NOT LISTED FOR SALE

2001 Rice Ave Salem, VA 24153

Estimated Value: $348,000 - $434,000

0.5 Acre
$780,600 Price per Acre
21,780 Sq Ft Lot

Last Sold May 15, 2018

Last sale price $40,000

Est. 876% increase in value since last sale

Current estimated payment $2,179/month

395 Days on Market

About This Lot

As of May 2018

Very pretty lot in City of Salem, mountain views, access from an alley.

Last Buyer's Agent

Brian & Rachelle Smith

RE/MAX ALL POINTS License #0225058049

RE/MAX ALL POINTS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $114

Lot Details

  • 0.5

Schools

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

Utilities

  • Water Not Available
  • Sewer Not Available

Additional Features

  • 0.5 Acre Lot
  • Mountain Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16B

Property Details

Property Type

Land

Est. Annual Taxes

$114

Lot Details

0.5 Acres

Listing Details

  • Type: Land
  • Views: Mountain
  • ElectricDescription: Above 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: None

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Total Acreage: 0.50
  • Lot: 16B
  • Land Type: Lot

Tax Info

  • Taxes (6 mo): 114.46

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
May 14, 2018
Sold by
Plrc Properties Llc
Bought by
Stovall Kevin R and Stovall Erma H
Buyer's Agent
Brian & Rachelle Smith
RE/MAX ALL POINTS
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%
Current Estimated Value
$390,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,300
Avg. Annual Appreciation
34.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stovall Kevin R $40,000 Fidelity National Title Ins
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2018 05/15/18 Sold $40,000 -11.1% --
04/05/2018 04/05/18 Pending -- -- --
03/06/2017 03/06/17 For Sale $45,000 -- --
Source: Roanoke Valley Association of REALTORS®

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 $2,020 $342,300 $48,200 $294,100
2024 $1,925 $320,800 $45,800 $275,000
2023 $3,539 $294,900 $42,700 $252,200
2022 $3,264 $272,000 $36,600 $235,400
2021 $3,038 $253,200 $33,000 $220,200
2020 $2,882 $240,200 $33,000 $207,200
2019 $2,744 $228,700 $33,000 $195,700
2018 $114 $9,700 $9,700 $0
2017 $114 $9,700 $9,700 $0
2016 $114 $9,700 $9,700 $0
2015 $112 $9,500 $9,500 $0
2014 $112 $9,500 $9,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian & Rachelle Smith

    Buyer's Agent in 2018

    Brian & Rachelle Smith

    RE/MAX

    (540) 556-9901

    6 in this area

    95 Total Sales

    Brian & Rachelle Smith
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 834684

Roanoke Valley Association of REALTORS®

APN: 203-2-12.1

Virginia Salem City County Salem 24153

2001 Rice Ave, Salem, VA

Not Listed for Sale

Lots

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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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