NOT LISTED FOR SALE

1121 Stoutamire Dr Salem, VA 24153

Estimated Value: $115,000 - $522,000

3 Beds
2 Baths
1,821 Sq Ft
$228/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $367,000 $202 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,392/month

121 Days on Market

Highlights

  • Under Construction
  • Mountain View
  • No HOA
  • G.W. Carver Elementary School Rated 9+
  • Ranch Style House
  • Covered Patio or Porch

About This Home

As of May 2021

Very attractive craftsman- style patio home with GREAT view and a private back yard. New construction in a great Salem neighborhood! Really nice, level yard with room for a garden and entertaining. Short walk to Parkway Brewery and Hanging Rock Trail for your entertainment and exercise pleasures. No HOA fees, which is a huge plus. Home is similar to photo.

Last Agent to Sell the Property

Brad Graham

MKB, REALTORS(r) License #0225127202 Listed on: 12/14/2020

MKB, REALTORS(r)

Last Buyer's Agent

John Bryant

WAINWRIGHT & CO., REALTORS(r) License #0225237548

WAINWRIGHT & CO.,  REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,365

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 0.49 Acre Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Ranch Style House
  • Patio Home
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • 1,821 Sq Ft Home
  • Ceiling Fan
  • Storage
  • Laundry on main level
  • Mountain Views

Kitchen

  • Gas Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 / 9

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,365

Year Built

Built in 2021 | Under Construction

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Storage, Walk-in-Closet
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Major Appliances: Dishwasher, Garage Door Opener, Microwave Oven (Built In), Range Gas, Range Hood
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Patio, Paved Driveway
  • Views: Mountain
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1821.00
  • ExteriorDoors: Fiberglass, Wood
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1821
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 490
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2021-04-14
  • Residential Type: Detached
  • Style Of House: 1 Story, Patio, Ranch
  • SubdivisionMap: Lawn Forest Annx
  • Total Above Grd Fin S Q F T: 1821
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1821.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, New Construction, Paved Road

Schools

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

Lot Info

  • Lot Description: Cleared, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.49
  • Lot: 4

Building Info

  • Year Built: 2021

Tax Info

  • Taxes (6 mo): 4365.00
  • FILLTAXID: 49-2-4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2020
Closed on
May 3, 2021
Sold by
Salem Building Supply Llc
Bought by
Bell George Michael
Seller's Agent
Brad Graham
MKB, REALTORS(r)
Buyer's Agent
John Bryant
WAINWRIGHT & CO., REALTORS(r)
List Price
$364,950
Sold Price
$367,000
Premium/Discount to List
$2,050
0.56%
Current Estimated Value
$414,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,484
Avg. Annual Appreciation
2.77%
Original Mortgage
$293,600
Outstanding Balance
$219,331
Interest Rate
2.4%
Mortgage Type
New Conventional
Estimated Equity
$195,153

Purchase Details

Closed on
Mar 24, 2020
Sold by
Kevin Kevin E E and Camper Meredith A
Bought by
Salem Building Supply Llc
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
Bell George Michael $367,000 First American Title
Salem Building Supply Llc $142,000 First Choice Title & Setmnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell George Michael $293,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $367,000 +0.6% $202 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
12/14/2020 12/14/20 For Sale $364,950 -- $200 / 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 $2,302 $390,100 $45,000 $345,100
2024 $2,203 $367,100 $42,800 $324,300
2023 $3,817 $318,100 $37,500 $280,600
2022 $3,586 $298,800 $34,800 $264,000
2021 $3,359 $279,900 $33,200 $246,700
2020 $398 $33,200 $33,200 $0
2019 $398 $33,200 $33,200 $0
2018 $373 $31,600 $31,600 $0
2017 $373 $31,600 $31,600 $0
2016 $373 $31,600 $31,600 $0
2015 $354 $30,000 $30,000 $0
2014 $354 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 875703

Roanoke Valley Association of REALTORS®

APN: 49-2-4