NOT LISTED FOR SALE

102 Lake Ave Salem, VA 24153

Estimated Value: $236,000 - $263,000

3 Beds
2 Baths
1,896 Sq Ft
$131/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $210,000 $111 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,429/month

88 Days on Market

Highlights

  • No HOA
  • Detached Carport Space
  • Ceiling Fan
  • Shed
  • Central Air

About This Home

As of April 2022

Incredible Salem location. Brick 1.5 story home with a full bath on each level. Features new roof, central air, hardwood floors, full unfinished basement and detached carport. Also sports a work shop with electric. Wood floors just refinished and fresh paint.

Last Agent to Sell the Property

Jason Roggensee

THE GRANDIN AGENCY License #0225217008 Listed on: 12/03/2021

Last Buyer's Agent

ANASTASIA M THOMPSON

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225083789

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,532

Year Built

  • Built in 1946

Lot Details

  • 0.26

Parking

  • Detached Carport Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Radiator
  • Electric Water Heater

Additional Features

  • Shed
  • Lot Dimensions are 75x150

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1 Adj.Strip Bittle

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,532

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Radiator Gas Heat
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Paved Driveway, Storage Shed
  • BedroomsBREntryLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 864.00
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 600.00
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Detached
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • SubdivisionMap: AP Bailey Map
  • Total Above Grd Fin S Q F T: 1296
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1896.00
  • TotalUnfin Sq Ft: 264.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 264.00
  • UpperAboveGrdFin Sq Ft: 432.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Lot Info

  • Lot Description: Varied
  • Lot Dimensions: 75x150
  • Property Group Id: 19990816212109142258000000
  • Lot: 1 Adj.Strip Bittle

Building Info

  • Year Built: 1946

Tax Info

  • Taxes (6 mo): 1532.40

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
Dec 3, 2021
Closed on
Apr 1, 2022
Sold by
Kimberly Hamill
Bought by
Redd Samuel D and Redd Casey D
Seller's Agent
Jason Roggensee
THE GRANDIN AGENCY
Buyer's Agent
ANASTASIA M THOMPSON
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$199,900
Sold Price
$210,000
Premium/Discount to List
$10,100
5.05%
Current Estimated Value
$256,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,757
Avg. Annual Appreciation
4.48%
Original Mortgage
$206,196
Outstanding Balance
$191,613
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$56,661

Purchase Details

Listed on
Apr 17, 2012
Closed on
May 23, 2012
Sold by
Wheeler Hunt Irene and Wheeler Neil W
Bought by
Katalenas Peter and Katalenas Louise
Seller's Agent
Egon Hofmann
BARKER REALTY CO
Buyer's Agent
Christy Crouch
RE/MAX ALL POINTS
List Price
$126,000
Sold Price
$126,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$126,000
Interest Rate
3.85%
Mortgage Type
VA

Purchase Details

Listed on
Apr 17, 2012
Closed on
Apr 25, 2012
Sold by
Hunt Irene Wheeler
Bought by
Hunt Keystone Irrevocable Trust
Seller's Agent
Egon Hofmann
BARKER REALTY CO
Buyer's Agent
Christy Crouch
RE/MAX ALL POINTS
List Price
$126,000
Sold Price
$126,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.85%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Redd Samuel D $210,000 Virginia Title Center
Katalenas Peter $126,000 First Choice Title & Settlem
Wheeler Hunt Irene -- None Available
Hunt Keystone Irrevocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redd Samuel D $206,196
Closed Redd Samuel D $7,350
Previous Owner Katalenas Peter $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2022 04/01/22 Sold $210,000 +5.1% $111 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
12/03/2021 12/03/21 For Sale $199,900 +58.7% $105 / Sq Ft
05/31/2012 05/31/12 Sold $126,000 0.0% $66 / Sq Ft View Prior Sale
04/26/2012 04/26/12 Pending -- -- --
04/17/2012 04/17/12 For Sale $126,000 -- $66 / 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 $1,152 $195,200 $48,400 $146,800
2024 $1,094 $182,300 $46,800 $135,500
2023 $1,975 $164,600 $44,200 $120,400
2022 $1,666 $138,800 $39,000 $99,800
2021 $1,591 $132,600 $36,400 $96,200
2020 $1,532 $127,700 $33,800 $93,900
2019 $1,508 $125,700 $33,800 $91,900
2018 $1,471 $124,700 $33,800 $90,900
2017 $1,458 $123,600 $33,800 $89,800
2016 $1,458 $123,600 $33,800 $89,800
2015 $1,497 $126,900 $33,500 $93,400
2014 $1,497 $126,900 $33,500 $93,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jason Roggensee

    THE GRANDIN AGENCY

    (540) 243-6940

    4 in this area

    52 Total Sales

    Jason Roggensee
    Section Image
  • ANASTASIA M THOMPSON

    Buyer's Agent in 2022

    ANASTASIA M THOMPSON

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 387-5800

    7 in this area

    62 Total Sales

    ANASTASIA M THOMPSON
    Section Image
  • Egon Hofmann

    Seller's Agent in 2012

    Egon Hofmann

    BARKER REALTY CO

    (540) 314-1627

    36 in this area

    133 Total Sales

    Egon Hofmann
    Section Image
  • Christy Crouch

    Buyer's Agent in 2012

    Christy Crouch

    RE/MAX

    (540) 312-0085

    63 in this area

    513 Total Sales

    Christy Crouch
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 885669

Roanoke Valley Association of REALTORS®

APN: 124-3-5

Virginia Salem City County Salem 24153

102 Lake Ave, Salem, VA

Not Listed for Sale

Detached

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