NOT LISTED FOR SALE

1661 Richland Hills Dr Salem, VA 24153

Estimated Value: $202,000 - $214,471

2 Beds
1 Bath
1,025 Sq Ft
$204/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $110,800 $108 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,255/month

4 Days on Market

Highlights

  • Wooded Lot
  • Ranch Style House
  • Shed
  • Fort Lewis Elementary School Rated A-
  • No HOA
  • Detached Carport Space

About This Home

As of April 2019

Great opportunity for first time homebuyer or downsizing. 100% financing for qualified buyers. Clear, level front and back yards with back sloping off into woods for privacy. Double carport with large detached workshop. Oak floors in most of the main level. Full basement. Located in a very desirable neighborhood with longtime residence. award winning Fort Lewis and Glenvar Schools. Just minutes to Main Street in downtown Salem featuring the Farmer's Market, restaurants, and merchants. Close to access for I-81.

Last Agent to Sell the Property

Tim Hash

MOUNTAIN CITY REALTY & AUCTION LLC License #0225187652 Listed on: 02/28/2019

Last Buyer's Agent

Tammie Ferguson

ROCKY'S MOM REALTY LLC License #0225198349

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,375

Year Built

  • Built in 1958

Lot Details

  • 0.66 Acre Lot
  • Cleared Lot
  • Wooded Lot
  • Garden

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,025 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Open Parking Spaces
  • 2 Parking Spaces
  • Detached Carport Space
  • Off-Street Parking

Outdoor Features

  • Shed

Schools

  • Fort Lewis Elementary School
  • Glenvar Middle School
  • Glenvar High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,375

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Heating System: Forced Air Oil
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Cooling System: Central Cooling
  • Outside Features: Garden Space, Storage Shed
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1025.00
  • ExteriorDoors: Wood
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 2050
  • LaundryLaundryLowerLevel: 1
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Detached
  • RatifiedContractDt: 2019-03-04
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: RICHLAND HILLS
  • Total Above Grd Fin S Q F T: 1025
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1025.00
  • TotalUnfin Sq Ft: 1025.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1025.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV

Schools

  • Elementary School: Fort Lewis
  • Middle School: Glenvar
  • High School: Glenvar

Lot Info

  • Lot Description: Cleared, Wooded
  • Lot Dimensions: Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.66
  • Lot: 14

Building Info

  • Year Built: 1958

Tax Info

  • Taxes (6 mo): 1375.00
  • FILLTAXID: 035.03-01-14-00.0000

MLS Schools

  • Elementary School: Fort Lewis
  • HighSchool: Glenvar
  • Middle School: Glenvar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2019
Closed on
Apr 1, 2019
Sold by
Bph Llc
Bought by
Hale Megan R
Seller's Agent
Tim Hash
MOUNTAIN CITY REALTY & AUCTION LLC
Buyer's Agent
Tammie Ferguson
ROCKY'S MOM REALTY LLC
List Price
$105,000
Sold Price
$110,800
Premium/Discount to List
$5,800
5.52%
Current Estimated Value
$208,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,068
Avg. Annual Appreciation
10.36%
Original Mortgage
$111,919
Outstanding Balance
$98,597
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$110,271

Purchase Details

Listed on
Feb 28, 2019
Closed on
Feb 8, 2019
Sold by
Us Bank Na
Bought by
Bph Homes Llc
Seller's Agent
Tim Hash
MOUNTAIN CITY REALTY & AUCTION LLC
Buyer's Agent
Tammie Ferguson
ROCKY'S MOM REALTY LLC
List Price
$105,000
Sold Price
$110,800
Premium/Discount to List
$5,800
5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,919
Outstanding Balance
$98,597
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$110,271

Purchase Details

Closed on
Sep 26, 2018
Sold by
Stanley Kevin R and Stanley Tammy H
Bought by
U S Bank N A and Cim Trust 2017 8 Mortgage Backed Notes S

Purchase Details

Closed on
Jan 25, 2005
Sold by
Brogan Marshall K and Brogan Terrie S
Bought by
Stanley Kevin R and Stanley Tammy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
5.94%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Hale Megan R $110,800 First Choice Title & Setmnt
Bph Homes Llc $79,275 Virginia Title Center
U S Bank N A $131,849 None Available
Stanley Kevin R $126,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hale Megan R $111,919
Previous Owner Stanley Kevin R $142,000
Previous Owner Stanley Kevin R $100,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2019 04/01/19 Sold $110,800 +5.5% $108 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $105,000 +32.5% $102 / Sq Ft
02/14/2019 02/14/19 Sold $79,275 -24.5% $77 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $105,000 -- $102 / 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
2024 $1,507 $144,900 $40,000 $104,900
2023 $1,442 $136,000 $40,000 $96,000
2022 $1,305 $119,700 $35,000 $84,700
2021 $1,210 $111,000 $32,000 $79,000
2020 $1,204 $110,500 $32,000 $78,500
2019 $1,374 $126,100 $32,000 $94,100
2018 $1,356 $125,300 $32,000 $93,300
2017 $1,356 $124,400 $32,000 $92,400
2016 $1,344 $123,300 $32,000 $91,300
2015 $1,332 $122,200 $32,000 $90,200
2014 $1,310 $120,200 $30,000 $90,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 856423

Roanoke Valley Association of REALTORS®

APN: 035.03-01-14