NOT LISTED FOR SALE

625 Lee St Salem, VA 24153

Estimated Value: $345,000 - $466,000

5 Beds
3 Baths
2,262 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $240,000 $106 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,182/month

232 Days on Market

About This Home

As of April 2021

This home has an Open Floor Plan with new quartz counter tops in the kitchen. Nice flat backyard for children to play as well as entertaining. Close to 81 and downtown Salem. The house is not in a flood zone and does not require flood insurance''

Last Agent to Sell the Property

Bethany Scott

BRIDGES & CO, REALTORS(r) License #0225235260 Listed on: 07/02/2020

Last Buyer's Agent

Janie Whitlow

THE REAL ESTATE GROUP License #0225044674

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,234

Year Built

  • Built in 1998

Lot Details

  • 0.34 Acre Lot

Home Design

  • 2,262 Sq Ft Home
  • Split Foyer
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

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

Schools

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

Utilities

  • Heat Pump System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4 & 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,234

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Heating System: Gas - Natural
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Cooling System: Heat Pump Electric
  • AddlCoveredPrkng: Not Applicable
  • EntryAboveGrdFin Sq Ft: 1131.00
  • FullBathsFullBathsLowerLvl: 1
  • LaundryLaundryUpperLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • OtherAboveGrdFin Sq Ft: 1131.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Split-Foyer
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 2262
  • TotalBdrm: 5
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2262.00
  • Water Class: N/A
  • 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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.34
  • Lot: 4 & 5

Building Info

  • Year Built: 1998

Tax Info

  • Taxes (6 mo): 2234.00

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
Jul 2, 2020
Closed on
Mar 29, 2021
Sold by
Wedge Leonard F
Bought by
Paddyfote Natalie F and Paddyfote Solomon A
Seller's Agent
Bethany Scott
BRIDGES & CO, REALTORS(r)
Buyer's Agent
Janie Whitlow
THE REAL ESTATE GROUP
List Price
$249,999
Sold Price
$240,000
Premium/Discount to List
-$9,999
-4%
Current Estimated Value
$389,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,666
Avg. Annual Appreciation
10.69%
Original Mortgage
$192,000
Outstanding Balance
$172,790
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$216,876

Purchase Details

Closed on
Jul 22, 2019
Sold by
Roberts Robert S and Roberts Regina C
Bought by
Roberts Robert S and Roberts Regina C

Purchase Details

Closed on
Aug 21, 2006
Sold by
Garst Michael O and Garst Elizabeth K
Bought by
Wedge Leonard F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Paddyfote Natalie F $240,000 Old Republic Natl Ttl Ins Co
Roberts Robert S -- None Available
Wedge Leonard F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paddyfote Natalie F $192,000
Previous Owner Wedge Leonard F $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $240,000 -4.0% $106 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
07/02/2020 07/02/20 For Sale $249,999 -- $111 / 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 $1,769 $299,800 $41,700 $258,100
2024 $1,657 $276,200 $39,300 $236,900
2023 $2,899 $241,600 $36,800 $204,800
2022 $2,648 $220,700 $32,900 $187,800
2021 $2,365 $197,100 $30,900 $166,200
2020 $2,234 $186,200 $30,900 $155,300
2019 $2,194 $182,800 $30,900 $151,900
2018 $2,093 $177,400 $29,500 $147,900
2017 $2,074 $175,800 $29,500 $146,300
2016 $2,074 $175,800 $29,500 $146,300
2015 $2,050 $173,700 $28,000 $145,700
2014 $2,050 $173,700 $28,000 $145,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 870933

Roanoke Valley Association of REALTORS®

APN: 60-2-4