NOT LISTED FOR SALE

1698 Red Lane Extension Salem, VA 24153

Estimated Value: $397,000 - $429,000

4 Beds
3.5 Baths
2,271 Sq Ft
$182/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $389,500 $172 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,564/month

18 Days on Market

Highlights

  • Mountain View
  • Deck
  • Breakfast Area or Nook
  • Fort Lewis Elementary School Rated A-
  • No HOA
  • In-Law or Guest Suite

About This Home

As of April 2024

Immaculate 3 story home w/ 4BR, 3.5 Baths. In past 3 yrs. current Seller has replaced with all new carpet, added solid Acacia hardwoods, travertine tile in entry, new paint: trim, doors, walls, ceilings. ALL new appliances in kitchen...dishwasher, range, refrigerator and built-in microwave are 3 yrs. old. Washer and Dryer are 2 yrs. old. Deck off Living Rm. 2 Primary BR's...one on entry and one upper level, w/ full bath. Garage w/ storage and Seller expanded driveway to fit side by side parking. Beautiful. well taken care of, home. See full list of upgrades/updates under Documents. Get your clients inside!

Last Listed By

Sheila States

WAINWRIGHT & CO., REALTORS(r) License #0225082999 Listed on: 03/04/2024

WAINWRIGHT & CO.,  REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,914

Year Built

  • Built in 2016

Lot Details

  • 0.92

Interior Spaces

  • 2,271 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Mountain Views
  • Partial Basement

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Tuck Under Garage
  • Garage Door Opener

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • 0.92 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,914

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Ceiling Fan, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Has Basement: Partial Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck
  • Views: Mountain
  • BedroomsBREntryLevel: 1
  • BedroomsBROtherLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 523.00
  • ExteriorDoors: Fiberglass, French
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsOtherLvl: 2
  • Grand Total Attached S Q F T: 2271
  • HalfBathsHalfBathsUpperLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Xfinity
  • LaundryLaundryOtherLevel: 1
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBREntryLvl: 1
  • MasterBedroomsMasterBROtherLvl: 1
  • NumberPrimCovSpaces: 1.00
  • OtherAboveGrdFin Sq Ft: 874.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • RatifiedContractDt: 2024-03-22
  • Residential Type: Detached
  • Style Of House: Other - See Remarks
  • Total Above Grd Fin S Q F T: 2271
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2271.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 874.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Other - See Remarks

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: In-Law Quarters, Maint-Free Exterior, Paved Road

Schools

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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.92
  • Lot: 4

Building Info

  • Year Built: 2016

Tax Info

  • Taxes (6 mo): 2913.94
  • FILLTAXID: 035.04-07-17.00-0000

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Apr 18, 2024
Sold by
France Erin Leigh
Bought by
Leitch Jill N
Seller's Agent
Sheila States
WAINWRIGHT & CO., REALTORS(r)
Buyer's Agent
Will Long
WAINWRIGHT & CO., REALTORS(r)
List Price
$389,500
Sold Price
$389,500
Total Days on Market
18
Views
50
Current Estimated Value
$412,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,956
Avg. Annual Appreciation
5.34%
Original Mortgage
$292,125
Outstanding Balance
$289,349
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$123,107

Purchase Details

Listed on
Jun 29, 2020
Closed on
Dec 4, 2020
Sold by
Taylor Jonatahn Scott and Taylor Velvet
Bought by
France Erin Leigh
Seller's Agent
Tammy Parrish
MKB, REALTORS(r)
Buyer's Agent
Sheila States
WAINWRIGHT & CO., REALTORS(r)
List Price
$285,000
Sold Price
$286,000
Premium/Discount to List
$1,000
0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$256,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 26, 2017
Closed on
Jul 28, 2017
Sold by
R Fralin Construction Inc
Bought by
Taylor Jonathan Scott and Bowling Velvet
Seller's Agent
Thomas Fellers
MKB, REALTORS(r)
Buyer's Agent
Monica Nicely
KELLER WILLIAMS REALTY ROANOKE
List Price
$194,950
Sold Price
$213,450
Premium/Discount to List
$18,500
9.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$209,583
Interest Rate
4.12%
Mortgage Type
FHA

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
Leitch Jill N $389,500 Performance Title
France Erin Leigh $286,000 Colonial Ttl & Setmnt Agcy L
Taylor Jonathan Scott $213,450 Acquisition Title & Settleme
R Fralin Construction Inc $35,000 Acquisition Title & Settleme
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leitch Jill N $292,125
Previous Owner France Erin Leigh $90,000
Previous Owner France Erin Leigh $256,000
Previous Owner Taylor Jonathan Scott $209,583
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $389,500 0.0% $172 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $389,500 +36.2% $172 / Sq Ft
12/11/2020 12/11/20 Sold $286,000 +0.4% $126 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $285,000 +33.5% $125 / Sq Ft
07/28/2017 07/28/17 Sold $213,450 +9.5% $123 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $194,950 -- $113 / 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 $3,071 $295,300 $48,000 $247,300
2023 $2,914 $274,900 $46,000 $228,900
2022 $2,858 $262,200 $46,000 $216,200
2021 $2,555 $234,400 $41,000 $193,400
2020 $2,395 $219,700 $37,000 $182,700
2019 $2,318 $212,700 $40,000 $172,700
2018 $2,204 $208,700 $40,000 $168,700
2017 $1,999 $183,400 $40,000 $143,400
2016 $362 $33,200 $33,200 $0
2015 -- $32,300 $32,300 $0
2014 $352 $32,300 $32,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 905486

Roanoke Valley Association of REALTORS®

APN: 035.04-07-17