NOT LISTED FOR SALE

1601 Lenox Ln Salem, VA 24153

Estimated Value: $234,771 - $256,000

3 Beds
2 Baths
1,071 Sq Ft
$228/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $134,100 $125 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,372/month

2 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Shed
  • G.W. Carver Elementary School Rated 9+
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of April 2019

CLEAN, TIDY, UPDATED 3 BEDROOM/TWO BATH RANCH WITH SALEM SCHOOLS. COVERED FRONT PORCH, PARTIALLY FENCED YARD, STAINLESS APPLIANCES, TWO NICE OUTBUILDINGS, PANTRY OFF KITCHEN. WATER HEATER REPLACED 1/18 & NEW HVAC 2009. WELL MAINTAINED, UPDATED, AND TAKEN CARE OF. VERY NICE SALEM HOME IN CONVENIENT LOCATION.

Last Agent to Sell the Property

Max Darnall

RE/MAX REAL ESTATE ONE License #0225213949 Listed on: 03/01/2019

RE/MAX REAL ESTATE ONE

Last Buyer's Agent

Brad Thomas

MOUNTAIN VIEW REAL ESTATE LLC License #0225188833

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,414

Year Built

  • Built in 1995

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • Ranch Style House

Interior Spaces

  • 1,071 Sq Ft Home
  • Crawl Space
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • G. W. Carver Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,414

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Dishwasher, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1071.00
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1071
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1071.00
  • UncoveredNumberSpaces: 3.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.23
  • Lot: 12

Building Info

  • Year Built: 1995

Tax Info

  • Taxes (6 mo): 1413.64

MLS Schools

  • Elementary School: G. W. Carver
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
Mar 28, 2019
Sold by
Nichols Michael D and Nichols Amber L
Bought by
Pruitt Brittony
Seller's Agent
Max Darnall
RE/MAX REAL ESTATE ONE
Buyer's Agent
Brad Thomas
MOUNTAIN VIEW REAL ESTATE LLC
List Price
$129,000
Sold Price
$134,100
Premium/Discount to List
$5,100
3.95%
Current Estimated Value
$244,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,343
Avg. Annual Appreciation
9.63%
Original Mortgage
$131,670
Outstanding Balance
$116,791
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$127,652

Purchase Details

Closed on
Jun 2, 2009
Sold by
Lovern Dawn D
Bought by
Nichols Michael D and Nichols Amber L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,340
Interest Rate
4.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2008
Sold by
Lovern Michael R and Lovern Dawn D
Bought by
Lovern Dawn D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pruitt Brittony $134,100 First Choice Title & Setmnt
Nichols Michael D $116,450 First Choice Title & Settlem
Lovern Dawn D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pruitt Brittony $131,670
Previous Owner Nichols Michael D $114,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2019 04/19/19 Sold $134,100 +4.0% $125 / Sq Ft
03/03/2019 03/03/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $129,000 -- $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 $1,076 $182,400 $33,000 $149,400
2024 $1,002 $167,000 $30,500 $136,500
2023 $1,777 $148,100 $28,000 $120,100
2022 $1,624 $135,300 $25,900 $109,400
2021 $1,558 $129,800 $24,400 $105,400
2020 $1,520 $126,700 $24,400 $102,300
2019 $1,438 $119,800 $24,400 $95,400
2018 $1,376 $116,600 $24,400 $92,200
2017 $1,362 $115,400 $24,400 $91,000
2016 $1,362 $115,400 $24,400 $91,000
2015 $1,330 $112,700 $23,000 $89,700
2014 $1,330 $112,700 $23,000 $89,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 856492

Roanoke Valley Association of REALTORS®

APN: 55-7-9