NOT LISTED FOR SALE

1718 Riverview Dr Salem, VA 24153

Estimated Value: $242,000 - $294,000

3 Beds
2 Baths
2,561 Sq Ft
$106/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $155,000 $61 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,517/month

62 Days on Market

Highlights

  • Deck
  • Whirlpool Bathtub
  • Covered Patio or Porch
  • Ranch Style House
  • No HOA
  • 2-minute walk to Salem Rotary Park

About This Home

As of January 2021

Quaint brick range home in Salem city just off Electric Rd. this home features 3 bedrooms, 2 full baths, with an added additional family room/den. Exterior features include paved and gravel driveways that can accommodate 5+ vehicles, covered brick patio, good sized painted deck, and a large 12 x 20 utility shed with electric. Back yard is partially covered with privacy fence.

Last Agent to Sell the Property

Lynn Hall

EDWIN C HALL ASSOCIATES INC License #0225041534 Listed on: 10/13/2020

Last Buyer's Agent

Landon Johnson

FIVE STONE REALTY GROUP License #0225231874

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,463

Year Built

  • Built in 1958

Lot Details

  • 0.3 Acre Lot
  • Fenced Yard
  • Level Lot
  • Property is zoned RSF

Parking

  • 3 Open Parking Spaces

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2B

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,463

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Whirlpool Bath
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Microwave Oven (Built In), Range Electric, Refrigerator, Sump Pump
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Fenced Yard, Patio, Paved Driveway, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1478.00
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 900.00
  • Major Area: 03 - City of Salem
  • OtherAboveGrdFin Sq Ft: 183.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1661
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2561.00
  • TotalUnfin Sq Ft: 2561.00
  • UncoveredNumberSpaces: 3.00
  • Unfinished Attached S Q F T Entry Above Grd Unfin S Q F T: 1478.00
  • Unfinished Attached S Q F T Entry Below Grd Unfin S Q F T: 900.00
  • Unfinished Attached S Q F T Other Above Grd Unfin S Q F T: 183.00
  • 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: Side Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.30
  • Lot: 2B
  • ZoningCode: RSF

Building Info

  • Year Built: 1958

Tax Info

  • Taxes (6 mo): 1462.80

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Jan 25, 2021
Sold by
Francisco Russell Leon and Francisco Winnie Gaye
Bought by
Cox Crisley A
Seller's Agent
Lynn Hall
EDWIN C HALL ASSOCIATES INC
Buyer's Agent
Landon Johnson
FIVE STONE REALTY GROUP
List Price
$158,950
Sold Price
$155,000
Premium/Discount to List
-$3,950
-2.49%
Current Estimated Value
$271,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,606
Avg. Annual Appreciation
11.95%
Original Mortgage
$152,192
Outstanding Balance
$136,143
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$135,463
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cox Crisley A $155,000 First Choice Title & Setmnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Crisley A $152,192
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2021 01/26/21 Sold $155,000 -2.5% $61 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $158,950 -- $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
2025 $1,166 $197,600 $29,200 $168,400
2024 $1,089 $181,500 $28,400 $153,100
2023 $1,985 $165,400 $26,500 $138,900
2022 $1,843 $153,600 $23,800 $129,800
2021 $1,493 $124,400 $23,100 $101,300
2020 $1,463 $121,900 $23,100 $98,800
2019 $1,403 $116,900 $23,100 $93,800
2018 $1,230 $104,200 $25,700 $78,500
2017 $1,218 $103,200 $25,700 $77,500
2016 $1,218 $103,200 $25,700 $77,500
2015 $1,173 $99,400 $21,700 $77,700
2014 $1,173 $99,400 $21,700 $77,700
Source: Public Records

Agents Affiliated with this Home

  • Lynn Hall

    Seller's Agent in 2021

    Lynn Hall

    EDWIN C HALL ASSOCIATES INC

    (540) 982-5703

    3 in this area

    36 Total Sales

    Lynn Hall
    Section Image
  • Landon Johnson

    Buyer's Agent in 2021

    Landon Johnson

    FIVE STONE REALTY GROUP

    (540) 309-5089

    7 in this area

    95 Total Sales

    Landon Johnson
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 874218

Roanoke Valley Association of REALTORS®

APN: 258-3-2

Virginia Salem City County Salem 24153

1718 Riverview Dr, Salem, VA

Not Listed for Sale

Detached

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