NOT LISTED FOR SALE

225 W Main St Unit 4 Salem, VA 24153

Estimated Value: $204,000 - $242,000

2 Beds
1.5 Baths
1,250 Sq Ft
$178/Sq Ft Est. Value

Last Sold December 13, 2013

Last sale price $92,000 $74 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,341/month

126 Days on Market

Highlights

  • Skylights
  • Walk-In Closet
  • Storage
  • Salem High School Rated A-
  • Patio
  • Public Transportation

About This Home

As of December 2013

Langhorne Condominium-Ideal investment for student housing/residence within walking distance to Roanoke College. Shows Great! New carpet in living room, steps and upstairs hall, and interior has been freshly painted. Features sunroom with skylight, brick patio, large storage room and master bedroom has walk-in closet.

Last Agent to Sell the Property

Doris Smith

BARKER REALTY CO License #0225160822 Listed on: 07/18/2013

Last Buyer's Agent

Doris Smith

BARKER REALTY CO License #0225160822 Listed on: 07/18/2013

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,309

Year Built

  • Built in 1983

Lot Details

  • 0.49 Acre Lot
  • Level Lot

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,250 Sq Ft Home
  • Skylights
  • Storage

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Parking

  • 2 Open Parking Spaces
  • Assigned Parking

Schools

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

Additional Features

  • Patio
  • Heat Pump System

Community Details

Overview

  • Langhorn Condos Subdivision

Amenities

  • Restaurant
  • Public Transportation

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,309

Year Built

Built in 1983

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Interior Features: Skylight, Storage, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Condominium
  • Has Basement: Slab
  • Major Appliances: Dishwasher, Disposer, Range Electric
  • Cooling System: Heat Pump Electric
  • Outside Features: Patio
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBRUpperLevel: 2
  • EntryAboveGrdFin Sq Ft: 625.00
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 1250
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryUpperLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • POACondoDues: 75.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2013-11-21
  • Residential Type: Attached
  • Total Above Grd Fin S Q F T: 1250
  • TotalBdrm: 2
  • TotalBths: 1.10
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1250.00
  • TotalHBaths: 1
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Designated Spaces
  • UpperAboveGrdFin Sq Ft: 625.00
  • Water Class: N/A
  • YardSign: Yes
  • 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: 0.49

Building Info

  • Year Built: 1983

Tax Info

  • Taxes (6 mo): 1309.00
  • FILLTAXID: 122-1-14-225

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
Jul 18, 2013
Closed on
Nov 27, 2013
Sold by
Overton Freda T
Bought by
Wt Investments Llc
Seller's Agent
Doris Smith
BARKER REALTY CO
Buyer's Agent
Doris Smith
BARKER REALTY CO
List Price
$108,000
Sold Price
$92,000
Premium/Discount to List
-$16,000
-14.81%
Current Estimated Value
$222,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,520
Avg. Annual Appreciation
7.77%
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
Wt Investments Llc $92,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2013 12/13/13 Sold $92,000 -14.8% $74 / Sq Ft
11/21/2013 11/21/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $108,000 -- $86 / 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 $1,026 $173,900 $30,000 $143,900
2024 $1,009 $168,200 $25,000 $143,200
2023 $1,708 $142,300 $0 $142,300
2022 $1,484 $123,700 $0 $123,700
2021 $1,342 $111,800 $0 $111,800
2020 $1,303 $108,600 $0 $108,600
2019 $1,281 $108,600 $0 $108,600
2018 $1,281 $108,600 $0 $108,600
2017 $1,281 $108,600 $0 $108,600
2016 $1,281 $108,600 $0 $108,600
2015 $726 $110,900 $17,500 $93,400
2014 $726 $110,900 $17,500 $93,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 795105

Roanoke Valley Association of REALTORS®

APN: 122-1-1-225