NOT LISTED FOR SALE

708 Goodwin Ave Salem, VA 24153

Estimated Value: $166,000 - $222,000

2 Beds
1 Bath
950 Sq Ft
$196/Sq Ft Est. Value

Last Sold March 04, 2016

Last sale price $45,000 $47 Per Sq Ft

Est. 314% increase in value since last sale

Current estimated payment $1,061/month

15 Days on Market

Highlights

  • Wooded Lot
  • Ranch Style House
  • Central Air
  • Salem High School Rated A-
  • No HOA

About This Home

As of March 2016

GREAT INVESTMENT IN WONDERFUL SALEM SCHOOL AREA. THIS HOME FEATURES 2 BEDROOMS, 1 BATH, EIK AND LIVING ROOM. HUD owned properties are Sold AS IS. 3% buyer agent commission. Ask your agent for details and submit all offers to www.hudhomestore.com. Exclusive agency. More properties may be found on www.HUDHomeStore.com. Case #541-875087. BUYER TO VERIFY ALL INFORMATION. FHA INS. IE. ''EHO''

Last Agent to Sell the Property

Bonnie Hall

GRACIOUS LIVING REALTY License #0205054572 Listed on: 09/02/2015

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,052

Year Built

  • Built in 1942

Lot Details

  • 0.28 Acre Lot
  • Wooded Lot

Home Design

  • Ranch Style House

Interior Spaces

  • 950 Sq Ft Home
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,052

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Cooling System: Central Cooling
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 950.00
  • FullBathsFullBathsEntryLvl: 1
  • Grand Total Attached S Q F T: 950
  • LaundryLaundryEntryLevel: 1
  • Major Area: 03 - City of Salem
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2015-09-17
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 950
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 950.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

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

Schools

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

Lot Info

  • Lot Description: Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.28

Building Info

  • Year Built: 1942

Tax Info

  • Taxes (6 mo): 1051.96
  • FILLTAXID: 67-2-4

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 2, 2015
Closed on
Feb 17, 2016
Sold by
The Secretary Of Hud
Bought by
Flahive Edward Oliver
Seller's Agent
Bonnie Hall
GRACIOUS LIVING REALTY
List Price
$42,000
Sold Price
$45,000
Premium/Discount to List
$3,000
7.14%
Current Estimated Value
$186,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,269
Avg. Annual Appreciation
15.97%
Original Mortgage
$38,000
Outstanding Balance
$30,313
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$155,956

Purchase Details

Closed on
Apr 27, 2015
Sold by
Bank Of America N A
Bought by
Secretary Of Hud

Purchase Details

Closed on
Aug 26, 2009
Sold by
Welch Richard L and Welch Sharon
Bought by
Veron Zachary A and Adams 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
$112,917
Interest Rate
5.31%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 2007
Sold by
Terry Sharon L and Welch Sharon
Bought by
Welch Richard L and Welch Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Flahive Edward Oliver $45,000 First American Title Insuran
Secretary Of Hud $84,725 None Available
Bank Of America Na $112,917 None Available
Veron Zachary A $115,000 Fidelity National Title
Welch Richard L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flahive Edward Oliver $38,000
Previous Owner Veron Zachary A $112,917
Previous Owner Welch Richard L $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2016 03/04/16 Sold $45,000 +7.1% $47 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
09/02/2015 09/02/15 For Sale $42,000 -- $44 / 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 $884 $149,900 $48,900 $101,000
2024 $829 $138,200 $47,300 $90,900
2023 $1,343 $111,900 $44,700 $67,200
2022 $1,217 $101,400 $39,400 $62,000
2021 $1,111 $92,600 $36,800 $55,800
2020 $1,054 $87,800 $34,200 $53,600
2019 $1,012 $84,300 $34,200 $50,100
2018 $988 $83,700 $34,200 $49,500
2017 $985 $83,500 $34,200 $49,300
2016 $1,133 $96,000 $34,200 $61,800
2015 $1,047 $88,700 $28,300 $60,400
2014 $1,047 $88,700 $28,300 $60,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 818925

Roanoke Valley Association of REALTORS®

APN: 67-2-4