NOT LISTED FOR SALE

516 Fort Lewis Blvd Salem, VA 24153

Estimated Value: $229,000 - $302,000

3 Beds
1 Bath
1,586 Sq Ft
$172/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $178,500 $113 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,686/month

3 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Garden
  • Glenvar Middle School Rated A-
  • No HOA
  • Forced Air Heating System

About This Home

As of November 2022

This Brick Ranch is located on 2.39 level acres which includes a separate lot and features 3 Bedrooms, Enclosed porch, Eat-in-Kitchen, Living Room, Fireplace, Hardwood Floors, Deck and Full Basement. Needs some TLC but lots of potential.

Last Agent to Sell the Property

Jack Frye

YOUNG REALTY COMPANY License #0225107868 Listed on: 10/05/2022

Last Buyer's Agent

Rob Robinson

RE/MAX Real Estate One License #0225066830

RE/MAX Real Estate One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,946

Year Built

  • Built in 1945

Lot Details

  • 2.39 Acre Lot
  • Level Lot
  • Garden

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Hardboard

Interior Spaces

  • 1,586 Sq Ft Home
  • Living Room with Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 1 Parking Space
  • Tuck Under Garage

Outdoor Features

  • Deck

Schools

  • Fort Lewis Elementary School
  • Glenvar Middle School
  • Glenvar High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot Pt 1 & 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,946

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Heating System: Forced Air Oil
  • Fireplace(s): Living Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: Refrigerator, Sump Pump
  • Cooling System: Window A/C
  • Outside Features: Deck, Garden Space
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1586.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 2697
  • Internet Access: Cable
  • LaundryLaundryLowerLevel: 1
  • Major Area: 02 - Roanoke County
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • RatifiedContractDt: 2022-10-08
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubagentAuthorized: No
  • SubdivisionMap: Brown S D
  • Total Above Grd Fin S Q F T: 1586
  • TotalBdrm: 3
  • TotalBths: 1.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 1586.00
  • TotalUnfin Sq Ft: 1111.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1111.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Private Septic
  • Water Description: Public Water

Schools

  • Elementary School: Fort Lewis
  • Middle School: Glenvar
  • High School: Glenvar

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 2.39
  • Lot: Pt 1 & 2

Building Info

  • Year Built: 1945

Tax Info

  • Taxes (6 mo): 1946.00
  • FILLTAXID: 044.04-02-45.00-0000 & 044.04-02-46.00-0000

MLS Schools

  • Elementary School: Fort Lewis
  • HighSchool: Glenvar
  • Middle School: Glenvar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Nov 10, 2022
Sold by
Sledd Patricia C
Bought by
Philpott Properties Llc
Seller's Agent
Jack Frye
YOUNG REALTY COMPANY
Buyer's Agent
Rob Robinson
RE/MAX Real Estate One
List Price
$178,500
Sold Price
$178,500
Current Estimated Value
$273,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,578
Avg. Annual Appreciation
12.79%
Original Mortgage
$142,800
Outstanding Balance
$139,337
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$107,720
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
Philpott Properties Llc $178,500 Performance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Philpott Properties Llc $142,800
Previous Owner Sledd Patricia C $76,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $178,500 0.0% $113 / Sq Ft
10/08/2022 10/08/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $178,500 -- $113 / 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
2024 $2,078 $199,800 $50,300 $149,500
2023 $1,901 $179,300 $40,300 $139,000
2022 $1,904 $174,700 $40,300 $134,400
2021 $1,865 $171,100 $40,300 $130,800
2020 $1,792 $164,400 $40,300 $124,100
2019 $1,703 $156,200 $38,300 $117,900
2018 $1,667 $153,900 $38,300 $115,600
2017 $1,667 $152,900 $38,300 $114,600
2016 $1,651 $151,500 $38,300 $113,200
2015 $1,636 $150,100 $38,300 $111,800
2014 $1,628 $149,400 $37,300 $112,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 893482

Roanoke Valley Association of REALTORS®

APN: 044-04-02-45