NOT LISTED FOR SALE

507 E Burwell St Salem, VA 24153

Estimated Value: $284,000 - $449,000

3 Beds
2.5 Baths
1,591 Sq Ft
$227/Sq Ft Est. Value

Last Sold June 04, 2020

Last sale price $273,750 $172 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,211/month

Highlights

  • Under Construction
  • City View
  • Front Porch
  • G.W. Carver Elementary School Rated 9+
  • Deck
  • 1 Car Attached Garage

About This Home

As of June 2020

Salem's newest subdivision with ONLY 7 homes (now only 5 available) 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, screen porch, finished walk-out basements with recreation room additional 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

Fawn Foley

KELLER WILLIAMS REALTY ROANOKE License #0225206772

KELLER WILLIAMS REALTY ROANOKE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $3,100

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 2,614 Sq Ft Lot
  • Gentle Sloping Lot
  • Cleared Lot

HOA Fees

  • $130 Monthly HOA Fees

Property Views

  • City
  • Mountain

Home Design

  • Patio Home
  • Brick Exterior Construction
  • Hardboard

Interior Spaces

  • Gas Log Fireplace
  • Great Room with Fireplace
  • Storage
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet

Basement

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

Parking

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

Outdoor Features

  • Deck
  • Patio
  • Front Porch

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

Community Details

  • Henmark, Inc. Association

Listing and Financial Details

  • Tax Lot A2

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$3,100

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Interior Features: Gas Log Fireplace, Storage, Walk-in-Closet
  • Heating System: Forced Air Gas
  • Fireplace(s): Great Room
  • 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: Deck, Patio, Paved Driveway
  • Views: City, Mountain
  • BedroomsBREntryLevel: 2
  • BedroomsBRLowerLevel: 1
  • EntryAboveGrdFin Sq Ft: 987.00
  • ExteriorDoors: Fiberglass, Full View
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 2186
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 604.00
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Phone Email: 540-598-7635
  • P O A Condo Contact Name: Henmark, Inc.
  • POACondoDues: 130.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2019-12-26
  • Residential Type: Attached
  • Style Of House: Patio
  • SubagentAuthorized: No
  • SubdivisionMap: Burwell Point
  • Total Above Grd Fin S Q F T: 987
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1591.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 595.00
  • Uncovered Parking: Designated Spaces
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 595.00
  • 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

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

Schools

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

Lot Info

  • Lot Description: Cleared, Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.06
  • Lot: A2
  • ZoningCode: RMF

Building Info

  • Year Built: 2019

Tax Info

  • Taxes (6 mo): 3100.00
  • FILLTAXID: 120-2-2.2

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
Sep 12, 2022
Sold by
Allen Bonnie E
Bought by
Allen Laura M and Allen Sidney J
Current Estimated Value
$360,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$248,499
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$112,169

Purchase Details

Listed on
Sep 20, 2019
Closed on
Jun 4, 2020
Sold by
Henmark Inc
Bought by
Allen Bonnie E
Seller's Agent
Judy Simmers
RE/MAX ALL POINTS
Buyer's Agent
Fawn Foley
KELLER WILLIAMS REALTY ROANOKE
List Price
$269,750
Sold Price
$273,750
Premium/Discount to List
$4,000
1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Source: Public Records

Range of Values:

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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
Allen Laura M $350,000 Performance Title
Allen Bonnie E $273,750 Sage Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Laura M $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2020 06/04/20 Sold $273,750 +1.5% $172 / Sq Ft
12/26/2019 12/26/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $269,750 -- $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 $2,030 $344,100 $68,300 $275,800
2024 $1,944 $324,000 $63,000 $261,000
2023 $3,493 $291,100 $57,800 $233,300
2022 $3,293 $274,400 $42,000 $232,400
2021 $3,166 $263,800 $36,800 $227,000
2020 $2,928 $244,000 $36,800 $207,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 863416

Roanoke Valley Association of REALTORS®

APN: 120-2-2.2