NOT LISTED FOR SALE

1101 Salem Ave Hopewell, VA 23860

Estimated Value: $220,279 - $264,000

3 Beds
2 Baths
1,068 Sq Ft
$225/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $205,000 $192 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,476/month

20 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Central Air
  • Granite Countertops
  • Front Porch
  • Property is Fully Fenced

About This Home

As of September 2022

Welcome to this fully remodel bungalow style house on a quiet street on a large lot! The house features three bedrooms and two full baths. Original and newly refinished hardwood flooring throughout. The open concept kitchen features all new kitchen cabinets and stainless steel appliances, and give you a lot of entertaining and prep space. Outside, enjoy either your covered porch, or your small back porch! New gravel driveway and new privacy fence, this house has it all!

Last Agent to Sell the Property

Matt Chabal

Real Broker LLC License #0225235363 Listed on: 07/29/2022

Real Broker LLC

Last Buyer's Agent

Fernando Perez

Real Broker LLC License #0225233067

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $466

Year Built

  • Built in 1957

Lot Details

  • 10,528 Sq Ft Lot
  • Property is Fully Fenced
  • Zoning described as R3

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Hardboard

Interior Spaces

  • 1,068 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Front Porch

Schools

  • Copeland Elementary School
  • Carter G. Woodson Middle School
  • Hopewell High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Community Details

  • Oak Hill Subdivision

Listing and Financial Details

  • Tax Lot 1-A
  • Assessor Parcel Number 067-0145

Home Details

Home Type

Single Family

Est. Annual Taxes

$466

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1957
  • Property Attached Yn: No
  • Lot Size Acres: 0.2417
  • Ownership: Corporate
  • Subdivision Name: Oak Hill
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Basement: Crawl Space
  • Appliances: Electric Water Heater, Microwave, Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Granite Counters, Main Level Primary
  • Living Area: 1068.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced, Full
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Hardboard, Vinyl Siding
  • Exterior Features: Porch, Unpaved Driveway
  • Patio And Porch Features: Front Porch, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Off Street, Unpaved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Carter G. Woodson

Lot Info

  • Parcel Number: 067-0145
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 466.0
  • Tax Lot: 1-A

MLS Schools

  • Elementary School: Copeland
  • High School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2022
Sold by
Better Props Llc
Bought by
Terrance Lee D
Current Estimated Value
$240,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Interest Rate
5.13%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2022
Sold by
Antonio Concepcion Juan
Bought by
Better Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.69%
Mortgage Type
New Conventional
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
Terrance Lee D $205,000 --
Lee Terrance D $205,000 First American Title
Better Properties Llc $70,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Terrance D $201,286
Previous Owner Better Properties Llc $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $205,000 +2.5% $192 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $199,950 -- $187 / Sq Ft
Source: Central Virginia Regional MLS

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 $2,409 $205,900 $18,900 $187,000
2024 $2,208 $188,700 $18,000 $170,700
2023 $1,866 $188,700 $18,000 $170,700
2022 $466 $41,200 $17,600 $23,600
2021 $466 $41,200 $17,600 $23,600
2020 $447 $39,600 $17,600 $22,000
2019 $447 $39,600 $17,600 $22,000
2018 $447 $39,600 $17,600 $22,000
2017 $447 $39,600 $17,600 $22,000
2016 $447 $39,600 $17,600 $22,000
2015 $447 $39,600 $17,600 $22,000
2014 $440 $39,600 $17,600 $22,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2221505

Central Virginia Regional MLS

APN: 067-0145