NOT LISTED FOR SALE

705 Beech Rd Salem, VA 24153

Estimated Value: $517,000 - $737,000

3 Beds
3 Baths
3,123 Sq Ft
$200/Sq Ft Est. Value

Last Sold March 13, 2018

Last sale price $475,000 $152 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,497/month

1 Day on Market

Highlights

  • 1 Acre Lot
  • Stream or River on Lot
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Wooded Lot
  • No HOA

About This Home

As of March 2018

Designed & built by John Dennis, known for his distinct & unique style, this property may be the gem of all of well known and admired properties! Add the artistic flair of the current owners, this house is an architectural standout. Starting at the front entrance with doors from a church in Lynchburg and the handcarved mantel in the living room from the magnificent ''Boxwood'' estate, together blending splendidly with a handsome kitchen and master suite opening to a private balcony. Secluded patio, gardens and stream included with this 1 acre cul-de-sac lot.

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $4,280

Year Built

  • Built in 1962

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • Lot Sloped Up
  • Wooded Lot

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 3,123 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Cathedral Ceiling
  • Skylights
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Partially Finished Basement
  • Walk-Out Basement
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Covered Space
  • Tuck Under Garage
  • Off-Street Parking

Outdoor Features

  • Stream or River on Lot
  • Patio
  • Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Baseboard Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Honeysuckle Bluff Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 & 2 / 5

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$4,280

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Cathedral Ceiling, Gas Log Fireplace, Skylight, Wet Bar
  • Heating System: Baseboard Gas, Heat Pump Electric
  • Fireplace(s): Family Room, Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Partial
  • Major Appliances: Compacter, Dishwasher, Disposer, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Central Cooling
  • Outside Features: Patio, Paved Driveway, Storage Shed
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 2221.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsLowerLvl: 1
  • LaundryLaundryLowerLevel: 1
  • Major Area: 03 - City of Salem
  • NumberPrimCovSpaces: 1.00
  • OtherAboveGrdFin Sq Ft: 902.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Under
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 3123
  • TotalBdrm: 3
  • TotalBths: 3.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3123.00
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

  • Misc Features: Cable TV, Cul-de-sac, Stream

Lot Info

  • Lot Description: Up Slope, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.00
  • Lot: 1 & 2

Building Info

  • Year Built: 1962

Tax Info

  • Taxes (6 mo): 4280.00

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
Feb 2, 2018
Closed on
Mar 7, 2018
Sold by
Joiner Dan Nelson and Joiner Jennifer Turner
Bought by
Schultz Robert Dale and Schultz Sally P
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$625,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,408
Avg. Annual Appreciation
3.55%
Original Mortgage
$380,000
Outstanding Balance
$323,836
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$301,572
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Schultz Robert Dale $475,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Robert Dale $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2018 03/13/18 Sold $475,000 0.0% $152 / Sq Ft
02/03/2018 02/03/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $475,000 -- $152 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $2,954 $500,600 $97,400 $403,200
2024 $2,935 $489,100 $86,800 $402,300
2023 $5,470 $455,800 $82,800 $373,000
2022 $5,070 $422,500 $76,600 $345,900
2021 $4,760 $396,700 $71,100 $325,600
2020 $4,566 $380,500 $67,100 $313,400
2019 $4,427 $368,900 $67,100 $301,800
2018 $4,321 $366,200 $67,100 $299,100
2017 $4,280 $362,700 $67,100 $295,600
2016 $4,280 $362,700 $67,100 $295,600
2015 $4,208 $356,600 $59,000 $297,600
2014 $4,208 $356,600 $59,000 $297,600
Source: Public Records

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 844786

Roanoke Valley Association of REALTORS®

APN: 61-1-4