$220,000
SOLD OCT 17, 2024

1401 Gratton St Salem, VA 24153

3 Beds
1 Bath
950 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$232 Per Sq Ft

2% Below List Price

2 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • Google Fiber
  • Salem High School Rated A-
  • No HOA
  • Front Porch

About This Home

As of October 2024

This Brick Ranch in on an awesome corner lot on a quiet street just minutes from Main St. Salem. Houses built in the late 60s had the best materials and best craftsmanship. This one is no exception! The immaculate original old growth hardwood floors and the original built in cabinets in the kitchen harken to a simpler time when durability was as important as the beauty of natural wood. Bathrooms become worn and dated over time so this one has been beautifully remodeled. The energy efficient vinyl replacement windows ensure that the central air conditioning does not have to work too hard and the natural gas furnace keeps the inside warm and cozy on the coldest winter day. The architectural shingle roof was replaced appox. 5 years ago and looks amazing, contrasting nicely with the mature

Last Agent to Sell the Property

Keith Martin

LICHTENSTEIN ROWAN, REALTORS(r) License #0225264686 Listed on: 09/10/2024

Last Buyer's Agent

Amber Mason

MKB, REALTORS(r) License #0225226234

MKB, REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,174

Year Built

  • Built in 1969

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 950 Sq Ft Home
  • Ceiling Fan
  • Flue
  • Bay Window
  • Mountain Views
  • Basement Fills Entire Space Under The House
  • Gas Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9 / 6

Community Details

Overview

  • No Home Owners Association
  • Southside Hills Subdivision

Amenities

  • Restaurant
  • Google Fiber

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,174

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Flue Available
  • Heating System: Forced Air Electric, Gas - Natural
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Range Gas, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Bay Window, Patio, Storage Shed
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 950.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 950
  • Internet Access: Cable, Fiber
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2024-09-12
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Southside Hills
  • Total Above Grd Fin S Q F T: 950
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 950.00
  • 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: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Underground Util

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.17
  • Lot: 9

Building Info

  • Year Built: 1969

Tax Info

  • Taxes (6 mo): 2174.40
  • FILLTAXID: 240-1-6

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Oct 16, 2024
Sold by
Williams Paula Nicole and Louthian Paula Nicole
Bought by
Carder Robert Landon and Winters Alyssa J
Seller's Agent
Keith Martin
LICHTENSTEIN ROWAN, REALTORS(r)
Buyer's Agent
Amber Mason
MKB, REALTORS(r)
List Price
$224,950
Sold Price
$220,000
Premium/Discount to List
-$4,950
-2.2%
Views
5
Current Estimated Value
$233,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,636
Avg. Annual Appreciation
14.61%
Original Mortgage
$6,600
Outstanding Balance
$5,571
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$240,453

Purchase Details

Closed on
Mar 4, 2021
Sold by
Repass Michael D and Repass Elizabeth B
Bought by
Williams Paula Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,647
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2017
Sold by
Cowling Lois I and Woolwine Cosby Bruce
Bought by
Repass Michael D and Repass Elizabeth B
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $220,000 Pike Title
Deed $169,950 Performance Title And Setmnt
Deed $169,950 Old Republic National Title
Deed $90,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,600 New Conventional
Open $213,400 New Conventional
Previous Owner $7,647 New Conventional
Previous Owner $164,851 New Conventional
Previous Owner $7,647 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2024 10/17/24 Sold $220,000 -2.2% $232 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $224,950 -- $237 / 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 $1,087 $181,200 $38,600 $142,600
2023 $1,962 $163,500 $36,000 $127,500
2022 $1,796 $149,700 $30,900 $118,800
2021 $1,490 $124,200 $27,800 $96,400
2020 $1,440 $120,000 $27,800 $92,200
2019 $1,390 $115,800 $27,800 $88,000
2018 $1,353 $114,700 $27,800 $86,900
2017 $1,294 $109,700 $27,800 $81,900
2016 $1,294 $109,700 $27,800 $81,900
2015 $440 $107,100 $27,000 $80,100
2014 $440 $107,100 $27,000 $80,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 910795

Roanoke Valley Association of REALTORS®

APN: 240-1-6