$326,000
SOLD SEP 25, 2024

720 Bonnie Ln Salem, VA 24153

4 Beds
3 Baths
2,434 Sq Ft
0.46 Acres

Recently Sold

$134 Per Sq Ft

5 Days on Market

Highlights

  • Deck
  • No HOA
  • Google Fiber
  • Salem High School Rated A-
  • Breakfast Area or Nook
  • Cul-De-Sac

About This Home

As of September 2024

Welcome to this exceptionally well-maintained home in the highly sought after Karen Hills neighborhood. This property is located on the end of a quiet, cul-de-sac street. It is perfect for extended family living or guest accommodations with two spacious living areas, each with its own living room, laundry room and full kitchen. Between the two living spaces there is a total of 4 bedrooms, 3 full baths, and a private backyard with a lovely back patio. Don't miss this rare opportunity to own a truly immaculate home in a prime location. List of the extensive improvement avalable.

Last Agent to Sell the Property

Abigail Cooper

MKB, REALTORS(r) License #0225255580 Listed on: 08/08/2024

MKB, REALTORS(r)

Last Buyer's Agent

Christy Crouch

RE/MAX ALL POINTS License #0225020100

RE/MAX ALL POINTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,812

Year Built

  • Built in 1980

Lot Details

  • 0.46 Acre Lot
  • Cul-De-Sac

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,434 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Bay Window
  • Living Room with Fireplace
  • Storage
  • Attic Fan

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 4 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Rear Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 3 / 11

Community Details

Overview

  • No Home Owners Association
  • Karen Hills Subdivision

Amenities

  • Restaurant
  • Google Fiber

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,812

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Ceiling Fan, Storage
  • Heating System: Forced Air Gas
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Bay Window, Deck, Patio, Paved Driveway
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1050.00
  • ExteriorDoors: Full View, Screen
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 2434
  • Internet Access: Fiber
  • InternetAccessCurntInternetProv: Glo Fiber
  • LaundryLaundryEntryLevel: 1
  • LaundryLaundryUpperLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2024-08-13
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 2434
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2434.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1384.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch, Side Porch

Utilities

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

Association/Amenities

  • Misc Features: Cul-de-sac, In-Law Quarters, Paved Road

Schools

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

Green Features

  • Energy Features: Attic Fan

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.46
  • Lot: 3

Building Info

  • Year Built: 1980

Tax Info

  • Taxes (6 mo): 2811.60
  • FILLTAXID: 243-1-8

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
Aug 8, 2024
Closed on
Sep 25, 2024
Sold by
Habeeb Kathleen A
Bought by
Hill Joseph and Hill Cynthia
Seller's Agent
Abigail Cooper
MKB, REALTORS(r)
Buyer's Agent
Christy Crouch
RE/MAX ALL POINTS
List Price
$325,000
Sold Price
$326,000
Premium/Discount to List
$1,000
0.31%
Views
10
Current Estimated Value
$385,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,780
Avg. Annual Appreciation
23.17%
Original Mortgage
$251,000
Outstanding Balance
$249,146
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$142,462

Purchase Details

Closed on
Nov 18, 2022
Sold by
Miller Nancy C
Bought by
Miller Nancy C and Miller Brent A

Purchase Details

Closed on
Apr 28, 2005
Sold by
Simpson Joan M
Bought by
Habeeb Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.95%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed $326,000 Impact Title & Settlement Llc
Deed -- None Listed On Document
Deed $160,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $251,000 New Conventional
Previous Owner $144,000 New Conventional
Previous Owner $25,300 Credit Line Revolving
Previous Owner $151,500 New Conventional
Previous Owner $30,000 Credit Line Revolving
Previous Owner $128,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $326,000 +0.3% $134 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $325,000 -- $134 / 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 $1,560 $260,000 $48,500 $211,500
2023 $2,812 $234,300 $45,900 $188,400
2022 $2,579 $214,900 $40,800 $174,100
2021 $2,399 $199,900 $38,300 $161,600
2020 $2,374 $197,800 $38,300 $159,500
2019 $2,308 $192,300 $38,300 $154,000
2018 $2,217 $187,900 $38,300 $149,600
2017 $2,198 $186,300 $38,300 $148,000
2016 $2,182 $184,900 $38,300 $146,600
2015 $2,158 $182,900 $37,500 $145,400
2014 $2,158 $182,900 $37,500 $145,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 909869

Roanoke Valley Association of REALTORS®

APN: 243-1-8