NOT LISTED FOR SALE

414 Chestnut St Salem, VA 24153

Estimated Value: $160,000 - $258,000

2 Beds
1 Bath
1,206 Sq Ft
$171/Sq Ft Est. Value

Last Sold March 13, 2013

Last sale price $126,500 $105 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,172/month

28 Days on Market

Highlights

  • Spa
  • Deck
  • No HOA
  • Salem High School Rated A-
  • Ranch Style House
  • Fenced Yard

About This Home

As of March 2013

Champagne taste-beer budget! Modern gourmet kitchen. Huge family room could be 3rd BR. Huge deck/outdoor entertainment area. Wonderful backyard. Immaculate! Move-in ready. The back yard is to die for! Level, privacy fenced and family friendly. Custom ''cottage style'' storage bldg. with its own patio. This home has been totally updated. Desirable Salem location. 1-year warranty.

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,096

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 75 x 140
  • Fenced Yard
  • Level Lot

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Ranch Style House

Interior Spaces

  • 1,206 Sq Ft Home
  • Ceiling Fan
  • Partial Basement

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8A

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,096

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Deck, Fenced Yard, Hot Tub, Patio
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1206.00
  • ExteriorDoors: Wood
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 1206
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2013-02-11
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Hockman Land Co.
  • Total Above Grd Fin S Q F T: 1206
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1206.00
  • 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

Association/Amenities

  • Misc Features: Cable TV

Schools

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

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 75 x 140
  • Property Group Id: 19990816212109142258000000
  • Lot: 8A

Building Info

  • Year Built: 1940

Tax Info

  • Taxes (6 mo): 1096.22
  • FILLTAXID: 144-6-3

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
Jan 14, 2013
Closed on
Mar 12, 2013
Sold by
Trail Summer F and Trail Shannon M
Bought by
Moore Kermit Alan
List Price
$126,500
Sold Price
$126,500
Current Estimated Value
$206,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,046
Avg. Annual Appreciation
3.96%
Original Mortgage
$123,778
Outstanding Balance
$86,190
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$120,356

Purchase Details

Closed on
Dec 6, 2005
Sold by
Trail Summer F and Felts Trail Summer Tess
Bought by
Trail Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
6.39%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Moore Kermit Alan $126,500 First Choice Title & Settlem
Trail Shannon M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Kermit Alan $123,778
Previous Owner Trail Shannon M $124,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2013 03/13/13 Sold $126,500 0.0% $105 / Sq Ft
02/11/2013 02/11/13 Pending -- -- --
01/14/2013 01/14/13 For Sale $126,500 -- $105 / 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 $959 $162,600 $42,300 $120,300
2024 $913 $152,100 $41,200 $110,900
2023 $1,618 $134,800 $38,200 $96,600
2022 $1,457 $121,400 $31,800 $89,600
2021 $1,402 $116,800 $30,000 $86,800
2020 $1,342 $111,800 $30,000 $81,800
2019 $1,314 $109,500 $30,000 $79,500
2018 $1,172 $99,300 $30,000 $69,300
2017 $1,160 $98,300 $30,000 $68,300
2016 $1,160 $98,300 $30,000 $68,300
2015 $1,096 $94,000 $30,000 $64,000
2014 $1,096 $92,900 $30,000 $62,900
Source: Public Records

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 788423

Roanoke Valley Association of REALTORS®

APN: 144-6-3