NOT LISTED FOR SALE

625 Palmer Ave Salem, VA 24153

Estimated Value: $232,000 - $274,000

3 Beds
2 Baths
1,000 Sq Ft
$252/Sq Ft Est. Value

Last Sold August 02, 2017

Last sale price $145,700 $146 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,426/month

119 Days on Market

Highlights

  • Mountain View
  • Deck
  • Cathedral Ceiling
  • Salem High School Rated A-
  • Ranch Style House
  • No HOA

About This Home

As of August 2017

Immaculate! One level living! Beautiful Trek country style front porch. Modern colors and decor. Hardwoods in great room area, hallway and all 3 bedrooms. Tilt-in windows, beautiful exterior doors. Deck, utility building, paved drive, crawl space encapsulation and k-guard guttering.

Last Agent to Sell the Property

TERESA E FANT

MKB, REALTORS(r) - SALEM License #0225172758 Listed on: 03/01/2017

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,420

Year Built

  • Built in 1998

Lot Details

  • 871 Sq Ft Lot
  • Level Lot
  • Garden

Home Design

  • Ranch Style House

Interior Spaces

  • 1,000 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Storage
  • Laundry on main level
  • Mountain Views
  • Crawl Space
  • Storm Doors

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,420

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Interior Features: Cathedral Ceiling, Ceiling Fan, Storage
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Dishwasher, Disposer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Covered Porch, Deck, Garden Space, Paved Driveway, Storage Shed
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1000.00
  • ExteriorDoors: Insulated Storm
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1000
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2017-06-28
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: Salem Development
  • Total Above Grd Fin S Q F T: 1000
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1000.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • 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

Schools

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

Lot Info

  • Lot Description: Level Lot, Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.02
  • Lot: 15

Building Info

  • Year Built: 1998

Tax Info

  • Taxes (6 mo): 1420.00
  • FILLTAXID: 215-3-3

MLS Schools

  • Elementary School: South Salem
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
Jul 24, 2017
Sold by
Ferguson Sherry L
Bought by
Kidd Elizabeth M
Seller's Agent
TERESA E FANT
MKB, REALTORS(r) - SALEM
List Price
$148,950
Sold Price
$145,700
Premium/Discount to List
-$3,250
-2.18%
Current Estimated Value
$251,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,130
Avg. Annual Appreciation
6.56%

Purchase Details

Closed on
Nov 29, 2006
Sold by
Wright Rock A and Wright Betty D
Bought by
Ferguson Sherry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,500
Interest Rate
6.31%
Mortgage Type
New Conventional
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
Kidd Elizabeth M $147,500 First American Title Co
Ferguson Sherry L $144,950 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferguson Sherry L $128,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2017 08/02/17 Sold $145,700 -2.2% $146 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $148,950 -- $149 / 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 $1,090 $184,700 $37,700 $147,000
2024 $1,083 $180,500 $36,200 $144,300
2023 $1,939 $161,600 $34,800 $126,800
2022 $1,766 $147,200 $30,900 $116,300
2021 $1,652 $137,700 $29,500 $108,200
2020 $1,614 $134,500 $29,500 $105,000
2019 $1,504 $125,300 $29,500 $95,800
2018 $1,447 $122,600 $28,000 $94,600
2017 $1,420 $120,300 $28,000 $92,300
2016 $1,391 $117,900 $28,000 $89,900
2015 $1,377 $116,700 $26,100 $90,600
2014 $1,377 $116,700 $26,100 $90,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 834510

Roanoke Valley Association of REALTORS®

APN: 215-3-3