NOT LISTED FOR SALE

1407 N Mill Rd Salem, VA 24153

Estimated Value: $189,000 - $262,000

3 Beds
1 Bath
1,259 Sq Ft
$185/Sq Ft Est. Value

Last Sold December 11, 2019

Last sale price $104,500 $83 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,336/month

Highlights

  • No HOA
  • Covered Patio or Porch
  • 2 Car Detached Garage
  • G.W. Carver Elementary School Rated 9+
  • Log Cabin
  • Garden

About This Home

As of December 2019

Priced $20,000 under 2019 assessment. House with lots of potential or great rental in the City of Salem. Convenient location.Walking distance to Hanging Rock Battlefield Trail and Parkway Brewery. Two bedrooms on entry level and additional loft bedroom on the upper level. Largeeat in kitchen and family room with fireplace. Covered front porch. Newer siding, windows, roof and HVAC. Parking for multiple cars with huge paved parkingarea behind house. Large shop with two garage doors, walk door and loft. Property sold ''as is''. Owner/agent.

Last Agent to Sell the Property

Chelsea Dyer

FIRST CHOICE REAL ESTATE LLC - ROANOKE License #0225201612 Listed on: 11/20/2019

Last Buyer's Agent

Steve Stevens

RE/MAX REAL ESTATE ONE License #0225098053

RE/MAX REAL ESTATE ONE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,666

Year Built

  • Built in 1950

Lot Details

  • 0.4 Acre Lot
  • Level Lot
  • Garden

Home Design

  • Log Cabin

Interior Spaces

  • 1,259 Sq Ft Home
  • 1.5-Story Property
  • Family Room with Fireplace
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Detached Garage
  • 8 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • G. W. Carver Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Central Air
  • Heat Pump System
  • Baseboard Heating

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,666

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Heating System: Baseboard Electric, Heat Pump Electric
  • Fireplace(s): Family Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Garden Space
  • BedroomsBREntryLevel: 2
  • BedroomsBRUpperLevel: 1
  • EntryAboveGrdFin Sq Ft: 1060.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 2319
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2019-11-22
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1259
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1259.00
  • TotalUnfin Sq Ft: 1060.00
  • UncoveredNumberSpaces: 8.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1060.00
  • UpperAboveGrdFin Sq Ft: 199.00
  • Water Class: N/A
  • 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

Schools

  • Elementary School: G. W. Carver
  • Middle School: Andrew Lewis
  • High School: Salem High

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.40

Building Info

  • Year Built: 1950

Tax Info

  • Taxes (6 mo): 1665.60
  • FILLTAXID: 35-2-3

MLS Schools

  • Elementary School: G. W. Carver
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2019
Closed on
Dec 6, 2019
Sold by
Bear Cub And Sissy Llc
Bought by
Rnk Properties Llc
Seller's Agent
Chelsea Dyer
FIRST CHOICE REAL ESTATE LLC - ROANOKE
Buyer's Agent
Steve Stevens
RE/MAX REAL ESTATE ONE
List Price
$118,800
Sold Price
$104,500
Premium/Discount to List
-$14,300
-12.04%
Current Estimated Value
$233,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,878
Avg. Annual Appreciation
14.72%

Purchase Details

Closed on
Sep 20, 2019
Sold by
Johnson Debra K and Johnson William E
Bought by
Bear Cub And Sissy Llc

Purchase Details

Closed on
Nov 7, 2005
Sold by
Moulse Michael D
Bought by
Johnson Debra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000
Interest Rate
6.07%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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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
Rnk Properties Llc $104,500 First American Title Ins Co
Bear Cub And Sissy Llc $80,000 Fidelity National Ttl Ins Co
Johnson Debra K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Debra K $13,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2019 12/11/19 Sold $104,500 -12.0% $83 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
11/20/2019 11/20/19 For Sale $118,800 -- $94 / 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 $1,221 $207,000 $48,400 $158,600
2024 $1,162 $193,700 $46,700 $147,000
2023 $1,962 $163,500 $44,000 $119,500
2022 $1,762 $146,800 $37,400 $109,400
2021 $1,724 $143,700 $35,700 $108,000
2020 $1,680 $140,000 $35,700 $104,300
2019 $1,666 $138,800 $35,700 $103,100
2018 $1,626 $137,800 $35,700 $102,100
2017 $1,613 $136,700 $35,700 $101,000
2016 $1,613 $136,700 $35,700 $101,000
2015 $1,536 $130,200 $33,000 $97,200
2014 $1,536 $130,200 $33,000 $97,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 865032

Roanoke Valley Association of REALTORS®

APN: 35-2-3