NOT LISTED FOR SALE

1692 Red Lane Extension Salem, VA 24153

Estimated Value: $350,777 - $411,000

4 Beds
2.5 Baths
1,870 Sq Ft
$199/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $172,000 $92 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,325/month

17 Days on Market

Highlights

  • Newly Remodeled
  • Colonial Architecture
  • No HOA
  • Fort Lewis Elementary School Rated A-
  • Wooded Lot
  • 2 Car Attached Garage

About This Home

As of March 2012

PRICE REDUCED!! Brand new colonial home in Glenvar school district. Lovely features included: 2-car garage with utility/storage room, large kitchen, stainless appliances, and 4 bedrooms. Builder's preferred lender offering incentive to any Buyer.

Last Listed By

Thomas Fellers

MKB, REALTORS(r) License #0225188535 Listed on: 02/07/2012

MKB, REALTORS(r)

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,961

Year Built

  • Built in 2012 | Newly Remodeled

Lot Details

  • 0.25 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • 1,870 Sq Ft Home
  • Colonial Architecture
  • Slab Foundation

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities

Additional Features

  • Laundry on main level
  • Patio

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,961

Year Built

Built in 2012 | Newly Remodeled

Lot Details

0

Listing Details

  • Interior Features: Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: A
  • Has Basement: Slab
  • Major Appliances: Dishwasher, Disposer, Range Electric
  • Cooling System: Heat Pump Electric
  • Outside Features: Patio
  • BedroomsBRUpperLevel: 4
  • EntryAboveGrdFin Sq Ft: 908.00
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 2212
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2012-02-24
  • Residential Type: Detached
  • Style Of House: Colonial
  • SubagentAuthorized: No
  • SubdivisionMap: Carol Estates
  • Total Above Grd Fin S Q F T: 1870
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1870.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 342.00
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 342.00
  • UpperAboveGrdFin Sq Ft: 962.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: NewHome
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

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

Association/Amenities

  • Misc Features: New Construction, Underground Util

Schools

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

Lot Info

  • Lot Description: Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.25
  • Lot: 2

Building Info

  • Year Built: 2012

Tax Info

  • Taxes (6 mo): 1961.00
  • FILLTAXID: 035.04-07.02

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2012
Closed on
Mar 28, 2012
Sold by
Fralin Companies Inc
Bought by
Miller Alison L
Seller's Agent
Thomas Fellers
MKB, REALTORS(r)
Buyer's Agent
Daniel Brown
EXECUTIVE REALTY INC
List Price
$179,950
Sold Price
$172,000
Premium/Discount to List
-$7,950
-4.42%
Total Days on Market
17
Current Estimated Value
$371,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,694
Avg. Annual Appreciation
5.78%
Original Mortgage
$168,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2012
Closed on
Mar 22, 2012
Sold by
R Fralin Development Corp
Bought by
Frailin Companies Inc
Seller's Agent
Thomas Fellers
MKB, REALTORS(r)
Buyer's Agent
Daniel Brown
EXECUTIVE REALTY INC
List Price
$179,950
Sold Price
$172,000
Premium/Discount to List
-$7,950
-4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.88%
Mortgage Type
New Conventional

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
Miller Alison L $172,000 None Available
Frailin Companies Inc $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Miller Alison L $160,000
Closed Miller Alison L $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $172,000 -4.4% $92 / Sq Ft
02/24/2012 02/24/12 Pending -- -- --
02/07/2012 02/07/12 For Sale $179,950 -- $96 / 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 $2,934 $282,100 $48,000 $234,100
2023 $2,779 $262,200 $46,000 $216,200
2022 $2,701 $247,800 $46,000 $201,800
2021 $2,407 $220,800 $41,000 $179,800
2020 $2,257 $207,100 $37,000 $170,100
2019 $2,167 $198,800 $40,000 $158,800
2018 $2,006 $195,000 $40,000 $155,000
2017 $2,006 $184,000 $40,000 $144,000
2016 $1,922 $176,300 $39,000 $137,300
2015 $1,894 $173,800 $38,000 $135,800
2014 $1,891 $173,500 $38,000 $135,500
Source: Public Records

Agents Affiliated with this Home

  • Thomas Fellers

    Seller's Agent in 2012

    Thomas Fellers

    MKB, REALTORS(r)

    (540) 632-3374

    194 Total Sales

    Thomas Fellers
    Section Image
  • Daniel Brown

    Buyer's Agent in 2012

    Daniel Brown

    EXECUTIVE REALTY INC

    (540) 989-0911

    121 Total Sales

    Daniel Brown
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 778602

Roanoke Valley Association of REALTORS®

APN: 035.04-07-17.02-0000

Virginia Roanoke County Salem 24153

1692 Red Lane Extension, Salem, VA

Homes for Sale in Salem, VA

This home is located at 1692 Red Lane Extension, Salem, VA 24153 since 07 February 2012 and is currently estimated at $371,694, approximately $198 per square foot. This property was built in 2012. 1692 Red Lane Extension is a home located in Roanoke County with nearby schools including Fort Lewis Elementary School, Glenvar Middle School, and Glenvar High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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