NOT LISTED FOR SALE

463 Chamberlain Ln Salem, VA 24153

Estimated Value: $281,000 - $303,000

4 Beds
2.5 Baths
1,825 Sq Ft
$161/Sq Ft Est. Value

Last Sold December 06, 2018

Last sale price $162,000 $89 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,644/month

140 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 1 Car Attached Garage
  • G.W. Carver Elementary School Rated 9+
  • Covered Patio or Porch
  • Garden

About This Home

As of December 2018

WONDERFUL ALL BRICK RANCH WITH 4 BEDROOMS AND 2 AND A HALF BATHS. SUPER NEIGHBORHOOD CONVENIENT TO MALL AND DOWNTOWN. HARDWOOD FLOORS. RECENT WINDOWS AND ROOF. HALF OF THE BASEMENT IS FINISHED / BEDROM HALF IS USED AS STORAGE.

Last Agent to Sell the Property

Phillip Darnall

RE/MAX REAL ESTATE ONE License #0225054834 Listed on: 06/11/2018

RE/MAX REAL ESTATE ONE

Last Buyer's Agent

Julie Kingery

MOUNTAIN TO LAKE REALTY License #0225175848

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,750

Year Built

  • Built in 1963

Lot Details

  • 0.28 Acre Lot
  • Level Lot
  • Garden

Home Design

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

Interior Spaces

  • Gas Log Fireplace
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Attic Fan
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Parking

  • 1 Car Attached Garage
  • 3 Open Parking Spaces
  • Off-Street Parking

Schools

  • G. W. Carver Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Forest Lawns Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / A

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,750

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Interior Features: Gas Log Fireplace
  • Heating System: Forced Air Gas
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Dishwasher, Range Electric
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Garden Space, Paved Driveway
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1150.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 675.00
  • Major Area: 03 - City of Salem
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1150
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1825.00
  • TotalHBaths: 1
  • UncoveredNumberSpaces: 3.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Green Features

  • Energy Features: Attic Fan

Lot Info

  • Lot Description: Gentle Slope, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.28
  • Lot: 7

Building Info

  • Year Built: 1963

Tax Info

  • Taxes (6 mo): 1750.00

MLS Schools

  • Elementary School: G. W. Carver
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2018
Closed on
Dec 3, 2018
Sold by
Lorraine Home Rentals Llc
Bought by
Thompson James and Thompson Martha
Seller's Agent
Phillip Darnall
RE/MAX REAL ESTATE ONE
Buyer's Agent
Julie Kingery
MOUNTAIN TO LAKE REALTY
List Price
$174,500
Sold Price
$162,000
Premium/Discount to List
-$12,500
-7.16%
Current Estimated Value
$294,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,152
Avg. Annual Appreciation
8.79%
Original Mortgage
$129,600
Outstanding Balance
$114,180
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$179,972

Purchase Details

Listed on
May 21, 2016
Closed on
Jun 30, 2016
Sold by
Koliba Anthony J
Bought by
Lorraine Michael
Seller's Agent
Maureen Gasink
STRATFORD PROPERTIES INC
Buyer's Agent
Di Jarrard
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$174,900
Sold Price
$165,000
Premium/Discount to List
-$9,900
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.75%

Purchase Details

Closed on
Sep 6, 2011
Sold by
Lorraine Michael
Bought by
Lorraine Home Rentals Llc
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

Date Buyer Sale Price Title Company
Thompson James $162,000 Virginia Title Center Llc
Lorraine Michael $165,000 Acquisition Title & Settleme
Lorraine Home Rentals Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson James $129,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2018 12/06/18 Sold $162,000 -7.2% $89 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $174,500 +5.8% $96 / Sq Ft
06/30/2016 06/30/16 Sold $165,000 -5.7% $96 / Sq Ft View Prior Sale
06/09/2016 06/09/16 Pending -- -- --
05/21/2016 05/21/16 For Sale $174,900 -- $101 / 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 $1,274 $216,000 $42,300 $173,700
2024 $1,212 $202,000 $40,300 $161,700
2023 $2,108 $175,700 $35,300 $140,400
2022 $1,970 $164,200 $32,800 $131,400
2021 $1,901 $158,400 $31,200 $127,200
2020 $1,862 $155,200 $31,200 $124,000
2019 $1,829 $152,400 $31,200 $121,200
2018 $1,748 $148,100 $29,700 $118,400
2017 $1,732 $146,800 $29,700 $117,100
2016 $1,543 $130,800 $29,700 $101,100
2015 $1,528 $129,500 $29,500 $100,000
2014 $1,528 $129,500 $29,500 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 849360

Roanoke Valley Association of REALTORS®

APN: 57-4-4