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300 Pine Street

300 Pine Street, Salem, VA 24153
House in Salem
Sold May 27, 2020
$495,000
$250,000 by Vanderbilt Mortgage & Finance
Mortgage Due Jun 01, 2050
Sold Jun 28, 2016
$380,000
$380,000 by Fulton Bank Na
Mortgage Due Jul 01, 2046
300 Pine Street 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 1982 and is 42 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 300 Pine Street has 3,773 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 897 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 12,676 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. Moving on to the building itself. The condition of the building has been evaluated as good. The roof of the building is made of metal. The exterior walls of the building are made of materials we are unsure of. 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. 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, 300 Pine Street sold most recently in May 20, 2020 for a total of $495,000. If you work out the math, that's approximately a cost of $131.20 per sqft. Before that, the property was also sold for $380,000 in Jun 2, 2016. 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 $5,440 in taxes each year. 300 Pine Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $453,300. If we break it down further, the land itself was valued at $48,100. Improvements to the property, however, were assessed at a total of $405,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1982
  • Effective Year Built: 1982
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Exterior Walls Type: Other
  • Interior Walls Type: Plaster
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Floor Cover: Tile
  • Basement Type: Finished improved basement
  • Basement Area: 897
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,676
  • Total Building Area: 3,773
  • Building Area: 3,773
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,773
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PALMER ADDN
  • Land Acres: 0.291
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0.291 AC DIBBERN SURVEY BEING PT LTS 32-34 J H PALMER

Ownership

  • Current Owner : BURTON ANDREW TANNER
  • Current Owner 2: BURTON SOFIA L
  • Previous Owner : KRUK KELLY M
  • Previous Owner 2: KRUK AYA H
  • Owner Before Previous Owner: DIBBERN MATTHEW M
  • Owner Before Previous Owner 2: DIBBERN LEXI HANES

Neighborhood

  • School District Name: Salem City Public Schools
  • Census Tract: 010100

Zoning

  • Zoning: RSF

Geography

  • Assessors Map Reference: MAP 119
  • Parcel: Mar 01, 0119
  • Lot: 32-34
  • Municipality: SALEM CITY
  • Latitude: 37.2913
  • Longitude: -80.0472

    Address

  • Full Address: 300 Pine St
  • Address - House Number: 300
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: VA
  • City Name: Salem
  • Carrier Code: C005
  • 4-Digit Zip Code: 5305
  • Zip Code: 24153

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,440

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 632,910
  • High Value: 728,316
  • Low Value: 537,505

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: VANDERBILT MORTGAGE & FINANCE
  • First Open Lien Mortgage Recording Date: May 27, 2020
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $453,300
  • Market Land Value: $48,100
  • Market Improvement Value: $405,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $453,300
  • Assessed Land Value: $48,100
  • Assessed Improvements Value: $405,200

    Sales

  • Current Sale Contract Date: May 20, 2020
  • Current Sale Recording Date: May 27, 2020
  • Current Sale Transaction ID: 11766402915
  • Current Sale Price: $495,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200001333
  • Previous Sale Recording Date: Jun 28, 2016
  • Previous Sale Contract Date: Jun 02, 2016
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: VANDERBILT MORTGAGE & FINANCE
  • First Mortgage Transaction Date: May 27, 2020
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FULTON BANK NA
  • Previous Mortgage Transaction Date: Jun 28, 2016
  • Previous Mortgage Loan Amount: $380,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2046

About Salem



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Frequently Asked Questions

What neighborhood is 300 Pine Street located in?
The 300 Pine Street is a house located in the neighborhood of Salem in Salem, Salem.
What is the average sales price for listings in 300 Pine Street?
The average sales price for units in 300 Pine Street is $0 currently.

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