NOT LISTED FOR SALE

2541 S Clearing Rd Salem, VA 24153

Estimated Value: $295,815 - $344,000

2 Beds
2 Baths
1,498 Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: October 14, 2020

Last sale price $225,109 $150 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,079 / mo

15 Days on Market

Highlights

  • Deck
  • Skylights
  • Storage
  • Cul-De-Sac
  • 2 Car Attached Garage
  • Restaurant

About This Home

As of October 2020

True one level living at its best! Beautifully updated 2 bathroom attached patio home in convenient Ridgewood Farm community! Close to Lewis Gale Hospital, Kroger, CVS and more! Enter the home through a fenced, private courtyard-perfect for morning coffee or evening cocktail. Bright and airy kitchen with skylight, Corian counter tops, and stainless steel appliances. Formal dining area opens to back deck. Owner's suite boasts ton of closet space and relaxing private bathroom. Guests will enjoy their own bathroom and beautiful bedroom. Attached 2 car garage with plenty of storage. Brand new HVAC system in 2020. Don't miss your opportunity to own this wonderful home!

Last Agent to Sell the Property

Hilarie Baber

WAINWRIGHT & CO., REALTORS(r) License #0225216503 Listed on: 08/28/2020

WAINWRIGHT & CO., REALTORS(r)

Last Buyer's Agent

Callie Dalton

LONG & FOSTER - OAK GROVE License #0225078001

LONG & FOSTER - OAK GROVE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,773

Year Built

  • Built in 1981

Lot Details

  • 5,663

HOA Fees

  • $199 Monthly HOA Fees

Home Design

  • Patio Home

Interior Spaces

  • 1,498 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Storage
  • Laundry on main level
  • Crawl Space

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Schools

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

Additional Features

  • Deck
  • Cul-De-Sac
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 5

Community Details

Overview

  • Gibson And Associates Association
  • Meadows Of Ridgewood Farms Subdivision

Amenities

  • Restaurant

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,773

Year Built

Built in 1981

Lot Details

5,663 Sq Ft Lot

HOA Fees

$199 per month

Listing Details

  • Interior Features: Ceiling Fan, Skylight, Storage
  • Heating System: Forced Air Gas
  • Type: A
  • Property Subtype 1: Condominium
  • Has Basement: Crawl Space
  • Major Appliances: Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Deck, Paved Driveway
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1498.00
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • NumberPrimCovSpaces: 2.00
  • Phone Email: .
  • P O A Condo Contact Name: Gibson and Associates
  • POACondoDues: 199.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Attached
  • Style Of House: Patio
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1498
  • TotalBdrm: 2
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1498.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Cul-de-sac

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.13
  • Lot: 5

Building Info

  • Year Built: 1981

Tax Info

  • Taxes (6 mo): 2773.00

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
Aug 28, 2020
Closed on
Oct 13, 2020
Sold by
Bought by
Seller's Agent
Hilarie Baber
WAINWRIGHT & CO., REALTORS(r)
Buyer's Agent
Callie Dalton
LONG & FOSTER - OAK GROVE
List Price
$235,000
Sold Price
$225,109
Premium/Discount to List
-$9,891
-4.21%
Current Estimated Value
$323,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,845
Avg. Annual Appreciation
6.62%
Original Mortgage
$213,750
Outstanding Balance
$198,781
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$125,173

Purchase Details

Closed on
Nov 4, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2012
Closed on
Sep 26, 2012
Sold by
Bought by
Seller's Agent
Bill Gearhart
COLDWELL BANKER TOWNSIDE, REALTORS(r)
List Price
$149,950
Sold Price
$120,000
Premium/Discount to List
-$29,950
-19.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$117,826
Interest Rate
3.25%
Mortgage Type
FHA
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
$225,000 Fidelity National Ttl Ins Co
$171,100 First Choice Title & Settlem
-- None Available
$120,000 Performance Title
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 $213,750
Previous Owner $116,000
Previous Owner $117,826
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 Prior Sale
10/14/2020 10/14/20 Sold $225,109 -4.2% $150 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $235,000 +95.8% $157 / Sq Ft
09/28/2012 09/28/12 Sold $120,000 -20.0% $80 / Sq Ft View Prior Sale
08/20/2012 08/20/12 Pending -- -- --
03/28/2012 03/28/12 For Sale $149,950 -- $100 / 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 $1,572 $266,400 $43,900 $222,500
2024 $1,456 $242,600 $40,500 $202,100
2023 $2,633 $219,400 $37,100 $182,300
2022 $2,344 $195,300 $27,000 $168,300
2021 $2,117 $176,400 $23,600 $152,800
2020 $2,024 $171,500 $23,600 $147,900
2019 $2,040 $170,000 $23,600 $146,400
2018 $1,984 $168,100 $23,600 $144,500
2017 $1,984 $168,100 $23,600 $144,500
2016 $1,984 $168,100 $23,600 $144,500
2015 $2,019 $171,100 $22,000 $149,100
2014 $2,019 $171,100 $22,000 $149,100
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Hilarie Baber

    WAINWRIGHT & CO., REALTORS(r)

    (540) 798-9860

    47 Total Sales

    Hilarie Baber
    Section Image
  • Callie Dalton

    Buyer's Agent in 2020

    Callie Dalton

    LONG & FOSTER - OAK GROVE

    (540) 769-0000

    438 Total Sales

    Callie Dalton
    Section Image

  • G

    Buyer Co-Listing Agent in 2020

    Grant Snyder

    LONG & FOSTER - OAK GROVE

    (540) 797-8396

    107 Total Sales

    Grant Snyder
    Section Image
  • Bill Gearhart

    Seller's Agent in 2012

    Bill Gearhart

    COLDWELL BANKER TOWNSIDE, REALTORS(r)

    (540) 989-3311

    71 Total Sales

    Bill Gearhart
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 872792

Roanoke Valley Association of REALTORS®

APN: 301-2-11

Virginia Salem City County Salem 24153

2541 S Clearing Rd, 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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