NOT LISTED FOR SALE

1411 Penley Blvd Salem, VA 24153

Estimated Value: $310,000 - $345,000

3 Beds
3 Baths
1,624 Sq Ft
$204/Sq Ft Est. Value

Last Sold March 29, 2013

Last sale price $175,000 $108 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,840/month

142 Days on Market

Highlights

  • Mountain View
  • Family Room with Fireplace
  • No HOA
  • Deck
  • Ranch Style House
  • Covered Patio or Porch

About This Home

As of March 2013

This 3BR, 3 bath home is located in South Salem. It has a great floor plan with the family room on the main level opening up to the kitchen. It is a one owner home with 2 masonry fireplaces (gas log inserts), replacement windows and beautiful floors. Newer carpet in the bedrooms. Spacious 2 car garage under with a private back yard and mountain views.

Last Buyer's Agent

Liz Bowles

WAINWRIGHT & CO., REALTORS(r) License #0225199890

WAINWRIGHT & CO.,  REALTORS(r)

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,897

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 80 x 128 x 100 x 134

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,624 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Basement

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

Parking

  • 2 Covered Spaces
  • Tuck Under Garage

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot Mjr pt LT 7 & all 8

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,897

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Gas Log Fireplace, Masonry Fireplace
  • Heating System: Forced Air Gas
  • Fireplace(s): Basement, Family Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Range Electric
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Deck, Paved Driveway
  • Views: Mountain
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1624.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1624
  • TotalBdrm: 3
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 1624.00
  • TotalUnfin Sq Ft: 812.00
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 812.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Paved Road

Lot Info

  • Lot Dimensions: 80 x 128 x 100 x 134
  • Property Group Id: 19990816212109142258000000
  • Lot: Mjr pt LT 7 & all 8

Building Info

  • Year Built: 1975

Tax Info

  • Taxes (6 mo): 1897.44

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 6, 2012
Closed on
Mar 1, 2013
Sold by
Humphrey Robert L
Bought by
Verner Kerry J
Buyer's Agent
Liz Bowles
WAINWRIGHT & CO., REALTORS(r)
List Price
$194,900
Sold Price
$175,000
Premium/Discount to List
-$19,900
-10.21%
Current Estimated Value
$330,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,687
Avg. Annual Appreciation
5.11%
Original Mortgage
$175,000
Outstanding Balance
$123,124
Interest Rate
3.55%
Mortgage Type
VA
Estimated Equity
$207,563
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Verner Kerry J $170,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verner Kerry J $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2013 03/29/13 Sold $175,000 -10.2% $108 / Sq Ft
01/26/2013 01/26/13 Pending -- -- --
09/06/2012 09/06/12 For Sale $194,900 -- $120 / 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 $1,540 $261,100 $42,500 $218,600
2024 $1,490 $248,300 $41,400 $206,900
2023 $2,693 $224,400 $38,700 $185,700
2022 $2,566 $213,800 $33,100 $180,700
2021 $2,402 $200,200 $29,800 $170,400
2020 $2,312 $192,700 $29,800 $162,900
2019 $2,256 $188,000 $29,800 $158,200
2018 $2,215 $187,700 $29,800 $157,900
2017 $2,194 $185,900 $29,800 $156,100
2016 $2,178 $184,600 $29,800 $154,800
2015 $2,119 $192,200 $30,800 $161,400
2014 $2,119 $166,900 $30,800 $136,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 785239

Roanoke Valley Association of REALTORS®

APN: 204-13-8