NOT LISTED FOR SALE

548 Litchell Rd Salem, VA 24153

Estimated Value: $384,000 - $437,000

3 Beds
3 Baths
3,490 Sq Ft
$116/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $350,000 $100 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,275/month

20 Days on Market

Highlights

  • 1 Acre Lot
  • Family Room with Fireplace
  • Sun or Florida Room
  • Deck
  • Ranch Style House
  • No HOA

About This Home

As of December 2023

This large brick Salem ranch has been owned by one family since new and is bursting with potential! While it now needs some updating and TLC, there's great space (2077 sq ft on the main level), 3 Full Baths, a mostly-finished walkout basement with a big 1-Car Garage, a great backyard and an enormous detached 2-Car Garage with workshop area and Half Bath. The main level has original HW flooring everywhere except the Foyer (slate), KIT, BAs and Sunroom. Roof on house replaced circa 2015, roof on storage shed just done. Water heater 2020. Vinyl soffits. Super neighborhood with quick access to I-81, shopping and restaurants. Xfinity and Glo Fiber are available. Invest in your family's future by bringing this well-loved home back to life!

Last Agent to Sell the Property

Janie Whitlow

THE REAL ESTATE GROUP License #0225044674 Listed on: 09/19/2023

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

  • $3,401

Year Built

  • Built in 1969

Lot Details

  • 1 Acre Lot
  • Garden
  • Property is zoned RSF

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Bookcases
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Drapes & Rods
  • Family Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Sun or Florida Room
  • Storage
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

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

Basement

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

Parking

  • 3 Car Detached Garage
  • Tuck Under Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

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

Utilities

  • Heating unit installed on the ceiling
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,401

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Interior Features: All Drapes, Book Shelves, Ceiling Fan, Gas Log Fireplace, Masonry Fireplace, Storage, Walk-in-Closet
  • Heating System: Baseboard Electric, Electric Ceiling, Heat Pump Electric
  • Fireplace(s): Family Room, Recreation Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Garage Door Opener, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Garden Space, Patio, Paved Driveway, Storage Shed, Sunroom
  • Addl Covered Parking S Q F T: 1176
  • AddlCoveredPrkng: Garage Detached
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 2077.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • Internet Access: Other, See Remarks
  • InternetAccessCurntInternetProv: US Cellular
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 1413.00
  • Major Area: 03 - City of Salem
  • NumberAddCovSpaces: 2.00
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 472
  • PrimCoveredPrking: Garage Under
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: PT BROWN SUBD
  • Total Above Grd Fin S Q F T: 2077
  • TotalBdrm: 3
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3490.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Paved Road

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.00
  • ZoningCode: RSF

Building Info

  • Year Built: 1969

Tax Info

  • Taxes (6 mo): 3400.80

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
Sep 19, 2023
Closed on
Nov 27, 2023
Sold by
Gray Kendra Lynn and Gray Delores Willis
Bought by
Philpott James R
Seller's Agent
Janie Whitlow
THE REAL ESTATE GROUP
Buyer's Agent
Rob Robinson
RE/MAX REAL ESTATE ONE
List Price
$369,950
Sold Price
$350,000
Premium/Discount to List
-$19,950
-5.39%
Views
327
Current Estimated Value
$404,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,903
Avg. Annual Appreciation
7.29%
Original Mortgage
$297,500
Outstanding Balance
$291,505
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$113,398
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
Philpott James R $350,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Philpott James R $297,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2023 12/11/23 Sold $350,000 -5.4% $100 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $369,950 -- $106 / 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 $1,917 $324,900 $57,200 $267,700
2024 $1,886 $314,400 $50,500 $263,900
2023 $3,401 $283,400 $47,400 $236,000
2022 $3,217 $268,100 $45,500 $222,600
2021 $3,094 $257,800 $43,000 $214,800
2020 $2,998 $249,800 $43,000 $206,800
2019 $2,944 $245,300 $43,000 $202,300
2018 $2,879 $244,000 $43,000 $201,000
2017 $2,854 $241,900 $43,000 $198,900
2016 $2,870 $243,200 $43,000 $200,200
2015 $2,814 $238,500 $43,000 $195,500
2014 $2,814 $238,500 $43,000 $195,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Janie Whitlow

    THE REAL ESTATE GROUP

    (540) 353-2461

    26 in this area

    72 Total Sales

    Janie Whitlow
    Section Image
  • Rob Robinson

    Buyer's Agent in 2023

    Rob Robinson

    RE/MAX

    (540) 520-3198

    26 in this area

    69 Total Sales

    Rob Robinson
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 901777

Roanoke Valley Association of REALTORS®

APN: 94-1-2

Virginia Salem City County Salem 24153

548 Litchell Rd, Salem, VA

Not Listed for Sale

Detached

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