NOT LISTED FOR SALE

2259 Franklin St Unit 2261 Salem, VA 24153

Estimated Value: $291,161 - $364,000

4 Beds
2 Baths
1,923 Sq Ft
$162/Sq Ft Est. Value

Last Sold July 19, 2016

Last sale price $103,000 $54 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $1,758/month

3 Days on Market

Highlights

  • 0.63 Acre Lot
  • Ranch Style House
  • Covered Patio or Porch
  • Salem High School Rated A-
  • No HOA
  • 4-minute walk to Mowles Spring Park

About This Home

As of July 2016

2 Home Sites! 2259 Franklin and 2261 Franklin; Brick Ranch featuring 1923 Sq Feet on First Floor; Living Room, Dining Room, Eat-in-Kitchen, 4 Bedrooms, Bath, 2nd bath in basement Sun Porch, floored Attic & Full Basement; Garage Apartment offers 642 Sq Ft; enclosed back Porch, Eat-in-Kitchen, Bedroom, Living Room, Full BA, & 2 Car under Garage. Situated on .63 acres.Garage apt has Gas Heat & Central Air-Electric Water Heater. Roof installed approx. 2010

Last Agent to Sell the Property

Cheryl Ham

MKB, REALTORS(r) License #0225002093 Listed on: 06/27/2016

MKB, REALTORS(r)

Co-Listed By

Troy Ham

MKB, REALTORS(r) License #0225091820

Last Buyer's Agent

Jack Frye

YOUNG REALTY COMPANY License #0225107868

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,760

Year Built

  • Built in 1949

Lot Details

  • 0.63 Acre Lot
  • Fenced Yard
  • Gentle Sloping Lot
  • Garden

Parking

  • 4 Open Parking Spaces

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,923 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Circle Terrace Subdivision

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,760

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Heating System: Forced Air Oil
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Cooling System: No Cooling System
  • Outside Features: Covered Porch, Fenced Yard, Garden Space
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 4
  • EntryAboveGrdFin Sq Ft: 1923.00
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 3257
  • Internet Access: Cable
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2016-06-30
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1923
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1923.00
  • TotalUnfin Sq Ft: 1334.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Other
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 1334.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV

Schools

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

Lot Info

  • Lot Description: Gentle Slope
  • Lot Dimensions: .63
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.63

Building Info

  • Year Built: 1949

Tax Info

  • Taxes (6 mo): 1760.00
  • FILLTAXID: 244-2-20

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
Jun 27, 2016
Closed on
Jul 11, 2016
Sold by
Byrd Susan K and Byrd Mickey A
Bought by
Migliarese Timothy and Migliarese Kristine
Seller's Agent
Cheryl Ham
MKB, REALTORS(r)
Buyer's Agent
Jack Frye
YOUNG REALTY COMPANY
List Price
$129,950
Sold Price
$103,000
Premium/Discount to List
-$26,950
-20.74%
Current Estimated Value
$310,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,790
Avg. Annual Appreciation
12.14%
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
Migliarese Timothy $149,500 First Choice Title & Settlem
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2016 07/19/16 Sold $103,000 -20.7% $54 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
06/27/2016 06/27/16 For Sale $129,950 -- $68 / 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 $1,402 $237,600 $47,300 $190,300
2024 $1,328 $221,400 $45,500 $175,900
2023 $2,393 $199,400 $43,700 $155,700
2022 $2,251 $187,600 $38,800 $148,800
2021 $2,160 $180,000 $37,000 $143,000
2020 $2,134 $177,800 $37,000 $140,800
2019 $2,010 $167,500 $37,000 $130,500
2018 $1,910 $161,900 $35,200 $126,700
2017 $1,894 $160,500 $35,200 $125,300
2016 $1,761 $149,200 $35,200 $114,000
2015 $1,694 $143,600 $36,300 $107,300
2014 $1,694 $143,600 $36,300 $107,300
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Ham

    Seller's Agent in 2016

    Cheryl Ham

    MKB, REALTORS(r)

    (540) 353-4262

    4 in this area

    138 Total Sales

    Cheryl Ham
    Section Image
  • Troy Ham

    Seller Co-Listing Agent in 2016

    Troy Ham

    MKB, REALTORS(r)

    (540) 537-0773

    3 in this area

    91 Total Sales

    Troy Ham
    Section Image
  • Jack Frye

    Buyer's Agent in 2016

    Jack Frye

    YOUNG REALTY COMPANY

    (540) 580-7484

    42 in this area

    115 Total Sales

    Jack Frye
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 827919

Roanoke Valley Association of REALTORS®

APN: 244-2-20

Virginia Salem City County Salem 24153

2259 Franklin St Unit 2261, Salem, VA

This home is located at 2259 Franklin St Unit 2261, Salem, VA 24153 since 27 June 2016 and is currently estimated at $310,790, approximately $161 per square foot. This property was built in 1949. 2259 Franklin St Unit 2261 is a home located in Salem City with nearby schools including South Salem Elementary School, Andrew Lewis Middle School, and Salem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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