NOT LISTED FOR SALE

1203 Lynchburg Turnpike Salem, VA 24153

Estimated Value: $475,000 - $565,000

4 Beds
3 Baths
2,698 Sq Ft
$197/Sq Ft Est. Value

Last Sold January 29, 2018

Last sale price $315,000 $117 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,040/month

Highlights

  • 1.12 Acre Lot
  • Family Room with Fireplace
  • No HOA
  • G.W. Carver Elementary School Rated 9+
  • Sun or Florida Room
  • Covered Patio or Porch

About This Home

As of January 2018

ONE OF A KIND ENGLISH TUDOR. QUALITY AND ARCHITECTURE SELDOM SEEN. ABSOLUTELY GORGEOUS SETTING, BEAUTIFUL LOT WITH FRUIT TREES. WALK TO SALEM YMCA. MORE TO FOLLOW.

Last Agent to Sell the Property

Phillip Darnall

RE/MAX REAL ESTATE ONE License #0225054834 Listed on: 08/14/2017

RE/MAX REAL ESTATE ONE

Last Buyer's Agent

Jay Kilby

RE/MAX ALL STARS License #0225175819

RE/MAX ALL STARS

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,515

Year Built

  • Built in 1945

Lot Details

  • 1.12 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,698 Sq Ft Home
  • 1.5-Story Property
  • Bookcases
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Sun or Florida Room
  • Storage
  • Laundry on main level
  • Partial Basement

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • 4 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Central Air
  • Radiator
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,515

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Masonry Fireplace, Storage
  • Heating System: Baseboard Oil, Radiator Oil Heat
  • Fireplace(s): Family Room, Living Room, Master Bedroom
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Dishwasher, Range Electric, Range Hood, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Balcony, Covered Porch, Paved Driveway, Storage Shed, Sunroom
  • BedroomsBRUpperLevel: 4
  • EntryAboveGrdFin Sq Ft: 1349.00
  • Fireplace Number Fireplaces: 3
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 2698
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2017-12-19
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 2698
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2698.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1349.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.12
  • Lot: 7

Building Info

  • Year Built: 1945

Tax Info

  • Taxes (6 mo): 2515.00
  • FILLTAXID: 117-17

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
Aug 14, 2017
Closed on
Jan 24, 2018
Sold by
Good Michael Robert and Estate Of Inez Evening Good
Bought by
Smith Mark T
Seller's Agent
Phillip Darnall
RE/MAX REAL ESTATE ONE
Buyer's Agent
Jay Kilby
RE/MAX ALL STARS
List Price
$349,950
Sold Price
$315,000
Premium/Discount to List
-$34,950
-9.99%
Current Estimated Value
$531,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,142
Avg. Annual Appreciation
6.96%
Original Mortgage
$283,500
Outstanding Balance
$161,214
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$365,224
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
Smith Mark T $315,000 Colonial Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Mark T $117,400
Open Smith Mark T $283,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2018 01/29/18 Sold $315,000 -10.0% $117 / Sq Ft
12/19/2017 12/19/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $349,950 -- $130 / 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 $2,521 $427,300 $80,500 $346,800
2024 $2,704 $450,600 $77,700 $372,900
2023 $5,063 $421,900 $73,000 $348,900
2022 $4,740 $395,000 $63,300 $331,700
2021 $4,703 $391,900 $60,400 $331,500
2020 $4,447 $370,600 $58,600 $312,000
2019 $4,372 $364,300 $58,600 $305,700
2018 $3,364 $285,100 $58,600 $226,500
2017 $2,515 $213,100 $58,600 $154,500
2016 $2,441 $206,900 $58,600 $148,300
2015 $2,364 $200,300 $64,800 $135,500
2014 $2,364 $200,300 $64,800 $135,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 840478

Roanoke Valley Association of REALTORS®

APN: 117-1-7