NOT LISTED FOR SALE

3318 Locust Grove Ln Salem, VA 24153

Estimated Value: $304,745 - $336,000

4 Beds
2 Baths
1,752 Sq Ft
$181/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $214,955 $123 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,927/month

3 Days on Market

Highlights

  • No HOA
  • Fenced Yard
  • Tankless Water Heater
  • Fort Lewis Elementary School Rated A-
  • Views
  • 1-minute walk to Oakey's Park

About This Home

As of February 2020

This beautiful and spacious 4br/2ba home is sure to amaze you with its amenities and peaceful serenity. The home offers a large fenced in backyard, and dedicated garden space. This is one level living at its finest with the master bedroom, 3 additional bedrooms, and laundry all on the main floor! When stepping inside you will be amazed by the hardwood flooring, large stone fireplace, spacious kitchen, and large center island. This home also boasts a large unfinished basement with easy access. Come find the house you've been searching for, and make it the home of your dreams!

Last Buyer's Agent

Glenn Reed

KELLER WILLIAMS REALTY ROANOKE License #0225229317

KELLER WILLIAMS REALTY ROANOKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,015

Year Built

  • Built in 1975

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 203 x 85
  • Fenced Yard
  • Level Lot
  • Garden

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,752 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Laundry on main level
  • Property Views

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Shed

Schools

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

Utilities

  • Zoned Heating
  • Heat Pump System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,015

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Interior Features: Gas Log Fireplace
  • Heating System: Heat Pump Electric, Zoned Heat
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Dishwasher, Disposer, Microwave Oven (Built In), Range Electric, Refrigerator, Sump Pump
  • Cooling System: Heat Pump Electric
  • Outside Features: Fenced Yard, Garden Space, Paved Driveway, Storage Shed
  • Views: Sunrise, Sunset
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 4
  • EntryAboveGrdFin Sq Ft: 1752.00
  • ExteriorDoors: Full View
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 3264
  • LaundryLaundryEntryLevel: 1
  • Major Area: 02 - Roanoke County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2020-01-20
  • Residential Type: Detached
  • Style Of House: 1 Story
  • SubdivisionMap: Andrew LewisGarden
  • Total Above Grd Fin S Q F T: 1752
  • TotalBdrm: 4
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1752.00
  • TotalUnfin Sq Ft: 1512.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1512.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Public Water
  • Water Heater Type: Tank-less

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 203 x 85
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.38
  • Lot: 10
  • ZoningCode: R-1

Building Info

  • Year Built: 1975

Tax Info

  • Taxes (6 mo): 2015.41
  • FILLTAXID: 055.10-01-06.00-0000

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Feb 18, 2020
Sold by
Strickland Chase
Bought by
Bane Ashley D and Christensen David S
Buyer's Agent
Glenn Reed
KELLER WILLIAMS REALTY ROANOKE
List Price
$214,955
Sold Price
$214,955
Current Estimated Value
$317,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,981
Avg. Annual Appreciation
7.20%
Original Mortgage
$211,061
Outstanding Balance
$186,951
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$130,985

Purchase Details

Listed on
Mar 27, 2019
Closed on
Apr 18, 2019
Sold by
Mccoy Ryan D and Mccoy Kaytlin E
Bought by
Strickland Chase
Seller's Agent
David Lane
WELCOME HOME REAL ESTATE
List Price
$209,900
Sold Price
$209,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.84%
Original Mortgage
$203,603
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2013
Closed on
Jul 5, 2013
Sold by
Spradlin Farm Inc
Bought by
Mccoy Ryan D and Lane Kaytlin E
Seller's Agent
Timothy Toohig
RE/MAX ALL POINTS
Buyer's Agent
David Lane
WELCOME HOME REAL ESTATE
List Price
$188,500
Sold Price
$188,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.87%
Original Mortgage
$185,085
Interest Rate
2.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2006
Sold by
Warren William C
Bought by
Spradlin Farm Inc
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
Bane Ashley D $214,955 American Ttl & Setmnt Agcy L
Strickland Chase $209,900 First Choice Title & Setmnt
Mccoy Ryan D $188,500 Commonwealth Land Title
Spradlin Farm Inc $159,244 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bane Ashley D $211,061
Previous Owner Strickland Chase $203,603
Previous Owner Mccoy Ryan D $185,085
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2020 02/28/20 Sold $214,955 0.0% $123 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $214,955 +2.4% $123 / Sq Ft
04/25/2019 04/25/19 Sold $209,900 0.0% $120 / Sq Ft View Prior Sale
03/31/2019 03/31/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $209,900 +11.4% $120 / Sq Ft
07/05/2013 07/05/13 Sold $188,500 0.0% $107 / Sq Ft View Prior Sale
06/03/2013 06/03/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $188,500 -- $107 / 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 $2,905 $282,000 $55,000 $227,000
2024 $2,727 $262,200 $50,000 $212,200
2023 $2,596 $244,900 $48,000 $196,900
2022 $2,379 $218,300 $44,000 $174,300
2021 $2,216 $203,300 $39,000 $164,300
2020 $2,211 $202,800 $39,000 $163,800
2019 $2,015 $184,900 $39,000 $145,900
2018 $1,900 $181,800 $39,000 $142,800
2017 $1,900 $174,300 $39,000 $135,300
2016 $1,882 $172,700 $39,000 $133,700
2015 $1,865 $171,100 $39,000 $132,100
2014 $1,843 $169,100 $37,000 $132,100
Source: Public Records

Agents Affiliated with this Home

  • Glenn Reed

    Buyer's Agent in 2020

    Glenn Reed

    KELLER WILLIAMS REALTY ROANOKE

    (540) 529-9168

    23 Total Sales

    Glenn Reed
    Section Image
  • David Lane

    Seller's Agent in 2019

    David Lane

    WELCOME HOME REAL ESTATE

    (540) 808-5668

    156 Total Sales

    David Lane
    Section Image
  • Timothy Toohig

    Seller's Agent in 2013

    Timothy Toohig

    RE/MAX

    (540) 330-8300

    287 Total Sales

    Timothy Toohig
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 866061

Roanoke Valley Association of REALTORS®

APN: 055.10-01-06

Virginia Roanoke County Salem 24153

3318 Locust Grove Ln, Salem, VA

This home is located at 3318 Locust Grove Ln, Salem, VA 24153 since 17 January 2020 and is currently estimated at $317,936, approximately $181 per square foot. This property was built in 1975. 3318 Locust Grove Ln 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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