NOT LISTED FOR SALE

1111 Newman Dr Salem, VA 24153

Estimated Value: $262,000 - $287,000

3 Beds
2 Baths
1,800 Sq Ft
$151/Sq Ft Est. Value

Sale Details

Date Sold: September 1, 2022

Last sale price $205,000 $114 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,496 / mo

66 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Detached Carport Space
  • G.W. Carver Elementary School Rated 9+
  • 3 Car Detached Garage
  • Level Lot

About This Home

As of September 2022

This is the perfect home in Salem, VA!! Check out this cozy ranch nestled on .3 acres minutes to downtown Salem, amenities & schools with 2 full kitchens and 2 full baths. This one is great for an in-law suite, home office or the not-so-empty nesters. A detached 2 car garage/workshop and a perfect carport/BBQ/entertainment are all included and just waiting for your family to enjoy. The windows, heating/cooling and major systems have all been updated recently so this brick ranch is ready to go! Fresh paint and gorgeous hardwood floors!

Last Agent to Sell the Property

Richard Limroth

VALLEY REALTY License #0225060455 Listed on: 05/26/2022

Last Buyer's Agent

Cody Journell

HAVEN, REALTORS(r) License #0225239122

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,807

Year Built

  • Built in 1956

Lot Details

  • 13,068 Sq Ft Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Kitchen

  • Electric Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Detached Carport Space
  • Off-Street Parking

Schools

  • G. W. Carver Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Basement

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,807

Year Built

Built in 1956

Lot Details

0.3 Acres

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • AddlCoveredPrkng: Carport Detached
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 900.00
  • FullBathsFullBathsLowerLvl: 1
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 900.00
  • Major Area: 03 - City of Salem
  • NumberAddCovSpaces: 1.00
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 900
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1800.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Lot Info

  • Lot Description: Level
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.30

Building Info

  • Year Built: 1956

Tax Info

  • Taxes (6 mo): 1807.00

MLS Schools

  • Elementary School: G. W. Carver
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2023
Sold by
Michals Mclean Ted and Michals Amy
Bought by
Cm Homes Of Virginia Llc
Current Estimated Value
$257,846

Purchase Details

Listed on
May 26, 2022
Closed on
Aug 24, 2022
Sold by
Hakola Henry J and Hakola Debbie V
Bought by
Michals Mclean Ted and Michals Amy
Seller's Agent
Richard Limroth
VALLEY REALTY
Buyer's Agent
Cody Journell
HAVEN, REALTORS(r)
List Price
$219,950
Sold Price
$205,000
Premium/Discount to List
-$14,950
-6.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Original Mortgage
$153,750
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2005
Sold by
Trent Mildred H and Trent James L
Bought by
Hakola Henry J and Hakola Debbie V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
5.87%
Mortgage Type
New Conventional
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

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
Cm Homes Of Virginia Llc -- First American Title
Michals Mclean Ted $205,000 First American Title
Hakola Henry J $117,500 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
Previous Owner Michals Mclean Ted $153,750
Previous Owner Hakola Henry J $94,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2022 09/01/22 Sold $205,000 -6.8% $114 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $219,950 -- $122 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $1,170 $198,300 $42,500 $155,800
2024 $1,117 $186,200 $40,500 $145,700
2023 $2,005 $167,100 $35,500 $131,600
2022 $1,837 $153,100 $32,900 $120,200
2021 $1,752 $146,000 $31,400 $114,600
2020 $1,726 $143,800 $31,400 $112,400
2019 $1,670 $139,200 $31,400 $107,800
2018 $1,614 $136,800 $29,900 $106,900
2017 $1,602 $135,800 $29,900 $105,900
2016 $1,602 $135,800 $29,900 $105,900
2015 $1,525 $129,200 $29,500 $99,700
2014 $1,525 $129,200 $29,500 $99,700
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Richard Limroth

    VALLEY REALTY

    (540) 344-6637

    2 in this area

    61 Total Sales

    Richard Limroth
    Section Image
  • Cody Journell

    Buyer's Agent in 2022

    Cody Journell

    HAVEN, REALTORS(r)

    (540) 589-7480

    3 in this area

    112 Total Sales

    Cody Journell
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 889874

Roanoke Valley Association of REALTORS®

APN: 49-3-9

Virginia Salem City County Salem 24153

1111 Newman 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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