NOT LISTED FOR SALE

1950 Oak Drive Extension Salem, VA 24153

Estimated Value: $282,000 - $293,000

3 Beds
1 Bath
1,750 Sq Ft
$166/Sq Ft Est. Value

Last Sold September 25, 2015

Last sale price $164,900 $94 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,748/month

65 Days on Market

Highlights

  • Wooded Lot
  • Ranch Style House
  • 2 Car Detached Garage
  • Glen Cove Elementary School Rated A-
  • No HOA
  • Front Porch

About This Home

As of September 2015

Private beautiful setting. All brick ranch with lots of storage, finished basement with gas log fireplace, new bath. Oversized 34 x 36) detached garage with half bath. Stone landscaping, patio, storage shed. Roof 3-yrs., water heater replaced 2014. New heat pump installed June, 2015.

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,720

Year Built

  • Built in 1972

Lot Details

  • 0.59 Acre Lot
  • Lot Sloped Up
  • Wooded Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Gas Log Fireplace
  • Family Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed
  • Front Porch

Schools

  • Glen Cove Elementary School
  • Northside Middle School
  • Northside High School

Utilities

  • Heat Pump System
  • Water Heater

Community Details

  • No Home Owners Association
  • Oak Ridge Subdivision

Listing and Financial Details

  • Legal Lot and Block 10, 11 / 2

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,720

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Interior Features: Gas Log Fireplace
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Garage Door Opener, Range Electric, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Patio, Paved Driveway, Storage Shed
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1150.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1750
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 600.00
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2015-08-19
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1150
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1750.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: PrivSept-permit unav
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Maint-Free Exterior

Schools

  • Elementary School: Glen Cove
  • Middle School: Northside
  • High School: Northside

Lot Info

  • Lot Description: Up Slope, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.59
  • Lot: 10, 11

Building Info

  • Year Built: 1972

Tax Info

  • Taxes (6 mo): 1720.00
  • FILLTAXID: 036.03-01-08.00

MLS Schools

  • Elementary School: Glen Cove
  • HighSchool: Northside
  • Middle School: Northside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2015
Closed on
Sep 3, 2015
Sold by
Cain Roger L and Cain Karen Lynn
Bought by
Altice Carolyn Sue
List Price
$164,900
Sold Price
$164,900
Current Estimated Value
$289,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,942
Avg. Annual Appreciation
6.18%
Original Mortgage
$144,900
Outstanding Balance
$115,587
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$182,870

Purchase Details

Closed on
May 9, 2008
Sold by
Cain Roger L
Bought by
Cain Roger L and Young Karen Lynn
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
Altice Carolyn Sue $164,900 Acquisition Title & Settleme
Cain Roger L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altice Carolyn Sue $144,900
Previous Owner Cain Roger L $85,000
Previous Owner Cain Roger Lee $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2015 09/25/15 Sold $164,900 0.0% $94 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $164,900 -- $94 / 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 $1,948 $187,300 $42,000 $145,300
2023 $1,883 $177,600 $42,000 $135,600
2022 $1,824 $167,300 $42,000 $125,300
2021 $1,789 $164,100 $42,000 $122,100
2020 $1,779 $163,200 $42,000 $121,200
2019 $1,783 $163,600 $42,000 $121,600
2018 $1,684 $155,700 $37,000 $118,700
2017 $1,684 $154,500 $37,000 $117,500
2016 $1,642 $150,600 $37,000 $113,600
2015 $1,628 $149,400 $37,000 $112,400
2014 $1,615 $148,200 $37,000 $111,200
Source: Public Records

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 816334

Roanoke Valley Association of REALTORS®

APN: 036-03-01-08