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2124 Bainbridge Drive

2124 Bainbridge Drive, Salem, VA 24153
Property in Ridge Wood Park
Sold Jul 17, 2023
$149,000,000
$108,000 by Alcova Mortgage Llc
Mortgage Due Aug 01, 2053
Sold Aug 18, 2010
$145,000
$145,000 by Branch Banking And Trust Co
Mortgage Due Sep 01, 2040
2124 Bainbridge Drive in Salem, VA was first built in 1966 and is 58 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2124 Bainbridge Drive has 997 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 975 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 9,017 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 463 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2124 Bainbridge Drive sold most recently in Jun 29, 2023 for a total of $149,000,000. If you work out the math, that's approximately a cost of $149,448.35 per sqft. Before that, the property was also sold for $145,000 in Aug 16, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,027 in taxes each year. 2124 Bainbridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $168,900. If we break it down further, the land itself was valued at $37,700. Improvements to the property, however, were assessed at a total of $131,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Type: Finished improved basement
  • Basement Area: 975
  • Garage Type: Attached
  • Garage Square Area: 463
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,017
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 997
  • Building Area: 997
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 997
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BOULEVARD
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 5 BLK 8 BOULEVARD ESTATES

Ownership

  • Current Owner : STEPHENSON MONICA JILL
  • Previous Owner : MEREDITH JAMES R
  • Previous Owner 2: DILLON WANDA JANE
  • Owner Before Previous Owner: NOLAN MICHAEL S
  • Owner Before Previous Owner 2: NOLAN SARAH C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Salem City Public Schools
  • Census Tract: 010300

Zoning

  • Zoning: RSF

Geography

  • Assessors Map Reference: MAP 224
  • Parcel: Apr 05, 0224
  • Block: 8
  • Lot: 5
  • Municipality: SALEM CITY
  • Latitude: 37.2785
  • Longitude: -80.018

    Address

  • Full Address: 2124 Bainbridge Dr
  • Address - House Number: 2124
  • Address - Street Name: Bainbridge
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Salem
  • Carrier Code: C019
  • 4-Digit Zip Code: 5621
  • Zip Code: 24153

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,027

    Appraisal Valuation

  • Standard Deviation: 0.2023
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 72
  • Final Value: 227,564
  • High Value: 273,610
  • Low Value: 181,518

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $108,000
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 17, 2023
  • First Open Lien Mortgage Loan Amount: $108,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $168,900
  • Market Land Value: $37,700
  • Market Improvement Value: $131,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,900
  • Assessed Land Value: $37,700
  • Assessed Improvements Value: $131,200

    Sales

  • Current Sale Contract Date: Jun 29, 2023
  • Current Sale Recording Date: Jul 17, 2023
  • Current Sale Transaction ID: 11916210690
  • Current Sale Price: $149,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1273
  • Previous Sale Recording Date: Aug 18, 2010
  • Previous Sale Contract Date: Aug 16, 2010
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 17, 2023
  • First Mortgage Loan Amount: $108,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Aug 18, 2010
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $145,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Sep 01, 2040

About Peters Creek South



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Frequently Asked Questions

What neighborhood is 2124 Bainbridge Drive located in?
The 2124 Bainbridge Drive is a located in the neighborhood of Ridge Wood Park in Peters Creek South, Salem.
What is the average sales price for listings in 2124 Bainbridge Drive?
The average sales price for units in 2124 Bainbridge Drive is $0 currently.

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