NOT LISTED FOR SALE

506 N Bruffey St Salem, VA 24153

Estimated Value: $160,000 - $203,000

2 Beds
1 Bath
825 Sq Ft
$220/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $130,000 $158 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,061/month

3 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Ceiling Fan
  • Salem High School Rated A-

About This Home

As of March 2023

New vinyl siding, New Windows, New Roof, New HVAC, New refinished hardwood floors. Property is updated and is a great buy. Right beside a school and would be great for a first time homeowner or investor.Realtor/Owner is a licensed real estate agent in the state of Virginia and has ownership interest in the property.

Last Agent to Sell the Property

Ben Johnson

MOUNTAIN CITY REALTY & AUCTION LLC License #0225193178 Listed on: 01/21/2023

Last Buyer's Agent

Barry Young

REAL BROKER LLC - MCLEAN License #0225250091

REAL BROKER LLC - MCLEAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1945

Lot Details

  • 7,405 Sq Ft Lot
  • Cleared Lot
  • Property is zoned RSF

Interior Spaces

  • 825 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Open Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Lake Spring Subdivision

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,100

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Cooling System: Heat Pump Electric
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 825.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1157
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2023-01-24
  • Residential Type: Detached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 825
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 825.00
  • TotalUnfin Sq Ft: 332.00
  • UncoveredNumberSpaces: 3.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 332.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Schools

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

Lot Info

  • Lot Description: Cleared
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.17
  • Lot: 2
  • ZoningCode: RSF

Building Info

  • Year Built: 1945

Tax Info

  • Taxes (6 mo): 1100.00
  • FILLTAXID: 90-3-4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2023
Closed on
Feb 7, 2023
Sold by
Hawks Point Properties Llc
Bought by
Byrne Benjamin Tyler and Cole Tara Brooke
Seller's Agent
Ben Johnson
MOUNTAIN CITY REALTY & AUCTION LLC
Buyer's Agent
Barry Young
REAL BROKER LLC - MCLEAN
List Price
$139,950
Sold Price
$130,000
Premium/Discount to List
-$9,950
-7.11%
Current Estimated Value
$181,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,551
Avg. Annual Appreciation
14.23%
Original Mortgage
$97,500
Outstanding Balance
$94,547
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$87,004

Purchase Details

Closed on
Aug 19, 2015
Sold by
Ryder Sandra C and Switzer Doris C
Bought by
Hawks Point Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.88%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Byrne Benjamin Tyler $130,000 First American Title
Hawks Point Properties Llc $28,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byrne Benjamin Tyler $97,500
Previous Owner Hawks Point Properties Llc $168,000
Previous Owner Hawka Point Properties Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $130,000 -7.1% $158 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/21/2023 01/21/23 For Sale $139,950 -- $170 / 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 $879 $148,900 $42,100 $106,800
2024 $815 $135,900 $40,700 $95,200
2023 $1,142 $95,200 $38,500 $56,700
2022 $1,028 $85,700 $33,900 $51,800
2021 $958 $79,800 $31,700 $48,100
2020 $910 $75,800 $29,400 $46,400
2019 $876 $73,000 $29,400 $43,600
2018 $806 $68,300 $29,400 $38,900
2017 $804 $68,100 $29,400 $38,700
2016 $804 $68,100 $29,400 $38,700
2015 $837 $70,900 $28,500 $42,400
2014 $837 $70,900 $28,500 $42,400
Source: Public Records

Agents Affiliated with this Home

  • Ben Johnson

    Seller's Agent in 2023

    Ben Johnson

    MOUNTAIN CITY REALTY & AUCTION LLC

    (540) 204-3764

    8 in this area

    97 Total Sales

    Ben Johnson
    Section Image

  • B

    Buyer's Agent in 2023

    Barry Young

    REAL BROKER LLC - MCLEAN

    (540) 353-5077

    1 in this area

    5 Total Sales

    Barry Young
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 895466

Roanoke Valley Association of REALTORS®

APN: 90-3-4

Virginia Salem City County Salem 24153

506 N Bruffey St, Salem, VA

This home is located at 506 N Bruffey St, Salem, VA 24153 since 21 January 2023 and is currently estimated at $181,551, approximately $220 per square foot. This property was built in 1945. 506 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.

Nearby Homes