NOT LISTED FOR SALE

2546 S Clearing Rd Salem, VA 24153

Estimated Value: $401,608 - $419,000

3 Beds
3 Baths
3,152 Sq Ft
$131/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $340,000 $108 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,626/month

Highlights

  • Mountain View
  • Family Room with Fireplace
  • Breakfast Area or Nook
  • Salem High School Rated A-
  • Cathedral Ceiling
  • Rear Porch

About This Home

As of March 2023

Unique opportunity. '' The Meadows at Ridgewood Farms.'' Spectacular view of mountains. Private end unit w/ 2 large sunrooms-one on each level. One-floor living possible w/ 2 spacious bedrooms and 2 full baths on the main level. Lower level offers 3rd bedroom and 3rd full bath, huge family room and great storage. Fresh paint and floor coverings on the main level in 2021. Beautiful courtyard w/ exterior maintenance provided. Cinder block wall between units provides for sound proof living and quiet between units. Spacious room sizes and cathedral ceilings in great room area. Very well maintained community only a few minute's walk to Lewis Gale Hospital.

Last Agent to Sell the Property

Timothy Toohig

RE/MAX ALL POINTS License #0225002420 Listed on: 11/18/2022

RE/MAX ALL POINTS

Last Buyer's Agent

Robert Hartman

REALSTAR, REALTORS(r) LLC License #0225051454

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,181

Year Built

  • Built in 1981

Lot Details

  • 0.33

HOA Fees

  • $278 Monthly HOA Fees

Interior Spaces

  • 3,152 Sq Ft Home
  • Bookcases
  • Cathedral Ceiling
  • Heatilator
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Storage
  • Laundry on main level
  • Mountain Views
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Patio
  • Rear Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Gibson And Assoc. Tasha Guthrie Association
  • Meadows Of Ridgewood Farms Subdivision

Listing and Financial Details

  • Tax Lot 25

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,181

Year Built

Built in 1981

Lot Details

0

HOA Fees

$278 per month

Listing Details

  • Interior Features: Alarm, Book Shelves, Breakfast Area, Cathedral Ceiling, Heatolater, Masonry Fireplace, Storage
  • Heating System: Forced Air Gas
  • Fireplace(s): Family Room, Great Room
  • Type: Residential
  • Property Subtype 1: Townhouse
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Disposer, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Patio, Paved Driveway
  • Views: Mountain, Sunset
  • BedroomsBREntryLevel: 2
  • BedroomsBRLowerLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1896.00
  • ExteriorDoors: Full View
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 3792
  • Internet Access: Cable, DSL
  • InternetAccessCurntInternetProv: Comcast
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • OtherAboveGrdFin Sq Ft: 1256.00
  • Phone Email: tguthrie@gibsonhoa.com
  • P O A Condo Contact Name: Gibson and Assoc. Tasha Guthrie
  • POACondoDues: 278.00
  • POACondoTermsAM: Monthly
  • Hoa2 Or Poa: Yes
  • Primary Covered Parking S Q F T: 522
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2023-02-04
  • Residential Type: Attached
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 3152
  • TotalBdrm: 3
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3152.00
  • TotalUnfin Sq Ft: 640.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 640.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Underground Util

Schools

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

Lot Info

  • Lot Description: Gentle Slope, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.33
  • Lot: 25

Building Info

  • Year Built: 1981

Tax Info

  • Taxes (6 mo): 3181.00
  • FILLTAXID: 284-1-3

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
Nov 18, 2022
Closed on
Mar 20, 2023
Sold by
Margaret T Lyon Revocable Declaration Of
Bought by
Leon George Raymond and Leon George Cathy
Seller's Agent
Timothy Toohig
RE/MAX ALL POINTS
Buyer's Agent
Robert Hartman
REALSTAR, REALTORS(r) LLC
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Views
156
Current Estimated Value
$413,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,652
Avg. Annual Appreciation
8.15%
Original Mortgage
$100,000
Outstanding Balance
$97,075
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$315,830
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
Leon George Raymond $340,000 Priority Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leon George Raymond $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $340,000 -2.9% $108 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
11/18/2022 11/18/22 For Sale $350,000 -- $111 / 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 $1,960 $332,200 $56,900 $275,300
2024 $1,972 $328,700 $52,500 $276,200
2023 $3,694 $307,800 $48,100 $259,700
2022 $3,181 $265,100 $34,900 $230,200
2021 $3,067 $255,600 $30,700 $224,900
2020 $3,020 $251,700 $30,700 $221,000
2019 $2,987 $248,900 $30,700 $218,200
2018 $2,922 $247,600 $30,700 $216,900
2017 $2,922 $247,600 $30,700 $216,900
2016 $2,922 $247,600 $30,700 $216,900
2015 $2,990 $253,400 $25,000 $228,400
2014 $2,990 $253,400 $25,000 $228,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 894455

Roanoke Valley Association of REALTORS®

APN: 284-1-3