NOT LISTED FOR SALE

2205 12 Oclock Knob Rd Salem, VA 24153

Estimated Value: $227,000 - $247,000

2 Beds
1 Bath
1,352 Sq Ft
$175/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $164,000 $121 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,355/month

Highlights

  • 0.98 Acre Lot
  • No HOA
  • Storage
  • Salem High School Rated A-
  • Breakfast Area or Nook
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

Remodeled, maintenance free and ready to move in or great investment property. Feel of being in the country but near everything you need. Great schools too! Large lot and a garage make this a must see.Owner/Listing agent is a licensed real estate agent in the State of Virginia and has an ownership interest in the property.

Last Agent to Sell the Property

Ben Johnson

MOUNTAIN CITY REALTY & AUCTION LLC License #0225193178 Listed on: 05/01/2021

Last Buyer's Agent

Dot Fleshman

MKB, REALTORS(r) License #0225213037

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,385

Year Built

  • Built in 1950

Lot Details

  • 0.98 Acre Lot
  • Level Lot
  • Cleared Lot

Interior Spaces

  • 1,352 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Storage
  • Laundry on main level
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Open Parking Spaces
  • 1 Parking Space
  • Off-Street Parking

Schools

  • South 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

Listing and Financial Details

  • Tax Lot 0.98

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,385

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Ceiling Fan, Storage
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric
  • Cooling System: Central Cooling
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBRUpperLevel: 2
  • EntryAboveGrdFin Sq Ft: 692.00
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 1352
  • Internet Access: Cable
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2021-05-01
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 1352
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1352.00
  • UncoveredNumberSpaces: 3.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 660.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior

Schools

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

Lot Info

  • Lot Description: Cleared, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.98
  • Lot: 0.98

Building Info

  • Year Built: 1950

Tax Info

  • Taxes (6 mo): 1385.00
  • FILLTAXID: 214-1-1

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
May 1, 2021
Closed on
May 7, 2021
Sold by
Hpp Holdings Llc
Bought by
Phillips Mundi D
Seller's Agent
Ben Johnson
MOUNTAIN CITY REALTY & AUCTION LLC
Buyer's Agent
Dot Fleshman
MKB, REALTORS(r)
List Price
$159,000
Sold Price
$164,000
Premium/Discount to List
$5,000
3.14%
Current Estimated Value
$237,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,207
Avg. Annual Appreciation
8.51%
Original Mortgage
$152,000
Outstanding Balance
$137,617
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$95,789

Purchase Details

Closed on
Jun 18, 2019
Sold by
Darnall Lisa M and Darnall Kelly
Bought by
Hpp Holdings Llc
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
Phillips Mundi D $165,000 Acquisition Ttl & Setmnt Agc
Hpp Holdings Llc $70,000 American Title & Setmnt Agcy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Mundi D $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2021 06/08/21 Sold $164,000 +3.1% $121 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $159,000 -- $118 / 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 $1,158 $196,200 $58,300 $137,900
2024 $1,040 $173,300 $48,900 $124,400
2023 $1,872 $156,000 $45,600 $110,400
2022 $1,709 $142,400 $39,100 $103,300
2021 $1,512 $126,000 $35,200 $90,800
2020 $1,465 $122,100 $35,200 $86,900
2019 $1,422 $118,500 $35,200 $83,300
2018 $1,385 $117,400 $35,200 $82,200
2017 $1,372 $116,300 $35,200 $81,100
2016 $1,375 $116,500 $35,200 $81,300
2015 $1,309 $110,900 $37,500 $73,400
2014 $1,309 $110,900 $37,500 $73,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 879401

Roanoke Valley Association of REALTORS®

APN: 214-1-1