NOT LISTED FOR SALE

1615 Reece Rd Salem, VA 24153

Estimated Value: $246,610 - $272,000

3 Beds
1 Bath
1,360 Sq Ft
$191/Sq Ft Est. Value

Last Sold February 06, 2012

Last sale price $119,500 $88 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,455/month

15 Days on Market

Highlights

  • Ranch Style House
  • Sun or Florida Room
  • Patio
  • G.W. Carver Elementary School Rated 9+
  • No HOA
  • Storage

About This Home

As of February 2012

Great property with a bonus sunroom. Move-in ready. Beautiful hardwood floors - fresh paint! Also available for lease or lease purchase.

Last Agent to Sell the Property

Janie Whitlow

THE REAL ESTATE GROUP License #0225044674 Listed on: 12/22/2011

Last Buyer's Agent

Daniel Brugh

THE GOOD SIGN REAL ESTATE CO. License #0225059641

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,427

Year Built

  • Built in 1957

Lot Details

  • Lot Dimensions are 70 x 150

Home Design

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

Interior Spaces

  • 1,360 Sq Ft Home
  • Ceiling Fan
  • Drapes & Rods
  • Sun or Florida Room
  • Storage
  • Laundry on main level

Kitchen

  • Electric Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio
  • Shed

Schools

  • G. W. Carver 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
  • Meadowview Subdivision

Listing and Financial Details

  • Tax Lot 10

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,427

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Interior Features: All Drapes, Ceiling Fan, Storage
  • Heating System: Forced Air Oil
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Dishwasher, Freezer, Range Electric, Sump Pump
  • Cooling System: Central Cooling
  • Outside Features: Patio, Paved Driveway, Storage Shed, Sunroom
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1100.00
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • OtherAboveGrdFin Sq Ft: 260.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Meadowview
  • Total Above Grd Fin S Q F T: 1360
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1360.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Cable TV

Lot Info

  • Lot Dimensions: 70 x 150
  • Property Group Id: 19990816212109142258000000
  • Lot: 10

Building Info

  • Year Built: 1957

Tax Info

  • Taxes (6 mo): 1427.00

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
Dec 22, 2011
Closed on
Jan 26, 2012
Sold by
Greenhill Richard and Greenhill Julie M
Bought by
Phillips William Lee
Seller's Agent
Janie Whitlow
THE REAL ESTATE GROUP
Buyer's Agent
Daniel Brugh
THE GOOD SIGN REAL ESTATE CO.
List Price
$124,950
Sold Price
$119,500
Premium/Discount to List
-$5,450
-4.36%
Current Estimated Value
$260,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,653
Avg. Annual Appreciation
5.76%
Original Mortgage
$55,000
Outstanding Balance
$37,645
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$222,509
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
Phillips William Lee $119,500 Fidelity National Titiel Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips William Lee $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2012 02/06/12 Sold $119,500 -4.4% $88 / Sq Ft
01/06/2012 01/06/12 Pending -- -- --
12/22/2011 12/22/11 For Sale $124,950 -- $92 / 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 $1,146 $194,300 $37,200 $157,100
2024 $1,078 $179,700 $34,300 $145,400
2023 $1,900 $158,300 $31,500 $126,800
2022 $1,703 $141,900 $29,200 $112,700
2021 $1,656 $138,000 $27,500 $110,500
2020 $1,583 $131,900 $27,500 $104,400
2019 $1,549 $129,100 $27,500 $101,600
2018 $1,484 $125,800 $27,500 $98,300
2017 $1,469 $124,500 $27,500 $97,000
2016 $1,469 $124,500 $27,500 $97,000
2015 $1,473 $124,800 $27,500 $97,300
2014 $1,473 $124,800 $27,500 $97,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 777262

Roanoke Valley Association of REALTORS®

APN: 52-1-2