NOT LISTED FOR SALE

2445 Post Oak Rd Salem, VA 24153

Estimated Value: $175,661 - $187,000

1 Bed
1 Bath
1,000 Sq Ft
$169/mo HOA Fee

Last Sold July 17, 2020

Last sale price $112,000 $112 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,192/month

1 Day on Market

Highlights

  • Community Pool
  • Patio
  • Sliding Doors
  • Walk-In Closet
  • Restaurant
  • Garden

About This Home

As of July 2020

You will love living in this beautiful condo in Salem's Ridgewood Farm Community. This ground floor end unit on a cul-de-sac is conveniently located to shopping, restaurants, Lewis-Gale Medical Center and much more. It features an open concept living/dining room with a fireplace, fully equipped kitchen with a range, microwave, refrigerator, dishwasher & disposal. The spacious bedroom can accommodate a king bed and features a built-in vanity with mirror and walk-in closet. Bonus room with a closet can serve as an office, storage or 2nd bedroom. HOA dues cover water, sewer, trash collection, exterior maintenance and access to pool.

Last Agent to Sell the Property

Jack Frye

YOUNG REALTY COMPANY License #0225107868 Listed on: 06/12/2020

Last Buyer's Agent

Charisse Brewer

YOUNG REALTY COMPANY License #0225234388

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,143

Year Built

  • Built in 1984

Lot Details

  • 0.56

HOA Fees

  • $169 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • Sliding Doors
  • Living Room with Fireplace

Kitchen

  • Electric Range
  • 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

Schools

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

Utilities

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

Additional Features

  • Patio
  • Garden

Community Details

Overview

  • Gibson & Assoc. Association
  • Ridgewood Farm Subdivision

Amenities

  • Restaurant

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,143

Year Built

Built in 1984

Lot Details

0

HOA Fees

$169 per month

Listing Details

  • Interior Features: Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: A
  • Property Subtype 1: Condominium
  • Has Basement: Slab
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Garden Space, Patio
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 1000.00
  • ExteriorDoors: Sliding
  • Fireplace Number Fireplaces: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Phone Email: 540-206-3721
  • P O A Condo Contact Name: Gibson & Assoc.
  • POACondoDues: 169.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • Residential Type: Attached
  • SubagentAuthorized: No
  • SubdivisionMap: Ridgewood Farm
  • Total Above Grd Fin S Q F T: 1000
  • TotalBdrm: 1
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1000.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Designated Spaces
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • 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: Cable TV

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Phase: 9

Building Info

  • Year Built: 1984

Tax Info

  • Taxes (6 mo): 1143.00

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
Jun 12, 2020
Closed on
Jul 15, 2020
Sold by
Parks R Derrell R and Parks Sharyn F
Bought by
Jordan Alvin M
Seller's Agent
Jack Frye
YOUNG REALTY COMPANY
Buyer's Agent
Charisse Brewer
YOUNG REALTY COMPANY
List Price
$112,000
Sold Price
$112,000
Current Estimated Value
$182,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,665
Avg. Annual Appreciation
9.35%
Original Mortgage
$109,971
Outstanding Balance
$97,515
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$85,150
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
Jordan Alvin M $112,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Alvin M $109,971
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $112,000 0.0% $112 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $112,000 -- $112 / 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 $832 $141,100 $30,000 $111,100
2024 $759 $126,500 $25,000 $101,500
2023 $1,409 $117,400 $0 $117,400
2022 $1,261 $105,100 $0 $105,100
2021 $1,165 $97,100 $0 $97,100
2020 $1,142 $95,200 $0 $95,200
2019 $1,142 $95,200 $0 $95,200
2018 $1,123 $95,200 $0 $95,200
2017 $1,123 $95,200 $0 $95,200
2016 $1,123 $95,200 $0 $95,200
2015 $1,122 $95,100 $14,000 $81,100
2014 $1,122 $95,100 $14,000 $81,100
Source: Public Records

Agents Affiliated with this Home

  • Jack Frye

    Seller's Agent in 2020

    Jack Frye

    YOUNG REALTY COMPANY

    (540) 580-7484

    40 in this area

    111 Total Sales

    Jack Frye
    Section Image

  • C

    Buyer's Agent in 2020

    Charisse Brewer

    YOUNG REALTY COMPANY

    (540) 797-5386

    3 in this area

    49 Total Sales

    Charisse Brewer
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 870313

Roanoke Valley Association of REALTORS®

APN: 284-2-1-2445

Virginia Salem City County Salem 24153

2445 Post Oak Rd, Salem, VA

Not Listed for Sale

Condos

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