NOT LISTED FOR SALE

1031 Homestead Dr Salem, VA 24153

Estimated Value: $250,000 - $276,685

3 Beds
1 Bath
1,634 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $238,000 $146 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,527/month

9 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 1 Car Attached Garage
  • Salem High School Rated A-
  • No HOA
  • French Doors

About This Home

As of December 2023

Beautiful Home. Light & bright home. Beautiful Big Living Room, Notice the big living room window. 3rd bedroom/ Family Room. Kitchen & bath updated. Glass door in dining room to deck. New paint. New Heat Pump June 2022 (new filters, in first year serviced 2 times). New Roof (transferable warranty within 60 days, read warranty information in house). New Washer & Dryer about 5 years ago. Adjustable shower head. Lawnmower passes with house used once. 2 windows to be replaced. All exterior doors keyed the same except the laundry room door. New water heater about 2 years ago. Do NOT open laundry room exterior door. Owner bought house for a family member, owner never lived in house. Sq. Feet per Salem GIS.

Last Agent to Sell the Property

Dinah Moser

LONG & FOSTER - ROANOKE OFFICE License #0225003553 Listed on: 11/06/2023

LONG & FOSTER - ROANOKE OFFICE

Last Buyer's Agent

Sharon Robertson

RE/MAX 8 License #0225230702

RE/MAX 8

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,589

Year Built

  • Built in 1947

Lot Details

  • 0.46 Acre Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Stone Siding

Interior Spaces

  • 1,634 Sq Ft Home
  • Bookcases
  • Gas Log Fireplace
  • French Doors
  • Living Room with Fireplace
  • Crawl Space
  • Storm Doors

Kitchen

  • Electric Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

  • Heat Pump System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 & S. 10 ft of L 3 / 6

Community Details

Overview

  • No Home Owners Association
  • Orchard Court Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,589

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Gas Log Fireplace
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Paved Driveway, Storage Shed
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1634.00
  • ExteriorDoors: French, Insulated Storm
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1634
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2023-11-15
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Orchard Court
  • Total Above Grd Fin S Q F T: 1634
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1634.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

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

Association/Amenities

  • Misc Features: Cable TV

Schools

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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.46
  • Lot: 4 & S. 10 ft of L 3

Building Info

  • Year Built: 1947

Tax Info

  • Taxes (6 mo): 1588.80
  • FILLTAXID: 259-3-6

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
Nov 6, 2023
Closed on
Dec 6, 2023
Sold by
Gerlinger John R and Gerlinger Judith J
Bought by
Hull Philip Michael and Hull Constance Theresa
Seller's Agent
Dinah Moser
LONG & FOSTER - ROANOKE OFFICE
Buyer's Agent
Sharon Robertson
RE/MAX 8
List Price
$244,950
Sold Price
$238,000
Premium/Discount to List
-$6,950
-2.84%
Views
48
Current Estimated Value
$266,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,921
Avg. Annual Appreciation
7.94%
Original Mortgage
$238,000
Outstanding Balance
$235,200
Interest Rate
7.79%
Mortgage Type
VA
Estimated Equity
$36,018

Purchase Details

Closed on
Dec 19, 2007
Sold by
Nationstar Mortgage Llc
Bought by
Gerlinger Judith J and Gerlinger John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2007
Sold by
Haley Nancy K and Haley Michael D
Bought by
Nationastar Mortgage Llc
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
Hull Philip Michael $238,000 Investors Title
Gerlinger Judith J -- Lawyers Title
Nationastar Mortgage Llc $170,993 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hull Philip Michael $238,000
Previous Owner Gerlinger Judy J $111,500
Previous Owner Gerlinger Judith J $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $238,000 -2.8% $146 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
11/06/2023 11/06/23 For Sale $244,950 -- $150 / 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 $873 $145,500 $48,400 $97,100
2023 $1,589 $132,400 $44,200 $88,200
2022 $1,490 $124,200 $42,100 $82,100
2021 $1,422 $118,500 $39,900 $78,600
2020 $1,385 $115,400 $39,900 $75,500
2019 $1,364 $113,700 $39,900 $73,800
2018 $1,305 $110,600 $37,800 $72,800
2017 $1,279 $108,400 $37,800 $70,600
2016 $1,279 $108,400 $37,800 $70,600
2015 $1,263 $107,000 $21,000 $86,000
2014 $1,263 $107,000 $21,000 $86,000
Source: Public Records

Agents Affiliated with this Home

  • Dinah Moser

    Seller's Agent in 2023

    Dinah Moser

    LONG & FOSTER - ROANOKE OFFICE

    (540) 774-5555

    6 in this area

    70 Total Sales

    Dinah Moser
    Section Image
  • Sharon Robertson

    Buyer's Agent in 2023

    Sharon Robertson

    RE/MAX

    (540) 267-4718

    2 in this area

    126 Total Sales

    Sharon Robertson
    Section Image
  • Dawn Cox

    Buyer Co-Listing Agent in 2023

    Dawn Cox

    RE/MAX

    (540) 235-6244

    3 in this area

    68 Total Sales

    Dawn Cox
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 903034

Roanoke Valley Association of REALTORS®

APN: 259-3-6

Virginia Salem City County Salem 24153

1031 Homestead Dr, Salem, VA

This home is located at 1031 Homestead Dr, Salem, VA 24153 since 06 November 2023 and is currently estimated at $266,921, approximately $163 per square foot. This property was built in 1947. 1031 Homestead Dr is a home located in Salem City with nearby schools including East Salem Elementary School, Andrew Lewis Middle School, and Salem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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