NOT LISTED FOR SALE

775 Paragon Ave Salem, VA 24153

Estimated Value: $456,671 - $564,000

4 Beds
3.5 Baths
3,118 Sq Ft
$161/Sq Ft Est. Value

Sale Details

Date Sold: October 23, 2019

Last sale price $300,000 $96 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,804 / mo

14 Days on Market

Highlights

  • 1.12 Acre Lot
  • Great Room with Fireplace
  • No HOA
  • Deck
  • Whirlpool Bathtub
  • Cul-De-Sac

About This Home

As of October 2019

Great Salem home offering wonderful privacy and upgrades throughout! Home is located on 1.1 acre lot (cul-de-sac street) with views off rear deck, yet still convenient to Salem and Roanoke amenities. Home includes spacious great room with tray ceiling, gourmet kitchen you will love with custom cabinets, stainless appliances, and granite counter tops, open to dining area, 2 lovely master suites (one on living level), living level laundry, updated baths (one with jacuzzi tub), double car garage and more. This quality home is move in ready for you!

Last Agent to Sell the Property

Lesley Owen

COLDWELL BANKER TOWNSIDE, REALTORS(r) License #0225039088 Listed on: 09/11/2019

COLDWELL BANKER TOWNSIDE, REALTORS(r)

Last Buyer's Agent

Steve Stevens

RE/MAX REAL ESTATE ONE License #0225098053

RE/MAX REAL ESTATE ONE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1964

Lot Details

  • 1.12 Acre Lot
  • Cul-De-Sac

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,118 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Great Room with Fireplace

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Shed
  • Play Equipment
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • East Homeplace Subdivision

Listing and Financial Details

  • Legal Lot and Block New Lt 22-A / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,770

Year Built

Built in 1964

Lot Details

1.12 Acres

Listing Details

  • Interior Features: Book Shelves, Walk-in-Closet, Whirlpool Bath
  • Heating System: Heat Pump Electric
  • Fireplace(s): Great Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Garage Door Opener, Range Gas, Range Hood, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Deck, Paved Driveway, Playhouse, Storage Shed
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1867.00
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • OtherAboveGrdFin Sq Ft: 616.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 3118
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3118.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 616.00
  • Unfinished Attached S Q F T Other Above Grd Unfin S Q F T: 616.00
  • UpperAboveGrdFin Sq Ft: 635.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Cable TV, Cul-de-sac, Paved Road

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.12
  • Lot: New Lt 22-A

Building Info

  • Year Built: 1964

Tax Info

  • Taxes (6 mo): 2770.00

MLS Schools

  • Elementary School: East Salem
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Oct 3, 2019
Sold by
Magenbauer Stephen
Bought by
Wallace Joseph and Wallace Laura
Seller's Agent
Lesley Owen
COLDWELL BANKER TOWNSIDE, REALTORS(r)
Buyer's Agent
Steve Stevens
RE/MAX REAL ESTATE ONE
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%
Current Estimated Value
$501,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,168
Avg. Annual Appreciation
8.20%
Original Mortgage
$269,500
Outstanding Balance
$236,096
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$265,072
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wallace Joseph $300,000 Acquisition Ttl & Setmnt Agc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Joseph $269,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2019 10/23/19 Sold $300,000 +0.3% $96 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $299,000 -- $96 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $1,986 $336,600 $63,700 $272,900
2024 $1,979 $329,800 $57,300 $272,500
2023 $3,622 $301,800 $52,500 $249,300
2022 $3,428 $285,700 $49,800 $235,900
2021 $3,356 $279,700 $47,400 $232,300
2020 $2,771 $230,900 $47,400 $183,500
2019 $2,771 $230,900 $47,400 $183,500
2018 $2,682 $227,300 $45,000 $182,300
2017 $2,755 $233,500 $45,000 $188,500
2016 $2,755 $233,500 $45,000 $188,500
2015 $2,653 $224,800 $56,800 $168,000
2014 $2,653 $224,800 $56,800 $168,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 863129

Roanoke Valley Association of REALTORS®

APN: 260-1-12

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