NOT LISTED FOR SALE

2740 Fernlawn Rd Salem, VA 24153

Estimated Value: $267,000 - $288,000

3 Beds
2 Baths
1,805 Sq Ft
$154/Sq Ft Est. Value

Last Sold April 29, 2020

Last sale price $175,950 $97 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,688/month

25 Days on Market

Highlights

  • Deck
  • No HOA
  • Shed
  • Glenvar Middle School Rated A-
  • Restaurant
  • Sliding Doors

About This Home

As of April 2020

Must See!! This beautiful family home has been tastefully updated and is ready for the next family to move right in and start making memories! Fresh neutral paint and Hardwood floors on the upper level lead you out sliding glass doors to the Newly finished Deck (to be completed by 3/8). This 3BR/2BA split foyer home in one of Salem's most desired neighborhoods is just what your family has been looking for! All appliances in working order but pass ''as is.'' Play house and storage shed out back pass ''as is.''

Last Agent to Sell the Property

Ashley Gladden

DIVINE FOG REALTY COMPANY LLC- ROANOKE License #0225231479 Listed on: 03/06/2020

Last Buyer's Agent

Mack Garmon

RE/MAX REAL ESTATE ONE License #0225092153

RE/MAX REAL ESTATE ONE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,644

Year Built

  • Built in 1971

Lot Details

  • 0.32 Acre Lot

Home Design

  • Split Foyer

Interior Spaces

  • Ceiling Fan
  • Drapes & Rods
  • Sliding Doors
  • Attic Fan

Kitchen

  • Electric Range
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 3 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed

Schools

  • Glenvar Elementary And Middle School
  • Glenvar High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9 / 8

Community Details

Overview

  • No Home Owners Association
  • Beverly Heights North Subdivision

Amenities

  • Restaurant

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,644

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Interior Features: All Drapes, Attic Fan, Ceiling Fan
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Range Electric, Range Hood, Refrigerator, Sump Pump
  • Cooling System: Central Cooling
  • Outside Features: Deck, Paved Driveway, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBRLowerLevel: 1
  • BedroomsBRUpperLevel: 2
  • ExteriorDoors: Metal, Sliding
  • FullBathsFullBathsLowerLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 2060
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Xfinity
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 765.00
  • Major Area: 02 - Roanoke County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2020-03-31
  • Residential Type: Detached
  • Style Of House: Split-Foyer
  • Total Above Grd Fin S Q F T: 1040
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1805.00
  • TotalUnfin Sq Ft: 255.00
  • UncoveredNumberSpaces: 3.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 255.00
  • UpperAboveGrdFin Sq Ft: 1040.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Cable TV

Schools

  • Elementary School: Glenvar
  • Middle School: Glenvar
  • High School: Glenvar

Green Features

  • Energy Features: Attic Fan

Lot Info

  • Lot Description: Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.32
  • Lot: 9

Building Info

  • Year Built: 1971

Tax Info

  • Taxes (6 mo): 1644.00
  • FILLTAXID: 044.03-03-09.00-0000

MLS Schools

  • Elementary School: Glenvar
  • HighSchool: Glenvar
  • Middle School: Glenvar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Apr 29, 2020
Sold by
Burbage Aaron M and Burbage Whitney G
Bought by
Peterman Stephen and Peterman Rebecca
Seller's Agent
Ashley Gladden
DIVINE FOG REALTY COMPANY LLC- ROANOKE
Buyer's Agent
Mack Garmon
RE/MAX REAL ESTATE ONE
List Price
$175,950
Sold Price
$175,950
Current Estimated Value
$277,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,861
Avg. Annual Appreciation
8.73%
Original Mortgage
$167,152
Outstanding Balance
$148,944
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$128,867

Purchase Details

Closed on
Sep 27, 2005
Sold by
Epperly Dwayne K and Epperly Carolyn N
Bought by
Cheatwood Christopher A and Cheatwood Irene M

Purchase Details

Closed on
May 16, 2005
Sold by
Candlef Mary E and Weeks Karen S
Bought by
Equity Trustees Llc
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
Peterman Stephen $175,950 First Choice Title & Setmnt
Cheatwood Christopher A $139,950 None Available
Equity Trustees Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterman Stephen $167,152
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2020 04/29/20 Sold $175,950 0.0% $97 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $175,950 +31.6% $97 / Sq Ft
08/13/2012 08/13/12 Sold $133,700 -1.5% $74 / Sq Ft View Prior Sale
05/07/2012 05/07/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $135,700 -- $75 / 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 $2,575 $250,000 $47,000 $203,000
2024 $2,391 $229,900 $43,000 $186,900
2023 $2,291 $216,100 $43,000 $173,100
2022 $2,079 $190,700 $38,000 $152,700
2021 $1,858 $170,500 $34,000 $136,500
2020 $1,716 $157,400 $34,000 $123,400
2019 $1,644 $150,800 $34,000 $116,800
2018 $1,637 $151,400 $37,000 $114,400
2017 $1,637 $150,200 $37,000 $113,200
2016 $1,627 $149,300 $36,000 $113,300
2015 $1,601 $146,900 $35,000 $111,900
2014 $1,575 $144,500 $34,000 $110,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 867491

Roanoke Valley Association of REALTORS®

APN: 044.03-03-09