NOT LISTED FOR SALE

2548 Keagy Rd Salem, VA 24153

Estimated Value: $355,892 - $410,000

3 Beds
2 Baths
1,810 Sq Ft
$215/Sq Ft Est. Value

Last Sold February 15, 2021

Last sale price $261,000 $144 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,196/month

88 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Detached Garage
  • No HOA
  • Breakfast Area or Nook
  • Skylights

About This Home

As of February 2021

This wonderful home is one level living at its best with exceptionally spacious living areas , tons of natural light and a comfortable contemporary feel. Lovingly cared for with an updated kitchen offering granite, stainless appliances and a cheery breakfast area. Formal dining room, Master suite with garden tub and skylights, walk in shower.Two car garage. Easy to maintain level yard. Fabulous location with superior access to Lewis Gale Hospital, Ridgewood Farms plaza for grocery, restaurants, and shopping. Heat is electric heat pump with gas hot water secondary heat. Gas fireplace with automatic blower.

Last Agent to Sell the Property

Dena Balzano

LICHTENSTEIN ROWAN, REALTORS(r) License #0225216802 Listed on: 10/14/2020

Last Buyer's Agent

Ruth An Cooper

MKB, REALTORS(r) License #0225172889

MKB, REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,194

Year Built

  • Built in 1984

Lot Details

  • 0.29 Acre Lot
  • Level Lot
  • Cleared Lot

Parking

  • Detached Garage

Home Design

  • Ranch Style House
  • Patio Home
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,810 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Fireplace Features Blower Fan
  • Gas Log Fireplace
  • Living Room with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Heat Pump System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2

Community Details

Overview

  • No Home Owners Association
  • Ridgewood Farm Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,194

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Ceiling Fan, Gas Log Fireplace, Skylight, Walk-in-Closet
  • Heating System: Heat Pump Electric, Other - See Remarks
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Microwave Oven (Built In), Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Nat Gas Line Outdoor
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1810.00
  • Fireplace Number Fireplaces: 1
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • Residential Type: Detached
  • Style Of House: 1 Story, Patio, Ranch
  • Total Above Grd Fin S Q F T: 1810
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1810.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • 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, Fireplace Blower

Lot Info

  • Lot Description: Cleared, Level Lot
  • Lot Dimensions: .29
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.29
  • Lot: 2

Building Info

  • Year Built: 1984

Tax Info

  • Taxes (6 mo): 2194.00

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
Oct 14, 2020
Closed on
Feb 12, 2021
Sold by
Hall Georganna C and Craft George F
Bought by
Stephenson Robert L and Stephenson Sharon C
Seller's Agent
Dena Balzano
LICHTENSTEIN ROWAN, REALTORS(r)
Buyer's Agent
Ruth An Cooper
MKB, REALTORS(r)
List Price
$279,950
Sold Price
$261,000
Premium/Discount to List
-$18,950
-6.77%
Current Estimated Value
$389,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,723
Avg. Annual Appreciation
8.62%
Original Mortgage
$225,732
Outstanding Balance
$201,718
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$188,005
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stephenson Robert L $261,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephenson Robert L $225,732
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2021 02/15/21 Sold $261,000 -6.8% $144 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
10/14/2020 10/14/20 For Sale $279,950 -- $155 / 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 $1,844 $312,500 $55,500 $257,000
2024 $1,703 $283,800 $52,400 $231,400
2023 $3,067 $255,600 $46,200 $209,400
2022 $2,812 $234,300 $38,200 $196,100
2021 $2,558 $213,200 $37,000 $176,200
2020 $2,302 $195,100 $37,000 $158,100
2019 $2,231 $185,900 $37,000 $148,900
2018 $2,119 $179,600 $37,000 $142,600
2017 $2,097 $177,700 $37,000 $140,700
2016 $2,097 $177,700 $37,000 $140,700
2015 $2,063 $174,800 $36,000 $138,800
2014 $2,063 $174,800 $36,000 $138,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 874297

Roanoke Valley Association of REALTORS®

APN: 302-1-1