NOT LISTED FOR SALE

525 Chamberlain Ln Salem, VA 24153

Salem Area

Estimated Value: $307,892

4 Beds
3 Baths
2,604 Sq Ft
$118/Sq Ft Est. Value

Sale Details

Date Sold: February 15, 2013

Last sale price $130,000 $50 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,807 / mo

17 Days on Market

Highlights

  • Mountain View
  • Family Room with Fireplace
  • No HOA
  • Deck
  • Ranch Style House
  • Bay Window

About This Home

As of February 2013

House is in wonderful condition. Bank approved Short Sale. Lots of Sq ft. Sellers have started a few unfinished projects. Great Deal in City of Salem. House sold As-Is Where is. Dishwasher does not work.

Last Agent to Sell the Property

Rob Robinson

RE/MAX REAL ESTATE ONE License #0225066830 Listed on: 01/08/2013

RE/MAX REAL ESTATE ONE

Co-Listed By

Vickie Breedlove

RE/MAX REAL ESTATE ONE License #0225073175

RE/MAX REAL ESTATE ONE

Last Buyer's Agent

Vickie Breedlove

RE/MAX REAL ESTATE ONE License #0225073175

RE/MAX REAL ESTATE ONE
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 1968

Lot Details

  • 10,890 Sq Ft Lot
  • Cleared Lot

Home Design

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

Interior Spaces

  • Bay Window
  • Family Room with Fireplace
  • Mountain Views
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Basement

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

Schools

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

Additional Features

  • Deck
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Forest Lawns Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / B

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,968

Year Built

Built in 1968

Lot Details

0.25 Acres

Listing Details

  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Cooling System: Heat Pump Electric
  • Outside Features: Bay Window, Deck
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 1334.00
  • FullBathsFullBathsLowerLvl: 1
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 1270.00
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1334
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2604.00
  • 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

  • Lot Description: Cleared
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.25
  • Lot: 5

Building Info

  • Year Built: 1968

Tax Info

  • Taxes (6 mo): 1968.00

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2013
Closed on
Feb 15, 2013
Sold by
Bought by
Seller's Agent
Rob Robinson
RE/MAX REAL ESTATE ONE
Buyer's Agent
Vickie Breedlove
RE/MAX REAL ESTATE ONE
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$307,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,892
Avg. Annual Appreciation
6.61%
Original Mortgage
$80,000
Outstanding Balance
$54,057
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$253,835

Purchase Details

Closed on
Mar 6, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,775
Interest Rate
5.18%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2008
Sold by
Bought by

Purchase Details

Closed on
May 20, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Salem, VA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$130,000 Fidelity National Title Insu
$178,000 Lawyers Title
$105,000 None Available
-- Existence Of Title Insurance
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $80,000
Previous Owner $174,775
Previous Owner $81,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/15/2013 02/15/13 Sold $130,000 0.0% $50 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
01/08/2013 01/08/13 For Sale $130,000 -- $50 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,365 $231,300 $43,100 $188,200
2024 $1,297 $216,100 $41,000 $175,100
2023 $2,318 $193,200 $35,900 $157,300
2022 $2,215 $184,600 $33,300 $151,300
2021 $2,153 $179,400 $31,800 $147,600
2020 $2,113 $176,100 $31,800 $144,300
2019 $2,080 $173,300 $31,800 $141,500
2018 $2,010 $170,300 $30,200 $140,100
2017 $1,991 $168,700 $30,200 $138,500
2016 $1,991 $168,700 $30,200 $138,500
2015 $1,968 $166,800 $29,500 $137,300
2014 $1,968 $166,800 $29,500 $137,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 788247

Roanoke Valley Association of REALTORS®

APN: 57-2-7

Your Personal Tour Guide

Ask me questions while you tour the home.