NOT LISTED FOR SALE

1701 Margaret Ln Salem, VA 24153

Estimated Value: $225,000 - $249,000

2 Beds
1 Bath
1,207 Sq Ft
$195/Sq Ft Est. Value

Last Sold January 21, 2014

Last sale price $57,500 $48 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $1,354/month

106 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Salem High School Rated A-
  • 1 Car Detached Garage
  • Level Lot

About This Home

As of January 2014

Great opportunity for a nice home to fix up. Detached garage. Property is being sold in as is condition. Tax assessment 98,700. Possibility to finish upstairs for another bedroom. Entry room at driveway could be bedroom or office. Inspections are fine but sold in as is condition. Appliances in as is condition. Walk to Food Lion. Sq. ft. and age of home from City of Salem.

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,165

Year Built

  • Built in 1940

Lot Details

  • 0.31 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,207 Sq Ft Home
  • 1.5-Story Property
  • Partial Basement
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • 3 Open Parking Spaces
  • Off-Street Parking

Schools

  • South Salem Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block Lt. 11B / 3

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,165

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Heating System: Forced Air Oil
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1207.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1207
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2013-12-27
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 1207
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1207.00
  • UncoveredNumberSpaces: 3.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Schools

  • Elementary School: South Salem
  • Middle School: Andrew Lewis
  • High School: Salem High

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.31
  • Lot: Lt. 11B

Building Info

  • Year Built: 1940

Tax Info

  • Taxes (6 mo): 1165.00
  • FILLTAXID: 258-3-13

MLS Schools

  • Elementary School: South Salem
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2005
Sold by
Taliaferro Andrew C
Bought by
Taliaferro George A and Taliaferro Curtis W
Current Estimated Value
$235,580
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
Taliaferro George A $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stclair Christopher S $75,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2014 01/21/14 Sold $57,500 -23.3% $48 / Sq Ft
12/27/2013 12/27/13 Pending -- -- --
09/12/2013 09/12/13 For Sale $74,950 -- $62 / 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 $784 $130,600 $38,500 $92,100
2023 $1,279 $106,600 $36,000 $70,600
2022 $1,177 $98,100 $32,400 $65,700
2021 $1,132 $94,300 $31,300 $63,000
2020 $1,104 $92,000 $31,300 $60,700
2019 $1,053 $89,200 $31,300 $57,900
2018 $940 $79,700 $31,300 $48,400
2017 $933 $79,100 $31,300 $47,800
2016 $933 $79,100 $31,300 $47,800
2015 $925 $78,400 $31,000 $47,400
2014 $925 $78,400 $31,000 $47,400
Source: Public Records

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 796852

Roanoke Valley Association of REALTORS®

APN: 258-3-13

Virginia Salem City County Salem 24153

1701 Margaret Ln, Salem, VA

This home is located at 1701 Margaret Ln, Salem, VA 24153 since 12 September 2013 and is currently estimated at $235,580, approximately $195 per square foot. This property was built in 1940. 1701 Margaret Ln is a home located in Salem City with nearby schools including East Salem Elementary School, Andrew Lewis Middle School, and Salem 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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