NOT LISTED FOR SALE

701 Joan Cir Salem, VA 24153

Salem Area

Estimated Value: $535,466 - $582,000

4 Beds
3.5 Baths
3,402 Sq Ft
$164/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2023

Last sale price $500,000 $147 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,273 / mo

Highlights

  • Colonial Architecture
  • Family Room with Fireplace
  • Fenced Yard
  • Deck
  • No HOA
  • Garden

About This Home

As of November 2023

Beautiful 4 BR brick home located in the popular Karen Hills subdivision in Salem on a level lot with over $80k in updates the past 4 years (see Documents for full list)! This home features a completely remodeled kitchen as well as an updated family room downstairs. The fenced back yard is level with a pergola and gas fire pit making it perfect for entertaining. Downstairs the family room would be great for watching movies, and a non-conforming 5th BR could easily be an office instead.

Last Agent to Sell the Property

David Phillips

Phillips Real Estate License #225050513 Listed on: 11/06/2023

Last Buyer's Agent

Non-MLS Non-MLS

Non-MLS Office

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 12,632 Sq Ft Lot
  • Fenced Yard
  • Garden
  • Property is in very good condition

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,402 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Attic Access Panel

Kitchen

  • Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 242415

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0.29 Acres

Listing Details

  • Appearance: Very Good
  • Estimated Total Finished Sq Ft: 3402
  • Class: Residential
  • County Or City: Roanoke
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: Lt 12 Blk 6 Sec 4 Karen Hills
  • Lvt Date: 11/06/2023
  • Parcel Nbr: 242415
  • Property Sub Type: Detached
  • Bathrooms in the Basement: 1
  • Number of Upper Level Bathrooms: 2
  • Room Level Bedrooms Uppe: 4
  • Main Level Half Bathrooms: 1
  • Style Structure Home: Colonial
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Appliances: Dishwasher, Disposal, Dryer/Electric, Microwave, Oven, Range/Gas, Refrigerator, Washer
  • Attic: Access Only
  • Basement: Finished, Full
  • Bedrooms: 4
  • Fireplace: Family Room, Living Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Exterior Features: Deck, Fenced Yard, Garden Space
  • Exterior Finish: Brick

Garage/Parking

  • Garage Carport: Double Attached

Utilities

  • Air Conditioner: Central Electric
  • Heating: Gas-Natural
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: None

Lot Info

  • Lot Size: 12632.4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Nov 20, 2023
Sold by
Bought by
Seller's Agent
David Phillips
Phillips Real Estate
Buyer's Agent
Non-MLS Non-MLS
Non-MLS Office
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%
Views
42
Current Estimated Value
$557,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,117
Avg. Annual Appreciation
4.13%
Original Mortgage
$400,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Salem, VA

  • Lisa Martin Real Estate Agent - LISA & CO., REALTORS(r)

    Lisa Martin

    LISA & CO., REALTORS(r)

    (540) 592-4413

    105 Total Sales

    2 in Salem

    $206K - $237K Price Range

    Lisa Martin
     Section Image

  • GA

    Greg Alexander

    KW SALEM PROFESSIONALS

    (540) 240-9568

    94 Total Sales

    5 in Salem

    $222K - $495K Price Range

    Greg Alexander
     Section Image
  • Kevin Westlake Real Estate Agent - KEYSTONE REALTY OF ROANOKE LLC

    Kevin Westlake

    KEYSTONE REALTY OF ROANOKE LLC

    (540) 240-9772

    46 Total Sales

    1 in Salem

    $312,900 Price

    Kevin Westlake
     Section Image
  • Amanda Patterson Real Estate Agent - VARNEY REALTY PARTNERS

    Amanda Patterson

    VARNEY REALTY PARTNERS

    (540) 452-9637

    54 Total Sales

    2 in Salem

    $265K - $486K Price Range

    Amanda Patterson
     Section Image

  • TH

    Tim Hash

    Responds Quickly

    MOUNTAIN CITY REALTY & AUCTION LLC

    (540) 240-9970

    70 Total Sales

    6 in Salem

    $150K - $340K Price Range

    Tim Hash
     Section Image
  • Christopher Kidd Carter Real Estate Agent - LONG & FOSTER - ROANOKE OFFICE

    Christopher Kidd Carter

    LONG & FOSTER - ROANOKE OFFICE

    (540) 900-1911

    156 Total Sales

    4 in Salem

    $170K - $670K Price Range

    Christopher Kidd Carter
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 Performance Title
$335,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $405,000
Closed $400,000
Previous Owner $305,600
Previous Owner $301,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold $500,000 0.0% $147 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
11/06/2023 11/06/23 For Sale $499,900 -- $147 / Sq Ft
Source: New River Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,459 $416,800 $50,400 $366,400
2024 $2,063 $343,900 $47,900 $296,000
2023 $3,875 $322,900 $45,400 $277,500
2022 $3,613 $301,100 $40,300 $260,800
2021 $3,496 $291,300 $37,800 $253,500
2020 $3,335 $277,900 $37,800 $240,100
2019 $3,283 $273,600 $37,800 $235,800
2018 $3,206 $271,700 $37,800 $233,900
2017 $3,173 $268,900 $37,800 $231,100
2016 $3,173 $268,900 $37,800 $231,100
2015 $3,034 $257,100 $37,500 $219,600
2014 $3,034 $257,100 $37,500 $219,600
Source: Public Records

Agents Affiliated with this Home

  • David Phillips Real Estate Agent - Phillips Real Estate

    Seller's Agent in 2023

    David Phillips

    Phillips Real Estate

    (540) 250-6730

    143 Total Sales

    David Phillips
    Section Image

  • N

    Buyer's Agent in 2023

    Non-MLS Non-MLS

    Non-MLS Office

See All Agents

Map

Source: New River Valley Association of REALTORS®

MLS Number: 419569

New River Valley Association of REALTORS®

APN: 242-4-15

Virginia Salem City County Salem 24153

701 Joan Cir, Salem, VA

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.

New River 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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