NOT LISTED FOR SALE

111 Front Ave Salem, VA 24153

Estimated Value: $221,000 - $236,000

3 Beds
1.5 Baths
1,400 Sq Ft
$163/Sq Ft Est. Value

Last Sold February 25, 2015

Last sale price $40,000 $29 Per Sq Ft

Est. 470% increase in value since last sale

Current estimated payment $1,283/month

2 Days on Market

Highlights

  • Deck
  • Front Porch
  • Forced Air Heating System
  • No HOA
  • Shed
  • Level Lot

About This Home

As of February 2015

Fixer-upper being sold in ''as-is'' condition. Great investment opportunity to own in Salem.

Last Agent to Sell the Property

Barry Compton

RED KEY REALTY INC License #0225040865 Listed on: 02/06/2015

Last Buyer's Agent

Patrick Wilkinson

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225040887

Property Details

Home Type

  • Manufactured Home

Year Built

  • Built in 1942

Lot Details

  • Lot Dimensions are 50 x 130
  • Level Lot

Home Design

  • Single Family Detached Home
  • Manufactured Home

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Deck
  • Shed
  • Front Porch

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Cooling System: No Cooling System
  • Outside Features: Deck, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 920.00
  • HalfBathsHalfBathsUpperLvl: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 1400
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1400.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 480.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 50 x 130
  • Property Group Id: 19990816212109142258000000

Building Info

  • Year Built: 1942

Tax Info

  • Taxes (6 mo): 1176.46

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2022
Sold by
Shasta Properties Inc
Bought by
Johnson Traci
Current Estimated Value
$227,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,600
Outstanding Balance
$169,156
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$58,799

Purchase Details

Listed on
Feb 6, 2015
Closed on
Feb 27, 2015
Sold by
Bkc Properties Inc
Bought by
Shasta Properties Inc
Seller's Agent
Barry Compton
RED KEY REALTY INC
Buyer's Agent
Patrick Wilkinson
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$39,950
Sold Price
$40,000
Premium/Discount to List
$50
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.38%

Purchase Details

Listed on
Feb 6, 2015
Closed on
Jan 27, 2015
Sold by
Reid Claudia B
Bought by
Bkc Properties Inc
Seller's Agent
Barry Compton
RED KEY REALTY INC
Buyer's Agent
Patrick Wilkinson
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$39,950
Sold Price
$40,000
Premium/Discount to List
$50
0.13%

Purchase Details

Closed on
Sep 20, 2006
Sold by
Riggs Barbara Ellen
Bought by
Reid Claudia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,001
Interest Rate
6.54%
Mortgage Type
FHA
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
Johnson Traci $180,000 First Choice Title & Settlemen
Shasta Properties Inc $40,000 Fidelity National Title
Bkc Properties Inc $27,851 None Available
Reid Claudia B -- None Available
Riggs Barbara Ellen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Traci $174,600
Previous Owner Riggs Barbara Ellen $101,001
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2015 02/25/15 Sold $40,000 +0.1% $29 / Sq Ft
02/08/2015 02/08/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $39,950 -- $29 / 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 $1,098 $186,100 $34,300 $151,800
2024 $995 $165,800 $32,700 $133,100
2023 $1,412 $117,700 $30,200 $87,500
2022 $1,310 $109,200 $26,200 $83,000
2021 $1,267 $105,600 $24,900 $80,700
2020 $1,240 $103,300 $24,900 $78,400
2019 $1,211 $100,900 $24,900 $76,000
2018 $1,179 $99,900 $24,900 $75,000
2017 $1,167 $98,900 $24,900 $74,000
2016 $1,222 $103,600 $24,900 $78,700
2015 $1,123 $99,700 $24,700 $75,000
2014 $1,123 $99,700 $24,700 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 811613

Roanoke Valley Association of REALTORS®

APN: 234-1-11