NOT LISTED FOR SALE

3115 Forest Acre Trail Salem, VA 24153

Estimated Value: $376,000 - $520,000

3 Beds
1 Bath
1,925 Sq Ft
$223/Sq Ft Est. Value

Last Sold July 18, 2018

Last sale price $175,000 $91 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,590/month

4 Days on Market

Highlights

  • Wood Burning Stove
  • Secluded Lot
  • Ranch Style House
  • Glenvar Middle School Rated A-
  • Living Room with Fireplace
  • No HOA

About This Home

As of July 2018

LOCATION!LOCATION!5 minutes from 1-81!SO PRIVATE! BRICK RANCH on 2+-ACRES!PRICED ALMOST $33,000 BELOW ASSESSMENT for quick sale!Being sold as-is,whereas.Heat pump&a/c new 2014.Septic pumped 3-2014.Eat in kitchen + dining area & sunken family room off kitchen can host lots of people for entertaining!Sunken living rm with walnut paneling&woodburning fireplace.Man cave in basement with custom built wine cellar&blt in stereo cabinet&gas log fireplace&Fisher woodstove.Family Rm has Ben Franlin Woodstove.Home is rustic inside w/lots of woodwork everywhere!Oak Wood floors,slate floors-Covered back&front porches,patio,brick planters around house,Pole barn,3 bay garage detached plus single car attached.Lots of room for garden space.Propane tank owned.Central vac roughed in&equipped/Stone walls

Last Agent to Sell the Property

Sheila Dehart

CHARLTON ASSOCIATES License #0225035464 Listed on: 06/04/2018

Last Buyer's Agent

David Miller

NEST REALTY SOUTHSIDE License #0225240762

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,317

Year Built

  • Built in 1966

Lot Details

  • 2 Acre Lot
  • Secluded Lot
  • Level Lot
  • Garden

Parking

  • 4 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Wood Burning Stove
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Cooktop

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Heat Pump System
  • Baseboard Heating

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,317

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Interior Features: Gas Log Fireplace, Masonry Fireplace
  • Heating System: Baseboard Electric, Heat Pump Electric, Other - See Remarks
  • Fireplace(s): Living Room, Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Cook Top, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Garden Space, Patio
  • AddlCoveredPrkng: Garage Detached
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1694.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1925
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 231.00
  • Major Area: 02 - Roanoke County
  • NumberAddCovSpaces: 3.00
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2018-06-08
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1694
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 4.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1925.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Maint-Free Exterior

Schools

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

Green Features

  • Energy Features: Wood Stove

Lot Info

  • Lot Description: Level Lot, Secluded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 2.00

Building Info

  • Year Built: 1966

Tax Info

  • Taxes (6 mo): 2317.00
  • FILLTAXID: 016.03-02-62.00-0000 & 016.03-02-63.00-0000

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Jul 6, 2018
Sold by
Ouellette Michael W and Ouellette Michelle M
Bought by
Steele Thomas F and Steele Karen M
Seller's Agent
Sheila Dehart
CHARLTON ASSOCIATES
Buyer's Agent
David Miller
NEST REALTY SOUTHSIDE
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%
Current Estimated Value
$428,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,411
Avg. Annual Appreciation
13.22%
Original Mortgage
$166,250
Outstanding Balance
$100,594
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$327,817
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
Steele Thomas F $175,000 Century Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steele Thomas F $166,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2018 07/18/18 Sold $175,000 -2.7% $91 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $179,900 -- $93 / 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 $3,825 $371,400 $65,000 $306,400
2024 $3,793 $364,700 $60,000 $304,700
2023 $3,411 $321,800 $50,000 $271,800
2022 $2,946 $270,300 $40,000 $230,300
2021 $2,812 $258,000 $40,000 $218,000
2020 $2,617 $240,100 $39,500 $200,600
2019 $2,080 $190,800 $39,500 $151,300
2018 $1,930 $178,500 $33,300 $145,200
2017 $1,930 $177,100 $33,300 $143,800
2016 $1,908 $175,000 $33,300 $141,700
2015 $1,868 $171,400 $31,400 $140,000
2014 $1,802 $165,300 $31,400 $133,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 849099

Roanoke Valley Association of REALTORS®

APN: 016.03-02-62