Estimated Value: $206,000 - $227,332
2
Beds
1
Bath
1,260
Sq Ft
$173/Sq Ft
Est. Value
Highlights
- City View
- Ranch Style House
- Bay Window
- Fort Lewis Elementary School Rated A-
- No HOA
- Patio
About This Home
As of August 2021This charming home is nestled atop Salem offering stunning day views of the mountains and magnificent night skies. While this offers lots of privacy in a country like setting on 1.57 acres it is just minutes from 1-81 shopping and downtown Salem. This ranch home features 1,260 sq.ft. of an open floor plan with plenty of natural light, 2 bedrooms, 1 bath, a stunning mountain view from the bay windows in the living room, newly updated kitchen, fresh paint throughout, hardwood floors, and a dining area with a fireplace. Step outside to find new concrete walkways and patios in the front and the back of the home creating a peaceful ambience, to gather and retreat, and to watch nature by day and starry skies by night. New HVAC to be installed 7/15.
Last Agent to Sell the Property
WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225253444 Listed on: 06/29/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,172
Year Built
- Built in 1938
Lot Details
- 1.57
Parking
- Off-Street Parking
Property Views
- City
- Mountain
Home Design
- Ranch Style House
Interior Spaces
- 1,260 Sq Ft Home
- Ceiling Fan
- Bay Window
- Crawl Space
- Laundry on main level
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Schools
- Fort Lewis Elementary School
- Glenvar Middle School
- Glenvar High School
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Electric Water Heater
- Cable TV Available
Additional Features
- Patio
- 1.57 Acre Lot
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 29, 2021
Closed on
Aug 6, 2021
Sold by
Lambert Paige I
Bought by
Tyrer John L and Love Deborah D
Seller's Agent
Carol Walker
WAINWRIGHT & CO., REALTORS(r)- LAKE
Buyer's Agent
Leaona Lucas
COLDWELL BANKER TOWNSIDE, REALTORS(r)
List Price
$180,000
Sold Price
$173,000
Premium/Discount to List
-$7,000
-3.89%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,583
Avg. Annual Appreciation
6.13%
Original Mortgage
$138,400
Outstanding Balance
$127,198
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$90,193
Purchase Details
Listed on
Aug 9, 2017
Closed on
Sep 19, 2017
Sold by
The Secretary Of Hud
Bought by
Lambert Paige L
Seller's Agent
Robert Hartman
REALSTAR, REALTORS(r) LLC
List Price
$50,000
Sold Price
$63,500
Premium/Discount to List
$13,500
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
30.27%
Original Mortgage
$65,656
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 5, 2017
Sold by
The Bank Of New York Mellon Trust Co Na
Bought by
Secretary Of Hud
Purchase Details
Closed on
Jun 15, 2016
Sold by
Ocwen Loan Servicing Llc
Bought by
Secretary Of The United States Departmen
Purchase Details
Closed on
Feb 23, 2016
Sold by
The Secretary Of The United States Depar
Bought by
Ocwen Loan Servicing Llc
Purchase Details
Closed on
Jan 30, 2015
Sold by
Gmac Mortgage Llc
Bought by
The Secretary Of The United States Depar
Purchase Details
Closed on
Mar 28, 2013
Sold by
Secretary Of Hud
Bought by
Surety Trustees Llc
Purchase Details
Closed on
Jun 26, 2008
Sold by
Wade Frank R
Bought by
Spring Darla M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,068
Interest Rate
6.35%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 1, 2005
Sold by
Wade Frances J
Bought by
Wade Frank R
Similar Homes in Salem, VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tyrer John L | $173,000 | Accommodation | |
| Lambert Paige L | $63,500 | Colonial Title & Settlement | |
| Secretary Of Hud | $106,300 | None Available | |
| Bank Of New York Mellon Trust Company N | $106,300 | None Available | |
| Secretary Of The United States Departmen | -- | None Available | |
| Ocwen Loan Servicing Llc | -- | None Available | |
| The Secretary Of The United States Depar | -- | None Available | |
| Surety Trustees Llc | -- | None Available | |
| Spring Darla M | $125,000 | Acquisition Title Company | |
| Wade Frank R | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tyrer John L | $138,400 | |
| Previous Owner | Lambert Paige L | $65,656 | |
| Previous Owner | Spring Darla M | $123,068 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2021 08/19/21 | Sold | $173,000 | -3.9% | $137 / Sq Ft |
| 07/16/2021 07/16/21 | Pending | -- | -- | -- |
| 06/29/2021 06/29/21 | For Sale | $180,000 | +183.5% | $143 / Sq Ft |
| 11/03/2017 11/03/17 | Sold | $63,500 | +27.0% | $50 / Sq Ft |
| 08/31/2017 08/31/17 | Pending | -- | -- | -- |
| 08/09/2017 08/09/17 | For Sale | $50,000 | -- | $40 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Tax History Compared to Growth
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 | $1,663 | $159,900 | $50,400 | $109,500 |
| 2023 | $1,649 | $155,600 | $45,400 | $110,200 |
| 2022 | $1,566 | $143,700 | $42,400 | $101,300 |
| 2021 | $1,239 | $113,700 | $42,400 | $71,300 |
| 2020 | $1,172 | $107,500 | $39,400 | $68,100 |
| 2019 | $1,105 | $101,400 | $36,400 | $65,000 |
| 2018 | $1,063 | $97,500 | $37,600 | $59,900 |
| 2017 | $1,168 | $107,200 | $37,600 | $69,600 |
| 2016 | $1,159 | $106,300 | $37,600 | $68,700 |
| 2015 | $1,138 | $104,400 | $37,600 | $66,800 |
| 2014 | $1,128 | $103,500 | $37,600 | $65,900 |
Source: Public Records
Agents Affiliated with this Home
-
Carol Walker
C
Seller's Agent in 2021
Carol Walker
WAINWRIGHT & CO., REALTORS(r)- LAKE
(540) 797-0648
9 Total Sales
-
Leaona Lucas
Buyer's Agent in 2021
Leaona Lucas
COLDWELL BANKER TOWNSIDE, REALTORS(r)
(540) 808-8979
9 Total Sales
-
Robert Hartman
Seller's Agent in 2017
Robert Hartman
REALSTAR, REALTORS(r) LLC
(540) 537-1005
123 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 881418
APN: 045.03-01-26
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