NOT LISTED FOR SALE

500 James St Salem, VA 24153

Salem Area

Estimated Value: $706,383 - $798,000

4 Beds
4.5 Baths
4,006 Sq Ft
$189/Sq Ft Est. Value

Sale Details

Date Sold: May 7, 2021

Last sale price $545,000 $136 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,476 / mo

1 Day on Market

Highlights

  • Colonial Architecture
  • Secluded Lot
  • Sun or Florida Room
  • Deck
  • Whirlpool Bathtub
  • No HOA

About This Home

As of May 2021

Desirable Langhorne Place community. Walking distance to Farmer's Market and all Downtown Salem amenities. Home built in 2003 with spectacular sunroom addition and backyard privacy. Quality finishes throughout. Shows like a model home. Lots of hardwood flooring, oversized moldings, etc. Great master suite with luxurious bath. Finished walkout lower level to manicured backyard with great plantings. Three HVAC zones, Generac generator. Virtual tour: http://veewme.com/ub/167083

Last Agent to Sell the Property

Timothy Toohig

RE/MAX ALL POINTS License #0225002420 Listed on: 03/08/2021

RE/MAX ALL POINTS

Last Buyer's Agent

Kimberly Payne

MKB, REALTORS(r) License #0225057787

MKB, REALTORS(r)

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,922

Year Built

  • Built in 2003

Lot Details

  • 13,068 Sq Ft Lot
  • Cul-De-Sac
  • Secluded Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Family Room with Fireplace
  • Sun or Florida Room
  • Storage
  • Alarm System

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Front Porch

Schools

  • G. W. Carver Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Power Generator
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot A

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,922

Year Built

Built in 2003

Lot Details

0.3 Acres

Listing Details

  • Interior Features: Alarm, Breakfast Area, Storage, Whirlpool Bath
  • Heating System: Forced Air Gas, Heat Pump Electric
  • Fireplace(s): Family Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Garage Door Opener, Generator, Microwave Oven (Built In)
  • Cooling System: Central Cooling
  • Outside Features: Deck, Sunroom
  • EntryAboveGrdFin Sq Ft: 1645.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Comcast
  • LaundryLaundryUpperLevel: 1
  • LowerBelowGrdFin Sq Ft: 1000.00
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Colonial
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 3006
  • TotalBdrm: 4
  • TotalBths: 4.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 4
  • Total Finished Sq Ft: 4006.00
  • TotalHBaths: 1
  • UncoveredNumberSpaces: 2.00
  • UpperAboveGrdFin Sq Ft: 1361.00
  • 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

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Cul-de-sac

Lot Info

  • Lot Description: Secluded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.30
  • Lot: A

Building Info

  • Year Built: 2003

Tax Info

  • Taxes (6 mo): 5922.00

MLS Schools

  • Elementary School: G. W. Carver
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
May 6, 2021
Sold by
Bought by
Seller's Agent
Timothy Toohig
RE/MAX ALL POINTS
Buyer's Agent
Kimberly Payne
MKB, REALTORS(r)
List Price
$539,950
Sold Price
$545,000
Premium/Discount to List
$5,050
0.94%
Current Estimated Value
$759,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,096
Avg. Annual Appreciation
6.46%
Original Mortgage
$517,750
Outstanding Balance
$460,129
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$298,967
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Salem, VA

  • Alex Taylor Real Estate Agent - MAC WESTLAND REAL ESTATE GROUP

    Alex Taylor

    MAC WESTLAND REAL ESTATE GROUP

    (540) 792-3330

    129 Total Sales

    3 in Salem

    $156K - $235K Price Range

    Alex Taylor
     Section Image
  • Steven Lee Real Estate Agent - RED KEY REALTY INC

    Steven Lee

    RED KEY REALTY INC

    (540) 900-3554

    59 Total Sales

    2 in Salem

    $215K - $320K Price Range

    Steven Lee
     Section Image
  • Pam Smith Real Estate Agent - MKB, REALTORS(r)

    Pam Smith

    MKB, REALTORS(r)

    (540) 666-6751

    44 Total Sales

    1 in Salem

    $190,000 Price

    Pam Smith
     Section Image
  • John Smith Real Estate Agent - WEST LAKE REAL ESTATE

    John Smith

    WEST LAKE REAL ESTATE

    (540) 632-4137

    90 Total Sales

    7 in Salem

    $170K - $341K Price Range

    John Smith
     Section Image
  • Charlene Jones Real Estate Agent - Re/Max Lakefront Realty

    Charlene Jones

    Re/Max Lakefront Realty

    (540) 698-4928

    182 Total Sales

    1 in Salem

    $179,000 Price

    Charlene Jones
     Section Image
  • Lisa Frontus Real Estate Agent - REAL BROKER LLC - MCLEAN

    Lisa Frontus

    REAL BROKER LLC - MCLEAN

    (540) 900-0815

    40 Total Sales

    1 in Salem

    $189,000 Price

    Lisa Frontus
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$545,000 First Choice Title & Setmnt
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $517,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $545,000 +0.9% $136 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $539,950 -- $135 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,641 $617,100 $78,300 $538,800
2024 $3,493 $582,200 $76,500 $505,700
2023 $6,547 $545,600 $70,600 $475,000
2022 $6,248 $520,700 $67,600 $453,100
2021 $5,922 $493,500 $64,800 $428,700
2020 $5,838 $486,500 $61,800 $424,700
2019 $5,257 $438,100 $56,500 $381,600
2018 $5,104 $432,500 $50,900 $381,600
2017 $5,047 $427,700 $50,900 $376,800
2016 $5,047 $427,700 $50,900 $376,800
2015 $4,912 $416,300 $51,000 $365,300
2014 $4,912 $416,300 $51,000 $365,300
Source: Public Records

Agents Affiliated with this Home

  • Timothy Toohig Real Estate Agent - RE/MAX

    Seller's Agent in 2021

    Timothy Toohig

    RE/MAX

    (540) 330-8300

    278 Total Sales

    Timothy Toohig
    Section Image
  • Kimberly Payne Real Estate Agent - MKB, REALTORS(r)

    Buyer's Agent in 2021

    Kimberly Payne

    MKB, REALTORS(r)

    (540) 589-3991

    80 Total Sales

    Kimberly Payne
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 877564

Roanoke Valley Association of REALTORS®

APN: 105-2-8

Virginia Salem City County Salem 24153

500 James St, Salem, VA

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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