NOT LISTED FOR SALE

135 Academy St Salem, VA 24153

Estimated Value: $184,000 - $200,000

1 Bed
1 Bath
725 Sq Ft
$127/mo HOA Fee

Last Sold May 16, 2019

Last sale price $120,000 $166 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,265/month

13 Days on Market

Highlights

  • Central Air
  • Ceiling Fan
  • Level Lot
  • Salem High School Rated A-

About This Home

As of May 2019

Beautiful light-filled condo in historic building. Huge windows with custom blinds. Completely renovated in 2016. Hardwood flooring replaced throughout main floor in 2019. Freshly painted and move in ready. Loft not counted in SF - suitable for guest space with lots of storage. Walking distance to Main Street - restaurants, shops, farmer's market, banks, library, post office, festivals. Stainless kitchen appliances, stack W/D, all convey.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,215

Year Built

  • Built in 1985

Lot Details

  • 1.26

HOA Fees

  • $127 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 725 Sq Ft Home
  • Ceiling Fan
  • Drapes & Rods
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Kimberly Pitzer Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,215

Year Built

Built in 1985

Lot Details

0

HOA Fees

$127 per month

Listing Details

  • Interior Features: All Drapes, Ceiling Fan
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Condominium
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Freezer, Microwave Oven (Built In), Range Electric, Range Hood, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Paved Driveway
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 725.00
  • ExteriorDoors: Metal
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 725
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Phone Email: 000000000
  • P O A Condo Contact Name: Kimberly Pitzer
  • POACondoDues: 127.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2019-05-07
  • Residential Type: Attached
  • Total Above Grd Fin S Q F T: 725
  • TotalBdrm: 1
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 725.00
  • Uncovered Parking: Designated Spaces
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

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

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000

Building Info

  • Year Built: 1985

Tax Info

  • Taxes (6 mo): 1215.00
  • FILLTAXID: 105-6-2-135

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2020
Sold by
Marry Lauren E and Marry Shaun D
Bought by
Gober James Richard
Current Estimated Value
$193,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,500
Outstanding Balance
$102,758
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$90,999

Purchase Details

Listed on
Apr 24, 2019
Closed on
May 9, 2019
Sold by
Grabowski Sandra Lynne and Conyers Michael Dale
Bought by
Mabry Lauren E and Mabry Shaun D
List Price
$127,500
Sold Price
$120,000
Premium/Discount to List
-$7,500
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%

Purchase Details

Closed on
Apr 4, 2016
Sold by
Martin Opal M
Bought by
Simmons Jane J

Purchase Details

Closed on
Mar 3, 2009
Sold by
Craig Lydsi N and Craig Robert Randall
Bought by
Martin Opal M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,500
Interest Rate
6.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gober James Richard $129,000 Fidelity National Ttl Ins Co
Mabry Lauren E $120,000 Acquisition Ttl & Setmnt Agc
Simmons Jane J $110,000 First American Title Ins Co
Martin Opal M $126,500 Lawyers Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gober James Richard $114,500
Previous Owner Martin Opal M $96,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2019 05/16/19 Sold $120,000 -5.9% $166 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $127,500 -- $176 / 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
2024 $924 $154,000 $25,000 $129,000
2023 $1,548 $129,000 $0 $129,000
2022 $1,408 $117,300 $0 $117,300
2021 $1,336 $111,300 $0 $111,300
2020 $1,316 $109,700 $0 $109,700
2019 $1,236 $103,000 $0 $103,000
2018 $1,176 $99,700 $0 $99,700
2017 $1,176 $99,700 $0 $99,700
2016 $1,082 $91,700 $0 $91,700
2015 $500 $84,800 $11,200 $73,600
2014 $500 $84,800 $11,200 $73,600
Source: Public Records

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 858398

Roanoke Valley Association of REALTORS®

APN: 105-6-2-135