NOT LISTED FOR SALE

538 Chamberlain Ln Salem, VA 24153

Estimated Value: $206,000 - $222,000

2 Beds
1 Bath
959 Sq Ft
$226/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $139,500 $145 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,270/month

3 Days on Market

Highlights

  • 0.66 Acre Lot
  • No HOA
  • Front Porch
  • Salem High School Rated A-
  • 1 Car Detached Garage
  • Storage

About This Home

As of August 2020

All brick 2 bedroom cape cod home featuring new carpeting and fresh paint throughout! Hardwoods under carpet, shower in basement and full bath on main level, newer replacement windows and gas heat/central air. Upstairs is unfinished but could easily be another bedroom or den - use your imagination and make it your own design. This home has tons of storage, detailed garage and a deep large lot perfect for a garden and newer sewer lines.

Last Agent to Sell the Property

Debra Giles

EXP REALTY LLC - STAFFORD License #0225049615 Listed on: 07/14/2020

EXP REALTY LLC - STAFFORD

Last Buyer's Agent

Patrick Wilkinson

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225040887

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,674

Year Built

  • Built in 1940

Lot Details

  • 0.66 Acre Lot
  • Level Lot
  • Cleared Lot
  • Garden

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 959 Sq Ft Home
  • 1.5-Story Property
  • Storage
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Electric Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • 2 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2

Community Details

Overview

  • No Home Owners Association
  • Carlton Park Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,674

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Interior Features: Storage
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Garden Space, Paved Driveway
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 959.00
  • ExteriorDoors: Insulated Storm, Wood
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 3836
  • Internet Access: Cable, DSL
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2020-07-17
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 959
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 959.00
  • TotalUnfin Sq Ft: 2877.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Entry Above Grd Unfin S Q F T: 959.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 959.00
  • Unfinished Attached S Q F T Upper Above Grd Unfin S Q F T: 959.00
  • 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

Utilities

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

Association/Amenities

  • Misc Features: Maint-Free Exterior, Paved Road

Schools

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

Lot Info

  • Lot Description: Cleared, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.66
  • Lot: 2

Building Info

  • Year Built: 1940

Tax Info

  • Taxes (6 mo): 1674.00
  • FILLTAXID: 50-6-3

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
Jul 14, 2020
Closed on
Aug 19, 2020
Sold by
Townsend Sandra B and Estate Of Wanda S Gills
Bought by
Busie Mollie and Busie Caleb
Seller's Agent
Debra Giles
EXP REALTY LLC - STAFFORD
Buyer's Agent
Patrick Wilkinson
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$139,500
Sold Price
$139,500
Current Estimated Value
$216,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,201
Avg. Annual Appreciation
9.15%
Original Mortgage
$111,600
Outstanding Balance
$79,814
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$136,887
Source: Public Records

Range of Values:

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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
Busie Mollie $139,500 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busie Mollie $111,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $139,500 0.0% $145 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $139,500 -- $145 / 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 $1,095 $185,600 $47,400 $138,200
2024 $1,039 $173,100 $45,200 $127,900
2023 $1,804 $150,300 $39,500 $110,800
2022 $1,674 $139,500 $36,700 $102,800
2021 $1,537 $128,100 $35,000 $93,100
2020 $1,493 $124,400 $35,000 $89,400
2019 $1,464 $122,000 $35,000 $87,000
2018 $1,408 $119,300 $33,300 $86,000
2017 $1,395 $118,200 $33,300 $84,900
2016 $1,395 $118,200 $33,300 $84,900
2015 $680 $106,300 $32,500 $73,800
2014 $680 $106,300 $32,500 $73,800
Source: Public Records

Agents Affiliated with this Home

  • Debra Giles

    Seller's Agent in 2020

    Debra Giles

    EXP REALTY LLC - STAFFORD

    (540) 293-1719

    15 in this area

    246 Total Sales

    Debra Giles
    Section Image
  • Patrick Wilkinson

    Buyer's Agent in 2020

    Patrick Wilkinson

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 777-7000

    28 in this area

    68 Total Sales

    Patrick Wilkinson
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 871278

Roanoke Valley Association of REALTORS®

APN: 50-6-3

Virginia Salem City County Salem 24153

538 Chamberlain Ln, Salem, VA

This home is located at 538 Chamberlain Ln, Salem, VA 24153 since 14 July 2020 and is currently estimated at $216,701, approximately $225 per square foot. This property was built in 1940. 538 Chamberlain Ln is a home located in Salem City with nearby schools including G.W. Carver 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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