NOT LISTED FOR SALE

2509 Gatehouse Ln Salem, VA 24153

Estimated Value: $156,000 - $179,000

1 Bed
1 Bath
800 Sq Ft
$212/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $83,500 $104 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,119/month

136 Days on Market

Highlights

  • Deck
  • Breakfast Area or Nook
  • Walk-In Closet
  • Salem High School Rated A-

About This Home

As of August 2013

Great location next to shopping, restuarants, and hospital. Condo is in nice shape.

Last Agent to Sell the Property

Edgar Smith

MKB, REALTORS(r) - OAK GROVE License #0225024966 Listed on: 03/22/2013

Last Buyer's Agent

Hamp Maxwell

BARKER REALTY CO License #0225021466

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $676

Year Built

  • Built in 1984

Lot Details

  • 0.64

HOA Fees

  • $129 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 800 Sq Ft Home
  • Drapes & Rods
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • <<builtInOvenToken>>
  • Electric Range
  • <<builtInMicrowave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Outdoor Features

  • Deck

Schools

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

Utilities

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

Community Details

  • Ridgewood Farm Subdivision

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$676

Year Built

Built in 1984

Lot Details

0

HOA Fees

$129 per month

Listing Details

  • Interior Features: All Drapes, Breakfast Area, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Condominium
  • Has Basement: Slab
  • Major Appliances: Dishwasher, Disposer, Microwave Oven (Built In), Range Electric, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Paved Driveway
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 800.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 800
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • POACondoDues: 129.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2013-08-05
  • Residential Type: Attached
  • Total Above Grd Fin S Q F T: 800
  • TotalBdrm: 1
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 800.00
  • 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

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): 676.00
  • FILLTAXID: 285-9-1-2509

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
Mar 22, 2013
Closed on
Aug 26, 2013
Sold by
Kazemi Mehdi and Nemat Soroor
Bought by
Toppel Elroy W and Shropeshire Toppel Dori M
Seller's Agent
Edgar Smith
MKB, REALTORS(r) - OAK GROVE
Buyer's Agent
Hamp Maxwell
BARKER REALTY CO
List Price
$89,950
Sold Price
$83,500
Premium/Discount to List
-$6,450
-7.17%
Current Estimated Value
$169,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,886
Avg. Annual Appreciation
5.95%
Original Mortgage
$60,000
Outstanding Balance
$45,448
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$120,529
Source: Public Records

Range of Values:

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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
Toppel Elroy W $83,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toppel Elroy W $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $83,500 -7.2% $104 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $89,950 -- $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
2024 $664 $110,600 $25,000 $85,600
2023 $1,140 $95,000 $0 $95,000
2022 $1,021 $85,100 $0 $85,100
2021 $959 $79,900 $0 $79,900
2020 $956 $79,700 $0 $79,700
2019 $956 $79,700 $0 $79,700
2018 $940 $79,700 $0 $79,700
2017 $940 $79,700 $0 $79,700
2016 $940 $79,700 $0 $79,700
2015 $942 $79,800 $12,500 $67,300
2014 $942 $79,800 $12,500 $67,300
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2013

    Edgar Smith

    MKB, REALTORS(r) - OAK GROVE

    (540) 353-2800

    82 Total Sales

    Edgar Smith
    Section Image

  • H

    Buyer's Agent in 2013

    Hamp Maxwell

    BARKER REALTY CO

    (540) 389-1100

    22 Total Sales

    Hamp Maxwell
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 790724

Roanoke Valley Association of REALTORS®

APN: 285-9-1-2509

Virginia Salem City County Salem 24153

2509 Gatehouse Ln, Salem, VA

This home is located at 2509 Gatehouse Ln, Salem, VA 24153 since 22 March 2013 and is currently estimated at $169,386, approximately $211 per square foot. This property was built in 1984. 2509 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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