NOT LISTED FOR SALE

3349 Locust Grove Ln Salem, VA 24153

Estimated Value: $322,000 - $350,000

4 Beds
2.5 Baths
1,790 Sq Ft
$187/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $260,000 $145 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,014/month

43 Days on Market

Highlights

  • Living Room with Fireplace
  • Ranch Style House
  • Mud Room
  • Fort Lewis Elementary School Rated A-
  • Wood Flooring
  • 1-minute walk to Middleton Garden Park

About This Home

As of September 2021

This beautifully updated 4 BR home is situated on a 1.7 acre park like lot with mountain views! This is the perfect home for the growing family with the large updated eat in kitchen w/ large center island and full unfinished basement for future expansion! The moment you walk in you'll feel at home! Fresh paint, hardwood floors and granite counter tops are just a few reasons. The large level yard is great for entertaining and for children and pets to play! Don't miss this opportunity to be in this well-established neighborhood convenient to restaurants, shopping, parks and all Salem has to offer!

Last Agent to Sell the Property

Brenda Barger

Century 21 ALL-SERVICE-BED License #0225080583 Listed on: 07/10/2021

Century 21 ALL-SERVICE-BED

Last Buyer's Agent

Meredith Ford

OUT OF AREA BROKER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,042

Year Built

  • Built in 1961

Lot Details

  • 1.74 Acre Lot
  • Garden

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,790 Sq Ft Home
  • Ceiling Fan
  • Multiple Fireplaces
  • Mud Room
  • Living Room with Fireplace
  • Scuttle Attic Hole
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

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

Outdoor Features

  • Outdoor Storage

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 055.02-01-02.00-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,042

Year Built

Built in 1961

Lot Details

0

Listing Details

  • FILLACRES: 1.7400
  • BuildingOnProperty: Storage Building
  • Directions: West Main Street to right on Locust Grove Lane to home on right.
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 75794.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 055.02-01-02.00-0000
  • Year Built: 1961
  • Heating System: Heat Pump, Other
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 19.300 x 13.700
  • Livingroom Len: 19.300
  • Livingroom Wid: 13.700
  • Masterbedroom Area: 242.650000
  • Master Bedroom Dim: 21.100 x 11.500
  • Masterbedroom Len: 21.100
  • Masterbedroom Wid: 11.500
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 97.680000
  • Other Room1 Len: 7.400
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: FT LEWIS MT
  • Reciprocal Listing: No
  • Second Bedroom: 13.10x10.10 Level: Level 1 Above Grade
  • Second Bedroom Area: 132.310000
  • Third Bedroom: 11x10.10 Level: Level 1 Above Grade
  • Third Bedroom Area: 111.100000
  • Fourth Bedroom: 12.40x10.50 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 130.200000
  • Above Grade Finished Sq Ft: 1790.00
  • ApplianceConvey: Dishwasher, Disposal, Range-Elec, Refrigerator, Other
  • Has Attic: Scuttle
  • Has Basement: Full, Walkout
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Year Built Exception: 0
  • Fireplace: 2 Fireplaces, Living Room
  • Level 1 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Main Level Bedroom
  • Dining Kitchen: 22.10x11.50 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 19.30x13.70 Level: Level 1 Above Grade
  • Master Bedroom: 21.10x11.50 Level: Level 1 Above Grade
  • Other Room 1: 7.40x13.20 Level: Level 1 Above Grade
  • Additional Room 1 Description: Mud Room
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 254.150000
  • LivingRoom Area: 264.410000
  • Est Other Room1 Dim: 7.400 x 13.200
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Garden Space

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump, Other
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Other
  • School District: Other

Lot Info

  • Lot Sq Ft: 1790.00

Tax Info

  • Estimated Taxes: 2042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2021
Closed on
Sep 10, 2021
Sold by
Smith Shawn T and Smith Catlin C
Bought by
Harris Jamie Ray and Harris Melissa Brown
Seller's Agent
Brenda Barger
Century 21 ALL-SERVICE-BED
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$289,900
Sold Price
$260,000
Premium/Discount to List
-$29,900
-10.31%
Current Estimated Value
$333,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,969
Avg. Annual Appreciation
6.30%
Original Mortgage
$264,000
Outstanding Balance
$240,220
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$93,749

Purchase Details

Listed on
Aug 10, 2018
Closed on
Sep 28, 2018
Sold by
Price Tena Marie
Bought by
Smith Shawn T and Smith Catlin C
Seller's Agent
Matthew Hogan
EXP REALTY LLC - STAFFORD
Buyer's Agent
SEAN P TURK
RE/MAX ALL STARS
List Price
$203,000
Sold Price
$198,000
Premium/Discount to List
-$5,000
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$194,413
Interest Rate
4.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Harris Jamie Ray $260,000 Old Republic Natl Ttl Ins Co
Smith Shawn T $198,000 First Choice Title & Settlem
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Jamie Ray $264,000
Previous Owner Smith Shawn T $194,413
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2021 09/10/21 Sold $260,000 -10.3% $145 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $289,900 +46.4% $162 / Sq Ft
10/05/2018 10/05/18 Sold $198,000 -2.5% $147 / Sq Ft View Prior Sale
08/27/2018 08/27/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $203,000 -- $150 / Sq Ft
Source: Lynchburg 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 $2,911 $282,600 $59,400 $223,200
2024 $2,744 $263,800 $54,400 $209,400
2023 $2,618 $247,000 $52,400 $194,600
2022 $2,410 $221,100 $48,400 $172,700
2021 $2,114 $193,900 $43,400 $150,500
2020 $2,043 $187,400 $45,400 $142,000
2019 $1,974 $181,100 $43,400 $137,700
2018 $1,725 $164,400 $43,400 $121,000
2017 $1,697 $158,300 $43,400 $114,900
2016 $1,697 $157,000 $43,400 $113,600
2015 $1,697 $155,700 $43,400 $112,300
2014 $1,678 $153,900 $41,400 $112,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 332796

APN: 055.02-01-02