NOT LISTED FOR SALE

2445 Post Oak Rd Salem, VA 24153

Salem Area

Estimated Value: $189,000 - $201,640

1 Bed
1 Bath
1,000 Sq Ft
0.56 Acre Lot

Sale Details

Date Sold: July 17, 2020

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

Est. 76% increase in value since last sale

Current estimated payment $1,400 / mo

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

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

0.56 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 15, 2020
Sold by
Bought by
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
$196,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,816
Avg. Annual Appreciation
9.65%
Original Mortgage
$109,971
Outstanding Balance
$95,536
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$101,125
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Salem, VA

  • Stephanie Varney Real Estate Agent - VARNEY REALTY PARTNERS

    Stephanie Varney

    VARNEY REALTY PARTNERS

    (540) 613-5683

    52 Total Sales

    3 in Salem

    $46K - $230K Price Range

    Stephanie Varney
     Section Image
  • Tim Thompson Real Estate Agent - MKB, Roanoke

    Tim Thompson

    Responds Quickly

    MKB, Roanoke

    (540) 900-3294

    124 Total Sales

    9 in Salem

    $163K - $503K Price Range

    Tim Thompson
     Section Image
  • Brenda Bratt Real Estate Agent - WAINWRIGHT & CO., REALTORS®- LAKE

    Brenda Bratt

    WAINWRIGHT & CO., REALTORS®- LAKE

    (540) 590-5011

    163 Total Sales

    3 in Salem

    $220K - $495K Price Range

    Brenda Bratt
     Section Image
  • Tammy Shepherd Real Estate Agent - SHEPHERD REALTY GROUP

    Tammy Shepherd

    SHEPHERD REALTY GROUP

    (540) 666-6265

    260 Total Sales

    10 in Salem

    $150K - $572K Price Range

    Tammy Shepherd
     Section Image
  • Lisa Martin Real Estate Agent - LISA & CO., REALTORS®

    Lisa Martin

    LISA & CO., REALTORS®

    (540) 592-4413

    65 Total Sales

    2 in Salem

    $206K - $237K Price Range

    Lisa Martin
     Section Image

  • GA

    Greg Alexander

    KW SALEM PROFESSIONALS

    (540) 240-9568

    63 Total Sales

    6 in Salem

    $222K - $495K Price Range

    Greg Alexander
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$112,000 Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,817 $156,600 $35,000 $121,600
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 Real Estate Agent - YOUNG REALTY COMPANY

    Seller's Agent in 2020

    Jack Frye

    YOUNG REALTY COMPANY

    (540) 580-7484

    103 Total Sales

    Jack Frye
    Section Image

  • CB

    Buyer's Agent in 2020

    Charisse Brewer

    YOUNG REALTY COMPANY

    (540) 797-5386

    48 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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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