NOT LISTED FOR SALE

2452 Lost Hollow Rd Salem, VA 24153

Estimated Value: $193,000 - $256,876

5 Beds
2 Baths
2,154 Sq Ft
$100/Sq Ft Est. Value

Last Sold February 07, 2025

Last sale price $180,000 $84 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,256/month

74 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • Front Porch
  • Mason's Cove Elementary School Rated A-
  • No HOA
  • Restaurant

About This Home

As of February 2025

***Investor Special*** 13+ Acres with 3 Homes on Property, with room to build more! The Homes on the Property were Built in1935 and used for Housing of the Railroad Employees. Main Home offers 5 Bedrooms with 2 Full Baths, Second Home offers 3 Bedrooms & 1 Full Bath, and the 3rd Home is the Old Bunk House. The Property has 96' of Road Frontage on 311, and is currently accessed on Lost Hollow Rd. There is another lot on the other side of 311 that offers Creek Frontage. The Property is in Need of Repairs, so will require a CASH Sale or Hard Money Financing. Traditional Financing will not work. This is a Great opportunity to own a multi-family property close to town, and feel like your miles away from everyone. Come see today!

Last Agent to Sell the Property

Adam Stephenson

RE/MAX ALL STARS License #0225242154 Listed on: 10/24/2024

RE/MAX ALL STARS

Co-Listed By

Brandi Stephenson

RE/MAX ALL STARS License #0225269814

Last Buyer's Agent

Laura Griffith

WAINWRIGHT & CO., REALTORS(r) License #0225267138

WAINWRIGHT & CO., REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,412

Year Built

  • Built in 1935

Lot Details

  • 13.23 Acre Lot
  • Wooded Lot
  • Property is zoned AG1

Interior Spaces

  • 2,154 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Mountain Views
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

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

Outdoor Features

  • Shed
  • Front Porch

Schools

  • Masons Cove Elementary School
  • Glenvar Middle School
  • Glenvar High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

Recreation

  • Trails

Additional Features

  • No Home Owners Association
  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,412

Year Built

Built in 1935

Lot Details

13.23 Acres

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Baseboard Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: None
  • Cooling System: No Cooling System
  • Outside Features: Storage Shed
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1644.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Comcast
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 2154
  • TotalBdrm: 5
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2154.00
  • TotalUnfin Sq Ft: 550.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 550.00
  • UpperAboveGrdFin Sq Ft: 510.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV

Lot Info

  • Lot Description: Varied, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 13.23
  • ZoningCode: AG1

Building Info

  • Year Built: 1935

Tax Info

  • Taxes (6 mo): 2411.76

MLS Schools

  • Elementary School: Masons Cove
  • HighSchool: Glenvar
  • Middle School: Glenvar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Feb 5, 2025
Sold by
Mcdaniel Lois C and Mcdaniel Lois Judith
Bought by
Lorien Llc
Seller's Agent
Adam Stephenson
RE/MAX ALL STARS
Buyer's Agent
Laura Griffith
WAINWRIGHT & CO., REALTORS(r)
List Price
$249,950
Sold Price
$180,000
Premium/Discount to List
-$69,950
-27.99%
Views
724
Current Estimated Value
$215,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,469
Avg. Annual Appreciation
17.59%

Purchase Details

Closed on
Mar 12, 2018
Sold by
Mcdaniel Walter Russell
Bought by
Mcdaniel Walter Russell and Mcdaniel Lois C
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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Purchase History

Date Buyer Sale Price Title Company
Lorien Llc $180,000 Fidelity National Title
Mcdaniel Walter Russell -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2025 02/07/25 Sold $180,000 -26.2% $84 / Sq Ft
01/07/2025 01/07/25 Pending -- -- --
12/19/2024 12/19/24 Price Changed $243,899 0.0% $113 / Sq Ft
11/29/2024 11/29/24 Price Changed $243,999 -2.0% $113 / Sq Ft
11/11/2024 11/11/24 Price Changed $248,999 -0.4% $116 / Sq Ft
10/25/2024 10/25/24 For Sale $249,950 -- $116 / 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 $1,481 $143,800 $51,200 $92,600
2024 $1,349 $129,700 $51,200 $78,500
2023 $1,360 $128,300 $51,200 $77,100
2022 $1,295 $118,800 $47,200 $71,600
2021 $1,175 $107,800 $43,200 $64,600
2020 $1,104 $101,300 $40,000 $61,300
2019 $1,090 $100,000 $40,000 $60,000
2018 $1,083 $99,400 $40,000 $59,400
2017 $1,068 $98,000 $40,000 $58,000
2016 $1,050 $96,300 $40,000 $56,300
2015 $1,028 $94,300 $40,000 $54,300
2014 $1,020 $93,600 $40,000 $53,600
Source: Public Records

Agents Affiliated with this Home

  • Adam Stephenson

    Seller's Agent in 2025

    Adam Stephenson

    RE/MAX

    (540) 494-7169

    225 Total Sales

    Adam Stephenson
    Section Image

  • B

    Seller Co-Listing Agent in 2025

    Brandi Stephenson

    RE/MAX

    (540) 312-6510

    27 Total Sales

    Brandi Stephenson
    Section Image

  • L

    Buyer's Agent in 2025

    Laura Griffith

    WAINWRIGHT & CO., REALTORS(r)

    (540) 397-3311

    24 Total Sales

    Laura Griffith
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 911914

Roanoke Valley Association of REALTORS®

APN: 025.13-01-07

Virginia Roanoke County Salem 24153

2452 Lost Hollow Rd, Salem, VA

Not Listed for Sale

Detached

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