NOT LISTED FOR SALE

1824 Red Lane Extension Unit EX Salem, VA 24153

Estimated Value: $217,000

2 Beds
1 Bath
954 Sq Ft
$227/Sq Ft Est. Value

Last Sold May 19, 2020

Last sale price $42,500 $45 Per Sq Ft

Est. 411% increase in value since last sale

Current estimated payment $1,239/month

28 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Fort Lewis Elementary School Rated A-

About This Home

As of May 2020

Single family two bedroom one bath home on .55 acres in Roanoke County with a Salem address. For more information and to make an offer please visit HomePath.com buyer responsible for all inspections and to verify all information.

Last Listed By

Gregg Ayers

PRIME REAL ESTATE SERVICES INC License #0225064347 Listed on: 04/02/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $953

Year Built

  • Built in 1960

Lot Details

  • 0.55

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 954 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Additional Features

  • 0.55 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$953

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Heating System: Forced Air Oil
  • Type: Residential
  • Has Basement: Crawl Space
  • Cooling System: Central Cooling
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 954.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 954
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2020-04-30
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 954
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 954.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: PrivSept-permit unav
  • Water Description: Private Well

Schools

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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.55

Building Info

  • Year Built: 1960

Tax Info

  • Taxes (6 mo): 953.00
  • FILLTAXID: 035.04-03-13.00-0000

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2020
Sold by
Caziwa Llc
Bought by
1824 Red Lane Llc
Total Days on Market
28
Current Estimated Value
$217,000

Purchase Details

Listed on
Apr 2, 2020
Closed on
May 18, 2020
Sold by
Fannie Mae
Bought by
Caziwa Llc
Seller's Agent
Gregg Ayers
PRIME REAL ESTATE SERVICES INC
Buyer's Agent
James Morris
IVY REALTY OF ROANOKE LLC
List Price
$49,900
Sold Price
$42,500
Premium/Discount to List
-$7,400
-14.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.76%

Purchase Details

Closed on
Nov 8, 2019
Sold by
King Susan L
Bought by
Federal National Mortgage Association

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
1824 Red Lane Llc -- None Available
Caziwa Llc $42,500 None Available
Federal National Mortgage Association $43,952 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2020 05/19/20 Sold $42,500 -14.8% $45 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $49,900 -- $52 / 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 $354 $34,000 $34,000 $0
2023 $360 $34,000 $34,000 $0
2022 $371 $34,000 $34,000 $0
2021 $360 $33,000 $33,000 $0
2020 $953 $87,400 $33,000 $54,400
2019 $949 $87,100 $34,000 $53,100
2018 $959 $88,200 $36,000 $52,200
2017 $959 $88,000 $36,000 $52,000
2016 $954 $87,500 $36,000 $51,500
2015 $948 $87,000 $36,000 $51,000
2014 $921 $84,500 $34,000 $50,500
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gregg Ayers

    PRIME REAL ESTATE SERVICES INC

    (540) 300-6311

    51 Total Sales

    Gregg Ayers
    Section Image

  • J

    Buyer's Agent in 2020

    James Morris

    IVY REALTY OF ROANOKE LLC

    (540) 655-8694

    4 Total Sales

    James Morris
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 868377

Roanoke Valley Association of REALTORS®

APN: 035.04-03-13

Virginia Roanoke County Salem 24153

1824 Red Lane Extension Unit EX, Salem, VA

Homes for Sale in Salem, VA

This home is located at 1824 Red Lane Extension Unit EX, Salem, VA 24153 since 02 April 2020 and is currently estimated at $217,000, approximately $227 per square foot. This property was built in 1960. 1824 Red Lane Extension Unit EX 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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