NOT LISTED FOR SALE

2507 Gatehouse Ln Salem, VA 24153

Estimated Value: $214,000 - $222,000

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

Sale Details

Date Sold: May 8, 2019

Last sale price $124,950 $116 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,423 / mo

2 Days on Market

Highlights

  • City View
  • Deck
  • Covered Patio or Porch
  • 0.64 Acre Lot
  • Community Pool
  • Balcony

About This Home

As of May 2019

Welcome Home!! Great move-in ready condo. Recently painted throughout. HVAC replaced in 2017, hot water heater replaced in 2018. Wood burning fireplace in living room/great room area. Washer & dryer, as well as kitchen appliances, including new stove and dishwasher, are included. Large, outdoor covered deck that is perfect for enjoying time with family and friends, while dining or just enjoying the outdoors. Swimming pool available through the homeowners association. This home is easily accessible from the front parking area, no stairs to deal with. Very convenient to both Salem and Roanoke, and very convenient to restaurants, grocery shopping and hospital/doctors. True one level, carefree living for those looking for a simpler lifestyle..., no yard work, etc.

Last Agent to Sell the Property

SHANNON HINES

WAINWRIGHT & CO., REALTORS(r) License #0225197656 Listed on: 04/05/2019

Last Buyer's Agent

Chris Reavis

MKB, REALTORS(r) License #0225230637

MKB, REALTORS(r)

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,206

Year Built

  • Built in 1984

Lot Details

  • 27,878 Sq Ft Lot
  • Cleared Lot

HOA Fees

  • $182 Monthly HOA Fees

Property Views

  • City
  • Mountain

Home Design

  • Slab Foundation

Interior Spaces

  • 1,075 Sq Ft Home
  • Ceiling Fan
  • Drapes & Rods
  • Sliding Doors
  • Living Room with Fireplace
  • Storage

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • 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
  • Cable TV Available

Community Details

Overview

  • Gibson & Associates Llc Association

Amenities

  • Restaurant

Recreation

  • Community Pool

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,206

Year Built

Built in 1984

Lot Details

0.64 Acres

HOA Fees

$182 per month

Listing Details

  • Interior Features: All Drapes, Ceiling Fan, Storage, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Condominium
  • Has Basement: Slab
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Balcony, Covered Porch, Deck
  • Views: City, Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1075.00
  • ExteriorDoors: Fiberglass, Sliding
  • Fireplace Number Fireplaces: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Comcast
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Phone Email: 540-206-3721
  • P O A Condo Contact Name: Gibson & Associates LLC
  • POACondoDues: 182.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • Residential Type: Attached
  • SubdivisionMap: Ridgewood Farm Con
  • Total Above Grd Fin S Q F T: 1075
  • TotalBdrm: 2
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1075.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • 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, Paved Road, Underground Util

Lot Info

  • Lot Description: Cleared
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.64

Building Info

  • Year Built: 1984

Tax Info

  • Taxes (6 mo): 1206.00

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
Apr 5, 2019
Closed on
May 8, 2019
Sold by
Bought by
Seller's Agent
SHANNON HINES
WAINWRIGHT & CO., REALTORS(r)
Buyer's Agent
Chris Reavis
MKB, REALTORS(r)
List Price
$124,950
Sold Price
$124,950
Current Estimated Value
$216,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,714
Avg. Annual Appreciation
8.00%
Original Mortgage
$98,482
Outstanding Balance
$86,232
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$130,432
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$124,950 Investors Title Insurance Co
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 $98,482
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
05/08/2019 05/08/19 Sold $124,950 0.0% $116 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $124,950 -- $116 / 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
2025 $925 $156,800 $30,000 $126,800
2024 $844 $140,600 $25,000 $115,600
2023 $1,606 $133,800 $0 $133,800
2022 $1,420 $118,300 $0 $118,300
2021 $1,250 $104,200 $0 $104,200
2020 $1,247 $103,900 $0 $103,900
2019 $1,226 $102,200 $0 $102,200
2018 $1,206 $102,200 $0 $102,200
2017 $1,206 $102,200 $0 $102,200
2016 $1,206 $102,200 $0 $102,200
2015 $1,240 $105,100 $15,000 $90,100
2014 $1,240 $105,100 $15,000 $90,100
Source: Public Records

Agents Affiliated with this Home

  • SHANNON HINES

    Seller's Agent in 2019

    SHANNON HINES

    WAINWRIGHT & CO., REALTORS(r)

    (540) 520-8316

    99 Total Sales

    SHANNON HINES
    Section Image
  • Chris Reavis

    Buyer's Agent in 2019

    Chris Reavis

    MKB, REALTORS(r)

    (540) 353-3349

    44 Total Sales

    Chris Reavis
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 857681

Roanoke Valley Association of REALTORS®

APN: 285-9-1-2507

Virginia Salem City County Salem 24153

2507 Gatehouse Ln, 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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