NOT LISTED FOR SALE

619 Tarpley Ln Unit 621 Salem, VA 24153

Estimated Value: $300,000 - $326,000

5 Beds
3 Baths
2,403 Sq Ft
$130/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $260,000 $108 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,816/month

39 Days on Market

Highlights

  • No HOA
  • Salem High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of March 2022

Looking for investment property? Looking for multigenerational living? You won't want to miss out on checking this property out! This two unit property has been exceptionally well maintained and is conveniently located to Salem and Roanoke with easy access to I-81. Unit 619 boasts 3BR/2BA and a full finished walkout basement! Unit 621 has 2BR/1BA and an unfinished basement. Both units feature HW floors, tilt-in windows, updates within the past 5 yrs & laundry hookups! Call for your tour today!

Last Agent to Sell the Property

Veronica Faz

BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN License #0225091348 Listed on: 12/03/2021

BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN

Last Buyer's Agent

Bailey Jenkins

NEST REALTY SOUTHSIDE License #0225254825

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,272

Year Built

  • Built in 1970

Lot Details

  • 0.53 Acre Lot

Home Design

  • 2,403 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Basement

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Month-to-Month Lease Term
  • Legal Lot and Block 4 / A

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Carlton Park Subdivision

Building Details

  • 2 Leased Units
  • Operating Expense $6,200
  • Gross Income $18,000
  • Net Operating Income $4,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,272

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Multi-Family
  • Has Basement: Walkout - Full
  • Cooling System: Central Cooling
  • CondoAssocYN: No
  • Major Area: 03 - City of Salem
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2022-01-11
  • SubdivisionMap: Resub Tracts 10&11
  • TotalAnnualExpen: 6200.00
  • Water Class: N/A
  • Water Heater Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Other - See Remarks

Utilities

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

Schools

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

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.53
  • Lot: 4

Building Info

  • Year Built: 1970

Tax Info

  • Taxes (6 mo): 2271.60
  • FILLTAXID: 50-3-11

Multi Family

  • Lease Type: Month-to-Month, One Year
  • Tenant Pays: Cable TV, Electricity, Gas
  • Units In Building: 2.00
  • Multi Family Type: Duplex

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
Dec 3, 2021
Closed on
Mar 10, 2022
Sold by
Adams Nathan A
Bought by
Mckee Caitlin C and Bauer Elaine R
Seller's Agent
Veronica Faz
BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN
Buyer's Agent
Bailey Jenkins
NEST REALTY SOUTHSIDE
List Price
$259,950
Sold Price
$260,000
Premium/Discount to List
$50
0.02%
Current Estimated Value
$313,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,008
Avg. Annual Appreciation
5.58%
Original Mortgage
$130,000
Outstanding Balance
$121,896
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$191,112

Purchase Details

Listed on
Jun 2, 2017
Closed on
Dec 7, 2017
Sold by
Cutler Scott J
Bought by
Adams Nathan A
Seller's Agent
J Samantha Wise
WAINWRIGHT & CO., REALTORS(r)
Buyer's Agent
Dj Murray Jr
MURRAY REALTY INC
List Price
$179,500
Sold Price
$179,000
Premium/Discount to List
-$500
-0.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$175,757
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 2007
Sold by
Blaszak Kathy I
Bought by
Cutler Scott J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,200
Interest Rate
6.16%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mckee Caitlin C $260,000 Century Title Services
Mckee Caitlin C $260,000 Century Title Services
Adams Nathan A $179,000 Fidelity National Title Insu
Cutler Scott J $176,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckee Caitlin C $130,000
Closed Mckee Caitlin C $130,000
Previous Owner Adams Nathan A $175,757
Previous Owner Cutler Scott J $175,050
Previous Owner Cutler Scott J $35,200
Previous Owner Cutler Scott J $140,800
Previous Owner Blaszak Kathy I $134,335
Previous Owner Blaszak Kathy I $38,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $260,000 0.0% $108 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
12/03/2021 12/03/21 For Sale $259,950 +45.2% $108 / Sq Ft
12/20/2017 12/20/17 Sold $179,000 -0.3% $60 / Sq Ft
11/22/2017 11/22/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $179,500 -- $60 / 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 $1,318 $219,700 $43,400 $176,300
2023 $2,398 $199,800 $38,000 $161,800
2022 $2,297 $191,400 $35,300 $156,100
2021 $2,272 $189,300 $33,700 $155,600
2020 $2,176 $181,300 $33,700 $147,600
2019 $2,135 $177,900 $33,700 $144,200
2018 $2,045 $173,300 $32,000 $141,300
2017 $2,045 $173,300 $32,000 $141,300
2016 $1,812 $153,600 $32,000 $121,600
2015 $1,862 $157,800 $30,500 $127,300
2014 $1,862 $157,800 $30,500 $127,300
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    Veronica Faz

    BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN

    (540) 556-5291

    3 in this area

    100 Total Sales

    Veronica Faz
    Section Image
  • Bailey Jenkins

    Buyer's Agent in 2022

    Bailey Jenkins

    NEST REALTY SOUTHSIDE

    (540) 524-8700

    11 in this area

    103 Total Sales

    Bailey Jenkins
    Section Image
  • J Samantha Wise

    Seller's Agent in 2017

    J Samantha Wise

    WAINWRIGHT & CO., REALTORS(r)

    (540) 580-1647

    28 Total Sales

    J Samantha Wise
    Section Image
  • Dj Murray Jr

    Buyer's Agent in 2017

    Dj Murray Jr

    MURRAY REALTY INC

    (540) 815-3231

    36 Total Sales

    Dj Murray Jr
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 885672

Roanoke Valley Association of REALTORS®

APN: 50-3-11

Virginia Salem City County Salem 24153

619 Tarpley Ln Unit 621, Salem, VA

This home is located at 619 Tarpley Ln Unit 621, Salem, VA 24153 since 03 December 2021 and is currently estimated at $313,008, approximately $130 per square foot. This property was built in 1970. 619 Tarpley Ln Unit 621 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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