NOT LISTED FOR SALE

415 Lake Ave Salem, VA 24153

Salem Area

Estimated Value: $295,000 - $338,000

3 Beds
1.5 Baths
1,782 Sq Ft
$175/Sq Ft Est. Value

Sale Details

Date Sold: June 18, 2020

Last sale price $203,000 $114 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,796 / mo

23 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • No HOA
  • Deck
  • 2 Fireplaces
  • Rear Porch

About This Home

As of June 2020

Well maintained brick ranch that sits on one and a half lots and is one block from West Salem Elementary school. The main level has hardwood floors. Updates include newer roof and newer windows. The lower level is a full walkout basement with a den, half bath and an extra room that could be a 4th bedroom or office. 2 fireplaces...one on each level. Large back deck. There is ample covered parking with an over-sizes 26x26 carport and a 22z12 workshop with electricity.

Last Agent to Sell the Property

Vickie Breedlove

RE/MAX REAL ESTATE ONE License #0225073175 Listed on: 04/02/2020

RE/MAX REAL ESTATE ONE

Last Buyer's Agent

Richard Wimberley

RE/MAX ALL POINTS License #0225088835

RE/MAX ALL POINTS

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,773

Year Built

  • Built in 1957

Lot Details

  • 18,295 Sq Ft Lot
  • Garden

Home Design

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

Interior Spaces

  • 2 Fireplaces
  • Fireplace Features Masonry
  • Storage
  • Laundry on main level
  • Mountain Views
  • Electric Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Basement

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

Parking

  • 4 Open Parking Spaces
  • 3 Parking Spaces
  • Detached Carport Space
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed
  • Rear Porch

Schools

  • West Salem 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 13-14 & 25 FT LT 12

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,773

Year Built

Built in 1957

Lot Details

0.42 Acres

Listing Details

  • Interior Features: Masonry Fireplace, Storage
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Deck, Garden Space, Storage Shed
  • Views: Mountain
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1188.00
  • Fireplace Number Fireplaces: 2
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 594.00
  • Major Area: 03 - City of Salem
  • NumberPrimCovSpaces: 3.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Detached
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1188
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1782.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 594.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 594.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Paved Road

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.42
  • Lot: 13-14 & 25 FT LT 12

Building Info

  • Year Built: 1957

Tax Info

  • Taxes (6 mo): 1773.00

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 2, 2020
Closed on
Jun 17, 2020
Sold by
Bought by
Seller's Agent
Vickie Breedlove
RE/MAX REAL ESTATE ONE
Buyer's Agent
Richard Wimberley
RE/MAX ALL POINTS
List Price
$199,950
Sold Price
$203,000
Premium/Discount to List
$3,050
1.53%
Current Estimated Value
$311,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,386
Avg. Annual Appreciation
7.30%
Original Mortgage
$7,105
Interest Rate
0.032%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Jul 17, 2014
Closed on
Aug 18, 2014
Sold by
Bought by
List Price
$144,500
Sold Price
$142,000
Premium/Discount to List
-$2,500
-1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$113,600
Interest Rate
0.0414%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$203,000 Priority Title & Setmnt Llc
$142,000 Fidelity Natl Title Ins Co
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 $8,576
Open $18,534
Closed $7,105
Open $199,323
Previous Owner $113,600
Previous Owner $50,000
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
06/18/2020 06/18/20 Sold $203,000 +1.5% $114 / Sq Ft
04/25/2020 04/25/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $199,950 +40.8% $112 / Sq Ft
08/28/2014 08/28/14 Sold $142,000 -1.7% $80 / Sq Ft View Prior Sale
07/27/2014 07/27/14 Pending -- -- --
07/17/2014 07/17/14 For Sale $144,500 -- $81 / 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 $1,373 $232,700 $53,200 $179,500
2024 $1,300 $216,700 $51,400 $165,300
2023 $2,314 $192,800 $48,600 $144,200
2022 $2,102 $175,200 $42,900 $132,300
2021 $1,991 $165,900 $40,000 $125,900
2020 $1,802 $150,200 $37,200 $113,000
2019 $1,769 $147,400 $37,200 $110,200
2018 $1,726 $146,300 $37,200 $109,100
2017 $1,682 $142,500 $37,200 $105,300
2016 $1,685 $142,800 $37,200 $105,600
2015 $1,705 $144,500 $41,000 $103,500
2014 $1,705 $144,500 $41,000 $103,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 868366

Roanoke Valley Association of REALTORS®

APN: 102-5-6

Virginia Salem City County Salem 24153

415 Lake Ave, Salem, VA

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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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