NOT LISTED FOR SALE

1002 Red Ln Salem, VA 24153

Estimated Value: $321,000 - $415,000

4 Beds
2.5 Baths
2,644 Sq Ft
$134/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $220,000 $83 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,005/month

3 Days on Market

Highlights

  • Deck
  • No HOA
  • Community Pool
  • Salem High School Rated A-
  • Screened Porch
  • Breakfast Area or Nook

About This Home

As of July 2020

Very well taken care of in great Salem City location. Spacious interior w new hardwood floor in LR and hall, screened back porch off of master, big patio w hot and cold water spigots, large, flat fenced yard, huge garage w 1/2 bath. This is truly a must-see home.

Last Agent to Sell the Property

Liz Bowles

WAINWRIGHT & CO., REALTORS(r) License #0225199890 Listed on: 06/04/2020

WAINWRIGHT & CO.,  REALTORS(r)

Last Buyer's Agent

Nicole Belcher

KELLER WILLIAMS REALTY ROANOKE License #0225222671

KELLER WILLIAMS REALTY ROANOKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,427

Year Built

  • Built in 1989

Lot Details

  • 0.35 Acre Lot
  • Fenced Yard
  • Level Lot
  • Cleared Lot

Home Design

  • Split Foyer
  • Slab Foundation

Interior Spaces

  • 2,644 Sq Ft Home
  • Ceiling Fan
  • Insulated Doors
  • Screened Porch
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Schools

  • West Salem Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 5A

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,427

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Ceiling Fan, Storage, Walk-in-Closet
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Major Appliances: Clothes Dryer, Dishwasher, Garage Door Opener, Range Gas
  • Cooling System: Central Cooling
  • Outside Features: Deck, Fenced Yard, Patio, Paved Driveway, Screened Porch
  • BedroomsBRLowerLevel: 2
  • BedroomsBRUpperLevel: 2
  • EntryAboveGrdFin Sq Ft: 1844.00
  • Entry Below Grd Fin S Q F T: 800
  • ExteriorDoors: Insulated
  • FullBathsFullBathsLowerLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 2644
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2020-06-07
  • Residential Type: Detached
  • Style Of House: Split-Foyer
  • Total Above Grd Fin S Q F T: 1844
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2644.00
  • TotalHBaths: 1
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Maint-Free Exterior

Schools

  • Elementary School: West Salem
  • Middle School: Andrew Lewis
  • High School: Salem High

Lot Info

  • Lot Description: Cleared, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.35
  • Lot: 5A

Building Info

  • Year Built: 1989

Tax Info

  • Taxes (6 mo): 2427.00
  • FILLTAXID: 41-2-2

MLS Schools

  • Elementary School: West Salem
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 8, 2020
Sold by
Poff Gregory L and Poff Danna M
Bought by
Fell Luke E and Brimer Allyson R
Seller's Agent
Liz Bowles
WAINWRIGHT & CO., REALTORS(r)
Buyer's Agent
Nicole Belcher
KELLER WILLIAMS REALTY ROANOKE
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Current Estimated Value
$355,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,077
Avg. Annual Appreciation
9.53%
Original Mortgage
$209,000
Outstanding Balance
$185,671
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$169,406
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
Fell Luke E $220,000 First Choice Title & Setmnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fell Luke E $209,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2020 07/24/20 Sold $220,000 -2.2% $83 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $225,000 -- $85 / 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 $1,716 $290,800 $52,700 $238,100
2024 $1,637 $272,800 $51,300 $221,500
2023 $2,935 $244,600 $49,000 $195,600
2022 $2,682 $223,500 $45,200 $178,300
2021 $2,483 $206,900 $42,000 $164,900
2020 $2,428 $202,300 $39,600 $162,700
2019 $2,357 $196,400 $39,600 $156,800
2018 $2,261 $191,600 $39,600 $152,000
2017 $2,240 $189,800 $39,600 $150,200
2016 $2,240 $189,800 $39,600 $150,200
2015 $2,196 $186,100 $39,500 $146,600
2014 $2,196 $186,100 $39,500 $146,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 870014

Roanoke Valley Association of REALTORS®

APN: 41-2-2