NOT LISTED FOR SALE

714 Pyrtle Dr Unit 716 Salem, VA 24153

Estimated Value: $273,000 - $340,000

4 Beds
2 Baths
2,458 Sq Ft
$123/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $156,500 $64 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,798/month

44 Days on Market

Highlights

  • No HOA
  • Walk-In Closet
  • Central Air
  • Salem High School Rated A-

About This Home

As of May 2016

Back on the Market! Fantastic Brick Duplex in Salem. Each side has 2 Bedrooms, Kitchen, Living Room & Large Den. One side has 1.5 Baths and a Large Screened Porch. the other side has One Bath and a Large Open Deck. Fenced-in Yard. Each side has its own Driveway.

Last Agent to Sell the Property

Patty Meyers

LONG & FOSTER - ROANOKE OFFICE License #0225060762 Listed on: 03/16/2016

LONG & FOSTER - ROANOKE OFFICE

Last Buyer's Agent

Patty Meyers

LONG & FOSTER - ROANOKE OFFICE License #0225060762 Listed on: 03/16/2016

LONG & FOSTER - ROANOKE OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,916

Year Built

  • Built in 1972

Lot Details

  • 0.36 Acre Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • Walk-In Closet
  • 2,458 Sq Ft Home
  • Crawl Space

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block C / 4

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Kimball Acres Subdivision

Building Details

  • 2 Leased Units
  • Maintenance Expense $1,112
  • Manager Expense $1,344
  • Other Expense $600
  • Water Sewer Expense $400
  • New Taxes Expense $1,916
  • Operating Expense $5,772
  • Gross Income $16,800
  • Net Operating Income $11,028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,916

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Interior Features: Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Crawl Space
  • Cooling System: Central Cooling
  • ExpensesManagementExp: 1344.00
  • ExpensesOtherExp: 600.00
  • ExpensesTaxExp: 1916.00
  • Major Area: 03 - City of Salem
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2016-04-29
  • SubdivisionMap: Kimball Acres
  • TotalAnnualExpen: 5772.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Public Sewer
  • Expenses Water Exp: 400.00
  • Water Description: Public Water
  • Water Heater Type: Tank

Schools

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

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.36
  • Lot: C
  • Present Use: Built-As

Building Info

  • Year Built: 1972

Tax Info

  • Taxes (6 mo): 1916.00
  • FILLTAXID: 236-6-7

Multi Family

  • Tenant Pays: Electricity
  • Units In Building: 2.00
  • Multi Family Type: Duplex

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
Mar 16, 2016
Closed on
May 25, 2016
Sold by
Heck Carol Hurley
Bought by
Kay Walter A
Seller's Agent
Patty Meyers
LONG & FOSTER - ROANOKE OFFICE
Buyer's Agent
Patty Meyers
LONG & FOSTER - ROANOKE OFFICE
List Price
$164,950
Sold Price
$156,500
Premium/Discount to List
-$8,450
-5.12%
Current Estimated Value
$303,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,058
Avg. Annual Appreciation
7.54%
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 Buyer Sale Price Title Company
Kay Walter A $156,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $156,500 -5.1% $64 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $164,950 -- $67 / 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 $1,281 $213,500 $40,600 $172,900
2023 $2,393 $199,400 $38,900 $160,500
2022 $2,269 $189,100 $34,600 $154,500
2021 $2,221 $185,100 $33,000 $152,100
2020 $2,118 $176,500 $33,000 $143,500
2019 $1,997 $166,400 $33,000 $133,400
2018 $1,932 $163,700 $31,400 $132,300
2017 $1,929 $163,500 $31,400 $132,100
2016 $1,916 $162,400 $31,400 $131,000
2015 $1,822 $154,400 $29,000 $125,400
2014 $1,822 $154,400 $29,000 $125,400
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Patty Meyers

    LONG & FOSTER - ROANOKE OFFICE

    (540) 989-0863

    24 Total Sales

    Patty Meyers
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 823952

Roanoke Valley Association of REALTORS®

APN: 236-6-7

Virginia Salem City County Salem 24153

714 Pyrtle Dr Unit 716, Salem, VA

This home is located at 714 Pyrtle Dr Unit 716, Salem, VA 24153 since 16 March 2016 and is currently estimated at $303,558, approximately $123 per square foot. This property was built in 1972. 714 Pyrtle Dr Unit 716 is a home located in Salem City with nearby schools including South Salem 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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