$150,000
SOLD JUN 30, 2025

2402 Wood Gate Ln Salem, VA 24153

1 Bed
1 Bath
798 Sq Ft
$155/mo HOA Fee

Recently Sold

$188 Per Sq Ft

6% Below List Price

34 Days on Market

Highlights

  • Contemporary Architecture
  • Community Pool
  • Rear Porch
  • Salem High School Rated A-
  • Google Fiber
  • Walk-In Closet

About This Home

As of June 2025

With easy access and one-level living in Ridgewood Farm within walking distance to grocery store, pharmacy, hospital and restaurants, this cozy condo is move-in ready. Owner has replaced all floors, step-in shower, toilet, stack washer/dryer and refrigerator. The private patio is a perfect space to relax. The upcoming assessment for exterior painting is paid in full and the utility bill is very low: the current budget plan is $75/mo. HOA takes care of all exterior maintenance, landscaping, water and trash service. There is a separate private storage cage and the community pool is steps away.

Last Agent to Sell the Property

Liz Bowles

WAINWRIGHT & CO., REALTORS(r) License #0225199890 Listed on: 04/22/2025

WAINWRIGHT & CO.,  REALTORS(r)

Last Buyer's Agent

Todd Wampler

CENTURY 21 WAMPLER REALTY License #0225039473

CENTURY 21 WAMPLER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,480

Year Built

  • Built in 1984

HOA Fees

  • $155 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 798 Sq Ft Home
  • Drapes & Rods
  • Sliding Doors
  • Living Room with Fireplace
  • Storage

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • Assigned Parking

Outdoor Features

  • Patio
  • Rear Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot UNIT 2402

Community Details

Overview

  • Gibson & Assoc Association
  • Ridgewood Farm Subdivision

Amenities

  • Google Fiber

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,480

Year Built

Built in 1984

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Interior Features: All Drapes, Storage, Walk-in-Closet
  • Heating System: Forced Air Electric, Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Condominium
  • Has Basement: Slab
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Patio
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • CondoAssocYN: Yes
  • EntryAboveGrdFin Sq Ft: 798.00
  • ExteriorDoors: Metal, Sliding
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 798
  • Internet Access: Cable, Fiber
  • InternetAccessCurntInternetProv: Comcast/Xfinity
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Phone Email: 540-683-2437
  • P O A Condo Contact Name: Gibson & Assoc
  • POACondoDues: 155.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2025-05-26
  • Residential Type: Attached
  • Style Of House: Contemporary
  • Total Above Grd Fin S Q F T: 798
  • TotalBdrm: 1
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 798.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Designated Spaces
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior, Underground Util

Schools

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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Lot: UNIT 2402
  • Phase: 5

Building Info

  • Year Built: 1984

Tax Info

  • Taxes (6 mo): 1479.60
  • FILLTAXID: 285-9-1-2402

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
Apr 22, 2025
Closed on
Jun 20, 2025
Sold by
Thompson Violet B and Poff Danna M
Bought by
M Moore Properties Llc
Seller's Agent
Liz Bowles
WAINWRIGHT & CO., REALTORS(r)
Buyer's Agent
Todd Wampler
CENTURY 21 WAMPLER REALTY
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.94%

Purchase Details

Closed on
Jun 29, 2020
Sold by
Thomas Robert L and Thomas Jean D
Bought by
Thompson Violet B and Poff Danna M
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 Type Sale Price Title Company
Deed $150,000 Fidelity National Title
Deed $75,000 Homestead Settlement Svcs
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $150,000 -5.7% $188 / Sq Ft
05/26/2025 05/26/25 Pending -- -- --
05/09/2025 05/09/25 For Sale $159,000 0.0% $199 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
05/03/2025 05/03/25 Price Changed $159,000 -8.1% $199 / Sq Ft
04/22/2025 04/22/25 For Sale $173,000 -- $217 / 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 $664 $110,600 $25,000 $85,600
2023 $1,140 $95,000 $0 $95,000
2022 $1,021 $85,100 $0 $85,100
2021 $959 $79,900 $0 $79,900
2020 $956 $79,700 $0 $79,700
2019 $956 $79,700 $0 $79,700
2018 $940 $79,700 $0 $79,700
2017 $940 $79,700 $0 $79,700
2016 $940 $79,700 $0 $79,700
2015 $942 $79,800 $12,500 $67,300
2014 $942 $79,800 $12,500 $67,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 916480

Roanoke Valley Association of REALTORS®

APN: 285-9-1-2402