NOT LISTED FOR SALE

1720 High Gate Ln Salem, VA 24153

Estimated Value: $517,000 - $643,000

4 Beds
3.5 Baths
3,172 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 13, 2019

Last sale price $369,950 $117 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,435/month

3 Days on Market

Highlights

  • Mountain View
  • Deck
  • Cathedral Ceiling
  • Fort Lewis Elementary School Rated A-
  • Great Room with Fireplace
  • Community Pool

About This Home

As of May 2019

This gorgeous Russlen Farms home is distinguished among others by it's spaciously finished basement, first floor master suite, main level laundry, great room with fireplace, cathedral ceilings, hardwood floors, large upper level bonus room/ 4th bedroom, granite and new stainless appliances. A neighborhood rarity with its incredible private outdoor living space, privacy fence, deck, tiered patio with built in fire pit, & mountain views. HOA includes community pool, playground, exercise facility, club house and walking trail. Updates: HVAC, Appliances, Privacy Fence, Exterior Shutters

Last Agent to Sell the Property

Dena Balzano

LICHTENSTEIN ROWAN, REALTORS(r) License #0225216802 Listed on: 04/16/2019

Last Buyer's Agent

Julie Poff

MKB, REALTORS(r) License #0225063336

MKB, REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,597

Year Built

  • Built in 2003

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 66 x 114 x 126 x 146
  • Fenced Yard
  • Property is zoned R1

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Great Room with Fireplace
  • 2 Fireplaces
  • Storage
  • Laundry on main level
  • Mountain Views
  • Alarm System

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Water Heater

Listing and Financial Details

  • Tax Lot 7

Community Details

Overview

  • Nancy Hawkins, Murray Realty Inc. Association
  • Russlen Farms Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,597

Year Built

Built in 2003

Lot Details

0.27 Acres

HOA Fees

$60 per month

Listing Details

  • Interior Features: Alarm, Cathedral Ceiling, Gas Log Fireplace, Storage, Walk-in-Closet
  • Heating System: Forced Air Gas, Heat Pump Electric
  • Fireplace(s): Basement, Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Disposer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Fenced Yard, Patio, Paved Driveway
  • Views: Mountain, Sunrise, Sunset
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 1458.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 1000.00
  • Major Area: 02 - Roanoke County
  • NumberPrimCovSpaces: 2.00
  • Phone Email: (540) 685-0601
  • P O A Condo Contact Name: Nancy Hawkins, Murray Realty Inc.
  • POACondoDues: 60.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 2172
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3172.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 382.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 382.00
  • UpperAboveGrdFin Sq Ft: 714.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Maint-Free Exterior, Underground Util

Lot Info

  • Lot Dimensions: 66 X 114 X 126 X 146
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.27
  • Lot: 7
  • ZoningCode: R1

Building Info

  • Year Built: 2003

Tax Info

  • Taxes (6 mo): 3597.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
May 1, 2019
Sold by
Demuth George and Fuquay Martha
Bought by
Made Michael B and Made Kathryn S
Seller's Agent
Dena Balzano
LICHTENSTEIN ROWAN, REALTORS(r)
Buyer's Agent
Julie Poff
MKB, REALTORS(r)
List Price
$369,950
Sold Price
$369,950
Current Estimated Value
$575,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,671
Avg. Annual Appreciation
6.70%
Original Mortgage
$244,950
Outstanding Balance
$214,481
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$361,140

Purchase Details

Listed on
May 15, 2017
Closed on
Jun 6, 2017
Sold by
Berenbaum Joseph S and Berenbaum Dana M
Bought by
Demuth George and Fuquay Martha
Seller's Agent
Dana Berenbaum
MKB, REALTORS(r)
Buyer's Agent
Dena Balzano
LICHTENSTEIN ROWAN, REALTORS(r)
List Price
$344,950
Sold Price
$350,000
Premium/Discount to List
$5,050
1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.94%
Original Mortgage
$315,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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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Purchase History

Date Buyer Sale Price Title Company
Made Michael B $369,950 First Choice Title & Setmnt
Demuth George $350,000 Performance Title & Settleme
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Made Michael B $244,950
Previous Owner Demuth George $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2019 05/13/19 Sold $369,950 0.0% $117 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $369,950 +5.7% $117 / Sq Ft
06/14/2017 06/14/17 Sold $350,000 +1.5% $110 / Sq Ft View Prior Sale
05/16/2017 05/16/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $344,950 -- $109 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $4,956 $481,200 $71,000 $410,200
2024 $4,902 $471,300 $71,000 $400,300
2023 $4,715 $444,800 $67,000 $377,800
2022 $4,119 $377,900 $62,000 $315,900
2021 $3,969 $364,100 $58,000 $306,100
2020 $3,706 $340,000 $58,000 $282,000
2019 $3,667 $336,400 $58,000 $278,400
2018 $3,350 $330,000 $58,000 $272,000
2017 $3,350 $307,300 $58,000 $249,300
2016 $3,348 $307,200 $58,000 $249,200
2015 $3,347 $307,100 $58,000 $249,100
2014 $3,344 $306,800 $58,000 $248,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 858172

Roanoke Valley Association of REALTORS®

APN: 056.03-03-07

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