NOT LISTED FOR SALE

418 Riverland Dr Salem, VA 24153

Estimated Value: $166,000 - $217,000

3 Beds
1.5 Baths
975 Sq Ft
$191/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $100,000 $103 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,022/month

3 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Forced Air Heating System
  • No HOA
  • Attached Carport

About This Home

As of February 2023

Cute 3 bdrm home. Hardwoods in family rm and bedroom. Screen porch over looks flat fenced in yard. Attached carport. New furnace 2014, pull down attic.

Last Agent to Sell the Property

Karin Colozza

MKB, REALTORS(r) License #0225182848 Listed on: 01/20/2023

MKB, REALTORS(r)

Last Buyer's Agent

Adam Stephenson

RE/MAX ALL STARS License #0225242154

RE/MAX ALL STARS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,129

Year Built

  • Built in 1955

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced Yard

Parking

  • Attached Carport

Home Design

  • Ranch Style House

Interior Spaces

  • 975 Sq Ft Home
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Schools

  • East Salem Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Riverland Court Subdivision

Listing and Financial Details

  • Tax Lot 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,129

Year Built

Built in 1955

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Heating System: Forced Air Gas
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Refrigerator
  • Cooling System: No Cooling System
  • Outside Features: Fenced Yard
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 975.00
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Attached
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • SubdivisionMap: Riverland Court
  • Total Above Grd Fin S Q F T: 975
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalFBaths: 1
  • Total Finished Sq Ft: 975.00
  • TotalHBaths: 1
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.19
  • Lot: 8

Building Info

  • Year Built: 1955

Tax Info

  • Taxes (6 mo): 1129.00

MLS Schools

  • Elementary School: East Salem
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2024
Sold by
Southern Style Llc
Bought by
Stephenson Adam Lee
Current Estimated Value
$185,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Outstanding Balance
$134,230
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$51,539

Purchase Details

Listed on
Jan 20, 2023
Closed on
Feb 1, 2023
Sold by
Conner Sarah W
Bought by
Southern Style Llc
Seller's Agent
Karin Colozza
MKB, REALTORS(r)
Buyer's Agent
Adam Stephenson
RE/MAX ALL STARS
List Price
$103,000
Sold Price
$100,000
Premium/Discount to List
-$3,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stephenson Adam Lee -- Priority Title
Southern Style Llc $100,000 Priority Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephenson Adam Lee $136,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2023 02/09/23 Sold $100,000 -2.9% $103 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $103,000 -- $106 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $792 $134,300 $27,300 $107,000
2024 $760 $126,700 $26,100 $100,600
2023 $1,129 $94,100 $24,100 $70,000
2022 $1,024 $85,300 $20,900 $64,400
2021 $956 $79,700 $19,900 $59,800
2020 $943 $78,600 $19,900 $58,700
2019 $892 $74,300 $19,900 $54,400
2018 $868 $73,600 $19,900 $53,700
2017 $881 $74,700 $19,900 $54,800
2016 $376 $74,700 $19,900 $54,800
2015 $188 $69,600 $14,000 $55,600
2014 $188 $69,600 $14,000 $55,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 895457

Roanoke Valley Association of REALTORS®

APN: 233-3-7

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