NOT LISTED FOR SALE

2016 Burma Rd Salem, VA 24153

Estimated Value: $266,000 - $304,000

4 Beds
2 Baths
1,658 Sq Ft
$172/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $170,000 $103 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,665/month

96 Days on Market

Highlights

  • Mountain View
  • Deck
  • No HOA
  • Salem High School Rated A-
  • Ranch Style House
  • Covered Patio or Porch

About This Home

As of May 2018

ONE LEVEL LIVING with 1,658 sq. ft. Convenient to I-81, restaurants, and shopping. Lots of new items inside & out. This house needs nothing and is a great investment. The eat-in kitchen has granite counters, a granite wall from counter to ceiling with lots of cabinets. Both bathrooms are new with high end tile, marble, and granite finishes. The living room and 3 bedrooms have gleaming refinished hardwood floors. There is plush new carpet in the master bedroom. This home features an efficient split bedroom floor plan with 3 bedrooms separate from the master bedroom in the rear. The new roof, windows, and doors have a transferable warranty. The large deck the flat fenced back yard is great for children or pets. Walk up attic with lots of storage. Located is the Salem School District.

Last Agent to Sell the Property

Daniel Brown

EXECUTIVE REALTY INC License #0225087968 Listed on: 12/07/2017

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,361

Year Built

  • Built in 1950

Lot Details

  • 0.28 Acre Lot
  • Fenced Yard
  • Level Lot

Home Design

  • Ranch Style House

Interior Spaces

  • 1,658 Sq Ft Home
  • Insulated Doors
  • Living Room with Fireplace
  • Mountain Views
  • Crawl Space
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Restaurant

Listing and Financial Details

  • Legal Lot and Block 8 / 2

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,361

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area
  • Heating System: Forced Air Gas
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Dishwasher, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Deck, Fenced Yard
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 4
  • EntryAboveGrdFin Sq Ft: 1658.00
  • ExteriorDoors: Full View, Insulated
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1658
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2018-03-13
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Deep Dell
  • Total Above Grd Fin S Q F T: 1658
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1658.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Paved Road

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.28
  • Lot: 8
  • ZoningCode: RSF

Building Info

  • Year Built: 1950

Tax Info

  • Taxes (6 mo): 1361.00
  • FILLTAXID: 98-2-16

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2017
Closed on
Apr 20, 2018
Sold by
Cook Aaron B and Cook Beth A
Bought by
Simmons Vencent
Seller's Agent
Daniel Brown
EXECUTIVE REALTY INC
List Price
$173,500
Sold Price
$170,000
Premium/Discount to List
-$3,500
-2.02%
Current Estimated Value
$285,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,405
Avg. Annual Appreciation
7.01%
Original Mortgage
$173,655
Outstanding Balance
$150,162
Interest Rate
4.4%
Mortgage Type
VA
Estimated Equity
$128,291

Purchase Details

Closed on
Feb 24, 2016
Sold by
Nickerson Gwendolyn J
Bought by
Cook Aaron B and Cook Beth A
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
Simmons Vencent $170,000 Fidelity Title Insurance Co
Cook Aaron B $59,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Vencent $30,000
Closed Simmons Vencent $15,000
Open Simmons Vencent $173,655
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $170,000 -2.0% $103 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
12/07/2017 12/07/17 For Sale $173,500 -- $105 / 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 $1,358 $230,200 $45,700 $184,500
2024 $1,271 $211,800 $44,200 $167,600
2023 $2,263 $188,600 $41,700 $146,900
2022 $2,068 $172,300 $36,800 $135,500
2021 $1,951 $162,600 $34,400 $128,200
2020 $1,880 $156,700 $34,400 $122,300
2019 $1,789 $149,100 $34,400 $114,700
2018 $1,538 $130,300 $32,900 $97,400
2017 $1,361 $115,300 $32,900 $82,400
2016 $1,110 $94,100 $32,900 $61,200
2015 $1,325 $112,300 $31,000 $81,300
2014 $1,325 $112,300 $31,000 $81,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 843528

Roanoke Valley Association of REALTORS®

APN: 98-2-16