NOT LISTED FOR SALE

1308 Red Lane Extension Salem, VA 24153

Estimated Value: $513,772 - $557,000

3 Beds
2 Baths
2,331 Sq Ft
$230/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $429,000 $184 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,234/month

3 Days on Market

Highlights

  • Golf Course Community
  • Mountain View
  • Sun or Florida Room
  • Fort Lewis Elementary School Rated A-
  • Ranch Style House
  • No HOA

About This Home

As of September 2021

Beautiful custom built patio home has been meticulously cared for! Home offers a desirable one floor living with a spacious open concept. The great room features a gas log fireplace with 9 foot ceilings. The gourmet kitchen was custom designed. A spacious master bedroom with walk-in closet and private bath has new frameless shower enclosure. The enclosed front porch features heating/cooling with motorized window blinds. French doors open up to a four-season sun room with heating/cooling. The sun room features motorized retractable outdoor awnings! The private backyard has sunset mountain views with a patio, outdoor BBQ with FireMagic grill (power burner) plumbed natural gas. The attached 23x24 2 car garage has pull down stairs for easy attic access and storage. The 10x12 shed has

Last Buyer's Agent

Nathan Hungate

MKB, REALTORS(r) - OAK GROVE License #0225075038

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,449

Year Built

  • Built in 2007

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Patio Home
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,331 Sq Ft Home
  • Central Vacuum
  • Bookcases
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Sun or Florida Room
  • Storage
  • Mountain Views
  • Attic Fan

Kitchen

  • Gas Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Storm Doors

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed
  • Outdoor Grill
  • Front Porch

Schools

  • Fort Lewis Elementary School
  • Glenvar Middle School
  • Glenvar High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 4

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,449

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Interior Features: Alarm, Attic Fan, Book Shelves, Ceiling Fan, Gas Log Fireplace, Storage, Walk-in-Closet
  • Heating System: Forced Air Gas, Gas - Natural
  • Fireplace(s): Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Major Appliances: Central Vacuum, Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Microwave Oven (Built In), Range Gas, Range Hood, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Nat Gas Line Outdoor, Outdoor Barbeque, Patio, Paved Driveway, Storage Shed, Sunroom
  • Views: Mountain
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 2007.00
  • ExteriorDoors: Full View, Insulated Storm
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 2331
  • InternetAccessCurntInternetProv: Comcast
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • OtherAboveGrdFin Sq Ft: 324.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 552
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2021-08-12
  • Residential Type: Detached
  • Style Of House: 1 Story, Patio, Ranch
  • SubdivisionMap: Eagle View Estates
  • Total Above Grd Fin S Q F T: 2331
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2331.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch, Other - See Remarks

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank-less

Association/Amenities

  • Misc Features: Maint-Free Exterior, Underground Util

Schools

  • Elementary School: Fort Lewis
  • Middle School: Glenvar
  • High School: Glenvar

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.26
  • Lot: 4

Building Info

  • Year Built: 2007

Tax Info

  • Taxes (6 mo): 3448.76
  • FILLTAXID: 045.02-02-04.00-0000

MLS Schools

  • Elementary School: Fort Lewis
  • HighSchool: Glenvar
  • Middle School: Glenvar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Sep 16, 2021
Sold by
Poore Deborah
Bought by
Parsons Jennifer
Buyer's Agent
Nathan Hungate
MKB, REALTORS(r) - OAK GROVE
List Price
$429,000
Sold Price
$429,000
Current Estimated Value
$535,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,943
Avg. Annual Appreciation
5.74%
Original Mortgage
$229,000
Outstanding Balance
$208,522
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$327,421

Purchase Details

Closed on
Nov 20, 2007
Sold by
17Th Century Builders Llc
Bought by
Divirgilio James and Poore Deborah

Purchase Details

Closed on
Jan 16, 2007
Sold by
Poff Steven W and Poff Julie A
Bought by
17T5 Century Builders Llc
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
Parsons Jennifer $429,000 Acquisition Ttl & Stlmt Agcy
Divirgilio James $344,500 Preferred Settlement & Title
17T5 Century Builders Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Jennifer $229,000
Previous Owner Divirgilio James V $249,999
Previous Owner 17Th Century Builders Llc $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $429,000 0.0% $184 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $429,000 -- $184 / 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 $4,532 $440,000 $72,000 $368,000
2024 $4,315 $414,900 $72,000 $342,900
2023 $4,238 $399,800 $69,000 $330,800
2022 $3,873 $355,300 $59,000 $296,300
2021 $3,553 $326,000 $54,000 $272,000
2020 $3,449 $316,400 $50,000 $266,400
2019 $3,260 $299,100 $50,000 $249,100
2018 $3,171 $293,400 $50,000 $243,400
2017 $3,171 $290,900 $50,000 $240,900
2016 $3,139 $288,000 $50,000 $238,000
2015 $3,110 $285,300 $50,000 $235,300
2014 $3,072 $281,800 $50,000 $231,800
Source: Public Records

Agents Affiliated with this Home

  • Nathan Hungate

    Buyer's Agent in 2021

    Nathan Hungate

    MKB, REALTORS(r) - OAK GROVE

    (540) 342-4519

    124 Total Sales

    Nathan Hungate
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 882754

Roanoke Valley Association of REALTORS®

APN: 045.02-02-04

Virginia Roanoke County Salem 24153

1308 Red Lane Extension, Salem, VA

This home is located at 1308 Red Lane Extension, Salem, VA 24153 since 09 August 2021 and is currently estimated at $535,943, approximately $229 per square foot. This property was built in 2007. 1308 Red Lane Extension is a home located in Roanoke County with nearby schools including Fort Lewis Elementary School, Glenvar Middle School, and Glenvar 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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