NOT LISTED FOR SALE

1320 Red Lane Extension Salem, VA 24153

Salem Area

Estimated Value: $526,230 - $552,000

4 Beds
3 Baths
2,480 Sq Ft
$219/Sq Ft Est. Value

Sale Details

Date Sold: October 27, 2022

Last sale price $450,000 $181 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,399 / mo

2 Days on Market

Highlights

  • Cathedral Ceiling
  • Sun or Florida Room
  • Gazebo
  • Fort Lewis Elementary School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of October 2022

One level living to its finest! Large Great Room, updated kitchen with gas stove, frig(the one in garage the one in kitchen does not convey), master on main level with large mbath, Heated tile floors, modern beautiful soak tub, 3 addt bedrooms with 5th office/ bedroom, all closets cedar lined. Large enclosed sunroom with large windows and Heat / AC. overlooking a beautiful private yard setting. New large 12x20 storage building 1 year old. Conveniently located to Downtown Salem and for those golf lovers, near Hangin Rock Golf Course.. this is a great home to sit back enjoy, relax MOVE IN READY and easy living!!!

Last Agent to Sell the Property

Rhonda Spangler

RED KEY REALTY INC License #0225085809 Listed on: 09/17/2022

Co-Listed By

MATT SPANGLER

RED KEY REALTY INC License #0225214738

Last Buyer's Agent

Dana Berenbaum

MKB, REALTORS® License #0225219400

MKB, REALTORS®

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,740

Year Built

  • Built in 2007

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Home Design

  • Patio Home
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,480 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Sun or Florida Room
  • Storage
  • Laundry on main level
  • Alarm System

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Assigned Parking

Outdoor Features

  • Patio
  • Gazebo

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Underground Utilities
  • Tankless Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Restaurant

Listing and Financial Details

  • Legal Lot and Block 2 / 257-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,740

Year Built

Built in 2007

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Interior Features: Alarm, Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Storage, Walk-in-Closet
  • Heating System: Forced Air Gas
  • Fireplace(s): Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Major Appliances: Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Gas, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Gazebo, Patio, Paved Driveway, Sunroom
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 2036.00
  • Fireplace Number Fireplaces: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 1.5 Story, Patio
  • Total Above Grd Fin S Q F T: 2480
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2480.00
  • UncoveredNumberSpaces: 3.00
  • Uncovered Parking: Designated Spaces
  • UpperAboveGrdFin Sq Ft: 444.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Satellite Dish, Underground Util

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: .24
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.24
  • Lot: 2

Building Info

  • Year Built: 2007

Tax Info

  • Taxes (6 mo): 3740.00

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2022
Closed on
Oct 13, 2022
Sold by
Bought by
Seller's Agent
Rhonda Spangler
RED KEY REALTY INC
Buyer's Agent
Dana Berenbaum
MKB, REALTORS®
List Price
$449,950
Sold Price
$450,000
Premium/Discount to List
$50
0.01%
Current Estimated Value
$542,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,058
Avg. Annual Appreciation
4.98%

Purchase Details

Listed on
May 4, 2021
Closed on
Jun 11, 2021
Sold by
Bought by
Seller's Agent
Amelia Hough Gerner
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Buyer's Agent
Clarissa Roberts
REAL BROKER LLC - MCLEAN
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$399,000
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Nov 27, 2007
Sold by
Bought by

Purchase Details

Closed on
Jan 16, 2007
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$450,000 Acquisition Title
$399,000 Fidelity National Ttl Ins Co
$369,950 First American Title Ins Co
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $399,000
Previous Owner $125,001
Previous Owner $316,000
Previous Owner $100,000
Previous Owner $189,950
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2022 10/27/22 Sold $450,000 0.0% $181 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/17/2022 09/17/22 For Sale $449,950 +12.8% $181 / Sq Ft
06/16/2021 06/16/21 Sold $399,000 0.0% $161 / Sq Ft View Prior Sale
05/05/2021 05/05/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $399,000 -- $161 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,101 $495,200 $72,000 $423,200
2025 $4,723 $458,500 $72,000 $386,500
2024 $4,492 $431,900 $72,000 $359,900
2023 $4,388 $414,000 $69,000 $345,000
2022 $4,161 $381,700 $59,000 $322,700
2021 $3,674 $337,100 $54,000 $283,100
2020 $3,565 $327,100 $50,000 $277,100
2019 $3,402 $312,100 $50,000 $262,100
2018 $3,309 $305,100 $50,000 $255,100
2017 $3,309 $303,600 $50,000 $253,600
2016 $3,214 $294,900 $50,000 $244,900
2015 $3,185 $292,200 $50,000 $242,200
2014 $3,180 $291,700 $50,000 $241,700
Source: Public Records

Agents Affiliated with this Home

  • RS

    Seller's Agent in 2022

    Rhonda Spangler

    RED KEY REALTY INC

    (540) 580-5552

    15 Total Sales

    Rhonda Spangler
    Section Image

  • MS

    Seller Co-Listing Agent in 2022

    MATT SPANGLER

    RED KEY REALTY INC

  • Dana Berenbaum Real Estate Agent - MKB, REALTORS®

    Buyer's Agent in 2022

    Dana Berenbaum

    MKB, REALTORS®

    (540) 521-4424

    207 Total Sales

    Dana Berenbaum
    Section Image
  • Kim Booth Real Estate Agent - MKB, REALTORS®

    Buyer Co-Listing Agent in 2022

    Kim Booth

    MKB, REALTORS®

    (540) 793-4440

    172 Total Sales

    Kim Booth
    Section Image

  • AG

    Seller's Agent in 2021

    Amelia Hough Gerner

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Section Image

  • CR

    Buyer's Agent in 2021

    Clarissa Roberts

    REAL BROKER LLC - MCLEAN

    (540) 597-9543

    2 Total Sales

    Clarissa Roberts
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 893055

Roanoke Valley Association of REALTORS®

APN: 045.02-02-02

Virginia Roanoke County Salem 24153

1320 Red Lane Extension, Salem, VA

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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