NOT LISTED FOR SALE

1500 Gratton St Salem, VA 24153

Estimated Value: $213,150 - $258,000

2 Beds
1 Bath
750 Sq Ft
$311/Sq Ft Est. Value

Sale Details

Date Sold: July 22, 2019

Last sale price $133,000 $177 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,336 / mo

6 Days on Market

Highlights

  • 1.53 Acre Lot
  • No HOA
  • Cul-De-Sac
  • Wooded Lot
  • Cottage
  • Gentle Sloping Lot

About This Home

As of July 2019

Totally remodeled brick bungalow in the pines. Hard to find home on 1.5 acres, right in the City! NEW: Heat pump, plumbing, electrical, roof, tilt-in windows, cabinets in kitchen and bath, paint, landscaping more! Beautifully redone hardwood floors. Wonderful private deck overlooking a park-like setting of the lawn. Ideally located just minutes to the Farmer's market as well as all shops and restaurants on Main Street. Short drive to I-81 for commute to New River Valley or Roanoke.

Last Agent to Sell the Property

Tim Hash

MOUNTAIN CITY REALTY & AUCTION LLC License #0225187652 Listed on: 06/27/2019

Last Buyer's Agent

Teresa Prillaman

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225095578

WAINWRIGHT & CO., REALTORS(r)- LAKE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $905

Year Built

  • Built in 1945

Lot Details

  • 1.53 Acre Lot
  • Cul-De-Sac
  • Gentle Sloping Lot
  • Wooded Lot

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Cottage
  • Brick Exterior Construction

Interior Spaces

  • 750 Sq Ft Home
  • Crawl Space
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot A-1

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$905

Year Built

Built in 1945

Lot Details

1.53 Acres

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Microwave Oven (Built In), Range Electric
  • Cooling System: Heat Pump Water
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 750.00
  • ExteriorDoors: Wood
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Cottage
  • SubdivisionMap: Map for Mavi
  • Total Above Grd Fin S Q F T: 750
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 750.00
  • TotalUnfin Sq Ft: 750.00
  • Unfinished Attached S Q F T Entry Above Grd Unfin S Q F T: 750.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Cable TV, Cul-de-sac, Maint-Free Exterior, Paved Road

Lot Info

  • Lot Description: Gentle Slope, Wooded
  • Lot Dimensions: Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.53
  • Lot: A-1

Building Info

  • Year Built: 1945

Tax Info

  • Taxes (6 mo): 905.00

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2019
Closed on
Jun 19, 2019
Sold by
Bought by
Seller's Agent
Tim Hash
MOUNTAIN CITY REALTY & AUCTION LLC
Buyer's Agent
Teresa Prillaman
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$139,950
Sold Price
$133,000
Premium/Discount to List
-$6,950
-4.97%
Current Estimated Value
$229,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,790
Avg. Annual Appreciation
8.40%

Purchase Details

Listed on
Feb 22, 2018
Closed on
Mar 6, 2018
Sold by
Bought by
Seller's Agent
Melissa Frost
LICHTENSTEIN ROWAN, REALTORS(r)
List Price
$69,000
Sold Price
$73,000
Premium/Discount to List
$4,000
5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.94%
Original Mortgage
$45,000
Interest Rate
0.0404%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 22, 2018
Closed on
Feb 14, 2018
Sold by
Bought by
Seller's Agent
Melissa Frost
LICHTENSTEIN ROWAN, REALTORS(r)
List Price
$69,000
Sold Price
$73,000
Premium/Discount to List
$4,000
5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
0.0404%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,163
Interest Rate
0.0425%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 26, 2011
Closed on
May 9, 2012
Sold by
Bought by
Seller's Agent
Bob Saunders
BARKER REALTY CO
Buyer's Agent
Bob Saunders
BARKER REALTY CO
List Price
$99,950
Sold Price
$95,000
Premium/Discount to List
-$4,950
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%

Purchase Details

Closed on
Aug 28, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
0.1025%
Mortgage Type
Adjustable Rate Mortgage/ARM
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$133,000 Fidelity National Ttl Ins Co
$73,000 Old Republic Title
$45,000 American Title & Settlement
$267,000 None Available
$95,000 Star City Title & Settleme
-- Pinnacle Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $45,000
Closed $262,163
Closed $120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2019 07/22/19 Sold $133,000 -5.0% $177 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $139,950 +91.7% $187 / Sq Ft
03/08/2018 03/08/18 Sold $73,000 +5.8% $97 / Sq Ft View Prior Sale
02/23/2018 02/23/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $69,000 -27.4% $92 / Sq Ft
05/09/2012 05/09/12 Sold $95,000 -5.0% $127 / Sq Ft View Prior Sale
04/30/2012 04/30/12 Pending -- -- --
11/26/2011 11/26/11 For Sale $99,950 -- $133 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,142 $193,600 $69,500 $124,100
2024 $937 $156,200 $59,800 $96,400
2023 $1,697 $141,400 $56,500 $84,900
2022 $1,532 $127,700 $48,600 $79,100
2021 $1,400 $116,700 $44,700 $72,000
2020 $1,358 $113,200 $44,700 $68,500
2019 $920 $76,700 $44,700 $32,000
2018 $865 $73,300 $44,700 $28,600
2017 $1,207 $102,300 $69,600 $32,700
2016 $1,207 $102,300 $69,600 $32,700
2015 $1,315 $111,400 $89,300 $22,100
2014 $1,315 $111,400 $89,300 $22,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 860656

Roanoke Valley Association of REALTORS®

APN: 239-1-7.1

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