NOT LISTED FOR SALE

116 Deer Trace Ln Salem, VA 24153

Estimated Value: $241,174 - $265,000

3 Beds
1.5 Baths
988 Sq Ft
$259/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $165,000 $167 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,452/month

2 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Front Porch
  • G.W. Carver Elementary School Rated 9+
  • Cul-De-Sac
  • Storage

About This Home

As of November 2020

Don't miss this one! Great starter home located at the end of a quiet cul-de-sac of much more expensive homes! Nice all brick home with covered front porch, 1-car attached carport, hardwood floors, recently remodeled bath, new roof and gutters two years ago, dishwasher and HW heater only one year old and just a couple of minutes to downtown Salem. This is a home and neighborhood you can enjoy living in for many years to come!

Last Agent to Sell the Property

Karl Ford

MKB, REALTORS(r) License #0225128934 Listed on: 10/06/2020

Last Buyer's Agent

Joshua Desforges

KELLER WILLIAMS REALTY ROANOKE License #0225242164

KELLER WILLIAMS REALTY ROANOKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,637

Year Built

  • Built in 1957

Lot Details

  • 0.48 Acre Lot
  • Cul-De-Sac

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 988 Sq Ft Home
  • Drapes & Rods
  • Storage
  • Laundry on main level
  • Storm Doors

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Basement

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

Parking

  • 1 Parking Space
  • Attached Carport

Outdoor Features

  • Front Porch

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Deer Trace Subdivision

Listing and Financial Details

  • Tax Lot 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,637

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Interior Features: All Drapes, Storage
  • Heating System: Forced Air Oil
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 988.00
  • ExteriorDoors: Insulated Storm
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 988
  • HalfBathsHalfBathsLowerLvl: 1
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Attached
  • RatifiedContractDt: 2020-10-08
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Deer Trace
  • Total Above Grd Fin S Q F T: 988
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 988.00
  • TotalHBaths: 1
  • Water Class: N/A
  • 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, Paved Road

Schools

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

Lot Info

  • Lot Description: Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.48
  • Lot: 7

Building Info

  • Year Built: 1957

Tax Info

  • Taxes (6 mo): 1637.00
  • FILLTAXID: 36-1-7.7

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
Oct 6, 2020
Closed on
Nov 18, 2020
Sold by
Huff Sharon M
Bought by
James Nicolas
Seller's Agent
Karl Ford
MKB, REALTORS(r)
Buyer's Agent
Joshua Desforges
KELLER WILLIAMS REALTY ROANOKE
List Price
$159,000
Sold Price
$165,000
Premium/Discount to List
$6,000
3.77%
Current Estimated Value
$256,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,044
Avg. Annual Appreciation
9.38%
Original Mortgage
$162,011
Outstanding Balance
$144,167
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$111,877

Purchase Details

Closed on
Oct 31, 2005
Sold by
Francis Deborah A and Francis Nichole T
Bought by
Huff Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.07%
Mortgage Type
New Conventional
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
James Nicolas $165,000 First Choice Title & Setmnt
Huff Sharon M $132,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Nicolas $162,011
Previous Owner Huff Sharon M $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2020 11/25/20 Sold $165,000 +3.8% $167 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $159,000 -- $161 / 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 $1,179 $199,900 $53,500 $146,400
2024 $1,115 $185,800 $51,700 $134,100
2023 $1,998 $166,500 $48,700 $117,800
2022 $1,822 $151,800 $41,400 $110,400
2021 $1,668 $139,000 $39,500 $99,500
2020 $1,637 $136,400 $39,500 $96,900
2019 $1,607 $133,900 $39,500 $94,400
2018 $1,566 $132,700 $39,500 $93,200
2017 $1,552 $131,500 $39,500 $92,000
2016 $1,552 $131,500 $39,500 $92,000
2015 $1,474 $124,900 $31,500 $93,400
2014 $1,474 $124,900 $31,500 $93,400
Source: Public Records

Agents Affiliated with this Home

  • Karl Ford

    Seller's Agent in 2020

    Karl Ford

    MKB, REALTORS(r)

    (800) 879-6527

    10 in this area

    97 Total Sales

    Karl Ford
    Section Image
  • Joshua Desforges

    Buyer's Agent in 2020

    Joshua Desforges

    KELLER WILLIAMS REALTY ROANOKE

    (540) 613-1340

    3 in this area

    102 Total Sales

    Joshua Desforges
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 873996

Roanoke Valley Association of REALTORS®

APN: 36-1-7.7

Virginia Salem City County Salem 24153

116 Deer Trace Ln, Salem, VA

This home is located at 116 Deer Trace Ln, Salem, VA 24153 since 06 October 2020 and is currently estimated at $256,044, approximately $259 per square foot. This property was built in 1957. 116 Deer Trace Ln is a home located in Salem City with nearby schools including G.W. Carver Elementary School, Andrew Lewis Middle School, and Salem High School.

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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