NOT LISTED FOR SALE

1600 Electric Rd Salem, VA 24153

Estimated Value: $27,935

0.93 Acre
$30,038 Price per Acre
40,511 Sq Ft Lot

Last Sold December 23, 2013

Last sale price $15,000

Est. 86% increase in value since last sale

Current estimated payment $160/month

266 Days on Market

About This Lot

As of December 2013

Commercial development potential. New Lot 4-A. 0.925 ac. per survey. Traffic Count 24,000 Annual Average Daily per VDOT. 240 feet frontage on 419 per surveyor. (1600 & 1700 Electric Rd total 571 feet frontage 419 per Surveyor. Total 4.506 acres per survey.)

Last Agent to Sell the Property

Dinah Moser

LONG & FOSTER - ROANOKE OFFICE License #0225003553 Listed on: 11/30/2012

LONG & FOSTER - ROANOKE  OFFICE

Last Buyer's Agent

Bob Saunders

BARKER REALTY CO License #0225082522

Property Details

Property Type

  • Land

Lot Details

  • 0.93 Acre Lot

Schools

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

Community Details

  • No Home Owners Association
  • Cliffview Subdivision

Listing and Financial Details

  • Tax Lot New Lot 4A

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Type: Land
  • ElectricDescription: Above Ground
  • Land Sub Type: Commercial Land
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2013-08-23
  • SubdivisionMap: Cliffview
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Gas Description: Natural Gas
  • Sewer Description: Public Sewer
  • Water Description: Public Water

Schools

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

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Total Acreage: 0.93
  • Lot: New Lot 4A
  • Land Type: Land (Acreage)

Tax Info

  • Taxes (6 mo): 868.00
  • FILLTAXID: 258-3-17

MLS Schools

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

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

Property History

Date Event Price Change Sq Ft Price
12/23/2013 12/23/13 Sold $15,000 -57.1% --
08/23/2013 08/23/13 Pending -- -- --
11/30/2012 11/30/12 For Sale $35,000 -- --
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 -- $8,000 $8,000 $0
2023 $96 $8,000 $8,000 $0
2022 $84 $7,000 $7,000 $0
2021 $47 $7,000 $7,000 $0
2020 $83 $7,000 $7,000 $0
2019 $83 $7,000 $7,000 $0
2018 $83 $7,000 $7,000 $0
2017 $47 $4,000 $4,000 $0
2016 $47 $4,000 $4,000 $0
2015 -- $4,000 $4,000 $0
2014 -- $4,000 $4,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 787479

Roanoke Valley Association of REALTORS®

APN: 259-2-2.1