NOT LISTED FOR SALE

1191 Mountain Ave Salem, VA 24153

Estimated Value: $294,000 - $315,065

5 Beds
2 Baths
2,088 Sq Ft
$148/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $186,250 $89 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,744/month

24 Days on Market

Highlights

  • 0.64 Acre Lot
  • Mountain View
  • Ranch Style House
  • Salem High School Rated A-
  • Deck
  • No HOA

About This Home

As of May 2018

Beautifully renovated brick ranch in City of Salem! This 5 bedroom, 2 full bath home features a completely remodeled basement with 2 bedrooms, family room, full bath, recessed lighting, large laundry room and storage/workroom perfect for teen or in-law suite. This home has been meticulously taken care of, tiled and refinished hardwood flooring throughout, new roof flashing, new copper water pipes installed, freshly painted, mountain views and a large fenced back yard! Water heater, heatpump and replacement windows approximately 4 years old. Fruit trees include apple and peach as well as a garden plot and leyland cypress trees for privacy screening. The exterior foundation has been freshly painted and a new front sidewalk and stone path installed. Close to schools, shopping and restaurants!

Last Agent to Sell the Property

Debra Giles

EXP REALTY LLC - STAFFORD License #0225049615 Listed on: 03/10/2018

EXP REALTY LLC - STAFFORD

Last Buyer's Agent

Tammy Shepherd

SHEPHERD REALTY GROUP License #0225018594

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,180

Year Built

  • Built in 1955

Lot Details

  • 0.64 Acre Lot
  • Fenced Yard
  • Garden

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Storage
  • Laundry on main level
  • Mountain Views
  • Electric Range

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • 2 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Restaurant

Listing and Financial Details

  • Tax Lot A-1

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,180

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Storage
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Fenced Yard, Garden Space
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • BedroomsBRLowerLevel: 2
  • EntryAboveGrdFin Sq Ft: 1188.00
  • ExteriorDoors: Metal, Wood
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 2376
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 900.00
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2018-04-03
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1188
  • TotalBdrm: 5
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2088.00
  • TotalUnfin Sq Ft: 288.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 288.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior, Paved Road

Schools

  • Elementary School: South Salem
  • Middle School: Andrew Lewis
  • High School: Salem High

Lot Info

  • Lot Description: Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.64
  • Lot: A-1

Building Info

  • Year Built: 1955

Tax Info

  • Taxes (6 mo): 2180.00
  • FILLTAXID: 181-1-6

MLS Schools

  • Elementary School: South Salem
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2018
Closed on
Apr 23, 2018
Sold by
Burns Benjamin E
Bought by
Farthing Robert H and Farthing Melisa A
Seller's Agent
Debra Giles
EXP REALTY LLC - STAFFORD
Buyer's Agent
Tammy Shepherd
SHEPHERD REALTY GROUP
List Price
$179,000
Sold Price
$186,250
Premium/Discount to List
$7,250
4.05%
Current Estimated Value
$308,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,766
Avg. Annual Appreciation
6.75%
Original Mortgage
$182,876
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 27, 2013
Closed on
Oct 31, 2013
Sold by
Virginia Housing Development Authority
Bought by
Burns Benjamin E
Seller's Agent
Robert Rouse
YOUNG REALTY COMPANY
List Price
$99,900
Sold Price
$99,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.95%
Original Mortgage
$98,090
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2013
Sold by
Ryan Daniel R and Ryan Catherine A
Bought by
Virginia Housing Development Authority

Purchase Details

Closed on
Mar 13, 2007
Sold by
Long Curtis R
Bought by
Ryan Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,800
Interest Rate
6.33%
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
Farthing Robert H $186,250 Acquisition Title & Settleme
Burns Benjamin E $99,900 First Choice Title And Settl
Virginia Housing Development Authority $127,675 None Available
Ryan Daniel R $129,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farthing Robert H $40,000
Closed Farthing Robert H $9,000
Open Farthing Robert H $178,453
Closed Farthing Robert H $182,876
Previous Owner Burns Benjamin E $98,090
Previous Owner Ryan Daniel R $129,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $186,250 +4.1% $89 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
03/10/2018 03/10/18 For Sale $179,000 +79.2% $86 / Sq Ft
11/15/2013 11/15/13 Sold $99,900 0.0% $84 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $99,900 -- $84 / 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 $1,404 $237,900 $45,700 $192,200
2024 $1,309 $218,200 $44,500 $173,700
2023 $2,354 $196,200 $41,600 $154,600
2022 $2,171 $180,900 $35,600 $145,300
2021 $2,020 $168,300 $32,100 $136,200
2020 $1,957 $163,100 $32,100 $131,000
2019 $1,909 $159,100 $32,100 $127,000
2018 $1,456 $123,400 $32,100 $91,300
2017 $1,440 $122,000 $32,100 $89,900
2016 $1,451 $123,000 $32,100 $90,900
2015 $1,344 $113,900 $28,000 $85,900
2014 $1,344 $113,900 $28,000 $85,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 845918

Roanoke Valley Association of REALTORS®

APN: 181-1-6