NOT LISTED FOR SALE

1900 Reavis Ln Salem, VA 24153

Estimated Value: $209,000 - $316,000

29.52 Acres
$8,892 Price per Acre
1,285,891 Sq Ft Lot

Last Sold August 22, 2024

Last sale price $325,000

Est. 19% decrease in value since last sale

Current estimated payment $1,428/month

21 Days on Market

Highlights

  • 29.52 Acre Lot
  • No HOA
  • Level Lot
  • Salem High School Rated A-

About This Lot

As of August 2024

Beautiful tract of land in Salem with developmental potential. Must be bought in conjunction with the 4.61 acres listed in Roanoke City.

Last Agent to Sell the Property

Rick Payne

MKB, REALTORS(r) License #0225191313 Listed on: 07/16/2024

MKB, REALTORS(r)

Co-Listed By

Henry Scholz

MKB, REALTORS(r) License #0225055191

Last Buyer's Agent

Dana Berenbaum

MKB, REALTORS(r) License #0225219400

MKB, REALTORS(r)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,944

Lot Details

  • 29.52 Acre Lot
  • Level Lot
  • Property is zoned RSF

Schools

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

Utilities

  • Underground Utilities
  • Sewer Not Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$4,944

Lot Details

0

Listing Details

  • Type: Land
  • CondoAssocYN: No
  • ElectricDescription: Below Ground
  • Land Sub Type: Residential - Single Family
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: None
  • Water Description: Public Water

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Gentle Slope, Level
  • Total Acreage: 29.52
  • Land Type: Land (Acreage)
  • ZoningCode: RSF

Tax Info

  • Taxes (6 mo): 4944.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2021
Sold by
Miller Mark A and Miller Mary Jean
Bought by
Gnr Properties Llc
Current Estimated Value
$262,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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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
Gnr Properties Llc $800,000 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gnr Properties Llc $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2024 08/22/24 Sold $325,000 -32.3% --
08/06/2024 08/06/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $480,000 -- --
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 $648 $109,900 $109,900 $0
2024 $584 $97,400 $97,400 $0
2023 $1,135 $94,600 $94,600 $0
2022 $989 $82,400 $82,400 $0
2021 $961 $80,100 $80,100 $0
2020 $961 $80,100 $80,100 $0
2019 $961 $80,100 $80,100 $0
2018 $945 $80,100 $80,100 $0
2017 $945 $80,100 $80,100 $0
2016 $945 $80,100 $80,100 $0
2015 $989 $83,800 $83,800 $0
2014 $989 $83,800 $83,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Payne

    Seller's Agent in 2024

    Rick Payne

    MKB, REALTORS(r)

    (540) 793-0442

    4 in this area

    93 Total Sales

    Rick Payne
    Section Image
  • Henry Scholz

    Seller Co-Listing Agent in 2024

    Henry Scholz

    MKB, REALTORS(r)

    (540) 353-0100

    9 in this area

    37 Total Sales

    Henry Scholz
    Section Image
  • Dana Berenbaum

    Buyer's Agent in 2024

    Dana Berenbaum

    MKB, REALTORS(r)

    (540) 521-4424

    58 in this area

    209 Total Sales

    Dana Berenbaum
    Section Image
  • Kim Booth

    Buyer Co-Listing Agent in 2024

    Kim Booth

    MKB, REALTORS(r)

    (540) 793-4440

    36 in this area

    132 Total Sales

    Kim Booth
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 909271

Roanoke Valley Association of REALTORS®

APN: 190-1-4

Virginia Salem City County Salem 24153

1900 Reavis Ln, Salem, VA

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