NOT LISTED FOR SALE

1864 Red Lane Extension Unit EX Salem, VA 24153

Estimated Value: $93,000 - $307,000

3 Beds
1 Bath
1,437 Sq Ft
$131/Sq Ft Est. Value

Last Sold July 17, 2019

Last sale price $51,000 $35 Per Sq Ft

Est. 269% increase in value since last sale

Current estimated payment $1,136/month

99 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Level Lot
  • Fort Lewis Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of July 2019

THIS HOME IS A OLD LOG CABIN WITH A ADDITION ON IT. IT FEATURES 3 BEDROOMS, 1 BATH, LIVING ROOM AND KITCHEN, COVERED FRONT PORCH. IT ALSO HAS A POLE BARN AND DECK. BUYER TO VERIFY ALL INFORMATION. **All offers must be submitted by the Buyer's agent via the RES.NET Agent Portal. To submit your buyer's offer, simply click the link below. If you already have a RES.NET Agent account, you will be prompted to log in. If not, you will be prompted to create an account. To begin, click or paste this link into your web browser: https://agent.res.net/Offers.aspx?

Last Listed By

Bonnie Hall

GRACIOUS LIVING REALTY License #0205054572 Listed on: 03/18/2019

Property Details

Home Type

  • Manufactured Home

Year Built

  • Built in 1928

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Log Cabin

Interior Spaces

  • 1,437 Sq Ft Home
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Residential
  • Has Basement: Partial Basement
  • Cooling System: No Cooling System
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1437.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1437
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2019-06-25
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1437
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1437.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.50

Building Info

  • Year Built: 1928

Tax Info

  • Taxes (6 mo): 1286.00
  • FILLTAXID: 035.04-03-06.00-0000

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
Jun 20, 2019
Sold by
Pennymac Loan Services Llc
Bought by
Barnett Clinton
Seller's Agent
Bonnie Hall
GRACIOUS LIVING REALTY
Buyer's Agent
Tina McDaniel
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$52,000
Sold Price
$51,000
Premium/Discount to List
-$1,000
-1.92%
Total Days on Market
99
Current Estimated Value
$188,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,417
Avg. Annual Appreciation
26.36%

Purchase Details

Closed on
Feb 25, 2019
Sold by
Hall James C and Latempa Lindsay B
Bought by
Pennymac Loan Services Llc

Purchase Details

Listed on
Mar 26, 2016
Closed on
Oct 11, 2016
Sold by
Metheny Patrick L and Metheny Anna P
Bought by
Hall James C and Latempa Lindsay B
Seller's Agent
Ashley Donahue
WAINWRIGHT & CO., REALTORS(r)
Buyer's Agent
Ashley Donahue
WAINWRIGHT & CO., REALTORS(r)
List Price
$107,000
Sold Price
$108,809
Premium/Discount to List
$1,809
1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$109,908
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2005
Sold by
Stclari William D and Stclari Debra A
Bought by
Metheny Patrick L and Metheny Anna P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,450
Interest Rate
5.94%
Mortgage Type
Stand Alone Second

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
Barnett Clinton $51,000 Servicelink
Pennymac Loan Services Llc $51,350 None Available
Hall James C $108,809 Fidelity National Title
Metheny Patrick L $94,950 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hall James C $109,908
Previous Owner Metheny Patrick L $9,450
Previous Owner Metheny Patrick L $75,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2019 07/17/19 Sold $51,000 -1.9% $35 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $52,000 -52.2% $36 / Sq Ft
10/21/2016 10/21/16 Sold $108,809 +1.7% $76 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
03/26/2016 03/26/16 For Sale $107,000 -- $74 / 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 $1,029 $98,900 $34,000 $64,900
2023 $988 $93,200 $34,000 $59,200
2022 $972 $89,200 $34,000 $55,200
2021 $935 $85,800 $33,000 $52,800
2020 $930 $85,300 $33,000 $52,300
2019 $1,178 $108,100 $34,000 $74,100
2018 $1,163 $107,000 $36,000 $71,000
2017 $1,163 $106,700 $36,000 $70,700
2016 $1,154 $105,900 $36,000 $69,900
2015 $1,145 $105,000 $36,000 $69,000
2014 $1,127 $103,400 $34,000 $69,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Bonnie Hall

    GRACIOUS LIVING REALTY

    (540) 309-7565

    125 Total Sales

    Bonnie Hall
    Section Image

  • T

    Buyer's Agent in 2019

    Tina McDaniel

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 293-7172

    50 Total Sales

    Tina McDaniel
    Section Image
  • Ashley Donahue

    Seller's Agent in 2016

    Ashley Donahue

    WAINWRIGHT & CO., REALTORS(r)

    (540) 580-3547

    108 Total Sales

    Ashley Donahue
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 857040

Roanoke Valley Association of REALTORS®

APN: 035-04-03-06

Virginia Roanoke County Salem 24153

1864 Red Lane Extension Unit EX, Salem, VA

Homes for Sale in Salem, VA

This home is located at 1864 Red Lane Extension Unit EX, Salem, VA 24153 since 18 March 2019 and is currently estimated at $188,417, approximately $131 per square foot. This property was built in 1928. 1864 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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