NOT LISTED FOR SALE

2848 Twelve Oclock Knob Rd Salem, VA 24153

Estimated Value: $175,000 - $237,000

3 Beds
1 Bath
1,240 Sq Ft
$177/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $186,700 $151 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,308/month

4 Days on Market

Highlights

  • Deck
  • No HOA
  • Views
  • Fort Lewis Elementary School Rated A-
  • Covered Patio or Porch
  • Storage

About This Home

As of August 2022

Completely renovated 3/1...lots of special features, like vessel sinks over buffet/vanity, stone entry, deep soak tub, top/bottom blinds, custom shower tile and glass, granite countertops, much more. The property sits on a level hill overlooking the mountains and Salem at the LOW end of Twelve O'Clock Knob. It feels private, except the deer that stop by, and is 5 minutes from Salem or the bike trails along the river. A charming cottage. New paint inside and out, insulation R49 in attics, stackable w/d, kitchen island, refinished original hardwoods, new heat pump (heat is propane, lower bills), lower Roanoke County taxes but Salem school districts, well designed, finished, crafted. A must see home.

Last Agent to Sell the Property

Derek Eisenberg

CONTINENTAL REAL ESTATE GROUP INC License #0225100252 Listed on: 07/11/2022

Last Buyer's Agent

Erin Duncan

LAWSON REALTY GROUP LLC License #0225211225

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1920

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Interior Spaces

  • 1,240 Sq Ft Home
  • 2-Story Property
  • Storage
  • Crawl Space
  • Property Views

Kitchen

  • Electric Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Fort Lewis Elementary School
  • Glenvar Middle School
  • Glenvar High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 11,12

Community Details

Overview

  • No Home Owners Association

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,500

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Interior Features: Storage
  • Heating System: Heat Pump Electric, Heat Pump Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Deck, Patio, Paved Driveway, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 848.00
  • ExteriorDoors: Wood
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1240
  • Internet Access: Cable, DSL
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2022-07-15
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 1240
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1240.00
  • UncoveredNumberSpaces: 3.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 392.00
  • Water Class: N/A
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Side Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Schools

  • Elementary School: Fort Lewis
  • Middle School: Glenvar
  • High School: Glenvar

Lot Info

  • Lot Description: Level Lot, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.50
  • Lot: 11,12
  • Phase: 1

Building Info

  • Year Built: 1920

Tax Info

  • Taxes (6 mo): 1500.00
  • FILLTAXID: 066.01-02-01.00-0000

MLS Schools

  • Elementary School: Fort Lewis
  • HighSchool: Glenvar
  • Middle School: Glenvar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Aug 10, 2022
Sold by
Dean Kapsalakis
Bought by
Hayman David and Hayman Brenda
Seller's Agent
Derek Eisenberg
CONTINENTAL REAL ESTATE GROUP INC
Buyer's Agent
Erin Duncan
LAWSON REALTY GROUP LLC
List Price
$186,700
Sold Price
$186,700
Current Estimated Value
$218,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,299
Avg. Annual Appreciation
5.28%
Original Mortgage
$193,421
Outstanding Balance
$184,607
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
$34,392

Purchase Details

Listed on
Sep 28, 2021
Closed on
Nov 17, 2021
Sold by
Jacobs Cheryl S
Bought by
Kapsalakis Carol and Kapsalakis Dean
Seller's Agent
Amber Mason
MKB, REALTORS(r)
Buyer's Agent
Amber Mason
MKB, REALTORS(r)
List Price
$99,900
Sold Price
$105,125
Premium/Discount to List
$5,225
5.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
101.46%

Purchase Details

Listed on
Sep 28, 2021
Closed on
Oct 26, 2021
Sold by
Walker Curtis Darrell
Bought by
Jacobs Cheryl S
Seller's Agent
Amber Mason
MKB, REALTORS(r)
Buyer's Agent
Amber Mason
MKB, REALTORS(r)
List Price
$99,900
Sold Price
$105,125
Premium/Discount to List
$5,225
5.23%
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
Hayman David $186,700 Fidelity National Title
Kapsalakis Carol -- None Listed On Document
Kapsalakis Carol $105,125 Virginia Title Center Llc
Jacobs Cheryl S $105,125 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayman David $193,421
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $186,700 0.0% $151 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $186,700 +77.6% $151 / Sq Ft
10/29/2021 10/29/21 Sold $105,125 +5.2% $85 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $99,900 -- $81 / 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 $1,765 $171,400 $33,300 $138,100
2024 $1,686 $162,100 $33,300 $128,800
2023 $1,650 $155,700 $31,500 $124,200
2022 $774 $71,000 $26,400 $44,600
2021 $627 $57,500 $24,800 $32,700
2020 $626 $57,400 $26,400 $31,000
2019 $606 $55,600 $26,400 $29,200
2018 $596 $55,400 $26,400 $29,000
2017 $596 $54,700 $26,400 $28,300
2016 $593 $54,400 $26,400 $28,000
2015 $589 $54,000 $26,400 $27,600
2014 $584 $53,600 $25,500 $28,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Derek Eisenberg

    CONTINENTAL REAL ESTATE GROUP INC

    (877) 996-5728

    3,148 Total Sales

    Derek Eisenberg
    Section Image

  • E

    Buyer's Agent in 2022

    Erin Duncan

    LAWSON REALTY GROUP LLC

    (540) 521-5009

    20 Total Sales

    Erin Duncan
    Section Image
  • Amber Mason

    Seller's Agent in 2021

    Amber Mason

    MKB, REALTORS(r)

    (540) 520-9784

    45 Total Sales

    Amber Mason
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 891195

Roanoke Valley Association of REALTORS®

APN: 066.01-02-01

Virginia Roanoke County Salem 24153

2848 Twelve Oclock Knob Rd, Salem, VA

This home is located at 2848 Twelve Oclock Knob Rd, Salem, VA 24153 since 11 July 2022 and is currently estimated at $218,999, approximately $176 per square foot. This property was built in 1920. 2848 Twelve Oclock Knob Rd is a home located in Roanoke County with nearby schools including Fort Lewis Elementary School, Glenvar Middle School, and Glenvar 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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