$399,000
SOLD JUN 15, 2023

518 Litchell Rd Salem, VA 24153

4 Beds
3 Baths
2,880 Sq Ft
0.59 Acres

Recently Sold

$139 Per Sq Ft

3 Days on Market

Highlights

  • Mountain View
  • Deck
  • Ranch Style House
  • Salem High School Rated A-
  • Great Room with Fireplace
  • Cathedral Ceiling

About This Home

As of June 2023

Check out this gorgeous and spacious contemporary ranch with a ton of room both inside and out. The home is perfectly placed on the huge fenced lot. The backyard features a fire pit and patio area, and there's also a large storage building for all your outdoor stuff. The 2 driveways each lead to a garage--a 2-car attached on the living level, and another 2-car underneath. Inside, the home has an open, vaulted great room, bright kitchen, dining area, 4-seasons sunroom, laundry and 3 ample bedrooms. The master bath is well appointed, with a tub and a large shower. The lower level features a large rec room with fireplace, bedroom, full bath, and additional storage. You'll love the airy feel of this unique plan. Could be a good multi-generational home. Don't wait to tour--this one won't last!

Last Agent to Sell the Property

Neil Conner

THE GOOD SIGN REAL ESTATE CO. License #0225038090 Listed on: 04/28/2023

Last Buyer's Agent

Melissa Frost

LICHTENSTEIN ROWAN, REALTORS(r) License #0225207760

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,718

Year Built

  • Built in 2010

Lot Details

  • 0.59 Acre Lot
  • Fenced Yard

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Doors
  • Great Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Sun or Florida Room
  • Storage
  • Laundry on main level
  • Mountain Views

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Attached Garage
  • Tuck Under Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Restaurant

Listing and Financial Details

  • Tax Lot Tract B1

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,718

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Interior Features: Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Storage, Walk-in-Closet
  • Heating System: Ductless, Forced Air Gas, Heat Pump Electric
  • Fireplace(s): Great Room, Recreation Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Disposer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling, Ductless, Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Fenced Yard, Patio, Paved Driveway, Storage Shed, Sunroom
  • Views: Mountain
  • AddlCoveredPrkng: Garage Under
  • BedroomsBREntryLevel: 3
  • BedroomsBRLowerLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1790.00
  • ExteriorDoors: Insulated, Metal
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 2880
  • Internet Access: Cable
  • LaundryLaundryEntryLevel: 1
  • LowerBelowGrdFin Sq Ft: 1090.00
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberAddCovSpaces: 2.00
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 484
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2023-05-01
  • Residential Type: Detached
  • Style Of House: 1 Story, Ranch
  • Total Above Grd Fin S Q F T: 1790
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 4.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2880.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Maint-Free Exterior, Paved Road

Schools

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

Lot Info

  • Lot Description: Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.59
  • Lot: Tract B1

Building Info

  • Year Built: 2010

Tax Info

  • Taxes (6 mo): 3718.00
  • FILLTAXID: 97-2-2.1

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
Apr 28, 2023
Closed on
May 17, 2023
Sold by
Goens Charlie Lee
Bought by
Hilton Elijah H and Jones Monica N
Seller's Agent
Neil Conner
THE GOOD SIGN REAL ESTATE CO.
Buyer's Agent
Melissa Frost
LICHTENSTEIN ROWAN, REALTORS(r)
List Price
$399,000
Sold Price
$399,000
Views
37
Current Estimated Value
$428,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,034
Avg. Annual Appreciation
1.38%
Original Mortgage
$359,100
Outstanding Balance
$351,009
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$59,771

Purchase Details

Listed on
Nov 11, 2020
Closed on
Dec 16, 2020
Sold by
Hall William F and Hall Julianne R
Bought by
Goens Charlie Lee and Goens Jessica Marie
Seller's Agent
Fred Hall
BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN
Buyer's Agent
Neil Conner
THE GOOD SIGN REAL ESTATE CO.
List Price
$335,000
Sold Price
$339,500
Premium/Discount to List
$4,500
1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$333,350
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2010
Sold by
Century Builders Llc
Bought by
Hall William F and Hall Julianne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.62%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $399,000 Performance Title
Deed $339,500 Sage Title Group
Deed $274,700 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $359,100 New Conventional
Previous Owner $333,350 FHA
Previous Owner $0 Credit Line Revolving
Previous Owner $164,500 New Conventional
Previous Owner $169,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $399,000 0.0% $139 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $399,000 +17.5% $139 / Sq Ft
12/17/2020 12/17/20 Sold $339,500 +1.3% $117 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $335,000 -- $115 / 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 $2,200 $366,600 $39,800 $326,800
2023 $3,781 $315,100 $37,200 $277,900
2022 $3,500 $291,700 $35,800 $255,900
2021 $3,134 $261,200 $33,800 $227,400
2020 $3,050 $254,200 $33,800 $220,400
2019 $2,995 $249,600 $33,800 $215,800
2018 $2,932 $248,500 $33,800 $214,700
2017 $2,905 $246,200 $33,800 $212,400
2016 $2,912 $246,800 $33,800 $213,000
2015 $2,820 $239,000 $36,000 $203,000
2014 $2,820 $239,000 $36,000 $203,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 897812

Roanoke Valley Association of REALTORS®

APN: 97-2-2.1