NOT LISTED FOR SALE

1644 Reece Rd Salem, VA 24153

Estimated Value: $241,000 - $357,000

3 Beds
1 Bath
1,425 Sq Ft
$198/Sq Ft Est. Value

Last Sold December 02, 2024

Last sale price $253,000 $178 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,569/month

12 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Porch
  • G.W. Carver Elementary School Rated 9+
  • Fenced Yard
  • Patio

About This Home

As of December 2024

This charming brick ranch boasts a spacious, detached two-car garage and offers the convenience of single-level living. Recently refreshed with brand-new paint throughout, modern fixtures, and updated kitchen and bathroom. Inside, you'll find three comfortable bedrooms and a fully remodeled bathroom, with new flooring in both the kitchen and bath. The lower level features a cozy den and a versatile room that can serve as a home office, extra bedroom, or playroom, all enhanced with stylish luxury vinyl tile. Step outside to enjoy a generous covered porch and a fenced-in yard, perfect for outdoor gatherings and barbecues. The over-sized garage provides plenty of space for parking, storage, or even a workshop!

Last Agent to Sell the Property

Nicholas Olinger

eXp Realty Listed on: 10/18/2024

eXp Realty

Last Buyer's Agent

Non-MLS Non-MLS

Non-MLS Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced Yard

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,425 Sq Ft Home
  • Partially Finished Basement
  • Laundry in Basement
  • Attic Access Panel
  • Oven
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Patio
  • Porch

Schools

  • Gw Carver Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5226

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Estimated Total Finished Sq Ft: 1425
  • Class: Residential
  • County Or City: Salem
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: LT 25 REVISED MAP OF MEADOWVIEW
  • Lvt Date: 10/18/2024
  • Master On Main: Yes
  • Parcel Nbr: 5226
  • Property Sub Type: Detached
  • Report Header1: 1644 Reece, Salem, VA 24153
  • Main Level Bathrooms: 1
  • Room Level Bedrooms Main: 3
  • Style Structure Home: Ranch
  • Year Built: 1955
  • Directions: Follow I-81 N to VA-419 S/N Electric Rd in Roanoke County. Take exit 141 from I-81 N. Continue on VA-419 S/N Electric Rd. Drive to Reece Rd in Salem
  • S O1 Office State: No
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Appliances: Dryer Hookup-Elec, Oven, Refrigerator, Washer Hookup
  • Attic: Access Only
  • Basement: Laundry, Partially Finished
  • Bedrooms: 3
  • Full Bathrooms: 1

Exterior Features

  • Exterior Features: Blacktop Driveway, Fenced Yard, Porch, Patio
  • Exterior Finish: Brick

Garage/Parking

  • Garage Carport: Double Detached

Utilities

  • Air Conditioner: Central Electric
  • Heating: Forced Air, Oil
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: None

Schools

  • Elementary School: GW Carver
  • High School: Salem
  • Junior High Dist: Salem

Lot Info

  • Estimated Lot Size: 0.24
  • Lot Size: 10454.4
  • Geo Subdivision: VA

MLS Schools

  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Nov 25, 2024
Sold by
Otoole Barbara Ann and Goode Thomas James
Bought by
Rice Jerry D and Nicol Alexis
Seller's Agent
Nicholas Olinger
eXp Realty
Buyer's Agent
Non-MLS Non-MLS
Non-MLS Office
List Price
$249,000
Sold Price
$253,000
Premium/Discount to List
$4,000
1.61%
Views
36
Current Estimated Value
$281,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,628
Avg. Annual Appreciation
10.54%
Original Mortgage
$248,417
Outstanding Balance
$246,328
Interest Rate
6.44%
Mortgage Type
FHA
Estimated Equity
$35,300

Purchase Details

Listed on
Apr 1, 2023
Closed on
May 9, 2023
Sold by
Thompson David A
Bought by
Stinnette Delinda Ann and Otoole Barbara Ann
Seller's Agent
Julie Poff
MKB, REALTORS(r)
Buyer's Agent
Joe Racek
MR REAL ESTATE
List Price
$239,000
Sold Price
$245,000
Premium/Discount to List
$6,000
2.51%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.08%

Purchase Details

Closed on
Mar 8, 2023
Sold by
Wright Terry Lee
Bought by
Thompson David A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rice Jerry D $253,000 Colonial Title
Rice Jerry D $253,000 Colonial Title
Stinnette Delinda Ann $245,000 True North Title
Thompson David A $163,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Jerry D $248,417
Closed Rice Jerry D $248,417
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2024 12/02/24 Sold $253,000 +1.6% $178 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $249,000 +1.6% $175 / Sq Ft
05/12/2023 05/12/23 Sold $245,000 +2.5% $172 / Sq Ft View Prior Sale
04/03/2023 04/03/23 Pending -- -- --
04/01/2023 04/01/23 For Sale $239,000 -- $168 / Sq Ft
Source: New River 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 $1,121 $190,000 $37,200 $152,800
2024 $1,061 $176,900 $34,300 $142,600
2023 $1,651 $137,600 $31,500 $106,100
2022 $1,522 $126,800 $29,200 $97,600
2021 $1,478 $123,200 $27,500 $95,700
2020 $1,454 $121,200 $27,500 $93,700
2019 $1,428 $119,000 $27,500 $91,500
2018 $1,404 $119,000 $27,500 $91,500
2017 $1,392 $118,000 $27,500 $90,500
2016 $1,023 $118,000 $27,500 $90,500
2015 $512 $124,100 $27,500 $96,600
2014 $512 $124,100 $27,500 $96,600
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Olinger

    Seller's Agent in 2024

    Nicholas Olinger

    eXp Realty

    (540) 320-8000

    1 in this area

    48 Total Sales

    Nicholas Olinger
    Section Image

  • N

    Buyer's Agent in 2024

    Non-MLS Non-MLS

    Non-MLS Office

  • Julie Poff

    Seller's Agent in 2023

    Julie Poff

    MKB, REALTORS(r)

    (540) 563-9903

    26 in this area

    48 Total Sales

    Julie Poff
    Section Image
  • Joe Racek

    Buyer's Agent in 2023

    Joe Racek

    MR REAL ESTATE

    (540) 808-3624

    3 in this area

    222 Total Sales

    Joe Racek
    Section Image

  • N

    Buyer Co-Listing Agent in 2023

    Non Member Transaction Agent

    Non-Member Transaction Office

See All Agents

Map

Source: New River Valley Association of REALTORS®

MLS Number: 422429

New River Valley Association of REALTORS®

APN: 52-2-6

Virginia Salem City County Salem 24153

1644 Reece Rd, Salem, VA

Not Listed for Sale

Detached

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