NOT LISTED FOR SALE

1844 Red Lane Extension Unit EX Salem, VA 24153

Estimated Value: $213,000 - $238,000

2 Beds
1 Bath
1,100 Sq Ft
$202/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $146,100 $133 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,386/month

1 Day on Market

Highlights

  • Mountain View
  • Deck
  • Ranch Style House
  • Fort Lewis Elementary School Rated A-
  • Living Room with Fireplace
  • No HOA

About This Home

As of October 2020

SO SALEM offering one-level living and ready for you to call HOME with gleaming hardwood floors throughout, a beautiful stone gas log fireplace, a large kitchen wtih stainless steel appliances, spacious room, and a nice back deck perfect for entertaining! All information is deemed reliable but ot guaranteed and shold be verified by buyer or buyer's agent. Keys and possession to be given to buyer after recording. Agents and Buyers please wear masks when viewing and touch as little as possible. Seller has sold carport. Basement has no access from inside and has a low ceiling, more like a nice crawlspace.

Last Listed By

Christy Crouch

RE/MAX ALL POINTS License #0225020100 Listed on: 08/20/2020

RE/MAX ALL POINTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,467

Year Built

  • Built in 1965

Lot Details

  • 0.35 Acre Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,100 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Storage
  • Laundry on main level
  • Mountain Views
  • Electric Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Parking

  • 4 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Amenities

  • Restaurant
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,467

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Storage
  • Heating System: Forced Air Oil
  • Fireplace(s): Basement, Living Room
  • Type: A
  • Has Basement: Full Basement
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Deck, Paved Driveway
  • Views: Mountain, Sunrise, Sunset
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1100.00
  • ExteriorDoors: Fiberglass
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 2200
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Xfinity
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2020-08-21
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1100
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1100.00
  • TotalUnfin Sq Ft: 1100.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1100.00
  • 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: Front Porch

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior, Paved Road

Schools

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

Lot Info

  • Lot Description: Cleared, Level Lot
  • Lot Dimensions: .35 ac
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.35

Building Info

  • Year Built: 1965

Tax Info

  • Taxes (6 mo): 1467.00
  • FILLTAXID: 035.04-03-08.00-0000

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 7, 2020
Sold by
Long Barbara J
Bought by
Ray Gracelynn H
Seller's Agent
Christy Crouch
RE/MAX ALL POINTS
Buyer's Agent
Alice Limroth
KELLER WILLIAMS REALTY LYNCHBURG
List Price
$134,950
Sold Price
$146,100
Premium/Discount to List
$11,150
8.26%
Total Days on Market
1
Current Estimated Value
$222,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,629
Avg. Annual Appreciation
9.60%
Original Mortgage
$147,575
Outstanding Balance
$132,735
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$89,994

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
Ray Gracelynn H $146,100 First Choice Title & Setmnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Gracelynn H $147,575
Previous Owner Long William W $106,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $146,100 +8.3% $133 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $134,950 -- $123 / 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 $1,741 $167,400 $34,000 $133,400
2023 $1,674 $157,900 $34,000 $123,900
2022 $1,642 $150,600 $34,000 $116,600
2021 $1,597 $146,500 $33,000 $113,500
2020 $1,382 $134,600 $33,000 $101,600
2019 $1,421 $130,400 $34,000 $96,400
2018 $1,403 $129,500 $36,000 $93,500
2017 $1,382 $128,700 $36,000 $92,700
2016 $1,382 $127,600 $36,000 $91,600
2015 $1,379 $126,500 $36,000 $90,500
2014 $1,358 $124,600 $34,000 $90,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 872527

Roanoke Valley Association of REALTORS®

APN: 035.04-03-08