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315 Bowman Avenue

315 Bowman Avenue, Salem, VA 24153
Property in Salem
Sold May 23, 2022
$205,000
$198,850 by Kwik Mortgage Corporation
Mortgage Due Jun 01, 2052
Sold Apr 15, 2022
$210,000
315 Bowman Avenue 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 1934 and is 90 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 1 stories. In addition, 315 Bowman Avenue has 1,456 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 9,757 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. Residents will have the luxury of enjoying a covered porch. Moving on to the building itself. The condition of the building has been evaluated as average. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of stucco. 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. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in May 18, 2022 for $205,000. That's $140.80 per sqft. Prior to that sales transaction, the property was also sold in Apr 15, 2022 for $210,000. 315 Bowman Avenue was last assessed in 2023. The total value of the property was assessed at $162,200. Specifically, the land the property is located on was valued at $33,900. While improvements on the property were assessed at a total of $128,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,946. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 9,757
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,456
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SALEM
  • Land Acres: 0.224
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LTS 28-30 SEC 16 SALEM DEVELOPMENT CO

Ownership

  • Current Owner : MCNEILL NOAH
  • Current Owner 2: MCNEILL KAYLEIGH
  • Previous Owner : MCNEILL ROBERT S
  • Owner Before Previous Owner: ROANOKE BUILDERS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: RSF

Geography

  • Assessors Map Reference: MAP 216
  • Parcel: Feb 01, 0216
  • Lot: 28-30
  • Municipality: SALEM CITY
  • Latitude: 37.2776
  • Longitude: -80.0588

    Address

  • Full Address: 315 Bowman Ave
  • Address - House Number: 315
  • Address - Street Name: Bowman
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Salem
  • Carrier Code: C004
  • 4-Digit Zip Code: 6227
  • Zip Code: 24153

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,946

    Appraisal Valuation

  • Standard Deviation: 0.1715
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 227,939
  • High Value: 267,032
  • Low Value: 188,846

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,850
  • First Open Lien Mortgage Lender: KWIK MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: May 23, 2022
  • First Open Lien Mortgage Loan Amount: $198,850
  • 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, 2052

    Market Valuation

  • Market Total Value: $162,200
  • Market Land Value: $33,900
  • Market Improvement Value: $128,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,200
  • Assessed Land Value: $33,900
  • Assessed Improvements Value: $128,300

    Sales

  • Current Sale Contract Date: May 18, 2022
  • Current Sale Recording Date: May 23, 2022
  • Current Sale Transaction ID: 11906159232
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1394
  • Previous Sale Recording Date: Apr 15, 2022
  • Previous Sale Contract Date: Apr 15, 2022
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: KWIK MORTGAGE CORPORATION
  • First Mortgage Transaction Date: May 23, 2022
  • First Mortgage Loan Amount: $198,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

About Salem



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Frequently Asked Questions

What neighborhood is 315 Bowman Avenue located in?
The 315 Bowman Avenue is a located in the neighborhood of Salem in Salem, Salem.
What is the average sales price for listings in 315 Bowman Avenue?
The average sales price for units in 315 Bowman Avenue is $0 currently.

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