NOT LISTED FOR SALE

531 Bonnie Ln Salem, VA 24153

Estimated Value: $304,000 - $379,000

3 Beds
2 Baths
1,420 Sq Ft
$241/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $241,000 $170 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,972/month

1 Day on Market

Highlights

  • Family Room with Fireplace
  • Ranch Style House
  • No HOA
  • Salem High School Rated A-
  • Sun or Florida Room
  • 1 Car Attached Garage

About This Home

As of October 2020

Top quality remodeled. Replaced all cabinets, flooring and appliances in kitchen, bathrooms updated, gas furnace and central air approximately 1 year old, exterior and interior doors replaced, roof and replacement windows approximately 3 years old, washer hookup on living level plus in basement. Also features beautiful wood floors, awesome sunroom, storage room, garage situated on well manicured level corner lot.

Last Agent to Sell the Property

Doris Smith

BARKER REALTY CO License #0225160822 Listed on: 08/19/2020

Last Buyer's Agent

Hamp Maxwell

BARKER REALTY CO License #0225021466

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1979

Lot Details

  • 0.37 Acre Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,420 Sq Ft Home
  • Family Room with Fireplace
  • 2 Fireplaces
  • Sun or Florida Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Karen Hills Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 9

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,200

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Fireplace(s): Basement, Family Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Garage Door Opener, Range Electric, Refrigerator, Sump Pump
  • Cooling System: Central Cooling
  • Outside Features: Paved Driveway, Sunroom
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1420.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 2820
  • LaundryLaundryEntryLevel: 1
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2020-08-20
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1420
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1420.00
  • TotalUnfin Sq Ft: 1400.00
  • Unfinished Attached S Q F T Entry Below Grd Unfin S Q F T: 1400.00
  • 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

Association/Amenities

  • Misc Features: Maint-Free Exterior, Underground Util

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.37
  • Lot: 1

Building Info

  • Year Built: 1979

Tax Info

  • Taxes (6 mo): 2200.00
  • FILLTAXID: 243-4-1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Oct 16, 2020
Sold by
Blevins Janes Bryan
Bought by
Flinchum Kelda L
Seller's Agent
Doris Smith
BARKER REALTY CO
Buyer's Agent
Hamp Maxwell
BARKER REALTY CO
List Price
$239,000
Sold Price
$241,000
Premium/Discount to List
$2,000
0.84%
Current Estimated Value
$338,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,971
Avg. Annual Appreciation
7.50%
Original Mortgage
$228,950
Outstanding Balance
$205,926
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$135,835

Purchase Details

Listed on
Sep 2, 2017
Closed on
Sep 20, 2017
Sold by
Waggoner Marie Slone and Wallace Arlene P
Bought by
Blevins James Bryan
Seller's Agent
Stephanie Brown
SOUTHERN PROPERTY REAL ESTATE INC
Buyer's Agent
Doris Smith
BARKER REALTY CO
List Price
$169,000
Sold Price
$169,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%
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
Flinchum Kelda L $241,000 Fidelity National Ttl Ins Co
Blevins James Bryan $169,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flinchum Kelda L $228,950
Previous Owner Waggoner Marie Slone $34,401
Previous Owner Waggoner Marie Slone $45,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $241,000 +0.8% $170 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $239,000 +41.4% $168 / Sq Ft
09/25/2017 09/25/17 Sold $169,000 0.0% $121 / Sq Ft
09/03/2017 09/03/17 Pending -- -- --
09/02/2017 09/02/17 For Sale $169,000 -- $121 / 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 $1,497 $249,500 $48,200 $201,300
2023 $2,750 $229,200 $45,600 $183,600
2022 $2,531 $210,900 $40,600 $170,300
2021 $2,254 $187,800 $38,000 $149,800
2020 $2,200 $183,300 $38,000 $145,300
2019 $2,126 $177,200 $38,000 $139,200
2018 $2,074 $175,800 $38,000 $137,800
2017 $2,020 $171,200 $38,000 $133,200
2016 $1,092 $170,900 $38,000 $132,900
2015 $1,092 $176,300 $37,500 $138,800
2014 $1,092 $176,300 $37,500 $138,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Doris Smith

    BARKER REALTY CO

    (540) 580-9811

    20 in this area

    27 Total Sales

    Section Image

  • H

    Buyer's Agent in 2020

    Hamp Maxwell

    BARKER REALTY CO

    (540) 389-1100

    8 in this area

    22 Total Sales

    Section Image
  • Stephanie Brown

    Seller's Agent in 2017

    Stephanie Brown

    SOUTHERN PROPERTY REAL ESTATE INC

    (540) 874-8130

    9 Total Sales

    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 872483

Roanoke Valley Association of REALTORS®

APN: 243-4-1

Virginia Salem City County Salem 24153

531 Bonnie Ln, Salem, VA

This home is located at 531 Bonnie Ln, Salem, VA 24153 since 19 August 2020 and is currently estimated at $341,761, approximately $240 per square foot. This property was built in 1979. 531 Bonnie Ln is a home located in Salem City with nearby schools including South 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.

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