NOT LISTED FOR SALE

349 Red Ln Salem, VA 24153

Salem Area

Estimated Value: $230,000 - $321,000

3 Beds
1.5 Baths
1,360 Sq Ft
$202/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2022

Last sale price $205,000 $151 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,622 / mo

28 Days on Market

Highlights

  • Deck
  • No HOA
  • Breakfast Area or Nook
  • Ranch Style House
  • Covered Patio or Porch
  • 4 Car Detached Garage

About This Home

As of May 2022

Location, location, location! This 3 bedroom 1 1/2 bath home is walking distance to Roanoke College and has been recently updated with refinished HW floors, updated bathroom, updated kitchen with brand new appliances, new carpet, and painted throughout. Off-street parking with detached 2 car garage and carport. Great single-family home or investment property.

Last Agent to Sell the Property

Rachele Hunley

POE & CRONK REAL ESTATE GROUP License #0225071327 Listed on: 04/01/2022

Last Buyer's Agent

Angel Lane

WAINWRIGHT & CO., REALTORS(r) License #0225096830

Range of Values:

--
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

  • $1,870

Year Built

  • Built in 1950

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Home Design

  • Ranch Style House

Interior Spaces

  • Partially Finished Basement
  • Walk-Out Basement
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 4 Car Detached Garage
  • 1 Open Parking Space
  • Detached Carport Space
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,870

Year Built

Built in 1950

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Interior Features: Breakfast Area
  • Heating System: Heat Pump Electric
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Partial
  • Major Appliances: Dishwasher, Range Electric, Refrigerator
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Paved Driveway
  • AddlCoveredPrkng: Carport Detached
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 960.00
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 400.00
  • Major Area: 03 - City of Salem
  • NumberAddCovSpaces: 2.00
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 960
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalCovdPrkSpc: 4.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1360.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 560.00
  • UncoveredNumberSpaces: 1.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 560.00
  • 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: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.22
  • Lot: 4

Building Info

  • Year Built: 1950

Tax Info

  • Taxes (6 mo): 1870.30

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
Apr 1, 2022
Closed on
May 31, 2022
Sold by
Bought by
Seller's Agent
Rachele Hunley
POE & CRONK REAL ESTATE GROUP
Buyer's Agent
Angel Lane
WAINWRIGHT & CO., REALTORS(r)
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%
Current Estimated Value
$274,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,840
Avg. Annual Appreciation
7.19%
Original Mortgage
$164,000
Outstanding Balance
$153,313
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$121,527

Purchase Details

Listed on
Apr 9, 2018
Closed on
Apr 27, 2018
Sold by
Bought by
Seller's Agent
Peter Ostaseski
POE & CRONK REAL ESTATE GROUP
Buyer's Agent
Rachele Hunley
POE & CRONK REAL ESTATE GROUP
List Price
$124,500
Sold Price
$105,000
Premium/Discount to List
-$19,500
-15.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.96%
Original Mortgage
$89,250
Interest Rate
4.44%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 21, 2014
Closed on
Mar 11, 2014
Sold by
Bought by
Seller's Agent
Kathy Chandler
MKB, REALTORS(r)
List Price
$49,000
Sold Price
$47,000
Premium/Discount to List
-$2,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.32%
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

  • Daniel Bennett Real Estate Agent - eXp Realty - Blacksburg

    Daniel Bennett

    eXp Realty - Blacksburg

    (540) 900-2938

    132 Total Sales

    9 in Salem

    $125K - $455K Price Range

    Daniel Bennett
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  • Judy Hillman Real Estate Agent - LONG & FOSTER - ROANOKE OFFICE

    Judy Hillman

    LONG & FOSTER - ROANOKE OFFICE

    (540) 900-2923

    116 Total Sales

    3 in Salem

    $235K - $330K Price Range

    Judy Hillman
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  • Stephanie Varney Real Estate Agent - VARNEY REALTY PARTNERS

    Stephanie Varney

    VARNEY REALTY PARTNERS

    (540) 613-5683

    97 Total Sales

    6 in Salem

    $46K - $235K Price Range

    Stephanie Varney
     Section Image
  • Jarrod Hines Real Estate Agent - REAL BROKER LLC - MCLEAN

    Jarrod Hines

    REAL BROKER LLC - MCLEAN

    (540) 831-3727

    107 Total Sales

    3 in Salem

    $160K - $333K Price Range

    Jarrod Hines
     Section Image
  • Tim Thompson Real Estate Agent - MKB, Roanoke

    Tim Thompson

    Responds Quickly

    MKB, Roanoke

    (540) 900-3294

    126 Total Sales

    9 in Salem

    $163K - $503K Price Range

    Tim Thompson
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  • Brenda Bratt Real Estate Agent - WAINWRIGHT & CO., REALTORS(r)- LAKE

    Brenda Bratt

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 590-5011

    228 Total Sales

    3 in Salem

    $220K - $495K Price Range

    Brenda Bratt
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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
$205,000 Fidelity National Title
$105,000 Performance Title & Settleme
$47,000 Century Title Services Inc
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 $164,000
Previous Owner $89,250
Previous Owner $84,350
Previous Owner $92,000
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 Prior Sale
05/31/2022 05/31/22 Sold $205,000 -4.7% $151 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $215,000 +104.8% $158 / Sq Ft
05/14/2018 05/14/18 Sold $105,000 -15.7% $45 / Sq Ft View Prior Sale
04/09/2018 04/09/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $124,500 +164.9% $54 / Sq Ft
03/17/2014 03/17/14 Sold $47,000 -4.1% $49 / Sq Ft View Prior Sale
02/28/2014 02/28/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $49,000 -- $51 / 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 $1,349 $228,600 $54,200 $174,400
2024 $1,287 $214,500 $53,000 $161,500
2023 $2,324 $193,700 $48,900 $144,800
2022 $1,902 $158,500 $46,900 $111,600
2021 $1,789 $149,100 $44,800 $104,300
2020 $1,726 $143,800 $42,800 $101,000
2019 $1,612 $134,300 $40,800 $93,500
2018 $1,389 $117,700 $36,700 $81,000
2017 $1,378 $116,800 $36,700 $80,100
2016 $1,384 $117,300 $36,700 $80,600
2015 $689 $116,700 $33,000 $83,700
2014 $689 $116,700 $33,000 $83,700
Source: Public Records

Agents Affiliated with this Home

  • Rachele Hunley Real Estate Agent - POE & CRONK REAL ESTATE GROUP

    Seller's Agent in 2022

    Rachele Hunley

    POE & CRONK REAL ESTATE GROUP

    (540) 537-9476

    89 Total Sales

    Rachele Hunley
    Section Image

  • A

    Buyer's Agent in 2022

    Angel Lane

    WAINWRIGHT & CO., REALTORS(r)

    (540) 915-1416

    125 Total Sales

    Angel Lane
    Section Image
  • Peter Ostaseski Real Estate Agent - POE & CRONK REAL ESTATE GROUP

    Seller's Agent in 2018

    Peter Ostaseski

    POE & CRONK REAL ESTATE GROUP

    (540) 353-2661

    8 Total Sales

    Peter Ostaseski
    Section Image
  • Kathy Chandler Real Estate Agent - MKB, REALTORS(r)

    Seller's Agent in 2014

    Kathy Chandler

    MKB, REALTORS(r)

    (540) 819-4640

    51 Total Sales

    Kathy Chandler
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 888177

Roanoke Valley Association of REALTORS®

APN: 87-6-6

Virginia Salem City County Salem 24153

349 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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