NOT LISTED FOR SALE

3920 Ridge Dr Salem, VA 24153

Estimated Value: $217,217 - $264,000

2 Beds
1 Bath
960 Sq Ft
$252/Sq Ft Est. Value

Last Sold December 05, 2016

Last sale price $88,000 $92 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $1,416/month

74 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Storage
  • Mason's Cove Elementary School Rated A-
  • Covered Patio or Porch
  • Shed

About This Home

As of December 2016

Nice ranch with large level lot. The home has nice hardwood floors, dining room, updated kitchen and bath. It has an unfinished basement with loads of potential. The home is being sold ''as is''.

Last Agent to Sell the Property

Rob Jordan

SML SALES INC License #0225067752 Listed on: 07/28/2016

Last Buyer's Agent

Christy Crouch

RE/MAX ALL POINTS License #0225020100

RE/MAX ALL POINTS

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,290

Year Built

  • Built in 1958

Lot Details

  • 0.57 Acre Lot
  • Level Lot

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 960 Sq Ft Home
  • Ceiling Fan
  • Flue
  • Storage
  • Laundry on main level

Kitchen

  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

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

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Masons Cove Elementary School
  • Northside Middle School
  • Northside High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Little Bear Park Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 8a

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,290

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Flue Available, Storage
  • Heating System: Forced Air Oil
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Microwave Oven (Built In)
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Patio, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 960.00
  • ExteriorDoors: Full View
  • Internet Access: DSL
  • LaundryLaundryLowerLevel: 1
  • Major Area: 02 - Roanoke County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 960
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 960.00
  • TotalUnfin Sq Ft: 960.00
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 960.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Side Porch

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Maint-Free Exterior, Paved Road, Satellite Dish

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.57
  • Lot: 8a

Building Info

  • Year Built: 1958

Tax Info

  • Taxes (6 mo): 1290.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2016
Closed on
Nov 25, 2016
Sold by
Secretary Of Hud
Bought by
Nash Anthony W
Seller's Agent
Rob Jordan
SML SALES INC
Buyer's Agent
Christy Crouch
RE/MAX ALL POINTS
List Price
$82,000
Sold Price
$88,000
Premium/Discount to List
$6,000
7.32%
Current Estimated Value
$241,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,554
Avg. Annual Appreciation
11.68%
Original Mortgage
$70,400
Outstanding Balance
$56,847
Interest Rate
3.52%
Mortgage Type
Commercial
Estimated Equity
$184,707

Purchase Details

Closed on
Feb 23, 2016
Sold by
Nationstar Mortgage Llc
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Feb 3, 2016
Sold by
Lolley Ashley B
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Nov 18, 2009
Sold by
Meador Larry and Meador Sandra
Bought by
Lolley Ashley B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,355
Interest Rate
5.01%
Mortgage Type
FHA
Source: Public Records

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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Purchase History

Date Buyer Sale Price Title Company
Nash Anthony W $88,000 Star City Title & Settlement
The Secretary Of Hud -- None Available
Nationstar Mortgage Llc $109,627 None Available
Lolley Ashley B $146,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nash Anthony W $70,400
Previous Owner Lolley Ashley B $143,355
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2016 12/05/16 Sold $88,000 +7.3% $92 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $82,000 -- $85 / 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 $1,926 $187,000 $40,500 $146,500
2024 $1,848 $177,700 $40,500 $137,200
2023 $1,783 $168,200 $40,500 $127,700
2022 $1,527 $140,100 $31,500 $108,600
2021 $1,389 $127,400 $29,700 $97,700
2020 $1,340 $122,900 $29,700 $93,200
2019 $1,285 $117,900 $29,700 $88,200
2018 $1,252 $116,100 $29,700 $86,400
2017 $1,252 $114,900 $29,300 $85,600
2016 $1,256 $115,200 $29,300 $85,900
2015 $1,257 $115,300 $29,300 $86,000
2014 $1,258 $115,400 $29,300 $86,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Rob Jordan

    SML SALES INC

    (540) 871-2400

    27 Total Sales

    Rob Jordan
    Section Image
  • Christy Crouch

    Buyer's Agent in 2016

    Christy Crouch

    RE/MAX

    (540) 312-0085

    514 Total Sales

    Christy Crouch
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 829002

Roanoke Valley Association of REALTORS®

APN: 015.01-03-43

Virginia Roanoke County Salem 24153

3920 Ridge Dr, Salem, VA

Not Listed for Sale

Mobile Manufactured

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