NOT LISTED FOR SALE

528 Academy St Salem, VA 24153

Estimated Value: $546,000 - $572,000

3 Beds
2.5 Baths
2,740 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $388,000 $142 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,303/month

Highlights

  • In Ground Pool
  • Cape Cod Architecture
  • No HOA
  • Salem High School Rated A-
  • Family Room with Fireplace
  • Screened Porch

About This Home

As of August 2020

Charm! Character! Updated! Sought after Salem LOCATION! Outdoor living at its best... 20' x 40' salt water pool! Fire pit and brick patio! Covered breezeway from oversized one car garage to family room! Hardwood floors & original trim throughout, two fireplaces, eat-in kitchen, dining room, living room, half bath, office (could be entry level bedroom)! Upstairs features spacious owner's suite with a beautifully updated bath; walk-in shower, heated floor, double vanity! Two additional light, bright bedrooms with adorable updated bath; tub/shower, heated floor! Amazing closet space! Basement features a Recreation Room/tons of storage, huge laundry room! Electric attic fan, custom wood planation shutters! Roof & Windows replaced yr2009!

Last Agent to Sell the Property

Mary Helen Chisholm

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225096943 Listed on: 07/13/2020

Last Buyer's Agent

Katherine Baker

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225081140

WAINWRIGHT & CO., REALTORS(r)- LAKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,294

Year Built

  • Built in 1939

Lot Details

  • 0.54 Acre Lot
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • Bookcases
  • Ceiling Fan
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Screened Porch
  • Storage
  • Attic Fan
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 1 Car Detached Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Patio

Schools

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

Utilities

  • Central Air
  • Radiator
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Restaurant

Listing and Financial Details

  • Tax Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,294

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Breakfast Area, Ceiling Fan, Storage, Walk-in-Closet
  • Heating System: Radiator Gas Heat
  • Fireplace(s): Family Room, Living Room
  • Type: A
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Garage Door Opener, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: In-Ground Pool, Patio, Paved Driveway, Screened Porch
  • Views: Sunset
  • BedroomsBRUpperLevel: 3
  • EntryAboveGrdFin Sq Ft: 1475.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 3715
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 500.00
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2020-07-13
  • Residential Type: Detached
  • Style Of House: Cape Cod
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 2240
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2740.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 975.00
  • UncoveredNumberSpaces: 3.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 975.00
  • UpperAboveGrdFin Sq Ft: 765.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Side Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Paved Road

Schools

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

Green Features

  • Energy Features: Attic Fan

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.54
  • Lot: 3

Building Info

  • Year Built: 1939

Tax Info

  • Taxes (6 mo): 3294.00
  • FILLTAXID: 70-2-11

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
Jul 13, 2020
Closed on
Aug 13, 2020
Sold by
Flynn Hollie H and Hollie H Flynn Living Trust
Bought by
Stevens Jim Allen and Stevens Deirdre Lemons
Seller's Agent
Mary Helen Chisholm
WAINWRIGHT & CO., REALTORS(r)- LAKE
Buyer's Agent
Katherine Baker
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$388,770
Sold Price
$388,000
Premium/Discount to List
-$770
-0.2%
Current Estimated Value
$556,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,046
Avg. Annual Appreciation
7.32%
Original Mortgage
$310,400
Outstanding Balance
$228,306
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$318,323

Purchase Details

Closed on
May 17, 2005
Sold by
Flynn Hollie H
Bought by
Flynn Hollie H

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
4.62%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Stevens Jim Allen $388,000 Century Title Services Inc
Flynn Hollie H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Jim Allen $100,000
Open Stevens Jim Allen $310,400
Previous Owner Hollie H Flynn Living Trust $87,000
Previous Owner Flynn Hollie H $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $388,000 -0.2% $142 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $388,770 -- $142 / 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
2024 $2,601 $433,500 $78,200 $355,300
2023 $4,896 $408,000 $72,200 $335,800
2022 $4,487 $373,900 $69,200 $304,700
2021 $4,198 $349,800 $66,200 $283,600
2020 $3,982 $331,800 $63,100 $268,700
2019 $3,349 $279,100 $60,100 $219,000
2018 $3,186 $270,000 $54,100 $215,900
2017 $3,085 $261,400 $54,100 $207,300
2016 $3,085 $261,400 $54,100 $207,300
2015 $3,190 $270,300 $56,100 $214,200
2014 $3,190 $270,300 $56,100 $214,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 871267

Roanoke Valley Association of REALTORS®

APN: 70-2-11