NOT LISTED FOR SALE

111 Tee Cir Salem, VA 24153

Estimated Value: $366,000 - $398,000

3 Beds
2.5 Baths
2,600 Sq Ft
$146/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $223,000 $86 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,098/month

24 Days on Market

Highlights

  • Mountain View
  • Family Room with Fireplace
  • No HOA
  • Deck
  • Ranch Style House
  • Covered Patio or Porch

About This Home

As of October 2019

This amazing well maintained home has so many nice options. Three bdrms 2.5 bths updated, 2 family rooms, rocking chair front porch, beautiful new deck with mountain views. Fenced in backyard, 2 car garage, corner lot, wonderfully finished basement with large laundry room, office and lots of storage. **Carpets in bdrms to be professionally cleaned when sellers relocate in 3 wks.**

Co-Listed By

Debra Giles

EXP REALTY LLC - STAFFORD License #0225049615

EXP REALTY LLC - STAFFORD

Last Buyer's Agent

Van Renick

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225199479

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,293

Year Built

  • Built in 1973

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • Fenced Yard
  • Level Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Bookcases
  • Ceiling Fan
  • Skylights
  • Family Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Mountain Views

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • West Club Forest Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 9

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,293

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Ceiling Fan, Skylight
  • Heating System: Forced Air Gas
  • Fireplace(s): Family Room, Recreation Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Garage Door Opener, Range Electric, Range Hood, Refrigerator, Sump Pump
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Deck, Fenced Yard, Patio, Paved Driveway
  • Views: Mountain
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1600.00
  • Fireplace Number Fireplaces: 2
  • Internet Access: Cable
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 1000.00
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1600
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2600.00
  • TotalHBaths: 1
  • Uncovered Parking: Off Street Parking
  • 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

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Cul-de-sac, Maint-Free Exterior

Lot Info

  • Lot Description: Down Slope, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.28
  • Lot: 8

Building Info

  • Year Built: 1973

Tax Info

  • Taxes (6 mo): 2293.00

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
Aug 19, 2019
Closed on
Oct 29, 2019
Sold by
Meacham Gregory L and Meacham Nancy B
Bought by
Lane Kevin G and Lane Faith K
Buyer's Agent
Van Renick
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$232,450
Sold Price
$223,000
Premium/Discount to List
-$9,450
-4.07%
Current Estimated Value
$378,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,594
Avg. Annual Appreciation
8.85%
Original Mortgage
$178,400
Outstanding Balance
$139,168
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$239,426

Purchase Details

Closed on
Oct 3, 2006
Sold by
Larrick Charles Richard and Larrick Stephen R
Bought by
Meacham Gregory L and Meacham Nancy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lane Kevin G $223,000 First Choice Title & Setmnt
Meacham Gregory L $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Kevin G $178,400
Previous Owner Meacham Gregory L $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2019 10/30/19 Sold $223,000 -4.1% $86 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $232,450 -- $89 / 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 $1,649 $279,500 $53,000 $226,500
2024 $1,565 $260,800 $50,500 $210,300
2023 $2,861 $238,400 $47,900 $190,500
2022 $2,656 $221,300 $40,400 $180,900
2021 $2,509 $209,100 $37,800 $171,300
2020 $2,377 $198,100 $37,800 $160,300
2019 $2,336 $194,700 $37,800 $156,900
2018 $2,293 $194,300 $37,800 $156,500
2017 $2,270 $192,400 $37,800 $154,600
2016 $2,270 $192,400 $37,800 $154,600
2015 $2,229 $188,900 $37,500 $151,400
2014 $2,229 $188,900 $37,500 $151,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 862395

Roanoke Valley Association of REALTORS®

APN: 296-2-4