NOT LISTED FOR SALE

2535 12 Oclock Knob Rd Salem, VA 24153

Estimated Value: $294,000 - $657,000

3 Beds
1 Bath
1,550 Sq Ft
$255/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $171,200 $110 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,221/month

51 Days on Market

Highlights

  • 0.96 Acre Lot
  • Ranch Style House
  • No HOA
  • Salem High School Rated A-
  • 2 Fireplaces
  • Level Lot

About This Home

As of February 2020

COME SEE THIS NEWLY RENOVATED GEM ON PARK LIKE LOT IN SALEM! HOME FEATURES BEAUTIFUL REFINISHED HARDWOOD FLOORS, COMPLETELY REMODELED KITCHEN AND UPDATED BATHROOM. NEW ROOF, GUTTERS,SOME NEW WINDOWS, NEW VINYL, NEW HVAC, NEW CARPET, NEW VINYL, NEW PAINT AND MORE!! FULL BASEMENT OFFERS FIREPLACE WITH TILE FLOORING AND ROUGHED IN BATHROOM ALL JUST WAITING FOR YOUR FINISHING TOUCH! OUTBUILDING OFFERS GREAT WORKSHOP AREA OR STORAGE. SITTING ON ALMOST AN ACRE LOT THIS PROPERTY HAS PLENTY OF ROOM TO BUILD THAT DETACHED GARAGE OR SWIMMING POOL YOU ALWAYS DREAMED OF!!

Last Agent to Sell the Property

Barry Compton

RED KEY REALTY INC License #0225040865 Listed on: 11/20/2019

Co-Listed By

Matt Spangler

REAL BROKER LLC - DGA-SALEM License #0225214738

Last Buyer's Agent

Leah Hedrick

MKB, REALTORS(r) License #0225223483

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,930

Year Built

  • Built in 1963

Lot Details

  • 0.96 Acre Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,550 Sq Ft Home
  • 2 Fireplaces
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Parking

  • 4 Open Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Heat Pump System

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,930

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Fireplace(s): Basement
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Cooling System: Heat Pump Electric
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1550.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1550
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2020-01-10
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1550
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1550.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Public Water

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.96

Building Info

  • Year Built: 1963

Tax Info

  • Taxes (6 mo): 1930.48
  • FILLTAXID: 241-1-7

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2019
Closed on
Feb 13, 2020
Sold by
Barry C Compton Inc
Bought by
Hedrick Sparland Wt and Hedrick Kathleen E
Seller's Agent
Barry Compton
RED KEY REALTY INC
Buyer's Agent
Leah Hedrick
MKB, REALTORS(r)
List Price
$184,950
Sold Price
$171,200
Premium/Discount to List
-$13,750
-7.43%
Current Estimated Value
$395,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,880
Avg. Annual Appreciation
13.74%
Original Mortgage
$171,200
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
May 10, 2019
Sold by
Woolwine James B and Woolwine Sherry G
Bought by
Barry C Compton Inc

Purchase Details

Closed on
Aug 31, 2009
Sold by
Love Sherry G and Woolwine James B
Bought by
Woolwine Sherry G and Woolwine James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,150
Interest Rate
5.36%
Mortgage Type
FHA
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
Hedrick Sparland Wt $171,200 Fidelity National Ttl Ins Co
Barry C Compton Inc $107,600 First Choice Title & Setmnt
Woolwine Sherry G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedrick Sparland Wt $171,200
Previous Owner Woolwine Sherry G $183,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2020 02/19/20 Sold $171,200 -7.4% $110 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
11/20/2019 11/20/19 For Sale $184,950 -- $119 / 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
2025 $1,523 $258,100 $58,000 $200,100
2024 $1,477 $246,200 $48,800 $197,400
2023 $2,700 $225,000 $45,500 $179,500
2022 $2,330 $194,200 $39,000 $155,200
2021 $2,177 $181,400 $35,100 $146,300
2020 $2,045 $170,400 $35,100 $135,300
2019 $1,963 $163,600 $35,100 $128,500
2018 $1,913 $162,100 $35,100 $127,000
2017 $1,895 $160,600 $35,100 $125,500
2016 $1,883 $159,600 $35,100 $124,500
2015 $1,949 $165,200 $45,900 $119,300
2014 $1,949 $165,200 $45,900 $119,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Barry Compton

    RED KEY REALTY INC

    (540) 293-5294

    8 in this area

    192 Total Sales

    Barry Compton
    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Matt Spangler

    REAL BROKER LLC - DGA-SALEM

    (540) 400-6449

    7 in this area

    90 Total Sales

    Matt Spangler
    Section Image
  • Leah Hedrick

    Buyer's Agent in 2020

    Leah Hedrick

    MKB, REALTORS(r)

    (540) 797-2174

    13 in this area

    162 Total Sales

    Leah Hedrick
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 865016

Roanoke Valley Association of REALTORS®

APN: 241-1-7

Virginia Salem City County Salem 24153

2535 12 Oclock Knob Rd, Salem, VA

This home is located at 2535 12 Oclock Knob Rd, Salem, VA 24153 since 20 November 2019 and is currently estimated at $395,080, approximately $254 per square foot. This property was built in 1963. 2535 12 Oclock Knob Rd is a home located in Salem City with nearby schools including South 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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