$72,000
SOLD DEC 20, 2023

221 Northern Trail Salem, VA 24153

1.29 Acres
$55,814 Price per Acre
56,192 Sq Ft Lot

Recently Sold

6% Below List Price

3 Days on Market

Highlights

  • Mountain View
  • Salem High School Rated A-
  • Level Lot

About This Lot

As of December 2023

Rare opportunity to buy this 1.2 Acre lot in the City of Salem ready for your builder to start. Mountain views and beautiful neighboring homes valued from $600K to over $1 million. Salem underground public utilities, paved public street, Salem schools, easy access to downtown, Roanoke College, and I-81. Flexible building specifications allow for minimum of 3,200 square foot two-story home, or minimum of 2,500 square foot of one-story home. HOA dues only $100 per YEAR! Don't miss this one!

Last Agent to Sell the Property

Patrick Wilkinson

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225040887 Listed on: 12/07/2023

Last Buyer's Agent

Mitch Jearls

MKB, REALTORS(r) License #0225216090

MKB, REALTORS(r)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $868

Lot Details

  • 1.29 Acre Lot
  • Level Lot

HOA Fees

  • $8 Monthly HOA Fees

Schools

  • G. W. Carver Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Additional Features

  • Mountain Views
  • Underground Utilities

Community Details

  • Massey Association

Listing and Financial Details

  • Tax Lot 6

Property Details

Property Type

Land

Est. Annual Taxes

$868

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Type: Land
  • Views: Mountain
  • CondoAssocYN: No
  • ElectricDescription: Below Ground
  • Land Sub Type: Residential - Single Family
  • Major Area: 03 - City of Salem
  • Phone Email: 540-793-1972
  • P O A Condo Contact Name: Massey
  • POATerms: Annual
  • Hoa2 Or Poa: Yes
  • RatifiedContractDt: 2023-12-10
  • SubdivisionMap: Rivendell
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Association/Amenities

  • Misc Features: Underground Util

Schools

  • Elementary School: G. W. Carver
  • Middle School: Andrew Lewis
  • High School: Salem High

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Level, Varied
  • Total Acreage: 1.29
  • Lot: 6
  • Land Type: Lot

Tax Info

  • Taxes (6 mo): 868.00
  • FILLTAXID: 10-1-1.6

MLS Schools

  • Elementary School: G. W. Carver
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Jun 28, 2022
Sold by
Massgood Llc
Bought by
Farmer James C and Farmer Dreamer J
Seller's Agent
Jenn Fountain
NEST REALTY ROANOKE
Buyer's Agent
Patrick Wilkinson
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$79,500
Sold Price
$75,000
Premium/Discount to List
-$4,500
-5.66%
Current Estimated Value
$136,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,330
Avg. Annual Appreciation
19.92%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $75,000 Clay Spigle Massey
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $28,000 Unknown
Previous Owner $50,000 Unknown
Previous Owner $39,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $72,000 -6.5% --
12/10/2023 12/10/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $77,000 +2.7% --
06/30/2022 06/30/22 Sold $75,000 -5.7% --
04/12/2022 04/12/22 Pending -- -- --
04/29/2019 04/29/19 For Sale $79,500 -- --
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 $446 $74,400 $74,400 $0
2023 $860 $71,700 $71,700 $0
2022 $784 $65,300 $65,300 $0
2021 $752 $62,700 $62,700 $0
2020 $752 $62,700 $62,700 $0
2019 $684 $57,000 $57,000 $0
2018 $673 $57,000 $57,000 $0
2017 $673 $57,000 $57,000 $0
2016 $673 $57,000 $57,000 $0
2015 $680 $57,600 $57,600 $0
2014 $680 $57,600 $57,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 903669

Roanoke Valley Association of REALTORS®

APN: 10-1-1.6