NOT LISTED FOR SALE

2308 Wood Gate Ln Salem, VA 24153

Estimated Value: $194,000 - $208,000

2 Beds
2 Baths
1,075 Sq Ft
$198/mo HOA Fee

Last Sold March 03, 2023

Last sale price $172,500 $160 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,367/month

2 Days on Market

Highlights

  • Walk-In Closet
  • Salem High School Rated A-
  • Patio

About This Home

As of March 2023

Don't miss this entry level move-in ready condo unit. This unit has everything you need, living room with wood burning fireplace, dining area, kitchen, stackable washer/dryer, primary suite with walk-in closet and full bath with tub, 2nd bedroom, 2nd full bath with tub. Parking located right out in front of the unit. Private patio off the kitchen and living room. Community pool right across the street.

Last Agent to Sell the Property

Callie Dalton

LONG & FOSTER - OAK GROVE License #0225078001 Listed on: 01/30/2023

LONG & FOSTER - OAK GROVE

Last Buyer's Agent

William Jones

THE GOOD SIGN REAL ESTATE CO. License #0225230524

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,337

Year Built

  • Built in 1983

Lot Details

  • 0.59

HOA Fees

  • $198 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 1,075 Sq Ft Home
  • Living Room with Fireplace

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Gibson & Associates Association
  • Ridgewood Farm Subdivision

Listing and Financial Details

  • Tax Lot UNIT 2308

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,337

Year Built

Built in 1983

Lot Details

0

HOA Fees

$198 per month

Listing Details

  • Interior Features: Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Condominium
  • Has Basement: Slab
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Range Electric, Range Hood, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Patio
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: Yes
  • EntryAboveGrdFin Sq Ft: 1075.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1075
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: COX
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Phone Email: 540-206-3721 / tbeamer@gibsonhoawork.com
  • P O A Condo Contact Name: Gibson & Associates
  • POACondoDues: 197.72
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2023-02-01
  • Residential Type: Attached
  • Total Above Grd Fin S Q F T: 1075
  • TotalBdrm: 2
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1075.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

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

Association/Amenities

  • Misc Features: Paved Road

Schools

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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Lot: UNIT 2308
  • Phase: 3

Building Info

  • Year Built: 1983

Tax Info

  • Taxes (6 mo): 1336.80
  • FILLTAXID: 285-6-1-2308

MLS Schools

  • Elementary School: East Salem
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Feb 21, 2023
Sold by
Kunc Dianne E
Bought by
Hall Jon Scott and Hall Gretchen Marie
Seller's Agent
Callie Dalton
LONG & FOSTER - OAK GROVE
Buyer's Agent
William Jones
THE GOOD SIGN REAL ESTATE CO.
List Price
$165,000
Sold Price
$172,500
Premium/Discount to List
$7,500
4.55%
Current Estimated Value
$202,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,743
Avg. Annual Appreciation
6.71%
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
Hall Jon Scott $172,500 Old Republic National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $172,500 +4.5% $160 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $165,000 -- $153 / 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
2024 $803 $133,800 $25,000 $108,800
2023 $1,512 $126,000 $0 $126,000
2022 $1,337 $111,400 $0 $111,400
2021 $1,235 $102,900 $0 $102,900
2020 $1,226 $102,200 $0 $102,200
2019 $1,226 $102,200 $0 $102,200
2018 $1,206 $102,200 $0 $102,200
2017 $1,206 $102,200 $0 $102,200
2016 $1,206 $102,200 $0 $102,200
2015 $1,240 $105,100 $15,000 $90,100
2014 $1,240 $105,100 $15,000 $90,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 895640

Roanoke Valley Association of REALTORS®

APN: 285-6-1-2308