NOT LISTED FOR SALE

145 Walnut Ln Salem, VA 24153

Estimated Value: $160,000 - $244,000

2 Beds
1 Bath
1,233 Sq Ft
$176/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $57,000 $46 Per Sq Ft

Est. 280% increase in value since last sale

Current estimated payment $1,228/month

Highlights

  • 2.2 Acre Lot
  • Stream or River on Lot
  • 1-Story Property
  • Salem High School Rated A-
  • No HOA
  • Forced Air Heating System

About This Home

As of July 2021

Investor special/cash buyer needs a vision to restore it back to life. Property sold ''as-is'' to settle an estate, has been used as a rental. No repairs or inspections paid by seller. Flood insurance may be required, 100 year flood plain.

Last Agent to Sell the Property

Louise Baker

LONG & FOSTER - NEW RIVER VALLEY License #0225001860 Listed on: 03/22/2021

LONG & FOSTER - NEW RIVER VALLEY

Last Buyer's Agent

Teresa Guzman

LONG & FOSTER - ROANOKE OFFICE License #0225212034

LONG & FOSTER - ROANOKE OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,012

Year Built

  • Built in 1920

Lot Details

  • 2.2 Acre Lot
  • Level Lot

Interior Spaces

  • 1,233 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Stream or River on Lot

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,012

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Heating System: Forced Air Oil
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Cooling System: No Cooling System
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1233.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1233
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2021-07-02
  • Residential Type: Detached
  • Style Of House: 1 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1233
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1233.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Schools

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

Lot Info

  • Lot Description: Level Lot, Stream
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 2.20

Building Info

  • Year Built: 1920

Tax Info

  • Taxes (6 mo): 1011.60
  • FILLTAXID: 136-2-9

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jul 26, 2021
Sold by
Johnson Cameron Heath and Johnson Richard Michael
Bought by
Solito Ever A
Seller's Agent
Louise Baker
LONG & FOSTER - NEW RIVER VALLEY
Buyer's Agent
Teresa Guzman
LONG & FOSTER - ROANOKE OFFICE
List Price
$69,500
Sold Price
$57,000
Premium/Discount to List
-$12,500
-17.99%
Current Estimated Value
$216,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,763
Avg. Annual Appreciation
37.34%
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
Solito Ever A $57,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2021 07/26/21 Sold $57,000 -18.0% $46 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $69,500 -- $56 / 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 $951 $161,200 $45,200 $116,000
2024 $715 $119,200 $41,600 $77,600
2023 $1,189 $99,100 $40,400 $58,700
2022 $1,060 $88,300 $37,400 $50,900
2021 $1,012 $84,300 $35,800 $48,500
2020 $1,004 $83,700 $35,800 $47,900
2019 $988 $82,300 $35,800 $46,500
2018 $965 $81,800 $35,800 $46,000
2017 $957 $81,100 $35,800 $45,300
2016 $957 $81,100 $35,800 $45,300
2015 $986 $83,600 $33,500 $50,100
2014 $986 $83,600 $33,500 $50,100
Source: Public Records

Agents Affiliated with this Home

  • Louise Baker

    Seller's Agent in 2021

    Louise Baker

    LONG & FOSTER - NEW RIVER VALLEY

    (540) 320-0382

    1 in this area

    107 Total Sales

    Louise Baker
    Section Image

  • T

    Buyer's Agent in 2021

    Teresa Guzman

    LONG & FOSTER - ROANOKE OFFICE

    (540) 354-6262

    5 in this area

    98 Total Sales

    Teresa Guzman
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 877985

Roanoke Valley Association of REALTORS®

APN: 136-2-9

Virginia Salem City County Salem 24153

145 Walnut Ln, Salem, VA

This home is located at 145 Walnut Ln, Salem, VA 24153 since 22 March 2021 and is currently estimated at $216,763, approximately $175 per square foot. This property was built in 1920. 145 Walnut Ln is a home located in Salem City with nearby schools including West 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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