NOT LISTED FOR SALE

1208 N Mill Rd Salem, VA 24153

Estimated Value: $345,005 - $406,000

0.38 Acre
$988,161 Price per Acre
16,553 Sq Ft Lot

Last Sold July 27, 2016

Last sale price $38,000

Est. 888% increase in value since last sale

Current estimated payment $2,134/month

145 Days on Market

Highlights

  • No HOA
  • G.W. Carver Elementary School Rated 9+
  • Level Lot

About This Lot

As of July 2016

Great level building lot in the City of Salem. Will also build to suit. Please bring offers and possible plans if interested. 131 feet of road frontage. Close to downtown Salem and Roanoke College.

Last Agent to Sell the Property

Julie Poff

MKB, REALTORS(r) License #0225063336 Listed on: 01/28/2016

MKB, REALTORS(r)

Last Buyer's Agent

Julie Poff

MKB, REALTORS(r) License #0225063336 Listed on: 01/28/2016

MKB, REALTORS(r)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $420

Lot Details

  • 0.38 Acre Lot
  • Level Lot
  • Property is zoned RSF

Schools

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

Mobile Home

  • Mobile Home Allowed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1

Property Details

Property Type

Land

Est. Annual Taxes

$420

Lot Details

0

Listing Details

  • Type: Land
  • ElectricDescription: Available
  • Land Sub Type: Residential - Single Family
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2016-06-21
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

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

  • Property Group Id: 19990816212131825981000000
  • Land Description: Level
  • Total Acreage: 0.38
  • Lot: 1
  • Land Type: Lot
  • ZoningCode: RSF

Tax Info

  • Taxes (6 mo): 420.00
  • FILLTAXID: 36-3-10

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
Jan 28, 2016
Closed on
Jul 15, 2016
Sold by
Custom Bldg Services Unlimited Incorpora
Bought by
Baker Mark A and Baker Rebecca S
Seller's Agent
Julie Poff
MKB, REALTORS(r)
Buyer's Agent
Julie Poff
MKB, REALTORS(r)
List Price
$39,500
Sold Price
$38,000
Premium/Discount to List
-$1,500
-3.8%
Current Estimated Value
$375,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,501
Avg. Annual Appreciation
28.13%
Original Mortgage
$28,500
Outstanding Balance
$22,722
Interest Rate
3.54%
Mortgage Type
Commercial
Estimated Equity
$352,779
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Baker Mark A $38,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Mark A $28,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2016 07/27/16 Sold $38,000 -3.8% --
06/21/2016 06/21/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $39,500 -- --
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 $1,791 $303,600 $48,200 $255,400
2024 $1,713 $285,500 $46,600 $238,900
2023 $3,121 $260,100 $43,800 $216,300
2022 $2,948 $245,700 $37,300 $208,400
2021 $2,828 $235,700 $35,600 $200,100
2020 $2,741 $228,400 $35,600 $192,800
2019 $2,653 $221,100 $35,600 $185,500
2018 $2,601 $220,400 $35,600 $184,800
2017 $420 $35,600 $35,600 $0
2016 $420 $35,600 $35,600 $0
2015 $431 $36,500 $36,500 $0
2014 $431 $36,500 $36,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Julie Poff

    Seller's Agent in 2016

    Julie Poff

    MKB, REALTORS(r)

    (540) 563-9903

    27 in this area

    51 Total Sales

    Julie Poff
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 822538

Roanoke Valley Association of REALTORS®

APN: 36-3-10

Virginia Salem City County Salem 24153

1208 N Mill Rd, Salem, VA

This home is located at 1208 N Mill Rd, Salem, VA 24153 since 28 January 2016 and is currently estimated at $375,501. 1208 N Mill Rd 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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