NOT LISTED FOR SALE

2429 S Clearing Rd Salem, VA 24153

Estimated Value: $272,731 - $334,000

4 Beds
3.5 Baths
2,095 Sq Ft
$143/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $219,000 $105 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,027/month

3 Days on Market

Highlights

  • Deck
  • Covered patio or porch
  • Storage
  • Salem High School Rated A-
  • Walk-In Closet
  • French Doors

About This Home

As of September 2021

A beautiful townhome has a private courtyard with Trex decking for entertaining. Sellers added a covered front porch and the front doors were updated with new glass/blind inserts. Main level features a spacious living room with luxury vinyl plank flooring and new gas log insert. Also on the main level is a half bath, dining room, updated kitchen with quartz countertops, backsplash, ss appliances and new tile flooring. Off the kitchen are new sliding doors to the deck. The upper level has a spacious master suite with a large walk-in closet and private bath. Two additional bedrooms and a full bath are on the upper level. The lower level has a spacious storage/laundry room, pantry with barn doors, den, bedroom/office and a full bath. Additional updates are fresh paint, lighting, flooring.

Ginger Francis

LONG & FOSTER - ROANOKE OFFICE License #0225199674 Listed on: 07/25/2021

LONG & FOSTER - ROANOKE  OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,974

Year Built

  • Built in 1985

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

HOA Fees

  • $242 Monthly HOA Fees

Home Design

  • Property Attached

Interior Spaces

  • Ceiling Fan
  • Gas Log Fireplace
  • French Doors
  • Living Room with Fireplace
  • Storage
  • Basement Fills Entire Space Under The House
  • Storm Doors

Kitchen

  • Electric Range
  • Built-In Microwave
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • Assigned Parking

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 7

Community Details

Overview

  • Chrissy Greene, Hall Associates Association
  • Ridgewood Farm Subdivision

Amenities

  • Restaurant
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,974

Year Built

Built in 1985

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Interior Features: Ceiling Fan, Gas Log Fireplace, Storage, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Has Basement: Full Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Disposer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Paved Driveway
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBRLowerLevel: 1
  • BedroomsBRUpperLevel: 3
  • EntryAboveGrdFin Sq Ft: 730.00
  • ExteriorDoors: French, Insulated Storm
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 2225
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 600.00
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 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
  • RatifiedContractDt: 2021-07-28
  • Residential Type: Attached
  • SubdivisionMap: Ridgewood Farm
  • Total Above Grd Fin S Q F T: 1495
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2095.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 130.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Designated Spaces
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 130.00
  • UpperAboveGrdFin Sq Ft: 765.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Paved Road, Underground Util

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.07
  • Lot: 7

Building Info

  • Year Built: 1985

Tax Info

  • Taxes (6 mo): 1974.00
  • FILLTAXID: 285-11-7

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
Jul 25, 2021
Closed on
Sep 3, 2021
Sold by
Blankenship Avery L and Blankenship Tammy S
Bought by
Kollipara Venkateswara K and Namana Sravanthi
Buyer's Agent
Ginger Francis
LONG & FOSTER - ROANOKE OFFICE
List Price
$219,000
Sold Price
$219,000
Total Days on Market
3
Current Estimated Value
$298,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,933
Avg. Annual Appreciation
8.26%
Original Mortgage
$175,200
Outstanding Balance
$162,215
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$131,023

Purchase Details

Closed on
Dec 11, 2018
Sold by
Edmonds Angela Wood Porter and Porter Angela W
Bought by
Blankenship Avery L and Blankenship Tammy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2007
Sold by
Belcher William J and Belcher Catherine
Bought by
Porter Angela W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,950
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2005
Sold by
Belcher Catherine and Smith Catherine
Bought by
Belcher William J and Belcher Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
5.73%
Mortgage Type
Credit Line Revolving

Range of Values:

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Average Value
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List Price
Sold Price
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Similar Home in Salem, VA

  • 2421 S Clearing Rd, Salem, VA 24153

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    • 3 Beds
    • 3.5 Baths
    • 1,936 Sq Ft
    • 2421 S Clearing Rd
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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
Kollipara Venkateswara K $219,000 Accommodation
Blankenship Avery L $165,000 Fidelity National Title Insu
Porter Angela W $199,450 Lawyer Title
Belcher William J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kollipara Venkateswara K $175,200
Previous Owner Blankenship Avery L $75,000
Previous Owner Porter Angela W $204,100
Previous Owner Porter Angela W $199,950
Previous Owner Belcher Catherine $180,800
Previous Owner Belcher William J $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $219,000 0.0% $105 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/25/2021 07/25/21 For Sale $219,000 -- $105 / 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 $1,430 $238,400 $34,500 $203,900
2023 $2,646 $220,500 $31,600 $188,900
2022 $2,334 $194,500 $23,000 $171,500
2021 $2,004 $167,000 $20,100 $146,900
2020 $1,974 $164,500 $20,100 $144,400
2019 $1,939 $161,600 $20,100 $141,500
2018 $1,888 $160,000 $20,100 $139,900
2017 $1,888 $160,000 $20,100 $139,900
2016 $1,888 $160,000 $20,100 $139,900
2015 $1,922 $162,900 $13,000 $149,900
2014 $1,922 $162,900 $13,000 $149,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 882322

Roanoke Valley Association of REALTORS®

APN: 285-11-7