NOT LISTED FOR SALE

2405 S Clearing Rd Salem, VA 24153

Estimated Value: $262,513 - $297,000

3 Beds
3 Baths
2,366 Sq Ft
$119/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $200,000 $85 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,821/month

2 Days on Market

Highlights

  • Breakfast Area or Nook
  • Central Air
  • Level Lot
  • Storage

About This Home

As of November 2021

Welcome to Ridgewood Farm, this home has been well maintained and is perfect for one level living. Hardwood floors cover much of the entry level, eat in kitchen, large living space and one laundry room on each level. Entry level master bedroom and bath. Enjoy the balcony off of the living room which is perfect for a grill or relaxing. Moving downstairs you'll find an additional master bedroom and bath, storage space, potential office space, living room and kitchenette perfect for an in-law suite. Lower level has access to the patio underneath the upstairs balcony. Storage racks and workbench convey with the house.

Last Agent to Sell the Property

Austin Lovell

KELLER WILLIAMS REALTY ROANOKE License #0225234077 Listed on: 09/28/2021

KELLER WILLIAMS REALTY ROANOKE

Last Buyer's Agent

Tommy Nash

KELLER WILLIAMS REALTY ROANOKE License #0225253624

KELLER WILLIAMS REALTY ROANOKE

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,776

Year Built

  • Built in 1986

Lot Details

  • 4,487

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • Off-Street Parking

Interior Spaces

  • Insulated Doors
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Chrissy Greene, Hall Associates Association
  • Ridgewood Farm Subdivision

Listing and Financial Details

  • Tax Lot 19

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,776

Year Built

Built in 1986

Lot Details

4,487 Sq Ft Lot

HOA Fees

$242 per month

Listing Details

  • Interior Features: Breakfast Area, Storage
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Townhouse
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Paved Driveway
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1183.00
  • ExteriorDoors: Insulated
  • FullBathsFullBathsLowerLvl: 1
  • LaundryLaundryEntryLevel: 1
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 1183.00
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRLowerLvl: 1
  • Phone Email: 540-314-2952
  • P O A Condo Contact Name: Chrissy Greene, Hall Associates
  • POACondoDues: 242.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • Residential Type: Attached
  • Total Above Grd Fin S Q F T: 1183
  • TotalBdrm: 3
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2366.00
  • TotalUnfin Sq Ft: 150.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 150.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Lot: 19

Building Info

  • Year Built: 1986

Tax Info

  • Taxes (6 mo): 1776.00

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
Sep 28, 2021
Closed on
Nov 3, 2021
Sold by
Anderson Desimone & Green Pc
Bought by
Arciola Teresa
Seller's Agent
Austin Lovell
KELLER WILLIAMS REALTY ROANOKE
Buyer's Agent
Tommy Nash
KELLER WILLIAMS REALTY ROANOKE
List Price
$199,950
Sold Price
$200,000
Premium/Discount to List
$50
0.03%
Current Estimated Value
$280,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,878
Avg. Annual Appreciation
8.12%
Original Mortgage
$110,000
Outstanding Balance
$100,641
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$180,237
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arciola Teresa $200,000 Century Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arciola Teresa $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2021 11/05/21 Sold $200,000 0.0% $85 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $199,950 -- $85 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $1,413 $239,500 $37,400 $202,100
2024 $1,351 $225,100 $34,400 $190,700
2023 $2,450 $204,200 $31,500 $172,700
2022 $2,082 $173,500 $23,000 $150,500
2021 $1,955 $162,900 $20,100 $142,800
2020 $1,924 $160,300 $20,100 $140,200
2019 $1,903 $158,600 $20,100 $138,500
2018 $1,856 $157,300 $20,100 $137,200
2017 $1,856 $157,300 $20,100 $137,200
2016 $1,273 $157,300 $20,100 $137,200
2015 $1,273 $157,400 $17,000 $140,400
2014 $1,273 $157,400 $17,000 $140,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Austin Lovell

    KELLER WILLIAMS REALTY ROANOKE

    (540) 493-4801

    4 in this area

    62 Total Sales

    Austin Lovell
    Section Image

  • T

    Buyer's Agent in 2021

    Tommy Nash

    KELLER WILLIAMS REALTY ROANOKE

    (540) 204-1438

    3 in this area

    37 Total Sales

    Tommy Nash
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 884108

Roanoke Valley Association of REALTORS®

APN: 285-11-19

Virginia Salem City County Salem 24153

2405 S Clearing Rd, Salem, VA

Not Listed for Sale

Townhouses

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