NOT LISTED FOR SALE

1408 Cloyd St Salem, VA 24153

Estimated Value: $209,000 - $230,000

3 Beds
1 Bath
980 Sq Ft
$225/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $155,001 $158 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,287/month

5 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Shed
  • Salem High School Rated A-
  • Covered Patio or Porch
  • Level Lot

About This Home

As of April 2021

1. Stove, Refrigerator, Microwave, Dishwasher2. Changed from Gas to All ElectricCompletely Renovated since purchased (2011)-New laminate flooring throughout, tile in bath-room, new windows, new electrical service panelnew water heater, new heat pump, new dishwasher, new kitchen cabinets and microwave (2018) new roof on house and two out-buildings.

Last Buyer's Agent

ANASTASIA M THOMPSON

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225083789

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,149

Year Built

  • Built in 1961

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 125
  • Level Lot

Home Design

  • Ranch Style House
  • Slab Foundation

Interior Spaces

  • 980 Sq Ft Home
  • Drapes & Rods
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Southside Hills Subdivision

Listing and Financial Details

  • Legal Lot and Block 17 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,149

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Interior Features: All Drapes
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Patio, Paved Driveway, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 980.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 980
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2021-03-29
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: Yes
  • Total Above Grd Fin S Q F T: 980
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 980.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Rear Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Cable TV, Paved Road

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 60 x 125
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.17
  • Lot: 17
  • Phase: 1

Rental Info

  • Tenant: Vacant

Building Info

  • Year Built: 1961

Tax Info

  • Taxes (6 mo): 1149.00
  • FILLTAXID: 238-3-1

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
Mar 24, 2021
Closed on
Apr 21, 2021
Sold by
Reed Douglas W and Reed Elizabeth D
Bought by
Moore Linda E
Buyer's Agent
ANASTASIA M THOMPSON
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$139,950
Sold Price
$155,001
Premium/Discount to List
$15,051
10.75%
Current Estimated Value
$220,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,894
Avg. Annual Appreciation
8.59%
Original Mortgage
$152,192
Outstanding Balance
$139,184
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$81,711

Purchase Details

Closed on
Sep 10, 2010
Sold by
Ferguson Judy B and Brandau Leon C
Bought by
Reed Douglas W and Reed Elizabeth D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,850
Interest Rate
4.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Moore Linda E $155,001 American Title & Setmnt Agcy
Reed Douglas W $102,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Linda E $152,192
Previous Owner Reed Douglas W $76,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $155,001 +10.8% $158 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $139,950 -- $143 / 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 $941 $156,800 $38,600 $118,200
2023 $1,678 $139,800 $36,000 $103,800
2022 $1,510 $125,800 $30,900 $94,900
2021 $1,188 $99,000 $27,800 $71,200
2020 $1,150 $95,800 $27,800 $68,000
2019 $1,090 $90,800 $27,800 $63,000
2018 $1,062 $90,000 $27,800 $62,200
2017 $1,051 $89,100 $27,800 $61,300
2016 $1,057 $89,600 $27,800 $61,800
2015 $1,034 $87,600 $27,000 $60,600
2014 $1,034 $87,600 $27,000 $60,600
Source: Public Records

Agents Affiliated with this Home

  • ANASTASIA M THOMPSON

    Buyer's Agent in 2021

    ANASTASIA M THOMPSON

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 387-5800

    6 in this area

    71 Total Sales

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 878097

Roanoke Valley Association of REALTORS®

APN: 238-3-1

Virginia Salem City County Salem 24153

1408 Cloyd St, Salem, VA

This home is located at 1408 Cloyd St, Salem, VA 24153 since 24 March 2021 and is currently estimated at $220,895, approximately $225 per square foot. This property was built in 1961. 1408 Cloyd St is a home located in Salem City with nearby schools including South Salem Elementary School, Andrew Lewis Middle School, and Salem High School.

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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