NOT LISTED FOR SALE

503 E Burwell St Salem, VA 24153

Estimated Value: $228,000 - $551,000

3 Beds
2.5 Baths
1,897 Sq Ft
$231/Sq Ft Est. Value

Last Sold June 02, 2020

Last sale price $365,720 $193 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,586/month

17 Days on Market

Highlights

  • Built in 2019 | Newly Remodeled
  • City View
  • Ranch Style House
  • G.W. Carver Elementary School Rated 9+
  • Great Room with Fireplace
  • Screened Porch

About This Home

As of June 2020

Salem City's newest subdivision with ONLY 7 homes is now under construction-within easy walking distance to dining, Farmer's Market and shopping in downtown area or accessing events and fitness trail in Longwood Park. Homes offer open floor plans with first floor master suites, garage, laundry and beautiful mountain views. But there's more...these homes offer high end finishes such as granite, hardwood floors finished on site, crown molding, ceramic tile bath, rear deck or screen porch with fireplace, finished-walk-out daylight basements with recreation room, additional guest bedrooms, bath and WALK IN STORAGE. These homes make downsizing an easy transition!

Last Agent to Sell the Property

Judy Simmers

RE/MAX ALL POINTS License #0225049122 Listed on: 09/20/2019

RE/MAX ALL POINTS

Last Buyer's Agent

Timothy Toohig

RE/MAX ALL POINTS License #0225002420

RE/MAX ALL POINTS

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $4,068

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • 4,356 Sq Ft Lot
  • Gentle Sloping Lot
  • Cleared Lot

HOA Fees

  • $140 Monthly HOA Fees

Property Views

  • City
  • Mountain

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Ranch Style House
  • Patio Home
  • Attached Home
  • Brick Exterior Construction
  • Hardboard

Interior Spaces

  • Gas Log Fireplace
  • Great Room with Fireplace
  • 2 Fireplaces
  • Screened Porch
  • Storage
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Assigned Parking

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot A1

Community Details

Overview

  • Henmark, Inc. Association

Amenities

  • Restaurant
  • Public Transportation

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$4,068

Year Built

Built in 2019 | Newly Remodeled

Lot Details

4,356 Sq Ft Lot

HOA Fees

$140 per month

Listing Details

  • Interior Features: Gas Log Fireplace, Storage, Walk-in-Closet
  • Heating System: Forced Air Gas
  • Fireplace(s): Great Room, Other - See Remarks
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Electric
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Patio, Paved Driveway, Screened Porch
  • Views: City, Mountain
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 1137.00
  • ExteriorDoors: Fiberglass, Full View
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 760.00
  • Major Area: 03 - City of Salem
  • NumberPrimCovSpaces: 2.00
  • Phone Email: 540-598-7635
  • P O A Condo Contact Name: Henmark, Inc.
  • POACondoDues: 140.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Attached
  • Style Of House: 1 Story, Patio, Ranch
  • SubagentAuthorized: No
  • SubdivisionMap: Burwell Point
  • Total Above Grd Fin S Q F T: 1137
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1897.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 690.00
  • Uncovered Parking: Designated Spaces
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 690.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: NewHome
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Maint-Free Exterior, New Construction, Paved Road, Underground Util

Lot Info

  • Lot Description: Cleared, Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.10
  • Lot: A1
  • ZoningCode: RMF

Building Info

  • Year Built: 2019

Tax Info

  • Taxes (6 mo): 4068.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2022
Sold by
Boucher William and Boucher Martha
Bought by
Wooldridge Thomas W and Wooldridge Rebecca D
Current Estimated Value
$437,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,400
Outstanding Balance
$381,971
Interest Rate
3.12%
Mortgage Type
VA
Estimated Equity
$55,769

Purchase Details

Listed on
Sep 20, 2019
Closed on
Jun 1, 2020
Sold by
Henmark Inc
Bought by
Boucher William and Boucher Martha
Seller's Agent
Judy Simmers
RE/MAX ALL POINTS
Buyer's Agent
Timothy Toohig
RE/MAX ALL POINTS
List Price
$344,750
Sold Price
$365,720
Premium/Discount to List
$20,970
6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wooldridge Thomas W $415,000 Old Republic National Title
Boucher William $344,750 Performance Title & Setmnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wooldridge Thomas W $414,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2020 06/02/20 Sold $365,720 +6.1% $193 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $344,750 -- $182 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $2,371 $401,800 $84,100 $317,700
2024 $2,268 $378,000 $77,600 $300,400
2023 $4,129 $344,100 $71,200 $272,900
2022 $3,800 $316,700 $51,800 $264,900
2021 $3,590 $299,200 $45,300 $253,900
2020 $3,376 $281,300 $45,300 $236,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 863414

Roanoke Valley Association of REALTORS®

APN: 120-2-2.1

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