NOT LISTED FOR SALE

1937 S Clearing Rd Salem, VA 24153

Estimated Value: $200,000 - $222,000

2 Beds
1.5 Baths
1,024 Sq Ft
$205/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $114,450 $112 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,354/month

203 Days on Market

Highlights

  • Community Pool
  • Balcony
  • Public Transportation
  • Salem High School Rated A-
  • Walk-In Closet
  • Ceiling Fan

About This Home

As of June 2016

Come take a look at this 2 BR, 1.5 Bath unit in the popular Ridgewood Farm complex. Features neutral colors, roomy Eat-in-Kitchen and a Family Room. Unit has 9 ft. ceilings. Conveniently located to area amenities. Second floor unit.

Last Agent to Sell the Property

Molly Whitley

YOUNG REALTY COMPANY License #0225094682 Listed on: 11/16/2015

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 2001

Lot Details

  • 436 Sq Ft Lot
  • Level Lot

HOA Fees

  • $166 Monthly HOA Fees

Interior Spaces

  • 1,024 Sq Ft Home
  • Ceiling Fan
  • Insulated Doors

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • Assigned Parking

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot Unit 19

Community Details

Overview

  • Ridgewood Farm Subdivision

Amenities

  • Public Transportation

Recreation

  • Community Pool

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,400

Year Built

Built in 2001

Lot Details

0

HOA Fees

$166 per month

Listing Details

  • Interior Features: Ceiling Fan, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Condominium
  • Has Basement: Other - See Remarks
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Balcony
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1024.00
  • ExteriorDoors: Insulated
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1024
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • POACondoDues: 166.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2016-06-06
  • Residential Type: Attached
  • SubdivisionMap: Ridgewood Farm
  • Total Above Grd Fin S Q F T: 1024
  • TotalBdrm: 2
  • TotalBths: 1.10
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1024.00
  • TotalHBaths: 1
  • UncoveredNumberSpaces: 1.00
  • Uncovered Parking: Designated Spaces
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.01
  • Lot: Unit 19
  • Phase: 13
  • ZoningCode: RMF

Building Info

  • Year Built: 2001

Tax Info

  • Taxes (6 mo): 1400.00
  • FILLTAXID: 284-1-2.5-1937

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2015
Closed on
Jun 29, 2016
Sold by
Whitley C R C and Whitley Sandra S
Bought by
Edwards Carolyne and Edwards Karen M
Seller's Agent
Molly Whitley
YOUNG REALTY COMPANY
List Price
$119,500
Sold Price
$114,450
Premium/Discount to List
-$5,050
-4.23%
Current Estimated Value
$210,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,600
Avg. Annual Appreciation
6.42%
Original Mortgage
$91,560
Outstanding Balance
$74,070
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$129,253

Purchase Details

Listed on
Apr 29, 2015
Closed on
Aug 18, 2015
Sold by
Ferrate Mary Ellen Finkel
Bought by
Whitley C R and Whitley Sandra S
Seller's Agent
Steve Stevens
RE/MAX REAL ESTATE ONE
Buyer's Agent
Steve Stevens
RE/MAX REAL ESTATE ONE
List Price
$102,950
Sold Price
$90,000
Premium/Discount to List
-$12,950
-12.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.82%

Purchase Details

Closed on
Jan 14, 2010
Sold by
Ferrate Mary F
Bought by
Ferrate Mary Ellen Finkel and Mary Ellen Finkel Ferrate Revocablet Dec

Purchase Details

Closed on
Mar 31, 2006
Sold by
Prudential Relocation Inc
Bought by
Herrate Mary F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2006
Sold by
Freundt Matthew C
Bought by
Prudential Relocation Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.4%
Mortgage Type
New Conventional
Source: Public Records

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
Edwards Carolyne $114,450 Fidelity National Title Insu
Whitley C R $90,000 None Available
Ferrate Mary Ellen Finkel -- None Available
Herrate Mary F $129,500 None Available
Prudential Relocation Inc $129,950 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Carolyne $91,560
Previous Owner Ferrate Mary F $106,000
Previous Owner Prudential Relocation Inc $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $114,450 -4.2% $112 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
11/16/2015 11/16/15 For Sale $119,500 +32.8% $117 / Sq Ft
08/19/2015 08/19/15 Sold $90,000 -12.6% $88 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $102,950 -- $101 / 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
2025 $940 $159,300 $30,000 $129,300
2024 $855 $142,500 $25,000 $117,500
2023 $1,636 $136,300 $0 $136,300
2022 $1,440 $120,000 $0 $120,000
2021 $1,417 $118,100 $0 $118,100
2020 $1,373 $114,400 $0 $114,400
2019 $1,291 $109,400 $0 $109,400
2018 $1,291 $109,400 $0 $109,400
2017 $1,291 $109,400 $0 $109,400
2016 $1,362 $115,400 $0 $115,400
2015 $1,401 $118,700 $16,500 $102,200
2014 $1,401 $118,700 $16,500 $102,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Molly Whitley

    YOUNG REALTY COMPANY

    (540) 793-2240

    6 in this area

    18 Total Sales

    Molly Whitley
    Section Image
  • Steve Stevens

    Seller's Agent in 2015

    Steve Stevens

    RE/MAX

    (309) 261-3355

    29 in this area

    142 Total Sales

    Steve Stevens
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 820927

Roanoke Valley Association of REALTORS®

APN: 284-1-2.5-1937

Virginia Salem City County Salem 24153

1937 S Clearing Rd, Salem, VA

This home is located at 1937 S Clearing Rd, Salem, VA 24153 since 16 November 2015 and is currently estimated at $210,050, approximately $205 per square foot. This property was built in 2001. 1937 S Clearing Rd is a home located in Salem City with nearby schools including East Salem Elementary School, Andrew Lewis Middle School, and Salem 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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