NOT LISTED FOR SALE

409 S Colorado St Salem, VA 24153

Estimated Value: $167,000 - $255,000

2 Beds
1 Bath
984 Sq Ft
$201/Sq Ft Est. Value

Last Sold July 06, 2016

Last sale price $79,000 $80 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,156/month

9 Days on Market

Highlights

  • No HOA
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Salem High School Rated A-
  • Shed
  • Ceiling Fan

About This Home

As of July 2016

MOVE IN READY HOME. PERFECT FIRST TIME HOME BUYER OR RENTAL. SELLER RENTED FOR $750 A MONTH! BEAUTIFUL HARDWOODS, NEW VYNL FLOORS LARGE OPEN KITCHEN. ROOM OFF KITCHEN WOULD MAKE GREAT OFFICE, NURSEY OR 3RD BEDROOM (NO CLOSET). NEW COVERED FRONT PORCH. INSPECTIONS WELCOME BUT HOUSE SOLD ''AS-IS WHERE IS''

Last Agent to Sell the Property

Lloyd Dyson

RE/MAX REAL ESTATE ONE License #0225074966 Listed on: 05/10/2016

RE/MAX REAL ESTATE ONE

Last Buyer's Agent

Rob Robinson

RE/MAX REAL ESTATE ONE License #0225066830

RE/MAX REAL ESTATE ONE

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $802

Year Built

  • Built in 1927

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Interior Spaces

  • 984 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Partial Basement
  • Laundry on main level

Kitchen

  • Built-In Oven
  • Electric Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch
  • Shed

Schools

  • G. W. Carver Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 27 & 28

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$802

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Forced Air Gas
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Microwave Oven (Built In), Range Electric, Refrigerator, Wall Oven
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 984.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 984
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2016-05-19
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 984
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 984.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Schools

  • Elementary School: G. W. Carver
  • Middle School: Andrew Lewis
  • High School: Salem High

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.14
  • Lot: 27 & 28

Building Info

  • Year Built: 1927

Tax Info

  • Taxes (6 mo): 802.00
  • FILLTAXID: 145-9-11

MLS Schools

  • Elementary School: G. W. Carver
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2016
Closed on
Jun 3, 2016
Sold by
Stallings Antione B
Bought by
409 Colorado Llc
Seller's Agent
Lloyd Dyson
RE/MAX REAL ESTATE ONE
Buyer's Agent
Rob Robinson
RE/MAX REAL ESTATE ONE
List Price
$85,000
Sold Price
$79,000
Premium/Discount to List
-$6,000
-7.06%
Current Estimated Value
$197,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,896
Avg. Annual Appreciation
10.62%
Original Mortgage
$63,200
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage
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
409 Colorado Llc $79,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 409 Colorado Llc $60,000
Closed 409 Colorado Llc $63,200
Previous Owner Stallings Antione B $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2016 07/06/16 Sold $79,000 -7.1% $80 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $85,000 -- $86 / 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
2024 $878 $146,300 $29,100 $117,200
2023 $1,258 $104,800 $27,000 $77,800
2022 $1,123 $93,600 $23,700 $69,900
2021 $1,042 $86,800 $21,900 $64,900
2020 $1,015 $84,600 $21,900 $62,700
2019 $972 $81,000 $21,900 $59,100
2018 $870 $73,700 $21,900 $51,800
2017 $861 $73,000 $21,900 $51,100
2016 $802 $68,000 $21,900 $46,100
2015 $778 $65,900 $25,000 $40,900
2014 $778 $65,900 $25,000 $40,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 826162

Roanoke Valley Association of REALTORS®

APN: 145-9-11