NOT LISTED FOR SALE

1029 Tremont Rd Salem, VA 24153

Estimated Value: $281,000 - $341,000

3 Beds
2 Baths
1,910 Sq Ft
$162/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $165,000 $86 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,778/month

48 Days on Market

Highlights

  • River View
  • 0.76 Acre Lot
  • Living Room with Fireplace
  • Salem High School Rated A-
  • Deck
  • Ranch Style House

About This Home

As of September 2019

This home is ready to move in .plenty of storeage.30x21 garage. Full size basement .large room 32x20 with fireplace.the lot is oversized.the basement is partitioned and is PLUMBED for an addition bathroom . New cooktop and newer refrigerator.well maintained home.close to walking trails. Excellent location between SALEM and Roanoke.this home is in flood plain.

Last Agent to Sell the Property

Robert Taylor

EXP REALTY LLC - STAFFORD License #0225202788 Listed on: 06/17/2019

EXP REALTY LLC - STAFFORD

Last Buyer's Agent

Robert Taylor

EXP REALTY LLC - STAFFORD License #0225202788 Listed on: 06/17/2019

EXP REALTY LLC - STAFFORD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,331

Year Built

  • Built in 1953

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 122.25x 177.10x140x206.6
  • Level Lot
  • Cleared Lot
  • Garden

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,910 Sq Ft Home
  • Ceiling Fan
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • 2 Fireplaces
  • Storage
  • River Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Outdoor Features

  • Deck

Schools

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

Utilities

  • Heat Pump System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 7 / 5

Community Details

Overview

  • No Home Owners Association
  • Orchard Court Subdivision

Amenities

  • Restaurant

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,331

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Ceiling Fan, Masonry Fireplace, Storage
  • Heating System: Gas - Natural, Heat Pump Gas
  • Fireplace(s): Basement, Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Cook Top, Dishwasher, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Gas
  • Outside Features: Deck, Garden Space
  • Views: River
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1910.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 3820
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2019-08-04
  • Residential Type: Detached
  • Style Of House: 1 Story, Ranch
  • Total Above Grd Fin S Q F T: 1910
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1910.00
  • TotalUnfin Sq Ft: 1910.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1910.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • 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

Association/Amenities

  • Misc Features: Maint-Free Exterior

Schools

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

Lot Info

  • Lot Description: Cleared, Level Lot
  • Lot Dimensions: 122.25X 177.10X140X206.6
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.76
  • Lot: 7
  • Phase: 1

Building Info

  • Year Built: 1953

Tax Info

  • Taxes (6 mo): 1331.00
  • FILLTAXID: 259-1-7 & 259-1-6.1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2019
Closed on
Aug 27, 2019
Sold by
Td Ventures Llc
Bought by
Wright George S and Wright Trina D
Seller's Agent
Robert Taylor
EXP REALTY LLC - STAFFORD
Buyer's Agent
Robert Taylor
EXP REALTY LLC - STAFFORD
List Price
$189,977
Sold Price
$165,000
Premium/Discount to List
-$24,977
-13.15%
Current Estimated Value
$309,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,030
Avg. Annual Appreciation
11.23%
Original Mortgage
$168,547
Outstanding Balance
$149,237
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$162,229

Purchase Details

Closed on
Jun 13, 2019
Sold by
Raguz Miroslav and Raguz Branka
Bought by
Td Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,150
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Wright George S $165,000 Fidelity National Ttl Ins Co
Td Ventures Llc $124,650 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright George S $168,547
Previous Owner Td Ventures Llc $126,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $165,000 -13.1% $86 / Sq Ft
08/04/2019 08/04/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $189,977 -- $99 / 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
2024 $1,132 $188,700 $32,700 $156,000
2023 $2,046 $170,500 $29,900 $140,600
2022 $1,922 $160,200 $28,500 $131,700
2021 $1,834 $152,800 $27,000 $125,800
2020 $1,768 $147,300 $27,000 $120,300
2019 $1,379 $114,900 $27,000 $87,900
2018 $1,331 $112,800 $25,600 $87,200
2017 $1,333 $113,000 $25,600 $87,400
2016 $1,331 $112,800 $25,600 $87,200
2015 $1,344 $113,900 $24,500 $89,400
2014 $1,344 $113,900 $24,500 $89,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 860303

Roanoke Valley Association of REALTORS®

APN: 259-1-7