NOT LISTED FOR SALE

1931 Willis St Salem, VA 24153

Estimated Value: $224,000 - $243,000

3 Beds
2 Baths
1,358 Sq Ft
$172/Sq Ft Est. Value

Last Sold November 19, 2012

Last sale price $85,000 $63 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,366/month

133 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Storage
  • Salem High School Rated A-
  • Porch
  • Garden

About This Home

As of November 2012

Newer one level home with full walk out basement, great for expansion. 2 level back deck. Nice open kitchen with lots of cabinet space. Some TLC would go a long way to make this a great home at this price. 2 lots.

Last Agent to Sell the Property

Carrie Cassady

CENTURY 21 Rice Realty License #225049888 Listed on: 06/11/2012

CENTURY 21 Rice Realty

Last Buyer's Agent

Carrie Cassady

CENTURY 21 Rice Realty License #225049888 Listed on: 06/11/2012

CENTURY 21 Rice Realty

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,105

Year Built

  • Built in 2007

Lot Details

  • Garden
  • Property is in good condition

Home Design

  • Ranch Style House
  • Fire Rated Drywall
  • Shingle Roof
  • Vinyl Trim

Interior Spaces

  • 1,358 Sq Ft Home
  • Storage
  • Attic Access Panel
  • Electric Range

Flooring

  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

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

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 79-2-16 and 79-2-16.1

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,105

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Appearance: Good
  • Estimated Total Finished Sq Ft: 1358
  • Class: Residential
  • County Or City: Salem
  • Deed Bk Pg Instrumnt: 070003061
  • Legal Description: LT B & LT C TURLEY RESUBD
  • Lender Or Govt Ownd: Yes
  • Master On Main: Yes
  • Miscellaneous: Breakers
  • Modular: Yes
  • Number Rooms: 6
  • Parcel Nbr: 79-2-16 and 79-2-16.1
  • Property Sub Type: Detached
  • Style Structure Home: Ranch
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Carpet, Vinyl
  • Appliances: Dryer Hookup-Elec, Range/Electric, Refrigerator, Washer Hookup
  • Attic: Access Only
  • Basement: Concrete Floor, Full, Walk Out
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Interior Amenities: Extra Storage, Laundry On Main, Walls-Drywall

Exterior Features

  • Exterior Features: Deck, Garden Space, Porch
  • Exterior Finish: Vinyl
  • Roofing: Shingle

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Heat Pump
  • Sewer: Public System
  • Water: Public Water

Schools

  • School District: Salem
  • Elementary School: GW Carver
  • Middle School: Andrew Lewis
  • High School: Salem

Lot Info

  • Lot Size: .564

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2012
Closed on
Nov 19, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Brown David S
Seller's Agent
Carrie Cassady
CENTURY 21 Rice Realty
Buyer's Agent
Carrie Cassady
CENTURY 21 Rice Realty
List Price
$145,900
Sold Price
$85,000
Premium/Discount to List
-$60,900
-41.74%
Current Estimated Value
$233,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,702
Avg. Annual Appreciation
8.26%
Original Mortgage
$82,450
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2012
Sold by
Shafer George W and City Of Salem
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 1, 2007
Sold by
Hash Timoothy W and Hash Connie B
Bought by
Shafer George W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2006
Sold by
Turley Abney Wayne
Bought by
Hash Timothy W and Hash Connie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,678
Interest Rate
6.62%
Mortgage Type
FHA

Purchase Details

Closed on
May 25, 2006
Sold by
Turley Abney Wayne
Bought by
Robinson Michael R and Robinson Ronda P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,678
Interest Rate
6.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 2005
Sold by
Neal Nannie Sue
Bought by
Turley Abney Wayne
Source: Public Records

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
Brown David S $85,000 Century Title Services Inc
Federal Home Loan Mortgage Corporation $177,000 None Available
Shafer George W $177,000 Stewart Title Guaranty Compa
Hash Timothy W $43,000 None Available
Robinson Michael R -- None Available
Turley Abney Wayne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown David S $44,100
Open Brown David S $124,000
Closed Brown David S $15,000
Closed Brown David S $82,450
Previous Owner Shafer George $177,000
Previous Owner Hash Timothy W $50,000
Previous Owner Robinson Michael R $77,678
Previous Owner Robinson Michael R $77,678
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2012 11/19/12 Sold $85,000 -41.7% $63 / Sq Ft
10/22/2012 10/22/12 Pending -- -- --
06/11/2012 06/11/12 For Sale $145,900 -- $107 / Sq Ft
Source: New River 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 $1,105 $184,100 $28,000 $156,100
2023 $1,994 $166,200 $26,100 $140,100
2022 $1,844 $153,700 $21,600 $132,100
2021 $1,752 $146,000 $20,500 $125,500
2020 $1,711 $142,600 $20,500 $122,100
2019 $1,678 $139,800 $20,500 $119,300
2018 $1,644 $139,300 $20,500 $118,800
2017 $1,625 $137,700 $20,500 $117,200
2016 $1,625 $137,700 $20,500 $117,200
2015 $1,633 $138,400 $19,000 $119,400
2014 $1,633 $138,400 $19,000 $119,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 306737

New River Valley Association of REALTORS®

APN: 79-2-16