 $52,900 $243,600
2024 $1,721 $286,900 $49,000 $237,900
2023 $3,072 $256,000 $44,700 $211,300
2022 $2,927 $243,900 $42,600 $201,300
2021 $2,611 $217,600 $40,500 $177,100
2020 $2,527 $210,600 $41,200 $169,400
2019 $2,482 $206,800 $41,200 $165,600
2018 $2,404 $203,700 $39,000 $164,700
2017 $2,338 $198,100 $39,000 $159,100
2016 $2,338 $198,100 $39,000 $159,100
2015 $2,325 $197,000 $43,100 $153,900
2014 $2,325 $197,000 $43,100 $153,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 873418

Roanoke Valley Association of REALTORS®

APN: 261-2-1