NOT LISTED FOR SALE

1225 Pearl St Salem, VA 24153

Estimated Value: $220,000 - $248,000

1 Bed
1 Bath
1,055 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $195,000 $185 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,408/month

2 Days on Market

Highlights

  • Mountain View
  • Deck
  • Cathedral Ceiling
  • Salem High School Rated A-
  • Living Room with Fireplace
  • No HOA

About This Home

As of June 2022

FULLY RENOVATED ONE LEVEL LIVING IN A FANTASTIC LOCATION ON THE QUIET END OF THE STREET. WALKING DISTANCE TO CIVIC CENTER, RED SOX FIELD, SALEM STADIUM, AND DOWNTOWN SALEM. VERY CHARMING OPEN CONCEPT WITH CATHEDRAL CEILINGS. RENOVATED IN 2019, SOLID WOOD FLOORING, NEW SKYLIGHTS, WATER HEATER, AND ROOF. BATH FEATURES HEATED CERAMIC TILE FLOOR, NEW VANITY, AND SHOWER. NEW STAINLESS APPLIANCES IN KITCHEN, GRANITE COUNTERTOPS, AND SELF-CLOSING CABINETS. BEAUTIFUL SOLID CUSTOM WINDOWS, CUSTOM BLINDS, AND SOLID FRONT DOOR. NEWLY PAINTED EXTERIOR AND LARGE DECK. FIREPLACE IN LIVING ROOM AND OUT BACK AT ENTERTAINING AREA. PLENTY OF SQUARE FOOTAGE TO ADD A BEDROOM IF NEEDED. MOVE IN READY, QUAINT, CHARMING, EASY TO LIVE IN, AND CONVENIENT.

Last Agent to Sell the Property

Max Darnall

RE/MAX REAL ESTATE ONE License #0225213949 Listed on: 05/19/2022

RE/MAX REAL ESTATE ONE

Last Buyer's Agent

SEAN P TURK

RE/MAX ALL STARS License #0225185117

RE/MAX ALL STARS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,672

Year Built

  • Built in 1930

Lot Details

  • 0.26 Acre Lot

Interior Spaces

  • 1,055 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Cathedral Ceiling
  • Skylights
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Partial Basement
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,672

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Cathedral Ceiling, Masonry Fireplace, Skylight
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room, Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Deck, Patio
  • Views: Mountain, Sunrise, Sunset
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1055.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1199
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2022-05-21
  • Residential Type: Detached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 1055
  • TotalBdrm: 1
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1055.00
  • TotalUnfin Sq Ft: 144.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 144.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Schools

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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.26
  • Lot: 14

Building Info

  • Year Built: 1930

Tax Info

  • Taxes (6 mo): 1671.60
  • FILLTAXID: 197/1/11//

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
May 19, 2022
Closed on
Jun 15, 2022
Sold by
Deaton Lineberry Annette
Bought by
Hall Derick Wade
Seller's Agent
Max Darnall
RE/MAX REAL ESTATE ONE
Buyer's Agent
SEAN P TURK
RE/MAX ALL STARS
List Price
$185,000
Sold Price
$195,000
Premium/Discount to List
$10,000
5.41%
Current Estimated Value
$237,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,902
Avg. Annual Appreciation
6.45%
Original Mortgage
$180,000
Outstanding Balance
$171,557
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$66,345

Purchase Details

Listed on
Jan 27, 2019
Closed on
Apr 8, 2019
Sold by
Je2 Investgments Llc
Bought by
Deaton Lineberry Annette
Seller's Agent
Patricia Lawson
LICHTENSTEIN ROWAN, REALTORS(r)
Buyer's Agent
Robin Atkins
BARKER REALTY CO
List Price
$169,000
Sold Price
$140,000
Premium/Discount to List
-$29,000
-17.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%

Purchase Details

Closed on
May 22, 2017
Sold by
Judd Mark D
Bought by
1E2 Investments Llc
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
Hall Derick Wade $195,000 Priority Title
Deaton Lineberry Annette $140,000 Fidelity National Ttl Ins Co
1E2 Investments Llc $22,575 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Derick Wade $180,000
Previous Owner Linebebry Annette Deaton $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $195,000 +5.4% $185 / Sq Ft
05/21/2022 05/21/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $185,000 +32.1% $175 / Sq Ft
04/22/2019 04/22/19 Sold $140,000 -17.2% $133 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
01/27/2019 01/27/19 For Sale $169,000 -- $160 / 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 $1,339 $227,000 $46,200 $180,800
2024 $1,235 $205,900 $39,200 $166,700
2023 $2,152 $179,300 $36,600 $142,700
2022 $1,672 $139,300 $32,900 $106,400
2021 $1,585 $132,100 $31,900 $100,200
2020 $1,553 $129,400 $31,900 $97,500
2019 $1,490 $124,200 $31,900 $92,300
2018 $891 $75,500 $31,900 $43,600
2017 $857 $72,600 $31,900 $40,700
2016 $857 $72,600 $31,900 $40,700
2015 $880 $74,600 $30,500 $44,100
2014 $880 $74,600 $30,500 $44,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 889637

Roanoke Valley Association of REALTORS®

APN: 197-1-11