NOT LISTED FOR SALE

622 Palmer Ave Salem, VA 24153

Estimated Value: $234,000 - $270,000

3 Beds
2 Baths
1,001 Sq Ft
$251/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $247,000 $247 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,434/month

1 Day on Market

Highlights

  • Deck
  • Ranch Style House
  • Google Fiber
  • Salem High School Rated A-
  • No HOA
  • Fenced Yard

About This Home

As of July 2024

Welcome to this inviting 3 bedroom, 2 bath ranch-style home nestled in a serene Salem neighborhood. The kitchen has been updated with waterproof vinyl flooring, quartz countertops, and stainless steel appliances. A new gas water heater was added in 2022. The large back yard is surrounded by a vinyl privacy fence. It also has a covered patio, which is perfect for lounging on a relaxing afternoon. Here's your opportunity to own a piece of tranquility and single level living!

Last Agent to Sell the Property

Joe Alls

RE/MAX ALL STARS License #0225244163 Listed on: 06/27/2024

RE/MAX ALL STARS

Co-Listed By

SEAN P TURK

RE/MAX ALL STARS License #0225185117

Last Buyer's Agent

Vanisha Jefferies

REAL BROKER LLC - MCLEAN License #0225266172

REAL BROKER LLC - MCLEAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,186

Year Built

  • Built in 1990

Lot Details

  • Lot Dimensions are 50x150
  • Fenced Yard

Home Design

  • Ranch Style House

Interior Spaces

  • 1,001 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Gas Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Google Fiber

Listing and Financial Details

  • Tax Lot 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,186

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Heat Pump Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Gas, Refrigerator
  • Cooling System: Heat Pump Gas
  • Outside Features: Deck, Fenced Yard, Patio, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1001.00
  • ExteriorDoors: Fiberglass, Full View
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1001
  • Internet Access: Fiber
  • InternetAccessCurntInternetProv: GloFiber
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2024-06-28
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1001
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1001.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior

Schools

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

Lot Info

  • Lot Dimensions: 50x150
  • Property Group Id: 19990816212109142258000000
  • Lot: 6

Building Info

  • Year Built: 1990

Tax Info

  • Taxes (6 mo): 2186.00
  • FILLTAXID: 215-6-4

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
Jun 27, 2024
Closed on
Jul 26, 2024
Sold by
Bruner Josephine M and Mitchell Michael Connor
Bought by
Sirico Michael and Madison Wade
Seller's Agent
Joe Alls
RE/MAX ALL STARS
Buyer's Agent
Vanisha Jefferies
REAL BROKER LLC - MCLEAN
List Price
$244,950
Sold Price
$247,000
Premium/Discount to List
$2,050
0.84%
Views
6
Current Estimated Value
$251,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,197
Avg. Annual Appreciation
6.17%
Original Mortgage
$209,000
Outstanding Balance
$206,671
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$58,412

Purchase Details

Listed on
Jan 13, 2022
Closed on
Mar 1, 2022
Sold by
Reedy Jessica C
Bought by
Mitchell Michael Connor and Bruner Josephine M
Seller's Agent
Cory Lutz
DIVINE FOG REALTY COMPANY LLC- ROANOKE
Buyer's Agent
Joe Alls
RE/MAX ALL STARS
List Price
$189,500
Sold Price
$189,000
Premium/Discount to List
-$500
-0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%
Original Mortgage
$183,330
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2012
Closed on
Nov 5, 2012
Sold by
Herb Smith Inc
Bought by
Cook Jessica A
Seller's Agent
Herbert Smith
ADVANTAGE REALTY LLC
Buyer's Agent
J.c. Taylor
YOUNG REALTY COMPANY
List Price
$129,900
Sold Price
$129,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$127,546
Interest Rate
2.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 14, 2012
Sold by
Clement Ronny L and Smith Herbert H
Bought by
Herb Smith Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2009
Sold by
Sigerich Joseph N and Sigerich Lisa L
Bought by
Clement Ronny L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,950
Interest Rate
5.5%
Mortgage Type
VA
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
Sirico Michael $247,000 Sage Title
Mitchell Michael Connor $189,000 First Choice Title
Mitchell Michael Connor $189,000 First Choice Title
Mitchell Michael Connor $189,000 First Choice Title
Cook Jessica A $129,900 None Available
Herb Smith Inc $88,131 First American
Clement Ronny L $139,950 Acquisition Title And Settle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sirico Michael $209,000
Previous Owner Mitchell Michael Connor $183,330
Previous Owner Cook Jessica A $127,546
Previous Owner Herb Smith Inc $75,000
Previous Owner Clement Ronny L $139,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $247,000 +0.8% $247 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $244,950 +29.6% $245 / Sq Ft
03/02/2022 03/02/22 Sold $189,000 -0.3% $189 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $189,500 +45.9% $189 / Sq Ft
11/05/2012 11/05/12 Sold $129,900 0.0% $130 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
08/19/2012 08/19/12 For Sale $129,900 -- $130 / 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 $1,227 $207,900 $37,700 $170,200
2024 $1,097 $182,800 $36,200 $146,600
2023 $1,979 $164,900 $34,800 $130,100
2022 $1,740 $145,000 $30,900 $114,100
2021 $1,621 $135,100 $29,500 $105,600
2020 $1,571 $130,900 $29,500 $101,400
2019 $1,456 $121,300 $29,500 $91,800
2018 $1,401 $118,700 $28,000 $90,700
2017 $1,387 $117,500 $28,000 $89,500
2016 $1,441 $122,100 $28,000 $94,100
2015 $1,381 $117,000 $26,100 $90,900
2014 $1,381 $117,000 $26,100 $90,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 908796

Roanoke Valley Association of REALTORS®

APN: 215-6-4