NOT LISTED FOR SALE

4522 Stypes Branch Rd Salem, VA 24153

Estimated Value: $200,000 - $255,000

3 Beds
2 Baths
1,256 Sq Ft
$184/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $215,000 $171 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,362/month

2 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Patio
  • Glenvar Middle School Rated A-
  • No HOA
  • Bungalow

About This Home

As of May 2024

Renovated 3 bedroom 2 bath cottage conveniently located! Glenvar schools. Updates include: NEW Roof, siding, HVAC, windows, exterior doors, plumbing, electric, insulation and much more. The large flat yard has plenty of room to play, have a large garden and chickens. Concrete pad has power in place for a shed, shop or garage. 3rd bedroom is non-conforming. Contact listing agent for a full list of Remodel Updates.

Last Agent to Sell the Property

Jocelyn Coulston

Thomas & Wall Real Estate LLC Listed on: 04/11/2024

Last Buyer's Agent

Mitch Jearls

MKB, Roanoke License #0225216090

MKB, Roanoke

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,850

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 0.74 Acre Lot
  • Garden
  • Property is in very good condition

Home Design

  • Bungalow
  • Shingle Roof
  • Vinyl Trim

Interior Spaces

  • 1,256 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Attic Access Panel
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Gravel Driveway

Outdoor Features

  • Patio

Utilities

  • Dehumidifier
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 054.040745.000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,850

Year Built

Built in 1952 | Remodeled

Lot Details

0

Listing Details

  • Appearance: Remodeled, Very Good
  • Estimated Total Finished Sq Ft: 1256
  • Cable Internet Company: Buyer to determine internet provider
  • Class: Residential
  • County Or City: Roanoke
  • Deed Bk Pg Instrumnt: 201911684
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: Pt Lt 6 L M Laprad S D
  • Lvt Date: 04/11/2024
  • Master On Main: Yes
  • Parcel Nbr: 054.040745.000000
  • Property Sub Type: Detached
  • Main Level Bathrooms: 2
  • Room Level Bedrooms Main: 3
  • Style Structure Home: Bungalow/Cottage
  • Total Gross Building Area: 1256
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Hardwood, Laminated, Vinyl
  • Appliances: Dehumidifier, Dishwasher, Dryer Hookup-Elec, Microwave, Range/Electric, Washer Hookup
  • Attic: Access Only
  • Basement: Crawl Space
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Exterior Features: Garden Space, Gravel Driveway, Patio
  • Exterior Finish: Vinyl
  • Roofing: Shingle

Garage/Parking

  • Garage Carport: Carport/Single

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Heat Pump
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • HOA: None

Lot Info

  • Estimated Lot Size: 0.74
  • Lot Size: 32234.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
May 10, 2024
Sold by
Hitesman Karen
Bought by
Lovelace Noah Reed
Seller's Agent
Jocelyn Coulston
Thomas & Wall Real Estate LLC
Buyer's Agent
Mitch Jearls
MKB, Roanoke
List Price
$199,900
Sold Price
$215,000
Premium/Discount to List
$15,100
7.55%
Views
82
Current Estimated Value
$230,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,654
Avg. Annual Appreciation
4.90%
Original Mortgage
$217,171
Outstanding Balance
$214,073
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$16,581

Purchase Details

Closed on
Nov 21, 2019
Sold by
Hitesman Karen and Hipesman Karen
Bought by
Hitesman Karen

Purchase Details

Closed on
Jul 3, 2019
Sold by
Fitzgerald Kathy Ferrell
Bought by
Karen Hipesman
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Lovelace Noah Reed $215,000 Virginia Title Center
Hitesman Karen -- Sage Title Group
Karen Hipesman $87,000 Sage Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovelace Noah Reed $217,171
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $215,000 +7.6% $171 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $199,900 -- $159 / Sq Ft
Source: New River 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 $1,850 $179,600 $32,000 $147,600
2024 $1,576 $151,500 $25,600 $125,900
2023 $1,529 $144,200 $25,600 $118,600
2022 $1,424 $130,600 $27,200 $103,400
2021 $1,308 $120,000 $27,200 $92,800
2020 $1,247 $114,400 $28,800 $85,600
2019 $1,246 $114,300 $28,800 $85,500
2018 $1,232 $114,000 $28,800 $85,200
2017 $1,232 $113,000 $28,800 $84,200
2016 $1,211 $111,100 $27,900 $83,200
2015 $1,070 $98,200 $27,900 $70,300
2014 $1,063 $97,500 $27,000 $70,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 420726

New River Valley Association of REALTORS®

APN: 054.04-07-45