NOT LISTED FOR SALE

2505 Gatehouse Ln Salem, VA 24153

Estimated Value: $208,000 - $225,000

2 Beds
2 Baths
1,075 Sq Ft
$202/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $206,000 $192 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,465/month

2 Days on Market

Highlights

  • Screened Porch
  • Walk-In Closet
  • Gas Log Fireplace
  • Salem High School Rated A-
  • Sliding Doors

About This Home

As of June 2022

Enjoy a quiet and beautifully renovated entry-level 2 Bedroom, 2 Bath Condo with no steps from cul-de-sac parking to home. All new kitchen including new custom maple Ideal Cabinets, new solid surface counters, and new high-quality stainless steel dishwasher, refrigerator and range hood. New premium, eco-friendly Calibamboo flooring throughout except bathrooms that have new linoleum. Updated, high quality light fixtures and ceiling fans in living spaces. Nice, new bathrooms. Medeco deadbolt and Schlage keypad doorknob. 2019 installed HVAC includes a UV sterilizer for cleaner air. Spacious closets and a basement locker provide amble storage. All with popular Salem schools and close to Lewis Gale Hospital on 419.

Last Agent to Sell the Property

David Suetterlein

MKB, REALTORS(r) License #0225224462 Listed on: 04/21/2022

MKB, REALTORS(r)

Last Buyer's Agent

Jenna Lawrence

RE/MAX ALL STARS License #0225232894

RE/MAX ALL STARS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,271

Year Built

  • Built in 1984

Lot Details

  • 0.64

HOA Fees

  • $188 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,075 Sq Ft Home
  • Gas Log Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Screened Porch
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

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

Utilities

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

Community Details

  • Gibson And Associates Association
  • Ridgewood Farm Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,271

Year Built

Built in 1984

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Interior Features: Gas Log Fireplace, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: A
  • Property Subtype 1: Condominium
  • Has Basement: Slab
  • Cooling System: Heat Pump Electric
  • Outside Features: Screened Porch
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: Yes
  • EntryAboveGrdFin Sq Ft: 1075.00
  • ExteriorDoors: Full View, Sliding
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1075
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Phone Email: 540-206-3721
  • P O A Condo Contact Name: Gibson and Associates
  • POACondoDues: 188.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2022-04-23
  • Residential Type: Attached
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1075
  • TotalBdrm: 2
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1075.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Side Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Paved Road

Schools

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

Lot Info

  • Property Group Id: 19990816212109142258000000

Building Info

  • Year Built: 1984

Tax Info

  • Taxes (6 mo): 1271.00
  • FILLTAXID: 285-9-1-2505

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2025
Sold by
Crowe Mitchell Simpson
Bought by
Mcdaniel Frank and Mcdaniel Judy
Current Estimated Value
$217,531

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jun 2, 2022
Sold by
Mabry Shaun D
Bought by
Crowe Mitchell Simpson
Seller's Agent
David Suetterlein
MKB, REALTORS(r)
Buyer's Agent
Jenna Lawrence
RE/MAX ALL STARS
List Price
$195,000
Sold Price
$206,000
Premium/Discount to List
$11,000
5.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.71%

Purchase Details

Listed on
Mar 18, 2021
Closed on
Apr 8, 2021
Sold by
Trolsen Deborah Clark and Trolsen Debbie C
Bought by
Mabry Shaun D and Mabry Lauren E
Seller's Agent
Judy Bromm Sellers
BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN
Buyer's Agent
David Suetterlein
MKB, REALTORS(r)
List Price
$136,500
Sold Price
$132,000
Premium/Discount to List
-$4,500
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.82%
Original Mortgage
$0
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 12, 2005
Sold by
Bradley William Carter
Bought by
Denison Dorotha P
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcdaniel Frank $206,000 Priority Title
Crowe Mitchell Simpson $206,000 Priority Title
Mabry Shaun D $132,000 None Listed On Document
Denison Dorotha P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mabry Shaun D $0
Previous Owner Trolsen Deborah C $80,000
Previous Owner Denison Dorotha P $91,200
Previous Owner Denison Dorotha P $96,000
Previous Owner Denison Dorotha P $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $206,000 +5.6% $192 / Sq Ft
04/23/2022 04/23/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $195,000 +47.7% $181 / Sq Ft
04/12/2021 04/12/21 Sold $132,000 -3.3% $123 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $136,500 +16.7% $127 / Sq Ft
01/02/2019 01/02/19 Sold $116,950 0.0% $109 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $116,950 -- $109 / 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 $906 $151,000 $25,000 $126,000
2023 $1,750 $145,800 $0 $145,800
2022 $1,444 $120,300 $0 $120,300
2021 $1,355 $112,900 $0 $112,900
2020 $1,349 $112,400 $0 $112,400
2019 $1,247 $103,900 $0 $103,900
2018 $1,226 $103,900 $0 $103,900
2017 $1,226 $103,900 $0 $103,900
2016 $1,226 $103,900 $0 $103,900
2015 $1,254 $106,300 $15,000 $91,300
2014 $1,254 $106,300 $15,000 $91,300
Source: Public Records

Agents Affiliated with this Home

  • David Suetterlein

    Seller's Agent in 2022

    David Suetterlein

    MKB, REALTORS(r)

    (540) 632-1467

    6 Total Sales

    David Suetterlein
    Section Image
  • Jenna Lawrence

    Buyer's Agent in 2022

    Jenna Lawrence

    RE/MAX

    (540) 529-0473

    122 Total Sales

    Jenna Lawrence
    Section Image

  • J

    Seller's Agent in 2021

    Judy Bromm Sellers

    BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN

    (540) 815-2324

    24 Total Sales

    Judy Bromm Sellers
    Section Image

  • S

    Seller's Agent in 2019

    Shannon Hall

    BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN

    (540) 343-5000

    34 Total Sales

    Shannon Hall
    Section Image
  • Jackie Boyd

    Buyer's Agent in 2019

    Jackie Boyd

    MKB, REALTORS(r) - OAK GROVE

    (540) 588-8234

    152 Total Sales

    Jackie Boyd
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 888746

Roanoke Valley Association of REALTORS®

APN: 285-9-1-2505

Virginia Salem City County Salem 24153

2505 Gatehouse Ln, Salem, VA

This home is located at 2505 Gatehouse Ln, Salem, VA 24153 since 21 April 2022 and is currently estimated at $217,531, approximately $202 per square foot. This property was built in 1984. 2505 Gatehouse Ln is a home located in Salem City with nearby schools including East Salem Elementary School, Andrew Lewis Middle School, and Salem High School.

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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