NOT LISTED FOR SALE

1042 Stonegate Dr Salem, VA 24153

Salem Area

Estimated Value: $459,000 - $527,000

5 Beds
4 Baths
2,957 Sq Ft
$164/Sq Ft Est. Value

Sale Details

Date Sold: November 16, 2021

Last sale price $389,950 $132 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,844 / mo

14 Days on Market

Highlights

  • Colonial Architecture
  • Family Room with Fireplace
  • Community Pool
  • Deck
  • No HOA
  • Covered Patio or Porch

About This Home

As of November 2021

Totally updated Colonial in desirable Stonegate within walking distance to swim club. 4 bedrooms with 2 full and 2 half baths. New privacy fencing and lawn sod 2021. Recent paint throughout main level with handscraped hardwood flooring and new luxury vinyl tile on lower level. Great kitchen w/ white shaker style cabinets and stainless appliances. All baths updated. Almost 3,000 finished sq. ft ready to enjoy! 4 fireplaces (2 w/ gas logs) , insulated windows and doors and lifetime roof. Very well built home. Lower level walk out basement offers many possibilities. Sellers only moving to be closer to family

Last Agent to Sell the Property

Timothy Toohig

RE/MAX ALL POINTS License #0225002420 Listed on: 09/17/2021

RE/MAX ALL POINTS

Last Buyer's Agent

Sammy Clark

RE/MAX 8 License #0225242081

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,768

Year Built

  • Built in 1974

Lot Details

  • 16,553 Sq Ft Lot
  • Lot Dimensions are 126x118x125x150
  • Fenced Yard
  • Gentle Sloping Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Drapes & Rods
  • Insulated Doors
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Recreation Room with Fireplace
  • Storage
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

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

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9A / 1

Community Details

Overview

  • No Home Owners Association
  • Stonegate Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,768

Year Built

Built in 1974

Lot Details

0.38 Acres

Listing Details

  • Interior Features: All Drapes, Breakfast Area, Gas Log Fireplace, Storage
  • Heating System: Forced Air Gas
  • Fireplace(s): Family Room, Living Room, Recreation Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Garage Door Opener, Microwave Oven (Built In), Range Gas
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Deck, Fenced Yard, Patio, Paved Driveway
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1174.00
  • ExteriorDoors: Full View, Insulated
  • Fireplace Number Fireplaces: 4
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Comcast
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 901.00
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 2 Story, Colonial
  • SubdivisionMap: Stonegate
  • Total Above Grd Fin S Q F T: 2056
  • TotalBdrm: 5
  • TotalBths: 2.20
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2957.00
  • TotalHBaths: 2
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 882.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior, Underground Util

Lot Info

  • Lot Description: Gentle Slope
  • Lot Dimensions: 126x118x125x150
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.38
  • Lot: 9A

Building Info

  • Year Built: 1974

Tax Info

  • Taxes (6 mo): 2768.00

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 14, 2021
Sold by
Bought by
Seller's Agent
Timothy Toohig
RE/MAX ALL POINTS
Buyer's Agent
Sammy Clark
RE/MAX 8
List Price
$389,950
Sold Price
$389,950
Current Estimated Value
$484,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,251
Avg. Annual Appreciation
4.70%
Original Mortgage
$350,955
Outstanding Balance
$315,441
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$168,760

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 9, 2021
Sold by
Bought by
Seller's Agent
Donna Wright
WAINWRIGHT & CO., REALTORS(r)
Buyer's Agent
Timothy Toohig
RE/MAX ALL POINTS
List Price
$349,950
Sold Price
$355,000
Premium/Discount to List
$5,050
1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.59%
Original Mortgage
$325,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,600
Interest Rate
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Salem, VA

  • Joe Racek Real Estate Agent - Sycamore Realtors

    Joe Racek

    Sycamore Realtors

    (540) 299-2761

    227 Total Sales

    2 in Salem

    $245K - $255K Price Range

    Joe Racek
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  • Thomas Fellers Real Estate Agent - MKB, Roanoke

    Thomas Fellers

    MKB, Roanoke

    (540) 427-7269

    221 Total Sales

    14 in Salem

    $195K - $700K Price Range

    Thomas Fellers
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  • Dayna Patrick Real Estate Agent - RE/MAX All Stars

    Dayna Patrick

    RE/MAX All Stars

    (540) 384-4566

    225 Total Sales

    6 in Salem

    $219K - $675K Price Range

    Dayna Patrick
     Section Image
  • Rick Payne Real Estate Agent - MKB, Roanoke

    Rick Payne

    MKB, Roanoke

    (540) 501-7697

    88 Total Sales

    5 in Salem

    $230K - $336K Price Range

    Rick Payne
     Section Image
  • Daniel Bennett Real Estate Agent - eXp Realty - Blacksburg

    Daniel Bennett

    eXp Realty - Blacksburg

    (540) 900-2938

    133 Total Sales

    9 in Salem

    $125K - $455K Price Range

    Daniel Bennett
     Section Image
  • Judy Hillman Real Estate Agent - LONG & FOSTER - ROANOKE OFFICE

    Judy Hillman

    LONG & FOSTER - ROANOKE OFFICE

    (540) 900-2923

    117 Total Sales

    3 in Salem

    $235K - $330K Price Range

    Judy Hillman
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$389,950 New Title Company Name
$350,000 Court Street Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $350,955
Previous Owner $325,000
Previous Owner $250,000
Previous Owner $199,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2021 11/16/21 Sold $389,950 0.0% $132 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $389,950 +9.8% $132 / Sq Ft
08/09/2021 08/09/21 Sold $355,000 +1.4% $120 / Sq Ft View Prior Sale
07/05/2021 07/05/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $349,950 -- $118 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,135 $361,900 $54,100 $307,800
2024 $2,024 $337,400 $52,500 $284,900
2023 $3,913 $326,100 $48,300 $277,800
2022 $3,642 $303,500 $43,000 $260,500
2021 $2,826 $235,500 $41,500 $194,000
2020 $2,767 $230,600 $41,500 $189,100
2019 $2,737 $228,100 $41,500 $186,600
2018 $2,492 $211,200 $41,500 $169,700
2017 $2,469 $209,200 $41,500 $167,700
2016 $2,469 $209,200 $41,500 $167,700
2015 $2,306 $195,400 $40,100 $155,300
2014 $2,306 $195,400 $40,100 $155,300
Source: Public Records

Agents Affiliated with this Home

  • Donna Wright Real Estate Agent - WAINWRIGHT & CO., REALTORS(r)

    Seller's Agent in 2021

    Donna Wright

    WAINWRIGHT & CO., REALTORS(r)

    (540) 314-2693

    16 Total Sales

    Donna Wright
    Section Image
  • Timothy Toohig Real Estate Agent - RE/MAX

    Seller's Agent in 2021

    Timothy Toohig

    RE/MAX

    (540) 330-8300

    279 Total Sales

    Timothy Toohig
    Section Image
  • Sammy Clark Real Estate Agent - RE/MAX

    Buyer's Agent in 2021

    Sammy Clark

    RE/MAX

    (434) 872-1110

    73 Total Sales

    Sammy Clark
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 883893

Roanoke Valley Association of REALTORS®

APN: 43-2-16

Virginia Salem City County Salem 24153

1042 Stonegate Dr, Salem, VA

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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