NOT LISTED FOR SALE

504 Front Ave Salem, VA 24153

Estimated Value: $188,000 - $245,000

3 Beds
1.5 Baths
1,260 Sq Ft
$170/Sq Ft Est. Value

Last Sold August 10, 2016

Last sale price $60,000 $48 Per Sq Ft

Est. 257% increase in value since last sale

Current estimated payment $1,171/month

65 Days on Market

About This Home

As of August 2016

1.5 Story home in South Salem property features two bedrooms and a full bath upstairs a half bath, den and living room downstairs as well as a dining room or could be used as a third bedroom. Taxes and sqft per City of Salem GIS buyer responsible for all inspections and to verify all information. For more information and to submit offers visit HomePath.com

Last Agent to Sell the Property

Gregg Ayers

PRIME REAL ESTATE SERVICES INC License #0225064347 Listed on: 05/16/2016

Last Buyer's Agent

Robert Rouse

YOUNG REALTY COMPANY License #0225022611

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $681

Year Built

  • Built in 1928

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Single Family Detached Home
  • Manufactured Home

Interior Spaces

  • 1,260 Sq Ft Home
  • 1.5-Story Property
  • Basement
  • Dirt Floor
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 3 & 4

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$681

Year Built

Built in 1928

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Heating System: Forced Air Gas
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Dirt - Partial
  • Cooling System: No Cooling System
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 1
  • EntryAboveGrdFin Sq Ft: 840.00
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 1260
  • TotalBdrm: 3
  • TotalBths: 1.10
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1260.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 420.00
  • 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

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.14
  • Lot: 3 & 4

Building Info

  • Year Built: 1928

Tax Info

  • Taxes (6 mo): 681.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2016
Closed on
Aug 9, 2016
Sold by
Federal National Mortgage Association
Bought by
Mizack Jay and Mizack Jennifer
Seller's Agent
Gregg Ayers
PRIME REAL ESTATE SERVICES INC
Buyer's Agent
Robert Rouse
YOUNG REALTY COMPANY
List Price
$64,900
Sold Price
$60,000
Premium/Discount to List
-$4,900
-7.55%
Current Estimated Value
$213,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,915
Avg. Annual Appreciation
14.16%
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
Mizack Jay $60,000 Multiple
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2016 08/10/16 Sold $60,000 -7.6% $48 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $64,900 -- $52 / 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 $700 $118,700 $34,300 $84,400
2024 $662 $110,400 $32,700 $77,700
2023 $1,196 $99,700 $30,200 $69,500
2022 $1,106 $92,200 $26,200 $66,000
2021 $1,070 $89,200 $24,900 $64,300
2020 $1,039 $86,600 $24,900 $61,700
2019 $1,009 $84,100 $24,900 $59,200
2018 $983 $83,300 $24,900 $58,400
2017 $974 $82,500 $24,900 $57,600
2016 $789 $66,900 $24,900 $42,000
2015 $681 $57,700 $24,700 $33,000
2014 $681 $57,700 $24,700 $33,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 826400

Roanoke Valley Association of REALTORS®

APN: 201-5-5

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