NOT LISTED FOR SALE

121 Frantz St Salem, VA 24153

Estimated Value: $184,000 - $199,000

2 Beds
1 Bath
877 Sq Ft
$220/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $196,000 $223 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,083/month

30 Days on Market

Highlights

  • Deck
  • No HOA
  • 1-Story Property
  • Salem High School Rated A-
  • Covered patio or porch
  • Detached Carport Space

About This Home

As of April 2024

This charming brick ranch sits on a generous half-acre lot on a low-traffic dead end street. Boasting 8.5-foot ceilings throughout the main floor, the residence offers a comfortable living environment. Entering the home, you'll find a formal dining room, living room, two inviting bedrooms, and a convenient full bathroom. The kitchen has been recently updated with modern appliances, enhancing both style and functionality. Step outside to an expansive back deck perfect for outdoor entertaining, along with a covered front porch ideal for relaxing evenings. Additional features include a convenient carport and a spacious 17.5ft by 17.7ft workshop, fully equipped with electricity, offering ample space for hobbies or projects. This move-in-ready home is waiting for you to see it today!

Last Agent to Sell the Property

Cassandra Pelletier

NEXTHOME TWOFOURFIVE License #0225251661 Listed on: 02/21/2024

NEXTHOME TWOFOURFIVE

Last Buyer's Agent

Jessie Jones

REAL BROKER LLC - DGA-SALEM License #0225259610

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,115

Year Built

  • Built in 1929

Lot Details

  • 0.54 Acre Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 877 Sq Ft Home
  • 1-Story Property
  • Partial Basement
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Detached Carport Space

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot New 3A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,115

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Heating System: Heat Pump Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Dishwasher, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Deck, Other - See Remarks
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 877.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1169
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Detached
  • RatifiedContractDt: 2024-03-22
  • Residential Type: Detached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 877
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 877.00
  • TotalUnfin Sq Ft: 292.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 292.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • 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

Schools

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

Lot Info

  • Lot Description: Cleared, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.54
  • Lot: New 3A

Building Info

  • Year Built: 1929

Tax Info

  • Taxes (6 mo): 1114.80
  • FILLTAXID: 80-2-28

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Apr 18, 2024
Sold by
Star City Investments Llc
Bought by
Coleman Kendra
Seller's Agent
Cassandra Pelletier
NEXTHOME TWOFOURFIVE
Buyer's Agent
Jessie Jones
REAL BROKER LLC - DGA-SALEM
List Price
$219,000
Sold Price
$196,000
Premium/Discount to List
-$23,000
-10.5%
Views
139
Current Estimated Value
$187,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,932
Avg. Annual Appreciation
-1.17%
Original Mortgage
$156,800
Outstanding Balance
$154,745
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$38,278

Purchase Details

Closed on
Nov 27, 2023
Sold by
Centerfield Llc and Centerfield Ventures Llc
Bought by
Star City Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
7.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 15, 2018
Sold by
Downtown Holdings Llc
Bought by
Centerfield Llc

Purchase Details

Listed on
Nov 1, 2017
Closed on
Nov 29, 2017
Sold by
Collins Lindsay G
Bought by
Downtown Holdings Llc
Seller's Agent
Neil Conner
THE GOOD SIGN REAL ESTATE CO.
Buyer's Agent
Rick Payne
MKB, REALTORS(r)
List Price
$74,950
Sold Price
$71,000
Premium/Discount to List
-$3,950
-5.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%
Original Mortgage
$83,150
Interest Rate
3.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 22, 2006
Sold by
White Roger and White Alicia Jean
Bought by
Collins Lindsay G
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
Coleman Kendra $196,000 Pike Title
Star City Investments Llc $145,000 Fidelity National Title
Centerfield Llc -- Fidelity National Title Insu
Downtown Holdings Llc $71,000 First American Title Ins
Collins Lindsay G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Kendra $156,800
Previous Owner Star City Investments Llc $1,400,000
Previous Owner Downtown Holdings Llc $83,150
Previous Owner Collins Lindsay G $45,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $196,000 -2.0% $223 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/07/2024 03/07/24 Price Changed $199,950 -4.3% $228 / Sq Ft
02/29/2024 02/29/24 Price Changed $209,000 -4.6% $238 / Sq Ft
02/21/2024 02/21/24 For Sale $219,000 +208.5% $250 / Sq Ft
11/30/2017 11/30/17 Sold $71,000 -5.3% $81 / Sq Ft
11/06/2017 11/06/17 Pending -- -- --
11/01/2017 11/01/17 For Sale $74,950 -- $85 / 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
2024 $702 $117,000 $31,300 $85,700
2023 $1,261 $105,100 $29,200 $75,900
2022 $1,115 $92,900 $24,200 $68,700
2021 $1,051 $87,600 $22,900 $64,700
2020 $1,020 $85,000 $22,900 $62,100
2019 $995 $82,900 $22,900 $60,000
2018 $959 $81,300 $22,900 $58,400
2017 $950 $80,500 $22,900 $57,600
2016 $898 $80,500 $22,900 $57,600
2015 $898 $79,700 $22,000 $57,700
2014 $898 $79,700 $22,000 $57,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 905139

Roanoke Valley Association of REALTORS®

APN: 80-2-28