Seller's Agent in 2025
Andy Mullins
REALSTAR, REALTORS(r) LLC
(540) 776-1559
5 in this area
16 Total Sales
--
Bed
--
Bath
1,904
Sq Ft
0.36
Acres
Highlights
- No HOA
- G.W. Carver Elementary School Rated 9+
- Central Air
About This Home
As of January 2025Offering for sale this brick duplex located in Salem, VA. Both units are fully occupied and are 2 bedroom, 1.5 bathroom layouts with spacious interiors. Each unit also features an unfinished basement, providing ample storage or potential for future expansion. Recent updates include HVAC system and freshly built back decks that both units has access to. This property offers great investor our house back opportunity.
Last Agent to Sell the Property
REALSTAR, REALTORS(r) LLC License #0225090506 Listed on: 11/11/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,482
Year Built
- Built in 1998
Lot Details
- 0.36 Acre Lot
Home Design
- 1,904 Sq Ft Home
- Duplex
- Brick Exterior Construction
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Schools
- G. W. Carver Elementary School
- Andrew Lewis Middle School
- Salem High School
Utilities
- Central Air
- Heat Pump System
- Water Heater
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 3
Community Details
Overview
- No Home Owners Association
- 2 Units
- Mason Creek Subdivision
Building Details
- 2 Leased Units
- Operating Expense $3,832
- Gross Income $13,868
- Net Operating Income $17,700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 11, 2024
Closed on
Jan 16, 2025
Sold by
Mk Loyd Llc
Bought by
Bsmm Properties Llc
Seller's Agent
Andy Mullins
REALSTAR, REALTORS(r) LLC
Buyer's Agent
Andy Mullins
REALSTAR, REALTORS(r) LLC
List Price
$275,000
Sold Price
$275,000
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,554
Avg. Annual Appreciation
7.22%
Original Mortgage
$200,000
Outstanding Balance
$198,587
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
$89,967
Purchase Details
Closed on
Nov 7, 2019
Sold by
Woodward Robert W
Bought by
Mk Loyd Llc
Purchase Details
Closed on
Apr 12, 2012
Sold by
Woodwrad Robert W and Woodward Tamea F
Bought by
Woodward Robert W
Purchase Details
Closed on
Nov 1, 2005
Sold by
Vineyard Robert V
Bought by
Woodward Robert and Woodward Tamea
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $275,000 | Old Republic National Title | |
| Deed | $215,000 | Performance Title & Setmnt | |
| Gift Deed | -- | None Available | |
| Trustee Deed | $26,579 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | Credit Line Revolving | |
| Closed | $0 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/30/2025 01/30/25 | Sold | $275,000 | 0.0% | $144 / Sq Ft |
| 11/22/2024 11/22/24 | Pending | -- | -- | -- |
| 11/11/2024 11/11/24 | For Sale | $275,000 | -- | $144 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Tax History Compared to Growth
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 | $1,296 | $219,600 | $39,700 | $179,900 |
| 2024 | $1,241 | $206,800 | $36,700 | $170,100 |
| 2023 | $2,294 | $191,200 | $33,600 | $157,600 |
| 2022 | $2,215 | $184,600 | $31,200 | $153,400 |
| 2021 | $2,218 | $184,800 | $29,300 | $155,500 |
| 2020 | $2,113 | $176,100 | $29,300 | $146,800 |
| 2019 | $2,066 | $172,200 | $29,300 | $142,900 |
| 2018 | $1,930 | $163,600 | $29,300 | $134,300 |
| 2017 | $1,930 | $163,600 | $29,300 | $134,300 |
| 2016 | $1,930 | $163,600 | $29,300 | $134,300 |
| 2015 | $1,812 | $153,600 | $26,500 | $127,100 |
| 2014 | $1,812 | $153,600 | $26,500 | $127,100 |
Source: Public Records
Agents Affiliated with this Home
-
Andy Mullins
-
Noah Beckley
Seller Co-Listing Agent in 2025
Noah Beckley
REALSTAR, REALTORS(r) LLC
(540) 354-0412
10 in this area
21 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 912356
APN: 77-3-7
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