NOT LISTED FOR SALE

847 Craig Ave Salem, VA 24153

Estimated Value: $351,000 - $424,000

4 Beds
3 Baths
2,414 Sq Ft
$165/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $319,000 $132 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,269/month

5 Days on Market

Highlights

  • Under Construction
  • Deck
  • Front Porch
  • G.W. Carver Elementary School Rated 9+
  • No HOA
  • Central Air

About This Home

As of March 2022

New construction on large corner lot, 2 story home with walkout basement, featuring 4 bedrooms, 3 full baths, open floor plan, Kitchen with Granite tops, Dining room, split Master design on main level, Laundry. Huge Family room on lower level with 4th bed/full bath. Maintenance free exterior, front porch, deck off the back. Tons of storage! Can still pick paint color! Driveway at main level and below entry. Large lot!

Last Agent to Sell the Property

Julie Poff

MKB, REALTORS(r) License #0225063336 Listed on: 12/20/2021

MKB, REALTORS(r)

Last Buyer's Agent

Steven Caldwell

RE/MAX ALL STARS License #0225049225

RE/MAX ALL STARS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,700

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 0.27 Acre Lot
  • Lot Sloped Up

Home Design

  • Stone Siding

Interior Spaces

  • 2,414 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Basement

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

Parking

  • 2 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Front Porch

Schools

  • G. W. Carver Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,700

Year Built

Built in 2021 | Under Construction

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Cooling System: Central Cooling
  • Outside Features: Deck
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • BedroomsBRLowerLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1420.00
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 2414
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • OtherBelowGrdFin Sq Ft: 994.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2021-12-25
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 1420
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2414.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: NewHome
  • 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
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Maint-Free Exterior, New Construction, Paved Road

Schools

  • Elementary School: G. W. Carver
  • Middle School: Andrew Lewis
  • High School: Salem High

Lot Info

  • Lot Description: Up Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.27
  • Lot: 9

Building Info

  • Year Built: 2021

Tax Info

  • Taxes (6 mo): 3700.00
  • FILLTAXID: 38-4-3

MLS Schools

  • Elementary School: G. W. Carver
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Mar 17, 2022
Sold by
Keven Poff M
Bought by
Scott Isaac Louis and Scott Charlene
Seller's Agent
Julie Poff
MKB, REALTORS(r)
Buyer's Agent
Steven Caldwell
RE/MAX ALL STARS
List Price
$319,000
Sold Price
$319,000
Current Estimated Value
$399,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,086
Avg. Annual Appreciation
6.44%
Original Mortgage
$319,000
Outstanding Balance
$297,948
Interest Rate
3.89%
Mortgage Type
VA
Estimated Equity
$101,138

Purchase Details

Closed on
Jan 29, 2021
Sold by
Guglielmo Rocco Gerald
Bought by
Poff M Keven

Purchase Details

Closed on
Jul 27, 2007
Sold by
Oneal Labern H and Oneal Barbara J
Bought by
Guglielmo Rocco Gerard
Source: Public Records

Range of Values:

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Average Value
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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
Scott Isaac Louis $319,000 Century Title Services
Poff M Keven $24,000 Fidelity National Title
Guglielmo Rocco Gerard $20,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Isaac Louis $319,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $319,000 0.0% $132 / Sq Ft
12/25/2021 12/25/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $319,000 -- $132 / 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 $1,911 $323,900 $33,500 $290,400
2024 $1,782 $297,000 $31,500 $265,500
2023 $3,266 $272,200 $29,600 $242,600
2022 $3,006 $250,500 $26,400 $224,100
2021 $298 $24,800 $24,800 $0
2020 $298 $24,800 $24,800 $0
2019 $298 $24,800 $24,800 $0
2018 $278 $23,600 $23,600 $0
2017 $278 $23,600 $23,600 $0
2016 $328 $27,800 $27,800 $0
2015 $319 $27,000 $27,000 $0
2014 $319 $27,000 $27,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 885942

Roanoke Valley Association of REALTORS®

APN: 38-4-3