NOT LISTED FOR SALE

422 Academy St Salem, VA 24153

Estimated Value: $303,000 - $789,000

3 Beds
1.5 Baths
1,615 Sq Ft
$367/Sq Ft Est. Value

Last Sold July 28, 2016

Last sale price $188,000 $116 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $3,528/month

6 Days on Market

Highlights

  • Golf Course View
  • Deck
  • No HOA
  • Salem High School Rated A-
  • Sun or Florida Room
  • 1 Car Detached Garage

About This Home

As of July 2016

Hardwood floors throughout, enclosed porch off the kitchen side porch is heated and included in square footage, gas fireplace, fresh paint, updated full bathroom, floored walk-up attic for storage. Wonderful location situated on a large level lot.

Last Buyer's Agent

Angel Lane

WAINWRIGHT & CO., REALTORS(r) License #0225096830

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,092

Year Built

  • Built in 1948

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 60 x 240
  • Level Lot

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 1,615 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Gas Log Fireplace
  • Drapes & Rods
  • Living Room with Fireplace
  • Sun or Florida Room
  • Golf Course Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Rear Porch

Schools

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

Utilities

  • No Cooling
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot S PT LT 11&N PT LT12

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,092

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Interior Features: All Drapes, Book Shelves, Gas Log Fireplace, Walk-in-Closet
  • Heating System: Radiator Gas Heat
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Clothes Dryer, Clothes Washer, Range Electric, Refrigerator, Wall Oven
  • Cooling System: No Cooling System
  • Outside Features: Deck, Sunroom
  • Views: Golf Course
  • BedroomsBRUpperLevel: 3
  • EntryAboveGrdFin Sq Ft: 861.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 2476
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryOtherLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBRUpperLvl: 1
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • RatifiedContractDt: 2016-06-14
  • Residential Type: Detached
  • Style Of House: 2 Story
  • SubdivisionMap: Monterio Sub
  • Total Above Grd Fin S Q F T: 1615
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1615.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 861.00
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 861.00
  • UpperAboveGrdFin Sq Ft: 754.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Rear Porch

Utilities

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

Schools

  • Elementary School: West Salem
  • Middle School: Andrew Lewis
  • High School: Salem High

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 60 X 240
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.33
  • Lot: S PT LT 11&N PT LT12

Building Info

  • Year Built: 1948

Tax Info

  • Taxes (6 mo): 2092.00
  • FILLTAXID: 87-3-1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2016
Closed on
Jul 13, 2016
Sold by
West Robert E
Bought by
Lane Michael A and Lane Evangeline A
Buyer's Agent
Angel Lane
WAINWRIGHT & CO., REALTORS(r)
List Price
$189,950
Sold Price
$188,000
Premium/Discount to List
-$1,950
-1.03%
Current Estimated Value
$592,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,182
Avg. Annual Appreciation
13.39%
Original Mortgage
$159,800
Interest Rate
3.54%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Lane Michael A $188,000 First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Evangeline Augusta $410,000
Closed Lane Evangeline Augusta $400,000
Closed Lane Michael A $159,800
Previous Owner West Robert E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2016 07/28/16 Sold $188,000 -1.0% $116 / Sq Ft
06/14/2016 06/14/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $189,950 -- $118 / 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 $3,919 $664,300 $65,500 $598,800
2024 $3,785 $630,900 $64,000 $566,900
2023 $7,151 $595,900 $59,100 $536,800
2022 $6,768 $564,000 $56,600 $507,400
2021 $2,462 $205,200 $54,200 $151,000
2020 $2,407 $200,600 $51,700 $148,900
2019 $2,267 $188,900 $49,300 $139,600
2018 $2,138 $181,200 $44,300 $136,900
2017 $2,116 $179,300 $44,300 $135,000
2016 $2,092 $177,300 $44,300 $133,000
2015 $1,921 $162,800 $39,600 $123,200
2014 $1,921 $162,800 $39,600 $123,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Buyer's Agent in 2016

    Angel Lane

    WAINWRIGHT & CO., REALTORS(r)

    (540) 915-1416

    28 in this area

    149 Total Sales

    Angel Lane
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 827335

Roanoke Valley Association of REALTORS®

APN: 87-3-1

Virginia Salem City County Salem 24153

422 Academy St, Salem, VA

This home is located at 422 Academy St, Salem, VA 24153 since 08 June 2016 and is currently estimated at $592,182, approximately $366 per square foot. This property was built in 1948. 422 Academy St is a home located in Salem City with nearby schools including West Salem Elementary School, Andrew Lewis Middle School, and Salem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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