NOT LISTED FOR SALE

218 Elm St Salem, VA 24153

Estimated Value: $148,000 - $205,000

3 Beds
1 Bath
1,144 Sq Ft
$162/Sq Ft Est. Value

Last Sold May 12, 2020

Last sale price $70,350 $61 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $1,046/month

476 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Level Lot
  • Salem High School Rated A-

About This Home

As of May 2020

Opportunity in the heart of Salem! Complete one-level living at an affordable price. The HVAC and duct work are relatively new, but the home needs updating. The property is being sold to comply with Medicaid requirements; it is priced at and must sell for no less than tax assessed value. Home sold strictly ''as is'' with the seller to make no repairs or improvements to the property. Buyer should verify all information and will be responsible for any and all inspections. Utilities and alarm are turned off.

Last Agent to Sell the Property

Brian & Rachelle Smith

RE/MAX ALL POINTS License #0225058049 Listed on: 12/17/2018

RE/MAX ALL POINTS

Last Buyer's Agent

Brian & Rachelle Smith

RE/MAX ALL POINTS License #0225058049 Listed on: 12/17/2018

RE/MAX ALL POINTS

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,126

Year Built

  • Built in 1980

Lot Details

  • 0.34 Acre Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House

Interior Spaces

  • 1,144 Sq Ft Home
  • Crawl Space
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Heat Pump System

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,126

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Dishwasher, Range Electric
  • Cooling System: Heat Pump Electric
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1144.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1144
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2020-04-06
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Elm Street
  • Total Above Grd Fin S Q F T: 1144
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1144.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

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: 0.34
  • ZoningCode: RSF

Building Info

  • Year Built: 1980

Tax Info

  • Taxes (6 mo): 1126.00
  • FILLTAXID: 143-5-3

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 17, 2018
Closed on
May 11, 2020
Sold by
Kelley Ronald L
Bought by
Mizack Jay Jeffrey and Mizack Jennifer Wiberger
Seller's Agent
Brian & Rachelle Smith
RE/MAX ALL POINTS
Buyer's Agent
Brian & Rachelle Smith
RE/MAX ALL POINTS
List Price
$93,800
Sold Price
$70,350
Premium/Discount to List
-$23,450
-25%
Current Estimated Value
$185,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,791
Avg. Annual Appreciation
17.26%
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
Mizack Jay Jeffrey $70,950 Homestead Settlement Svcs
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2020 05/12/20 Sold $70,350 -25.0% $61 / Sq Ft
04/06/2020 04/06/20 Pending -- -- --
12/17/2018 12/17/18 For Sale $93,800 -- $82 / 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 $767 $130,000 $44,500 $85,500
2024 $752 $125,300 $43,200 $82,100
2023 $1,333 $111,100 $40,200 $70,900
2022 $1,192 $99,300 $33,400 $65,900
2021 $1,145 $95,400 $31,500 $63,900
2020 $1,126 $93,800 $31,500 $62,300
2019 $1,171 $97,600 $31,500 $66,100
2018 $1,081 $91,600 $31,500 $60,100
2017 $1,070 $90,700 $31,500 $59,200
2016 $523 $90,700 $31,500 $59,200
2015 $523 $86,700 $25,500 $61,200
2014 $523 $86,700 $25,500 $61,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 854650

Roanoke Valley Association of REALTORS®

APN: 143-5-3