NOT LISTED FOR SALE

Estimated Value: $371,000 - $394,000

4 Beds
2.5 Baths
2,374 Sq Ft
$161/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $162,000 $68 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $2,389/month

15 Days on Market

Highlights

  • Ranch Style House
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Penn Forest Elementary School Rated A
  • No HOA

About This Home

As of August 2018

GREAT INVESTMENT PROPERTY. HUDGE RANCH WITH 1824 SQ. FT ON MAIN FLOOR. THIS HOME FEATURES 4 BEDROOMS 2.5 BATHS LARGE EAT IN KITCHEN, 1ST FLOOR FAMILY ROOM AND 2 CAR GARAGE. THIS HOME HAS DISCOLORATION IN BASEMENT. BUYER TO VERIFY ALL INFORMATION. Sellers will review offers after the property has been on the market 7 days. All offers must be submitted via PropOffers.com by the Buyers Agent ONLY.

Last Agent to Sell the Property

Bonnie Hall

GRACIOUS LIVING REALTY License #0205054572 Listed on: 07/11/2018

Last Buyer's Agent

Grant Cockrell

RE/MAX ALL STARS License #0225175737

RE/MAX ALL STARS

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,537

Year Built

  • Built in 1971

Lot Details

  • 0.28

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Parking

  • 2 Covered Spaces
  • Tuck Under Garage

Schools

  • Penn Forest Elementary School
  • Cave Spring Middle School
  • Cave Spring High School

Additional Features

  • 0.28 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Penn Forest Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Legal Lot and Block 6 & E. PT LT 7 / BB

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,537

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Residential
  • Has Basement: Full Basement
  • Cooling System: Central Cooling
  • BedroomsBREntryLevel: 4
  • EntryAboveGrdFin Sq Ft: 1824.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 3624
  • HalfBathsHalfBathsLowerLvl: 1
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 550.00
  • Major Area: 02 - Roanoke County
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • RatifiedContractDt: 2018-07-26
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1824
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2374.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 1250.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1250.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Schools

  • Elementary School: Penn Forest
  • Middle School: Cave Spring
  • High School: Cave Spring

Lot Info

  • Lot Description: Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.28
  • Lot: 6 & E. PT LT 7

Building Info

  • Year Built: 1971

Tax Info

  • Taxes (6 mo): 2537.08
  • FILLTAXID: 087.13-07-23.00-0000

MLS Schools

  • Elementary School: Penn Forest
  • HighSchool: Cave Spring
  • Middle School: Cave Spring

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Aug 24, 2018
Sold by
Reo Acquisition I Llc
Bought by
Jej Properties Llc
Seller's Agent
Bonnie Hall
GRACIOUS LIVING REALTY
Buyer's Agent
Grant Cockrell
RE/MAX ALL STARS
List Price
$139,900
Sold Price
$162,000
Premium/Discount to List
$22,100
15.8%
Current Estimated Value
$382,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,887
Avg. Annual Appreciation
13.02%
Original Mortgage
$171,200
Outstanding Balance
$151,118
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$222,731

Purchase Details

Listed on
Jul 11, 2018
Closed on
Jul 31, 2018
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Reo Acquisition I Llc
Seller's Agent
Bonnie Hall
GRACIOUS LIVING REALTY
Buyer's Agent
Grant Cockrell
RE/MAX ALL STARS
List Price
$139,900
Sold Price
$162,000
Premium/Discount to List
$22,100
15.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,200
Outstanding Balance
$151,118
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$222,731

Purchase Details

Closed on
Apr 26, 2018
Sold by
Ray Ii Michael K and Ray Whitney L
Bought by
Wilmington Savings Fund Society Fsb and Christiana Trust

Purchase Details

Closed on
Mar 7, 2007
Sold by
Baker Steven C and Baker Audra W
Bought by
Ray Ii Micahel K and Ray Whitney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,600
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Jej Properties Llc $162,000 Colonial Title
Reo Acquisition I Llc $213,200 Mortgage Connect Lp
Wilmington Savings Fund Society Fsb $199,750 None Available
Ray Ii Micahel K $268,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jej Properties Llc $10,000
Open Jej Properties Llc $171,200
Previous Owner Ray Ii Micahel K $254,600
Previous Owner Baker Steven C $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2018 08/29/18 Sold $162,000 +15.8% $68 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $139,900 -- $59 / 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 $3,071 $295,300 $64,000 $231,300
2023 $2,910 $274,500 $60,000 $214,500
2022 $2,609 $239,400 $50,000 $189,400
2021 $2,496 $229,000 $45,000 $184,000
2020 $2,458 $225,500 $43,000 $182,500
2019 $2,360 $216,500 $43,000 $173,500
2018 $2,304 $213,200 $41,000 $172,200
2017 $2,304 $211,400 $41,000 $170,400
2016 $2,282 $209,400 $41,000 $168,400
2015 $2,282 $209,400 $41,000 $168,400
2014 $2,312 $212,100 $41,000 $171,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 850402

Roanoke Valley Association of REALTORS®

APN: 087.13-07-23