Buyer's Agent in 2017
Grant Cockrell
RE/MAX
(540) 580-8232
3 in this area
196 Total Sales
Estimated Value: $754,000 - $882,000
5
Beds
7
Baths
6,077
Sq Ft
$136/Sq Ft
Est. Value
Highlights
- Golf Course View
- Colonial Architecture
- Breakfast Area or Nook
- Salem High School Rated A-
- No HOA
- Detached Garage
About This Home
As of October 2017''Farmington'' a Georgian Colonial designed (per previous owner) and built by the architect of Farmington Country Club in Charlottesville, VA. When renovating, the current owner maintained the stately understated classic exterior with copper gutters, slate roof and enhanced landscaping, while successfully updating and redesigning the interior to meet today's style of family living and entertaining including first floor master, 2 second floor suites with sitting room, bedrooms and full baths, and a third floor with 2 BRs, 2 full baths and a shared area ideal of office, study or reading. Quality materials throughout, granite, copper sinks, tile and appliances.
Property Details
Home Type
- Manufactured Home
Est. Annual Taxes
- $4,364
Year Built
- Built in 1948
Lot Details
- 0.44 Acre Lot
- Lot Dimensions are 80 x 240
- Level Lot
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- Wired For Sound
- Ceiling Fan
- Drapes & Rods
- Golf Course Views
- Partial Basement
Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Gas Range
- Range Hood
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Walk-In Closet
Laundry
- Laundry on main level
- Dryer
Parking
- Detached Garage
- 3 Open Parking Spaces
- Garage Door Opener
- Off-Street Parking
Outdoor Features
- Patio
- Rear Porch
Schools
- West Salem Elementary School
- Andrew Lewis Middle School
- Salem High School
Utilities
- Radiator
- Heat Pump System
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot S Pt. 12
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2017
Closed on
Oct 16, 2017
Sold by
Shelor Constance R
Bought by
Pressman Sean and Pressman Mary Ashley
Buyer's Agent
Grant Cockrell
RE/MAX ALL STARS
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,357
Avg. Annual Appreciation
3.12%
Original Mortgage
$424,100
Outstanding Balance
$232,894
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$595,463
Purchase Details
Closed on
Feb 17, 2017
Sold by
Shelor Stacey K and Owen Stacey Shelor
Bought by
Shelor Constance R
Purchase Details
Closed on
Aug 10, 2016
Sold by
Owen Zachry M
Bought by
Owen Shelor
Purchase Details
Closed on
Feb 8, 2010
Sold by
Shelor Constance R and Shelor David W
Bought by
Owen Zachary M and Owen Stacey Shelor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
5.11%
Mortgage Type
Construction
Purchase Details
Closed on
Nov 24, 2009
Sold by
Mildenhall Llc
Bought by
Shelor Constance R and Shelor David W
Purchase Details
Closed on
Oct 24, 2007
Sold by
Fleming Lloyd Edwin and Fleming Tracy Lloyd
Bought by
Mildenhall Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
6.47%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pressman Sean | $650,000 | Colonial Title And Settlemen | |
| Shelor Constance R | -- | None Available | |
| Owen Shelor | -- | None Available | |
| Owen Zachary M | $362,500 | Lawyers Title Insurance Corp | |
| Shelor Constance R | -- | Lawyers Title Insurance Corp | |
| Mildenhall Llc | $375,000 | Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pressman Sean | $100,000 | |
| Open | Pressman Sean | $424,100 | |
| Previous Owner | Owen Zachary M | $215,000 | |
| Previous Owner | Owen Zachary M | $232,500 | |
| Previous Owner | Mildenhall Llc | $318,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2017 10/18/17 | Sold | $650,000 | -7.0% | $107 / Sq Ft |
| 09/16/2017 09/16/17 | Pending | -- | -- | -- |
| 04/28/2017 04/28/17 | For Sale | $699,000 | -- | $115 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Tax History Compared to Growth
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 | $4,850 | $822,000 | $75,500 | $746,500 |
| 2024 | $4,747 | $791,200 | $71,600 | $719,600 |
| 2023 | $8,886 | $740,500 | $66,100 | $674,400 |
| 2022 | $8,354 | $696,200 | $63,300 | $632,900 |
| 2021 | $8,090 | $674,200 | $60,600 | $613,600 |
| 2020 | $7,830 | $652,500 | $57,800 | $594,700 |
| 2019 | $7,390 | $615,800 | $55,100 | $560,700 |
| 2018 | $6,138 | $520,200 | $49,600 | $470,600 |
| 2017 | $6,076 | $514,900 | $49,600 | $465,300 |
| 2016 | $6,059 | $513,500 | $49,600 | $463,900 |
| 2015 | $5,992 | $507,800 | $45,400 | $462,400 |
| 2014 | $5,992 | $507,800 | $45,400 | $462,400 |
Source: Public Records
Agents Affiliated with this Home
-
Grant Cockrell
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 836738
APN: 87-3-2
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