NOT LISTED FOR SALE

333 Red Ln Salem, VA 24153

Salem Area

Estimated Value: $233,000 - $289,000

5 Beds
2 Baths
1,470 Sq Ft
$178/Sq Ft Est. Value

Sale Details

Date Sold: September 3, 2019

Last sale price $130,000 $88 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,538 / mo

27 Days on Market

Highlights

  • No HOA
  • Front Porch
  • Forced Air Heating and Cooling System
  • Cottage
  • 1-Story Property
  • Gentle Sloping Lot

About This Home

As of September 2019

Terrific location adjacent to Roanoke College for investment or personal use. 5 bedrooms and 2 baths, or convert a bedroom into an entry level laundry/mud room for more convenience. Home in safe & livable condition but would benefit greatly from a little TLC & cosmetic updating. Metal roof on original part of house, composite shingles on addition. Updated Electric, Plumbing and HVAC. Easy walk to downtown Salem and Farmers' Market. Super convenient for RC Students. There is laundry currently in the crawlspace. Agent related to Sellers. Home Sold As-Is, Where-Is with right to inspect. Sellers have never lived in property.

Last Agent to Sell the Property

Amber Mason

MKB, REALTORS(r) License #0225226234 Listed on: 07/08/2019

MKB, REALTORS(r)

Last Buyer's Agent

Chris Martin

RE/MAX ALL STARS License #0225233748

RE/MAX ALL STARS

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,640

Year Built

  • Built in 1950

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 59x115x60x126
  • Gentle Sloping Lot
  • Property is zoned RSF

Parking

  • On-Street Parking

Home Design

  • Cottage

Interior Spaces

  • 1,470 Sq Ft Home
  • 1-Story Property
  • Basement
  • Dirt Floor
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Schools

  • West Salem Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,640

Year Built

Built in 1950

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Heating System: Forced Air Electric, Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Dirt - Partial
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Central Cooling, Heat Pump Electric
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 5
  • EntryAboveGrdFin Sq Ft: 1470.00
  • ExteriorDoors: Metal
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 1 Story, Cottage
  • Total Above Grd Fin S Q F T: 1470
  • TotalBdrm: 5
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1470.00
  • Uncovered Parking: Street Parking
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Lot Info

  • Lot Description: Gentle Slope
  • Lot Dimensions: 59x115x60x126
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.16
  • Lot: 1
  • ZoningCode: RSF

Building Info

  • Year Built: 1950

Tax Info

  • Taxes (6 mo): 1640.20

MLS Schools

  • Elementary School: West Salem
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Oct 23, 2019
Sold by
Bought by
Seller's Agent
Amber Mason
MKB, REALTORS(r)
Buyer's Agent
Chris Martin
RE/MAX ALL STARS
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$262,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,059
Avg. Annual Appreciation
10.60%
Original Mortgage
$112,000
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 8, 2019
Closed on
Sep 3, 2019
Sold by
Bought by
Seller's Agent
Amber Mason
MKB, REALTORS(r)
Buyer's Agent
Chris Martin
RE/MAX ALL STARS
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Salem, VA

  • Amanda Patterson Real Estate Agent - VARNEY REALTY PARTNERS

    Amanda Patterson

    VARNEY REALTY PARTNERS

    (540) 452-9637

    56 Total Sales

    2 in Salem

    $265K - $486K Price Range

    Amanda Patterson
     Section Image

  • TH

    Tim Hash

    Responds Quickly

    MOUNTAIN CITY REALTY & AUCTION LLC

    (540) 240-9970

    70 Total Sales

    6 in Salem

    $150K - $340K Price Range

    Tim Hash
     Section Image
  • Christopher Kidd Carter Real Estate Agent - LONG & FOSTER - ROANOKE OFFICE

    Christopher Kidd Carter

    LONG & FOSTER - ROANOKE OFFICE

    (540) 900-1911

    159 Total Sales

    4 in Salem

    $170K - $670K Price Range

    Christopher Kidd Carter
     Section Image
  • Alex Taylor Real Estate Agent - MAC WESTLAND REAL ESTATE GROUP

    Alex Taylor

    MAC WESTLAND REAL ESTATE GROUP

    (540) 792-3330

    129 Total Sales

    3 in Salem

    $156K - $235K Price Range

    Alex Taylor
     Section Image
  • Steven Lee Real Estate Agent - RED KEY REALTY INC

    Steven Lee

    RED KEY REALTY INC

    (540) 900-3554

    59 Total Sales

    2 in Salem

    $215K - $320K Price Range

    Steven Lee
     Section Image
  • Pam Smith Real Estate Agent - MKB, REALTORS(r)

    Pam Smith

    MKB, REALTORS(r)

    (540) 666-6751

    44 Total Sales

    1 in Salem

    $190,000 Price

    Pam Smith
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Priority Title & Setmnt Llc
$130,000 Priority Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $365,000
Closed $112,000
Previous Owner $104,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/03/2019 09/03/19 Sold $130,000 0.0% $88 / Sq Ft
08/04/2019 08/04/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $130,000 -- $88 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,169 $198,200 $47,900 $150,300
2024 $1,100 $183,400 $46,800 $136,600
2023 $1,990 $165,800 $43,200 $122,600
2022 $1,885 $157,100 $41,400 $115,700
2021 $1,770 $147,500 $39,600 $107,900
2020 $1,871 $155,900 $37,800 $118,100
2019 $1,728 $144,000 $36,000 $108,000
2018 $1,640 $139,000 $32,400 $106,600
2017 $1,624 $137,600 $32,400 $105,200
2016 $1,624 $137,600 $32,400 $105,200
2015 $1,568 $132,900 $32,000 $100,900
2014 $1,568 $132,900 $32,000 $100,900
Source: Public Records

Agents Affiliated with this Home

  • Amber Mason Real Estate Agent - MKB, REALTORS(r)

    Seller's Agent in 2019

    Amber Mason

    MKB, REALTORS(r)

    (540) 520-9784

    45 Total Sales

    Amber Mason
    Section Image
  • Chris Martin Real Estate Agent - RE/MAX

    Buyer's Agent in 2019

    Chris Martin

    RE/MAX

    (540) 519-7018

    154 Total Sales

    Chris Martin
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 860997

Roanoke Valley Association of REALTORS®

APN: 87-6-9

Virginia Salem City County Salem 24153

333 Red Ln, Salem, VA

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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