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2409 Karen Drive

2409 Karen Drive, Salem, VA 24153
House in Salem
Sold Sep 24, 2020
$245,000
$145,000 by Embrace Home Loans Inc
Mortgage Due Oct 01, 2050
2409 Karen Drive has been categorized by the local assessors in Salem, VA as a residential type of property. The building on the property was first built in 1978 and is 46 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2409 Karen Drive has 1,421 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,400 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 15,943 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as good. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 2409 Karen Drive sold most recently in Sep 23, 2020 for a total of $245,000. If you work out the math, that's approximately a cost of $172.41 per sqft. 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 $2,842 in taxes each year. 2409 Karen Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $236,800. If we break it down further, the land itself was valued at $45,600. Improvements to the property, however, were assessed at a total of $191,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 1,400
  • Garage Type: Underground/basement
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 15,943
  • Total Building Area: 1,421
  • Building Area: 1,421
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,421
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KAREN HILLS
  • Land Acres: 0.366
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 9 BLK 2 SEC 1 KAREN HILLS

Ownership

  • Current Owner : FARIS DANIEL W
  • Current Owner 2: FARIS MARTHA P
  • Previous Owner : STOVER JOHN W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salem City Public Schools
  • Census Tract: 010502

Zoning

  • Zoning: RSF

Geography

  • Assessors Map Reference: MAP 242
  • Parcel: Jul 05, 0242
  • Block: 2
  • Lot: 9
  • Municipality: SALEM CITY
  • Latitude: 37.2716
  • Longitude: -80.0724

    Address

  • Full Address: 2409 Karen Dr
  • Address - House Number: 2409
  • Address - Street Name: Karen
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Salem
  • Carrier Code: C020
  • 4-Digit Zip Code: 6646
  • Zip Code: 24153

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,842

    Appraisal Valuation

  • Standard Deviation: 0.1526
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 319,516
  • High Value: 368,304
  • Low Value: 270,728

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $145,000
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 24, 2020
  • First Open Lien Mortgage Loan Amount: $145,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $236,800
  • Market Land Value: $45,600
  • Market Improvement Value: $191,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,800
  • Assessed Land Value: $45,600
  • Assessed Improvements Value: $191,200

    Sales

  • Current Sale Contract Date: Sep 23, 2020
  • Current Sale Recording Date: Sep 24, 2020
  • Current Sale Transaction ID: 11789212571
  • Current Sale Price: $245,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200002631

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: Sep 24, 2020
  • First Mortgage Loan Amount: $145,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Salem



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Frequently Asked Questions

What neighborhood is 2409 Karen Drive located in?
The 2409 Karen Drive is a house located in the neighborhood of Salem in Salem, Salem.
What is the average sales price for listings in 2409 Karen Drive?
The average sales price for units in 2409 Karen Drive is $0 currently.

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