NOT LISTED FOR SALE

1238 Red Lane Extension Salem, VA 24153

Estimated Value: $505,018 - $599,000

4 Beds
3.5 Baths
3,405 Sq Ft
$159/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $215,000 $63 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $3,142/month

143 Days on Market

Highlights

  • Golf Course Community
  • 0.87 Acre Lot
  • Sun or Florida Room
  • Salem High School Rated A-
  • Family Room with Fireplace
  • No HOA

About This Home

As of December 2012

Priced $50K below assessment for Quick Sale.Large Family Home features low maintenance exterior.Oversized fenced rear yard & convenient Salem location;FR w/HWFLS & Brick FP;Sunroom w/Tile FL;Upper level Master Suite W/W-I Closet,3 additional BRS,2nd Full BA,partially finished LL features Brick FP,3rd Full BA, Storage.

Last Agent to Sell the Property

Callie Dalton

LONG & FOSTER - OAK GROVE License #0225078001 Listed on: 06/19/2012

LONG & FOSTER - OAK GROVE

Last Buyer's Agent

Callie Dalton

LONG & FOSTER - OAK GROVE License #0225078001 Listed on: 06/19/2012

LONG & FOSTER - OAK GROVE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $3,473

Year Built

  • Built in 1972

Lot Details

  • 0.87 Acre Lot
  • Fenced Yard
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Sun or Florida Room
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Shed

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3

Community Details

Overview

  • No Home Owners Association
  • Buckingham Estates Subdivision

Recreation

  • Golf Course Community

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$3,473

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Masonry Fireplace, Walk-in-Closet
  • Heating System: Heat Pump Electric, Zoned Heat
  • Fireplace(s): Family Room, Recreation Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Central Vacuum, Clothes Dryer, Clothes Washer, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling, Zoned Cooling
  • Outside Features: Fenced Yard, Patio, Storage Shed, Sunroom
  • BedroomsBRUpperLevel: 4
  • EntryAboveGrdFin Sq Ft: 1583.00
  • ExteriorDoors: Insulated Storm
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 4381
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Comcast
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 607.00
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2012-11-09
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubdivisionMap: Buckingham Estates
  • Total Above Grd Fin S Q F T: 2798
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3405.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 976.00
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 976.00
  • UpperAboveGrdFin Sq Ft: 1215.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior, Underground Util

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.87
  • Lot: 3

Building Info

  • Year Built: 1972

Tax Info

  • Taxes (6 mo): 3473.00
  • FILLTAXID: 23-2-12

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2012
Closed on
Dec 27, 2012
Sold by
Carter Edward T and Carter Monica D
Bought by
Austin Dabuek W
Seller's Agent
Callie Dalton
LONG & FOSTER - OAK GROVE
Buyer's Agent
Callie Dalton
LONG & FOSTER - OAK GROVE
List Price
$244,000
Sold Price
$215,000
Premium/Discount to List
-$29,000
-11.89%
Current Estimated Value
$542,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,005
Avg. Annual Appreciation
7.56%
Original Mortgage
$172,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2005
Sold by
Fapiano Donald J and Fapiano Viola H
Bought by
Carter Edward T and Carter Monica D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
6.06%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Austin Dabuek W $215,000 Fidelity National Title Insu
Carter Edward T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garmon Mack B $164,500
Closed Austin Dabuek W $172,000
Previous Owner Carter Edward T $120,000
Previous Owner Carter Edward T $231,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2012 12/28/12 Sold $215,000 -11.9% $63 / Sq Ft
11/09/2012 11/09/12 Pending -- -- --
06/19/2012 06/19/12 For Sale $244,000 -- $72 / 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 $2,333 $395,400 $81,000 $314,400
2024 $2,155 $359,200 $71,300 $287,900
2023 $4,066 $338,800 $68,100 $270,700
2022 $3,785 $315,400 $62,900 $252,500
2021 $3,649 $304,100 $58,400 $245,700
2020 $3,301 $275,100 $55,100 $220,000
2019 $3,253 $271,100 $55,100 $216,000
2018 $3,199 $271,100 $55,100 $216,000
2017 $3,167 $268,400 $55,100 $213,300
2016 $3,167 $268,400 $55,100 $213,300
2015 $3,034 $257,100 $52,500 $204,600
2014 $3,034 $257,100 $52,500 $204,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 782895

Roanoke Valley Association of REALTORS®

APN: 23-2-12