NOT LISTED FOR SALE

602 Goodwin Ave Salem, VA 24153

Estimated Value: $105,000 - $182,000

2 Beds
1 Bath
896 Sq Ft
$151/Sq Ft Est. Value

Last Sold April 27, 2021

Last sale price $70,000 $78 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $744/month

65 Days on Market

Highlights

  • No HOA
  • Public Transportation
  • Garden
  • Front Porch
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of April 2021

Investor's Dream. Nice flat lot, one level home in a wonderful Salem neighborhood. 2Br, 1 Bath. Next door to Salem High School. Walking distance to food and shopping. Beautiful hardwood floors under carpet. Includes adjacent lot! Home inspections welcome BUT for buyer information only. No repairs will be made by sellers. Back on market, contract fell through.

Last Agent to Sell the Property

Keith Dalton

KELLER WILLIAMS REALTY ROANOKE License #0225247615 Listed on: 10/26/2020

KELLER WILLIAMS REALTY ROANOKE

Last Buyer's Agent

Keith Dalton

KELLER WILLIAMS REALTY ROANOKE License #0225247615 Listed on: 10/26/2020

KELLER WILLIAMS REALTY ROANOKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,178

Year Built

  • Built in 1955

Lot Details

  • 0.26 Acre Lot
  • Level Lot
  • Garden

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Front Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Public Transportation

Listing and Financial Details

  • Legal Lot and Block 1 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,178

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas, Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Cooling System: Heat Pump Gas, Other - See Remarks
  • Outside Features: Garden Space
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 896.00
  • InternetAccessCurntInternetProv: Xfinity
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 896
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 896.00
  • TotalUnfin Sq Ft: 896.00
  • Unfinished Attached S Q F T Entry Above Grd Unfin S Q F T: 896.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

Utilities

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

Association/Amenities

  • Misc Features: Cable TV

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.26
  • Lot: 1

Building Info

  • Year Built: 1955

Tax Info

  • Taxes (6 mo): 1178.40

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
Oct 26, 2020
Closed on
Apr 27, 2021
Sold by
Gibson Larry W and Ginson Iris E
Bought by
Case Virgil Hoyt and Case Kendra Diane
Seller's Agent
Keith Dalton
KELLER WILLIAMS REALTY ROANOKE
Buyer's Agent
Keith Dalton
KELLER WILLIAMS REALTY ROANOKE
List Price
$74,950
Sold Price
$70,000
Premium/Discount to List
-$4,950
-6.6%
Current Estimated Value
$134,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,872
Avg. Annual Appreciation
15.01%
Original Mortgage
$56,000
Outstanding Balance
$50,671
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$84,201
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
Case Virgil Hoyt $70,000 Sage Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Case Virgil Hoyt $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2021 04/27/21 Sold $70,000 -6.6% $78 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $74,950 -- $84 / 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 $466 $78,900 $48,400 $30,500
2024 $565 $94,100 $46,800 $47,300
2023 $1,450 $120,800 $44,200 $76,600
2022 $1,316 $109,700 $39,000 $70,700
2021 $1,236 $103,000 $36,400 $66,600
2020 $1,184 $98,700 $33,800 $64,900
2019 $1,134 $94,500 $33,800 $60,700
2018 $1,099 $93,100 $33,800 $59,300
2017 $1,089 $92,300 $33,800 $58,500
2016 $1,089 $92,300 $33,800 $58,500
2015 $1,070 $90,700 $33,500 $57,200
2014 $1,070 $90,700 $33,500 $57,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 874579

Roanoke Valley Association of REALTORS®

APN: 90-2-5