NOT LISTED FOR SALE

2937 Forest Acre Trail Salem, VA 24153

Estimated Value: $403,000 - $518,000

4 Beds
3 Baths
3,470 Sq Ft
$130/Sq Ft Est. Value

Last Sold July 30, 2013

Last sale price $294,900 $85 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,699/month

15 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Great Room with Fireplace
  • Glenvar Middle School Rated A-
  • Secluded Lot
  • Cathedral Ceiling

About This Home

As of July 2013

Beautiful contemporary with open bright floor plan! 4BR, 3 full bath, modern kitchen with granite counters and stainless appliances. Large master with WIC. Entry level laundry. Downstairs features large rec room, bedroom, office and full bath - perfect in law suite setup. Wrap around deck, fenced yard and patio, great for outdoor entertaining. Private and convenient!

Last Agent to Sell the Property

Toney Humphries

RE/MAX ALL POINTS License #0225087285 Listed on: 06/17/2013

RE/MAX ALL POINTS

Last Buyer's Agent

MARY Q MANN

LICHTENSTEIN ROWAN, REALTORS(r) License #0225099617

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,885

Year Built

  • Built in 1994

Lot Details

  • 1.18 Acre Lot
  • Fenced Yard
  • Secluded Lot
  • Level Lot

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,470 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Great Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Storage
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Basement

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

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Masons Cove Elementary School
  • Glenvar Middle School
  • Glenvar High School

Utilities

  • Heat Pump System
  • Heating System Uses Gas
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3

Community Details

Overview

  • No Home Owners Association
  • Forest Acres Subdivision

Recreation

  • Trails

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,885

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Interior Features: Cathedral Ceiling, Ceiling Fan, Storage, Walk-in-Closet
  • Heating System: Gas - Propane, Heat Pump Electric
  • Fireplace(s): Great Room, Recreation Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Disposer, Garage Door Opener, Range Electric
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Fenced Yard, Patio, Paved Driveway
  • BedroomsBREntryLevel: 3
  • BedroomsBRLowerLevel: 1
  • EntryAboveGrdFin Sq Ft: 1855.00
  • ExteriorDoors: Full View, Metal
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 3470
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2013-07-02
  • Residential Type: Detached
  • Style Of House: Contemporary
  • Total Above Grd Fin S Q F T: 3470
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3470.00
  • UncoveredNumberSpaces: 6.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1615.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Private Well

Association/Amenities

  • Misc Features: Cable TV, In-Law Quarters, Maint-Free Exterior, Underground Util

Schools

  • Elementary School: Masons Cove
  • Middle School: Glenvar
  • High School: Glenvar

Lot Info

  • Lot Description: Level Lot, Secluded
  • Lot Dimensions: 00x00x00x00
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.18
  • Lot: 3
  • Phase: 1

Building Info

  • Year Built: 1994

Tax Info

  • Taxes (6 mo): 2885.00
  • FILLTAXID: 015.04-02-03.00-0000

MLS Schools

  • Elementary School: Masons Cove
  • HighSchool: Glenvar
  • Middle School: Glenvar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2013
Closed on
Jul 26, 2013
Sold by
Richardson Paul T and Richardson Eleanor
Bought by
Bassett Corinne C and Bassett Christopher A
Seller's Agent
Toney Humphries
RE/MAX ALL POINTS
Buyer's Agent
MARY Q MANN
LICHTENSTEIN ROWAN, REALTORS(r)
List Price
$294,900
Sold Price
$294,900
Current Estimated Value
$451,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,445
Avg. Annual Appreciation
3.56%
Original Mortgage
$235,920
Outstanding Balance
$172,462
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$278,883

Purchase Details

Closed on
Aug 20, 2010
Sold by
Knick Kenneth A and Knick Delcey N
Bought by
Richardson Paul T and Richardson Eleanor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
4.63%
Mortgage Type
New Conventional
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
Bassett Corinne C $294,900 Century Title Services Inc
Richardson Paul T $270,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bassett Corinne C $235,920
Previous Owner Richardson Paul T $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2013 07/30/13 Sold $294,900 0.0% $85 / Sq Ft
07/02/2013 07/02/13 Pending -- -- --
06/17/2013 06/17/13 For Sale $294,900 -- $85 / 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 $3,667 $356,000 $54,700 $301,300
2024 $3,459 $332,600 $54,700 $277,900
2023 $3,444 $324,900 $54,700 $270,200
2022 $3,270 $300,000 $54,700 $245,300
2021 $3,192 $292,800 $54,700 $238,100
2020 $3,160 $289,900 $54,200 $235,700
2019 $3,099 $284,300 $52,200 $232,100
2018 $3,006 $277,700 $52,200 $225,500
2017 $3,006 $275,800 $46,800 $229,000
2016 $3,004 $275,600 $46,800 $228,800
2015 $3,039 $278,800 $50,000 $228,800
2014 $2,930 $268,800 $50,000 $218,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 794016

Roanoke Valley Association of REALTORS®

APN: 015.04-02-03