NOT LISTED FOR SALE

533 Diamond Rd Salem, VA 24153

Estimated Value: $314,000 - $372,000

3 Beds
2 Baths
1,806 Sq Ft
$187/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $220,000 $122 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,881/month

24 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • No HOA
  • Salem High School Rated A-
  • Ranch Style House
  • Breakfast Area or Nook

About This Home

As of January 2021

Starlight. Star Bright. What a view! Of the evening, city lights sparkle in the valley like diamonds! Open floorplan drenched with light. 3 BR 2 Bath. LR w/FP, Family Rm,Eat- in-Kitchen, DR & Office. Walk-out Basement equipped w/FP, Laundry & 2 car garage. Fenced-in Back Yard with large deck for your enjoyment & entertaining. 2015 Furnace & Hot Water Heater. 2014 Roof. Natural gas line already run to home. Buyer agent to verify taxes & sq footage.

Last Agent to Sell the Property

Scottie Campbell

HORSE FARM REALTY INC Brokerage Email: Scottie@ScottieCampbell.com License #0225208853 Listed on: 11/18/2020

Last Buyer's Agent

Donna Harris

LONG & FOSTER - ROANOKE OFFICE License #0225101691

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,048

Year Built

  • Built in 1963

Lot Details

  • 0.5 Acre Lot
  • Gentle Sloping Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,806 Sq Ft Home
  • Bookcases
  • Ceiling Fan
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Storage
  • Laundry on main level
  • Partially Finished Basement
  • Walk-Out Basement
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Open Parking Spaces
  • Tuck Under Garage
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Orchard Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 10A / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,048

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Breakfast Area, Ceiling Fan, Masonry Fireplace, Storage
  • Heating System: Forced Air Oil
  • Fireplace(s): Family Room, Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Partial
  • Major Appliances: Dishwasher, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Deck, Paved Driveway
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1806.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 3003
  • LaundryLaundryEntryLevel: 1
  • LaundryLaundryLowerLevel: 1
  • LaundryLaundryOtherLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 3
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • RatifiedContractDt: 2020-12-12
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1806
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1806.00
  • TotalUnfin Sq Ft: 1197.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1197.00
  • 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: East Salem
  • Middle School: Andrew Lewis
  • High School: Salem High

Lot Info

  • Lot Description: Gentle Slope, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.50
  • Lot: 10A

Building Info

  • Year Built: 1963

Tax Info

  • Taxes (6 mo): 2048.00
  • FILLTAXID: 261-1-3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2017
Closed on
Dec 27, 2017
Sold by
Mcgee Timothy Michael and Mcgee Alexandra P
Bought by
Jones Joanna P
Seller's Agent
Christy Crouch
RE/MAX ALL POINTS
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$179,950
Sold Price
$176,800
Premium/Discount to List
-$3,150
-1.75%
Current Estimated Value
$337,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,598
Avg. Annual Appreciation
8.68%
Original Mortgage
$173,597
Outstanding Balance
$147,308
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$190,090

Purchase Details

Closed on
Sep 2, 2008
Sold by
Dickenson Catherine D and Mcgee Christopher Patrick
Bought by
Mcgee Timothy Michael and Mcgee Alexandra P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,500
Interest Rate
6.5%
Mortgage Type
New Conventional
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
Motley Brandon K $220,000 Sage Title
Motley Brandon K $220,000 Sage Title Group Llc
Jones Joanna P $176,800 Sage Title Group Llc
Mcgee Timothy Michael $220,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Motley Brandon K $216,015
Closed Motley Brandon K $216,015
Previous Owner Jones Joanna P $173,597
Previous Owner Mcgee Timothy Michael $128,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2021 01/15/21 Sold $220,000 0.0% $122 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $219,950 +24.4% $122 / Sq Ft
01/18/2018 01/18/18 Sold $176,800 -1.8% $99 / Sq Ft View Prior Sale
12/11/2017 12/11/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $179,950 -- $101 / 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 $1,343 $227,700 $52,700 $175,000
2024 $1,416 $236,000 $48,800 $187,200
2023 $2,527 $210,600 $44,600 $166,000
2022 $2,393 $199,400 $42,400 $157,000
2021 $2,291 $190,900 $40,300 $150,600
2020 $2,048 $170,700 $40,300 $130,400
2019 $2,011 $167,600 $40,300 $127,300
2018 $1,941 $164,500 $38,200 $126,300
2017 $1,938 $164,200 $38,200 $126,000
2016 $1,823 $154,500 $38,200 $116,300
2015 $1,691 $143,300 $39,400 $103,900
2014 $1,691 $143,300 $39,400 $103,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 875176

Roanoke Valley Association of REALTORS®

APN: 261-1-3