NOT LISTED FOR SALE

509 Kessler Mill Rd Salem, VA 24153

Estimated Value: $234,000 - $276,000

3 Beds
1 Bath
1,242 Sq Ft
$208/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $235,947 $190 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,445/month

3 Days on Market

Highlights

  • No HOA
  • Front Porch
  • Level Lot
  • G.W. Carver Elementary School Rated 9+

About This Home

As of September 2023

Come see this updated home in Salem today. Home has been freshly painted inside and has new luxury vinyl plank flooring, new lighting, and new ceiling fans throughout. Kitchen and bathroom have new cabinets and countertops. Kitchen also has new stainless appliances. There is lots of storage space in the full, unfinished basement. Large, level front and back yard offer plenty of outdoor space as well. New ARC roof. New heat pump.

Last Agent to Sell the Property

Barry Compton

RED KEY REALTY INC License #0225040865 Listed on: 08/08/2023

Co-Listed By

Matt Spangler

REAL BROKER LLC - DGA-SALEM License #0225214738

Last Buyer's Agent

John Wilburn

HOKIE REAL ESTATE INC License #0225075987

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,249

Year Built

  • Built in 1951

Lot Details

  • 0.45 Acre Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,242 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Additional Features

  • Front Porch
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Carlton Park Subdivision

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,249

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 942.00
  • Fireplace Number Fireplaces: 1
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 1242
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1242.00
  • TotalUnfin Sq Ft: 942.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 942.00
  • UpperAboveGrdFin Sq Ft: 300.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Lot Info

  • Lot Description: Cleared, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.45
  • Lot: 2

Building Info

  • Year Built: 1951

Tax Info

  • Taxes (6 mo): 1249.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Sep 15, 2023
Sold by
Barry C Compton Inc
Bought by
Rigney Thomas A and Rigney Kathryn R
Seller's Agent
Barry Compton
RED KEY REALTY INC
Buyer's Agent
John Wilburn
HOKIE REAL ESTATE INC
List Price
$224,950
Sold Price
$235,947
Premium/Discount to List
$10,997
4.89%
Views
24
Current Estimated Value
$258,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,202
Avg. Annual Appreciation
3.99%
Original Mortgage
$231,672
Outstanding Balance
$226,481
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$31,668

Purchase Details

Closed on
Apr 25, 2023
Sold by
Lawson Hannah M
Bought by
Barry C Compton Inc

Purchase Details

Closed on
Jun 10, 2019
Sold by
Myers Timothy Wesley and Evans Bethany Zoe
Bought by
Evans Bethany Zoe

Purchase Details

Closed on
Apr 17, 2006
Sold by
Whitlow Hugh D
Bought by
Evans Bethany and Myers Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rigney Thomas A $235,947 Old Republic Title
Barry C Compton Inc $101,000 First Choice Title
Evans Bethany Zoe -- None Available
Evans Bethany -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rigney Thomas A $231,672
Previous Owner Evans Bethany $87,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2023 09/15/23 Sold $235,947 +4.9% $190 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $224,950 -- $181 / 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 $1,121 $190,000 $40,100 $149,900
2024 $1,057 $176,200 $38,200 $138,000
2023 $1,270 $105,800 $33,400 $72,400
2022 $1,183 $98,600 $31,000 $67,600
2021 $1,163 $96,900 $29,500 $67,400
2020 $1,133 $94,400 $29,500 $64,900
2019 $1,110 $92,500 $29,500 $63,000
2018 $1,067 $90,400 $28,100 $62,300
2017 $1,057 $89,600 $28,100 $61,500
2016 $1,057 $89,600 $28,100 $61,500
2015 $1,007 $85,300 $26,500 $58,800
2014 $1,007 $85,300 $26,500 $58,800
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Barry Compton

    RED KEY REALTY INC

    (540) 293-5294

    8 in this area

    194 Total Sales

    Barry Compton
    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Matt Spangler

    REAL BROKER LLC - DGA-SALEM

    (540) 400-6449

    7 in this area

    88 Total Sales

    Matt Spangler
    Section Image

  • J

    Buyer's Agent in 2023

    John Wilburn

    HOKIE REAL ESTATE INC

    (540) 998-1276

    2 in this area

    31 Total Sales

    John Wilburn
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 900565

Roanoke Valley Association of REALTORS®

APN: 51-2-9

Virginia Salem City County Salem 24153

509 Kessler Mill Rd, Salem, VA

Not Listed for Sale

Detached

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