$700,000
SOLD SEP 19, 2024

615 Academy St Salem, VA 24153

3 Beds
2.5 Baths
2,570 Sq Ft
0.68 Acres

Recently Sold

$272 Per Sq Ft

Highlights

  • Golf Course View
  • 0.68 Acre Lot
  • No HOA
  • Salem High School Rated A-
  • Cape Cod Architecture
  • Front Porch

About This Home

As of September 2024

Listed and sold same day.

Last Agent to Sell the Property

Jenn Fountain

NEST REALTY ROANOKE License #0225206250 Listed on: 08/20/2024

NEST REALTY ROANOKE

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,842

Year Built

  • Built in 1950

Lot Details

  • 0.68 Acre Lot
  • Gentle Sloping Lot

Parking

  • Attached Garage

Property Views

  • Golf Course
  • Mountain

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,570 Sq Ft Home
  • Bookcases
  • Den with Fireplace
  • Alarm System
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Patio
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,842

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Interior Features: Alarm, Book Shelves
  • Heating System: Forced Air Gas, Heat Pump Gas
  • Fireplace(s): Den
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Patio, Paved Driveway
  • Views: Golf Course, Mountain
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1770.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 3370
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2024-08-20
  • Residential Type: Detached
  • Style Of House: Cape Cod
  • Total Above Grd Fin S Q F T: 2570
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2570.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 800.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 800.00
  • UpperAboveGrdFin Sq Ft: 800.00
  • 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

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.68

Building Info

  • Year Built: 1950

Tax Info

  • Taxes (6 mo): 4842.00
  • FILLTAXID: 69-5-10

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
Aug 20, 2024
Closed on
Sep 17, 2024
Sold by
Alan Bond Richard and Haupt Lisa
Bought by
Johnson Jane W
Seller's Agent
Jenn Fountain
NEST REALTY ROANOKE
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$676,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,499
Avg. Annual Appreciation
5.79%
Original Mortgage
$560,000
Outstanding Balance
$556,903
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$179,470

Purchase Details

Closed on
Aug 2, 2018
Sold by
Ogden John M and The Ogden Living Trust
Bought by
Bond Richard Alan and Bond Lisa Haupt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.5%
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 Type Sale Price Title Company
Deed $700,000 Fidelity National Title
Deed $376,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $560,000 New Conventional
Previous Owner $178,650 New Conventional
Previous Owner $175,000 New Conventional
Previous Owner $275,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 Sold $700,000 0.0% $272 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $700,000 -- $272 / 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 $2,421 $403,500 $87,100 $316,400
2023 $4,456 $371,300 $80,400 $290,900
2022 $4,244 $353,700 $77,000 $276,700
2021 $4,097 $341,400 $73,700 $267,700
2020 $3,984 $332,000 $70,300 $261,700
2019 $3,560 $296,700 $67,000 $229,700
2018 $3,391 $287,400 $60,300 $227,100
2017 $3,357 $284,500 $60,300 $224,200
2016 $3,357 $284,500 $60,300 $224,200
2015 $3,311 $280,600 $51,200 $229,400
2014 $3,311 $280,600 $51,200 $229,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 910231

Roanoke Valley Association of REALTORS®

APN: 69-5-10